Silver Price Watch

[Administrator]

A bit of a line up at ABC

 

[Sandy Gooch]

If i was a metal fabricator i would be making plans with a locksmith to open a business selling safes.

 

[ozcopper]

 

[Nugget]

I'd be so sad to be starting my stack today. I'm adding to my stack again but not out of FOMO. Of course I wish I had more.

 

[STKR]

A bit of a line up at ABC

View attachment 15121

View attachment 15122

The people with the bags are serious. You know they're buying silver

 

[Sandy Gooch]

You cant park a car very close to cbd without paying a bunch so most ppl have a bag just for water , raincoat, etc. as they come in on public transport or walk a few klm

 

[pmbug]

...
View attachment 15122

I see a bunch of backpacks/bags in the second pic. Those are the serious stackers.

 

[STKR]

I see a bunch of backpacks/bags in the second pic. Those are the serious stackers.

That's exactly what I said.

The people with the bags are serious. You know they're buying silver

 

[STKR]

ABC keep increasing their premiums. It's smart business if you're short sighted and don't care about loyalty or customer retention.

 

[Sandy Gooch]

Ol kjc down the road keepin up too

 

[alor]

Still below mint prices

 

[Cleaned.Slice]

The comex and LBMA reported prices doesn't matter anymore, this dip doesn't matter, dealers are running out, BN stopped listing kilos.
It will be months untill more, that will build pent up demand, and it will be gone before it arrives.

 

[Sandy Gooch]

Is this because physical is being redirected to military and public private parnership digital infrastructure projects?

 

[ozcopper]

Ok so we had a pullback. This is very healthy going forward. Straight up scares me more!

 

[SKULL]

Is this because physical is being redirected to military and public private parnership digital infrastructure projects?

If supply of Silver does get tight, Military/Big Tech will ensure they are 1'st in line

Dealers/Retail will be at the back end of the line

If things get real tight on supply the Gov has the option to force metal out of ETF's.

Look at 1933 Gov Gold Confiscation. I don't think they will hesitate for a moment to rob ETF's if needed. They already stole Russia's $350 Billion, so a couple of Million/Billion of Silver is small change

 

[pmbug]

Ok so we had a pullback. This is very healthy going forward. Straight up scares me more!

CME raised margins on gold and silver today. It was also Op-Ex today. Next week we should resume the squeeze/bull.

 

[SKULL]

Ok so we had a pullback. This is very healthy going forward. Straight up scares me more!

Totally agree mate. Going vertical is set up for a fall back.

So a few $ pullback is fine with me to take some heat out of the market & get eyes of the price.

Then over the next few weeks, a slow rebuild to $54 USD / oz would be a better market.

 

[Cleaned.Slice]

I don't think it will be weeks, maybe a week.

 

[SKULL]

I don't think it will be weeks, maybe a week.

Definite possibility it could rocket again next week.

Especially if Trump causes more World Chaos over the weekend

 

[Administrator]

People who just got into silver.