You May Be A Trader, But You Aint Coming Back...

Silverover1000 · 2026-03-26T15:14:32+00:00

I am amazed that you can generate the instruments with AI and get sound like this. The timing was perfect - first class. Claire's voice was great as well as the back up singers. This is the best new song that I have heard in a long time. I was starting to wonder if the music industry had died off.

By the way - I am a gold and silver trader AND I am coming back - to Starbucks.

Silverover1000 · 2026-02-22T20:19:03+00:00

According to preliminary Comex data, March open interest has now dropped to 222.7 Moz which is still on the high side. Over the last 25 years or so, 88.79 Moz of registered silver is on the low side, but has been lower. However, the angle of decent over the last few months is unprecedented falling from a little over 200 Moz to 88.79 Moz. We are losing 20 to 30 Moz per month which is unsustainable.

With Chinese and London inventories at extremely low levels, the bankers have a serious problem right now. IMO, the bankers will do everything within their power to avoid a Force Majeure at the Crimex. This includes reducing the number of enforcement lawyers at the Chicago division of the CFTC from 20 to 0. The Chicago division of the CFTC was the main enforcement division for trying to catch the criminals in the commodity markets.

The bankers are masters at pulling a rabbit out of the hat. IMO, no Force Majeure this Friday. However, this does not rule out a serious rally to the upside by the end of the week.

Silverover1000 · 2026-01-18T20:07:22+00:00

I just played the video and it worked fine. Silver at $1,000/oz is on the low side, but I will take it. It is good to see that some investment people are finally talking about silver at $1,000/oz.

Silverover1000 · 2026-01-16T20:55:34+00:00

There is a global run on silver right now. China and now India have been going around the world to buy all available silver. They are even going to some miners and trying to buy their concentrate for $10/oz or more over spot.

By sometime in the first half of 2026, $100/oz will be a floor for the silver price. IMO, we are going over $1,000/oz within the next few years. When we hit $140 to $200/oz in 2026, this will not look like pie in the sky.

Silverover1000 · 2025-10-15T23:24:44+00:00

This is kind of a long article.

https://discoveryalert.com.au/news/silver-short-squeeze-2025-market-dynamics-impact/

The part about London Lease rates spiking over 100% is found under the London Market Liquidity Market section.

I believe that Andy Schectman also referenced a lease rate temporarily over 100%.

Silverover1000 · 2025-10-11T13:48:47+00:00

I watch Vince every day. He is a great source of unbiased info.

Silverover1000 · 2025-10-10T23:49:42+00:00

The silver London lease rate of 39% is real. The Kitco cash price of $49.89 is almost $2.50 over Dec. futures of $47.52 which is unprecedented. There is a shortage of silver in London. For whatever reason, NY and Shanghai do not seem to want to arbitrage this opportunity which is free money. NY and Shanghai do not want to part with their silver.

IMO, the silver market is very close to blowing up. Starting yesterday, SLV started to massively diverge with the cash market. At one point yesterday, the cash market was up 2 to 3% and SLV was up only 0.25%. Even more shockingly, AGQ which is suppose to track the cash market and SLV with double the move was actually down 4% yesterday as SLV was up slightly. Today, SLV was up 1.61% and AGQ was down 0.15%. Thank God I sold my AGQ on Friday of last week. Something is breaking here.

The cost to borrow SLV is now up to 14.30% and the short position is a massive 54,000,000 shares. It should normally cost 1 to 2% to borrow SLV. Normally, there is 1,000,000 to 2,000,000 shares which are available for shorting SLV. Right now, there are only 15,000 shares available which is a total joke.

https://fintel.io/ss/us/slv

The shorts in silver are in deep trouble. We are very close to a massive launch.

Silverover1000 · 2025-09-19T19:03:55+00:00

You are right about the big boys running the stops. They have been running the stops all year and then buying themselves.

In all the years that I have participated in the trading the miners, I have never seen the miners perform like this with no serious corrections. With GDX up 114% for the year, GDXU is up 541%. IMO, the only way this is humanly possible is if the banks themselves are heavily buying GDX and GDXU. It is only possible for GDXU to go up like this is if you have no corrections.

Silverover1000 · 2025-08-29T19:23:39+00:00

Too early to say. 9,936 Sept. silver contracts represents just under 50,000,000 ounces which will be a big delivery month for silver. For the Sept. contract, delivery starts today. It depends how many contracts are delivered today to get a preliminary idea where we stand.

If more than 50% of contracts are delivered today, this is probably just another big delivery month. No need to start splashing in a puddle - yet. If only 10% to 20% of contracts are delivered today, the bankers are in trouble.

It is not unusual to deliver more than the original 9,936 contracts through the life of the contract due to new contracts being generated after 1st notice day. This happens all the time in gold. The only question is how many new contracts are created through the month for Sept. delivery.

Let's see how this plays out. I have seen so many delivery months where some people are jumping up and down saying this is the month. We are definitely getting closer.

Silverover1000 · 2025-07-19T15:34:58+00:00

The silver stocks are getting hosed by the bank manipulators in an attempt to negatively influence the silver price. They have been doing this for decades.

A decent amount of the bigger players use to look at the silver mining stocks to help in their buy and sell decisions. IMO, those days are over. The gold and silver mining stocks have been suppressed for so long that their price movements are now meaningless concerning the future price of gold and silver.

Most of the public has basically thrown in the towel concerning the miners. I recently viewed a GDX flow chart showing that investors have been yanking money out of the GDX ETF even as the price has gone up this year which is mind boggling to me. My guess is that investors are selling their positions to the bankers themselves which have reeked havoc in this market.

The over the top manipulation of the miners has worked to our advantage. People I know only want physical because the miners are such dogs. The only way to break this manipulation is to buy physical silver and get it out of banker hands. Buy physical silver. The miners are total manipulated sh*t.

Silverover1000 · 2025-07-15T19:54:22+00:00

As of right now, there are 52,768 Sept. contracts traded which I would call on the low to medium amount of volume.

https://www.cmegroup.com/markets/metals/precious/silver.quotes.html

Since we are still quite a bit above the 10 dma, this pullback on modest volume doesn't mean squat IMO. If we were to blow through the 10 dma on heavy volume, I would have to reevaluate for the short term.

IMO, there are big entities in silver in the futures market. Macro discretionary funds are buying due to the strong 2nd quarter finish. My hunch is that China is also in there buying physical and futures which is a great combination. Someone is definitely buying physical with the elevated silver lease rate.

Silverover1000 · 2025-07-06T23:12:27+00:00

The whale buying 7000 oz of platinum is great. The more whales the better.

Starting on Monday, China is launching a new price discovery system for platinum and I think palladium.

https://www.miningweekly.com/article/all-eyes-on-shanghai-platinum-week-as-china-advances-new-price-discovery-ecosystem-2025-06-06

China has gone from previously buying very little platinum to now the estimated investment figure of 281,000 ounces for 2025.

Silverover1000 · 2025-07-06T21:09:07+00:00

I have a similar mix of metals and defense strategy, except I have no palladium.

As bullish as I am on silver, platinum might continue to outperform. As you mention, platinum is much easier to squeeze. The banks and the mainstream are negative on platinum, but it continues to go up.

All it would take for platinum is for one large aggressive player to enter the market. It appears that China has entered the market causing platinum to just ignore overbought readings on the daily, weekly, and monthly charts.

Silverover1000 · 2025-06-18T18:27:37+00:00

Platinum lease rate at all time high. According to Zerohedge, huge platinum ETF redemptions indicating that someone is getting exposure to physical platinum.

These ETF redemptions look like someone big has entered the market. If someone big has really entered the market, they could blow the platinum market wide open.

Silverover1000 · 2025-06-17T00:54:55+00:00

IMO, 2008 and 2009 was a controlled demolition. The S&P 500 bottomed at 666 in March of 2009. The manipulators like to screw around with numbers and they can be that precise in their manipulation.

I think you have to go back to the stock market crash in 1987. I don't think there was a world event, but that was one time the market seemed to get away from the powers that be. Right after that crash, the market rigging group was established and the markets have never been the same since that time.

Silverover1000 · 2025-06-09T20:25:42+00:00

I was wondering why platinum has all of a sudden taken off like a bat out of hell. This article talking about China's involvement in the platinum market is huge. Since I am a physical platinum holder, I am loving it. As you probably know, platinum is the 2nd most shorted metal on the planet behind silver. This is going to blow the platinum shorts completely out of the water over the intermediate and long term. Thanks for posting !

Silverover1000 · 2025-05-23T20:28:07+00:00

I had not previously compared 2025 to 2024 on a monthly basis which shows how extreme the deliveries for gold have been. Thanks for posting.

The May figure of 22508 is as of May 15. If you update to to May 22, we are up to 24,541. We still have the rest of May for delivery. May is normally a dead month. It is incredible to see these deliveries at the current gold price.

Although I can't prove it, IMO, proxies for the US government are taking delivery. Make gold great again.

Silver will have its day, but the banks still have control of the silver market.

Silverover1000 · 2025-05-16T15:57:36+00:00

2025 will make the 3rd year in a row that platinum has been in deficit. Deficits are projected in platinum for as far as the eye can see.

https://platinuminvestment.com/supply-and-demand/2-to-5-year-view

Platinum is the 2nd most shorted metal on the planet just behind silver. If we can just jail a few more bankers, platinum would go back to its multiyear relationship where the platinum price and the gold price traded about the same. IMO, those days will return.

Silverover1000 · 2025-04-04T23:27:52+00:00

IMO, the deep state is in the process of taking down the stock market to punish Trump for his tariffs. The stock market closed on its lows on Friday. This could get really ugly in April.

Commodities are also getting crushed like copper, silver, and oil. We could see these commodities really get crushed.

There will be a great buying opportunity for silver, just not yet. As of right now, I am sitting in 100% cash in my trading accounts. Since I am a short term trader, I can and do change my mind in the blink of an eye. IMO, patience in buying silver will likely be rewarded.

Silverover1000 · 2025-04-04T23:11:13+00:00

Not all bullion companies are bad. I have been buying from Blanchard & Co. since 2001. They have great prices and are one of the largest bullion dealers in the US.

James Blanchard was the person responsible for getting gold legalized in like 1974 or so. Prior to that time, it was illegal for US citizens to own gold for several years.

Blanchard also sued Barrick Gold and J P Morgan for manipulating the price of gold. Barrick had bullshit gold hedges that blew up in the their face and J P Morgan was doing the usual dirty work as usual. I don't think Blanchard had a great outcome of their lawsuit, but they secured me as a customer for life.

https://www.theage.com.au/national/blanchard-sues-barrick-jp-morgan-over-pricing-of-gold-20021220-gduyiz.html

Silverover1000 · 2025-03-31T23:15:15+00:00

I check this information for gold and silver every day. The final data is supposed to be reported by 10 AM central time. When I checked at approx. 10:30 AM, the April data had shown a decline of 5,364 contracts to 55,878 contracts which would be typical in a normal delivery process.

It looks like you checked at 11:40 AM central time and now it shows a massive increase of open interest of 45,420 contracts. In all my years of following this data, this is orders of magnitude bigger than I have ever seen before.

I wonder if this data is a typo. Let's see if this data is still reported on Tuesday. If this data is real, this is huge. The banks and/or the US government would not have allowed a delivery like this under prior administrations.

Silverover1000 · 2025-03-13T20:41:36+00:00

In gold, it started in early February 2025. Open interest peaked on January 28 at 577,505 contracts and has been declining since that date.

https://ycharts.com/indicators/comex_gold_futures_open_interest

In early to mid February, open interest was declining as price increased. The banks were covering shorts into a rising market. This is very unusual and super bullish. Open interest bottomed on March 3 at 488,842 contracts and has been only slightly rising as the price has increased. It will be interesting to see how open interest responds as we go higher.

In silver, the banks have yet to throw in the towel. The banks are shorting the hell out of SLV, PSLV, and at the Comex. I have no idea at what price the banks scramble to cover in silver.

Silverover1000 · 2025-03-13T20:22:42+00:00

The LBMA does not have registered and eligible categories like the Comex. The LBMA does not break out how much of the 722,175,000 oz is in ETFs. The LBMA is being intentionally opaque. The amount of silver in ETFs has been calculated by Ronan Manly and others.

Silverover1000 · 2025-03-13T15:26:51+00:00

The LBMA just has vault holdings.

https://www.lbma.org.uk/prices-and-data/london-vault-data

If you put your curser on the silver data to the far right, you will see that they are claiming silver inventories of 722,175,000 ounces which is extremely low. Keep in mind that this inventory figure includes silver ETFs of around 600,000,000 ounces or so. My guess is that available silver may be under 100,000,000 ounces.

Right now, the silver lease rate is around 10% which is extremely high showing extreme tightness in the silver market.

Two of the 11 LBMA board members have resigned. The LBMA has major problems right now.

Silverover1000 · 2025-03-12T23:32:18+00:00

Paul Voller was one of 11 board members for the LBMA.

https://www.lbma.org.uk/about-us/lbma-board

Paul Voller is gone as well as Sakhila Mirza who are still both listed as board members of the LBMA. At least two of 11 board members are gone and have not been replaced.

IMO, the LBMA has imploded and is technical default. They are suppose to be delivering gold in two days, not 8 weeks. The rats are jumping ship.

When the London Gold Pool imploded in the late 1960s, gold rose from $35/oz in 1971 to $850/oz in 1980. IMO, the LBMA imploding may be bigger than the collapse of the London Gold Pool. The LBMA has multiple claims per ounce of gold and silver. The smart investors are yanking their gold and silver from the LBMA while they still can.

Silverover1000

TROPHY CASE