In Case You Missed It, Thursday we saw another attempt by the Boyz in the “Club” at gold manipulation.
But it didn’t work so well this time.
In overnight trading, gold was flirting with $5,600 per ounce while silver traded over $120 per ounce.
But then the COMEX officially opened and we saw someone put in a trade to dump 5,880 gold contracts at the market.
FYI, 5,880 contracts equals 588,000 ounces of gold.
And at a market price of, let’s say $5,400, that means someone was trying to sell over $3 Billion of gold in a one-minute cycle.
As we have said in the past:
No one in their right mind would sell $3 Billion in gold in one trade.
Ironically (or NOT), last week we wrote an email titled: “Will Fat-Finger Frenzy Strike in 2026?” explaining about gold manipulation. But we didn’t expect it to happen this soon.
Read it (HERE).
Suffice it to say that the Boyz who like to bash gold (Cough! Central Banks, Cough! Cough!) were met with retaliation buying later in the day as both gold AND silver recovered most of their early losses by the end of trading. *
(* Note: as of this writing gold is trading at $5,436 and silver is at $119 in the overseas markets)
So, what does this mean to the small investor who owns precious metals and mining stocks?
Gold Manipulation
First, it is a sign that the gold manipulation (by central banks) that has plagued gold and silver buyers for the last decade, has lost a lot of teeth.
As a result, their control over pricing is fading fast.
Second, gold/silver buyers should expect more of this type of activity as an attempt to shake out the weak and/or small players.
Don’t take the bait…even if gold drops 20% and silver drops 30% from these current levels.
Instead, look at it as an opportunity to add to your stash.
Or, if you are like most people…who refused to buy gold/silver and are kicking themselves over it… take it as a sign that your wish has been granted.
Ironically (or NOT) most of those same people who wished they bought silver when it was $85-90, will also likely chicken out while believing the Presstitutes who will be saying the bubble has popped in precious metals.
READ: Gold, Silver, and Platinum in 2026 (HERE).
And although 2025 was a killer year for precious metals, we believe the trend is just starting to get legs and that there will a lot more upside before we see any bubble-like conditions.
Along the way you must expect volatility.
Learn how to use it to your advantage in our upcoming February edition of “Simplifying Wall Street…In Plain English” (HERE).
Share this with a friend who laments over not buying gold/silver or mining stocks. They’ll thank YOU later.
And tell them:
