by Harvey Organ, Harvey Organ Blog:
GOLD CLOSED UP $5.50 TO $2026.00//SILVER CLOSED DOWN $0.09 TO $23,77//PLATINUM CLOSED DOWN $11.10 TO $961.90 WHILE PALLADIUM CLOSED UP $70.90 TO $1182.80/MUST VIEW PODCAST: ANDREW MAGUIRE LIVE FROM THE VAULT//ISRAELI VS HAMAS WAR UPDATES//COVID UPDATES/DR PAUL ALEXANDER/SLAY NEWS ETC//SWAMP STORIES FOR YOU TONIGHT
by Ted Butler, Silver Seek:
We have now reached the point in silver (and gold) where it is difficult for me to see how prices don’t quickly explode. Everything I look at, from a physical supply/demand perspective to the paper positioning set up on the COMEX, tells me we are at the point where only an upward price surge makes any sense. Yes, I am well-aware of the thoroughly corrupt behavior of the collusive commercials on the COMEX and how their manipulative success over the past 40 years makes it nearly impossible to pinpoint in advance the exact moment such a long-term scam and fraud will come to an end – but recent developments scream out to me that the manipulation’s end is at hand.
by Chris Powell, Gold Seek:
If mainstream financial news organizations ever work up the courage to report honestly about monetary gold, the commanding heights of the issue will have been mapped out for them by U.S. Rep. Alex X. Mooney, R-West Virginia.
After all, where can investigative journalism start better than with questions that already have been shown to be too politically sensitive for the highest government officials to answer, even when a member of Congress is asking?
Thanks to Mooney, in 2020 the U.S. Commodity Futures Trading Commission was shown refusing to answer whether it has jurisdiction over manipulative trading in the commodity futures markets when such trading is undertaken by or at the behest of the U.S. government:
by Craig Hemke, Sprott Money:
An easily-predictable short squeeze has lifted COMEX precious metal prices off their recent floor. Equally predictable is the current rush to proclaim that new highs for 2024 will soon be forthcoming.
Let’s start with the latest Spec short squeeze. How can I say it was easily predictable? Below are X posts from yours truly on February 6 with follow up on February 9:
by Turd Ferguson, TF Metals Report:
by Craig Hemke, Sprott Money:
Watch Craig Hemke from Sprott Money and Chris Marcus from Arcadia Economics on the “Monthly Wrap-Up” podcast for a quick dive into the latest in precious metals. Get insights on soaring gold and silver prices, Federal Reserve policies, and global tensions, plus expert tips for navigating the market. Tune in now for your monthly dose of valuable analysis!
