flower-shilling

Silver Price Watch

Smithys Bullion - FINE GOLD AND SILVER
Silver Soul said:
The fundamentals of silver mean sweet fugall. It is a Strategic metal that is needed in vast quantities for weapons manufacturing and that's it. Forget about it being money as those days are long gone, as is the same with gold TV, and MSM have done the con job well on the flock of sheep fiat rules because the sheep are blind as they get fleeced of their wealth.
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There's gotta be way more to it than that. If the US had 10 billion Oz's stockpiled, then they would've just kept it as a strategic stockpile and allowed silver to trade in the free market. Instead, they've statically used these stockpiles to intervene in the markets, so there must be a bigger picture to it all.

And the fundamentals mean everything. It's just you have to factor in aboveground stockpiles being used to suppress the price into the fundamentals.
 
The US needs it for weapons manufacturing. Trumps biggest hate is green energy hence the trump dump in the POS and markets in general. He will fuck the USA with his Tariffs if implemented. Just watch
 
America runs on oil Trump knows this, so sad days for silver. Have a great holiday with your family guys It has been another great year of banter on here. And thank you boss for an excellent forum. Take care all.
 
Silver Soul said:
IF the fundermentals mean so much why has the metal failed so many times in it decades rise?
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Supply and demand. Although demand has consistently exceeded mine supply for many years, it's been offset by supply from aboveground reserves and scrap metal refining. If such reserves weren't a factor, the price of silver would explode.

The supply and demand fundamentals are so critical in understanding the silver market. They use the stockpiles to manage demand on the physical side, and use the Comex to manage the price on the paper side.

Silver is a finite resource. The fundamentals reveal they've been utilising reserves to suppress the price. The moment these reserves start to run dry, all hell will break loose. I actually think Agenda 2030 and the depopulation agenda has a lot to do with Silver. Of all of the essential resources that are set to decline rapidly in production at a time when demand is increasing, Silver is at the top of the list (followed by copper)!

I think they're using the stockpiles to deter physical investors. They know if a fraction of the population woke up to silver, all the power could be in the hands of the many instead of the few. There not really any other logical explanation to why, for such a strategic metal, they'd intervene in the physical markets by offloading Billions of Oz's to suppress the price.
 
Silver will have its day...when no one knows as any sort of logic/reason or reality seems to mean shit all imo. Agree on BTC but its got the backing the pushed agenda...and has toppled silvers marketcap in mere years. Im old school Metals and some stocks, if have to much metals i worry even though thats where passion and heart lies as every market can be altered and to many eggs in one basket as they say stresses me out. Golds my preferred hold but can carry condensed value in such small package,silvers weight,bulk and inability to transport hinders it hence why majority of central banks hold gold not silver(but most probably hold amount of silver too :) )
 
Yep, diversify. I kept buying silver because it was so cheap versus gold back in the 80s. Now, I find myself still buying silver because it is so cheap compared to gold in the 21st century I can't win. So I changed my strategy a few years back to include gold fractionals to balance the unleveled playing field out. I can tell you holding 50k in gold versus 50k in silver in metals is interesting.
 
Silver Soul said:
Yep, diversify. I kept buying silver because it was so cheap versus gold back in the 80s. Now, I find myself still buying silver because it is so cheap compared to gold in the 21st century I can't win. So I changed my strategy a few years back to include gold fractionals to balance the unleveled playing field out. I can tell you holding 50k in gold versus 50k in silver in metals is interesting.
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Haha true one can hold in one hand the other we need a backpack :)
 
Silver Soul said:
IF the fundermentals mean so much why has the metal failed so many times in it decades rise?
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this may be in India, when the USD suddenly get stronger, in Ruppee silver prices rise/drop, so there is liquidation when prices falls further.
not everybody use only their spare cash to go into silver and do nothing
seasons buyers will be buying just enough with the extra cash, next time buy again with the extra cash
novice buyers can over commit and force to vomit out when there is an urgent cash needs
 
Also, I have been to India and have travelled the content extensively for almost a year, and one thing I did notice in my travels is how much silver is in your face and consumed by the population from dowery to internal consumption to walls and columns made of pure silver in temples. These people don't dump silver because they have overspent a penny they are family heirlooms handed to generations
 
Silver Soul said:
Also, I have been to India and have travelled the content extensively for almost a year, and one thing I did notice in my travels is how much silver is in your face and consumed by the population from dowery to internal consumption to walls and columns made of pure silver in temples. These people don't dump silver because they have overspent a penny they are family heirlooms handed to generations
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Much of which will never to be melted down or sold back to the market.
 
^^^^ Yes, Varakh, where they consume pure silver on sweets, will never come back to market unless you want to go diving for it in Indian open sewers 🤔 now that's a thought. There must be shitloads of silver in those pits! Ahhh, but no thanks. As for the temple stuff and dowery, it will never come back to market unless it is plundered by outside forces. Ingestion of micro silver foil: from what I have been told by my guide back then, silver kills nasty bugs in the stomach and intestines and settles the stomach from food poisoning cramps, and I believe him to this day. It's an interesting country, but poverty is very harsh.
 
So i just checked youtube again, and we are about to see silver break out for its biggest run ever. There are alot of well groomed smart young business people meeting in anticipation for this, from a diverse range of ethnicities. No irish. Some of them are even swiping through dashboards on translucent screens, often whilst standing because they are too sucessful to sit on their lols...What with ruski flavour of esoteric central bank flying drones into their own empty offices on a quiet saturday morning to propagandise their own tax slaves and the american as apple pie flavour of esoteric central banker courting headchoppers as they always do , to further their quest for extreme abrahamic chaos , as their solomonic armagedon fetish requires.....well...gee willy winkers the world is so topsy turvy, and its your solemn duty to abandon your personal circumstance and TAKE A SIDE! I choo choo choose silver...mainly cos of those see thru screens.
U cant argue with a guy in chinos with a top knot (too sucessful to suit up) swiping through charts on one of those.
So...2025. Im ready
 
Silver is creeping up in China trading on SGE/SFE.
 
Trump
huh
"in 24 hours" had turned into "hope, in 6 months"
Ukraine war will stop :)

it seems critical resources will be taken off and off limit to nato

knowledge had been increased exponentially so there is no slow way to maintaine control over them any longer
 
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