Silver Price Watch

[STKR]

I'm often in awe when I see this on ABC's website. I guess this will be the new normal soon.

 

[Administrator]

Hopefully we'll break $70 silver soon.

 

[STKR]

And we're at $70

 

[Cleaned.Slice]

Almost a $10 candle on the monthly chart!

 

[STKR]

Almost a $10 candle on the monthly chart!View attachment 14886

Was it you who said $70 by the end of the week?

 

[Cleaned.Slice]

I said it would happen eventually, responding to Gooch who said 48, so not really, it was obviously going up.

 

[Sandy Gooch]

48 next week

 

[STKR]

We hit $71 in the early hours at one point.

 

[Administrator]

Silver short holders

 

[STKR]

Imagine if silver was the Lynch pin to the financial system. All the major bullion banks collapse and Bail-ins are enacted.

 

[STKR]

It was always said the rise from $40 USD to $50 would be rapid.

We're only a few $$ away from ATH territory in USD. Then we enter uncharted waters.

It's sad that Ted Butler isn't around to see this play out. Glad Mike Maloney is here to witness it all. How validating this moment is for all the analysts who could see the potential of silver. If we keep going the way we are, we'll see Keith Neumeyers triple digit silver within a couple of years.

But who else gets the feeling we're about to experience a global event like no other alter life as we know it? I can't shake the feeling that it's just around the corner...

 

[SKULL]

It was always said the rise from $40 USD to $50 would be rapid.

We're only a few $$ away from ATH territory in USD. Then we enter uncharted waters.

It's sad that Ted Butler isn't around to see this play out. Glad Mike Maloney is here to witness it all. How validating this moment is for all the analysts who could see the potential of silver. If we keep going the way we are, we'll see Keith Neumeyers triple digit silver within a couple of years.

But who else gets the feeling we're about to experience a global event like no other alter life as we know it? I can't shake the feeling that it's just around the corner...

Thing is mate, that Global event is likely to be a very Bad thing.

That's what GOLG & SILVER is telling u.

The Precious Metals know that trouble is brewing & a World Changing Time may be soon upon us

 

[STKR]

Edging closer

 

[SKULL]

Edging closer

View attachment 14888

I swapped 3oz of Gold for 300oz ( 300 x1oz rounds ) when the GSR was 105:1

I did so because I believe in Revision to the Mean ( I have seen elsewhere )

So when the GSR reverts back to it's mean of 42:1 ( I believe that's the 120 year mean ratio ), I will take 150oz of that Silver & swap it back for 3oz of Gold

I will have all my Gold & will have gained 150oz of Silver ( both of which will have had a significant increase in Value )

 

[STKR]

Way to hit the ground running, Silver. $71 in our sights.



And flashback to the first post in this thread where silver was $22 USD in 2022.

 

[Cleaned.Slice]

I think that's rather hopeful.
It wouldn't be that bad though.

 

[STKR]

I think that's rather hopeful.
It wouldn't be that bad though.

That was a post from 2022 when silver was at $22.

 

[Cleaned.Slice]

I didn't see you were reposting an old post when I replied.
I just skimmed the post and saw "pull back to $21" and thought, that's crazy!!

 

[STKR]

I didn't see you were reposting an old post when I replied.
I just skimmed the post and saw "pull back to $21" and thought, that's crazy!!

Just shows how far we've come in 3 years. Market sentiment was down and there was very little interest in silver at the time.

 

[STKR]

Work for a few hours, have a break, and we boost forward another $1. Happy days.