Silver Price Watch

[Cleaned.Slice]

50 to 51 happened very quickly.

 

[alor]

$53 is not far after all

 

[alor]

more stops got hit, all stops will got hit as well

 

[pmbug]

For those interested in what's happening behind the scenes:


View: https://x.com/pmbug/status/1976262360726733006

 

[STKR]

View attachment 15028
50 to 51 happened very quickly.

I was just about to post this. What a surge. ATH is among us. This moment will be referenced in the silver discussion for decades to come.

 

[Cleaned.Slice]

I mean, it gave it all back pretty quickly, I wonder where we'll be when I wake up? I'm guessing back up to 51 something.

 

[alor]

it will do a Palladium

 

[STKR]

GSR dips below 80

 

[pmbug]

Silver’s falling , but not because new supply showed up.

What’s really happening is liquidity breaking before inventory does.
Dealers and funds are being forced to dump paper positions to meet margin calls. Futures are falling faster than spot, so the gap keeps widening even as both drop.
The link between COMEX and LBMA is jammed — credit’s pulling back and no one’s stepping in to arbitrage.
It looks like a price crash, but it’s actually a funding squeeze.
And the irony? This kind of flush only makes the next squeeze worse. When the selling stops and real metal bids return, there’ll be fewer shorts, less liquidity, and no buffer left to contain the move

View: https://x.com/SunilRe89392848/status/1976333864349192653

 

[Nugget]

I'm so exhausted, I spent the night only dozing whilst checking my phone. I have a screenshot at $77.57 WOW

It's going to be a long day at work today LOL

 

[Sandy Gooch]

I left it at 50, 6hrs still not enough sleep for me.

 

[pmbug]

"Looks like I picked the wrong week to start getting good sleep." - Steve McCroskey

 

[Cleaned.Slice]

I'm glad it got smashed down, now we get to celebrate $50 all over again!!

 

[Cleaned.Slice]

It's about to do it again!!
Only 30 cents away.

 

[Cleaned.Slice]

It just had another peek over 50.
Not as exciting the second time.

 

[Sandy Gooch]

Round 2!

 

[alor]

G:S ratio is heading to 73.
now 78.54

 

[alor]

View: https://www.instagram.com/p/DPnRksgCeH2/?utm_source=ig_web_copy_link&igsh=MzRlODBiNWFlZA==


The era of cheap silver is over.

The largest silver squeeze in modern history is unfolding. Overnight, silver lease rates exploded past 200% — a complete breakdown of the global silver leasing system. This isn’t a paper-market anomaly. It’s a true physical shortage.

Bullion banks are refusing to roll leases.
Manufacturers now have to buy silver outright.
The buying panic has just begun.

Our CEO, David Mitchell expects prices to target US$60–65/oz, with potential for even higher levels as the structural shortage deepens.

 

[Cleaned.Slice]

I just wish I had money to buy more, but even if I had money to buy more, I'd wish I had more money to buy even more.
I bet even David Bateman, that guy who brought 1.5% of world mining supply sits around wishing he had brought more.
It's amazing how addictive silver can be, you don't consume it, it just sits in a safe spot. I'm addicted to putting shiny things in locked boxes that I rarely open.

 

[Cleaned.Slice]

Closing in on another new ATH!