The recent silver market

[Brett]

Thats true. @Brett investing style is what most everyone I know does and it works really good through compounding and growing over the years. I tell my kids to invest every dollar that their employer matches and they did so they now see the results after 20 years. In another 20 years they should be well off for retirement. Thats what I consider being golden, lol.

Bill

yes, if one understands the benefits of investment compounding at an early age -- wow
I don't even come close to the 4% rule and consequently I could be leaving way too much for my offspring ........... gotta spend more !

.

 

[Ralph Sir Edward]

yes, if one understands the benefits of investment compounding at an early age -- wow
I don't even come close to the 4% rule and consequently I could be leaving way too much for my offspring ........... gotta spend more !



View attachment 121207


.

You could always buy gold and silver with the excess. . . .

 

[Carolinian]

Here's gold for the last five years: (just hit an all time high, over $5,300)

You could always buy gold and silver with the excess. . . .

Or they would buy gold and silver mining stocks. The higher the market price of their product, the more profit the mining companies have. That is the other way to play gold and silver.

 

[Brett]

Here's gold for the last five years: (just hit an all time high, over $5,300)



Or they would buy gold and silver mining stocks. The higher the market price of their product, the more profit the mining companies have. That is the other way to play gold and silver.

And in 33 months the rally will stop. But I've enjoyed the rally in GLD (ETF)

 

[Brett]

You could always buy gold and silver with the excess. . . .

sure, but the point is investment assets that compound with returns -- stock index funds, real estate rentals, bonds, etc.

But it would be fun to hide some gold and silver in a box and have a treasure map in my will. Let the beneficiaries find the gold !

Or maybe like Forrest Fenn

https://en.wikipedia.org/wiki/Fenn_treasure

 

[Ralph Sir Edward]

sure, but the point is investment assets that compound with returns -- stock index funds, real estate rentals, bonds, etc.

But it would be fun to hide some gold and silver in a box and have a treasure map in my will. Let the beneficiaries find the gold !

Or maybe like Forrest Fenn

https://en.wikipedia.org/wiki/Fenn_treasure

See! Have fun with your money. . .

 

[Carolinian]

A survey of central banks shows 99% of them see central banks continuing their scramble for gold this year.

One exception is Tanzania, whose central bank is planning to sell about half of its gold reserve to make up for foreign aid cuts that are impacting its development plans. When Tanzania was German East Africa, it was mining gold and even struck its own 15 rupien gold coins in 1916 during World War I when the colony was cut off from the mints in Berlin and Hamburg that usually struck its coins. They converted a pipe bending machine into a makeshift coining press. I would imagine that the country is still mining gold itself.

When it comes to gold transactions, the central banks of the world are the whales. They buy by the ton, not the ounce.

 

[Carolinian]

And in 33 months the rally will stop. But I've enjoyed the rally in GLD (ETF)

View attachment 121224

Partially erasing the name of the political figure you are targeting does not make your post less political, and this is hardly the first time you have pulled that stunt.

And regardless of your politicized source's opinion, the biggest factor in what is going on with precious metals right now has a lot more to do with the troubles of the Japanese yen, burdened by excessive government debt. How that impacts the dollar comes about because Japan is the largest holder of US treasuries. If they need a lot of dollars to try to support the yen, they may have to dump a lot of those treasuries on the market, which could impact the dollar very significantly, especially if other central banks don't want to be the last holding dollars when the music stops. Central banks have been slowly but steadily dumping all fiat currencies and buying gold for several years. That applies to all fiat currencies - US dollar, Canadian dollar, yen, euro, yuan, pound, etc. All major fiat currencies have the same overblown government debt problem, although Japan is probably the worst.

Japan at rising risk of collapsing the yen - Asia Times

Japan’s Nikkei 225 stock index hit another all-time high on Wednesday, up 6.5% since the start of the year and up 76.5% from the April 2025 low that

asiatimes.com

 

[emeryjre]

Partially erasing the name of the political figure you are targeting does not make your post less political, and this is hardly the first time you have pulled that stunt.

And regardless of your politicized source's opinion, the biggest factor in what is going on with precious metals right now has a lot more to do with the troubles of the Japanese yen, burdened by excessive government debt. How that impacts the dollar comes about because Japan is the largest holder of US treasuries. If they need a lot of dollars to try to support the yen, they may have to dump a lot of those treasuries on the market, which could impact the dollar very significantly, especially if other central banks don't want to be the last holding dollars when the music stops. Central banks have been slowly but steadily dumping all fiat currencies and buying gold for several years. That applies to all fiat currencies - US dollar, Canadian dollar, yen, euro, yuan, pound, etc. All major fiat currencies have the same overblown government debt problem, although Japan is probably the worst.

Japan at rising risk of collapsing the yen - Asia Times

Japan’s Nikkei 225 stock index hit another all-time high on Wednesday, up 6.5% since the start of the year and up 76.5% from the April 2025 low that

asiatimes.com

You forget to put in the fact that this is just YOUR opinion of why gold is rallying

There are many other factors at play besides YOUR opinion

The stability of trade, stability of political unions such as NATO, continuing threats of regime change in the middle east, and uncertainty about what slight the current administration feels compelled to act against are creating a period of unprecedented chaos in the world economic and political order

Another interesting fact is world gold production is falling

Without some major discoveries of new gold veins, the supply of mined gold will continue to fall until it dries up around 2050

 

[Carolinian]

The debt problem of fiat currencies is something often mentioned in relation to the demand for gold, particularly as to the demand from central banks. The banks themselves do not express that in words, of course, but by decreasing their holdings of all fiat currencies, that action speaks louder than words. The recent well publicized wobbles of the yen clearly align in time with a major upsurge in precious metals. Other geopolitical factors, of course, also play into the equation of the market such as Russian aggression, Middle East developments, etc. The worldwide government debt bubble is the biggie and Japan may have lit the fuse..

And, I would point out in response to YOUR opinion, the central banks rush to buy gold started several years before most of the factors you mention and before the leader whose name Brett partially erased was in office. In fact, they got going under his predecessor who borrowed a lot of money.

 

[emeryjre]

Lets look at gold buying from Jan 1, 2025 from the World Gold Council
They do not have the data compiled past October 2025,
we know from the price action that buying has not slowed down

has the buying accelerated from Jan 1, 2025?

Yes — central‑bank gold buying has clearly accelerated since January 1, 2025,
both in monthly volume and in the number of active buyers.
The most recent data (through October and partial November 2025) shows a faster pace in the second half of the year,
with October marking the strongest month of 2025.

1. Year‑to‑Date Pace (Jan–Oct 2025)

• 254 tonnes purchased through October 2025

2. Clear Acceleration in Recent Months

The World Gold Council notes that buying “picked up pace in recent months”
with October showing:

• 53 tonnes purchased
• +36% month‑over‑month increase
• Largest monthly total of 2025

This is the strongest evidence of acceleration since mid‑year.

3. H1 vs. H2 2025 Comparison

H1 2025 (Jan–Jun)

• Strong but uneven buying
• Poland led with 67.2 tonnes
• 23 countries added gold

H2 2025 (Jul–Oct)

• More consistent, broader buying
• October surge (+36% m/m)
• Poland, Brazil, Uzbekistan, Indonesia, Türkiye all active

Conclusion: H2 shows more buyers, larger monthly totals, and a clear upward trend.

4. Full‑Year 2025 Projection

J.P. Morgan and other analysts expect ~900 tonnes for 2025
with acceleration concentrated in late 2025.

Bottom Line

Yes — buying has accelerated since Jan 1 2025,
especially from July onward,
with October showing the strongest monthly demand of the year.
The trend is upward, broad‑based, and strategic, driven by de‑dollarization, geopolitical risk, and reserve diversification.

 

[Brett]

The debt problem of fiat currencies is something often mentioned in relation to the demand for gold, particularly as to the demand from central banks. The banks themselves do not express that in words, of course, but by decreasing their holdings of all fiat currencies, that action speaks louder than words. The recent well publicized wobbles of the yen clearly align in time with a major upsurge in precious metals. Other geopolitical factors, of course, also play into the equation of the market such as Russian aggression, Middle East developments, etc. The worldwide government debt bubble is the biggie and Japan may have lit the fuse..

And, I would point out in response to YOUR opinion, the central banks rush to buy gold started several years before most of the factors you mention and before the leader whose name Brett partially erased was in office. In fact, they got going under his predecessor who borrowed a lot of money.

LOL

Anyone can google reasons for the "gold rally"

Just "enjoy the go" for the next 33 months. I own gold (ETF "GLD" )

I don't believe the "rally" will last forever so .......... Be Prepared !







.

 

[Carolinian]

I never Google anything. I use reliable and honest search engines like DuckDuckGo and BraveSearch. Google has been caught in too much flim flam. Most recently, they had to settle a lawsuit from the state of Texas for over a billion dollars.. Google is notoriously anti-privacy and pro-censorship and very one-sided in their search results. There is little doubt of the ideology of the source Google sent Brett to given the content of what he posted. And why does Brett not give the actual source instead of the search engine that sent him there????

All one has to do is look at the chart I posted above to see that the rise in gold prices started several years ago during a different administration. The move by central banks to gradually dump fiat currencies and move to gold happened about the same time. The reason was the debt bombs being built with government debt by the issuers of all the major fiat currencies. The move was not from one fiat currency to another but from all fiat currencies to gold. The debt problems have not gone away, just gradually gotten worse, so the central banks have kept buying.

Those who want to claim it all happened this year obviously have problems reading charts.

 

[Brett]

I never Google anything. I use reliable and honest search engines like DuckDuckGo and BraveSearch. Google has been caught in too much flim flam. Most recently, they had to settle a lawsuit from the state of Texas for over a billion dollars.. Google is notoriously anti-privacy and pro-censorship and very one-sided in their search results. There is little doubt of the ideology of the source Google sent Brett to given the content of what he posted. And why does Brett not give the actual source instead of the search engine that sent him there????

All one has to do is look at the chart I posted above to see that the rise in gold prices started several years ago during a different administration. The move by central banks to gradually dump fiat currencies and move to gold happened about the same time. The reason was the debt bombs being built with government debt by the issuers of all the major fiat currencies. The move was not from one fiat currency to another but from all fiat currencies to gold. The debt problems have not gone away, just gradually gotten worse, so the central banks have kept buying.

Those who want to claim it all happened this year obviously have problems reading charts.

All the search engines point to the same results. I also use Duck duck go - Look Ma, no cookies !

The "honest" Duck Duck Go -

.

The "rally" will not last forever so .......... Be Prepared !

.

 

[Carolinian]

Again, you give us the search engine name, but NOT which of the list of links it brings up you pulled from. DuckDuckGo will generally give you a more diverse set of links than Google, but you have chosen one link and it is that particular link that is relevant, NOT the search engine you used to find it.

Both the gold rally and the increased central bank buying started about five years ago, NOT last year. The debt bombs had grown due to Covid spending and that was part of it. Another big part had to do with an action of the last US administration and also the EU in 2021, and that was the freezing of Russian assets. This stimulus for central bank action has been widely reported. Any country that thought their policies might draw ire from the US, EU, or both saw themselves as potential targets of a similar maneuver and began divesting of US and/or EU bonds, moving to gold instead. The biggest to do so was China., but it was hardly the only one.

Look at the chart above for the key time frames. Another chart I posted of the decline in central bank holdings of dollars compared to their increase in holdings of gold shows the same five year time frame.

What shows that the reasons are not driven just by the US for the move to gold is the fact that central banks holdings of ALL major fiat currencies are in decline while they are buying gold. If it was only US policy involved, we would not be seeing the declines among central bank holdings of all other major fiat currencies at the same time.

Incidentally, the drop in copper prices today has led to declines in other metals including gold and silver, so it is a good time to watch and try to buy the dip.

 

[easyrider]

Lets look at gold buying from Jan 1, 2025 from the World Gold Council
They do not have the data compiled past October 2025,
we know from the price action that buying has not slowed down

has the buying accelerated from Jan 1, 2025?

Yes — central‑bank gold buying has clearly accelerated since January 1, 2025,
both in monthly volume and in the number of active buyers.
The most recent data (through October and partial November 2025) shows a faster pace in the second half of the year,
with October marking the strongest month of 2025.

1. Year‑to‑Date Pace (Jan–Oct 2025)

• 254 tonnes purchased through October 2025

2. Clear Acceleration in Recent Months

The World Gold Council notes that buying “picked up pace in recent months”
with October showing:

• 53 tonnes purchased
• +36% month‑over‑month increase
• Largest monthly total of 2025

This is the strongest evidence of acceleration since mid‑year.

3. H1 vs. H2 2025 Comparison

H1 2025 (Jan–Jun)

• Strong but uneven buying
• Poland led with 67.2 tonnes
• 23 countries added gold

H2 2025 (Jul–Oct)

• More consistent, broader buying
• October surge (+36% m/m)
• Poland, Brazil, Uzbekistan, Indonesia, Türkiye all active

Conclusion: H2 shows more buyers, larger monthly totals, and a clear upward trend.

4. Full‑Year 2025 Projection

J.P. Morgan and other analysts expect ~900 tonnes for 2025
with acceleration concentrated in late 2025.

Bottom Line

Yes — buying has accelerated since Jan 1 2025,
especially from July onward,
with October showing the strongest monthly demand of the year.
The trend is upward, broad‑based, and strategic, driven by de‑dollarization, geopolitical risk, and reserve diversification.

Deffintly, the trend is upward. The rest of your opinion is maybe partially right. The main reason for the price inceases in precious metals is physical demand outpacing paper contracts which tells of a shift to tangable assets, imo.

Bill

 

[Carolinian]

Deffintly, the trend is upward. The rest of your opinion is maybe partially right. The main reason for the price inceases in precious metals is physical demand outpacing paper contracts which tells of a shift to tangable assets, imo.

Bill

What is interesting about the retail investment market in precious metals, other than what is often referred to as "stackers" is that much of it is in Asia, such as China and India, rather than the US or Europe, although that is changing somewhat.

In the last couple of weeks, one of the three bullion companies I deal with has limited online orders to those over $500 and phone in orders to those over $10,000. Until then, you could buy any amount either way, although for free shipping it took an order over $200. Even though I am in the second highest level of VIP member with them, those minimums also apply to me. That change tells me that they are seeing very heavy buying volume from customers. I have also noticed that as to gold, a growing number of items are presently sold out. I am also seeing the limited availability on the other two bullions companies I deal with.

The paper contracts have been a way to control market price by the bullion banks. One of them got caught at it and was fined heavily a few years ago. What may break the paper bullion market is that a growing number of contract holders are standing for delivery instead of cash settling and it is draining the vaults of both the Comex and the LBMA. If that keeps happening, it may put the paper bullion market completely out of business. Silver seems to be more on the cusp of that happening than gold. The leverage in the paper bullion market is huge. The paper contracts phtoysical supply in Comex or LBMA vaults ratio is something like 100 to 1, so if too many stand for delivery, they will have nothing to deliver.

 

[emeryjre]

Today is what is called a pullback by Traders in Precious Metals
Silver is down around 15%
Gold is down around 5.5%

 

[TolmiePeak]

Brett can we get the last 2 day charts for gold and silver?

 

[Ralph Sir Edward]

Will this do? Each horizontal line is $5.

 

[TolmiePeak]

I'm putting in a buy order on silver when it hits $25 an ounce. I prefer to buy low.

 

[emeryjre]

I'm putting in a buy order on silver when it hits $25 an ounce. I prefer to buy low.

Hang around, you may get it soon
Silver is now down more than 35%

In all my trading days in the stock market
I have never ever suffered that big a daily loss
Even on my single stock position holdings

This is a BIG deal for someone who trades in the precious metals markets
Dealers and Brokers could be put out of business if they are not properly positioned

 

[jp10558]

Hang around, you may get it soon
Silver is now down more than 30%

In all my trading days in the stock market
I have never ever suffered that big a daily loss
Even on my single stock position holdings

This is a BIG deal for someone who trades in the precious metals markets
Dealers and Brokers could be put out of business if they are not properly positioned

Damn, maybe I should have sold... So why's this happening? Speculators getting out? Someone dumping a bunch of bullion? Plays in the paper market?

 

[emeryjre]

Damn, maybe I should have sold... So why's this happening? Speculators getting out? Someone dumping a bunch of bullion? Plays in the paper market?

There are plenty of reasons going around
My belief is that there were too many people using margin to secure their purchases
As the selling starts, margin calls start to happen
It becomes a slippery slope that accelerates until all the "weak" hands are forced out
I do not trade SLV or GLD but if I did, I would be buying here
Even dead cats bounce

 

[Brett]

Damn, maybe I should have sold... So why's this happening? Speculators getting out? Someone dumping a bunch of bullion? Plays in the paper market?

Should have "locked in the profits'