Where can silver go from here? Its already been $683 | |
Max Powers
(OP) User ID: 72022675 United States 02/01/2021 11:19 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 79643588 Sweden 02/01/2021 11:20 AM Report Abusive Post Report Copyright Violation | The move this weekend was huge!!! Right now ASE's are going for $45. They where just $30 before the weekend. This is a big start! Quoting: Max Powers The physical market is already starting to pull away from the COMEX. WE NEED THE COMEX TO DIE. ITS A PAPER LIE. There is 3 ways to end the COMEX; - A squeeze on the shorts (under way) - Demand for delivery (under way) - Run on physicals (under way) Where can physical silver go from here? Check out this chart below, it won't happen in one night. This run could take us into the fall of 2021 but WE ARE ON OUR WAY! Don't miss the train, get on if you have the extra money. Get food first!! Then come play...enjoy the ride. We are in a new world now... [imgur] [link to imgur.com (secure)] Silver to 1000$ easy |
Max Powers
(OP) User ID: 72022675 United States 02/01/2021 11:22 AM Report Abusive Post Report Copyright Violation | The move this weekend was huge!!! Right now ASE's are going for $45. They where just $30 before the weekend. This is a big start! Quoting: Max Powers The physical market is already starting to pull away from the COMEX. WE NEED THE COMEX TO DIE. ITS A PAPER LIE. There is 3 ways to end the COMEX; - A squeeze on the shorts (under way) - Demand for delivery (under way) - Run on physicals (under way) Where can physical silver go from here? Check out this chart below, it won't happen in one night. This run could take us into the fall of 2021 but WE ARE ON OUR WAY! Don't miss the train, get on if you have the extra money. Get food first!! Then come play...enjoy the ride. We are in a new world now... https://imgur.com/1vPYCaw Silver to 1000$ easy The tangilbles train is leaving the station. Beans, bullets and bullion. They all go up from here going forward... |
Anonymous Coward User ID: 78030288 Netherlands 02/01/2021 11:24 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 24150295 United States 02/01/2021 11:37 AM Report Abusive Post Report Copyright Violation | |
jlee2027
User ID: 33981429 United States 02/01/2021 11:41 AM Report Abusive Post Report Copyright Violation | The move this weekend was huge!!! Right now ASE's are going for $45. They where just $30 before the weekend. This is a big start! Quoting: Max Powers The physical market is already starting to pull away from the COMEX. WE NEED THE COMEX TO DIE. ITS A PAPER LIE. There is 3 ways to end the COMEX; - A squeeze on the shorts (under way) - Demand for delivery (under way) - Run on physicals (under way) Where can physical silver go from here? Check out this chart below, it won't happen in one night. This run could take us into the fall of 2021 but WE ARE ON OUR WAY! Don't miss the train, get on if you have the extra money. Get food first!! Then come play...enjoy the ride. We are in a new world now... https://imgur.com/1vPYCaw I think once physical breaks $50/75, more and more people will pile in, and it will moonshot fairly quickly. There is just no metal out there....supply has been in decline for years. The US Mint used to make 35-40 million ASE's for years, until they couldn't get metal anymore and now it's 15 million per year? This is a lack of metal, not a lack of demand. |
Agent 99
User ID: 77082640 United States 02/01/2021 11:42 AM Report Abusive Post Report Copyright Violation | |
mr dull socks
User ID: 79649609 United States 02/01/2021 11:43 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 79731757 Ireland 02/01/2021 11:44 AM Report Abusive Post Report Copyright Violation | You idiots are going to get screwed.. the price is determined by the paper market, the hedge funds have unlimited paper they can throw at it to drive the price down.. if they can deliver in physical they will just settle in fiat...alot of you must new to the market who don't understand this... |
Anonymous Coward User ID: 18801246 United States 02/01/2021 11:46 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 76760905 United States 02/01/2021 11:47 AM Report Abusive Post Report Copyright Violation | You idiots are going to get screwed.. the price is determined by the paper market, the hedge funds have unlimited paper they can throw at it to drive the price down.. if they can deliver in physical they will just settle in fiat...alot of you must new to the market who don't understand this... Quoting: Anonymous Coward 79731757 Worship your superiors as gods mortal |
Anonymous Coward User ID: 18801246 United States 02/01/2021 11:47 AM Report Abusive Post Report Copyright Violation | You idiots are going to get screwed.. the price is determined by the paper market, the hedge funds have unlimited paper they can throw at it to drive the price down.. if they can deliver in physical they will just settle in fiat...alot of you must new to the market who don't understand this... Quoting: Anonymous Coward 79731757 You're one of them !!! . . . |
Raintown
User ID: 79718679 United States 02/01/2021 11:48 AM Report Abusive Post Report Copyright Violation | Forgive my ignorance, but isn't the way to decimate the hedgers is to buy physical silver only??? I'm all for helping do my part in taking them down (AND restoring silver VALUES to where they should be - as well as making a bit for myself), but I am simply not finding (good thing) physical silver to be purchased... Can one buy coins (90% pure) or should it only be bullion? Why does it matter? Where can I but physical silver? I want to do my part - but to do it educationally. Any help is greatly appreciated OP. Raintown |
Anonymous Coward User ID: 79731757 Ireland 02/01/2021 11:50 AM Report Abusive Post Report Copyright Violation | You idiots are going to get screwed.. the price is determined by the paper market, the hedge funds have unlimited paper they can throw at it to drive the price down.. if they can deliver in physical they will just settle in fiat...alot of you must new to the market who don't understand this... Quoting: Anonymous Coward 79731757 You're one of them !!! . . . No I'm not...I just understand the rigged game..and not stupid enough to fall into this trap... |
HM238
User ID: 80005571 United States 02/01/2021 11:51 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 79996063 Canada 02/01/2021 11:53 AM Report Abusive Post Report Copyright Violation | I think with current materials science (graphene) etc old school uses of silver might be at risk therefore the price. Look at diamonds. Only reason common colored diamonds are so expensive is because of deBeers controlling virtually all diamond supply even tho diamonds are somewhat common on Earth and something which rains from the sky on a moon off Jupiter (I'm not sure which) |
Anonymous Coward User ID: 79920085 United States 02/01/2021 11:55 AM Report Abusive Post Report Copyright Violation | Forgive my ignorance, but isn't the way to decimate the hedgers is to buy physical silver only??? I'm all for helping do my part in taking them down (AND restoring silver VALUES to where they should be - as well as making a bit for myself), but I am simply not finding (good thing) physical silver to be purchased... Can one buy coins (90% pure) or should it only be bullion? Why does it matter? Where can I but physical silver? I want to do my part - but to do it educationally. Any help is greatly appreciated OP. JM Bullion is still showing stock of coins $35 to $40. |
Max Powers
(OP) User ID: 72022675 United States 02/01/2021 11:58 AM Report Abusive Post Report Copyright Violation | |
Max Powers
(OP) User ID: 72022675 United States 02/01/2021 11:59 AM Report Abusive Post Report Copyright Violation | I think with current materials science (graphene) etc old school uses of silver might be at risk therefore the price. Look at diamonds. Only reason common colored diamonds are so expensive is because of deBeers controlling virtually all diamond supply even tho diamonds are somewhat common on Earth and something which rains from the sky on a moon off Jupiter (I'm not sure which) Quoting: Anonymous Coward 79996063 How many oz of diamond are there in a single solar panel? |
Anonymous Coward User ID: 76760905 United States 02/01/2021 11:59 AM Report Abusive Post Report Copyright Violation | It doesn't tell it all. There are some things everyone should understand. Let me see if I can lay them out. 1) Inflation is really caused by an expansion of the monetary base. Whenever the government deficit spends they will create price inflation because there is now more currency chasing the same number of goods and services (perhaps slightly more due to 2% GDP). 2) Money as defined by the constitution is gold or silver. 3) Since 1933 our government has increased the national debt by around 8.5% a year, every year. In 1933 our national debt was $22 billion, do the calculation: Debt 2021 = $22B(1+0.085)^(2021-1933) Debt 2021 = $28,000B = $28 Trillion (about what it is today). 4) Since gold and silver are money according to the US constitution, the value between silver and FRN's need to reflect that inflation in the monetary base. That's a simple calculation: Todays Silver Price = $1(1+0.085)^(2021-1933) = $1,311 per oz So you see, the current price of silver at less than $30 has been artificially rigged in the future's market by selling more future's positions than has actually been mined. That ratio is probably more than 250:1 |
No one at all
User ID: 11645569 United States 02/01/2021 11:59 AM Report Abusive Post Report Copyright Violation | You idiots are going to get screwed.. the price is determined by the paper market, the hedge funds have unlimited paper they can throw at it to drive the price down.. if they can deliver in physical they will just settle in fiat...alot of you must new to the market who don't understand this... Quoting: Anonymous Coward 79731757 Those industries that actually NEED silver quite obviously cannot accept fiat instead of silver, driving the physical price up. If the physical price comes completely decoupled from paper, everyone will see the farce for what it is |
Max Powers
(OP) User ID: 72022675 United States 02/01/2021 12:03 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 77963234 United States 02/01/2021 12:04 PM Report Abusive Post Report Copyright Violation | Here is something that can pay to watch closely (it's a list of the most shorted stocks) [link to www.highshortinterest.com (secure)] |
Fhirinne
User ID: 79463692 United Kingdom 02/01/2021 12:05 PM Report Abusive Post Report Copyright Violation | You idiots are going to get screwed.. the price is determined by the paper market, the hedge funds have unlimited paper they can throw at it to drive the price down.. if they can deliver in physical they will just settle in fiat...alot of you must new to the market who don't understand this... Quoting: Anonymous Coward 79731757 No the price is supressed by the paper markets but giving the illusion its setting the price. But they don't have unlimited paper to throw at it, its already at the point anyone who even knows about it the first thing they ask is.. How the F is this even legal. Theres a limit of what can just be created out of thin air, sooner or laters you have to back that up with physical.. Oops not a hope in hell of ever doing that. You are the CEO of your own wellness. You need to take back your health from the disease-care system |
DJDOG
User ID: 58263323 United States 02/01/2021 12:05 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 79731757 Ireland 02/01/2021 12:07 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 72877373 United States 02/01/2021 12:08 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 79874759 United States 02/01/2021 12:08 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 76760905 United States 02/01/2021 12:11 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 79707904 United States 02/01/2021 12:11 PM Report Abusive Post Report Copyright Violation | Historically, silver has always outperformed gold on these kinds of runs. Actual mined gold vs silver right now is 1oz of gold vs 8-9oz of silver. Last time I checked, the paper gold to silver ratio was dropping like a rock and is currently around 64 to 1. We have a long way to go to see parity with actual mining vs paper inflated contracts. Silver should be between $150 and $205 at current gold prices. The party is just getting started. |