Member Info for fogthemogg

Unfortunately it's not a ceasefire.

It's an (alleged) verbal agreement to temporarily not strike energy infrastructure.

Talk of US and Iran talks hosted by Turkey. That’s why…

Some of these comments are comedy gold.

Forward looking silver is $120? It hit $120 for the first ever today.

$100 silver is the solid floor? It broke $100 for the first time in history only last Friday.

240-250p is where it was just before Trump tariff mayhem. Keep pushing!

MXN also appreciated 15% last year against USD, up another 5% in January.

"Yes it could change with another Trump utterance, but for now, the supply glut narrative is firmly on the back burner"

Mike, the oil supply glut isn't some abstract fictional narrative 😅 It's real and has been ongoing for years.

Algos are bidding oil up again on the back of an attack on Iran, this move will rapidly reverse if Trump chickens out or the action is fleeting.

Same thing happened last June, speculators drove Brent to the high 70s on the back of Iran shenanigans, but oil soon came crashing back down again shortly afterwards.

FRES won't have sold any silver at anything like 100/oz yet. The share price isn't logical and has never moved in lockstep with PMs. It was in the 600s a year ago, yet hit high 900s in Q1/2023 when PMs were way lower.

The buy/sell distinction on here is purely indicative, depending if the traded price was closer to the ask or bid. But it's a meaningless piece of "information" really, as every buy is a sell and every sell is a buy.

I really wouldn't read anything at all into "data" provided on this site. Unless you know very specifically what you're looking for and can cross-check it from another source, you're likely to misinterpret it. Best case, it's a distraction and worst case you make a silly decision based off it.

Rick Rule and many others were ramping PM miners in the early 2020s, they all dumped 50% or worse in the following years.

Now, the people who only started buying PM miners in Q1/2024 when they all bottomed are f'ing geniuses. Problem is, I don't remember anyone calling that before it happened.

5m volume already...Someone overheard something about refinancing in a City pub last night.

Zelensky looked and sounded like a man about to capitulate yesterday.

"In a word, TLW will become a 'zombie' company that exists just to pay its debt."

It already is!

Or it's just profit-taking after silver doubled in 4 months...

Silver prices are different throughout the world, plus some are quoting futures and others spot.

I make this morning's high just shy of $99.5

The proposition of Ukraine ceding land they've lost 100s of 1000s of men to hold is surely a non-starter.

If Putin had been willing to settle for freezing the current battle lines, then this war would have ended a year ago.

But while outlining the next steps, Ushakov stopped short of hailing any major breakthrough.

"Most importantly, during these talks between our president and the Americans, it was reiterated that without resolving the territorial issue according to the formula agreed upon in Anchorage, there is no hope of achieving a long-term settlement," he said, referring to last year's Trump-Putin summit in Alaska.

Groundhog Day indeed.

"I would say that the meeting between the Russian President and American representatives was specifically focused on obtaining information on the results of the Americans' contacts with Ukrainians and European partners," to determine next steps in the peace process, he said.

Meanwhile, Russia will continue to pursue the goals it has set in its war against Ukraine until a diplomatic solution is reached, Ushakov added.

Whilst I don't agree, I'm always interested in contrarian views.

https://www.kitco.com/news/article/2025-12-16/gold-and-silver-appear-be-entering-final-act-2026-years-long-bear-market

Because futures markets aren't open at 10am GMT on a Sunday...

Everything is red this morning.

Whether he/she has or not, I don't think anyone who's shorted TLW could ever be considered a clown...

$606k is a tiny loss for a bank's prop trading desk...

There are some bank customers who default on personal loans bigger than that.

There will be much, much bigger open positions than this.