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Silver Price Watch

Smithys Bullion - FINE GOLD AND SILVER
...
Walk away and taste the pain
Come again some other day
Aren't you glad you weren't afraid
Funny how the price gets paid
...
 
SILVER finishes the week at $42.19 USD 😲

That's a solid finish above $42

Got it's sights set on $50 & beyond :cool:
 
Serial said:
Will we see triple digits before the end of the year?
Click to expand...

I think it's unlikely in USD but very possible in AUD. Years ago, Scott Minerd (RIP) said his conviction trade was silver, with a high probability of the price going parabolic. @ 12:50 in this video:


View: https://youtu.be/rLc8MaDSmLQ?feature=shared


Scott passed away soon after his calls for silver and calling the markets a Ponzi scheme. Nothing to see here.

Andy and the WSS team talking about the silver market today.


View: https://youtu.be/rxQyQBh3D3c?feature=shared
 
Last edited:
Wall St whores cooking the books , 15c smackdown and otherwise sideways at 42 for what seems like forever. Stay strong stackers , silver will have its day.
 
STKR said:
I think it's unlikely in USD but very possible in AUD. Years ago, Scott Minerd (RIP) said his conviction trade was silver, with a high probability of the price going parabolic. @ 12:50 in this video:


View: https://youtu.be/rLc8MaDSmLQ?feature=shared


Scott passed away soon after his calls for silver and calling the markets a Ponzi scheme. Nothing to see here.

Andy and the WSS team talking about the silver market today.


View: https://youtu.be/rxQyQBh3D3c?feature=shared
Click to expand...

With MSM focusing their reporting on WALL ST/Stocks/Bonds/The FED there is hardly any reporting 🤫 on Gold hitting ATH's & basically nothing on Silver. I don't think it's deliberate or controlled. It's just the Normal MSM Stupidity/Ignorance.

While all eyes are elsewhere ( WALL ST/Stocks/Bonds/The FED ) the BIGGEST Players in commodities are making their moves in the background. If u pick thru the Alt Media reporting u can see that some VERY large plays are being made in SILVER ! :unsure:

Silver has had 7 years of Structural Supply Deficit 😲 ( a lot say 5 yrs, but the 1'st 2 yrs was covered by withdrawals from Silver ETF's ) big commodity players are moving to ensure their supply ( especially while the price is cheap ) With Industrial & Military demand only increasing ( & expected to do so for yrs ahead ) the pressure on the supply side will eventually lead to price increasing. How high ? That remains to unfold.

An untold story is about the amount of Silver that is used in Modern Military Equipment/Armaments. I can't pin down & exact year, but quite a while back the Militaries demand for Silver was folded into " Industrial " to disguise the actual Military demand for Silver. I have seen reporting that each Tomahawk Missile uses from 5kg to some reporting 15kg of Silver.

With other Missiles & even "Smart Artillery Shells " using Silver, that's a lot of demand. With the amount of Military Equipment/Armaments' being consumed in hostilities in quite a few places, that's a large underpinning of demand. With Electronics' ( drones counter drone equipment ) use Exploding ( pun intended ) on the modern battlefield, Silver consumption is assured.

This doesn't even account for the true Industrial Demand that's increasing & expected to continue doing so.

:cool:
 
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