2025 Lunatic Fringe - Market and Trade Chat
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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.
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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
Cigarlover
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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.
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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.
Cigarlover
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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.
Cigarlover
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It was a great week for sure. 12 points in a 3 1/2 day week is impressive.
