Correct on all 4. Sorry - I forget that people don't always know what I'm referring to with the acronyms.

dualstow wrote: ↑Sun Jan 04, 2026 1:22 pmI wonder where the banks would hold the reserves. ...

In a vault (like COMEX or LBMA most likely)

I posit that China will promote gold held at the SGE as an HQLA before the BIS/Basel Committee ever does.

FYI - The LBMA has been lobbying the BIS on the HQLA issue for a long time (unsuccessfully).

https://www.lbma.org.uk/articles/gold-a ... nformation

dualstow wrote: ↑Tue Dec 23, 2025 8:20 am70

Cute. That was so 3 days ago.

I think silver will hit $200 in the near future as the vault stock at the LBMA is near critical levels and we will see a supply shock eventually. I don't know if that happens within 6 months or not, but I wouldn't be surprised if it does. If you aren't watching the story play out with dwindling vaul...

Michael Oliver says $200 silver within 6 months. He also says he is not a lunatic.

I Shrugged wrote: ↑Mon Dec 01, 2025 6:45 pm What's driving silver now?

Impending supply shock as the LBMA's (now mostly the COMEX's) silver ocean continues to evaporate.

seajay wrote: ↑Fri Oct 24, 2025 8:37 amNeither fiat or gold standards are ideal, both have flaws, ...

Governments suffer fiscal restraints under gold standards / sound money.

People suffer stealth wealth theft via inflation under fiat currency systems.

The choice seems easy to me.

pmbug wrote: ↑Sun Jan 05, 2025 10:10 am I expect gold to trade past $3k in 2025 unless there is a catalyst for great upheaval (World War III, global financial crisis, etc.).

Mission accomplished.

pmbug wrote: ↑Wed Oct 01, 2025 8:22 am ...
When silver breaks $50, it is likely going to really rip.

It's just getting started.

dualstow wrote: ↑Wed Oct 08, 2025 6:55 am ... No more paper gold for me.

Straight bullion homey

Dealers are going to take a vig on the spread. It's the price you pay for a professional, no worries deal. You can try your luck with a person to person sale if you want to maximize your sale price. I have not used them, but there is a fairly new peer to peer marketplace that is actively promoting i...

Flirted with 48 earlier. China is on holiday for a week and I was hoping for a dip sale this weekend, but with the US govt shutdown, it looks like the metals are catching some demand in the West. Timing is everything I guess.

When silver breaks $50, it is likely going to really rip.

China has their Golden Week holiday from Oct 1-8. The SGE/SFE will be closed. Gold historically dips during this week and then reverts. It could be a good buying opportunity. ... Looks like the dipping began as soon as Chinese markets closed (last night for me). We'll see if gold and silver find su...

China has their Golden Week holiday from Oct 1-8. The SGE/SFE will be closed. Gold historically dips during this week and then reverts. It could be a good buying opportunity.

$45 this morning. I believe that the spike this morning may be related to a huge copper mine in Indonesia shutting down due to a massive mud slide: https://invezz.com/news/2025/09/25/copper-prices-soar-as-grasberg-mine-disaster-hits-supply/ It's a copper mine, but it also produces around a couple hu...

Anecdotal reports that I've been seeing indicate that metals dealers are just starting to see retail buying for gold again. I think premiums will rise (for both buying and selling) in the near future (in a few months). $.02 FWIW.

Example:

Been reading comments from other pundits/analysts that say similar things. Silver looking like it is ripe for a squeeze like Nickel had recently. Not much resistance left after $50. etc.

Back in December/January, when the first round of Trump tariff fears hit the market (before it was clarified that gold and silver bullion were to exempt), EFP spreads blew out and metal flowed heavily from London to New York. Tariff fears (and EFP spreads) eased on April 2 when exemption policy was...

JPow appears to have punched the local ceiling in gold and silver with his dovish speech at Jackson Hole this morning.

dualstow wrote: ↑Thu Aug 14, 2025 8:18 am What is depicted on the yellow cap, by the way?

https://en.wikipedia.org/wiki/Don't_Tread_on_Me

https://en.wikipedia.org/wiki/Gadsden_flag

Donald Trump will issue an executive order “clarifying” the US’s stance on gold bar tariffs, after a ruling that a widely-traded form of the precious metal is subject to levies sent shockwaves through the bullion market. “The White House intends to issue an executive order in the near future clarif...

The US has slapped tariffs on imports of one-kilo gold bars, in a move that threatens to upend the global bullion market and deal a fresh blow to Switzerland, the world’s largest refining hub. The Customs Border Protection agency said one-kilo and 100-ounce gold bars should be classified under a cu...