Bern
Member

LBMA held a webinar this morning. I listened in. I posted what I got out of it here: https://www.pmbug.com/threads/bank-of-england-delaying-gold-deliveries-4-to-8-weeks.8022/post-123954

It really looks like the paper gold market is breaking down and true price discovery for physical gold is just beginning. Reminder of recent history and big picture view of the physical gold and silver market right now: https://www.sprottmoney.com/blog/on-tariffs-gold-prices More analysis: https://www.bullionstar.com/blogs/ronan-manly/gold-at-all-time-highs-amid-physical-gold-shortages/?r=1035

LL is a bit wrapped up in Bitcoin maxi fervor.

1886508349346234757 https://x.com/freedom_rpt/status/1886508349346234757

While I understand your point, incorporating Canada/Greenland into the United States as new States isn't the same thing as creating a supranational North American Union organization to dictate policy to the Federal government ala the EU to European nations.

https://www.mining.com/web/lbma-liaising-with-cme-group-and-us-authorities-on-comex-gold-premium/ What exactly are they "liaising" about?

China will resume buying next week (end of Chinese New Year holiday).

Mexico and Canada tariffs confirmed for Saturday. Metals markets about to get more interesting...

Reuters report (no paywall): More: https://www.reuters.com/world/uk/london-gold-market-queues-up-borrow-central-bank-gold-after-big-shipments-us-2025-01-29/

https://www.youtube.com/watch?v=0KlQXJ9EuhY

https://www.sec.gov/newsroom/press-releases/2025-30 This is good news. Uyeda and Pierce have been reasonable and fair actors on the SEC board that were outnumbered by Gensler and puppets. Now they are in a position to set policy.

Bold emphasis is mine: https://fdic.gov/news/press-releases/2025/statement-acting-chairman-travis-hill Operation Chokepoint 2.0 is over.

1881312664921481227 https://x.com/Sorenthek/status/1881312664921481227 The market isn't fully pricing in the risk of a tariff. If Trump actually pushes through a tariff on gold/silver it's going to cause some chaos in the paper markets.

1880251690579804429 https://x.com/silencioNetwork/status/1880251690579804429

Yeah, as with all meme coins - insiders are first in line and profiting off of the folks who pile in after them. So far the rug pull has been mild. Team $TRUMP has not gone full $HAWK (never go full $HAWK).

Yes, it was the first mention that I know of.