SilverMoon🪙

[Gold Grump Granpa @GoldGrumpGranpa]

In the end, the overlapping day-after-earnings ranges proved to be formidable resistance, the perfect spot for patient, powerful sellers to absorb all the emotional buying and then some following #NEM’s glorious earnings.🥲

The stock is now down 30% in 132 days and trading pretty close to the prominent March low, where you can bet legions of stops are parked tightly together.😉

#Newmont #Mining #Gold #Silver

[Jordan Roy-Byrne CMT, MFTA ⛏⛏ @TheDailyGold]

2011/12 marked the end of the secular bull in Gold & resources and the start of one in Stocks.

Now it’s the reverse: Stocks are nearing the end of their secular bull, while Gold’s secular bull began a few years ago with the epic breakout from a 13-year cup-and-handle.

If you understand intermarket analysis, you understand where we are and what’s happening

[TheHedgelessHorseman 🏇 @Comm_Invest]

Who wants to be the guy that steps up and sells into a reading of zero.

Many did today. We will pour one out for the homies.

[Oliver Groß @minenergybiz]

Gold: COMEX OPEN INTEREST also shows capitulation 👇

[Oliver Groß @minenergybiz]

Are any silver or junior mining funds receiving margin calls? We've seen heavy selling of many junior silver stocks in recent days, which appears to be forced liquidation. Has anyone heard about any fund redemptions? 🤔 It's also crazy to see how many silver junior stocks are trading as if silver is back to $50-$35/ounce. 👇
(1) Apollo Silver hit new YTD lows yesterday $APGO.v

[Oliver Groß @minenergybiz]

The Gold Miners Bullish Percent Index drops to zero. Yes, you read that correctly. Historical 👀🔥
Total capitulation.

[Gold Grump Granpa @GoldGrumpGranpa]

Trading and investing are difficult precisely because they run against normal human psychology and instinct.🥲

It was hard not to chase FOMO in early March, especially when you were exposed daily to a flood of success stories and glorious projections of precious metals grinding higher, forever, at double-digit monthly rates.☺️

Think about it: someone bought that breakout, exhausted from sitting on the sidelines or running a position that felt too small compared to others seemingly “printing money” on that same move.

Someone went all in above 157 on #GDXJ, only to watch “easy money” turn into hard money, then harder, then vicious, then irrational, and finally mercilessly, unfathomably brutal.🫣

#JuniorMiners are now on the opposite side of that euphoria, into the darkest phase of despair following a full cleansing cycle, having shaken out a solid chunk of newly minted late #gold and #silver bugs who were already mentally spending the money they were going to make.
That’s just how markets work.😌

#SILJ #SIL #GDX

[Gold Grump Granpa @GoldGrumpGranpa]

On April 26, with #HUI above 800, I sketched a worst-case historical roadmap for the correction in precious metals miners.

This week, the index cleared the March low and closed below 675, down roughly 16% from that post and nearly 32% from the January highs.🥲

After a +470% advance, the market never promised a gentle digestion: sometimes it arrives with a knife. The correction is still here, with a marginally lower low this week.😐

What, in my opinion, has not changed is the broader setup.

The sector remains structurally stronger than in prior cycles. Margins are still historically robust. Quality producers are still quality producers. Gold remains elevated.🙂

Despite the recent, bloody decline, the yellow metal is still above the thunderous October 2025 high, a level that back then looked like a record we would have killed for when we were still stuck in the damn quicksand around $2000 not so long ago.☺️

What is finally changing is sentiment.

Five weeks ago, people were only debating how high miners could go. A dear friend of mine was projecting his recent staggering results into the future, telling me he expected to make something around 180% per year thanks to his #JuniorMiners.😀

He's been doing great over the last couple of years, but he's still young and quite new to the business.😉

Today, many are debating whether they should own them at all.

That shift is the reason why corrections exist.
They are designed to transfer assets from impatient hands to patient ones, hammering sentiment and bullying enthusiasm into despair.

Could the historical roadmap discussed in April still play out? Of course.😥

Could this already be deep enough to set up the next advance? Also possible and that's why I am slowly rebuilding the positions I gradually took profits on during 2025.

That said, I suspect we're in for more blood and pain in the short term, judging by the fierce momentum behind last week's crash.🫤

Everything I have bought in this sector in 2026 is more or less seriously underwater.🤕
It sucks, even when it's part of a gradual redeployment following a couple of years of exceptional returns.
But I still haven't found a way to identify perfectly exact tops and bottoms.🙄
I'll keep you posted if I do.😊

The most important task for anyone operating in the markets, on any time frame, is to find a system that works for them and aligns with the unique mix of strengths, weaknesses, constraints, and objectives they bring to the table.😌

Know your risk.
Respect your capital.
Define your time horizon.

And remember that a long-term bull market does not exempt anyone from short-term suffering.

Be careful out there.🫡

#Gold #Silver #PreciousMetals #GoldMining #MiningStocks

[Gold Grump Granpa @GoldGrumpGranpa]

#EXK vs #MSTR trend update after similarly vicious weekly closes: -20% and -24%… same league.🥲

That is where the similarities end: as you can see, the former is clearing lows within a still solid weekly uptrend, while the latter is sinking into the abyss under the unbearable pressure of the #MovingAverage cloud.☺️

No way to know whether #Endeavour #Silver will manage to bounce and avoid following the tragic path of #MicroStrategy, which broke its rising trend and eventually broke down below it. My own money is on a recovery and a resumption of the uptrend once the cleansing and digestion phase is complete, but really, do your own research because anything can happen at any moment.🙃

Remember this: as plausible as this hypothesis is, supported by secular trends in global debt growth, geopolitical instability, reserve currency dynamics, monetary expansion, and the sustained silver deficit, it remains just that, a hypothesis. The market can dismiss it, especially in the short term, deep enough and long enough to make you puke the best positions.🤮

Have a plan.😌

[Jordan Roy-Byrne CMT, MFTA ⛏⛏ @TheDailyGold]

Everyone’s still waiting for “the crash.”

Gold has already dropped 27% this year (33% in the GFC).

Silver’s been crushed 50% (60% in the GFC).

No crash in precious metals is coming, but we’ve completely washed out bullish sentiment and injected a fresh dose of doubt.

A few years ago, people waited for a crash too, while Gold quietly built a handle and went nowhere for three years.

Thanks to the 2008 Boogeyman for another beautiful Wall of Worry to climb.

[Polymarket @Polymarket]

JUST IN: Treasury Secretary Bessent announces the U.S. has now seized ~$1,000,000,000.00 in crypto from Iran.

[Gold Grump Granpa @GoldGrumpGranpa]

#Silver futures in the process of drawing a spotless Clean & Reversal daily candle in the right place: the first truly positive sign since the recent slam.😌

Let’s see how we manage to close the day and the week.☺️

#FuturesTrading #CleanReversal

[Jordan Roy-Byrne CMT, MFTA ⛏⛏ @TheDailyGold]

Gold’s Post-Breakout Correction

Analog studies are most effective when the setups truly match...and these do.

This correction is maturing. We’re in the later innings.

[Gold Grump Granpa @GoldGrumpGranpa]

#Miners-to-#Metals ratios: to be honest, #JuniorMiners are not reacting that negatively to today’s weakness in #gold and #silver.😌

#RelativeStrength

[Silverbark #fixourmoney #silversqueeze @Silverbark3]

$GDXJ / Silver - rock bottom price on miners. Mining ETF needs a 5x from here to get to ATH. 🤣🤣🤣

[Gold Grump Granpa @GoldGrumpGranpa]

#SILJ and #GDXJ just broke April 29 lows, likely triggering retail stops sitting a tick below, as most TA books suggest. Those levels are often retested and liquidity is harvested by more experienced players: be extremely cautious with your SL placement!😌

#JuniorMiners #silver

[Silverbark #fixourmoney #silversqueeze @Silverbark3]

$AG / Silver ratio trading 12% BELOW the CV2020 crash lows 😆😆😆

[Gold Grump Granpa @GoldGrumpGranpa]

Update on #HUI, the old #NYSE Arca Gold BUGS index, basically flat this month after being up 12%, but more importantly, failing for the second time at the 50% retracement of the brutal March bloodbath.🥲

I like buying pullbacks inside established uptrends, and that's what I did with #CDE last Friday. These are long-term positions though, based more on fundamentals than charts, and I would not be surprised at all if more patience is required to turn green on these last add-ons.😓

After the violent advance in 2024 and 2025, some sideways work and digestion is expected, and that's exactly what's happening right now. I think it's not a coincidence that we see some weakness right after the most spectacular quarterly results in decades. Markets have a way of anticipating things and acting in the least obvious ways, and I'm sure we loaded up legions of tourists in the last couple of quarters, newly minted #gold and #silver bugs waiting to be beheaded on the altar of easy money.😀

Last time I mapped a worst-case path using historical behavior, I looked at how this sector has behaved since the 2016 low. Three major impulses, each followed by deep corrections, often in the -50% range and lasting around two years or so. That rhythm is what frames the more cautious scenario.

So when I apply a similar correction profile to the latest multi-year run, the math points to a deep retrace zone that would not be comfortable for anyone positioned late, starting with me.🙄

As you can see in the monthly chart of the last 25 years though, we are stretched on the short term but nowhere near the targets hit in the 2000-2011 upleg monster, even if the duration is eerily similar: 130 months then, 122 now since the 2016 bottom, but up a modest 894% instead of that glorious 1,709% of 15 years ago.☺️

Just to be prepared in case of adverse movement, please always check the brutal corrections endured in the recent past as well. Only in this chart can you see the staggering -71% in 7 months of 2008 and the grueling -84% over 52 months during the 2011-2016 bear market.🤮

Strong trends can still correct hard, and ignoring that just because it's annoying is not risk management: you will not feel comfortable or think straight if you are down 71% in a couple of quarters, even on a simple add-on, let alone on your entire position.🤪

Respect the cycle.
Size properly.
Know your horizon.😌

And have a great Sunday.😙

#GoldMining #MiningStocks #Investing

[Gold Grump Granpa @GoldGrumpGranpa]

Elon just recommitted to open-sourcing the recommendation algorithm:
https://t.co/oNlgp9fMYk

Good.
In the meantime, let’s talk about my own numbers.🥲

Over the last 3 months:

1.3M impressions (-53%) Engagement rate: 3.6% (+20%)
Reach got cut in half, yet the few people still finding the content engage with it more than ever. That gap measures what the algorithm is designed to reward: engagement bait over thoughtful, original content.😶

Many accounts now try to chase the same uninspiring formula: forced questions, spam replies, recycled conversation hooks. Endless loops of repetitive, increasingly poor content in a vain attempt to soothe the volatile Algo Lords.😀

I’m not interested in that trade.😌

Four years, endless hours and 21k posts of carefully crafted charts, grumpy commentary, shared experience, and precious-metals analysis are not something I’m willing to compromise just to chase every algorithm shift. That would mean denaturing exactly what makes this worth doing in the first place, and what made almost 7,000 of you stick around.🙏

So I’m building something independent.😌

A proper home for charts and analysis that doesn’t have to compete with engagement farming. Everything is still rough and primitive for now: senility is taking its toll, and I definitely did not plan for this pivot... but the collapse in reach pushed me toward this decision.🫣

Gimme a little time: I’ll share more when there’s actually something worth showing.

Appreciate everyone still here for the grumpy stuff.☺️

#XAlgorithm #Algo #CreatorReach

[Semper Vigilantes @SemperVigilant1]

This is your true chart showing resistance for silver. Has been since the war started. Not Deep Vagina Signals' ever changing resistance levels from ever changing sTrUcTuREs.

Oil crashes, silver spikes. Oil goes back up, silver backs off. Friggin guy with his paid discord is overcomplicating the obvious behavior we are seeing in the market. This is not the kind of sensitivity to oil we get in normal times. It is EXTREME negative correlation never seen before in the last 5 years.

If DVS had access to information about the war, his picks would be worth the subscription. But he doesn't, so its not.