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User's avatar
VBL's avatar

Metal Wars [UNLOCKED]

0:00- Intro/mkts

2:00- Gold vs BTC

4:45- Title Story Intro

5:25- Clip- How Deliveries get delayed

8:22- Chinese Hunt Brother

9:30- Comex Being Tested

11:00 JPM Reclassifies Metal

12:45- China/US Metal War (h/t Josh Phair)

15:09- Key Observation- (h/t Bob Coleman)

16:39- Barrick IPO

17:55- UBS Silver Target Raise

18:25- Silver Carry Trade Blows up

23:50- Gold is Resetting Silver

Jay's avatar

as for the UBS $65 silver target for 2026, I do recall these banks looking radical a year ago for calling for 38, 40, 45....wonder what their internal targets are for Gold and silver!

I will never forget seeing a few Goldman pieces of research labeled "for internal use only" and for prop use only never to clients. Tokyo crash, GFC crash, and the like....

Paul's avatar

I think this is the most important post on gold and silver I have ever seen. I’ve been in metal for 15 years. Been along time. Got to the point last year that maybe I made a mistake. Guess not :>

Dio NYC's avatar

Thanks for the Maneco64 post.

Craig's avatar

Thanks Vince. Read the post about UBS forecast. Can't wait for their next round of gutsy predictions - buy gold on the dips between $2500-$2700; Florida Panthers to win back to back Stanley Cups; Russia invades Ukraine. They are really ahead of the curve.

Derff's avatar

I appreciate the explanations you give

MJ's avatar

Thanks Vince for the detailed explanations . So is JPM "in danger" because of their short positions.... or is it too soon to say....

Sirian Traveller's avatar

Thanks for sharing your thoughts and speculations, Vince. Really appreciated the narratives before explaining the events, which gave a more complete sense of the markets and the changes that continue to wow us.