2026 Lunatic Fringe - Market and Trade Chat

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Wholesalers would still be buying and selling to industry.
 
Voodoo said:
Metals were sat on pretty good today and are flat to down. However, the mining stocks started going up for no apparent reason. I think Silver has a very good day tomorrow. Just my WAG.
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Back up a buck since this already. Lets see what happens tonight. The 7pm CST Mr Slammy is annoying.
 
Kitco has the wrong #s. Au & Ag have been managed by the central planners. If they ever let it run it would be a repeat of Nov 2025 to Jan 2026.
 
We will only know what market value is when the futures and options and all the other derivatives are dead. Then we might find out what a real market looks like.
 
learned that India is trying to hold off purchasing gold for next 12 months, it may cause short term weakness but if oil drops if the war ends, India will be left buying at higher prices
 

SILVER - Large open interest in July. Why silver loooks like a "Buy". 20 Large silver miners named​

Silver is entering the sixth year of supply deficit. The price probably needs to go higher to meet that deficit. Gopolitical uncertainty in increasing investor concerns. Investment flows could drive explosive moves.
 

Gold Silver and Copper correction Downside targets​

Gold, silver and copper are entering a critical correction phase after historic breakouts and parabolic rallies. In this video we analyze the latest charts from Clive Maund and identify the most important downside targets, support zones and technical warning signals now developing across the precious metals and commodities sector.

Gold appears to be breaking down from a multi-month corrective channel, with key support near $4500 under pressure and a possible decline toward the major $3500 support area if the correction deepens. The long-term 45-year Cup & Handle structure remains bullish, but the short and medium-term setup suggests further volatility before the next major advance.

Silver continues to consolidate after its explosive breakout from a giant 45-year Cup & Handle formation. The charts suggest silver could still experience another sharp decline toward the strong $50–$56 support zone before resuming its secular bull market. We also examine the bear flag structure, MACD momentum signals and the historic silver-to-gold ratio.

Copper remains technically strong relative to gold, but signs of exhaustion are beginning to appear near major resistance. If precious metals continue lower, copper could retrace toward lower channel support before another upside reversal develops.

The video also covers:
• Gold vs Silver ratio
• Silver vs Gold ratio
• S&P 500 and Nasdaq overbought conditions
• MACD and RSI momentum analysis
• Long-term Cup & Handle formations
• Key resistance and support levels
• Potential liquidity and market correction risks

Charts and analysis inspired by Clive Maund of CliveMaund.com
 
Same targets I posted awhile back. 50 needs to get retested. Once that happens the bull can continue.
When we hit 61 I will start to buy again. Physical and miners. For now I am just in a holding pattern for what I have and sitting on the sidelines with cash.
 
Bill’s Commentary:

“In the words of Jim Sinclair, what won’t go down, must go up…”

 
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Ruh roe... George has a bone to pick...


SPACEX IS COMPLETE GARBAGE

Run, don't walk from this train wreck.

The numbers are right there in the S-1 filing for anyone willing to look.

SHAME ON YOU ELON MUSK

YOU BELONG IN JAIL

SHAME ON YOU @SECGov and @SECPaulSAtkins for allowing this to proceed.

SHAME ON YOU MORGAN STANLEY and TED PICK

SHAME ON YOU GOLDMAN SACHS and DAVID SOLOMON

SHAME ON YOU Bank of America, Deutsche Bank, UBS, Citigroup, JPMorgan, Mizuho, RBC, Macquarie, Wells Fargo, Allen & Co, Needham, Raymond James, Stifel, Cantor Fitzgerald, Soc Gen, Mirae, Santander, ING, and BTG Pactual.

Have you no shame? Have you no decency? Have you no honor?

Or is it all about the fees?

And the index providers are making it even WORSE.

Nasdaq changed its rules so SpaceX auto-qualifies for the Nasdaq-100 after just 15 days of trading triggering up to $60 BILLION in forced buying from ETFs alone. S&P Dow Jones Indices is now consulting on whether to fast-track S&P 500 inclusion for unprofitable mega-cap IPOs of this scale.

To Adena Friedman at Nasdaq and Catherine Clay at S&P Dow Jones Indices:

You are about to force every retirement account in America to become EXIT LIQUIDITY for the most overpriced IPO in history.

This is a legally sanctioned wealth transfer from Main Street to Wall Street. The public will be badly injured and EVERY ONE of you knows it.

You all belong in jail for this.

David Solomon and Ted Pick, grow a pair and do the right thing and stop this epic travesty.

How are you able to sleep at night?

You and your firms are PATHETIC.
 
Musk is complete trash... Of course lots of people belong in jail but ...

Did you see where SpaceX had purchase of Lot of the shitty ass Tesla Trucks... hahah
 
Interesting data point


The world's central banks are PREPPING for the gold standard. They see what's coming.
They know Trump is going to revalue gold and audit Fort Knox.

They are stacking gold right now before the announcement.
 
Goldhedge said:
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That's NOT because no one is buying.... that is BECAUSE the mint Refused to make any. Lol You know better David.

SD shows this pretty well, random years are only $3 over spot. BUT 2026's are $11 over. These might become collectors items because they ain't making any more. Wow, Apmex Not following suit with random years are $88.55 or $14 over. Yikes.
 
Mexico drasticaĺly cut production of all libertads turning them into semi-numis.However, the US Mint is required by law to produce enough for demand. However,not everybody obeys the law.
 
Median home prices starting to tank nationally... 20% of economy

Michael Saylor Sells, While BTC Levels Signal Margin Call Territory; Gold to $10K - Ed Dowd​

Chapters:
00:00 Housing market overview
06:27 AI spent - where to go next?
09:22 SpaceX IPO
11:17 China slowdown
14:20 China moving away from USD
15:17 Japan yen carry trade
17:46 Bitcoin’s actions
21:03 Gold’s next move
 
How markets really move
If you want a behind the scenes look at world politics... give this a listen...

The Globalist Empire CRUMBLES As Spain Defects To Trump​

 
It feels like gold has found some footing. Can't make promises though
 

Trump rescues the markets again - but for how long?​

In this latest market update, Clive Maund examines the dramatic rebound across equities following renewed optimism surrounding geopolitical developments and comments from President Trump. But is this rally the start of a sustained advance, or merely another short-lived relief bounce within a broader correction?

This video analyzes:

The sharp recovery in the S&P 500 and Nasdaq following Trump’s latest announcements and market reaction.

Gold’s ongoing correction, with a look at key support levels, oversold RSI readings, declining momentum, and the potential for a near-term relief rally before a deeper test of strong support.

Gold miners (GDX) and the Gold Miners Bullish Percent Index, which have reached extremely pessimistic levels that often precede tradable rebounds.

Silver’s correction within its powerful long-term bull market, including support and resistance zones, momentum trends, and the larger bullish “Cup & Handle” breakout structure dating back decades.

Crude oil’s volatile reaction to shifting headlines, technical support and resistance levels, and why the longer-term outlook may remain constructive despite recent weakness.

Long-term historical charts for both gold and silver, highlighting why the secular bull market thesis remains intact despite current corrections.

The charts suggest that while sentiment has become extremely bearish in precious metals and mining stocks, conditions may be developing for a countertrend rally. At the same time, broader equity markets appear increasingly dependent on headline-driven optimism, raising important questions about the durability of the current advance.

Read the full article here:

 
Isn't this just Trumps weekly announcement of we have or are close to a deal?
 
Not sure I 'trust' Fox to report the deets on The Iran Deal... I'll wait til the govt releases it.
 

India’s Solar Capacity Set for 22% Annual Growth Through 2035​

India’s solar capacity is set to surge by 22% each year by 2035 as the data center boom will drive increased power consumption, a new report by Nuvama showed on Monday.

The consultancy estimates that India’s total power demand will rise by 6% every year over the next decade, “driven by economic growth, rising urbanisation, manufacturing expansion and increasing electrification across sectors,” according to the report cited by Indian news outlet ANI.

Solar growth will vastly outpace overall power demand as power-intensive data centers will drive 22% compound annual growth rate (CAGR) in solar energy capacity from 2026 to 2035, the report found.

India’s Solar Capacity Set for 22% Annual Growth Through 2035 | OilPrice.com

India’s solar capacity is projected to grow at a 22% annual rate through 2035, driven by rising electricity demand from data centers, green hydrogen production, urbanization, and industrial expansion.
oilprice.com
 
POG is bottom dragging like a boat anchor adrift in the wind.

 
Helicopter musings from compiling this morning's snapshot reports on gold and silver:

Prices in India (IBJA spot) on the rise. Silver back to a premium over LBMA in spite of onerous import duties. Gold discount to LBMA roughly cut in half this morning from the range it traded last week.
Immediate delivery demand in China on the rise with SGE spot > SFE futures for both gold & silver.
Western ETFs (both SLV/silver and GLD/gold) added vault stock. That's a hit to the LBMA's liquid free float vault stock.
COMEX withdrawals are pitifully low. The garden hose faucet is essentially closed for silver and just a trickle for gold. The LBMA isn't getting much support any more from the COMEX.

We aren't seeing it playing out with the LBMA prices (yet?), but the dynamics are all pointing towards more demand and less supply in London (especially with silver).
 
24/7 trading gold and silver to remove price manipulation?

Trump Just EXPOSED the Day/Night Market FRAUD Everyone Missed​

 
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