They have lost their grip, with the Chinese SGE , which deals only in physical, not paper, is now controlling the PM prices.
Hint: the SGE was trading Silver at $4 plus per ounce higher than the US Comex last week….which has already put physical Silver at all times high , it broke $50 on the Chinese SGE. it’s rocket time and will hopefully wipe out the corrupted US bullion banks that have been shorting for decades….
…expect some “ news” about the US banking industry shortly.
I don’t know where the bulls are but I have seen their droppings. I
FALSE
It not the highest, when adjusted for inflation.
https://www.macrotrends.net/1470/historical-silver-prices-100-year-chart
Look at the 2nd graph down.
I notice that your troll stalker never deals in useful information:
https://discoveryalert.com.au/news/shanghai-gold-exchange-global-trading-2025/
Gold is real.
The Federal Reserve note is fake.
Many things have contributed to the increase in gold and silver this year. Such as:
1. Instability in the world, predominantly in Russia/Ukraine and Mideast.
2. Concerns about worldwide immigrations and US taking a hard line by putting a stop to it.
3. Decline in value of dollar index since Jan 2025 of about 15%.
4. Governments worldwide spending more than they take in revenue.
5. Governments and people buying and keeping gold and silver as a source of value.
6. In short term the markets can have squeezes and those who have shorted gold and silver this year were generally the losers.
7. Gold is at an all-time high so shorting the market is tempting.
8. Silver is $2.00 from its previous highs of $50 achieved twice. So the holders of silver will be tempted to sell and $50 is a relatively place to short silver.
Enjoy the ride. It has been a great year for the gold and silver bulls.
The so-called ‘market’ cannot continue a meteoric rise on artificial wealth creation.
I heard a local ‘expert’ on the radio who in the same breath transitioned from discussion where he bemoaned the loss of medical subsidies - as to its effect upon the markets - into discussion about real money, i.e., the fruits of investments.
It was rather surreal, and I had rather biting words in my email to the station.