Silver Price Watch

[SKULL]

Patience's grass hopper
Building a smaller base to leap up from this potential bull flag

If PM's are flat till yrs end I would be happy with that.

Then there will be tension to launch another leg higher.

$ USD :- Gold to $5,000 Silver to $70

 

[alor]

It seems like silver on loan cannot be roll over.

 

[pmbug]

View: https://x.com/pmbug/status/1997021797880156495

 

[Sandy Gooch]

this kinda schist always happens when silver makes a run for it. The chart goes dead flat. Does trading view etc etc also have apparent periods where whoever is in charge of the market hallucination requires 15 minutes (up to an hr sometimes) to manipulate or am i being cynical?

 

[Sandy Gooch]

I would say that was shooting for 60 before suddenly chopped.

 

[Silver Soul]

90 will get done soon. Then test its integrity as support.

 

[Cleaned.Slice]

It happened very soon!

 

[Cleaned.Slice]

15 minutes later... 91

 

[Nugget]

We're back at the races!

 

[Nugget]

OUCH!

 

[Cleaned.Slice]

Be thankful you're not an ABC customer.
9 bucks more expensive and they buy back at 4 bucks under.
When I saw lines around the block I wished I could go down there with flyers that have other dealers information and prices compared to ABC, but I'm not going to Sydney just to do that.

 

[Sandy Gooch]

Gooooood morning schtackerssssss!

 

[Sandy Gooch]

Be thankful you're not an ABC customer.
9 bucks more expensive and they buy back at 4 bucks under.
When I saw lines around the block I wished I could go down there with flyers that have other dealers information and prices compared to ABC, but I'm not going to Sydney just to do that.
View attachment 15394

3 minutes walk either direction from their temple of dumb youve got Jaggards, Guardian, kgc and prob more.

 

[Cleaned.Slice]

Gooooood morning schtackerssssss!

A jolly good morning to you sir.

 

[SKULL]

Wake up to see SILVER well over $60 USD

Now that $60 has broken the psychological hold of Silver with a 5 handle & that a 6 handle is reality, further upside is crossing everyone's mind

I expect Triple Digit Silver to happen in 2026. Why ? Because the World is waking up to the FACT that Silver is in structural Supply Deficit & that Deficit can't be remedied/alleviated in the short to medium term, 5 - 10 yrs.

There's a shortage of Silver at the CURRENT PRICE !

There's NO SHORTAGE of Silver at the RIGHT PRICE !

 

[Cleaned.Slice]

It could happen in aud before the new year, but yeah, hitting 100 usd in 2026 is a given at this point, it might go into the multi-hundreds.
Who knows?
We have to wait and see!

 

[Cleaned.Slice]

I'm not sure if I'm superstitious about numbers.
If I was, this might worry me.

 

[alor]

Those leased silver will not come back, the lender might as well demand cash settle. Another month means another 10 dollars.

 

[SKULL]

Those leased silver will not come back, the lender might as well demand cash settle. Another month means another 10 dollars.

Leased Silver/Gold will NEVER return.

It's gone the leaser may get a cash settlement. Worse case is a default & total lose.

If u don't hold it, u don't own it

 

[SKULL]

DAMN, I'm watching a 1 hour live Silver chart.

As I'm posting Silver is $60.90 USD

If Silver trades thru $61 + USD I think that $60 USD will become a new floor for Silver.

The psychological 5 handle for Silver is truly Broken. Traders are really wondering how far will Silver go ?



EDIT :- Update 5 min after posting Silver has traded thru $61 USD - how high is this Silver rocket going ?