The cognitive divide you mentioned also applies to the financial press, which is totally compromised and became the new muppet show.
In their Monday headlines they were happily announcing gold to 4.4 k, letting go their gold fear porn. At the same time, new all time records in the Spanish IBEX31 was reached. When I checked gold in the evening it had bounced to 4.9k. The cliff candle, the Matterhorn, the Eiger of all candles was just a landmark in time, the graphic translation of a new age starting, or ending... depending on where you are.
They need money making people, big fortunes, go, necessarily go, to lay their precious profits in the right hands... investment banks, hedge funds... Its a huge industry. Its THE industry and the kind of people who still hold the suppreme power in our days, way above politicians and legislative actors. Its not only the money. Its power. They RULE over us.
Who needs gold when you can x5, x10 or x20 stocks like Nvidia or Tesla? Not to mention the run of Apple, Microsoft or Google in the last 2 decades. How much was it? x20? Pfizer anyone? A 70% rise in gold is not enough for their usual profit rates. Of course they dont want to miss a gold run, but they need to keep it down and tamed. The real league is at the stock market and its multiple twisted rackets, manipulations, and chimeric avatars. The banks, the big 4, the clearing houses, the Moody,s and... crypto! The new casino in town, which is just a part of this big Las Vegas. Gold is the enemy, simple as that.
What is to come, as you put it, not today, not tomorrow, but soon, will not be limited to the LME or CME, not even to commodities but to equities. What happened to paper silver was just a rehearsal, an appetizer. The stock market cant just sit on paper and digital shadow theatre forever. Sure, the big players will steal all they can as Webb anticipated in his Great Taking. But the theatre, the Hollywood, will be over... And for actors, that means death. Maybe some of them will be able to recycle in Bollywood, but I strongly doubt it.
I didn’t trim any miners but I did pick up a few more leaps. And I have some cash for opportunities. “ This time is different “🤣. This time I am not in a panic, but prepared for a wild ride and weirdly looking forward to the future.
I imagine it certainly shook out the latecomers who thought it was a one way bet all the way to millons🤡. Price retraced around 2 weeks so i only lost some super normal profits - and am still substantially up. And mildly amused that i forgot what happened when silver had the audacity to breach 30 dollars in 2020. I watched that ambush in real time
‘Did China help engineer the crash to secure physical at a discount? Were those Beijing meetings about surrendering terms for that lease? Is this why Britain suddenly approved China’s controversial “mega embassy” in London just weeks before Starmer’s trip?
I’m speculating. I don’t have proof. But… Coincidences pile up.’
Looking at the scant details available about the ‘mega embassy’ it sounds more like a different kind of operation.
HuffPost 20/01/26
//The embassy will be set up on the old Royal Mint Court near the Tower of London and will replace seven separate buildings across the city.
At 20,000 square metres, it will be the biggest embassy of its kind anywhere in Europe – and near the fibre optic cables which carry vast quantities of highly sensitive data for the UK financial sector.//
So talking speculatively again, where is the European version of the recently announced Hong Kong SGE/BRICS gold-backed international trade settlement currency system hub likely to be based?
Could it be in London - the centre of global Au trade for several centuries, and current home to vast amounts of gold? I’m speculating whether that ‘embassy’ at Royal Mint Court(!) might turn out to be a big, golden bank?
Well, sadly I can't comment (blocked like many others here that posted inquisitive comments) but his premium graph is inaccurate. Shanghai was closed on Friday night. So it's normal that the premium exploded. But till today it persists (albeit lower than Friday night), so it's not invalid. But it needs context.
Jensen is like a dog chasing a car that's left the neighborhood & is already on the expressway 🎭
Those of us paying attention concerning what David promotes as "new" already knew the West/East *new* paradigm to be *true*, well over a month ago...
I suggest you get better sources 💡
Yes, China's *new* embassy will be part of the *new* BRICS+ reserve currency, probably more of a vault than a hub (since it is located on the former site of The Royal Mint) +++ given it's embassy status able achieve *special* hands-off considerations that The West would only violate under excuse of *war*.
Great place to facilitate logistical operations of *securely* transferring large, heavy shipments out of England 😉
Brilliant stratagem by Emperor XI, who must have the UK over a barrel to get them to sign off on this move...
On the serious side, I REALLY appreciate your reveals about manipulations that go on in the COMEX/LBMA. For one thing it's fascinating, but more importantly I'd like to dodge future bullets if possible.
The world's new industrial evolution faces a shortage of every metal you can think of needed for the advancement of AI, electrification (for vehicles) and technological systems, etc. Logically, it's just a matter of time before these metals become unavailable at whatever price. The ramp-up to production and eventual refining will take more than a decade for supply to meet demand.
Demand for Silver (all metals) already exceeds available supply. At some point, there will be a shock event that can't be manipulated when silver becomes unavailable. It's not an opinion, it's math. That's when silver reaches true price discovery. At what price? A lot more than where it's at now. The same goes for all metals. Fiat does not produce metals; exploration, mining and refining do.
Well, if you had a container of Ag/Cu you'd probably never have washed up to begin with, unless you let it go 😵
Scenario: You're time machined into the middle of 2028, the political mania is unprecedented; Would you want to be holding $100,000 Silver you bought today (2/2/2026) -or- would you want it in U$D?
What calls did you buy? I am not a miners guy...physical only. Great read...and pretty much what I figured was going on. Trying to keep one step ahead of all the bullshit on X...its tiring.
Well, I have a daily digest (https://no1sdailydigest.substack.com/) to weed out the chaff. Trying to automate reading through 2,000 tweets a day 😉. And providing it as a service to the community.
The ETFs are not for the long term. They are literally sitting ducks. SLV now holds about 16,000 tonnes of silver. I assume China will take 25% and the UK will foot the bill.
Eventually, SLV will be drained completely. Before that happens, SLV shares will start trading at discount (because someone will smell a rat).
Therefore, if you really want to have exposure to silver you need to store the physical yourself.
According to multiple reports, retail and mainstream asset manager portfolios still hold only a minimal allocation to precious metals. If the current bull market continues, we could eventually reach the point where portfolio weights begin to rise. Given how small the precious metals market is relative to global portfolio assets, even a modest reallocation could have a meaningful price impact.
Retail sentiment, on the other hand, tends to move like a leaf in the wind — it can reverse quickly after sharp moves—just an observation from watching these cycles over the past three decades.
This is my personal view and not investment advice.
Anecdotal: My best friend went to ca$h this weekend, asking me about Gold & Silver as they've *never* even thought about PMs, always an index brokerage fund guy.
At this point in the Crony Capitalist Circus I won't offer *hard* advice to anyone *close to me*, but they all know what I've done, but he's done with the his "advisor" & asked assertively, so, I did bring him up-to-date on my knowledge of the Ag crisis, always suggesting he do his own research first before deciding what to divert his brokerage account into (which is considerable).
There was a time when U$D or Treasury Direct was a *safe* place to park during times of uncertainty, but that's no longer true 😵💫
If my best friend/brother is starting to notice something's *off* (he only trusted his advisor to date), it's about to get *sporty* out there, sir.
When trust in institutions wobbles, and people seek anchors again, I sometimes wonder whether the deeper issue is the nature of money itself. If the measuring stick keeps changing, can the structure built on top of it stay stable?
Playing devil's advocate here - currency *is* money. The real question is what backs it.
Trust in government? 100% failure rate throughout history. Every time.
Gold and silver? That actually works.
Currency is just the physical form we transact in. The backing determines whether it holds value or eventually implodes. The distinction between "currency" and "money" is semantic - what matters is whether there's something real underneath or just promises.
Anyone with any understanding about JP Morgan’s recent announcement that it was moving its silver trading dept to Singapore please give us your thoughts about their motivation.
To me that explanation never made much sense. This can easily be done from NY or LA. I mean, the internet is fast enough. And your servers can be located there, no need to move the whole department.
I for one do not understand this move. Hoping that someone could shed some light!
But that would be kind of a declaration of War. Say something like "pay every Canadian (not imported ones) 100K CAD"? But is that worth the contents of PSLV's vaults?
The cognitive divide you mentioned also applies to the financial press, which is totally compromised and became the new muppet show.
In their Monday headlines they were happily announcing gold to 4.4 k, letting go their gold fear porn. At the same time, new all time records in the Spanish IBEX31 was reached. When I checked gold in the evening it had bounced to 4.9k. The cliff candle, the Matterhorn, the Eiger of all candles was just a landmark in time, the graphic translation of a new age starting, or ending... depending on where you are.
They need money making people, big fortunes, go, necessarily go, to lay their precious profits in the right hands... investment banks, hedge funds... Its a huge industry. Its THE industry and the kind of people who still hold the suppreme power in our days, way above politicians and legislative actors. Its not only the money. Its power. They RULE over us.
Who needs gold when you can x5, x10 or x20 stocks like Nvidia or Tesla? Not to mention the run of Apple, Microsoft or Google in the last 2 decades. How much was it? x20? Pfizer anyone? A 70% rise in gold is not enough for their usual profit rates. Of course they dont want to miss a gold run, but they need to keep it down and tamed. The real league is at the stock market and its multiple twisted rackets, manipulations, and chimeric avatars. The banks, the big 4, the clearing houses, the Moody,s and... crypto! The new casino in town, which is just a part of this big Las Vegas. Gold is the enemy, simple as that.
What is to come, as you put it, not today, not tomorrow, but soon, will not be limited to the LME or CME, not even to commodities but to equities. What happened to paper silver was just a rehearsal, an appetizer. The stock market cant just sit on paper and digital shadow theatre forever. Sure, the big players will steal all they can as Webb anticipated in his Great Taking. But the theatre, the Hollywood, will be over... And for actors, that means death. Maybe some of them will be able to recycle in Bollywood, but I strongly doubt it.
What a fantastic written article! Just shared it with my boys. Thank you 🙏.
I didn’t trim any miners but I did pick up a few more leaps. And I have some cash for opportunities. “ This time is different “🤣. This time I am not in a panic, but prepared for a wild ride and weirdly looking forward to the future.
2008 taught me a lot of lessons
I imagine it certainly shook out the latecomers who thought it was a one way bet all the way to millons🤡. Price retraced around 2 weeks so i only lost some super normal profits - and am still substantially up. And mildly amused that i forgot what happened when silver had the audacity to breach 30 dollars in 2020. I watched that ambush in real time
Me too, hence I said it was a mechanical grind. Not a panic flush. I know the difference🙄.
‘Did China help engineer the crash to secure physical at a discount? Were those Beijing meetings about surrendering terms for that lease? Is this why Britain suddenly approved China’s controversial “mega embassy” in London just weeks before Starmer’s trip?
I’m speculating. I don’t have proof. But… Coincidences pile up.’
Looking at the scant details available about the ‘mega embassy’ it sounds more like a different kind of operation.
HuffPost 20/01/26
//The embassy will be set up on the old Royal Mint Court near the Tower of London and will replace seven separate buildings across the city.
At 20,000 square metres, it will be the biggest embassy of its kind anywhere in Europe – and near the fibre optic cables which carry vast quantities of highly sensitive data for the UK financial sector.//
So talking speculatively again, where is the European version of the recently announced Hong Kong SGE/BRICS gold-backed international trade settlement currency system hub likely to be based?
Could it be in London - the centre of global Au trade for several centuries, and current home to vast amounts of gold? I’m speculating whether that ‘embassy’ at Royal Mint Court(!) might turn out to be a big, golden bank?
This also chimes with the above:
https://open.substack.com/pub/jensendavid/p/shock-silver-price-premium-in-shanghai?r=38ex91&utm_medium=ios&shareImageVariant=overlay
Well, sadly I can't comment (blocked like many others here that posted inquisitive comments) but his premium graph is inaccurate. Shanghai was closed on Friday night. So it's normal that the premium exploded. But till today it persists (albeit lower than Friday night), so it's not invalid. But it needs context.
Jensen is like a dog chasing a car that's left the neighborhood & is already on the expressway 🎭
Those of us paying attention concerning what David promotes as "new" already knew the West/East *new* paradigm to be *true*, well over a month ago...
I suggest you get better sources 💡
Yes, China's *new* embassy will be part of the *new* BRICS+ reserve currency, probably more of a vault than a hub (since it is located on the former site of The Royal Mint) +++ given it's embassy status able achieve *special* hands-off considerations that The West would only violate under excuse of *war*.
Great place to facilitate logistical operations of *securely* transferring large, heavy shipments out of England 😉
Brilliant stratagem by Emperor XI, who must have the UK over a barrel to get them to sign off on this move...
Great pep talk coach! Just what I needed. :)
On the serious side, I REALLY appreciate your reveals about manipulations that go on in the COMEX/LBMA. For one thing it's fascinating, but more importantly I'd like to dodge future bullets if possible.
With Stamer at the wheel a London capitulation should be guaranteed. Loved the Obi-Wan!
The world's new industrial evolution faces a shortage of every metal you can think of needed for the advancement of AI, electrification (for vehicles) and technological systems, etc. Logically, it's just a matter of time before these metals become unavailable at whatever price. The ramp-up to production and eventual refining will take more than a decade for supply to meet demand.
Demand for Silver (all metals) already exceeds available supply. At some point, there will be a shock event that can't be manipulated when silver becomes unavailable. It's not an opinion, it's math. That's when silver reaches true price discovery. At what price? A lot more than where it's at now. The same goes for all metals. Fiat does not produce metals; exploration, mining and refining do.
Agree 100%. If you wash up on a desert island with a suitcase full of cash, you will starve to death in two weeks.
Well, for that matter, if you wash up with a container full of silver or copper, you'll equally starve 😂
Yes, but at least you'll be able to build an AI datacenter before you die.
Well, if you had a container of Ag/Cu you'd probably never have washed up to begin with, unless you let it go 😵
Scenario: You're time machined into the middle of 2028, the political mania is unprecedented; Would you want to be holding $100,000 Silver you bought today (2/2/2026) -or- would you want it in U$D?
Well, I think I would prefer bitcoin I think. Because our Mighty Lord Saylor says it'll be a few trillions by then! /s
All hail mighty Lord Saylor 🙇
Seriously though, answer the *question*, yes you can substitute anything, has to = $100k though....
You already know my answer 😉
But if I have to choose, I think I would choose gold, not silver. Gold performs less erratic over longer periods of time.
What calls did you buy? I am not a miners guy...physical only. Great read...and pretty much what I figured was going on. Trying to keep one step ahead of all the bullshit on X...its tiring.
Well, I have a daily digest (https://no1sdailydigest.substack.com/) to weed out the chaff. Trying to automate reading through 2,000 tweets a day 😉. And providing it as a service to the community.
One of the first posts I read every day.
This is The Way ☬
The ETFs are not for the long term. They are literally sitting ducks. SLV now holds about 16,000 tonnes of silver. I assume China will take 25% and the UK will foot the bill.
Eventually, SLV will be drained completely. Before that happens, SLV shares will start trading at discount (because someone will smell a rat).
Therefore, if you really want to have exposure to silver you need to store the physical yourself.
💯. Or in vehicles like PSLV that do trade at a premium at times.
PSLV can also be raided. It is located in Canada after all.
Never trust a snow Mexican 😉
I thought the 40% dive was due to the nomination of the new Fed chairman. Should I stop listening to mainstream media?
🤦♂️ 🤣
¯\_(ツ)_/¯
According to multiple reports, retail and mainstream asset manager portfolios still hold only a minimal allocation to precious metals. If the current bull market continues, we could eventually reach the point where portfolio weights begin to rise. Given how small the precious metals market is relative to global portfolio assets, even a modest reallocation could have a meaningful price impact.
Retail sentiment, on the other hand, tends to move like a leaf in the wind — it can reverse quickly after sharp moves—just an observation from watching these cycles over the past three decades.
This is my personal view and not investment advice.
💯
Anecdotal: My best friend went to ca$h this weekend, asking me about Gold & Silver as they've *never* even thought about PMs, always an index brokerage fund guy.
At this point in the Crony Capitalist Circus I won't offer *hard* advice to anyone *close to me*, but they all know what I've done, but he's done with the his "advisor" & asked assertively, so, I did bring him up-to-date on my knowledge of the Ag crisis, always suggesting he do his own research first before deciding what to divert his brokerage account into (which is considerable).
There was a time when U$D or Treasury Direct was a *safe* place to park during times of uncertainty, but that's no longer true 😵💫
If my best friend/brother is starting to notice something's *off* (he only trusted his advisor to date), it's about to get *sporty* out there, sir.
🕚
When trust in institutions wobbles, and people seek anchors again, I sometimes wonder whether the deeper issue is the nature of money itself. If the measuring stick keeps changing, can the structure built on top of it stay stable?
"the nature of money itself."
There's nothing wrong with Gold & Silver, their "nature" hasn't change in millenia...
I believe you're thinking about "the nature" of *FIAT* "currency" 😉
Touché 🙂 I should have said fiat currency system, not money in the classical gold/silver sense. That distinction matters — thanks for pointing it out.
Yeah, we've been conditioned to think of "currency" = money.
We may well be living during a time where the concept of "legal tender" may be radically revolutionized.
"Batten down the hatches, prepare to dive!" 🌊 🚢
Playing devil's advocate here - currency *is* money. The real question is what backs it.
Trust in government? 100% failure rate throughout history. Every time.
Gold and silver? That actually works.
Currency is just the physical form we transact in. The backing determines whether it holds value or eventually implodes. The distinction between "currency" and "money" is semantic - what matters is whether there's something real underneath or just promises.
You’re right — and what surprised me most is that I actually know the distinction well. Shows how deeply the fiat vocabulary creeps in 🙂
Ballast tanks adjusted — ready to submerge.
Anyone with any understanding about JP Morgan’s recent announcement that it was moving its silver trading dept to Singapore please give us your thoughts about their motivation.
Law and Order jurisdiction with neutral/friendly ties to the West and East, while being physically close to China?
To me that explanation never made much sense. This can easily be done from NY or LA. I mean, the internet is fast enough. And your servers can be located there, no need to move the whole department.
I for one do not understand this move. Hoping that someone could shed some light!
Always grateful f.or your insight.
Only did, do, will do the REAL PHYTHING!
PSLV can also be raided. It is located in Canada after all.
But that would be kind of a declaration of War. Say something like "pay every Canadian (not imported ones) 100K CAD"? But is that worth the contents of PSLV's vaults?