Member Info for dai2belts

Interesting

silver futures $78

physical Silver $71

Wisdom sil ETF $64 I guess people predicting further drop

Watching Fres, there is some money being gambled there, lots of +£35k trades, buying whats hoped to be the dip before attempting to reach the all time high again, while probably big US hedge funds are behind the big rise then drop in silver prices, which is still double when PP shouted it

Looks like it hit low of $74 then closed $85 down 25% while gold close down 9%, both futures not spot,

Fres peaked at ~£44.7 26th closed today at £37 about 16% off the Mondays All time high

🧠 Main reasons for today’s fall

1️⃣ Macro shock — Fed chair nomination and dollar strength

Markets reacted strongly to President Trump’s choice of Kevin Warsh as Fed Chair nominee. Warsh is widely seen as more likely to support tighter monetary policy, which pushed expectations of slower or fewer rate cuts.

A stronger dollar makes dollar‑priced metals (like silver and gold) less attractive — reducing global demand and prompting selling.

2️⃣ Profit‑taking after a massive rally

Silver had surged dramatically in recent weeks, reaching record or near‑record levels. After such a parabolic run, institutional and leveraged players took profits, triggering widespread sell orders.

3️⃣ Forced liquidations & technical unwind

Sharp price moves broke key technical levels and stop‑loss thresholds.

When prices break support on heavy volume, margin calls and algorithmic selling can amplify the decline rapidly.

4️⃣ Broader precious metals sell‑off

This wasn’t just silver — gold also plunged sharply, with reports calling it one of the worst daily drops in decades, reflecting a broad bullion market correction rather than a silver‑specific event.

We know nobody buys the companies, and even the sure things fail(adv)

But its £10m Mc touting a fully funded Hussar with off-taker financing, and huge reserves, remember when He1 hit £100m on just announcing the drilling rig with about x6 the shares the GEX currently has,,,GEX should move up faster, or offer more ups and downs, HEX sat at about £20m after IPO... So there is a fair chance it will also sit around £20m which it exceeded at 18p after IPO

Today they restricted the buying so much sells had to outway buys.... watching the chart you can see the MM walking the price up on extremely thin volume after sell off...

I dont expect to see the money as its a structured off-take agreement not a $25m loan, I am not sure if that will include lump sums payments as there have been no details,,,

lets see what it does Monday, unfortunately it fell off the leader board for the weekend researchers...

But my plan is to start following it closely now , get a feel for the chart and what sort of trading patterns emerge, like the sell off this morning which put it back to 5p until that RNS arrived late morning... there have been a few late morning surprises so far......The sudden rise to 9p, followed by a fall to 5p, and a nicley timed update almost clipping 9p feels like liquidy creation for the smarts to sell high and release cash for funds even if just £500k

Silver currently down 30%, futures below $80,,,,,

Well do they read the BB, you can buy 26,000 now but not 30,000

Still cant buy more than 25,000

Looking back this was +10p on drilling permit and reached 18p just after IPO, with little dilution, claimed to be fully funded for Hussar, drill Q3, there should be good upside from here

Since its the weekend will you be having Onetomany

Looks like GEX might be good to trade with Q3 drill slated.... touting Fully Funded in today RNS

very volitile ,

MM seems to be restricting buys but not sells, maybe for the last two hours, but at least since 14:40, taking the price down to 7p

now they are restricting buys but walking up the price with extremely low volumes

Interesting buy limit back to 25k

Restriction off for at least 1 trade, 100k buy just went through

Looks like buying may have been restricted from around when the bid was 8p, maybe from the 35k buy at 13:17,,,,,

if not, even though buying was thin large sells were be collected ?

Sorry you can buy 25,000 or less

Cant buy, then a buy charts, then still cant buy, is this the MM making it look like there are no buyers but sellers

Maybe 2:30 will see another attempt at 9p, if there are US based followers

I wonder if Hamilton will be looking to push the fully funded message before end of Q1 when the long lead items, and rig tendering should be announced

seeing how vague he is, he may announce a rig contracted that could be just to drill the water bore, let the market assume its the main rig.....

And fres seems to be tracking silver, since silver has more than doubled fres profit will have increased maybe 3-4 times as the costs remain fixed and was probably already profitable... but fres is also al time high..

If china hoards its refined silver while industrial demand increases for the green tech the price could continue to climb

Its a facility they negotiated last year, yes butb it is a vote of confidence......

just wondering if this dip is the bottom before another rise, it seems to have stalled, so the market is thinking up or down, somebody just bought 300k at 8.2p, will another large buy follow...with all the trolling bringing doubts about those shell companies, the fully funding is just a claim until there is some evidence of cash moving..

It seems Harl have a director which is a shell not person.. the person in control matt, is a director of a shell linked UAE and H Kong, claims to be a family office , so this could be the link to the $25m funder...

I think he is suggesting that 17-35m shares is peanuts, just 1 days volume, and thinks its likely to happen between 20-40p...