115.50
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115.50
I go for a short hike and come back to see silver had reached 117. It's totally out of control, which is a good thing. I don't like control. I bet there is plenty of hand wringing and kvetching at the round table these days. They had a death grip on metals pricing for so long. Now they have oil on their fingers, no matter how much they kvetch, demand yanked it from their hands.
We already have Weimar w/ 36+ Trillion of digital doll hairs in current debt. Loads more with future obligations. They don't make wheelbarrows large enough for these numbers.Quote:
Originally Posted by hoarder
Au breaks $5300
The teevee addled masses don't notice inflation as long as they can buy a cheeseburger with FRN's. Weimar inflation is the point when they notice.Quote:
Originally Posted by osoab
Sure, it's bad now, but it can get a lot worse. Weimar is when it can't get much worse.
I like to put things in a strategic context. We usually look at the Federal Reserve in an economic context. Suppose we put it in a strategic context and assume it isn't about wealth, it's about power. The Fed is a weapon of mass destruction.
Now think how much power a worldwide cashless society would give the banking tribe. They would have us all on a digital leash. this is what they want the most and this is why they will step softly until they implement it. This is why they will not unleash massive inflation before they achieve their objective.
I think all the "massive inflation" information providers are mistaken or misinformation agents.
Look what happened in China overnight. https://goldsilver.ai/metal-prices/s...i-silver-price Premiums jumped to $16. silver will probably breach $120 today.
The CME is attempting again to crater silver. Doubt it works. AU close to 5400
CME hikes Comex silver margins as prices hit record highs and volatility spikes
I made some observations in the Silver forum. Something is very different all of a sudden (repost here):
Something does not make sense:
1. Since the days of Legend (e.g., GIM), I used the following analogy to explain silver as money to people:
a. A 1964 90% silver quarter in 1964 bought you a gallon of gas.
b. today, 20xx, it buys you about a gallon of gas (varies by year and geography in the US, but typically 3/4 gallon to maybe 2 gallons from 2010 to early 2025);
c. This worked from 2010 to the beginning of 2025;
Today, a silver quarter ($20) buys 4-5 gallons of gas! SOMETHING(s) has changed drastically.
I always taught/saw the purchasing power of silver/gold was pretty constant over time. See What Do Silver and Gold Buy? Now it seems that
1. We are in a transition from income tax based economy to a more 19th century style tariff based;
2. By cutting Russia off from SWIFT and stealing their money, we taught the world to not trust the US$ for reserve process, and accelerated the transition back to gold/silver; add resource positioning with China...
3. We are becoming more local (e.g., Monroe Doctrine) and ready to end the cold war era; when the wall came down in East Germany, I said to myself it will take at least 50 years before things begin to recover...
4. The industrial need for silver is MUCH greater than it was in 1964;
5. We have been in a silver (and probably gold) mining deficit for at least 5 years;
6. Trump may move us towards sound money again. He may even remove any taxation on fake gains vs. Federal Reserve dollars.
7. AI is the big thing, but quantum computing may make it look like child's play.
42. Remember the giant computer that took millions of years to answer the question to "life the universe and everything?" Were it a quantum computer, it may have finished in a few minutes, at which point humanity would have said, "let's try and reformulate the question a little".
A perfect storm for silver/gold and other metals is upon us.
The economy is still booming because of rapid advancement of technology (AI, eVTOL, hypersonics, quantum computing, etc.).
Wasn't it a Chinese saying, "May you live in interesting times?". Well, folks, we are living in interesting times.
Au gone wild this evening. At 5500 currently. The high I see is 5626!. Ag high is 119.51
I am holding my breath.Quote:
Originally Posted by JohnQPublic
Kitco "edited" the high to 5583. Hmmmmm.......Quote:
Originally Posted by osoab
Not on FinViz
https://finviz.com/futures.ashx
Need to add that China stopped silver exports.Quote:
Originally Posted by JohnQPublic
https://www.cnbc.com/2025/12/31/chin...ag-metals.html
The higher silver goes the more worthless the dollar becomes.
The bankers are planning to come out on top.
I'm watching the video below and David Webb exposes how they plan to do it.
The Great Taking Documentary
Yep, left that one off. Related to point 4- resource wars. Silver mines could be great, but don't forget rare earths, cobalt, etc., also.Quote:
Originally Posted by osoab
I wouldn't do that! He did suggest removing capital gains from bitcoin, why not constitutional money also?Quote:
Originally Posted by hoarder
This is true in proportion, however, silver is a tiny market in relation to a world of fiat. The psychological effect of high silver is much more damaging to the banking tribe than the actual mathematical effect.Quote:
Originally Posted by Tumbleweed
That's easy to answer. Bitcoin is Jewish and Constitutional money is not.Quote:
Originally Posted by JohnQPublic
Constitutional money applies to the several States of which you aren't one.Quote:
Originally Posted by JohnQPublic
This little mid day pullback in silver means absolutely nothing. If you want to buy silver in China, you have to fork out $134 per ounce. They aren't showing the slightest hesitation in paying it either.
https://goldsilver.ai/metal-prices/s...i-silver-price
As long as China pulls it along, it's going up.
To da moon!
If American investors were the ones pulling it, 90% junk silver coins would be near spot. Dealers are only paying about 80% of melt because industry and China want .999.
LolQuote:
Originally Posted by hoarder
The clever tribe is backdooring the street market by freezing the bank accounts and changing the credit limits on small dealers so average joe cant really profit off this run. Anyway
im holding still.
I have seen some video comments that the refiners are backlogged and not paying out timely too.Quote:
Originally Posted by JDRock
The refiners/smelters are a bottleneck that hinder commerce. Seems it would be convenient for those who like to control commerce to position themselves as refiners/smelters. Maybe they did.Quote:
Originally Posted by osoab
Astute. As in oil, so in metal.Quote:
Originally Posted by hoarder
If China is paying $10 over spot why do they need an order to not export? Do they think their people are stupid? Or in currency wars would the preference be Federal Reserve fiat over Chinese Yuan at any premium?
WTF?
I see in China the price of silver went down, yet their premiums went up from $16 yesterday to $19 today. I smell gefilte fish here.
https://goldsilver.ai/metal-prices/s...i-silver-price
Red Friday? What a crash. I know there is profit taking, Comex raising margins, etc. But this got out of hand imho.
The paper tail wags the physical dog.
Until China reopens Monday.Quote:
Originally Posted by woodman
120 yesterday 86 today lol
What number starts a short squeeze?
As usual, the comments here are more on point than all the jew tube pundidts!
If one Jew on Comex sells 6 million ounces to another Jew and the difference is made up in cash, the price of the metal drops. "Spot price" is whatever Jews say it is.
Why else would there be a $22 premium to buy silver in China? It's a $22 premium over an imaginary price. Spot plus the premium is the actual price.
jewconomics 101: the pump and dump works like magic in paper traded gambling (paper markets).Quote:
Originally Posted by hoarder
Now the Chinese premium on silver is all the way up to 26.78 https://goldsilver.ai/metal-prices/s...i-silver-price
Premium is the difference between the official price of silver and the actual price of silver. I bet the banksters are kvetching about this. The goyim aren't believing their Comex price anymore.
River of tears.
Silver is STILL 80 bitches!
Now that gold and silver have been tamed by the psy-op paper market, I noticed the buy-sell margins at independent dealers have tamed themselves as well. Gold spread around 5% and silver spread around 10%.
https://www.scoins.com/pricelist/tradingsheet.aspx
Under 64 for the lowest this evening.
The banksters are trying to break someone.
Diamond Hands Bitches!
During the spike of 2011, Jews were driving it higher. When they lose control due to demand factors, they make it nearly impossible to sell metals until they get it back down. I think they did the same this time.
Out of nowhere, "$200 silver" youtubers feeding the frenzy driving it past the market.
Why would Jews do this?
When they get the price back down to the new baseline, they can ridicule the bulls.
People who bought above the new baseline are sorry they invested in the metals, now they will wait another dozen years for another spike.
During the duration of the spike, dealer spreads were too wide to sell because Jewish refiners bottlenecked the marketplace.
Due to the confusion of volatility, it was difficult for metals investors to decide what to do, so they made no profit. No time to sell high and buy low.
Do you guys think I'm wrong about this? I see a pattern of short lived spikes.
I read that 14% of the silver inventory was traded via paper yesterday. NOT A SINGLE OZ WENT ANYWHERE. I smell bagles! The only good thing about this run imo, is the former threshold of 50 is destroyed forever. So, when the REAL shtf weimar stuff happens we will see 200 as a bottom. That said it is folly to measure the value of PMs by dollars of any fiat currency- its worth what it always was and will be.
I suspect that almost every market has these "market makers" who determine the value of goods, pork bellies, copper, cattle, anything that can be traded in paper in Jew York City. Just before they make the trades, the derivatives players place their bets and they're probably right on the mark every time.Quote:
Originally Posted by JDRock
This includes related markets like for silver they might place their bets on the miners taking a shit.
Then the grinning media explains it away as "profit taking"......it is, after all profit taking, measured in shekels.
I agree that $50 is probably the new baseline.