SILVER GOLD SLAMMED OVERNIGHT & COMEX OPEN

No video

SILVER GOLD SLAMMED OVERNIGHT & COMEX OPEN

Рет қаралды 34,138

Күн бұрын

Win 500 Silver Coins, enter here: SDBullion.com/...
SUBSCRIBE to Our Channel: www.youtube.co... What did it feel like, being a short term Gold Silver bull today? How about this, Charlie?
With today's phony US Gov't BLS Jobs report (called the Non-Farm Payrolls or NPLs) - It was not hard to know that gold silver shorts would use that fake US government report at 8:30 AM Eastern time this morning to come flooding in with mass trading volume sales, looking to break gold silver long's stop losses.
What was hard to guess was that China's PBOC would overnight halt what was 18 months of straight Chinese Gold Reserve buying. Of course, reporting during seemingly lawless City of London hours to help kick off waterfall price declines of nearly -$100 an ounce price decline in today's spot global gold market trading.
We'll soon make educated guesses about where we might go in the short and medium term.
The spot silver and gold markets were slammed to close this week.
The spot gold price closed just under $2300 oz bid while the spot silver price finished just above $29 oz bid.
The spot gold-silver ratio climbed to close at 78.
We alerted our bullion-buying customers today to the spot price sell-off. Luckily, inventories are pretty flush for the moment, and thus, price premiums over spot for many proper silver and gold bullion products are thin for customers to prudently acquire over this weekend:
--- www.SDBullion.com/deals ---
For those buying the bullion market, take advantage of the spot price weakness this weekend and potentially into next week.
That will be all for our weekly SD Bullion Market Update.
And as always to you out there, take great care of yourselves and those you love.
--
Royalty-Free Music & Copyrighted Music provided by:
------------------------------
Home by SEUBi / filo-starquez
Creative Commons - Attribution - ShareAlike 3.0 Unported - CC BY-ND 3.0
Free Download / Stream: tinyurl.com/r8...
Music promoted by Audio Library tinyurl.com/my...
• Home - SEUBi (No Copyr...
------------------------------
Time to Shine by tubebackr & Popsicles / tubebackr / popsiclesmusic
Creative Commons - Attribution-NoDerivs 3.0 Unported - CC BY-ND 3.0
Free Download / Stream: tinyurl.com/3h...
Music promoted by Audio Library tinyurl.com/yb...
• Time to Shine - tubeba...
------------------------------
Liberation Forces by Ghostrifter Avalon / ghostrifteravalon
Creative Commons - Attribution-NoDerivs 3.0 Unported
Free Download / Stream: tinyurl.com/56...
Music promoted by Audio Library tinyurl.com/ru...
• Liberation Forces - Gh...
------------------------------
As Autumn Leaves Fall Around by Babasmas / babasmasmoosic
Creative Commons - Attribution-ShareAlike 3.0 Unported - CC BY-SA 3.0
Free Download / Stream: bit.ly/3ihjphD
Music promoted by Audio Library bit.ly/3LoYJA3
• As Autumn Leaves Fall ...

Пікірлер: 164

@sdbullion 2 ай бұрын

Do YOU LIKE these Weekly Bullion Market Updates?! SUBSCRIBE kzfaq.info

@nikchilli 2 ай бұрын

Yes !!

@MybullionClub 2 ай бұрын

excellent content mate !

@ericbergman7546 2 ай бұрын

Interesting! If i had that capital, i would have some flexibility. I would consider diversifying across different asset classes.

@christopherherbert2407 2 ай бұрын

Absolutely. It's crucial to have a well-thought-out plan, especially considering the current state of the global economy.

@Sanchyfab 2 ай бұрын

I agree. Given the uncertainties, it might be wise to allocate a portion to safer options like bonds or fixed income securities.

@AliciaCrone 2 ай бұрын

But don't forget about growth potential. You'll want to balance safety with opportunities for higher returns, maybe through a mix of stocks and real estate.

@georgeearling905 2 ай бұрын

Market conditions can change rapidly, impacting the performance of different asset classes.

@georgeearling905 2 ай бұрын

It's all about having a well-diversified portfolio that can weather various economic conditions and deliver long-term growth.

@greyballer1671 2 ай бұрын

Been buying mostly silver for 5ish years. Paid from 33 to 13... dont care. My average is about 24 an ounce. When I need to sell it, you wont be able to buy it for any amount of fiat paper money..

@BigRedOne-xj8br 2 ай бұрын

💯

@Sparta1993 2 ай бұрын

Then what will you sell it for ?

@rockytop6077 2 ай бұрын

@@Sparta1993retirement 😂

@pandorasbox9294 2 ай бұрын

I’m average $15.50

@zed332l 2 ай бұрын

Got my first silver ealge s 4.00 dollars and gold at XXX.00

@doctoruttley 2 ай бұрын

Just paper manipulation. The real stuff will be nearly priceless when the panic sets in. 💸

@michaelbouillon1241 2 ай бұрын

™

@Sparta1993 2 ай бұрын

They said that in 2008 and people are still waiting

@AikiBudo22 2 ай бұрын

@@Sparta1993 The difference now is that Russia, China, Turkey and India weren't taking delivery by the ton on PMs back in '08. Now they are and the naked shorts are being exposed. The con will be over at some point.

@swilliams937 2 ай бұрын

The 7% drop in spot didn't phase me, but the concerning thing to me is the ever widening gap between premiums and buyback prices.

@markbirchette8740 2 ай бұрын

I started buying pre 64 silver in jr high. 59 now. I remember $5 oz silver. I'm happy with my gold and silver.

@TeddyBess 2 ай бұрын

That's exactly the correct way to stack.

@deehendon4204 2 ай бұрын

Nothing has changed. Debt and debasement continues. Be patient

@diannebateson8556 2 ай бұрын

Yes I do like these weekly updates

@BB-gb2eq 2 ай бұрын

The nine most terrifying words in the English language. "I'm from the government, and I'm here to help." Ronald Reagan

@onetoo6379 2 ай бұрын

Change your tampon fluffy

@keithledford6652 2 ай бұрын

He banned fully auto weapons, gave amnesty to 3 million illegals, started no fault divorces among several other disastrous policies so that was probably his guilty conscience speaking

@Lexman00 2 ай бұрын

@@keithledford6652 The amnesty was a good move. And no fault divorce is bad is better when you really think about it.

@ponolovefarms3926 2 ай бұрын

Bought 2 buffaloes and an eagle yesterday

@FabiWann 2 ай бұрын

I hope it goes down to $26-27 so that I can buy more silver for less FIAT before it shoots to $40 and higher.

@dont.ripfuller6587 2 ай бұрын

I hope it goes down to $18 again and gold goes back to $1200.

@Stone881 2 ай бұрын

I am a buyer at 26.50 as well

@19phift4 2 ай бұрын

I don't remember what my metals cost. I like sleeping at night

@greyballer1671 2 ай бұрын

Doesn't bother me. Im a blue collar guy that started stacking 5 years ago. Up to arround 100k. Rather have metal in the safe then 1.5 bitcoin. Rather have my metal then 10 bitcoin if I have to hold it long term. If I could sell it tomorrow, Id take the ten bitcoin and spend the 700k at SD asap

@doctoruttley 2 ай бұрын

Good job man! 👌🏻

@kpmoresco 2 ай бұрын

It's not either or.

@Stone881 2 ай бұрын

It's a great plan until the shtf and you need to move far and fast. Hold some btc for that day.

@SergiuM42 2 ай бұрын

@@Stone881you can sell gold anywhere in the world

@Agooo13431 2 ай бұрын

So glad the prices broke down. It gives me a buying opportunity.

@graemelaw7596 2 ай бұрын

fill ya boots

@jtstachsag7564 2 ай бұрын

Ordered another kilo silver from you guys today. Dollar cost averaging is the way to go. Especially at a $1.80 beat down.

@buyystocks 2 ай бұрын

I picked up a kilo monkey for $995.

@brokenspell4851 2 ай бұрын

I don’t care about daily moves.

@viennaweiss8470 2 ай бұрын

Well, only to take advantage of the price drops, otherwise I'm in it for the looong haul.

@patrickdavidson4196 2 ай бұрын

I'm nearly past caring about the weekly!

@MP-th4nx 2 ай бұрын

Keep the belief and hold the line. Our day will come. ... Thanks James.

@fernandinand 2 ай бұрын

It's a war...you need consistency to overcome it.

@winstonsmiths2449 2 ай бұрын

I am still waiting for the real drop in metals before using my stand-by stash of fiat for metals.This drop was expected, so no fear, no sell. There is never a jobs report that is not adjusted down a month or two later. They lie to prop up the markets and suppress prices.

@rockytop6077 2 ай бұрын

Probably wise

@jean-louislalonde6070 2 ай бұрын

We've seen this movie before...

@zstroud5698 2 ай бұрын

Woke up today to find silver price down. so I bought more silver! Love purchasing from SD Bullion!

@Meowmeow.age.6 2 ай бұрын

I closed my GLD 2025 and 2026 LEAPS on Thursday and before I went to bed that night I was thinking to myself, "why did I close my gold calls today?" I am scaling back in on GLD calls. I don't have a firm belief on what the price of gold should be. I think it is priced right for right now. It is not set in stone if the US government goes further in debt and eventually defaults or that rapid inflation continues. I can see a Republican sweep coming and I can also see a Republican congress and President and Democrat senate being unable to pass massive spending bills - resulting in austerity and a shrinking money supply with interest rates heading south.

@19phift4 2 ай бұрын

Is your vision 20-20? Remember the uniparty of marxist in corrupt to the core DC

@VegasStacker702 2 ай бұрын

Buy buy buy

@user-rj6cp6kb7z 2 ай бұрын

I bought 100 more from you guys; then the price got slammed. I don't give a shit! I will keep buying before it hits $50!

@VegasStacker702 2 ай бұрын

I've been buying all week. I will have a couple videos about my purchases out next week

@TheKlaus3001 2 ай бұрын

Buying since it was 16€. I'm still buying. Don't hold fiat paper anymore.

@gservices8888 2 ай бұрын

Keep buying silver bars......it has been under value...... Silver is like white gold...... The actual value is 50 times its actual vslue...... Just immagine there is no more gold.......silver will be ur white gold....

@magoo6475 2 ай бұрын

Personally, I believe this is a battle between good and evil.

@19phift4 2 ай бұрын

I believe you're correct.

@BatmanBoss 2 ай бұрын

Thanks James

@StackItToTheRafters 2 ай бұрын

These videos are awesome! Great information and editing. Very fun to watch.

@francoissimmer5394 2 ай бұрын

ce n est la dette de personne .. les matières premières , les métaux se feront rares avec les années ... ce qui est rare est cher !! 😂

@kpmoresco 2 ай бұрын

Yesterday was a coordinated attack against. $usd hedges: gld-3%; slv - 6.5%; btc -3%. Someone in government is getting nervous

@fcaviggia 2 ай бұрын

BLUF: SGE/SFE closed due to holiday and BLS manipulation - shenanigans ensued.

@Evom777 2 ай бұрын

It's a house of cards that can easily be broken. They've known it even before the Hunt Brothers. The LBMA admitted that they were almost broken by the Reddit silver squeeze a few years ago.....and that was a small, barely organized group. So spread the word about honest money, and take it all......take everything off the secondary market. Take it all.

@kenpeters9807 2 ай бұрын

Physical silver in Shanghai nearly $36. Paper silver on Comex $29.13. Unemployment figures way up, restaurants closing all across our country, but employment up? Hmmm. Maybe everyone is so hard up for money that they are taking any job available, or just more government B.S.

@BST41 2 ай бұрын

A tear comes to my eye every time I hear you say take great care of yourselves and the ones you love, that has always been my plan. Thanks, James!

@lordphilerojas 2 ай бұрын

I looked at the chart this morning and expected silver to drop so don't know why everyone is surprised.

@Milo_Minderbinder 2 ай бұрын

It's so obviously a flash in the pan by western commercials.

@robinhood4402 2 ай бұрын

Ignore the comment about memes. It doesn't make you unprofessional, it makes you relevant and current.

@sdbullion 2 ай бұрын

didn't see it yet, but yea memes and images communicate faster and more profoundly in many ways

@johnyaniuk1254 2 ай бұрын

Seemingly lawless City of London hrs... 😂

@comebackcity1796 2 ай бұрын

a patented well written line

@thegreatpumpkinsloftiestcr315 2 ай бұрын

The price riggers are desperate…it’s only a matter of time before the LBMA Is exposed for what it is.

@averagelibertyenjoyer3217 2 ай бұрын

Grug no care for paper rectangle. Grug like shiny rock.

@jamesonealbrown7227 2 ай бұрын

Ogg like woman … Ogg like drink … Ogg like shiny …🌎🗿™️

@busymikey 2 ай бұрын

They can print paper longer than you can stay solvent

@zed332l 2 ай бұрын

People , I AM not giving advice If you have it in your hand relax and enjoy......

@Silvertarian 2 ай бұрын

Comex out here defying all logic.

@user-ph2qg1iz9u 2 ай бұрын

GROY TMC and AG 🚀🚀🚀

@dajjalmohammadmulhidpeer5198 2 ай бұрын

Charlie would be rolling in his grave learning about this Gold price action of today. 😂😂

@takusungjung3894 2 ай бұрын

let silver continue to slide more silver for the informed public lol that know about its real value

@adams0960 2 ай бұрын

Thank you

@JohnThompson-hc8bd 2 ай бұрын

Dollar cost average. I stoped buying two months ago and now I have 3 times as much cash to buy now. Keep stacking!

@extremehobbiest2619 2 ай бұрын

The team at SD Bullion is fantastic! I Love Harry and Adrian's show also at Harry's gold in Oregon. Very articulate and facts filled. I have been buying silver for years. I have never had lectures this fun and business filled. Thank you, God's blessings to all of you. Jimmie

@ogluster8873 2 ай бұрын

Adde lucky number 13 ozt to my gold stack for less than what spot has been for the past few weeks. Thank you manipulators.

@Homeland. 2 ай бұрын

It's 9:49pm June 8th west coast and WOW.

@BlueWaterSTAX 2 ай бұрын

Backup the truck. I love cheap silver , especially that $100 face bag of 90% weekly special at SD Bullion. Thanks James

@ddprepper5227 2 ай бұрын

Excellent report

@chrismo2922 2 ай бұрын

And who believes the chyneez ??

@imaspy83 2 ай бұрын

Ya exactly, it suspicious why they would announce they are not buying gold

@valerieprice1745 2 ай бұрын

The markets were falling too. Late rescue by the plunge protection team, but when gold and silver drop with stocks, I usually look for a major pullback in stocks, and I mean major. We'll see what happens.

@jeffkeller9009 2 ай бұрын

I think todays manipulation was to hurt physical buyers and sellers, Trying to drive out real metal owners to just be only paper owners.

@jonnyincognito899 2 ай бұрын

Unphased- picked up 4 gold 🍁 's 💪

@jamesjuranek2359 2 ай бұрын

I bought some 5 oz silver bars last weekend. Y’all’s sales are great

@DutchLibertarian 2 ай бұрын

Thanks for the updates James 🙏🏻

@ferebeefamily 2 ай бұрын

Thank you for the information.

@wingrovedl 2 ай бұрын

Thank You, James ! 🤓

@futureoutfit 2 ай бұрын

I got 27 charted. Bring it on

@viennaweiss8470 2 ай бұрын

As soon as my local gold seller opens I'm going to make another large purchase, this is the best time to do it, and I wasn't even expecting it, so it's a bonus!

@graemelaw7596 2 ай бұрын

lol,fill ya boots

@joncooke9515 2 ай бұрын

Warren Buffet said price dips are sales. I bought more today.

@jonyD143 2 ай бұрын

I lost heavy with Gold futures option and my micro silver contract man. I thought we would at least retest 32.50 for a triple top, then tank.

@sdbullion 2 ай бұрын

Day trading in these seemingly lawless hyper-levered markets?! Good luck, you'll need it by the ton

@jonyD143 2 ай бұрын

Thanks 😅@@sdbullion

@georgehubbard6876 2 ай бұрын

Fiat's manipulative grip is withering to extinction. Buckle up and hold your metals and look to increase stack with the pullback. Gold is the money of kings. Fiat paper is the money of slaves.

@l.a.mottern3106 2 ай бұрын

I suspect China can get plenty of silver from North Korea. They have silver mines ;-)

@MyMicl 2 ай бұрын

The bigger the slam the bigger the coming settlement. The king has no cloths and his fiat/USD has no Saudi oil - 50 yr contract to sell oil in only in USD ends tomorrow. Brics have agreed to back currency with 40% gold and looks like China/Brics have enough now to cover the the new currency. The great gold silver revaluation coming? Is the metal slam to get out of shorts? We will see.

@gw10758 2 ай бұрын

Get ready to back up the truck boys and girls.

@user-oe8pd4rn4b 2 ай бұрын

I knew it

@SuperGiantGeckosLLC 2 ай бұрын

Just do the real math paper400 : 1 physical

@markadkins9290 2 ай бұрын

Great stuff!

@joeldahl4134 2 ай бұрын

Bought some Constitutional Silver and buy the end of the day I placed 3 orders. Yikes

@rd9102 2 ай бұрын

Glad Gold and Silver went back down. I was able to buy my first ounce of Gold. Also able to get a better price for more Silver and my stack. Hopefully they go down some more as i have more to add to my stack and don't want either of them to go up too much before i am able to get my stack closer to completion.

@jayjenkins6021 2 ай бұрын

Paper slams are just buying opportunities! Not worried even a little... patience my friend.

@HeierMr 2 ай бұрын

nobody does it better than SD

@kasRose311 2 ай бұрын

Still buying

@UPdan 2 ай бұрын

You didn't mention on June 9th 2024 the petrodollar ended?

@MybullionClub 2 ай бұрын

27.70 seems to be a solid demand level

@TheKlaus3001 2 ай бұрын

Hope the smash go's on. I LOVE to buy cheap silver 😊

@MrPatrick1414 2 ай бұрын

IMO inflation adjusted silver based on real demand for Physical is well over $100/oz. Highly leveraged criminal paper contracts need to be banned!!

@pandorasbox9294 2 ай бұрын

I bought some big Jonson collectors bars last night

@UPdan 2 ай бұрын

Since China has been drawing down silver after the visits from the Western bullion banks trapped shorting, it still becomes a hand off to India and West silver owners to destroy the Western bullion short.

@vincentblais 2 ай бұрын

Go long baby! 🎉

@seymourrivers6169 2 ай бұрын

Eastern record buying can’t go on forever.

@ToyMarston 2 ай бұрын

So much Gold,so little use

@dariusztrocyszyn4971 2 ай бұрын

Hej, actually rollercoster is good. Buy ETF, wait till price rise, sell, they smack the price. Repeat

@haleemasadia9622 2 ай бұрын

Sir silver will come down..pls guide im huge loss

@robertnakat4662 2 ай бұрын

KITKAT rolled out the RED CARPET GEOFFREY to announce a short PRECIOUS METALS spike just before a RED RUGG PULL, much like GeOffERIES RED RUG in a HURRICANE.

@johnbethea4505 2 ай бұрын

To me I believe that something must be valued by need of use and not just set by man. Out of all of the metals, I see gold the least useful of them all.

@jonodunn2592 2 ай бұрын

Really? Tell that to the computer you typed this comment on😂

@johnbethea4505 2 ай бұрын

@@jonodunn2592 I didn't say that gold was completely unusable. I said that it is the least useful.

@jonodunn2592 2 ай бұрын

@@johnbethea4505 fair enough but things aren’t valued on usability but rarity supply and demand there’s 16 times more silver than gold hence why people believe the ratio should be 16:1

@johnbethea4505 2 ай бұрын

@jonodunn2592 both have usability, but neither have rarerity. Fine art is rare, water in a desert is rare, and there are many things that are rare.