Silver: When a record rally turns into a record rout | Metals Mine

  • Silver: When a record rally turns into a record rout

    From home.saxo

    Friday’s historic collapse in silver was the result of several developments colliding simultaneously. While a correction had been increasingly anticipated—and was arguably overdue—the speed and depth of the sell-off proved a stark wake-up call. Once again, it underlined how one-sided positioning can cause outsized damage when it begins to unravel. As usual, social media quickly filled with conspiracy theories suggesting the move was orchestrated to bail out underwater shorts. These narratives are best ignored. The more straightforward explanation is that silver’s multi-week rally—while supported by strong ... (full story)

Comment Options
Trader#D706
Feb 2, 2026 11:08am
Permalink
We'll see at which point this blatant manipulation will end. How many paper contracts can you push into the market? We will rip you apart. Precious metals are going higher and there is not a single shit JPM and other criminal institutions can do about it. The more you slam the price the higher it'll rebound, and faster.

This USD game you're playing ain't fooling us. Go and short precious metals you criminals of the highest order. Volatility should be lower now. Damn Sheep Street.
Reply

  • Related Stories

Copper's Record Rally Unravels
From beemarkets.com | Feb 2, 2026
A nearly 9% drop in copper prices over the last two trading sessions marks a sharp return to reality for a market that analysts say had surged far ahead of its underlying fundamentals. The recent rally, which pushed copper to a record high of $14,527.50 per metric ton last Thursday, appears unsustainable when measured against weak demand, rising stockpiles, ...
Copper extends decline from record high as investors shift to risk-off positioning
From brecorder.com | Feb 2, 2026
Copper continued to pull back on Monday for a second straight session as investors moved into risk-off mode after Kevin Warsh’s nomination as the next Fed chair, while demand was also subdued in the run up to China’s Lunar New Year break. The most-active copper contract on the Shanghai Futures Exchange slumped 7.60% to 100,110 yuan ($14,401.00) a metric ton ...
U.S. stock futures fall after bitcoin's weekend drop, as gold and silver's sell-off may be bleeding into other markets
From morningstar.com | Feb 2, 2026
U.S. stock futures sank Sunday, after a weekend slide by bitcoin and Friday's massive sell-off in precious metals capped a tumultuous first month of 2026. Dow Jones Industrial Average futures (YM00) were down about 340 points, or 0.7%, in volatile trading late Sunday. S&P 500 futures (ES00) were down about 1.2%, while Nasdaq-100 futures (NQ00) were off ...
  • Story Stats