The #silver conspiracists are having a field day, claiming the @CMEGroup, worried about a thin order book, shut down its entire platform to prevent a breakout. Needless to say, that’s complete nonsense. And before the comment area lights up like a Christmas tree, do note I have been bullish on silver since 2022, and expect prices to climb further in the coming months. On a more serious note, it has been a long while since we’ve seen an outage of this duration. Thankfully, it arrived on a relatively quiet trading day, with many US participants enjoying a long Thanksgiving break.

Bitcoin lost its allure once the ETF crowd was allowed in. It has become just another risk on/off product with some of the original whales cashing in

#Platinum ($1580 +2.2%) is challenging trendline resistance after establishing a double bottom near USD 1,500, a level that coincides with a 50% correction of the August to October rally. The 21-day moving average around USD 1,600 - a short-term momentum indicator - likely to be the next level of interest.