Member Info for nomlungu

China's gold and silver are skyrocketing:

Silver inventories in warehouses linked to the Shanghai Futures Exchange are down to 715, the lowest since July 2016.

Silver stockpiles have declined -86% since the 2020 pandemic peak.

Meanwhile, gold inventories in the Shanghai Gold Exchange are down -83% since the 2021 high, to 519 tonnes, the lowest since December 2015.

This has been mainly driven by massive gold and silver exports to London, where a supply shortage has forced inflows amid a squeeze that pushed precious metals prices materially higher.

In October alone, Chinese exports of gold jumped to 660 tonnes, the highest volume on record.

Gold and silver are marking history.

https://x.com/KobeissiLetter/status/1995188074066616340

Silver up 14% last week...

Unexpected headline in the Torygraph: "Time to admit the truth: Brexit has been an unmitigated economic failure"

https://www.telegraph.co.uk/business/2025/11/29/admit-truth-brexit-has-been-an-unmitigated-economic-failure/

---or---

https://archive.ph/L2Gqp

IEEE had an article last week... a publicity drive?

https://spectrum.ieee.org/axial-flux-motor-yasa

Maybe Mercedes want to list them / borrow $ against the tech/business?

Leak confirms OpenAI is preparing ads on ChatGPT for public roll out

https://www.bleepingcomputer.com/news/artificial-intelligence/leak-confirms-openai-is-preparing-ads-on-chatgpt-for-public-roll-out/

Will the adblocking software more use be effective against the ones that OpenAI plan on delivering? Because if they beat adblockers there free customers will just move on to another service that is free and ad free. And if usage drops the bubble bursts.

COMING STORM Trump declares Venezuela’s airspace ‘completely CLOSED’ after warning land strikes on drug gangs will start ‘very soon’

https://www.the-sun.com/news/15567278/trump-closes-venezuela-airspace-warns-strikes-drug-gangs/

https://www.telegraph.co.uk/us/news/2025/11/29/stay-away-from-venezuela-trump-warns-airlines/

A couple of days ago he invited Maduro for talks; now he says clear the air for bombs. Must be Epstein Files time again?

Paul Warburg: Why Russia Is Desperately Selling Off Its Gold

https://www.youtube.com/watch?v=Fwov_ApqBgg

He reckons Russia has sold a couple of hundred tonnes of gold recently... $130m a tonne. And he reckons it is being solg off to insiders for Roubles - aka state looting

Interest in big copper deposits has not gone away... yesterday this was announced:

SolGold plc

Possible Offer Announcement

The Board of SolGold plc ("SolGold" or the "Company") can confirm that on 28 November 2025, SolGold received a preliminary and conditional non-binding proposal from Jiangxi Copper Company Limited ("JCC") in relation to a possible cash offer for the entire issued and to be issued share capital of the Company at a price of 26 pence per ordinary share (the "Proposal"). The Proposal follows an earlier non-binding proposal from JCC which was unanimously rejected by the Board of SolGold on 23 November 2025.

https://www.lse.co.uk/rns/SOLG/possible-offer-announcement-tbu0wi3cpkygfwm.html

Good job!

Copper - $11000 a tonne

Silver - $57 an ounce.

Have you been using rum instead of putting on the central heating?

Homeland Security

@DHSgov

The stakes have never been higher, and the goal has never been more clear:

Remigration now.

https://x.com/DHSgov/status/1994445836915253664

There will be some here thinking Xmas has come early and they will take it as a licence to make the UK White Again [UKWA].

https://www.youtube.com/watch?v=R183NQJ1GQ8

TRX: 'urgent need to raise capital by the end of November'.

No news of any funding yet, and today is the last business day of the month; is it all over? Time to call in the Administrators to protect Creditors before the Directors open themselves to personal liabilities for trading whilst insolvent?

A company I once had high hops for and a good lesson learnt about taking profits when they arise and getting out when things take an unexpected path.

https://www.lse.co.uk/rns/TRX/financial-update-and-funding-plans-ty6vmp91iqepd9h.html

It has spread [like a virus?]... loads of sites offline. Probably Amazon's AWS again. Downdetector showing many sites offline:

https://downdetector.co.uk/

All those dead turkeys... they voted for Xmas and got Thanksgiving instead

some more news from est this afternoon: they have been granted 2 porphyry licences in the balkash-ili arc in kazakhstan [home to kaz minerals tier 1 akto*** copper deposit]. these will have been identified thanks to the funding from and participation in bhp's xplor program.

Today's news seems overlooked... these licences come from the work undertaken under the BHP Xplor grant. Nice to have BHP already onboard with preemption rights.

Extract from the RNS announcing the grant: "East Star has developed a strategy of regional target generation for copper porphyry deposits, principally focussed on the Balkash-Ili magmatic arc, host to the Kounrad deposit (~650Mt @ 0.59% Cu) and Aktogai-Aidarly (~2.5Bt @ 0.39% Cu). By applying modern mineral systems concepts with advanced desktop analytical techniques and on the ground geological confirmation, East Star intends to secure several exploration licences within the area of interest for further field work. The BHP Xplor grant will be directed towards licence costs, field programmes, desktop evaluation work, and staff and administrative costs in the execution of the work plan...... The grant is a once off opportunity and there are no obligations or commitments on East Star beyond the conclusion of the Xplor programme; however, East Star has committed to grant BHP certain pre-emption rights with respect to investments in East Star or its projects within the programme."

https://www.lse.co.uk/rns/EST/grant-from-bhp-appointment-of-director-5p2ozleoy8jo5kc.html

These are rich grounds to explore [Xplor!]

Silver Stockpile Slump in China Poses New Risk to a Hot Market

https://www.bloomberg.com/news/articles/2025-11-26/silver-stockpile-slump-in-china-poses-fresh-risk-to-a-hot-market

Stocks all but gone, prices suffer from backwardation in Shanghai...

Good Twitter account: BREAKING: US margin debt jumped +$57.2 billion in October, to a record $1.2 trillion.

This marks the 6th consecutive monthly increase.

Margin debt for trading has risen +$285 billion, or +32%, year-to-date.

Over the last 6 months, margin debt has surged +39%, the biggest jump since 2000.

This has been an even larger increase than during the 2021 meme stock mania.

Leverage levels are through the roof.

https://x.com/KobeissiLetter/status/1993770317689344470

When the market reverses, there will be a scramble for cash to cover positions which will cause cascading selling.

Why should dividends be taxed at a lower rate than a nurse earns?

'This will be interesting to watch over the coming days and weeks: 'Amazing AI warns of legal action against Tom Winnifrith and Share Prophets''

This gets better!!! Firstly:

'AAI is pleased to announce it has appointed leading UK law firm Rosenblatt Law Limited as its new Company Legal Advisers. Rosenblatt Law Limited specialise in litigation and corporate law and have been engaged to pursue legal proceedings against Thomas John Zacchaeus Winnifrith and Share Prophets Ltd (the "Parties") for defamation and legal damages.'

And even better. 'Resignation of AQSE Corporate Adviser and Temporary Suspension.AAI announces that Guild Financial Advisory Limited has resigned as our AQSE Corporate Adviser without providing any notice period.'

https://www.aquis.eu/stock-exchange/announcements/5483196

'sounds like one of those wonder technologies that could get a following at least if the price gains momentum'

Metallium [the company that owns the tech] is worth over AU$500m