Silver Miners in Focus; Government Shutdown a no-brainer

Linking yesterday's update, in case you missed it: 

Crypto Rebounds, Gold Soars as $USD Weakens: October Shakeout Looms

I later heard it being reported that the dollar weakness we were seeing was indeed due to the highly publicized, and hyped, "looming government shutdown". The same one the leftist media has been pushing for since early August, and it seems like this non-event has already been priced in.

 

 Government Shutdown a no-brainer 

Markets are yawning at this so-called ‘looming government shutdown’ like it’s just another Tuesday. Investors are more focused on the Fed’s next meeting than this over-hyped snooze-fest. Unless this drags into Christmas and Santa’s stuck filing for unemployment, nobody’s buying (or selling) this drama.

Look, we've seen this same story many times over the decades, and nothing ever really seems to come from it. Of course the rats in the lame stream media are always looking for some new angle they can use to blame republicans.... but I'm afraid they're going to have to do better than this: 

Trump posts racist, AI-generated video of Schumer and Jeffries ahead of looming government shutdown

 

 Rather than link to the video CNN clutching to their pearls, adds this screenshot 

The screenshot House Minority Leader, Hakeem Jefferies is rocking a sombrero, while his sidekick, (Crying) 😭  Chuck Schumer, explains why they're working for Mexico, rather than for the American people.  

 Hackeem Sekou Jefferies predictably played the race card, tweeting "Bigotry will get you nowhere". 

I don't understand the racism angle, and jokes that need explaining, always fall flat.

Watch for stocks to continue to rally above 6646.50 support  

$SPX market futures are poised to rally at the open. Wall Street trading bots don't worry about temporary Government shutdowns pic.twitter.com/BkMIeMqOXO

— Veteran Market Timer (@3Xtraders) September 30, 2025

 $SPX 15 min. chart view - the bullish trend remains intact  

 

Silver & Gold miners are a different story 

Yesterday, we saw a Monday morning surprise propel Silver miners to complete what looks like a blow-off top on the chart. Be careful shorting this, because the buying volume has been incredibly heavy. 

I asked Grok why silver is acting like it just chugged a Red Bull: 

Silver miners are being panic bought on heavy volume. Is there some revolutionary new use for silver that I'm unaware of, @Grok? pic.twitter.com/C2r2C9J2SY

— Veteran Market Timer (@3Xtraders) September 29, 2025

Unless silver has a new purpose (doubtful); I have to conclude that the retail investor is being sucked into another pump 'n' dump scheme, and for evidence of previous Asian investor panic-sells, one only needs to look back to the Crash of 2012!

Silver Miners in Focus

 $SILJ Amplify Jr Silver Miners - if you can short this outright, I would... In fact you can buy weekly Puts on this junk! 

 

Take care, AA 

 

 

        

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