Sunday, May 5, 2024

A New Silver Whale?

by Ted Butler, Silver Seek:

Data published in the Commitments of Traders (COT) reports over the past four reporting weeks indicate a number of highly unusual changes in COMEX silver futures positioning. One such highly unusual change is the emergence of a big managed money trader on the short side, which appears to be holding a net short position of roughly 10,000 contracts (50 million oz) in COMEX silver futures contracts.

This large managed money short trader first appeared a few months back and after reducing its short position profitably on lower prices, has come back on the short side as aggressively as at previous peak short levels. There’s no way of knowing in advance whether this big managed money short will be able to buy back the current large short position on lower prices again, but fortunately we will come to learn that in future COT reports.

PLANET PONZI W/ MITCH FEIERSTEIN

from The Duran:

TRUTH LIVES on at https://sgtreport.tv/

USA LIFE EXPECTANCY DROPS FROM 79 TO 76

by Harvey Organ, Harvey Organ Blog:

GOLD CLOSED UP $5.15 TO $1919.60//SILVER CLOSED DOWN 9 CENTS TO $22.36//PLATINUM CONTINUES ITS DOWNFALL DROPPING $4.20 TO $922.05 WHILE PALLADIUM CLOSED DOWN $4.40 TO 1282.80//MUST READS FOR TODAY: MICHAEL MAHARREY OF SCHIFF GOLD// AND GORDON CHANG ON A NUCLEAR ARMED CUBA//THE TURKISH LIRA CONTINUES TO FALL, DROPPING INTO THE 25.20 RANGE//EUROPEAN AND USA PMI’S SLIDE//UKRAINE VS RUSSIA UPDATES: UKRAINE CROP OUTPUT DECLINES//COVID UPDATES: VERY IMPORTANT TO REPORT MASSIVE INCREASE IN CANCERS AS WELL AS TURBO CANCERS DUE TO VACCINE //USA LIFE EXPECTANCY DROPS FROM 79 TO 76//VACCINE UPDATES: DR PAUL ALEXANDER/SLAY NEWS/EVOL NEWS

United Arab Emirates buys 75 tons of physical gold from Russia as U.S. dollar loses grip on world reserve currency status

by Ethan Huff, Natural News:

In preparation for the imminent unpegging of the United States dollar as the world reserve currency, the United Arab Emirates (UAE) just purchased 75 tons of physical gold from Russia, marking the next step towards America’s soon obsolescence as the world’s money changer.

Drew Mason, Managing Partner of St. Joseph Partners, told LifeSiteNews in a recent interview on “The John-Henry Westen Show” that not just the UAE but also many other countries around the world are divesting from the U.S. dollar and replacing it with precious metals that actually hold value.

RAFI FARBER: UNPRECEDENTED MOVEMENT IN COMEX SILVER VAULTS THIS WEEK

from Arcadia Economics:

TRUTH LIVES on at https://sgtreport.tv/

CHINA NEEDS A BAILOUT OF $13 BILLION EQUIVALENT FOR ITS PROPERTY BANKING BUSINESS TO BAIL OUT LOCAL BANKS

by Harvey Organ, Harvey Organ Blog:

GOLD CLOSED UP $16.80 TO $1926.75//SILVER WAS UP $42 CENTS TO $23.11//PLATINUM WAS UP $8.30 TO $915.30//PALLADIUM WAS UP $8.05 TO $1253.45//EXCELLENT COMMENTARY TODAY FROM ALSDAIR MACLEOD//CHINA NEEDS A BAILOUT OF $13 BILLION EQUIVALENT FOR ITS PROPERTY BANKING BUSINESS TO BAIL OUT LOCAL BANKS//MORE UPDATES ON FRANCE AS THEIR GUN CONTROL IS INEFFECTIVE IN STOPPING THE VIOLANCE//COVID/VACCINE UPDATES/DR PAUL ALEXANDER/SLAY NEWS/THE JOBS REPORT WAS A BUST TODAY AS EXPECTED AND THAT REVERSED OUR PRECIOUS METALS NORTHBOUND AGAIN//MORE UPDATES ON THE USA JUDGE BLOCKING CENSORSHIP FROM GOVERNMENT

GoldSeek Radio Nugget — Alasdair MaCleod:

from GoldSeek Radio:

TRUTH LIVES on at https://sgtreport.tv/

Silver Supply Inadequate Amid Monstrous Industrial & Investment Demand

by Jon Forrest Little, Silver Seek:

The G7 leaders say they are committed to reaching so-called “net zero” emissions by 2050 after halving global emissions by 2030.

The initiative has many buzz phrases such as building a “just and inclusive” clean energy economy. The plan vilifies fossil fuels and glorifies “green energy” with sweeping statements asking “stakeholders to improve their ESG performance.”

But most of us are confused by what this all means.

BIG NEWS OF THE DAY FROM BRICS: SAUDI ARABIA AND OTHER GULF NATIONS WILL JOIN IN JAN 2024 OF WHICH ENDS THE PETRO DOLLAR SCHEME AND THE NEW PETRO YUAN WILL BEGIN

by Harvey Organ, Harvey Organ Blog:

GOLD CLOSED UP $0.65 TO $1919.25//SILVER CLOSED DOWN $0.16 TO $24.18//PLATINUM CLOSED UP $4.60 TO $940.30//PALLADIUM CLOSED DOWN $42.60 TO $1236.70//BIG NEWS OF THE DAY FROM BRICS: SAUDI ARABIA AND OTHER GULF NATIONS WILL JOIN IN JAN 2024 OF WHICH ENDS THE PETRO DOLLAR SCHEME AND THE NEW PETRO YUAN WILL BEGIN//UKRAINE VS RUSSIA UPDATES//TURKEY RAISES ITS INTEREST RATE TO 25% AND THAT SENDS THE LIRA NORTHBOUND//COVID UPDATES/VACCINE UPDATES//SLAY NEWS//NEWS ADDICTS/EWOL NEWS//USA BANKRUPTCIES ON THE RISE//THE FOLLOWING RETAILERS CRUMBLE: DOLLAR TREE//T- MOBILE/

Bob Kudla – Banks Are In Trouble, Bitcoin & Gold Can’t Be Stopped, Economic Truths

from X22 Report:

TRUTH LIVES on at https://sgtreport.tv/

HUGE AMOUNT OF FUNDS LEAVING BANK DEPOSITS AND ENTERING THE MONEY MARKET FUNDS

by Harvey Organ, Harvey Organ Blog:

GOLD CLOSED DOWN MARGINALLY TO THE TUNE OF $0.40 AFTER BEING WHACKED THROUGHOUT THE NIGHT: GOLD CLOSED DOWN $0.40 TO $2014.75//SILVER WAS DOWN 26 CENTS TO $23.97//PLATINUM WAS DOWN $35.85 TO $1061.25 WHILE PALLADIUM WAS DOWN $39.70 TO $1518.70//IMPORTANT COMMENTARY TO READ OVER THE WEEKEND: ALASDAIR MACLEOD/IMPORT VIDEO TO SEE ANDREW MAGUIRE INTERVIEWING DAVID TICE//COVID UPDATES: DR PAUL ALEXANDER/VACCINE IMPACT/EVOL NEWS/SLAY NEWS//UPDATE ON THE DEBT CEILING//H4 NEWS ON THE HUGE AMOUNT OF FUNDS LEAVING BANK DEPOSITS AND ENTERING THE MONEY MARKET FUNDS//HUGE UPDATES ON THE IMMIGRATION CRISIS FACING THE USA