2026 Lunatic Fringe - Market and Trade Chat

[Goldhedge]

What's going on with DelMonte folks??

Del Monte filed Chapter 11 in July 2025, leading to closure of its Modesto and Hughson plants in April 2026 and about $550 million in potential losses for growers reliant on the processor.

 

[Someone_else]

^^^ I am sure there is someone in Modesto who knows how to make fruity wine.

 

[Goldhedge]

 

[nickndfl]

What's going on with DelMonte folks??

Del Monte filed Chapter 11 in July 2025, leading to closure of its Modesto and Hughson plants in April 2026 and about $550 million in potential losses for growers reliant on the processor.

 

[pmbug]

 

[Goldhedge]

Bill’s Commentary:​

“Interesting to say the least!”

 

[pmbug]

I see a lot of pundits/chartists on X saying $78 is/was a critical price level for silver today. Breaking through $78 is technically significant for bullish upside. I'm not a chartist, but what I'm seeing with vault stock movements tells me we are close to a bottom.

 

[Voodoo]

I think Claude did a good video that aligns with my thinking today on Silver chart.

 

[Ttazzman]

I see a lot of pundits/chartists on X saying $78 is/was a critical price level for silver today. Breaking through $78 is technically significant for bullish upside. I'm not a chartist, but what I'm seeing with vault stock movements tells me we are close to a bottom.

i am used to seeing a significant bottom peak blowoff (just like a top blowoff) before you get sharp upswings, which i havent really seen here yet, maybe the initial big drop covers that, hopefully this is a consolidation and climb action, but i am not convinced yet as we haven't threatened the 200dma yet

 

[Ttazzman]

I think Claude did a good video that aligns with my thinking today on Silver chart.

....used to follow him for years, kinda lost track of him the last 5+yrs, thx for the post it let me subscribe to his youtube feed.....he in the past had a good track record doing chart analyses