Gold and silver price....wtf | |
hwy_ho
User ID: 78486360 Canada 01/18/2022 08:31 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 81076976 United States 01/18/2022 08:34 AM Report Abusive Post Report Copyright Violation | |
billetman
User ID: 77843064 United States 01/18/2022 08:35 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 79804802 Singapore 01/18/2022 08:36 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 81390733 United States 01/18/2022 08:38 AM Report Abusive Post Report Copyright Violation | |
Robinr999
User ID: 81758737 United States 01/18/2022 08:38 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 79804802 Singapore 01/18/2022 08:39 AM Report Abusive Post Report Copyright Violation | Bank of America (assisted behind the scenes by JP Morgan) is now the "Big Silver Short." Every one dollar rise in the price of silver on the COMEX puts BofA $800 million in the hole. Yes. They are short 800 million ounces (almost an entire year of silver production, worldwide.) |
TacoCassa
User ID: 81074696 United States 01/18/2022 08:39 AM Report Abusive Post Report Copyright Violation | It's not manipulation, it's because the buyers of those assets that would typically use it as an inflation hedge have jumped to crypto hoping for quick/huge profits instead. Once that fad has crashed out to the basement in the next year or two, those with anything left will go back to the tried and true gold and silver. Just the system flushing out bad money at the moment. Only two things will remain solid assets, Gold and Oil. Like always. |
Anonymous Coward User ID: 81424401 United States 01/18/2022 08:40 AM Report Abusive Post Report Copyright Violation | Its common sense. If the dollar is losing value. It is losing value across the board. whether your buying Hotels or crackers. But In the case of metals its not. The only reason its not is because the banks have counterfeit paper silver and gold . Its being surpressed. And I dont know if there will ever be true price discovery again. Its criminal. |
Anonymous Coward User ID: 79804802 Singapore 01/18/2022 08:40 AM Report Abusive Post Report Copyright Violation | |
Endtimewatchman10
(OP) User ID: 76376503 United States 01/18/2022 08:40 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 80436960 United States 01/18/2022 08:41 AM Report Abusive Post Report Copyright Violation | Than I suggest you buy it at this price You will learn real WTF Silver sale 35% over spot Should you want to sell- good if you manage 30% below spot Gold trades slightly better- 7% over spot buy , 15 % below spot sale Palladium ,Platinum stay away. Sells for shitty pennies compared to " spot"reason being ibdustrial metals |
Endtimewatchman10
(OP) User ID: 76376503 United States 01/18/2022 08:44 AM Report Abusive Post Report Copyright Violation | But the shyster Kyosaki has been telling people on TV that the price of silver is set for the biggest rise ever. I think he has been saying that for at the last three years. Meanwhile Russia and China has been loading up on Gold. I still won't give up on the value of having Gold and Silver. Endtimewatchman1 |
Anonymous Coward User ID: 79804802 Singapore 01/18/2022 08:49 AM Report Abusive Post Report Copyright Violation | But the shyster Kyosaki has been telling people on TV that the price of silver is set for the biggest rise ever. I think he has been saying that for at the last three years. Meanwhile Russia and China has been loading up on Gold. I still won't give up on the value of having Gold and Silver. Quoting: Endtimewatchman10 I have 600 Toz .9999 silver, plus a bunch of the miners (First Majestic, Dolly Varden, Blackrock etc.) but I'm losing hope. It's been suppressed for so long that I believe "They" will never allow it to rise again, at least not until all the wheels fall off. |
TacoCassa
User ID: 81074696 United States 01/18/2022 08:49 AM Report Abusive Post Report Copyright Violation | But the shyster Kyosaki has been telling people on TV that the price of silver is set for the biggest rise ever. I think he has been saying that for at the last three years. Meanwhile Russia and China has been loading up on Gold. I still won't give up on the value of having Gold and Silver. Quoting: Endtimewatchman10 It is. Gold, Silver, Oil will all rise astronomically some point in the next decade. It's not a matter of if, but when. Just be patient and watch what's happening in the markets. |
Anonymous Coward User ID: 79248910 United States 01/18/2022 08:49 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 79248910 United States 01/18/2022 08:51 AM Report Abusive Post Report Copyright Violation | Its common sense. If the dollar is losing value. It is losing value across the board. whether your buying Hotels or crackers. But In the case of metals its not. The only reason its not is because the banks have counterfeit paper silver and gold . Its being surpressed. And I dont know if there will ever be true price discovery again. Its criminal. Quoting: Anonymous Coward 81424401 Silver is never going up. Gold will go up, but nothing like what is expected. |
Anonymous Coward User ID: 76985372 United States 01/18/2022 08:53 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 56224489 United States 01/18/2022 08:57 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 72450935 United States 01/18/2022 08:58 AM Report Abusive Post Report Copyright Violation | Inflation and value of the dollar is going down and silver and gold price....no rise. Seems like manipulation to me. Quoting: Endtimewatchman10 Ya think? the plan is to destroy the dollar, if you have cash move into hard assets now. property, gold, silver, ammo, planes, guns. am taking most of my holding in the bank (already bought property last feb 2021/and it has doubled) buying up 1000oz of silver. the reset that is coming also includes a monetary reset, the can has hit the wall. |
Anonymous Coward User ID: 75339464 United States 01/18/2022 09:00 AM Report Abusive Post Report Copyright Violation | |
Endtimewatchman10
(OP) User ID: 76376503 United States 01/18/2022 09:12 AM Report Abusive Post Report Copyright Violation | Inflation and value of the dollar is going down and silver and gold price....no rise. Seems like manipulation to me. Quoting: Endtimewatchman10 Ya think? the plan is to destroy the dollar, if you have cash move into hard assets now. property, gold, silver, ammo, planes, guns. am taking most of my holding in the bank (already bought property last feb 2021/and it has doubled) buying up 1000oz of silver. the reset that is coming also includes a monetary reset, the can has hit the wall. Endtimewatchman1 |
Anonymous Coward User ID: 80967069 United States 01/18/2022 09:13 AM Report Abusive Post Report Copyright Violation | |
ranjmaz
User ID: 80843366 United States 01/18/2022 09:17 AM Report Abusive Post Report Copyright Violation | [link to silverseek.com (secure)] "I had speculated roughly a year earlier on the occasion of 300 million ounces of silver being deposited into the silver ETFs (primarily SLV) that my guess was that the physical metal inflow was the result of JPMorgan leasing the silver to an unnamed third party (or parties). When the OCC report for Dec 31, 2020 came out (released at the end of March 2021), since the $8.3 billion suddenly reported for Bank of America, when divided by silver’s yearend closing price of $26.50, equaled 300 million oz, it was a confirmation of my original speculation closer than I could have ever imagined. Here’s the problem – when using that same formula – dividing the Sep 30 holdings of BofA of $18.3 billion in the new OCC report by the $22.20 closing price of silver that day, the result is more than 800 million oz and not the 500 million oz stated by me on Sunday and in yesterday’s public article. I confess to using the 500 million oz amount because 800 million oz sounded “too high” to me and I reasoned that maybe some platinum and palladium was in the $18.3 billion figure listed in the OCC report. But who the heck am I to make such allowances? I didn’t make such allowances when BofA’s holdings were $8.3 billion as of Dec 30 and I can’t come up with any good reasons to do so now." |
Anonymous Coward User ID: 77394259 United States 01/18/2022 09:35 AM Report Abusive Post Report Copyright Violation | Patience, cricket. Quoting: Anonymous Coward 81390733 Think beachball being held down, submerged beneath the surface. It will revert. 2 weeks? bc its been rigged for decades Not 2 weeks. Eventually but could still be a really long time. But in the end, it will be a literal life saver. |
Anonymous Coward User ID: 77394259 United States 01/18/2022 09:36 AM Report Abusive Post Report Copyright Violation | Its common sense. If the dollar is losing value. It is losing value across the board. whether your buying Hotels or crackers. But In the case of metals its not. The only reason its not is because the banks have counterfeit paper silver and gold . Its being surpressed. And I dont know if there will ever be true price discovery again. Its criminal. Quoting: Anonymous Coward 81424401 Silver is never going up. Gold will go up, but nothing like what is expected. They will both go to infinity. All fiats go to zero. |
anybodysguess
User ID: 81887005 United States 01/18/2022 09:37 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 80608157 United States 01/18/2022 09:48 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 76512231 United States 01/18/2022 09:57 AM Report Abusive Post Report Copyright Violation | |
John Paul 5280
User ID: 80407123 United States 01/18/2022 10:04 AM Report Abusive Post Report Copyright Violation | |