Gold, Silver, PM's and Markets

Another day of pressure of paper gold and silver hitting the fake price for gold and silver in the west. They will press as long as they can because once it turns it will move up sharply again. Today is a total BS day once again. Three weeks of pure Bullion Bank manipulation as far as I can see. The war was their excuse and they have been relentless. They want the miners at cheap prices and they will load up on them soon

Same pre market BS. Paper gold and silver taken down at the open and pressing. So more crap to follow.

Once again the PM shares were massively down on the day given the fact gold was only off 160 and silver 2.50 on the day. The algos' are designed to hit them as they had done on the way up. So not shocked with all of the massive hits over the past three weeks. We need some sideways to up movements now so that the shares can see recovery. This was a totally rigged take down by the usual suspects period. The general markets look weak and they have not been hit as hard as the PM sector as usual.

Well they triggered stop loss selling and margin calls to allow the waterfall takedown to continue this morning. We need silver to close above 70 today. They triggered the 74 dollar area that caused this hit. So if this does not hold 64 is the next level for silver.

Well we are once again setting up for a hit on the PM sector. Gold down over 155 dollars and silver down almost 5 dollars, just before 8 am.

Well more pain in the PM's today. A slow death of a thousand cuts. Currently gold below 4900 and silver at 78.11. US dollar now below 100 but the Bullion Banks keep pressing. Problem for them physical silver almost gone and inflation caused by currency creation and the Iran war. How much longer will this correction take place. We are near the bottom of this correction and most of the damage has been done in the PM shares

Looked earlier today and silver and gold were in the green just like yesterday and now you start to see the paper gold pressure on both of them once again. So how much longer will this correction or in my opinion the taking take place stating that the US dollar moving above 100 will impact this sector. Even in the past when we had nice up days in metals they would be selling off towards the end of the day. So the algo's are still trying to press them down.

Well according to this guy 500 oz of silver puts you in the top 1 percent. 5000 oz puts you in the top .1 percent
https://www.youtube.com/watch?v=NUb7El0JuWA

https://www.youtube.com/watch?v=mDOdXFVKhJQ

First Majestics Jerritt Canyon Nevada gold mine drill results.

I lost a fortune on Jerritt Canyon based on the previous owners. They could not make it profitable even with owning the autoclave. First Majestic has a lemon here in my opinion.

https://www.youtube.com/watch?v=Knmw7vTpdV8

Total BS being pushed today regarding the hit on gold and silver this morning. Today we are not getting any words of wisdom from the financial sector today. This is NUTS and not logical at all

(Kitco News) - The gold market is struggling to hold the line near $5,200 as investors continue to focus on stubborn inflation, which could force the Federal Reserve to maintain its neutral monetary policy longer than expected.

How in the world is the above quote logical in tthe gold and silver markets being down this morning??? So if the CPI is showing inflation how is this PM negative.

How many silver physical ounces you need to be in the top ranks. In the old days buying 100 oz bricks of silver was very economical.  So today if you own 500 oz you are among the top physical owners in the world.

https://www.youtube.com/watch?v=cm-xbuStU4Y

To be in the top 5 percent of silver owners worldwide, you need to own approximately 10 to 20 ounces of physical silver. This relatively small amount places you ahead of the approximately 7.7 billion people who own no silver bullion at all.

Owning approximately 60 to 100 ounces puts an individual in the top 1% of global holders.

Sorry Sherlock did not see your post. Sorry about the repeat guys

https://www.youtube.com/watch?v=e-OZR-Kgumc

I do not see the PM run being over but that the Bullion Banks are badly short on silver. Paper silver will be what finally brings down this rigged game. They are pressing but with the Physical market for silver being 10 dollars higher how can this last? Physical silver is also very much in short supply. They are trapped in their own rigged game and trying to cover and fold away an many paper silver shorts as possible. We are also in the end of a full moon phase and that indicates lows. Just my 2 cents worth

Well it is obvious that many of todays headlines are based on crap and fake economics


Peter Goodburn: Amid Iran Chaos 🚨 Gold & Silver Plunge – Rebound When?

Given the facts of the war Gold and silver should be going up not down. The down hit was your typical hit by the Bullion banks being under water on their paper silver shorts. They took advantage of the Dow being down over 1000 points and did their typical waterfall takedown in the prices. Same scams as usual

Well is this the beginning of the break in the US market that people have been stating would take place soon. Well they have taken down gold and silver hard last night again. Golf off 150 and silver down approx 7 dollars. When will be the point that investors run to the PM metals to protect their position?

https://www.youtube.com/watch?v=AO4RSamsZ6I

https://www.youtube.com/watch?v=XxXsvP8-C7k

wolavka These are grab samples not drill results. So until they drill we will not see the reality of the property for Decade. Also this was a paid press release. But worth keeping an eye on it currently. Anyone have opinions on Giant Mining BFG or Copper Giant CGNT?

Same trend as usual a nice strong open and as the day progresses the shares give away the gains. With silver and gold being up this nicely they should be stronger in my opinion on the PM shares. Once again the same is taking place as the day progresses the algo's start peeling the gains. For example I80 gold opened up at 2.74 it fell to the to 2.59 the previous days close and now up to 2.63 currently. So a nice open and again the gains gone fast. Well lets see what happens because the Bullion banks are sitting on massive short positions and they will not give up easily. Tonight when China opens at 8 pm we will see what will happen tomorrow and towards option expiry at the end of this week. How many will be standing for delivery of silver?

The usual suspects just attempted another waterfall takedown in paper gold and silver and that is the reason the PM shares are now heading down. Question are they now trying to cover the miners they had shorted or are they buying the miners? Classic raid as usual.

https://www.youtube.com/watch?v=G25T2XHwxqM

With China being closed for holidays this week the Bankster Gang will be hitting paper gold and silver. Just pure evil criminals.

They are still trying to cap the recovery today in paper gold and silver. Given how much was taken down yesterday in PM share prices todays recovery so far today has been weak. Will they try another attempt later today or Monday? Given last weeks raid I was somewhat shocked at yesterdays hit on the PM shares. But I have realized that they wanted to load up on them before the next wave up. So once again the markets are being games by the usual suspects. Will we ever see any justice? No because the Globalists are gaming all aspects of all world markets. Until Central Banks are taken down in the western nations this will continue, So time to go and do something else and allow this to resolve itself. Physical silver is what will break them finally in my opinion

So what is the reason given for todays paper PM hit? Such total BS. again out of the blue and a waterfall takedown. Yah no market manipulation taking place here move on and watch the criminals get away with it once again.

Physical silver is the key to this market period. And also the small size of the silver market. This will be the Achilles heel of the Banksters

https://www.youtube.com/watch?v=nRfrXMGkaPA

Well here we go again another takedown in gold and silver. Given todays action noting new here. Gold currently down 115 and silver down 13. How far do we fall before tomorrows trading begins?

Well they are attacking paper gold now. Given the nice move up yesterday an easy target. Thank you Banksters for the opportunity to add to my position. When the miners start reporting 4th quarter earning in Feb the shares will start to firm and split from the paper gold and silver raids. Investors need to wake up to the rigging at this point in time.

Sherlock you are wrong about the Banksters  not playing games. They are at it again. With the smallest market attacked first. Silver. They are working hard to take away the gains of today. Problem is China still has way higher prices and all the Banksters of the west who have physical silver are going to take advantage of the spread at the expense of the western businesses that needs silver.

Splash2Pan welcome. You are still early in the commodity cycle for the most part in my humble opinion. We have a war in economic terms between the east and west. Result will be falling currency and standard of living in the west. The world will be divided into several trading blocks but the result will be you need protection from western currencies and possibly looking for a new home country if the problems continue in the west. But enough of that cheers!!!

We are being games by the usual suspects.

We needed silver to stay above 90 in order for the silver rally to continue. Now support is busted next support at 86. What a joke physical silver trading over 110 in Asia. So did they brake a third silver rally in over 50 years? I do not think they will win but they painted the charts to once again try and brake the run. I do think this time is different since physical is the key and they have only put themselves in a deeper hole. Well done you Bankster fools eventually your tricks will end

Well it looks like they want gold and silver lower so the bounce back earlier today is being taken back once again. Interesting to see where we settle. So many articles about silver being over prices currently. We have to realize we have magnets at 100 silver and 5000 gold. We blew past them so we will see what happens by morning

Needed to pay off a purchase this morning and my silver shares are all down while silver is up. Classic BS manipulation as always. So sold off a company that was still in the green instead of feeding into the manipulation. Will see what happens

Second attempt today to hit the silver paper market with 1.8 billion paper hit silver oz. Such bull they want silver down but the physical markets in the World are much higher than the current paper prices on the Crimex. Silver shares once again whacked but looking to buy towards the end of the day if stay weak

https://www.youtube.com/watch?v=_tYm6zkuhFQ

Took me days to figure out how to get on with my new computer. Ouch

Well for those that think negative of Trump this adds an interesting twist in my opinion.... We do live in interesting times

https://www.youtube.com/watch?v=KngW9p4jw44

Option expire today on the PM shares. That is why they hit the paper gold and silver today to cap those prices on the PM shares. The PM shares are way under valued given the current prices on gold and silver. Buy today and hold on tight

Well the attempted hit in paper gold and silver was a none event today yet many PM shares are stinking up the place and with silver up over 5 dollars some of my silver miners are in the red or doing nothing. Also with gold at news highs many of the gold miners today are doing nothing. It is starting to look like the Dow is about to turn over down 250 pts so far today. To small of a group of leaders and the majority of those stocks are not doing well. If the Fed prints money they will go up in nominal terms because of currency creation and inflation running wild. Once oil starts to move and it will because it has been capped because of Russia currently but this is also coming to an end. Expect oil to move towards 300 in the near future. The 1970's again but on steroids and without the Fed having the ability to control it. The great reset is on the way. Question where do you keep your assets safe? Cash, commodity shares or physical silver and gold and physical silver and gold. Physical silver might not work but we do have gold. Convert your silver into gold at or below 15 to 1.... Well good luck but todays paper move in gold and silver resulted in a nothing burger once again. Yet if gold and silver were down they would hit the PM shares as usual

Dow off earlier over 300 and now down 250. So just maybe some people are selling their silver and gold shares to cover their margins? Given the paper move on silver and gold today the shares for the most part have been muted. Nice open and now many are moving into the read while others are finally coming to life.

CME increase of margins once again. Not working because the Chinese physical market is trading in the low 90's for silver as a floor. So no dice on the margin increase so far. Silver up over 2 dollars. We do live in interesting times. Physical shortage is now in play

So once again they are gaming the system. They raised the margins on Gol and Silver once again. Tired of playing in a totally rigged sandbox

Tired of the programs taking the PM share prices down once again from a nice open. Over 1/2 of todays gains already gone on my portfolio. Tired of this trend. Nice moves on paper gold and silver today the shares should have been stronger. Many people still expecting a massive takedown. Given the physical shortage in silver do not see it as of yet. Given all the western currency creation they might try but it will not stick. But given they have paper gold and silver and most people have no idea what is happening anything can happen.

Kapex unless they have bullion for the smash it will not take and work against them. The paper game is now in my opinion ending.... While physical prices stay above the paper price the reality will be towards the upside. But in the short run they have done major damage as usual with the charts. Lets see what next week brings. If the Chinese do not ship silver to the west and where will the west be getting the physical from??

https://www.youtube.com/watch?v=fAaNZ11TchM

Wishing everyone here a Happy New Years. Also would like to take a min to remember the members we have lost this year. Cheers