Tuesday, June 16, 2026

Chinese and U.S. markets both closed Sunday/Monday. Silver futures fall $3 in under two minutes just after the Sunday reopen.

Fascinating to watch the paper silver slamsters do their work.

JUST IN – Silver soars to record breaking $60 per ounce.

CNBC really goes to town with a full TWO paragraphs on this momentous occasion!!

The Big 8 Commercial Shorts Continue to Cover

by Ed Steer, Silver Seek:

The gold price was sold unevenly lower in early Globex trading in New York on Thursday evening — and that lasted until around 10:40 a.m. China Standard Time on their Friday morning. It then had a broad up/down move that ended minutes before 10 a.m. in London — and its ensuing rally ran into ‘da boyz’ a minute or so after 10:30 a.m. in New York. It was then sold/engineered two steps lower until the market closed at 5:00 p.m. EDT.

The low and high ticks in silver were recorded as $4,752.70 and $4,820.00 in the June contract…an intraday move of $67.30 an ounce. The April/June price spread differential in gold at the close in New York yesterday was $25.50… June/August was $37.20…August/October was $35.30 — and October/ December was $36.50 an ounce.