22 Comments
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Mark's avatar

Alasdair - looking forward to you covering silver in the update tommorow. On the quarter year chart it looks like an almost perfect cup-and-handle setup!

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Simon Gedye's avatar

Yes ....Exactly So ( Yet Again ) . You're on a role here Mark ....Three in a Row ..??

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Mark's avatar

Two in a row, everybody knows

At the green light you rev it on the red line!

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Simon Gedye's avatar

So the LBMA foresee's a potential Gold Price of $ 5,000 per ounce by 2026 - I can only assume that they neglected to say - " by January - February time of 2026 " . Whether this was a simple mistake or a deliberate ommission ( deliberate ) - who know's ..?? . What is abundantly clear though is that they seem incapable of reading the tea leaves in the same that you and a number of your " on the same page " luminaries do so well .

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Mitch's avatar

Aye, quite so Simon. They may well be incapable of reading the tea leaves but I'm sure they enjoyed their jolly to Kyoto. I wonder if the writing on the wall was any clearer over there 🤔

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Simon Gedye's avatar

Kyoto - should have been abundantly , but then people with their heads buried deep down in the sand , eyes shut & fingers in ears - are highly unlikely to be able to pick up on anything ..!¬!¬

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Conan's avatar

What percentage of portfolio should we allocate to gold and silver?

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Mark's avatar

100%

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Simon Gedye's avatar

Exactly So

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Simon Gedye's avatar

Anything & Everything That You Can't Afford to Lose hold in PHYSICAL Gold & Silver .

" Get Out Of The System " - Jim Sinclair & Bill Holter .

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Phil Graham's avatar

Hello Alasdair - Vince Lanci has reported in his substack Goldfix that there have been significant irregularities occurring in the reporting of Comex OI - I'd greatly appreciate your take on his analysis and its implications within the market - the analysis presented is that the big players are obscuring trades, hiding losses and generally misdirecting the market. Thank you...

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Mitch's avatar

That's exactly what Alasdair said in his report last weekend on KWN.

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RamaRao's avatar

Alasdair.. are'nt factors like currency debasement, un-payable debt, credit crisis, possible high inflation, fed cuts, short squeez , Closure of Dec futures positions etc are all priced in the spot / futures price...Is'nt the market forward looking...??

If yes, what else will drive prices up ?

will be thankful for your insights.. in your upcoming post

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Colin Rainier's avatar

Retail… being told by leading banks to put 20% of their retirement funds in precious metals… then finding there ain’t enough to go around.

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M C's avatar

when the Casino starts ripping of its own clients, they find another, honest place to play..

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nizar's avatar

Any time line for the stock market crash? Jan Feb March 26?

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Danf's avatar
8dEdited

There seems to be plenty of liquidity and endless ability to create liquidity. The market may not crash in USD terms or even decline very much. The Equities markets are now simply levers to support the Bond market. For US authorities, everything serves the bond markets.

But crash in gold terms ? Isn't that already happening, with gold up 100% in 2 or 3 years in USD terms.

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Phil Graham's avatar

Thanks - missed that one - good to know

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Gwant's avatar

Metals and miners are planned liquidity source for market crash.

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R007's avatar

If there is any planning going on in matters like this, it would be to save financial institutions like the big banks. To give themselves options in case of this or that happening, via derivatives. Yet there is no big institution today, not even a Central Bank, clearly and visibly and fully hedging its bets on the dollar system of fiat money. The exact opposite appears to be the case.

So we have yet to see how agile and forward-seeing even one committee, never mind groups of financial institution committees, can be when the valuation rug under them all is pulled out.

And yet this system has all been arranged by just a few wealthy older careful conservative persons, who - taken individually - seem rather like most of us stackers here!

Seems reasonable to imagine that today's financial system, facing a gold-valuation reset, is not going to prove itself very nimble. But just where will it start to respond? What would be the beginning of a system response?

My guess would be we will see moves towards central registration of all privately held gold bullion using serial numbers, QR codes and varieties of capital gains tax. It will become harder or impossible to sell non-registered gold. The various countries will then allocate and hypothecate all the gold they identify. We will still hold it of course. Can't confiscate it Oh No!. But with AI and Big Brother... it might become useless to us, as it becomes useful to them.

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Gwant's avatar

Well that pretty much covers it. Looks like the banks are already afraid to lend to each other. Perhaps I'm just to bearish. I'll drop my leverage and wait for blood in the streets. I recently watched Alasdair explain that mining stocks would be a juicy source of liquidity on a drawdown.

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The Contrarian Capitalist's avatar

This is a crucial warning sign and thank you for sharing and putting it in simple terms. I've shared today and will share in the Commodity Wrap tomorrow.

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