Gold at $25000. Silver at $600.

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That symbol does not come up in NYC , are yoy talking about that company above ve???
 
Declan said:
Never heard of that but I will check it out. Why do you think it is a buy.,


i expect the yen to crash monday
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Wouldn't buy it now necessarily, still not a bad bet as of right now. But it's been great.

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I am just asking if we are talking about the same company, no need to throw out your rattle.

What do you like about it exactly
 
Lad's.
This run up is about financial collapse.
Not price discovery.
 
jpc said:
Lad's.
This run up is about financial collapse.
Not price discovery.
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I'd say both. And as such it is even more imperative that folks get a few ounces of precious metals into their portfolio or under the mattress. Anyone forgoing this advice will regret it. We've all read about the Weimar collapse. Paper becomes worthless, and those who know convert their paper into real assets before it becomes too late

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15 minutes to open. If they cant hold it here, it is over for the shorts
 
Everyone thinks this is it, which means the f it is not, there will be a big pullback.


I have some thinking to do before the option market opens at 9.30
 
Declan said:
Everyone thinks this is it, which means the f it is not, there will be a big pullback.


I have some thinking to do before the option market opens at 9.30
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Unless someone has millions of physical silver to dump.
Nothing will happen.
And the price's in the far East are 10 dollars plus on top of these price's.
The days of LMSE and COMEX calling the shots appear over for now.
As I mentioned before.
The 1980 adjusted peak is $150 ish.
 
Declan said:

View: https://youtu.be/SboFigZYRQ8


Finally the spare or excess silver has been used up. This can be seen by the very wide premiums now being demanded when buying actual silver. The American eagle is selling for $40 as the spot price is only $25.

It seems the last three weeks have been hectic, coinciding with the failure of the two american banks and then later credit Suisse.

It looks like the comex and the paper markets are about to lose their control. I expect this could kick off as soon as these three remaining days this week.

This stampede is going to be hectic. A few years ago it got to be close to 30 and it was beaten down. A lot of silver has been removed from the market since then.
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Took just over 2 years to become obvious to everyone.
 
I think the colllapse in the Yen over the past few days is the big issue(?)
 
Down a lot now. It took a while for the short sellers to get their boots on today.
 
Not the end of the world as this post suggests, but looks like it might be correcting.


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The dramatic pullback appears to be over.

In jig time, silver dropped about $13 after being up 15.
 
It is down about 7 dollars from its high though and it could well drop a lot more at any minute
 
What would suit me now is a massive pullback as I unloaded a big position yester. I still got plenty but it has been too expensive to buy more calls here
 
I see what you did with the thread title...🤯 hope ye all dry and safe my Lovelies.
 
Declan said:
What has held back gold and silver, has been the strong dollar. The dollar has taken it on the chin these past two days and could be finally hitting the skids.
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Pretty prescient!
 
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