2025 Lunatic Fringe - Market and Trade Chat

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His image continues below the fold and appears to show an increase from 3000 to 4000. I've asked him for clarification.
 
pmbug said:
Gold and silver both trade essentially flat (very slightly up) from yesterday's close in overnight trading in China. The SFE silver vault reports a strong inflow (though not as big as yesterday). The SGE silver vault reports a massive outflow for last week. These vault numbers are net totals. It would be interesting to know the actual deposits and withdrawals to see how much metal was actually flowing into SFE ~> SGE ~> private hands.
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China SGE was closed Monday (last night) for a holiday. They resume trading tomorrow (tonight).
 


Looks like the jump in silver this morning wasn't from China/SGE.

 
I've owned a couple NVDA puts but want to follow this trade. I wish I knew which expiration and strike prices he owns. May have to do some digging.

It looks like all the articles came out in mid-May and only represented his holdings as of Q1 or March 31.

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Voodoo said:
I've owned a couple NVDA puts but want to follow this trade. I wish I knew which expiration and strike prices he owns. May have to do some digging.

It looks like all the articles came out in mid-May and only represented his holdings as of Q1 or March 31.

View attachment 16682
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Ok I don't know where I put it but I said now is not the time to trade and just buy and hold. Well... feel like a a bit of a hypocrite now. Think you can and should rotate a bit between your positions but on net don't make big in and out moves. I did trim some EXK today on a big 15% day and put in an order to buy back longer ITM calls as a replacement.

Also from that cash did get ready to exercise some ITM GME calls and nibbled on this trade. Got me some Oct $85 puts on NVDA i think they were.
 
CPI data came out missing expectations. Market expects this to provide incentive to the Fed to lower rates. Bad news is good news for the market.
 
Looks like we had some totally normal trading action in gold and silver last night around 4am. :lmao:
 
This is not a price chart. This is a crime scene.

Whenever you see this type of waterfall decline in the price of gold or silver (80 cents within 40 minutes!), on no news whatsoever, which quickly reverses itself as though nothing had happened, you should know that some bankster has gone "stop hunting".

They manipulate the price lower in order to trigger automatic stop loss orders, set up by unsuspecting traders. Then they buy back those contracts at a lower price and pocket the difference. It's highway robbery, and yet no one will investigate it and no one will ever be prosecuted for it. The banksters are above the law.

This is why I ask you to buy physical bullion, and not ETFs or futures contracts. When you own the actual metal, you are immune to such shenanigans.
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In yesterday's recap I mentioned how the banks short position in the silver market had reached the second highest level in history, and remains only 4,000 contracts away from the all-time record set in July of 2016. And given how the price has risen $2 since the cutoff from last week's report, which extends to the end of today's trading, there's a good chance that the banks once again increased their short position in this week’s reporting period.
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LBMA Silver Short Position Now 2nd Largest In History | ZeroHedge

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Markets seem to be holding their collective breaths right now.

 
So ... any bets on how the market reacts this week? Are people becoming numb to war news after Russia-Ukraine and the markets sleep on the Israel-Iran conflict? Or do the markets start pricing in a risk of WW3 or nuclear explosions?
 
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