Bill’s Commentary:
“Gold $4,000 and Silver $50… be careful what you wish for!”
Gold and silver finally had explosive runs and have become extremely overbought. They are both due a correction while the dollar gets a relief rally… this would be normal. But, we live in anything but normal times…!
I have said for 10 years now that gold/silver would ultimately fail to deliver and take the global derivative edifice down. I believe we are very close. If you bought gold or silver for asset protection, even if they pull back so what? This, I believe, is “the rally you never sell” as described by my late partner, Jim Sinclair. We are currently living through the biggest global financial change in over 50 years. During every financial upheaval in man’s history, holding gold prior to, and through the tumult turned out to be THE BEST HOLDING.
If the metals do pull back, who cares? The collapse will mathematically come. “Trading” and trying to pick a top and hoping for re-entry is a fool’s game at the end of an empire. The only thing that will financially matter once markets break will be how many ounces you own versus how many assets you have being gobbled up by the system, period! Expect a pullback, even hope for one. Because if the metals fail to deliver and price goes parabolic, it means immediate societal breakdown. I have always cautioned when people talked about gold and silver to the moon, BE CAREFUL WHAT YOU WISH FOR!
Bill is interviewed by Metals and Miners (Also posted under Interviews)
Bill’s Commentary:
“Hi Ho Silver!”
Bill’s Commentary:
“Is silver (and gold) due a pullback? Of course they are and in normal times the pullback could be 10% or even more. The state of the silver market today does not resemble normal under any definition. If lease rates are 19% in London, that tells you the market is thoroughly broken, price will ultimately reflect this… “
East Meets West: Silver Spike Shatters Records—$59 on JD.com, London Lease Rate Explodes to 19%
JD.com has silver listed at $59 per ounce. With 1 kilogram equaling 32.1507 troy ounces, that works out to about $1,900 per kilogram. This highlights soaring premiums in China and the desperate scramble for physical metal.
Now we interrupt this news article to pivot to the West
The 19% Lease Rate Shock: China’s Secret Silver Empire and a Global Market on the Brink
This is not just another price spike. The world is witnessing an unprecedented unraveling of the silver market—one that pundits, economists, and policymakers everywhere will remember as the point at which physical reality overwhelmed financial illusion.
BillHolter.com 
Thank you pamelamoves@gmail.com
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