Just think of the markets and some big money trying to steal as much money as possible from the casino. You'll understand its moves much better.
2026 Lunatic Fringe - Market and Trade Chat
- Thread starter pmbug
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It's Starting! The gold price is exploding. Treasury announcement. All eyes are now on Sept 15th.
This afternoon the gold price jumped over $100 in 90 minutes.The rise came immediately after the US Treasury released an announcement on its website.
In the space of six days Treasury has doubled how often it buys long bonds, and then doubled how much it can buy each time.
The Fed is standing still. The Federal Reserve is not riding to the rescue. On 13 August, the New York Fed announced it would buy nothing at all between 14 August and 14 September.
The logical next step is fuller yield curve control, and that requires the Fed.
Gold is anticipating what the Fed will do. September 15th Could be the day to watch gold.
It may help briefly, but bonds and Stonks have been increasingly Correlated. I think both crash and burn this time. Oops.
China's SGE has been running at a discount to LBMA spot for the last few days. I have to wonder if that is encouraging an arbitrage trade for bullion banks to buy LBMA gold and ship it to China.
Looks like they are now seeing problems in Zinc supplies as well as it soars into backwardation. This is especially important for Silver because many of the largest Silver mines are Ag-Pb-Zn ores. So if they are having trouble with Zinc output then silver is gonna be there too.
www.zerohedge.com
HSBC Warns Global Zinc Market Is Flashing Signs Of Tightness <!-- --> | ZeroHedge
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
www.zerohedge.com