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We could be on the verge of the "mother of all short covering rallies" for #SILVER
Managed Money is now over $1 Billion net short in notional value
CAN YOU DIG IT!!!!!
Verbal promises from salespeople mean nothing legally unless they're in the written contract. Companies use these tactics to reduce liability and increase profits, sometimes by offering services like loans against assets. #LegalTips #Contracts #Business
Former Disney star Erik von Detten faces elder abuse lawsuit
An elderly California couple alleges in a lawsuit that former Disney actor Erik von Detten persuaded them to buy overpriced gold coins with retirement savings.
"The couple says they did not realize they had been overcharged until 2025. They are seeking at least $900,000 in compensatory damages, along with double damages, punitive damages, interest and attorneys' fees, and they have demanded a jury trial."
wcnc.com/article/news/nation…
Moving assets between domestic locations can be incredibly frustrating. Sometimes, bigger isn't better; it's just the opposite. How easy is it for your dealer or depository to facilitate changes? #AssetManagement #FinanceTips
Hidden Clauses: The Trap Inside Bullion Agreements xitter.cf/i/broadcasts/1RKZzBdjV…
Storing metals at places like the Royal Canadian Mint has risks, especially if governments freeze assets, as seen during the trucker incident. Understand the real-world scenarios and delivery processes before relying on them as an insurance policy. #Investing #RiskManagement
Just saw this chart on the right by @ekonomi_notlari on Platinum inventories coming down this year.
Replying to @ekonomi_notlari @profitsplusid
NYMEX platinum inventories are falling off a cliff.
Total stocks have a drop of 129.1K oz (~33%) in just 30 days.
🔻 Registered: -41%
🔻 Eligible: -27%
Physical inventory is draining rapidly.
How much further can it fall before it starts to matter for delivery?
Nymex Platinum Alert
Massive Platinum withdrawal from the Nymex eligible category
Over 26% of the Physical Platinum among the Nymex Depositories within the eligible category loaded out and left the building on 10/16/2026
52,096.984 ozs of the 53,841.345 ozs came from JP Morgan. This is most likely and industrial user.
Only 152,127 ozs remain in the eligible category. Inventory levels have been collapsing since late last year.
When an IRA custodian tried to force clients to move their assets to 3 pre-selected depositories, two-thirds of clients chose to stay. Trust and relationship matter more than a forced move. #IRA #Investing #ClientTrust
U.S. investors beware: Overseas metal programs often misrepresent IRS reporting. If a middleman, not you, holds your metal, it's a foreign financial account requiring reporting, negating confiscation fears and potentially holding your assets hostage. #Investing #IRS #TaxTips
Beware of IRA custodians offering cheap, flat-rate storage for physical metals. This model often leads to underinsurance, putting your assets at significant risk if something unfortunate happens. #GoldIRA #SilverIRA
Silver Alert
Commitment of Traders positioning for Silver continues to see managed money increasing shorts. I have been identifying the activity in my X account.
Several major Indian mutual fund houses—including HDFC, Kotak Mahindra, and UTI—halted bulk subscriptions and fund-of-funds (FoFs) investments for gold exchange-traded funds (ETFs) starting October 16, 2026, ahead of the Dussehra and Diwali festive season.
reuters.com/world/india/indi…
Direct trading of gold ETFs on stock exchanges (like NSE or BSE via a demat account) is not blocked by these mutual fund notices, though buyers should watch out for potential price premiums relative to the indicative NAV (iNAV).
The Restriction: At least 17 asset management companies (AMCs) like HDFC Mutual Fund, Kotak Mahindra Mutual Fund, UTI Mutual Fund, ICICI Prudential, and Tata Mutual Fund issued notices temporarily stopping fresh lump-sum investments, switch-ins, and new Systematic Investment Plan (SIP) or Systematic Transfer Plan (STP) registrations in gold FoFs and bulk ETF subscriptions.
The Trigger: Industry reports indicate the moves were taken following informal discussions or a nudge from the Securities and Exchange Board of India (SEBI) to help curb surging gold imports and ease mounting pressure on the Indian rupee. Record inflows into gold funds earlier in 2026 (surpassing Rs 45,000 crore) raised concerns over trade balance strains.
What Continues Unaffected:
Existing SIPs and STPs: Older recurring investments registered prior to October 16, 2026, remain active and will be processed normally.
Redemptions: Investors can still sell or redeem their existing gold ETF and FoF units.
Exchange-Traded Gold ETFs: Direct trading of gold ETFs on stock exchanges (like NSE or BSE via a demat account) is not blocked by these mutual fund notices, though buyers should watch out for potential price premiums relative to the indicative NAV (iNAV).
A metals depository owner secretly took customers' metals for a decade. This fraud led to an insurance policy exclusion, leaving victims with no coverage. #FinancialScams #ConsumerAlert #InvestmentFraud
This is an actual investor who was vastly overcharged by a gold dealer with an A+ rating...
Please repost, I want others to come forward so I can help them tell their story.
The Precious Truth: When Dealers Profit While You Pay the Price xitter.cf/i/broadcasts/1aJbdEreN…
Silver Comex Futures open interest increased by 4,589 contracts (increase of 4.2%) or 22,945,000 notional ounces yesterday. This is material.
The EFP accelerated sharply lower as the sell off intensified, yesterday.
This could be a sign that that participants were aggressively selling, hedging, or shorting yesterday.
The idea that managed money has been increasing their long side exposure is false.
They are near their lowest net long exposure of the year.
I believe this is where the selling has been intensifying. Along with the options market as option volatility skew has turned bearish.
Silver Alert
Silver's EFP (Exchange for Physical) spread has been falling hard since yesterdays sell off. Dropping nearly 50%.
Meaning the Comex futures price is being sold more aggressively than London physical market or more demand for physical with these lower prices making the physical market relatively more expensive.
Similar action happened in 2025 when Silver futures market went into backwardation (futures price was less then physical price).
Need to watch for consistency , as this could signal a change in carrying costs and financing which could be supportive for silver if physical begins to tighten .
Silver Alert
Silver's EFP (Exchange for Physical) spread has been falling hard since yesterdays sell off. Dropping nearly 50%.
Meaning the Comex futures price is being sold more aggressively than London physical market or more demand for physical with these lower prices making the physical market relatively more expensive.
Similar action happened in 2025 when Silver futures market went into backwardation (futures price was less then physical price).
Need to watch for consistency , as this could signal a change in carrying costs and financing which could be supportive for silver if physical begins to tighten .
Do not trust so-called "Independent Industry Ratings or Accolades"
Note read the last paragraph before trusting any one you see in social media pushing products or services. The activity is pervasive throughout the precious metals industry.
Before its sudden collapse and closure in late 2022, Regal Assets LLC maintained near-perfect, industry-leading ratings across major financial review sites. For roughly a decade, it was widely praised by alternative investment blogs and industry publications.
The historical peak ratings before the company shut down included:
🏆 Independent Watchdogs & Industry Accolades
Better Business Bureau (BBB): Kept a flawless A+ rating for years with zero or minimal unresolved complaints. (Note: This began slipping toward a B- in mid-2022 as initial delivery delays surfaced, right before dropping entirely).
Business Consumer Alliance (BCA): Maintained a AAA rating (their highest possible tier).
Inc. 500: Ranked #20 overall on the 2013 list of the fastest-growing private financial services companies in the United States.
Consumers Choice Awards: Named the #1 Gold IRA Provider for three consecutive years (2012, 2013, and 2014).
📊 Historic Consumer Platform Scores
TrustLink: Frequently averaged 4.9 out of 5 stars based on more than 900 to 1,000 user reviews.
Birdeye: Held a 4.8 to 4.9 out of 5 stars average with over 1,800 registered client reviews.
CitySearch & Yellow Pages: Maintained 5 out of 5 stars on early-era web local listings.
Why Were the Ratings So High?
Aggressive Affiliate Marketing: Regal Assets operated a massive affiliate network. High-payout commissions incentivized financial bloggers, reviewers, and YouTube creators to post glowing reviews and aggressively push the company to retirees.
Diversifying into precious metals based on fear of government bans turned into a nightmare. Always ask sellers their buy-back price before purchasing. Understand their offer is below market value, and know how much they're trying to 'hose' you. #Investing #Gold #Silver
Federal Court backs the CFTC’s authority over precious metal retail dealers.
In August, the federal court concluded the CFTC had authority to regulate gold and silver trading when it allowed a CFTC enforcement action to proceed against a precious metals dealer.
vitallaw.com/news/enforcemen…







