Silver taking off again!
(www.marketwatch.com)
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https://halturnerradioshow.com/index.php/component/content/article/report-a-systemically-important-bank-collapsed-at-2-47-am-sunday?catid=17&Itemid=101
At least one bank collapsed over the weekend. LFG!
Interesting numbers...
Bank of America?
AI says… The largest bank trading silver is typically considered to be JPMorgan Chase, which is heavily involved in the silver market, particularly in the trading of silver futures and physical silver. Other major banks also participate, but JPMorgan is often noted for its significant role.
It’s a wait and see if they’re still kicking this week
If we are to trust reports...JP Morgan quietly exited their short positions (while panning precious metals as a bad investment), meanwhile they were accumulating massive amounts of physical silver and taking long positions. It is said they now have 750 million physical ounces of silver. So, with that said...I think JP Morgan is in the clear. I know BoA was heavy short on silver and if they didn't follow JP Morgan....they could be on the chopping block for a short squeeze. What is clear is that today there is massive activity to drive the prices down. Massive gaps in prices between Chinese physical and New York paper silver.
They're gonna be squirting their shorts on Moonday...
Suicide weekend coming up or did we just wrap it up?
u/#catdance
I wonder if Silver will destroy the FED along with gold. 🤔
Tanked to 75 as of this comment. However I’m thinking 100 by end of the week
Real market is not open yet.
Normally next to nothing happens at this time.
I watch it open every week for years.
Shanghai Mon 9:21a.m.
https://www.tradinghours.com/markets/sse
To my woe, I didn't follow Metals until just under 3 years ago. I'D dabbled in other things... sure I made money, but stocks take work, rentals take work. Metals are passive in comparison. I retired early and moved abroad, building a house and living on savings, then Blamo! Covid plandemic... returned to USA with 60% of my modest nestegg depleted, and I went back to work... So I was forced to find a safe haven since my funds would preclude real estate. VOILA Metals! Bought and sold, but no plans to sell anything now...
This surge should help with retirement fren.
Indeed, Although I spent my life working crap jobs in Orlando (very low paying, at least until 2017) I have found how managing money is more important than your check. I Can scrape by on my SS alone since I have a wife and we don't drive, and that's with her sending at least 50% of her income to her lazy family. My Metals is to provide for my enjoyment. Also have the ability to work FT/PT/On call, at my choice. Security loves old white guys and Nashville pays well
The banks are in there death throws...fighting with everything but the kitchen sink
“Throes”
Sorry my bad...forgive me
Just a heads up. 😊
Looks like they're fighting to bring it down.
Almost hit $84! WOWZERS!
It only means our dollar is worth even less. Not that silver is worth more.
😮😭
Comex just smacked it down to 76.30 but on the rise again
Looks like they're fighting to bring it down.
We knew they would try but ncswic! They are fighting a losing battle
Down to $82 at the moment. I am sure by morning many of us will be happy!
Some BANKS may not be. 😮😭😵
It's trading in Australia right now,Shanghai market opens around 7 central.
Price normally only changes once or twice an hour at this time,if that happens it's normal.