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 And that's when the volatility started. And the volatility all started in our time zone. And that's, you know, interesting in and of itself. The big rallies mostly occur during Asian trading hours. The big selloffs happen in US hours or, you know, late European early morning US is when you see all the selling. Well, we had another positive week in precious metals, but it wasn't without a lot of volatility, especially over the past two trading sessions that saw wild swings in the price of both

gold and silver. But despite those wild swings and today's big drop, gold still managed to gain 2.2% on the week and silver rose 4.7% on the week. Most significantly, gold is above 4,000. It closed at about $4,000 or $4,080. And silver ended the week back above 50. But intra week on Thursday night, it got above 54. In fact, silver almost made a new record high. It was about 25 cents away. And that's when the volatility started. And the volatility all started in our time zone. Something shocking hit the precious

metals market this week. In the dead of night around 3:00 a.m. during the most illquid and fragile window of global trading, silver was slammed with maximum force. It was a violent, deliberate hit designed to trigger the biggest possible reaction with the smallest amount of volume. But here's what almost everyone missed. Even after this engineered attack, both gold and silver still ended the week higher. What appeared to be chaos was actually the market exposing its pressure points. And according to

Peter Schiff, these aren't signs of weakness at all. They're signs of a system struggling to contain real physical demand. If you've been waiting for clarity on what's happening behind the curtain in the gold and silver markets, this is the moment to pay attention. You know, interesting in and of itself. The big rallies mostly occur during Asian trading hours. The big sell-offs happen in US hours or, you know, late European early morning US is when you see all the selling. A lot of

it is before the US stock market opens. usually within an hour or two before the opening bell. Uh they they hit the metals hard and that's what happened on on Thursday and Friday. But it shows you that a lot of the buying is coming from Asia, right? They're buying gold. The selling and the speculating against gold is happening in our time zone. But on Thursday we had gold up over 50 bucks in the evening and then in the morning it was down 50 bucks. Silver which was up over a dollar in the evening was down

over a dollar uh in early morning New York trading. Then last night silver again soared over a dollar. Gold was up over 50 bucks. And then near the open of our market or just before there was a huge sell-off and gold dropped like $130, $140. Silver dropped over a $150. Not from the high, but went from up over a dollar to down more than a dollar and a half. So more than a $2.5 swing in the price of silver between the time US markets closed and and US markets open. But I think what's the most significant about all of this

volatility is that it's taking place above 4,000 for gold and above 50 for silver. That's what I've been saying. 50 is the support for silver. Now, it can trade below it, but that's really where the support is. That doesn't mean it can't trade 49 or even 48 cuz silver is inherently pretty volatile and and so it's hard to to stop at a round number. But this is about the support. Gold 4,000 is key support and we've managed to go below it but not by much. Gold never went below 3900 after it went

above 4,000. The lowest I saw was maybe 3910 or 3920. Silver did go below 50, but then it came soaring back. I mean, when silver almost hit a new high on Thursday night, gold was still maybe 200 bucks away from a high. Gold got um well, less than 200, but because I gold got back above 4,300, I think. Uh but you know, after today's selloff, it's back below 4,100. But this is very constructive trading as far as I'm concerned. 4,000 is the new 30,000 just like 3,000 was the new 2,000 and silver

when silver was at at 40. I said 40 was the new 30 and now it's almost like 50 is the new 40. Yes, silver did go below 40 a few times before it rocketed up to 50. And that's why it may go back below 50, especially when we're only 60 cents away. But I wouldn't wait. I think that today's selloff was another buying opportunity for Shift Gold customers to go to the Shift Gold website on Friday, on Saturday, and even Sunday morning because I expect another big runup in gold and silver prices Sunday evening

into Monday. Now, maybe it won't be sold off in the US time zone. What I've managed to notice is that the big sell-offs happen later in the week, not earlier. So, there's a good chance that we get a big runup on Sunday night and then an even bigger runup on Monday morning as Americans who got out of their silver and gold rush to get back in. So, it's another great weekend buying opportunity at Shift Gold uh to to load up on on gold and silver in particular, which I think has got an

explosive move that's coming. But a lot of other things happened uh that are bullish this week uh fundamentally for both gold and and silver. So one of the things is the carnage in crypto. It's pretty clear that there is a major rotation going on and it's not just from growth or or risk type stocks to value dividend paying stocks that's happening too. But it's a general riskoff trade. Not that all equities are riskoff but uh portfolio managers seem to want to have less risk. So the most riskiest assets

are getting sold and people are moving into other assets that have less risk. They don't want to move into bonds, right? Because the old safe havens are no longer safe anymore when you have inflation as the primary risk and dollar debasement. That's why treasury prices were also down today and down on the week and yields are rising. But we saw moves down in uh tech stocks. Tech got hit pretty hard. In fact, the NASDAQ was down about four and a half% on the week. In contrast, look at gold and silver

stocks. The GDX was up 5% on the week, almost as much up as the um NASDAQ was down. And the GDXJ almost up 5% as well. Now, of course, these gold and silver mining stocks would have been up a lot more without the losses from today and yesterday, right? A and so [clears throat] it could have been a much bigger move and I think it will be a much bigger move next week as the rotation out of risk continues because yes there's risk in gold mining stocks but not nearly as much as there is in these tech stocks and there's a lot more

earnings behind them. There's a real strong fundamental story for the gold stocks. In fact, Barrett Gold uh came out with its earnings Monday. And over the first three days of the week, Barrett Gold was up 13 or 14% before pulling back with this, you know, these violent, you know, sell-offs in gold. But that highlights the powerful potential of the gold mining sector to to earn money uh in this gold bull market. A and so this is bullish for gold because it's going to bring more money into this sector. But also it's

what's happening in crypto because crypto got beat up the most more than just AI related stocks. It was anything even tangentally related to crypto. Bitcoin itself was down about 9 and a4% on the week. Uh cracking decisively below the psychologically important 100,000. Uh we are trading now at just above 95,000. The low that I saw intraday so far was exactly 94. I'm looking at uh um Bitstamp. You know, there's various exchanges, so it could be different. Uh but I saw 94 was the low in the exchange

I'm looking at right now, and now we're just above 95, but we're way below 100,000. >> More real market insight is coming. Subscribe and stay tuned.