Don’t be fooled by this Deepseek bullshit. That’s just a shiny object.
The real reason for the market pullback is the hot money borrowed in Japan, having to return home.
Once again the Yen carry trade causes chaos. The carry trade bros are HIGHLY levered so even 25 bps hike is like Mt Everest. Their borrowing costs just doubled. So they need to get the money out of the U.S., converted back to Yen and pay off the loans and lines.
All this hot money was in the Mag 7 and it’s going to get crushed today as the money comes out.
I’m not going to be surprised if gold and silver get hit too. That’s usually what happens when the margin call man comes knocking. However there is a possibility that commodities do relatively well. Including oil.
I love days like this because I’m always prepared for days like this. The days when the tide goes out and all the naked people are embarrassed.
But have no fear. In a couple of months or three the markets may be back at all time highs.
Good luck
Wishing you a strong and meaningful Christmas season. I’m sincerely grateful for your loyalty, trust, and unwavering support—it does not go unnoticed. May this time bring well-earned rest, renewed focus, and the drive to take on the year ahead with confidence and purpose. Thank you for standing with me. Merry Christmas Coach Gang!
Ok here we go.
CME is on some fuckery to crash the price of silver.
Effective Monday, December 29, they are hiking silver margin requirement...AGAIN.
AND The CCP is restricting silver exports from China in exactly 5 days on January 1st 2026.
However, it may matter very little, because unlike 1980, this is a physical silver shortage. They can raise the margin requirements to 100% and it won’t stop people from purchasing contracts for DELIVERY.
Raising collateral requirements does not create any new metal. There is not enough silver to meet current/near future demand, and there are no substitutes for silver.
The problem is that the assholes at the CME have allowed the futures markets to become delivery markets, and there is nothing they can do to change that.
It’s going to be interesting to watch the market drama. Either way I’ll still be a silver millionaire.
Good luck
