2026 Lunatic Fringe - Market and Trade Chat

[68camaro]

Kitco Interview with Eric Sprott

This interview with Eric Sprott includes:


"The Indian government came out and said, yeah, we're gonna mandate that mutual funds and ETFs in India can now own up to 35% of their assets in gold and silver," Sprott explained. "And this pool of assets is 385 billion".

This regulatory change formally creates a massive new pipeline for institutional demand in India, opening up the country's $385 billion actively managed stock fund sector to precious metals.

Furthermore, SEBI has officially decoupled its valuation framework from Western benchmarks. Starting April 1, 2026, Indian mutual funds will be mandated to value physical gold and silver using domestic polled spot prices published by recognized local stock exchanges, marking a definitive shift away from the London Bullion Market Association (LBMA) pricing standard.

This move perfectly aligns with Sprott's assessment that the country plans to circumvent Western exchanges entirely. "We are not going to price off of the LBMA or the Comex," Sprott noted. "We don't want to, we're going to use prices established in India."

 

[nickndfl]

Kitco Interview with Eric Sprott

This interview with Eric Sprott includes:


"The Indian government came out and said, yeah, we're gonna mandate that mutual funds and ETFs in India can now own up to 35% of their assets in gold and silver," Sprott explained. "And this pool of assets is 385 billion".

This regulatory change formally creates a massive new pipeline for institutional demand in India, opening up the country's $385 billion actively managed stock fund sector to precious metals.

Furthermore, SEBI has officially decoupled its valuation framework from Western benchmarks. Starting April 1, 2026, Indian mutual funds will be mandated to value physical gold and silver using domestic polled spot prices published by recognized local stock exchanges, marking a definitive shift away from the London Bullion Market Association (LBMA) pricing standard.

This move perfectly aligns with Sprott's assessment that the country plans to circumvent Western exchanges entirely. "We are not going to price off of the LBMA or the Comex," Sprott noted. "We don't want to, we're going to use prices established in India."

In addition, most of the stocks available for sale trade in NY and Toronto. Analysts were saying the PM market is so small that just a few points redirected from mainstream stocks to PM stocks and physical bullion will cause prices to rise significantly.

 

[Viking]

eroding the confidence... in the CME - if you don't hold it, you don't own it!

Gold & Silver Trading Halted: They’re Playing Very Dangerous Game | Andy Schectman & Michelle Makori​

Michelle Makori, President & Editor-in-Chief, Miles Franklin Media, speaks with Andy Schectman, Founder & CEO of Miles Franklin Precious Metals, about the sudden CME gas & metals trading halt, massive silver withdrawals, Mexico silver supply risks, and whether silver is quietly becoming a national security asset.

After silver broke above $90, the CME halted trading, citing “technical issues”. Andy says, “These games… are greatly eroding confidence in the Comex.” He warns that “the moment the market believes there isn’t enough metal… it unwinds violently.”

In this episode of The Real Story, they break down:

• The CME “technical issue” and what happened at $90 silver
• Millions of ounces leaving COMEX – where is it going?
• February open interest and delivery stress
• Mexico cartel violence and global silver supply risk
• Project Vault and potential U.S. strategic silver stockpiling
• Gold replacing U.S. Treasuries as central banks lose trust
• What a violent unwind in metals would actually mean

One of the comments was

@soun6589​

18 hours ago
"They never seem to glitch when the price craters."