Game Over (Game On?) for Financial Markets?

wild week. silver should get over $100 inside the month, maybe even this week. Gold might go above $5k this month but definitely by end of Feb.

gold less than $90 away from $5k. wild.

looks like it’ll hit that within the month… probably by monday

gld

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SocGen (some Euro bank?) says that since gold hit $5k already they see $6k coming this year and that this could be a very conservative estimate.

Gold and Silver are having a blow out record day and nothing on Canadian business news about it… odd.

Well that (de)escalated quickly.

Still up a shit ton over the last quarter but that 30% drop was wild

Man, if only I had $5,000!

necessary pullback.

i never put anything into bullion, just the gold miners so no issues for me. there are a couple silver miners i’d like to add and they pulled back nicely so i actually hope silver stays down for a couple weeks.

Shanghai is still trading physical silver over $100 usd when it’s $80 over here.

Wild times. Not sure you could get a better view into paper market manipulation than what’s going on right now.

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https://www.reuters.com/business/finance/vance-says-us-will-establish-price-floor-system-critical-minerals-2026-02-04/

so they’re going to set price floors for various critical minerals.

list is here: