Same pattern as always by the paper traders. Maybe one more leg down for another quarter. Maybe not. Then a green close. Paper volume is sustainable. They have been trying to sell this bottom too hard for a couple days. This is their finishing move, whether it works or not.
The USD is going to have a major correction. It will probably happen some time this week. Make sure you put the bots and short dummies on ignore. Nothing has changed as far as physical gold going over 5k. Keep taking their physical while you can get it.
I don't know if any of this is true. But, there are rumors that the US lost some jets in a fight with Russia, and a US Air Force officer refused to deliver launch codes that would enable a nuclear strike on Monday. Sounds like a complete nut is running our show if it is true.
It is impossible to have a banking crisis or a liquidity crisis these days due to all the rule changes and the Feds capability to bailout banks with printed money. Silver has been traded as if that banking crisis impossibility is still possible. Every potential banking crisis merely means the currency is going to be destroyed. Don't be fooled into believing the paper price is an accurate representation of supply and demand. No one is hedging silver down here but people who only plan to make a living trading paper. There is no mine on the planet, even if hedging with paper, that plans to actually deliver on a contract this far under production costs. Everyone thinks they will be able to cover. Keep taking the assets where you can find them. This is a whole new animal. There is no other outcome than continued massive inflation.
Platinum is way cheap at the moment. It is cheaper than gold. This is a time to spend some gold, and I don't say that often, on some platinum. Or at least stack it instead of gold while the pricing holds out. I suspect the bankers think they are hurting Russia be devaluing their couple billion in platinum exports per year, along with their gold. They can convince themselves of anything that justifies some hole they dig. I would take them up on this offer.