Silvertards--silver just punched through $26.00/oz! Gold just hit its ALL-TIME high in nominal terms over 1975! | |
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UseLessRepEATER
(OP) User ID: 78449755 United States 07/21/2020 07:11 PM Report Abusive Post Report Copyright Violation | Re: Silvertards--silver just punched through $26.00/oz! Gold just hit its ALL-TIME high in nominal terms over 1975! This is what they typically have done to suppress the price, just listen to Ted Butler or Chris Powell. This time it feels different. JP Morgan is in physical possession of several hundred thousand ounces, so they make a profit no matter which way the price goes. Real Eyes, Realize, Real Lies..... Every normal man must be tempted, at times, to spit on his hands, hoist the black flag, and begin slitting throats. ~H. L. Mencken~ We can easily forgive a child who is afraid of the dark; the real tragedy of life is when men are afraid of the light. ~Plato~ When a well-packaged web of lies has been sold gradually to the masses over generations, the truth will seem utterly preposterous and its speaker a raving lunatic. ~Dresden James~ |
UseLessRepEATER
(OP) User ID: 78449755 United States 07/21/2020 07:14 PM Report Abusive Post Report Copyright Violation | Re: Silvertards--silver just punched through $26.00/oz! Gold just hit its ALL-TIME high in nominal terms over 1975! Kitco app is showing 22.33/oz. currently. Real Eyes, Realize, Real Lies..... Every normal man must be tempted, at times, to spit on his hands, hoist the black flag, and begin slitting throats. ~H. L. Mencken~ We can easily forgive a child who is afraid of the dark; the real tragedy of life is when men are afraid of the light. ~Plato~ When a well-packaged web of lies has been sold gradually to the masses over generations, the truth will seem utterly preposterous and its speaker a raving lunatic. ~Dresden James~ |
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Mistress C
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UseLessRepEATER
(OP) User ID: 78449755 United States 07/21/2020 07:26 PM Report Abusive Post Report Copyright Violation | Re: Silvertards--silver just punched through $26.00/oz! Gold just hit its ALL-TIME high in nominal terms over 1975! The last time silver moved up like this was back in 2011. Real Eyes, Realize, Real Lies..... Every normal man must be tempted, at times, to spit on his hands, hoist the black flag, and begin slitting throats. ~H. L. Mencken~ We can easily forgive a child who is afraid of the dark; the real tragedy of life is when men are afraid of the light. ~Plato~ When a well-packaged web of lies has been sold gradually to the masses over generations, the truth will seem utterly preposterous and its speaker a raving lunatic. ~Dresden James~ |
Bud Fox
User ID: 2614027 United States 07/21/2020 07:31 PM Report Abusive Post Report Copyright Violation | Re: Silvertards--silver just punched through $26.00/oz! Gold just hit its ALL-TIME high in nominal terms over 1975! Look in the investing.com chart, and switch the unit to hours. The damn thing has gone parabolic the last 5 days [link to www.investing.com (secure)] Blue Horseshoe loves GLP |
Maddrummerboy
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Bud Fox
User ID: 2614027 United States 07/21/2020 07:34 PM Report Abusive Post Report Copyright Violation | Re: Silvertards--silver just punched through $26.00/oz! Gold just hit its ALL-TIME high in nominal terms over 1975! Quoting: UseLessRepEATER I remember it well. I bought some silver in the $20 and a lot in the $30's, then a few months later it completely crashed before it hit 50. Thankfully I backed up the truck 5 years ago or so when it dropped to $11 so it all evens out Blue Horseshoe loves GLP |
Maddrummerboy
User ID: 77406019 United States 07/21/2020 07:36 PM Report Abusive Post Report Copyright Violation | Re: Silvertards--silver just punched through $26.00/oz! Gold just hit its ALL-TIME high in nominal terms over 1975! Quoting: UseLessRepEATER I remember it well. I bought some silver in the $20 and a lot in the $30's, then a few months later it completely crashed before it hit 50. Thankfully I backed up the truck 5 years ago or so when it dropped to $11 so it all evens out My dad dropped 75k at $29 back in 2011 I was conservative at 15k in Lets hope for that $50+ |
UseLessRepEATER
(OP) User ID: 78449755 United States 07/21/2020 07:36 PM Report Abusive Post Report Copyright Violation | Re: Silvertards--silver just punched through $26.00/oz! Gold just hit its ALL-TIME high in nominal terms over 1975! Quoting: UseLessRepEATER I remember it well. I bought some silver in the $20 and a lot in the $30's, then a few months later it completely crashed before it hit 50. Thankfully I backed up the truck 5 years ago or so when it dropped to $11 so it all evens out My experience almost exactly mirrors yours man! Got in good back in 09, and bought a bunch in 2015 when it was cheap. Real Eyes, Realize, Real Lies..... Every normal man must be tempted, at times, to spit on his hands, hoist the black flag, and begin slitting throats. ~H. L. Mencken~ We can easily forgive a child who is afraid of the dark; the real tragedy of life is when men are afraid of the light. ~Plato~ When a well-packaged web of lies has been sold gradually to the masses over generations, the truth will seem utterly preposterous and its speaker a raving lunatic. ~Dresden James~ |
Anonymous Coward User ID: 79043366 United States 07/21/2020 07:36 PM Report Abusive Post Report Copyright Violation | Re: Silvertards--silver just punched through $26.00/oz! Gold just hit its ALL-TIME high in nominal terms over 1975! What is going on? Are we on the verge of a currency crisis? Quoting: Bud Fox Look in the investing.com chart, and switch the unit to hours. The damn thing has gone parabolic the last 5 days [link to www.investing.com (secure)] new pm-backed currency maybe, like jim rickards has said for many years. |
Anonymous Coward User ID: 10067849 United States 07/21/2020 07:41 PM Report Abusive Post Report Copyright Violation | Re: Silvertards--silver just punched through $26.00/oz! Gold just hit its ALL-TIME high in nominal terms over 1975! What is going on? Are we on the verge of a currency crisis? Quoting: Bud Fox Look in the investing.com chart, and switch the unit to hours. The damn thing has gone parabolic the last 5 days [link to www.investing.com (secure)] China keeps saying they want a gold back currency, maybe they want to back the dollar? In that case silver will have to be an astro amount along with gold. Then they will move to steal it from you... |
Maddrummerboy
User ID: 77406019 United States 07/21/2020 07:44 PM Report Abusive Post Report Copyright Violation | Re: Silvertards--silver just punched through $26.00/oz! Gold just hit its ALL-TIME high in nominal terms over 1975! What is going on? Are we on the verge of a currency crisis? Quoting: Bud Fox Look in the investing.com chart, and switch the unit to hours. The damn thing has gone parabolic the last 5 days [link to www.investing.com (secure)] China keeps saying they want a gold back currency, maybe they want to back the dollar? In that case silver will have to be an astro amount along with gold. Then they will move to steal it from you... They have to find it first |
Bud Fox
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UseLessRepEATER
(OP) User ID: 78449755 United States 07/21/2020 07:47 PM Report Abusive Post Report Copyright Violation | Re: Silvertards--silver just punched through $26.00/oz! Gold just hit its ALL-TIME high in nominal terms over 1975! By my rough math, the gold-silver ration is now down to 81:1, which is still ridiculous, but when you consider it was well over 100 a week ago... Quoting: Bud Fox [link to goldprice.com (secure)] Real Eyes, Realize, Real Lies..... Every normal man must be tempted, at times, to spit on his hands, hoist the black flag, and begin slitting throats. ~H. L. Mencken~ We can easily forgive a child who is afraid of the dark; the real tragedy of life is when men are afraid of the light. ~Plato~ When a well-packaged web of lies has been sold gradually to the masses over generations, the truth will seem utterly preposterous and its speaker a raving lunatic. ~Dresden James~ |
UseLessRepEATER
(OP) User ID: 78449755 United States 07/21/2020 07:48 PM Report Abusive Post Report Copyright Violation | Re: Silvertards--silver just punched through $26.00/oz! Gold just hit its ALL-TIME high in nominal terms over 1975! The current GSR is 82.50, see link: [link to goldprice.com (secure)] Real Eyes, Realize, Real Lies..... Every normal man must be tempted, at times, to spit on his hands, hoist the black flag, and begin slitting throats. ~H. L. Mencken~ We can easily forgive a child who is afraid of the dark; the real tragedy of life is when men are afraid of the light. ~Plato~ When a well-packaged web of lies has been sold gradually to the masses over generations, the truth will seem utterly preposterous and its speaker a raving lunatic. ~Dresden James~ |
Bud Fox
User ID: 2614027 United States 07/21/2020 07:49 PM Report Abusive Post Report Copyright Violation | Re: Silvertards--silver just punched through $26.00/oz! Gold just hit its ALL-TIME high in nominal terms over 1975! By my rough math, the gold-silver ration is now down to 81:1, which is still ridiculous, but when you consider it was well over 100 a week ago... Quoting: Bud Fox [link to goldprice.com (secure)] Thanks - depending upon how often that chart is updated, my number was at least directionally correct. Blue Horseshoe loves GLP |
UseLessRepEATER
(OP) User ID: 78449755 United States 07/21/2020 07:50 PM Report Abusive Post Report Copyright Violation | Re: Silvertards--silver just punched through $26.00/oz! Gold just hit its ALL-TIME high in nominal terms over 1975! By my rough math, the gold-silver ration is now down to 81:1, which is still ridiculous, but when you consider it was well over 100 a week ago... Quoting: Bud Fox [link to goldprice.com (secure)] Thanks - depending upon how often that chart is updated, my number was at least directionally correct. Yeah, you were right there. Real Eyes, Realize, Real Lies..... Every normal man must be tempted, at times, to spit on his hands, hoist the black flag, and begin slitting throats. ~H. L. Mencken~ We can easily forgive a child who is afraid of the dark; the real tragedy of life is when men are afraid of the light. ~Plato~ When a well-packaged web of lies has been sold gradually to the masses over generations, the truth will seem utterly preposterous and its speaker a raving lunatic. ~Dresden James~ |
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Bud Fox
User ID: 2614027 United States 07/21/2020 07:55 PM Report Abusive Post Report Copyright Violation | Re: Silvertards--silver just punched through $26.00/oz! Gold just hit its ALL-TIME high in nominal terms over 1975! That's what's baffling to me, no breaking news driving this. The market is so small though that maybe a big player is buying a big position. Or shit's finally starting to fall apart. We'll know soon enough I guess. Blue Horseshoe loves GLP |
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UseLessRepEATER
(OP) User ID: 79173927 United States 07/21/2020 07:58 PM Report Abusive Post Report Copyright Violation | Re: Silvertards--silver just punched through $26.00/oz! Gold just hit its ALL-TIME high in nominal terms over 1975! That's what's baffling to me, no breaking news driving this. The market is so small though that maybe a big player is buying a big position. Or shit's finally starting to fall apart. We'll know soon enough I guess. Check out this article: [link to kingworldnews.com (secure)] As the price of silver breaks out today, a massive short squeeze may be in the works as Sprott Silver Trust has just filed to raise $1.5 billion to purchase physical silver, which is a jaw-dropping 8.8% of annual global production.... Last Edited by UseLessRepEATER on 07/21/2020 08:00 PM Real Eyes, Realize, Real Lies..... Every normal man must be tempted, at times, to spit on his hands, hoist the black flag, and begin slitting throats. ~H. L. Mencken~ We can easily forgive a child who is afraid of the dark; the real tragedy of life is when men are afraid of the light. ~Plato~ When a well-packaged web of lies has been sold gradually to the masses over generations, the truth will seem utterly preposterous and its speaker a raving lunatic. ~Dresden James~ |
Bud Fox
User ID: 2614027 United States 07/21/2020 08:04 PM Report Abusive Post Report Copyright Violation | Re: Silvertards--silver just punched through $26.00/oz! Gold just hit its ALL-TIME high in nominal terms over 1975! That's what's baffling to me, no breaking news driving this. The market is so small though that maybe a big player is buying a big position. Or shit's finally starting to fall apart. We'll know soon enough I guess. Check out this article: [link to kingworldnews.com (secure)] As the price of silver breaks out today, a massive short squeeze may be in the works as Sprott Silver Trust has just filed to raise $1.5 billion to purchase physical silver, which is a jaw-dropping 8.8% of annual global production.... That would do it. BTW, it is marching upwards again, spot and futures around highs for the day again Last Edited by Bud Fox on 07/21/2020 08:05 PM Blue Horseshoe loves GLP |
Anonymous Coward User ID: 79016688 United States 07/21/2020 08:22 PM Report Abusive Post Report Copyright Violation | Re: Silvertards--silver just punched through $26.00/oz! Gold just hit its ALL-TIME high in nominal terms over 1975! That's what's baffling to me, no breaking news driving this. The market is so small though that maybe a big player is buying a big position. Or shit's finally starting to fall apart. We'll know soon enough I guess. Check out this article: [link to kingworldnews.com (secure)] As the price of silver breaks out today, a massive short squeeze may be in the works as Sprott Silver Trust has just filed to raise $1.5 billion to purchase physical silver, which is a jaw-dropping 8.8% of annual global production.... That would do it. BTW, it is marching upwards again, spot and futures around highs for the day again I saw that yesterday, but the link seems iffy. A real massive short squeeze would be truly something else to watch. A chat on investing is saying no friction from $23-28 range. |
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