Welcome to the PMBug forums - a watering hole for folks interested in gold, silver, precious metals, sound money, investing, market and economic news, central bank monetary policies, politics and more.
Why not register an account and join the discussions? When you register an account and log in, you may enjoy additional benefits including no Google ads, market data/charts, access to trade/barter with the community and much more. Registering an account is free - you have nothing to lose!
Both silver and gold are up from yesterday's close in overnight trading in China. Silver maintains a premium to LBMA spot, but the premium appears to have shrunk a little. Gold remains more or less at par with LBMA spot.
The SFE silver vault reports another large outflow. The SGE silver vault reports a tiny net outflow for last week. Is this pure domestic demand draining their vaults?
Okay everybody, do we get slammed down tomorrow ... ?
I don't think so. Not the end of the month or options exp. They have problems.
Maybe a small dip. I don't expect a major Mr. Slammy hammer swing.
Shorts have the anxiety of potential infinite losses.
Silver is experiencing some minor turbulence at exactly the top of the blue range, but it will be short-lived
Once $51.86 breaks, we may see some 4hr candle action around $52.55. Once that breaks, a move to retest the all time high at $54.46 is expected. This may lead to a retest of $52.55, but that too will be short-lived. New ATHs are coming
We are back in up-only mode, folks
We had almost three weeks to buy the dip under $50… I added significant weight over that time. Did you pull the trigger, or did you chicken out?
Maybe much sooner.QE is coming again. They need an event to blame it on. Will be here by March or June 2026.
... Gold was up overnight in China ...
Take out a loan.If I had cash I would be buying the dip. I would not commit all the remaining funds, but at least 33% and maybe 50%.
No way never again. Viking, I want some of your weed.Take out a loan.
I always assumed you had the best stuff.No way never again. Viking, I want some of your weed.
...
pmbug mentioned again. KingKong9888’s buddy on X. 17:45 into video.
JAPAN JUST KILLED THE GLOBAL MONEY PRINTER AND NOBODY NOTICED
The most dangerous number in finance right now is 1.71%.
That’s Japan’s 10-year bond yield. Highest since 2008. Here’s why your retirement just got obliterated:
For 30 years, Japan printed infinity money at 0% rates and exported it worldwide. $3.4 trillion flowed into US Treasuries, European debt, emerging markets. This invisible bid kept YOUR mortgage cheap, YOUR stocks inflated, YOUR government solvent.
November 10th, 2025: The bid disappeared.
Japan’s yield hit 1.71%. They’re pumping $110 billion stimulus into their economy while debt sits at 263% of GDP. The math just became impossible. At 1.7% rates, Japan pays $27 billion MORE in interest. Every. Single. Year.
Here’s the extinction event nobody sees coming:
Japanese pension funds are pulling $1.1 trillion OUT of US Treasuries right now because keeping money in America LOSES them money after hedging costs. The largest foreign buyer of American debt is becoming a seller.
When Japan stops buying, interest rates don’t stay flat. They explode. US 10-year yields will jump 40 basis points minimum from flow dynamics alone. Your 7% mortgage becomes 8%. Corporate debt refinancing costs spike 60%. Zombie companies holding $3 trillion in junk bonds start defaulting in waves.
The yen carry trade just reversed. $1.2 trillion in borrowed yen funding crypto, stocks, emerging markets must unwind. Every hedge fund, every momentum trade, every leveraged bet built on free Japanese money is getting margin called simultaneously.
This breaks in three places:
Stock valuations were built for 2% bond yields forever. At 3.5% yields, the S&P 500 fair value drops 35%. Emerging market currencies collapse without Japanese capital inflows. Europe’s debt crisis returns because Italy and Spain lose their silent buyer.
December 18th the Bank of Japan meets. 50% chance they hike again. If they do, sell everything not nailed down.
Your 401k doesn’t price this in yet. The Fed can’t stop this. No central bank can.
The world’s biggest piggy bank just cracked open and the money is flowing backwards.
Position accordingly or get destroyed.
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?