Page menu

Tuesday, June 3, 2025

Covering the Latest Pump 'n' Dump Target on Gold, Silver, Copper, Metals, Miners

Wow, this market really sucks, unless you're in with the boiler room crew who continues to rotate from one worthless sector to another; from metals and miners, to Crypto, to Natural Gas, and back to Crypto again. What a life...! lol 

 Miners actually outpaced metals... with the silver miners closing 2% higher than the Silver market.

 I think Silver could go as high as $45 in 2025, and IF the short squeeze in silver miners continues I see a possible 15.75 target on the $SILV, in the near term.  

$SILV Amplify Silver Miners ETF - shorts being squeezed at the right shoulder target.  

  


 To be clear; I'm not suggesting anyone should chase yesterdays Monday morning surprise in metals, and miners. Quite the contrary!  

Who's behind the pump?  

The usual suspects at FXStreet and elsewhere 

I suspect this is also a CNBC Pro trade, as the only way they could possibly hold onto their new members is organizing short squeezes, and this is something Jim Cramer has a lot of experience with, from when he used to work at the Goldman Sachs hedge fund.

I watched a little Fast Money (not mad money) last night, just to see if anyone would mention Gold or gold miners, and I didn't have to wait for very long...

There are the same people who will tell you that stocks have traded into a "V bottom", and encourage the retail investor to keep buying mag7 tech stocks, because they are leading... lol  

 These are the same folks who have been pumping miners since they led the Santa Rally - 6 months ago - and if you have any trading experience I think you can imagine what comes next.  

 These are the same clowns who used to use me as a contrarian indicator. Today I return the favor by exposing their pump 'n' dump schemes. 

The Pump and dump wikipedia

Pump and dump (P&D) is a form of securities fraud that involves artificially inflating the price of an owned stock through false and misleading positive statements (pump), in order to sell the cheaply purchased stock at a higher price (dump). Once the operators of the scheme "dump" (sell) their overvalued shares, the price falls and investors lose their money. This is most common with small-cap cryptocurrencies[1] and very small corporations/companies, i.e. "microcaps".[2]


 The rotation 

3 weeks ago it was Crypto, and Bitcoin (priced in $USD) which actually traded to new all time highs, before being dumped - immediately after the spring "Crypto conference". Totally Orchestrated   

Crude Oil  

We also saw bargain hunting - if you can call it that - in crude oil markets, while the Bloomberg commodities index was jacked above the 50 day moving average.  

Did Bloomberg even report this historic 1 day move in commodities once? You can bet they didn't!  

$DJP -  iPath "Bloomberg" Commodity Index 

 See where the bid raised above the 50 day moving average on a Monday surprise - after 4 straight days of selling. That's the perfect example of an engineered short squeeze, and you can find the same thing in $UNG Natural Gas yesterday  

 You don't have to look too far in order to find the perpetrators, who flood the news feed with bullish stories... but I'll be surprised if you heard this "2.5% rally" even reported by the major networks. 

Should you short Metals and, or miners?  

If you have to ask... then probably not.  

You are really better off trading the commodities sector than highly manipulated sub sectors like Silver, and you should already know what to do when support breaks.

Another less dangerous way to go about this would be to short the materials sector, which traded to a new recent high, on yesterday's Monday morning surprise. 

$IYM iShares US Basic Materials  - this is way less volatile than trading individual commodities 


 

You will have to chart your own downside targets, because I don't work for free.  

GL, AA 

 

    

Posted by at No comments:

Monday, June 2, 2025

May Wrap-up, and a look ahead... + an important Chart Pattern all investors/ traders need to familiarize themselves with!

 May Wrap-up: 

Market's rallied into the Memorial Day holiday - as expected - but once the bulls got paid on their May Call options, we started seeing sell orders. Looks like mission accomplished, by whoever loaded up on bullish options, back when the $VIX was trading in the 60's. That's easy money for the deep pockets.     

Of course we haven't seen much downside, and that's because the 200 day moving average acted as support; as I covered in the previous blog.

In hindsight; the 200 day moving average was taken out, back in early April, with the help of fake news reports which were predicting a recession lol 

Fast forward to June markets have been driven back above the 200 day moving average, so that Wall Street fat cats could trap the short sellers, and collect on their bullish Options.       

 $SPX DCS chart - See where stocks found support at the 200 day moving average, but also see the gaps that have been left behind on the chart. More on this in a moment!  


The bears remain trapped   

We saw yet another bear trap on Friday, ahead of Memorial Day. Why did the bulls wait until Friday to take profits? Because they knew there wouldn't be any short interest, going into the long holiday. We've seen this playbook many times before. 

$VIX Volatility continues to be sold, into the last Friday of the month. 

 

Even last Friday's action - the last Friday of the month - looks like another bear trap, and this morning June 2nd futures are only lower by half a percent - last I checked.  

 

CNBC Fast Money host falsely claimed that Chinese stocks sold off - in the middle of the day on Friday - on news that Trump is accusing China of cheating on their trade agreements, while in reality only Crypto markets which were sold on that news. 

Debunking CNBC (financial fake news) for the 100th time 

$FXI China  gapped down at the open, NOT in the middle of the day. 

But wait there's more!  

CNBC  Fast Money also falsely reported - last week - that there are more "gaps to fill" - to the upside - according to their phony "chart master".

One thing is correct, and that is the fact that these gaps that were left behind (on the lower end of the chart) are bound to fill; sooner, or later. Whether that's next week, or not until later in the year, I can't predict, but if you know how to trade you should be able to see it coming a mile away, and trade it accordingly.

Just the fact that these downside gaps were left behind, is proof that the market makers had planned to go back and fill the gaps during the next tariff tantrum, or whatever other fake news the controllers have on tap.  

Monday June 2nd 

We see inflows, from passive investors (mutual fund buying), as stocks continue to consolidate above the 200 day moving average. 

I suspect we could even see a retest of the recent highs, before the rug is pulled, because this is the pump 'n' dump bulls favorite way of liquidating their assets. Squeeze the short sellers, and dump at new highs. 

 Take Care, AA 

 

Posted by at No comments:
Subscribe to: Posts (Atom)