Silver Prices!

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Chulke
Posts: 304
Joined: Thu Aug 01, 2013 10:25 am

Silver Prices!

Post by Chulke »

Silver prices are surging this morning ala Gamestop frenzy! Silver, as the word has it, is another heavily shorted item/commodity...could this be the next Gamestop? What are the price predictions? I know one thing is for certain...the silver contracts via SLV, are convertible to physical silver upon owners request, so if they wanna drive the silver price up more than anything....owners of SLV must demand the physical!


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Current Strat: 85660
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Chulke
Posts: 304
Joined: Thu Aug 01, 2013 10:25 am

Re: Silver Prices!

Post by Chulke »

Oh and if anyone else here are silver junkies like me....Might consider looking into the miners stocks at this point in time!

One that comes to mind is LODE....literally sitting on proven millions of ounces of silver in the ground but very little output...they've been consolidating their land position for years!


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Current Strat: 85660
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mjedlin66
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Re: Silver Prices!

Post by mjedlin66 »

There's some evidence to suggest that silver is being pushed by Citadel in order to take focus off of Gamestop.

https://www.reddit.com/r/wallstreetbets ... k_citadel/
Owner/creator of TSPcalc.com - "Know your numbers"

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bloobs
Posts: 1070
Joined: Tue May 21, 2019 8:00 pm

Re: Silver Prices!

Post by bloobs »

mjedlin66 wrote: Mon Feb 01, 2021 10:12 am There's some evidence to suggest that silver is being pushed by Citadel in order to take focus off of Gamestop.

https://www.reddit.com/r/wallstreetbets ... k_citadel/
Plausible. Also, many analysts do not believe the notion that this whole "screw the short-selling hedgefunds movement" is driven by retail investors like you and me. Simply not enough organization or money to drive this volume and amount of capital. When a proper forensic analysis is done on what's happening here, it likely will show some larger and less innocuous force is behind this--forces that are as bad (or worse) than the target hedge funds themselves. It's all about money folks, always has been, always will be. As VAMANBULL says, just go along for the ride, you had no part in.
Anger and intolerance are the enemies of correct understanding.
― Mahatma Gandhi

If it's a choice between a difficult truth and a simple lie, people will take the lie every time. Even if it kills them.
― Paul Murray

Chulke
Posts: 304
Joined: Thu Aug 01, 2013 10:25 am

Re: Silver Prices!

Post by Chulke »

I had heard the same about hedge funds managers pushing silver also....while it is plausible....I still suspect there is a massive short squeeze in the works! Bottom line is there are far more paper being bought than physical silver, if you’ve tried to find physical lately you’d find that it is very difficult to get your hands on! If buyers and owners of SLV would demand their physical in lieu of the paper, it would translate into a MASSIVE short squeeze and drive silver spot through the roof!!! Just my observations!



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Cheers!

Current Strat: 85660
Current PIP: 30.3

kilogram
Posts: 13
Joined: Wed Mar 04, 2020 5:26 pm

Re: Silver Prices!

Post by kilogram »

Chulke wrote: Mon Feb 01, 2021 9:03 am Oh and if anyone else here are silver junkies like me....Might consider looking into the miners stocks at this point in time!

One that comes to mind is LODE....literally sitting on proven millions of ounces of silver in the ground but very little output...they've been consolidating their land position for years!


Cheers!
Good call on LODE!

acidfly
Posts: 16
Joined: Fri Nov 18, 2016 1:14 pm

Re: Silver Prices!

Post by acidfly »

Don't buy into this, it's a lie. Tim Pool breaks it down very well what they are doing.

https://youtu.be/5_TXUnlGNmI

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Fund Prices2021-05-07

FundPriceDayYTD
G $16.58 0.00% 0.43%
F $20.72 0.00% -2.27%
C $63.32 0.75% 13.24%
S $82.16 1.32% 10.72%
I $38.76 1.29% 9.51%
L2065 $13.84 1.02% 11.49%
L2060 $13.84 1.02% 11.49%
L2055 $13.84 1.02% 11.49%
L2050 $28.21 0.84% 9.30%
L2045 $12.88 0.79% 8.73%
L2040 $47.05 0.73% 8.19%
L2035 $12.44 0.67% 7.54%
L2030 $41.46 0.61% 6.91%
L2025 $11.77 0.48% 5.47%
Linc $22.89 0.23% 2.76%

Pending Allocations

Under development. For now, you may view Pending Allocations by going to "fantasy TSP" and selecting "Leaderboard sort" of "Pending Allocations".

What else

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