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Silver Monitoring Thread $ (USD) only


ChrisSilver
Message added by ChrisSilver

To discuss the price action of silver in £ GBP instead please see here: https://thesilverforum.com/topic/368-silver-monitoring-thread-£-gbp-only/

 

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On 05/06/2019 at 10:10, vand said:

The odds are very good that the intermediate bottom is now firmly in, after a 4 month trend downtrend.

I'm predicting that the PMs market will surprise many people, include those invested, with its next significant move, which should be to the upside. We've had a very long multi-year consolidation which has conditioned every to expect more of the same, but this is when markets defy those expectations.

$1500 gold and $18 silver are realistic 6 month targets.

 

On. Target. 

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5 hours ago, CHAIRYT said:

Don't tell wonger about this page.

Silver is going to $4 - i know, you know it - @Wonger told us.

Edited by sixgun

Always cast your vote - Spoil your ballot slip. Put 'Spoilt Ballot - I do not consent.' These votes are counted. If you do not do this you are consenting to the tyranny. None of them are fit for purpose. 
A tyranny relies on propaganda and force. Once the propaganda fails all that's left is force.

COVID-19 is a cover story for the collapsing economy. Green Energy isn't Green and it isn't Renewable.

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On 01/03/2019 at 03:27, STONE said:

In a manipulated silver market, they will never let the price go below $13.95. Its simple, they will not force the price below AISC of the mines. They will to continue to buy physical until their greed is satisfied. They may be greedy but they aren't stupid enough to crush the price so low as it forces the mines to close. It would be game over. Once supply begins to dry up and they have the market cornered(which they already do) and supply has been getting chewed up for the last 16 years, they will let it go. The only thing that will end the paper game is a physical shortage in silver and that is coming real soon. Its one of the oldest story's in the book. Suppress the price, buy everything in sight then allow the price to rise. Monopolies have been going on for a long time... JPM and a few other big players stand to make billion's on the play.

Hunt brothers were doing the same but in open market, they didn't have short option which work in secret stretching bow of price to maximum, when supply dries up and demand reach peak they let the price go, and will be biggest supplier on the market. 

Edit

How it is even legal to put more than 1 claim on physical unit of anything ? That looks like pure fraud.

Edited by Michal
wondering
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3 minutes ago, STONE said:

I don't think wonger is coming back... I have a feeling the sub $15.00 silver days are long gone... Glad i stocked up at 14.70...

Yeah Mr Wong got that one wong. 

Always cast your vote - Spoil your ballot slip. Put 'Spoilt Ballot - I do not consent.' These votes are counted. If you do not do this you are consenting to the tyranny. None of them are fit for purpose. 
A tyranny relies on propaganda and force. Once the propaganda fails all that's left is force.

COVID-19 is a cover story for the collapsing economy. Green Energy isn't Green and it isn't Renewable.

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On 08/08/2019 at 01:39, STONE said:

I don't think wonger is coming back... I have a feeling the sub $15.00 silver days are long gone... Glad i stocked up at 14.70...

Wonger has not gone anywhere, he is still long Gold and Silver as per previous posts for all to see 😀

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  • 2 weeks later...
9 minutes ago, vand said:

$18 tagged, baby.

Yes - and the GSR falling. All signs of precious metals in a bull market.

Always cast your vote - Spoil your ballot slip. Put 'Spoilt Ballot - I do not consent.' These votes are counted. If you do not do this you are consenting to the tyranny. None of them are fit for purpose. 
A tyranny relies on propaganda and force. Once the propaganda fails all that's left is force.

COVID-19 is a cover story for the collapsing economy. Green Energy isn't Green and it isn't Renewable.

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On 05/06/2019 at 05:10, vand said:

The odds are very good that the intermediate bottom is now firmly in, after a 4 month trend downtrend.

I'm predicting that the PMs market will surprise many people, include those invested, with its next significant move, which should be to the upside. We've had a very long multi-year consolidation which has conditioned every to expect more of the same, but this is when markets defy those expectations.

$1500 gold and $18 silver are realistic 6 month targets.

Did it and more inside two months, it's like global warming, 50 years is now 20 years.

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As a newb in the stacking world I am deeply conflicted with the price fluctuations. On one hand I am excited to see spot prices rise so I can make a profit. On the other hand I just started stacking and want to buy so much more. I understand many stackers have purchased at a much higher spot and premium. $20 including premiums was my target cut off so I can use those funds for other investments. The conflict is real! 

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