Silver goes ballistic and shakes the financial system

[nicklebleu]

I am a bit suspicious on the AI Asian Guy - so far I have found several errors, mainly in some details, whereas his overall assessment seems to be on the money. Not sure if this is just AI slop or a cointel op, where the one lie is wrapped in many truths. For now I haven’t found the one big lie - yet, but I keep looking.

 

[Aeneas]

I am a bit suspicious on the AI Asian Guy - so far I have found several errors, mainly in some details, whereas his overall assessment seems to be on the money.

Yes, some of the things appear to be rumours like Russia and China clearing out 800+ tons of silver from Venezuela just before the US intervention there. Maybe it did happen, but there hasn't to my knowledge been real verification of it. On the whole he is pretty good and brings interesting views into it like the US silver act of 1934.

There is concerted efforts to push the price of silver down as many traders still are loaded up with paper contracts. Despite that silver increased about 10% this week closing at $79.84/ounce. The BIG US banks have shifted to being long silver and so predict a big uptick in prices. BoA has put there target in a range from $135-309/ounce in 2026. That remains to be seen. It is likely that the fall out once the dust settles from this volatility in precious metals will result in some traders/banks going down.

There is a big push from what I gather, in trying to find cheaper metals to replace silver in the solar panel industry. How quickly that can happen if at all and at the scale needed is another question.

 

[Aeneas]

I found this substack, which has an article out, which basically dovetails with what the AI "Asian guy" is saying. There is a war going on in the metals market signalling that the US treasury bond is losing value fast. That would also help to explain why the US government has taken the gloves off in outright stealing resources as a desperate attempt to save the empire.

The article is So long, farewell, Auf Wiedersehen, goodbye

From the article:

The dollar’s share of global reserves collapsed to roughly 40%. Gold jumped to ~30%. That means gold is now bigger in central bank reserves than the euro, yen, and pound combined.

This isn’t diversification. This is a flight into a neutral - non devaluing - asset. Accelerating since around ‘23.

Gold gained 65% in 2025. Best year since 1979. The dollar index fell 9.4% - worst in eight years.

Silver closed 2025 up 150%. Trading around $80 now. Every fundamental I’m looking at screams shortage - industrial demand robust, supply deficits persistent for years, solar and EV adoption accelerating.

The COMEX is experiencing something between a controlled demolition and a slow-motion bank run.

December saw unprecedented delivery volumes. And the first week of January - which is normally an inactive month, we’re looking combined at ~20,000 contracts - about 100Moz - standing for delivery. December alone was 2.5x any previous December on record. And we still have more than half a month to go in January.

Huge volumes of physcial silver is leaving the COMEX ( commodities exchange heavily involved in the paper silver/ gold ponzi scheme).

January is running at triple its normal pace. In the first seven days alone, 6,321 contracts stood for delivery - that’s 31.6 million ounces. January typically sees 1,000-2,500 contracts for the entire month.

On January 8, 3.5 million ounces left COMEX warehouses. Not adjusted from registered to eligible. Left. Gone. Out the door.

On January 9, another 2.74 million ounces withdrew.

That’s over 6 million ounces drained in two consecutive days. At this pace, you’d empty the entire registered category in six weeks.

It appears like silver is the canary in the coal mine that the financial ponzi scheme is collapsing.
Silver has gone up this morning just shy of 6% whereas gold is up almost 2%. All the effort by 'experts' trashtalking the price of silver lower has not succeeded to a great extent it appears.

 

[dennis]

Update from Clive Thompson. A smoothe non-AI and hype presentation with live screenshots of market data.
Price jump overnight.

 

[Joe]

You do realize that Maduro lost his election and pulled the military card right? So Trump is factually right, look at the people celebrating in their streets, that says it all.

I think you need to get up to speed on what's really happening. This take is straight out of CNN and Fox News.

 

[Aeneas]

I looked at the prices by one big dealer which is headquartered in Austria to see what they offer. To my surprise there is a lot of silver coins on offer. Unlike before where it was just the price of individual coins, now they have graduated prices so there is one price up to buying coins up to 499 coins, then another up to 999 coins and then lastly for buying 1000+ coins. The company also sells in Switzerland, where the best price is for 2000+ coins.

The site is here Silbermünzen kaufen » sicher & preiswert | Goldvorsorge
To me that indicates that there is a massive demand and also from people buying big quantities.

 

[FM258]

I think you need to get up to speed on what's really happening. This take is straight out of CNN and Fox News.

Neither of those are my source of information. Dictators do not win fair elections. Unless you think Stalin and Putin ruled by mandate perhaps you could cut me a little slack. Im not easily influenced and use every bit of common sense I have. Where do I go to get 'up to speed?"

 

[Aeneas]

Neither of those are my source of information. Dictators do not win fair elections.

Your source may not have been CNN and Fox News but it might as well have been as it mirrored the mainstream narrative. Perhaps you need to question your thoughs as they appear to be much more influenced by the narrative machine that you would like to hear.

As for getting up to speed, the SOTT.net is a good beginning as well as the Newsreal shows with Joe and Niall. But there are many other sources which will get you up to speed and which often have articles mirrored on Sott.

 

[Aeneas]

A visual representation of the top assets by market cap as of today.

 

[Natus Videre]

A visual representation of the top assets by market cap as of today.

Despite all the buzz around AI, digitalization, and mega corporations, real assets prevail... and so does truth!

 

[Gaby]

A visual representation of the top assets by market cap as of today.

I bought a gold coin during the Christmas season from a reliable company and today, I received this e-mail :

We would like to inform you in all transparency that there is currently a delay in the preparation of our orders.

This situation is due to an exceptional volume of orders, and our teams are working hard to return to normal delivery times as soon as possible. Please be assured that your order has been received and remains our priority.

In order to enable us to process orders as efficiently as possible, we thank you in advance for your patience and understanding, and kindly ask you to limit telephone calls regarding the tracking of orders in progress. You will, of course, be notified as soon as your order has been shipped.

 

[Joe]

Neither of those are my source of information. Dictators do not win fair elections. Unless you think Stalin and Putin ruled by mandate perhaps you could cut me a little slack. Im not easily influenced and use every bit of common sense I have. Where do I go to get 'up to speed?"

Putin certainly does. And so did Maduro.

 

[Aeneas]

In another video by "Asian guy", he says that Costco sold out 2,4 million ounces of silver in 72 hours. A frenzy. Someone in the comments asked Grok if that was true, which Grok said it was.

The video is this one:

https://twitter.com/x/status/2010716142986576091

He also mentioned in another video that the spread between the physical metal in Shanghai precious metals market and the Western paper market is $8.3 with the price in Shanghai ending at $93,3 whereas on the COMEX it is about $85. That is a very large gab and signals that the two markets are splitting apart in real time.

 

[Kosma]

Well, now we a have a plot twist from "Asian guy": warning of 67% decline over the next 3 weeks:

 

[Zy1]

Haven't watched the video yet, but I'm personally thinking of purchasing a considerable amount of silver if it does have a pullback. A crash in the price may be an excellent opportunity.

Johnny Bravo [ a youtuber] also sees a good chance of the price going to around $35. He bases this on the charts. From what I've seen, he's largely accurate and extremely successful.

Due to the current shortage worldwide, as well as the demand for production purposes, I think it would be almost certain to rise again.

Certainly not investment advice. Just this monkey's thoughts.