This tweet on my X-feed caught my attention, so I thought it would reassure Substack subscribers who are naturally worried about their gold and silver positions.
It's 6:32 a.m. Eastern Daylight Time. According to the Wall Street Journal, gold is priced at $4,265. Yes, that's quite a drop from the mid five thousands of just a few weeks ago, but it's still much, much higher than a year ago.
The war in the Middle East has accelerated the dollar's demise. Trump is trying to spin the war narrative now, saying that the US's goals have almost been completed. Tell me, Donald, what are those goals, other than setting the world on fire?
Hold onto your gold and silver, if you have some. Buy more, if you can. Very bad times are a'comin'.
I think this war is meant to be lost, as an excuse to withdraw from the Middle East and NATO and blame the end of the fiat money and usher in the digital currency prison. Trump is a child rapist, and maybe worse. DOD was telling him he would lose, so he knew going in what would happen. Like any American politician, he's controlled by AIPAC, the Sabbatean Frankists, Pax Judaica and the Rothschilds.
Exactly the same thing happened back in 08/start of 09 before the last run up. People sold out as it was the only thing in their portfolios showing a profit.
We have essentially just ‘lost’ the last three months of gains. If I was to look at my portfolio from November I would be quite happy now, instead because of the spike I am virtually down massively so feeling a bit sad 😭😂
I’m in exactly the same boat, Nick. So what does this mean though. Will it bounce back? And if so, will the bounce be extreme, like before, or a steady incline? Either way, I’m up on where I was in November, but MASSIVELY down on where I was end Jan. The sad fact is, the universe gave us a second chance. At the end of Feb I was about 5-10% off my ATH of end Jan - and still didn’t sell. What came after, from early March to today, was an even heavier fall than end Jan / early Feb. Hindsight… So you’re not alone. And I’m holding. Not selling. Possibly buying if I can, over the next few weeks. Good luck 👍
Alasdair with oil and gas price so high it can’t all be down to manipulation. People sell what they can to pay for it and that includes gold. If oil price continues to rise do you not think gold price will continue to fall until things get bad enough for central banks to stop sounding Hawkish and revert to QE?
I’m in agreement Ian. Much as I enjoyed the post suggesting a bottom was close and a bounce was coming, gold and silver are liquid assets and forced sales are inevitable while the war rages and countries need to keep their lights on. CBS are already selling, we know this, to pay for higher oil costs and how this affects their energy prices. I hope I’m wrong and I hope we see an end to the escalations in the Middle East.
When the historic Cypriot bank moves happen elsewhere and paper money is recognised as a worthless share certificate real assets will provide some comfort
"The US government sold $606 billion of Treasury securities this week, spread over nine auctions, including 10-year Treasury Inflation Protected Securities (TIPS) and 20-year Treasury bonds."
Between 600-700 billion in issuance EVERY WEEK. Of that perhaps 35-40 billion represents new debt. The rest is the constant roll of existing debt. The capital markets today are all about refinance.
The TACO announcement or fabrication about negotiations is all because, trouble in the Equity Markets will dysfunction the bond markets and the Treasury is selling 600-700 billion in debt EVERY WEEK.
Maybe there are talks or maybe not, but both the equity and bond markets are saying: end it, or else we will throw tantrums and those are 2 naughty children Treasury has to pacify.
once the reality sets in, that everyone is now paying for ME oil with gold the price of gold drops which benefits the buyer (nations) depends on how much gold reserves the US really has. when gold becomes currency you will see a lot more currency manipulation.
The persisting 12 - 14% Chinese silver price premium makes the most sense if producers (primary miners) in Mexico and Peru are shipping most concentrate or doré directly to China since late 2025.
Mexico itself, USA and even Canada and Switzerland could refine all that, and it could enter Western stocks... but increasingly, they aren't.
The Western marketplaces which used to be 'the market' are breaking. The actual real, global, market is beginning to respect the actual physical supply-demand reality. What yuan price it will settle in is not clear of course, but as the now-hubristic Western claim to be 'the' silver market dissolves, stockpiling in China could yet settle price for a long time and that spread should shrink. It looks notably undramatic already.
China stockpiled many months of crude oil, for emphasis, and we can all see why. Industrial silver is likely the same. China's market aim in such imported commodities would be to determine flows via pricing as the swing consumer. That recognition will very simply be the end of Western 'control'.
This view of silver is less fancy than bullion banking or currency backing views, and is offered as an alternative explanation for price volatility since late 2025.
AI or not, it just screams that the fundamentals are still there and that weak hands are being defeated. Much lower prices also present a very good buying opportunity.
They could still go lower from here but the rebound off of the 200 Day Moving Average is a cause for optimism!
thanks ALASDAIR , THE TOXIC propaganda is now coming thick and fast ,HAL TURNER RADIO had an interesting story about allegedly 3800 tones of gold leaving the fed to possibly shore up the losses THE 14 GREAT FAMILIES HAVE LOST IN GSC DUE TO IRAN, and 1000 accounts being frozen in the same night , again he had a theory trumps 5 day warning was more for the families of wealth than IRAN . EVEN if this is complete b/s THE GROUND UNDER THE DOLLAR IS ERODING FASTER WITH THE HELP OF IRAN, lets hope m bridge gold backed warrants the yuan and ruble ARE READY
So many fabrications these days, the only safe mode is sit tight on assets you can absolutely control. Worry most about the taxing authorities who are now forcing themselves to dream up even more ridiculous wasteful spending of citizens savings in hopes that we are all ultimately as equally miserable as they are.
It's 6:32 a.m. Eastern Daylight Time. According to the Wall Street Journal, gold is priced at $4,265. Yes, that's quite a drop from the mid five thousands of just a few weeks ago, but it's still much, much higher than a year ago.
The war in the Middle East has accelerated the dollar's demise. Trump is trying to spin the war narrative now, saying that the US's goals have almost been completed. Tell me, Donald, what are those goals, other than setting the world on fire?
Hold onto your gold and silver, if you have some. Buy more, if you can. Very bad times are a'comin'.
Donald’s goals are to dislodge Great Britain and it’s 120 year chokehold on all of us. This is something that he can’t say outloud.
No disrespect to you, Scott, that's not my intent, but I just don't buy this narrative. This seems like Q-anon v2 stuff, IMO.
I think this war is meant to be lost, as an excuse to withdraw from the Middle East and NATO and blame the end of the fiat money and usher in the digital currency prison. Trump is a child rapist, and maybe worse. DOD was telling him he would lose, so he knew going in what would happen. Like any American politician, he's controlled by AIPAC, the Sabbatean Frankists, Pax Judaica and the Rothschilds.
Thus is the Promethean narrative. I think a Zion.. t narrative more appropriate?
Is this video/tweet genuine - or AI ?
Here Dieter's view on current situation (in original language): https://www.youtube.com/watch?v=ZxOpx1M5PcU
Exactly the same thing happened back in 08/start of 09 before the last run up. People sold out as it was the only thing in their portfolios showing a profit.
We have essentially just ‘lost’ the last three months of gains. If I was to look at my portfolio from November I would be quite happy now, instead because of the spike I am virtually down massively so feeling a bit sad 😭😂
Me too. But I think the bounce, already happening this morning, could be very big!
I’m in exactly the same boat, Nick. So what does this mean though. Will it bounce back? And if so, will the bounce be extreme, like before, or a steady incline? Either way, I’m up on where I was in November, but MASSIVELY down on where I was end Jan. The sad fact is, the universe gave us a second chance. At the end of Feb I was about 5-10% off my ATH of end Jan - and still didn’t sell. What came after, from early March to today, was an even heavier fall than end Jan / early Feb. Hindsight… So you’re not alone. And I’m holding. Not selling. Possibly buying if I can, over the next few weeks. Good luck 👍
Alasdair with oil and gas price so high it can’t all be down to manipulation. People sell what they can to pay for it and that includes gold. If oil price continues to rise do you not think gold price will continue to fall until things get bad enough for central banks to stop sounding Hawkish and revert to QE?
I’m in agreement Ian. Much as I enjoyed the post suggesting a bottom was close and a bounce was coming, gold and silver are liquid assets and forced sales are inevitable while the war rages and countries need to keep their lights on. CBS are already selling, we know this, to pay for higher oil costs and how this affects their energy prices. I hope I’m wrong and I hope we see an end to the escalations in the Middle East.
IMHO it seems that this is an AI generated fake speech.
https://x.com/Mark4XX/status/2035854284806324651
Invest Dont speculate..
When the historic Cypriot bank moves happen elsewhere and paper money is recognised as a worthless share certificate real assets will provide some comfort
Yannick - I agree. It doesn't ring right to me. Maybe the translation is wrong even if the interview itself is or was genuine
Thank you Alasdair for this very timely article. I have taken advantage of the discount price in Fiat and added to my stack.
"The US government sold $606 billion of Treasury securities this week, spread over nine auctions, including 10-year Treasury Inflation Protected Securities (TIPS) and 20-year Treasury bonds."
wolfstreet.com - from todays post.
Between 600-700 billion in issuance EVERY WEEK. Of that perhaps 35-40 billion represents new debt. The rest is the constant roll of existing debt. The capital markets today are all about refinance.
The TACO announcement or fabrication about negotiations is all because, trouble in the Equity Markets will dysfunction the bond markets and the Treasury is selling 600-700 billion in debt EVERY WEEK.
Maybe there are talks or maybe not, but both the equity and bond markets are saying: end it, or else we will throw tantrums and those are 2 naughty children Treasury has to pacify.
once the reality sets in, that everyone is now paying for ME oil with gold the price of gold drops which benefits the buyer (nations) depends on how much gold reserves the US really has. when gold becomes currency you will see a lot more currency manipulation.
The persisting 12 - 14% Chinese silver price premium makes the most sense if producers (primary miners) in Mexico and Peru are shipping most concentrate or doré directly to China since late 2025.
Mexico itself, USA and even Canada and Switzerland could refine all that, and it could enter Western stocks... but increasingly, they aren't.
The Western marketplaces which used to be 'the market' are breaking. The actual real, global, market is beginning to respect the actual physical supply-demand reality. What yuan price it will settle in is not clear of course, but as the now-hubristic Western claim to be 'the' silver market dissolves, stockpiling in China could yet settle price for a long time and that spread should shrink. It looks notably undramatic already.
China stockpiled many months of crude oil, for emphasis, and we can all see why. Industrial silver is likely the same. China's market aim in such imported commodities would be to determine flows via pricing as the swing consumer. That recognition will very simply be the end of Western 'control'.
This view of silver is less fancy than bullion banking or currency backing views, and is offered as an alternative explanation for price volatility since late 2025.
300 years of wars show they are ‘always disaster times’ for holders of government debt because of inflation and financial repression.
https://finance.yahoo.com/economy/policy/articles/300-years-wars-show-always-160608975.html
AI or not, it just screams that the fundamentals are still there and that weak hands are being defeated. Much lower prices also present a very good buying opportunity.
They could still go lower from here but the rebound off of the 200 Day Moving Average is a cause for optimism!
It seems that this video is a AI translation of part the original YT video in German language (1h 4mn). https://www.youtube.com/watch?v=ZxOpx1M5PcU
I do not understand all but seems this is genuine.
Yes, the video is in German with a Swiss interviewer and interviewee - you can tell by the accents.
It is the genuine Dieter Lüscher and he is saying exactly what Alasdair got on his X-tweet, but on Friday.
https://www.pspag.com/
Grüße aus dem hohen Norden!
thanks ALASDAIR , THE TOXIC propaganda is now coming thick and fast ,HAL TURNER RADIO had an interesting story about allegedly 3800 tones of gold leaving the fed to possibly shore up the losses THE 14 GREAT FAMILIES HAVE LOST IN GSC DUE TO IRAN, and 1000 accounts being frozen in the same night , again he had a theory trumps 5 day warning was more for the families of wealth than IRAN . EVEN if this is complete b/s THE GROUND UNDER THE DOLLAR IS ERODING FASTER WITH THE HELP OF IRAN, lets hope m bridge gold backed warrants the yuan and ruble ARE READY
So many fabrications these days, the only safe mode is sit tight on assets you can absolutely control. Worry most about the taxing authorities who are now forcing themselves to dream up even more ridiculous wasteful spending of citizens savings in hopes that we are all ultimately as equally miserable as they are.
Thanks for the reassurance.
Us having Alasdair is like a hypochondriac having a quack on speed dial.
This is hugely helpful. Thanks so much.