Silver just logged its second-highest quarterly close in history—only 2011 was higher. More significantly, this was the highest *half-year* close on record. Suppressed markets don’t usually allow this. Macro funds that chased gold’s record annual close may now eye silver next. A post-holiday surge remains a live possibility.Elsewhere, gold dodged shorts, with bulls needing a 50DMA reclaim by midweek to lock in control. Silver holds firm. Platinum weakens. DX teeters on key support—watch closely.
i was buying silver and silver miners as a hedge to my long gold position (which i do still believe in💯)
but lately i’ve been feeling more aggressive about silver—even adding to my positions in pslv, ag & paas. last week. you always like to day that silver buying is funded by by gold selling. but i no longer think gold selling is a necessary condition for silver buying right now. call me crazy—& of course this may just be a short term thing…
Looks like my GVZ bottom correlary with march bottom may work out. If true then gold can reach well over $3500 before GVZ hits 28-29 again. Obvious china buying and plat is backwardated once again. Comex and CTA’s shorting must be at behest of US Treasury or China to keep gold down to prevent panic buying just like CME was used by CIA under Reagan to drive oil into the dirt to crush russia and CFTC allowing moron non bonifides to bid oil up to $150. Commercial trading should ONLY be used for COMMERCE! Anything else is just raping the economy
thanks @vbl
agree💯with your silver call
very interesting technically at 1/2 year end.
i was buying silver and silver miners as a hedge to my long gold position (which i do still believe in💯)
but lately i’ve been feeling more aggressive about silver—even adding to my positions in pslv, ag & paas. last week. you always like to day that silver buying is funded by by gold selling. but i no longer think gold selling is a necessary condition for silver buying right now. call me crazy—& of course this may just be a short term thing…
I’ll bet VBL has had this one in the queue for a few weeks 🔥
See you in July macro D ..?
Looks like my GVZ bottom correlary with march bottom may work out. If true then gold can reach well over $3500 before GVZ hits 28-29 again. Obvious china buying and plat is backwardated once again. Comex and CTA’s shorting must be at behest of US Treasury or China to keep gold down to prevent panic buying just like CME was used by CIA under Reagan to drive oil into the dirt to crush russia and CFTC allowing moron non bonifides to bid oil up to $150. Commercial trading should ONLY be used for COMMERCE! Anything else is just raping the economy
Everyone really needs to be focusing on the miners and the Lassonde curve chart
are we back to selling silver to buy gold again ??? silver had a strong day and sold off quite a bit as gold was bought ? i think ???
Just getting started
https://x.com/LukeGromen/status/1939840640797614432
Starting to have fantasies of $45 silver in July. The DXY already broke your line Vince!