HawkHybrid

1 hour ago, Minimalist said:

The bankers are keeping metals suppressed and to be honest they are doing well at it. But for some reason its met with members on here claiming they arent (you know who you are) despite unequivocal evidence.

 

1 hour ago, Minimalist said:

In fact the "fiat system/credit/banking system" depreciates off metals anyway this is a fundemental fact so its the biggest proof of the truth.

hand waving does not constitute evidence.

actually evidence is figures that can be calculated such as those from

https://www.silverinstitute.org/silver-supply-demand/

all of which you dismiss because they are evidence that prove what you currently have is not the whole truth.

1 hour ago, Minimalist said:

We are the cattle and we know it deep down. Most of the sheeple love their enslavement. Harsh reality. But I can admit it.

the harsh reality is that you are being brainwashed into taking losing bets on silver by the physical silver pumpers.

https://www.youtube.com/watch?v=b0SoKWLkmLU

lisa physical silver pumper: 'poor predictable bart minimalist, always takes rock silver'

bart minimalist: good ol' rock silver, nothing beats that'

HH

1 minute ago, Kman said:

Ohhh thats your game, youre being wilfully ignorant or dont understand context

 

 

I know what I'm expecting the dollar to do.

I'm just referencing the minimal amount of data to make my point.

(every time supplying historic data with @Minimalist results in name calling just as soon as he can't stand

not being able to dis-prove historic data)

HH

2 minutes ago, Minimalist said:

200dma?

200 daily moving average, which is usually used by institutional investors.

Whats next? what is a head and shoulders pattern?

Your full of flagrant ignorance. 

either dodging the question or ignorant of the implication.

holding above the 200dma means that the dollar is not currently weak.

(which is what kman stated).

1 hour ago, Minimalist said:

because a gangster chart says so?

trading in prices and organised prices produce charts.

why do you bother with trading? you obviously don't believe in charts.

HH

2 minutes ago, Minimalist said:

Considering I trade its laughable reading such nonsense, but your full of flagrant p*sh and accusations that could never stand up to reality.

2 minutes ago, Minimalist said:

If am wrong, Silver and Gold are the right price in accordance to the Dollar supply, right?

ever heard of the statement

'the market can be irrational for longer than you can be solvent?'

the whole point of trading is that prices are constantly moving and that they are likely not always right.

didn't wonger also claim that he was a trader?

@Minimalistas a trader what does the following mean?

Quote

On the flip side the dollar is looking good with all its moving averages back in line, above its 200dma

HH

7 minutes ago, Kman said:

What

Monetary inflation means general price inflation because of an oversupply of currency

If your currency is strong that represents demand and so there cant be too much of it.. and you can import for less so general prices arent going to rise are they

a strong economy can produce both a stronger dollar and inflation.

(the (correct)printing of currency must provide the ample liquidity for circulation.)

HH

1 minute ago, Minimalist said:

You seem to be under the impression that I fail to understand the mechanics of central banking and monetary policy.

you don't understand charts.

but you like to provide baseless claims that they are wrong.

because you have some strange idea that a middle trading dollar chart implies there is no inflation.

HH

16 minutes ago, Minimalist said:

People like Michael Burry are wrong? Are you trying to attempt to infer there is no inflation because a gangster chart says so?

a strong dollar does not mean there is no inflation.

inflation is linked to the strength of the dollar.

the strength of the dollar is not linked to inflation.

similar to how a murderer is a criminal, but a criminal is not a murderer.

a question might produce an answer but an answer does not determine the question.

HH

31 minutes ago, Minimalist said:

Who told you that, the Fed?

here we go again.

people who are incapable of properly reading charts providing completely baseless claims.

it's not that difficult. if the dollar index goes under 90 then the dollar is seeing some trouble.

if it's in the middle like it is now then nothing seems to be happening yet.

Quote

On the flip side the dollar is looking good with all its moving averages back in line, above its 200dma

do you actually understand what the above statement means?

HH

2 hours ago, SPGfuntime said:

When they choke economy by covid situation they also probably choke some of silver demand like everything else. 

so is keith neumeyers figures made up or are thesilverinstitutes figures correct?

because they are the same figures.

HH

20 minutes ago, sixgun said:

Perhaps you should watch the Wall Street Silver video.

keith neumeyer's claim is simple. if he says demand is 1 billion toz then it's true.

if thesilverinstitute says the exact same demand of 1 billion toz then they are making it up.

what do I expect to achieve from watching rubbish?

HH

20 minutes ago, sixgun said:

They were talking about the Silver Institute report. Keith was saying he pays to support the Institute but wonders why he bothers. He said he had numerous of this year's reports but they were only worth throwing in the bin.  He went through the figures and explained how most of them are made up. They do not know and cannot know the numbers - even Keith didn't know some of the figures. So they must be simply making up the numbers.

keith neumeyer twitter 'We're consuming 1Boz of silver per year.'

thesilverinstitute figures for total demand are ~ 1 billion toz for each of the years 2012-2019.

keith neumeyer needs to decide whether his own figures are made up or

that that both figures(both are close enough) are correct.

HH

5 hours ago, Jvw said:

I am far from an expert. But i agree, specially as mining volume is decreasing according to Keith Neumeyer from First Majestic.

Interesting point on ratio's also...

 

https://www.silverinstitute.org/silver-supply-demand/

if you don't include 2020 due to covid disruptions, then it's a 5% fluctuation over a decade.

despite the lower price, since 2016 we have been mining at least the same quantity as we did in 2012.

what does that tell you about the ability to supply silver?

HH

37 minutes ago, Bigmarc said:

The thing is, there is so much happening in the world at the moment. It's almost impossible to analyse. I think one thing we can all agree on is fiat is a worrying call at the moment so try and spread it around as much as possible. 

might have been watching too many 'I hate fiat currency videos'?

(you need to keep it simple)

24 minutes ago, SidS said:

I can't speak for the States but I imagine in the UK the announcement of inflation rising, the whole national insurance rise, the retreat from furlough, the withdrawal of the temp Universal Credit, the whole concern over fuel bills etc. Etc...

I could go on and on, but as you can see there's lots of other places where money will be directed.

this is what I believe will happen.

if you ignore all the permanent doomsayers, holding some cash to pay the bills is something

really useful to have going forward. 

HH

3 hours ago, CollectorNo1 said:

Do you think you will live long enough to see Triple digit silver......?

my interpretation is can you wait 2 decades for the next silver price peak to hit $100+/toz?

HH

6 minutes ago, Bigmarc said:

I think I worked it out once that gold should be 4800 now if it followed the same inflation path as a first class stamp. It was something like 12p in the 1980s and 85p now, around the 600% mark.

gold was overpriced near the price peak in 1980.

what if you took the price in 1990?

HH

21 minutes ago, Dan12345 said:

The world is definitely changing and over the next 10 years could change more than it has for a very long time. The economy won't be the same and the dollar could crash especially with the amount of money America are printing. All this could drive the prices of PM right up. No one really knows what will happen even mystic meg but we can all live in hope for the highest prices ever. 

the £ has been 'crashing' since the height of the british empire(decades ago).

historically the roman debasement of money happened over centuries.

it's only been 50 years since bretton woods. if history rhymes then dollar debasement

could happen for a lot longer. timescale is everything.

doomsday high gold prices is not what I would be hoping for.

HH

1 hour ago, Dan12345 said:

So I've read a few times that gold could reach prices of up to £5k in the future. I take that with a pinch of salt but if this was to happen would it be hard to sell the gold you have. Surely no one would want to buy it at those prices or do you think dealers would still buy it. Everyone would want to cash in which also could make it hard to sell. 

Just wondered what peoples opinions on this was if by some miracle it did happen

a price prediction without a time frame lacks context and hence lacks insight.

imagine a best before end that reads 'unsuitable for consumption some time in the future' 

with context you can work out how realistic a prediction is.

(just so that it's clear. actual experts always give a time frame as they have a track record of how

many times they've been correct in the past. they don't have 'I'm never wrong because there's

unlimited amount of time for my prediction to be correct'. needless to say that those that do not

give a time frame all lack expertise in the field.)

HH

1 hour ago, paulmerton said:

I'm still not entirely sure what the difference is between a stacker and a collector. The two terms seem almost synonymous for some people.

imo a stacker holds quantity and a collector holds pieces of a story.

an important difference is when it comes to exit strategy. stackers can offload in bulk by weight

with the price determined mostly by spot. collectors have more individual items to sell, maybe

as part of a set or organised historic representation.

price determined by weight = stacker

price determined by appearance = collector

HH

6 hours ago, ashr said:

I just feel as an absolute beginner, silver would be the stepping stone onto gold.

I vote bullion gold sovereigns.

it is one of the most forgiving for beginner error.

HH

52 minutes ago, Dragonfly said:

When we are discussing 10, 20 or 30 year investment perspectives in relation to coins of our realm being CGT free since legal tender, the elephant in the room for me is that Maggie aint guna live forever.  How long will the BOE allow current legal tender to remain in use after the Queen pops her clogs?  For me the growing likelihood of this event presents them the perfect opportunity to then tax all us stackers.  

edward VII, george V sovereigns etc are cgt free. why do you believe other non currency

cgt free coins will change their cgt free status when there is a monarch change?

HH

exit strategy?

if you work backwards from your exit strategy, then what you should be accumulating now

will hopefully become clearer.

HH

12 minutes ago, Stacktastic said:

Thats why Im making my own investments in gold stocks

what would your gold stocks likely do if gold does drop to $1600 within a year?

HH

1 hour ago, Stacktastic said:

so some off thier stuff cannot always be trusted (like Annas 'gold will tank' video last week

https://www.youtube.com/watch?v=X9qHlLL5-n8

why is it that the ubs analyst that came up with a charting prediction of $1600 'cannot be trusted',

where as pm perma bulls choosing completely random numbers that don't match with anything

'can be trusted' ?

HH

1 minute ago, Zhorro said:

So can I ask where do you get your financial information from?

I don't. the internet is a great source of data but a poor source of information.

you don't need to know everything about everything. you don't need to blindly jump onto what might

be the next big thing. plenty of people get on with doing whatever they know best.

when have any broadcaster that you've watched actually got it right in a time frame that could have

been useful to you?

https://www.youtube.com/watch?v=iGLizqPiCa4

anytime that some maybe useful information is actually available it's completely padded out with 'I'm

not against silver'.

what you should be asking yourself is how can I recognise good information if I come across it?

HH

Just now, Zhorro said:

So can I ask where do you get your financial information from?

I do watch Bloomberg TV (access is free) and they cover a lot more business stories than the BBC or Sky, but I suppose all broadcasters are biased to some degree.  But alternative suggestions would be gratefully received.

the problem with broadcasters is that hype is good and means more viewers.

it's all about what people want to hear.

why would you need financial information from any broadcaster?

HH