2025 Lunatic Fringe - Market and Trade Chat

Unobtainium here we come... Wholesalers shutting off their portals, lol.

Voodoo said:

Unobtainium here we come... ...

Click to expand...

India’s Largest Metals Refinery Ran Out of Silver for the First Time in History​

Shortages hit London too. The silver market is broken.


For months, Vipin Raina had been bracing for a stampede of buying from Indian customers loading up on silver to honor the Hindu goddess of wealth.

But when it came, he was still blown away. At the start of last week, his company, India’s largest precious metals refinery, ran out of silver stock for the first time in its history.

Read more here...

They are hammering it again overnight.

Notice how there is Not a SINGLE other market that is moving? It is ONLY the precious metals that are moving. Not even trying to hide the attacks anymore. I think they are feeling the squeeze.

So lease rates go through the roof which kills production which then causes premiums to spike and then the bankers crash the prices. Anyone still believe the bankers have lost control?

If you want 2025 eagles you are now paying 11dollars over spot (Roughly). That kills demand.

That last SD bullion video says they dont know where they are going to get product from. Sounds like they want to create artificial demand by saying that to be honest. If they were truly running low on product they could easily raise the buy back prices until sellers come to the table. Thats how supply and demand works. They did raise the buyback on eagles today so there is a supply issue with those but that's created by the US mint not meeting demand. (We should all write to our congressmen to complain. )

I hate the bankers as much as anyone can but that doesn't change the fact that you dont bet against them when they are going short. Your not going to squeeze them into bankruptcy when they have access to unlimited capital and can naked short as many contracts as they want with no repercussions. If they run out of money they go to uncle Sammy and get more.