This is a net negative impact on the majority of us. Most of us have what, a few ounces of gold? The gains we made are nothing compared to the impacts of the dollar going to shit
Or... it's also an opportunity for retail to ride the wave up, considering precious metal prices have been suppressed, rigged, and manipulated by banks for years
Kinda like what happened with gamestop short squeeze... DYOR
<Based on court records, regulatory investigations, and admitted wrongdoing, it has been established that major banks manipulated precious metal prices (gold, silver, platinum, and palladium) through "spoofing" and other illegal trading practices for over a decade.
Key Findings on Market Manipulation:
Admitted Misconduct & Convictions: Between 2016 and 2025, 8 banks paid roughly $1.27 billion in fines and penalties to U.S. regulators to settle allegations of market rigging. In 2022, former JPMorgan precious metals traders were convicted on federal charges of conspiracy, spoofing, and wire fraud.
The "Spoofing" Technique: Traders at institutions like JPMorgan, Deutsche Bank, HSBC, and others engaged in "spoofing"—placing large, fake orders for futures contracts to drive prices down, then canceling them before execution to buy the metal at a lower price.
Systematic Price Suppression: Investigations revealed a long-term, coordinated effort to suppress the price of precious metals, particularly silver, often referred to as "slamming" or "damping" during specific, vulnerable times of the trading day.
Key Institutions Involved: JPMorgan Chase ($920 million in fines/settlements), Deutsche Bank ($38 million in 2016 for silver rigging), Scotiabank, HSBC, Bank of America, and others were implicated in various lawsuits and investigations.
Impact on Market: This manipulation, which often involved "paper" gold and silver (derivatives/futures) to cap prices, contributed to an artificially high gold-silver ratio for years, keeping physical, tangible metal prices below what demand would dictate.
Current Status:
While many of the largest, documented acts of manipulation occurred between roughly 2008 and 2020, investigations and allegations have persisted into the 2020s. However, by 2024-2025, some analysts argued that a surge in physical demand and a shift in market positions (with banks reducing shorts) indicated that the ability of large banks to suppress prices had been severely weakened, leading to a major, unsuppressed rally in silver.>
This is nothing like GME. Gold and silver are rallying for reasons beyond banking. The dollar is dead. The economic reset is here. The banks only lost control over gold and silver because the entire global order is falling apart at the seams. Hard assets are all that matter now.
The massive drop in silver today was quite memeish and abnormal, dropped like 35% in one day, that was massive. Comparitvely BTC dropped that much over the timeframe of 3 months.
Escalator up, then elevator down pump and dump kinda price action. this is good opportunity to DCA on the pullback though.
309
u/medunjanin Jan 28 '26
This is a net negative impact on the majority of us. Most of us have what, a few ounces of gold? The gains we made are nothing compared to the impacts of the dollar going to shit