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Silverclown

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Posts posted by Silverclown

  1. 1 hour ago, g33x0r said:

    I just picked up the 1 oz. silver coin, was the 5oz. actually ever available and it went out of stock that fast?  Or did they just never actually make it available for sale and just put the product page up?   I have both the 1 oz and 5oz versions of the other two in the series, I was hoping to continue that trend....

    They normally sell the 5oz later on.

  2. 11 minutes ago, pneustack said:

    There are likely many factors.  I'd start with the Dollar index first, because it is the highest since May 2017.  Metals arent always inversely correlated to USD obviously, but at the moment the relationship appears to exist.  Secondly my mind goes to the recent liquidity crunch for big banks and the overnight desk/repo market... I think its absolutely a possibility that funds and banks are liquidating some metal and bitcoin holdings to cover other positions.  Then you have the end of the quarter and a lot of rebalancing going on, which given the recent run of metals would suggest a lot of funds need to shed that gain and rebalance into underperformers.   Next you have China's "Golden Week," there is a good writeup on Zero Hedge about this today.   Trade War is quiet, War with Iran is quiet, Trump impeachment is quiet- ie a lot of geopolitical risk has been tabled or at least isnt front page news.  Plus manipulation.  🙄  The point is there's likely a confluence of factors, many we can speculate on, but the best "known" which exists at the moment is that we get to continue stacking for cheaper.   Also, fwiw, I think the Jan 2020 monthly SO/Silver contract options for COMEX expired on 9/26.  Cheers!

    Could you expand on COMEX Expired on 9/26?

  3. 40 minutes ago, Nobody said:

    Lol. 

     

    So by 2021 or 2039 will be complete doomsday? For a person under 30, in a dead end job earning mid 20s salary,  what advise would you give? 

    Productivity is the key to a great life and savings.

    Money isn’t the gauge to a good life also but it helps. You will always have problems big or small it’s the way we deal with them is the test.

    i love working, I just don’t like working with idiots...

     

  4. 4 hours ago, gustavus said:

    Posting my opinion as i see often in internet that russia is somekind of superpower. Thyer super only in bluff.

    They are messing their missile tests, sinking own subs and buy their cheese abroad. St Petersburg cant even clean their own water (finland build and funded plants). And top of all they are feeding fake news all around.

    Russian numbers about economics are as good as chinese. No one really knows. Thats why they are buying gold.

    For normal russians dollar is the money they use. My hometown was in trouble last winter as local banks refused to change rubles for dollars (they dont keep dollars in reserve).

    Next ten years will be exciting as (if) putin needs to be replaced. My guess is russia will break in parts.

     

    Russia now is a regional power, not a super power anymore. It’s a shame that they can’t come to terms with it and join the eu. Russia would make the eu stronger and if uk stays then eu would of of the strongest super states in the world.

    it would never happen because Russia has found its market to sell to the opposition, but as they say business is business.

  5. 31 minutes ago, Airhead said:

    With th price of spot increasing as it is, do people have any ideas what the top is likely to be and is there likely to be a pull-back or retracement? 

    You would have to wait but looking at the charts I would say maybe £30 to £40 peak and as long as brexit is a hard brexit and trump gets another term. 

     

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