silversky

It's a interesting read, even tho most of you can't agree. Out of interest, why would you be invested in a market you believe is manipulated? Can't be healthy for the head.

it's rubbish because it's irrelevant and purposely there to add complication.
 
stop beating about the bush and come up with buyers for £30/toz bullion silver.
 
HH

Bottom line is price reflects wider supply/demand of the market.  Whatever shenanigans in the daily price action, if buyers cant acquire the product they require they will raise the price until their demand is met.  So the silver price approximates to supply/demand.  If as claimed its suppressed, there's either huge unmet demand that just accept not obtaining their product, or supply that continues to under sell their product.  Its irrational and nonsense this state would be stustained. 

Still debating but on topic now  good work. 

Let's see how the week finishes out.  There seems to be a lot of bears around at the moment, but I still think (as I said last week) that this week will close flat or above it's open and that "the bottom will be in".  Looks like a pretty strong push for the stops was made but gold has dragged silver back up by the scruff.  I fully expected the dive for the stops.  The coming close on Friday's going to be important.

Andrew Maguire has been like a stuck record on replay since I heard him first on king world news way back in 2010. He will be right one day but a stopped clock is right twice a day and that's a better track records than him

The paper silver market and the physical markets are completely disconnected at this point. The metals are backwardated and as a result metal for delivery is being bought heavily.
This is momentum / algo traders going short and the Banks on the other side going long. The BIS squaring off unallocated metal in preparation for Basel III is at the root. 
Dumping 25% of world silver production (with no metal actually to sell) is blatant manipulation.  

As Bix Weir says, "They can put it to -$40, just like they did to oil" 
Whilst I don't agree entirely on that statement, I do think that they can manipulate it a lot lower. 

Whether this is because they feel the need to exit those short positions before the beginning of 2022 with the Basel III rules, I have no idea. I like the sound of that as it does sound plausible, but then they have been manipulating PMs since I was in nappies, so what do I know 

Lets get back on track as this is a silver monitoring thread on a silver forum.
It's taken a nose dive today, so at least we have somehting to talk about. 😜

I thought we had seen the bottom yesterday, but it can easily get a lot lower. 
Fabulous opportunity if you ask me. 

Please don’t discuss banned members. He was banned because he replied very disrespectfully to my message to him about why I hid his post where he stated factually incorrect information that he was not offered a discounted rate.
The terms and conditions clearly states:
He was however offered to rejoin at a substantially discounted membership rate, to which he refused.
I believe his anger against the forum all started from when he felt he should have won the writing competition. Which was supposed to be a bit of fun for members, but he did not take it like a sports man or a bit of fun and instead insulted the winner and other forum members saying the winner’s article was rephrased: rubbish. 

This member has been permanently banned solely for being disrespectful and telling me to never contact him. He clearly doesn’t want to be a member of the forum. Any subsequent posts in regards to discussing this member will be hidden as I do not wish to bring issues onto the forum. 

There are energy shortages coming all over the world.  China has numerous blackouts right now, and the EU nations have significantly less gas stored than they did in previous years.  Gas is going to be short this winter, which means gas reliant products will be short in the spring.  The UK has a pathetic amount of storage capacity and it'll be really ugly if they use it up making electricity instead of heating homes.  It's only something like 1-2% of annual usage, so we're going to be at the mercy of the prevailing price and unable to use it for making cheap electricity.
I'm guessing that some here will regard worldwide increases in energy costs as "transitory factors", separate from the standard currency debasement, and therefore not inflationary.  It seems to me as if some regard 'real' inflation as only ever coming from currency expansion.  But if that's to be the stick by which the value of my pound is measured (which buys less energy to heat my home), it doesn't tell me very much.  If my money buys me half what it did last year, I'm absolutely poorer for it, and the money in my pocket can be said to have lost its value.  If that's not inflation, I don't know what is.
If the objection is to calling transitory supply issues inflation, then there should have been equal objections to counting reduced energy prices when US fracking brought the price of oil down due to a glut.  But there wasn't!  Inflation fell and they juiced the pipeline with billions and billions. The objections to counting certain price changes seem to be only for certain rises and not for the falls.  It strikes me that the whole explanation is just a con.

The way I look at it is simple and I guess ties into what @silversky was saying.
Twenty years ago when I pulled a £5 note out of my pocket and bought things (food items, stationery, CDs, bus/train fare etc.) I'd often get change, and depending upon what I'd bought I'd get a modest amount of change. By 2010 I'd get only a few pence change, if any. Here in 2021 I have to use coins with the £5 note to make it up to the required amount. To me, that's inflation, my currency doesn't go anywhere near as far as it used to.
Measure in gold pounds, back in 2001, £1000 would get you anywhere between 12 and 16 sovereigns. Since the 2008 crisis, it's been hovering around only £3-£6 gold pounds for £1000 of fiat.
Yeah sure, gold is and has been manipulated for a long time, with all the bullion sales of the early 2000s, perhaps it was too low, perhaps since 2009-2011 it's been too high, but there's a fairly wide spread in there none the less - inflation is definitely there, they just try to hide it. I think they're going to need a bigger rug to sweep it under or a denser set of curtains to hide it behind.

Well i have been saying that we are going to be hit with heavy duty inflation for years. We have been dealing with inflation for years but they manipulate the price index shopping basket to keep the numbers down. People on fixed low incomes have to deal with this and suffer. i have been talking about shortages as well - especially food shortages for years. 
The one bonus is real money is on offer. This is the bonus i suppose - real money is on offer.
Keep swapping out the bad money for good.

ZeroHedge just reporting that the United States Dollar Tree store (1$ store) is now increasing products prices over $1, first time ever in its entire history. Also, Cotton futures soaring, clothing is going to hit.
Dont worry though, the Cartel told us that everything is transitory and that the Dollar stores in the United states will end up in a deflationary position post-printer ritual. But thats not enough, the Cartel is screaming on more fiat money printing.
Its undeniable we are over 10% minimum in every single resource. Yet, the keynesians in here are still committed in siding with the Cartel that it will all blow over, that everything will fine long term, "its transitory", the manipulated inflation target will return eventually. Farmers, shop owners, supply chains telling you different. No coerced, manipulated and artificial data or chart can tell me whats going on around me. Inflation is everywhere, soaring and roaring, even hyperinflating on certain resources. @sixgun and myself have been saying it for years... YEARS that inflation will cause shutdowns and collapses which in turn will give even more powers to the Bankers and Globalist entities.
I can tell you from my shopping experience yesterday that milk went up 20p, one of they ARLA lacto free semi skinned milk products. It went from £1.35 to £1.55, that is a 14.81% increase. My income can only DREAM of supporting such inflation.
I am honestly sick to the back teeth of the denial, not only on resources, but the prices of metals, people denying they arent manipulated because some gangster chart tells them so.
Yous (you know who you are) can believe in the Cartel all you want (its your right) but I wont. Im marked in with my metals, ready for anything and everything.
When the finance sector wakes finally up, all the hedge funds and finance institutions will rev up the metal prices, yous watch.

There are energy shortages coming all over the world.  China has numerous blackouts right now, and the EU nations have significantly less gas stored than they did in previous years.  Gas is going to be short this winter, which means gas reliant products will be short in the spring.  The UK has a pathetic amount of storage capacity and it'll be really ugly if they use it up making electricity instead of heating homes.  It's only something like 1-2% of annual usage, so we're going to be at the mercy of the prevailing price and unable to use it for making cheap electricity.
I'm guessing that some here will regard worldwide increases in energy costs as "transitory factors", separate from the standard currency debasement, and therefore not inflationary.  It seems to me as if some regard 'real' inflation as only ever coming from currency expansion.  But if that's to be the stick by which the value of my pound is measured (which buys less energy to heat my home), it doesn't tell me very much.  If my money buys me half what it did last year, I'm absolutely poorer for it, and the money in my pocket can be said to have lost its value.  If that's not inflation, I don't know what is.
If the objection is to calling transitory supply issues inflation, then there should have been equal objections to counting reduced energy prices when US fracking brought the price of oil down due to a glut.  But there wasn't!  Inflation fell and they juiced the pipeline with billions and billions. The objections to counting certain price changes seem to be only for certain rises and not for the falls.  It strikes me that the whole explanation is just a con.

There are energy shortages coming all over the world.  China has numerous blackouts right now, and the EU nations have significantly less gas stored than they did in previous years.  Gas is going to be short this winter, which means gas reliant products will be short in the spring.  The UK has a pathetic amount of storage capacity and it'll be really ugly if they use it up making electricity instead of heating homes.  It's only something like 1-2% of annual usage, so we're going to be at the mercy of the prevailing price and unable to use it for making cheap electricity.
I'm guessing that some here will regard worldwide increases in energy costs as "transitory factors", separate from the standard currency debasement, and therefore not inflationary.  It seems to me as if some regard 'real' inflation as only ever coming from currency expansion.  But if that's to be the stick by which the value of my pound is measured (which buys less energy to heat my home), it doesn't tell me very much.  If my money buys me half what it did last year, I'm absolutely poorer for it, and the money in my pocket can be said to have lost its value.  If that's not inflation, I don't know what is.
If the objection is to calling transitory supply issues inflation, then there should have been equal objections to counting reduced energy prices when US fracking brought the price of oil down due to a glut.  But there wasn't!  Inflation fell and they juiced the pipeline with billions and billions. The objections to counting certain price changes seem to be only for certain rises and not for the falls.  It strikes me that the whole explanation is just a con.

Sometime I really want to think that this is true.
& they are just a bunch of upper crust wallies who are completely out of sync with real life. 

I prefer to be ruled by democratic idealistic cretins and not totalitarian facist reptilians. 

Ive posted about food inflation a few times,  as said before the government need cheap food to keep the masses happy.    Next year will be a shock for everyone food inflation will be high and some things won’t be available 
2 big things fertiliser gone from £200 last year to £475 this if you can get it. Tens of thousands of acres of grain won’t be planted this year.     Added to this the government’s green revolution whereby they are paying for wild flowers and bird seed mixes are taking as much out the system also.   So Britain will have to get used to having some pretty flowers and some nice birds but bread will be short. 
government are too blind to see what’s happening but this time next year food will be a struggle  

Its incredible, people genuinely believe it despite witnessing their own shopping basket increase in price. All to deny it for God Powell.

Sorry - you are deceiving yourself. You clearly don't understand Fed QE is bank reserves. Anything you see going up is transitory supply side fluctuations and they will settle down pretty quickly. The $trillions being pushed out as stimmies, furlough, bail outs etc - these are minor ripples on the pond - it's transitory - Jay Powell called me last night and told me so. 

Keeping it on topic, a page or two back someone asked what the price of Silver would be this week?  I'm betting higher and that by the the end of this week, the bottom will be in... 
 

Keeping it on topic, a page or two back someone asked what the price of Silver would be this week?  I'm betting higher and that by the the end of this week, the bottom will be in... 
 

Keeping it on topic, a page or two back someone asked what the price of Silver would be this week?  I'm betting higher and that by the the end of this week, the bottom will be in... 
 

I think we're getting slightly off topic now for this thread.

Have you seen the silver price this morning 

In 1971 a pint of milk was 5p and a large loaf of bread was 10p. Clearly the GBP is not failing. Stronger than ever.
Sometimes i get lost with your posts - i am starting to think you do this to wind me up.
i am now going to promise myself - i have hidden HH's posts for a reason, do not click on 'show post' - do not do it, for your mental health and blood pressure - don't do it.