2025 Lunatic Fringe - Market and Trade Chat
- Thread starter pmbug
- Start date
Welcome to the Precious Metals Bug Forums
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!
- Status
China Silver Fund Plunges After String of Moves to Quell Frenzy https://share.google/OUARpBIHt6ARkquri
And what do they hope to achieve with this play?
Not runaway gaps in strong bull markets.
FYI - The China SDIC fund is a derivative of the SHFE futures market. It doesn't actually have any relationship to the physical silver market (it does not maintain any physical silver vault stock). The issue with it is that the Chinese people have access restrictions to the physical market and the fund is on the receiving end of the pent up demand for silver price exposure.
How and why are they restricted from the physical market? We've seen them buy gold all over the place.
Additionally, there may be restrictions/limits/caps on the bank run silver accumulate programs, but I need confirmation on that (I've asked some Chinese peeps that should know but have not received an answer)
All signs point to the Silver heading straight towards Unobtainium. And governments appear to be figuring it out. Imposing capital controls and trying to lock down what they have, many starting in Jan.
- Messages
- 19,404
- Reaction score
- 11,574
- Points
- 288
yet another reason the EU will collapse
BRITAIN’S REAL CRISIS: THE PEOPLE WHO BUILT IT ARE WALKING AWAY
While politicians remain obsessed with immigration headlines, nearly one million British citizens quietly left the UK between 2021 and 2024.
Young professionals, families, and entrepreneurs are leaving not out of ideology, but exhaustion, priced out of housing, overtaxed, and stripped of opportunity.
The most alarming detail is who is going: the 16-34 generation meant to sustain Britain’s economy, innovation, and public finances.
At the same time, capital is fleeing at record speed, with London rapidly losing its status as a global magnet for wealth and talent.
Punitive tax policies and political hostility toward success have turned the UK into one of the least attractive environments in the developed world.
Other countries are competing for talent and investment, while Britain lectures, regulates, and bleeds itself dry.
This is the real demographic crisis, as Britons leave in large numbers and non-European arrivals replace them, the country is heading toward a future where Britain is no longer British in any meaningful sense.
Source: Europa Press
BRITAIN’S REAL CRISIS: THE PEOPLE WHO BUILT IT ARE WALKING AWAYWhile politicians remain obsessed with immigration headlines, nearly one million British citizens quietly left the UK between 2021 and 2024.
Young professionals, families, and entrepreneurs are leaving not out of ideology, but exhaustion, priced out of housing, overtaxed, and stripped of opportunity.
The most alarming detail is who is going: the 16-34 generation meant to sustain Britain’s economy, innovation, and public finances.
At the same time, capital is fleeing at record speed, with London rapidly losing its status as a global magnet for wealth and talent.
Punitive tax policies and political hostility toward success have turned the UK into one of the least attractive environments in the developed world.
Other countries are competing for talent and investment, while Britain lectures, regulates, and bleeds itself dry.
This is the real demographic crisis, as Britons leave in large numbers and non-European arrivals replace them, the country is heading toward a future where Britain is no longer British in any meaningful sense.
Source: Europa Press
- Messages
- 1,833
- Reaction score
- 2,172
- Points
- 283
yet another reason the EU will collapse
While politicians remain obsessed with immigration headlines, nearly one million British citizens quietly left the UK between 2021 and 2024.
Young professionals, families, and entrepreneurs are leaving not out of ideology, but exhaustion, priced out of housing, overtaxed, and stripped of opportunity.
The most alarming detail is who is going: the 16-34 generation meant to sustain Britain’s economy, innovation, and public finances.
At the same time, capital is fleeing at record speed, with London rapidly losing its status as a global magnet for wealth and talent.
Punitive tax policies and political hostility toward success have turned the UK into one of the least attractive environments in the developed world.
Other countries are competing for talent and investment, while Britain lectures, regulates, and bleeds itself dry.
This is the real demographic crisis, as Britons leave in large numbers and non-European arrivals replace them, the country is heading toward a future where Britain is no longer British in any meaningful sense.
Source: Europa Press
Thats what happens when you give up your guns. Once they get the guns away from the population they are free to screw you as they see fit. Just talking badly about them lands you in jail now.
- Messages
- 19,404
- Reaction score
- 11,574
- Points
- 288
Only government...
This is absolutely insane:
This morning, the US government was selling Platinum coins on the US Mint website for $2,345/oz.
At 6:30 AM ET, Platinum prices surged above $2,345/oz, rising to a high of $2,470/oz by 10:15 AM ET.
Yet, the US continued selling these coins for $2,345, or ~5% below the market price.
As traders realized, they began buying these coins which could then be sold for ~5% more.
This likely cost the US millions of dollars, depending on how many coins were sold before the US Mint realized.
The precious metals rally has entered US government "arbitrage" mode.
Not even the US Mint saw this coming.
This is absolutely insane:
This morning, the US government was selling Platinum coins on the US Mint website for $2,345/oz.
At 6:30 AM ET, Platinum prices surged above $2,345/oz, rising to a high of $2,470/oz by 10:15 AM ET.
Yet, the US continued selling these coins for $2,345, or ~5% below the market price.
As traders realized, they began buying these coins which could then be sold for ~5% more.
This likely cost the US millions of dollars, depending on how many coins were sold before the US Mint realized.
The precious metals rally has entered US government "arbitrage" mode.
Not even the US Mint saw this coming.
- Messages
- 1,833
- Reaction score
- 2,172
- Points
- 283
Not really that insane. They probably listed those when the metal was 200 lower and they would probably sit there for awhile because of the high premium. Now they are moving coins at a profit so not sure how they are losing money? Costco does the same thing. 2 weeks ago a family member bought an ounce of gold and 20 ounces of silver below spot at Costco. They will raise prices but they aren't in business to watch the price of metals all day long like coin stores.
What really insane is that coin retailers are still charging a premium at all. 2 or 4 weeks ago they were buying at 50 and now selling over 80? I understand they are making a killing selling the metal but the premium is just a bend you over without vaseline tax. Oh and at the same time they have greatly reduced buyback prices just as I said they would.
- Messages
- 1,833
- Reaction score
- 2,172
- Points
- 283
It was a great week for sure. 12 points in a 3 1/2 day week is impressive.
- Messages
- 19,404
- Reaction score
- 11,574
- Points
- 288
How do you “blow up” the world’s entire corrupt financial system?
The “City of London” is no longer the cabal capital of the world’s financial system.
If you are following the SILVER price, it’s telling you that everything has changed.
There are those who thought this could never happen.
They are the same people, who are saying, “nothing is happening” and they also have no clue that everything has changed.
And if you think that Wall Street, will forever remain the cabal “center” of the world’s stock markets, you are mistaken.
A “new” market is opening in Texas and it will transform markets.
Decentralization.
Competition.
Two important safeguards, that are ALREADY being implemented.
more at link
- Messages
- 1,833
- Reaction score
- 2,172
- Points
- 283
Wall Street is on vacation for 2 weeks so when they return I suspect a nice pullback. If China keeps bidding it up though then they may not get as big a pullback as they want. Interesting times for sure.
Coming within 2 weeks intraday.
Questions (not aimed at you GH of course):
- In what universe can Trump be credited for the silver squeeze?
- How does he correlate central bank actions as being system destructive?
- The Shanghai trades Xmas Eve, buying physical or paper?
- Also, what did they pay with? Or was it on the CCP credit card?
- Why is he talking about derivatives and not providing context as to how it relates to the silver squeeze?
Viking
Yellow Jacket
hernancortes
Fly on the Wall
- Messages
- 53
- Reaction score
- 80
- Points
- 98
The mint reprices their PM products weekly, platinum rose too fast, thats all that happened. Those 2024 coins had been sitting on their site over acyear, waiting to sell out.
10 years ago the policy was to reprice monthly if I recall.
10 years ago the policy was to reprice monthly if I recall.
- Messages
- 19,404
- Reaction score
- 11,574
- Points
- 288
-New admin means hands off the usual methods of controlling the market? HOWEVER there IS a silver shortage AND Reddit users have been regularly stacking for a decade and posting their stacks. I think they saw the same opportunity as Gamestop, only this time they hold it and Robinhood trading platform can't change the rules on them. That's just one facet among many.
-Central bank actions have brought us to this point in the system. Their charter is to maintain purchasing power of the dollar and full employment. Instead we have record unemployment and the devaluation of the dollar.
-Shanghai trades? Don't know.
-Don't know
-"Derivatives are financial weapons of mass destruction" Warren Buffet
the problem with derivatives is they're not regulated. Derivatives are contracts between two parties.
Bill Holter (Jim Sinclair) always ask "What is the value of a contract that can't perform?" If one side of the contract can't deliver silver what 'coverage' or remedy is there for the other side? NONE! Both sides lose.
Last I heard derivatives were in the quadrillions, as in four?
- Status