Silver Price Watch
- Thread starter STKR
- Start date
So we've got 1.25 Billion Oz's of known available aboveground silver at the LBMA and COMEX.
There's an estimated 3-5 Billion Oz's of investment grade bullion in the hands of individual stackers. That's 3-4x more than the LBMA and COMEX and 100x more than BlackRock. The doesn't account for jewellery which, IMO, jewellery would contribute the scrap metal refining numbers each year. It's kinda of like all the money and assets in the world, we the people hold more than the elites. We hold all the power when we're united, and that's why they need us divided.
I won't be confident that it's Silver's time until we see a significant draining of the LBMA and COMEX. I believe the show will begin when that 1.25 billion Oz's drops to <500 million Oz's.
There's an estimated 3-5 Billion Oz's of investment grade bullion in the hands of individual stackers. That's 3-4x more than the LBMA and COMEX and 100x more than BlackRock. The doesn't account for jewellery which, IMO, jewellery would contribute the scrap metal refining numbers each year. It's kinda of like all the money and assets in the world, we the people hold more than the elites. We hold all the power when we're united, and that's why they need us divided.
I won't be confident that it's Silver's time until we see a significant draining of the LBMA and COMEX. I believe the show will begin when that 1.25 billion Oz's drops to <500 million Oz's.
Almost no flight.
US space dominance CRIPPLED by Trump-Musk feud
According to the Washington Post, NASA and the Pentagon are desperately begging SpaceX rivals to accelerate rocket development after Trump’s threats caused Musk to nearly halt all US flights to the ISS
If POS stays in the longer-term trend column, we could see $38.50ish soon.
It will be interesting when POS gets to this target, and what it does! We could see a major pullback to form a handle on the shorter term Cup before the next major run to infinity .... Or it could just blow right through the whole lot and go parabolic. The USA is not so United States anymore Europe is close to fullblown ww3. So much unrest around the world everywhere we have interesting times ahead.
It will be interesting when POS gets to this target, and what it does! We could see a major pullback to form a handle on the shorter term Cup before the next major run to infinity .... Or it could just blow right through the whole lot and go parabolic. The USA is not so United States anymore Europe is close to fullblown ww3. So much unrest around the world everywhere we have interesting times ahead.
Last edited:
