2026 Lunatic Fringe - Market and Trade Chat

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Bill’s Commentary:

”Very informative and correct by Steve St. Angelo. I would only add; be careful what you wish for, $300-500 silver will go hand in hand with a derivatives meltdown…in which case you will need your silver to be transactional in a world we cannot even imagine…yet!”

What Happens With 300 To 500 Silver Prices​

I am hearing a lot of talk about the silver price surging to $300-$500 by the end of the summer.
It seems that many silver investors are waiting for these prices to CASH IN BIG TIME. But could they?

Wholesalers would still be buying and selling to industry.
 
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.

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.
 


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.
 
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