2025 Lunatic Fringe - Market and Trade Chat

I just bought more, paid US$67.50/oz

I did not panic, but I was certainly surprised. I thought slammy was pretty week on Friday, but when the market opened and I saw the slam of a lifetime, I was shocked. But I have seen so many episodes of silver "Operation: scare the hell out of the retail investor" in decades past.

Was it the sudden change in margin requirements and the margin calls that caused this? Or did the traders use a short selling angle? I figured that their manipulation was surely coming to an end.

It is old news that China is buying directly from miners, but it seems that this might be relevant news to the current situation. What China buys directly is not available to the traditional markets. And maybe that is adding to the squeeze.

I wonder how much paper they had to use to push it down like that...?

Goldhedge said:

I wonder how much paper they had to use to push it down like that...?

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All of it

Gold and silver both down from yesterday's close in overnight trading in China.

Silver holds above $80/ozt and maintains a huge ~$5/ozt premium over LBMA spot. Backwardation ends as SFE (futures) is now slightly higher than SGE (spot). The SFE silver vault reports a huge outflow.

Gold continues to trade with just a slight discount to LBMA spot.

Goldhedge said:

I wonder how much paper they had to use to push it down like that...?

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no paper required. Just make a call o their buddies to raise margin requirements and they get what they wanted for free.

Goldhedge said:

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Here in America that guy goes out with a candy bar and bar of silver and asks people which one they want. They take the candy bar every time. LOL.

Yea, whether we like it or not it appears the center of commerce is heading East. Because we just became too damn stupid.

Cigarlover said:

Here in America that guy goes out with a candy bar and bar of silver and asks people which one they want. They take the candy bar every time. LOL.

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The absolute best one of those videos I saw had a lady that asked the right question.... Is it REAL?


And many Lols later it turns out she wanted to know if the chocolate was real.

History in the making. Gold & silver rising because war is on the horizon...
Capital controls are on the horizon with digital controls.
Listen at 1.75X speed.

'Panic Cycle' Coming in 2026 - 'It's Europe's Turn' to COLLAPSE: Martin Armstrong​

58

I think they can't have end of year marks this high. Because they sorta kinda gotta to settle the books at year-end.

Ya know, its freaking retarded that they don't just do Margin as a % of the contract value. But I suppose they can't play these stupid games as easily that way.

Its completely ineffective when everyone knows there are companies wanted/needing delivery right now and offering large premiums to your fake Mr Slammy prices.

So if actual metal is still dwarfed by paper silver, how does one explain the relative "stability" of the current spot price (well going by Kitco)?

Edit: I'll take that back, that was a 5% smackdown in the past 15 mins

pmbug said:

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PANIC !

Yet the USD price smackdown continues. Something far more insidious is at play here, over and above the paper metal shitshow.

Goldhedge said:

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JustDario is confused by many things. He does not understand the silver market at all. Silver margins are not 30% and his posts about CME delivery notices are cartoonishly wrong. He's been repeatedly corrected on the latter point (by many people) and either cannot listen (ego/pride/hubris) or is too dumb to understand (I don't think he is dumb).

Gold and silver both down from yesterday's close in overnight trading in China.

Silver maintains a $3 to $4 premium to LBMA spot while barely holding on to a contango with SFE futures > SGE spot. In spite of the contango and premium to LBMA spot, the SFE silver vault reports another outflow and the SGE silver vault reports a net outflow for last week.

Gold continues to track the LBMA spot generally with a slight discount.

In 3 weeks the prices went from 50-84 an oz. Now back to the low 70's and it's all manipulation.
Up over 150% at one point for the year and it's being manipulated?

There is a world where traders run the price of an asset up and down too.

Never got to 100 so I didn't sell anything. I will be a buyer when we get back around 50 though. Probably in the next 2-3 weeks.

There are no real prices in these markets. Its all so manipulated and controlled and fake. So just keep that in mind. When things break its not smooth and expected, its chaotic.

Ahhahahhaha, die Crimex. Lol. Miners are now selling directly and paying little attention to your prices. At least any CEO worth his salt would be doing such things.

Speaking of, miners are actually looking green already today with that attempted hit job.

This was interesting. Economic miracles

How the Nazis created an economic miracle​

SOURCES: I've linked my sources in the blog that goes along with this video. Links are in the text. https://www.moneymacro.rocks/2025-09-...

Timestamps:
00:00 Intro
01:47 The economic miracle that killed millions
09:53 how did Schacht stop German hyperinflation?
15:02 Hitler and Schacht
19:23 The Neuer plan
20:59 Schacht’s plan
31:48 The fall of Schacht
37:47 Conclusion + Sponsor

Urgent: Silver’s Violent 10% Crash - “I’ve Seen This Before, Here’s What’s Next” David Morgan​

"Silver will scare you out or wear you out." – David Morgan. As silver rockets toward $84 before a sharp pullback, legendary silver expert David Morgan cuts through the noise in this critical year-end interview. He warns that emotional trading and misinformation are fueling extreme volatility, but the real bull run isn't over yet. Morgan reveals his disciplined exit strategy to avoid a devastating "round-trip" back to lower prices and explains why physical premiums in Asia tell a different story than paper markets in the West. With China imposing export controls and refiners scrambling for supply, the structural squeeze is real, but so is the need for a clear-headed plan. This isn't just a metals rally; it's a warning shot in the broader collapse of trust in fiat systems and a frantic global search for tangible value.

Chapters:
00:00 – Factors behind the silver rally
05:48 – "Silver will scare you out or wear you out."
10:21 – Where the silver price head towards?
13:44 – Navigating misinformation: the case of "AI Guy"
16:32 – CME margin hikes & price smackdowns
18:17 – Shanghai high physical silver premium signals tightening supply
21:08 – Effects on China's new silver export restrictions

SILVER TODAY​

“Silver will scare you out or wear you out.”

After a high of just under $50 US per ounce in the 1980s, silver stayed down at about $5 per ounce for twenty years.

That’s enough to wear you out.

But silver also makes big moves very quickly and exceed the expectations of the most ardent bull at times.

Then the metal does what it just did, which is to drop quickly from $84 in the general access market (through futures contracts, physical bullion, ETFs or OTC dealing), down about $10 per ounce in less than a day, before the market opening in New York.

The quick drop isn’t surprising because silver got ahead of itself.

We’ve had massive moves up recently, so it’s natural in all markets to see this back and forth at some point.

As the market is rising, there will be pull backs that shake people to sell, until there are a few who hold for the whole ride up to the very top price.

David is fairly certain we haven’t seen the ultimate peak in silver yet.

more:

2026 continued in new thread: