Silver Prices!
Moderator: Aitrus
Silver Prices!
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!
Cheers!
Cheers!
Cheers!
Current Strat: Loosely following 152300 and 85660 more the former rather than the later
Current PIP: 24.04
Current Strat: Loosely following 152300 and 85660 more the former rather than the later
Current PIP: 24.04
Re: Silver Prices!
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!
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!
Cheers!
Current Strat: Loosely following 152300 and 85660 more the former rather than the later
Current PIP: 24.04
Current Strat: Loosely following 152300 and 85660 more the former rather than the later
Current PIP: 24.04
Re: Silver Prices!
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/
https://www.reddit.com/r/wallstreetbets ... k_citadel/
Owner/creator of TSPcalc.com - "Know your numbers"
Re: Silver Prices!
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.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/
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
― 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
Re: Silver Prices!
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!
Cheers!
Cheers!
Cheers!
Current Strat: Loosely following 152300 and 85660 more the former rather than the later
Current PIP: 24.04
Current Strat: Loosely following 152300 and 85660 more the former rather than the later
Current PIP: 24.04
Re: Silver Prices!
Good call on LODE!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!
Re: Silver Prices!
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
https://youtu.be/5_TXUnlGNmI
Fund Prices2024-03-28
Fund | Price | Day | YTD |
G | $18.15 | 0.05% | 1.05% |
F | $19.08 | -0.06% | -0.74% |
C | $82.21 | 0.11% | 10.55% |
S | $82.43 | 0.30% | 6.92% |
I | $42.57 | -0.24% | 5.95% |
L2065 | $16.38 | 0.02% | 8.37% |
L2060 | $16.39 | 0.02% | 8.38% |
L2055 | $16.39 | 0.02% | 8.38% |
L2050 | $32.73 | 0.01% | 6.95% |
L2045 | $14.91 | 0.02% | 6.58% |
L2040 | $54.38 | 0.02% | 6.22% |
L2035 | $14.34 | 0.02% | 5.79% |
L2030 | $47.67 | 0.02% | 5.38% |
L2025 | $13.15 | 0.03% | 3.43% |
Linc | $25.61 | 0.03% | 2.82% |