MARKET observers are suggesting the $5.9 TRILLION gold and silver market wipeout overnight Thursday is signalling a systemic failure. The “flash crash” happened within 30 minutes. But other observers disagree.
“To put that in perspective, we just saw wealth equivalent to the combined GDP of the UK and France evaporate in less time than it takes to order pizza. This doesn’t even feel real,” said one market observer posting on X.
“A move of this magnitude, in such a compressed timeframe, is far beyond a standard ‘6-sigma’ event. It’s off the charts historically.”
However another observer was not so impressed by the big numbers. “Packaging every sharp correction in financial markets as ‘the collapse of the system’ is one of the digital age’s most profitable businesses,” he said.
“The widely shared ‘$5.9 trillion lost’ figure is often less about real wealth evaporating and more about perception management built on notional values inside derivatives markets.
“Comparing a country’s GDP to futures or derivatives volumes is like comparing an apple to an imaginary forest. The only goal is to pull investors away from rational data and push them into a panic spiral.“
The other observer said extreme events like this almost always come from the market’s structure: instantaneous de-leveraging, cascading margin calls, collateral evaporation, and forced selling.
“We’re talking about massive internal strains in the system’s mechanics. Translation: The system just broke,” the observer noted.
“When precious metals, safe haven assets, vaporize trillions in minutes, they’re telling you, explicitly, that we are living through a real paradigm shift.”
Another market observer noted that within just a few hours, $1.6 trillion was added to the combined market capital of gold and silver and physical prices in other markets were barely affected.
“The recent drop was not natural. It was 100% artificial. Major banks (like JPMorgan) are still carrying massive silver short positions. They have to suppress the price — otherwise, the system breaks. This was not a normal pullback.
“It was a forced liquidation. While paper markets crashed, the physical market wasn’t affected at all. In fact, premiums remain extremely high.
The observer noted physical silver prices in China at $141/oz, Japan: $135/oz and the Middle East: $128/oz.
“There is no physical silver available at those so-called ‘dip’ prices. At the same time, major exchanges are gradually adding commodities like gold, silver, and platinum. Just like they did with Bitcoin, they’re preparing to control this market too.”
Imagine banksters heavily invested in Woolworths allowing Woolworths to sell eggs at two dollars per dozen if they were as rare as hen’s teeth, scarcity would push them up to twenty dollars per half dozen.
Get physical, hold on even if the banksters, gangsters or government’s contractors approach you with a crowbar.
French bankster Société Généralé and other expert media talking heads, are parroting the largest liquidity event in market history last Friday, was caused by Trump announcing his pick for chair of the U.S. central bank. 😂
Gangsters and banksters.
Social media rumours that chinner hacked COMEX, jamming their free fall circuit breakers so the price of physical metals would bottom out, causing remaining western nuggets to fall into their mits dirt cheap, makes more sense; except for the U.S.’s biggest criminal bankster settling their books at the lowest price available on the day.
JPMorgan Chase and chinner have been willing partners in keeping real metals prices low in the past, so collusion cannot be ignored.
Merchants of death and enslavement devices need silver, so nothing is out of bounds for evil to coerce plebs to cough it up, more falls, positive government laws.
Just dropped into Robin Westenra’s substack seemorerocks, and there staring me in the face was an X post from NoLimitGains with a Sep 29. 2020 headline, “CFTC Orders JPMorgan to Pay Record $920 Million for Spoofing and Manipulation”.
Habitual criminals?
The evidence presented to the world over the last couple of days seems damning.
The regulator should nip this in the bud this week, before 100-ounce not 2, 5, 10, 20 or 50-ounce silver futures are unleashed onto exchanges next Sunday in preparation for trading next Monday U.S. time.
100-ounce silver futures will create volatility, amplified price fluctuations and increase delivery risk more extreme than what we saw happen last Friday; where a major player like JPMorgan held large short positions with 1 ounce silver futures in an already physically depleted market place.
Imagine a rigged race where there are limited numbers of punters, the professionals (institutions) already fleeced sitting on the sideline, only bookmakers (banksters) in the betting ring, so bookmakers holding losing books start gambling between themselves with the stewards in on the fix; some bookmakers are going to be eaten by the bigger fish, their shareholders eaten whole. — well anything’s possible.
The current COMEX New York Ask Price is $122.64 AU down from $171.60 AU last Thursday when $1.00 U.S. was valued at ~$1.43 Australian.
Note COMEX trades in five thousand ounces contracts, not one ounce like at the local retail store.
So heavily exposed criminal bankster JPMorgan Chase’s subsidiary, J.P. Morgan Securities LLC (I’ll name them, the Culprits) benefited in the hundreds of millions if not billions, as they settled their futures shorts trading on Friday U.S. time, at the bottom of the silver spot price manipulated dump of pretend paper silver, paying out (settling) their futures paper buyers at $78.29 U.S. per ounce instead of the pre, pre, pre manipulated ~$120.00 U.S. per ounce a blink of an eye beforehand.
Australian bullion dealers:
. Ainslie has halted their online sales of silver until Monday due to market volatility and unprecedented physical demand.
. “Due to worldwide demand for silver bullion products”, The Perth Mint has decided to pause taking wholesale orders for their 1oz. Kangaroo silver coins until Feb 23 to clear back orders and are implementing monthly limitations on the coin so all regions receive stock in the current market environment.
Baird and Co. the U.K.’s largest refiner and dealer has closed down online sales.
Plenty of paper for the banksters to burn peoples fingers but not enough of the real stuff to pick up.
If you recently purchased the real stuff, keep a grip of it.
Don’t know but we ran a story a while ago about Zionist Bob Hawke. Ed
According to AI the following transition events occurred. Being alive at the time I can recall them.
Key Details of the Currency Transition:
Gold Standard (Abandoned 1932): Australia departed from the gold standard in 1932 during the Great Depression.
Sterling Peg (1932–1967): Following 1932, the Australian pound was pegged to the British pound sterling.
Introduction of AUD (1966): On 14 February 1966, the Australian dollar replaced the pound (at A$2 = £A1) and continued to be pegged to the British pound.
Move to USD (1967/1971): In 1967, Australia effectively left the sterling area when the pound was devalued, choosing to peg the AUD to the US Dollar at a rate of A$1 = US$1.12.
Move to Fiat/Float (1971–1983): With the collapse of the US dollar’s convertibility to gold (Bretton Woods) in 1971, the AUD became a pure fiat currency. In 1974, it moved to a “crawling peg” against a basket of currencies before finally adopting a free-floating exchange rate on 12 December 1983.
Current inflation levels likely stem from government spending. From a Treasury viewpoint spending by the government makes Australa’s GDP appear to grow. However this is false because it is not productive growth. More akin to a confidence trick.
Well, nothing goes up perpetually. However, mechanisms to artificially keep the price of gold and silver bullion down for decades can no longer be sustained. So we are merely seeing the result of decades of supression being removed (because it can no longer be sustained). The question is, have gold and silver reached thgeir natural levels yet? Probably not, but as with any commodity or share price, they occationally have to go down before continuing to rise. What has been held down must rise commensurately, and what goes up must eventually come down to it’s agreed level, if excessive exuberance has inflated the value. In 1928, the official price of one troy ounce of gold in the United States was US$20.67. The price of gold has not changed since then, but with the final removal of gold backing of USD treasury notes in 1971 (creating a total fiat currency), the value of the US dollar has currently has been inflated to less than two cents per dollar, if that. The same is true of Australia’s fiat paper currency i.e. no visible means of support..
As of 1/2/26 the current Oz silver price (including premium to purchase) can be found through one of Australia’s major bullion dealers at ABC Bullion Australia.
The cheapest bars (coin is more expensive) to get in hand physical silver (NOT allocated in vaults) is around $165.00 AU.
The current COMEX New York Ask Price is $122.64 AU.
That is currently 34.54% over spot. The COMEX has lost all credibility….
Suggest keep stacking!!!
Does wordress like the word Zionists?
Like the Chinese, the Globa’alists need someone to copy from, they can’t do anything cutting edge for themselves.
2nd place is first loser
How is gold down, it’s up 50% since I last bought some a few months ago. Looking on the 20 year chart it didn’t go down. If it goes down I’ll buy some but I don’t think it will go down so I will have to spend my spare money on baked beans and survival stuff. How can it go down, it’s in hot demand amongst banksters and Globa’alists. They think they’re so smart their AI will be smarter than all of humanity combined in 5 years, OK I give them 5 years to change an old lead pipe into gold, bet they can’t.
Gold has crashed about USD 900 per ounce from 5,800 in ~ 26-27 hours
Silver 45 from 120 the same time frame.
Smeaghoul’s and Hawaiian’ X posts have nothing on what has happened since.
Jan 30. 2026 Smeaghoul @ArchaneKnowledge on X wrote,
“You can look at all the charts you want.
Over one billion ounces of paper silver were dumped yesterday.
That’s about one years worth of silver production dumped in one day.
IMO this is fraud.”
Then shows a screenshot showing 226,975 contracts each representing 5000 troy ounces = 1,314,875,000 troy ounces.
Jan 29. 2026 TheHappyHawaiian on X asked,
“Has gold ever tanked 9% in one hour before?” after suggesting on
Jan 28. 2026 writing silver could fall USD 26 tomorrow and still be on target for USD 200 per ounce in May — the inner voice
Jan 29. 2026 Peter Girnus
“I Spent Eight Years Spoofing Silver
I’m a precious metals trader at a major bank.
Was.
Am.
Depends on which LinkedIn I’m updating.
Between 2008 and 2016, my desk placed orders we never intended to fill.
Thousands of them.
Tens of thousands.
We’d flood the book with sell”
Jan 28. 2026 E.U. Nobility’s Ursula Von der Lying’s C.V. was exposed as being 76% plagiarised, after former employer spilled the the Royal Caviar.
Jan 28. 2026 Microsoft shares were sitting steady around USD 480 then in the blink of an eye crashed down to USD 450.
Jan 28. 2026 German police in Frankfurt, Berlin raided Deutsche Bank’s offices, in money-laundering probe, their share price tumbled.
Jan 28.2026 TikTok censors words Epstein and Zionist, [I liiike it 😡], and according to a MintPress News investigation, TikTok has hired former Israeli Spooks from Unit 8200.
All new smart devices have A.I. built in.
End to end encryption is futile when devices are manufactured compromised to be compromised.
I think even bank-style end to end encryption probably wouldn’t work with this crowd
The eeK aren is training her AI on CN, it’s simple as that, there will be human reviewers and IP addresses collected for their database of dissenters. Billyboy’s dream is coming true. And don’t forget he said “the next virus should get some attention”.
Me locked out too, eek aren still working on the ai
.
US$ collapse
https://www.rt.com/business/631712-traders-bet-dollar-collapse/
Seems now I can’t access a secure server to the U.S. regulator’s public site. 🤔
Maybe their server is down from complaints overload? 🤷
JoeB, “Trump was happy…”
Today the regulator the,
Commodities
Futures
Trading
Commission
was gushing that Trample was accelerating the introduction of digital currency.
The end of the fiat is near?
Their integrity police the,
Division
of
Enforcement
investigates potential fraud, price manipulation, illegal off-exchange activity amongst others.
Will the regulator look at who is slamming all time high gold and silver prices, if the sales of precious paper metals were settled, who bought at bottom prices?
Are banksters buying in low, for future sales at all time highs to offset their ginormous business destroying put losses?
This was a reboot. Welcome to the QFS 🫡🌞
Trump was happy the other day the USD was going down or “becoming more competitive”. People were queueing up to trade their paper gold for real gold and they just about broke the bank, this was a couple of days ago, so this should keep them confused. Remember when there’s blood in the streets it’s a buy.
The AUD went up against everything, must be the Orange Effect. Pauline, Malcolm, Barnaby, roll out the welcome mat let’s see some more names get on board. Poor old Susan Ley, was headlined some months ago in “The West” newspaper as “Doomed Opposition Leader”, I thought that was a bit premature but my optimism was WRONG. Maybe she can get a job at the ABC-TV newsdesk sitting next to “Ros Childs” and presenting the weather since she knows so much about ClimateChange. Climate in the blue party HQ will be hot and cold flushes with high humidity.
Blatant market manipulation would not be happening without the blind eye of the U.S. regulator.
The slamming pattern and timing over the last couple of months is repetitive.
Manipulation, manipulation, I’ve been seeing it every week since I bought gold at A$550 an ounce. No biggie, just sit back and watch the show, yawn…
Duck’s been locked out of the conversation, how quaint.
the crash of spot gold from USD5550 at 0128am sydney time 30 January (New Yk time 0928am 29th) by USD447 in one hour to $5103 is a record slump, but needs to be seen in the context of a correction of the rise of USD818 from 16th to 28th January, measured as New York closing prices. This crash of $447 does not signal a systemic failure, merely a trading reaction. The whole rise from about USD2300 during the last 1.5 years needs to be seen as a warning of some sort of financial crisis yet to come in days, weeks, months or years from now.
Some years ago during the GFC devalue in value of shares I enquired of an investor how he felt that his shares were worthless and reply was that he still owned them and eventually they will regain their pre crash worth .
What he saw of a problem were company directors who get paid bonus’s in blue chip shares dumping their portfollio on the market that then did real damage to that company the shares were issued from because of media financial reporting .