The only way to mow. Have you ever got stuck behind a tractor on a country road with a double yellow line.
Buygold
Silver itself it’s almost touching the 200. After it broke down from that channel it started it was look out below. Hopefully it stops or premiums could get interesting.
Dow still looks strong, SP maybe but no confirmation right now. A interest rate increase isn’t great for SM either.

This sounds bigtime, headquarters of the US Fifth Fleet and Kharg island hit
The Hormuz Letter
@HormuzLetter
·
15m
BREAKING: Plumes of smoke rising from the headquarters of the US Fifth Fleet in Bahrain following the Iranian ballistic missile and drone barrage, per Tasnim.
The Hormuz Letter
@HormuzLetter
·
57m
BREAKING: Iran launches ballistic missile and drone attack on US forces and bases in Bahrain with air raid sirens now activated, per Bahrain’s Ministry of Interior.
The Hormuz Letter
@HormuzLetter
·
1h
BREAKING: Iran has launched a major ballistic missile and drone attack on Kuwait in response to the new US strikes, per the Kuwaiti Army. Massive explosions are now heard all the way to Basra, Iraq.
The Hormuz Letter
@HormuzLetter
·
3h
BREAKING: US strikes hit Iran’s Sirik Naval Base and radar sites in Goruk and Qeshm Island in the Strait of Hormuz, per CENTCOM.
Iran previously warned the disproportionate response to any new US strikes would be “1.5x harder” and “completely different and heavier.”
The Hormuz Letter
@HormuzLetter
·
4h
BREAKING: Explosions and active air defense engagement at Kharg Island, with preliminary reports of the US conducting strikes.
Goldie
I see SLV is just above the 200. I don’t know how long, but it always seems longer than we expect.
I do hope this is the beginning of a good hard selloff in the SM and we can decouple like we have in the past.
Buygold
I hold the hold the 200 ma because they have a little room to move lower.
The thing is physical inventory in both the comex and Lbma are tight already without a buying op by industrials. So how long can this selling go on before they have to raise premium prices over futures which they already have.
Silver
maddog, deer79
I think the only hope is that the SM gets going down in earnest and pm’s go down with it (maybe 10%) for a little bit before money starts coming in like it has in the past during bear markets. Even with that, how much lower can shares with low RSI’s go? We’d have to see much lower metal prices too. We have been selling off for 4 straight months already, it just seems that there’s a chance we’re leading the SM. Who effing knows with the paper players controlling every move?
Fed chair Warsh will be tested already in the June meeting. It would be helpful if the SM cratered.
Central banks continued accumulating in April according to ZH.
If Trump is truly considering gold-backed bonds in July, there’ll be buyers in advance – all insiders.
Hope stinks eternal, but if they don’t get rates and the dollar down and the SM continues down, they have problems. Maybe that’s what they want.
What I do know is that when I’m in a rage like I am right now, the bottom isn’t too far off.
Mr Copper 13:20
That’s a good thing shorting another sector so you don’t have to be emotionally involved even if not for yourself but others. I’m glad I held off buying buying more silver but picked up some gold on premium sale for my other daughter. She spent years as head of household with a severe back injury from work or mountain skiiing she wasn’t sure since was doing both but looked like work that can sneak up on her and no sudden accidents while her husband had soccer knee injuries. She gave up a lot starting with scholarships putting it off only to become injured but kept working. Her husband finally back to work last few years so she’s finally buying a house or a condo because her husband can’t do yard work. I told her without her asking Id take the closing cost and moving financial burden off her back. I started giving her phyzz out of banks little by little thinking down the road past me and not waiting till I die when ever that may be and no longer in control and give her a head start and the way things are headed. She deserves it shes a real trooper and never complained once.
What a surprise
Search Assist
The Department of Justice is conducting multiple investigations into election fraud in Los Angeles, including sending a federal prosecutor to observe ballot processing operations. This follows concerns about the integrity of voter rolls and the counting process during recent elections.
That’s what I get for not shutting out the noise and selling zsl.
Maybe the only good thing and only a maybe is if the market drops despite good jobs report and inflation since that might be their biggest concern they might lower rates or at least not raise them.
Big Boy making its way east
1.2 million lbs making its way thru ohio make the big ohio girls feel lean.
eeos
You may well be correct……shudder.
Deer79
They probably would inverse our portfolio values and demand that we owe them money! This sector is a sham a minute
And all of this carnage
in the PM sector is happening today with the DJIA ONLY down some 1.3%! I shudder to think what would happen if the stock market had a real 20-30% correction!!!!
Big Picture Au
Weekly close only shows clear A-B-C down If C = 0.618 of A then the closing target is @ 4350…ie where we are now…..If C = A then the target is @ 4050
and we have not even got near only the 38 % correction of the entire wave…..so still a v strong mkt…
Trump rages
He wouldn’t last a week in the pm markets talking about what things “should” do. He ought to thank the paper pushers, they are crushing commodities for him, helping with the inflation his war and his buddies in Congress have created. Talk about what things “should” do. I hope the market crashes on him. It’s been crashing on us for 15 effing years.
Another Thought
The best performers, like Gold, (from 2022 to 2026) have the biggest corrections, and then the biggest rebounds. Gold and Silver have been in correction since March 6th. We may be near a bottom.
Gold 5 years https://finviz.com/futures_charts?t=METALS&p=m
Indices 5 years https://finviz.com/futures_charts?t=INDICES&p=m
P.S. I’m glad I hung onto my SOXS semiconductor bear times three, up 23% today.
I’m tired of watching this depressing bullshit…
I’m going to go mow the lawn.
Is The Dow Jones In The Graveyard In The Sky Above 50,000?
I used to get the Dinesletter, and from 1968 to 1982 every time the Dow got above 1,000 he would say….The “Dow is in the graveyard in the sky above 1,000” Finally in June 1982 he flashed a long term sell on inflation related investments and made a long term Dow buy signal at 796.
Re inflation, most things cost 20 times today, the true inflation rate. However, the Dow today is 51 times more, way too far above the inflation rate. So today, June 5th 2026, Mr.Copper says The Dow Jones Is In The Graveyard In The Sky Above 50,000.
Another possibility, being most things are in reverse, even a 1929 style crash and a following deflation, with real money like Gold gaining more value is possible.
MAC addresses and Bitcoin
That’s a good point, but a MAC address is usually not one of the main ways investigators identify cryptocurrency users.
A MAC address is a hardware identifier for a network device, but:
It typically stays within your local network.
Routers on the internet generally don’t pass your MAC address from one network to another.
A cryptocurrency exchange like Coinbase usually cannot see your computer’s MAC address directly across the internet.
Investigators are much more likely to use:
Exchange records (KYC) — driver’s license, passport, address, bank account.
IP addresses — what internet connection was used.
Blockchain analysis — tracing funds between wallets.
Email accounts and phone numbers used for exchange registration.
Device fingerprints — browser characteristics, cookies, operating system details.
Bank records showing money flowing to and from exchanges.
That said, MAC addresses can become relevant in certain situations:
If police seize a suspect’s computer or phone.
If investigators have access to a local network (home, office, Wi-Fi hotspot).
If malware or forensic software collected the MAC address.
If a user connected to an exchange through a mobile app that gathered device information.
But for tracking Bitcoin transactions across the public internet, MAC addresses are usually much less important than exchange records, IP logs, and the blockchain itself.
The broader point remains: Bitcoin’s weakness as an anonymity tool isn’t usually that someone knows your MAC address—it’s that the blockchain is public forever, and sooner or later many users connect their wallets to a real-world identity through an exchange, bank transfer, or other digital trail. Once that link is made, investigators can often reconstruct years of transaction history.
Re The Sudden Large Drop With Gold and Silver
I strongly suspect it is an overreaction because of all the AU and AG highly leveraged futures players that are selling out because they are afraid of any week end news.
The Nasdog is finally rolling over, along with the other indices former old all time highs, maybe its finally the start of a longer term correction for them. Re sell in May and go away?
Indices https://finviz.com/futures_charts?t=INDICES&p=d
Gold has been in correction since March 6th. I think we are botting out here, we usually go opposite the general indices.
Treefrog
One would think so when RSI numbers for Gold and Silver get into the teens…….but like countless times before this, the pain is severe and will take time to heal itself…..
Like an idiot, I still go back to the well, and nibble on some PM stocks ( that I have made a little $ on before). But the most important question for me is; what is it going to take to break this perpetual cycle that we’ve been putting up with for so many years??
Welcome to the Club of Confused….aka the WTF Club.
“Stocks Should Go Up, Not Down”: Trump Rages At Market Reaction To ‘Great’ Jobs Report
Maddog
I don’t know. The thumb on the scale is certainly there. Hopefully gold recovers some …
Gold down $110 Blech!
Maybe China is not the powerhouse we think
Economic Analysis: Indicators Suggest China’s Economy Will Not Surpass the U.S.
Economic Analysis: Indicators Suggest China’s Economy Will Not Surpass the U.S.
