Clive did a good video today explaining Wednesday shenanigans.
That day set the march price,people are standing for delivery today. And people can buy and stand for delivery at any time in the month, so they can be squeezed at any time.
That may be correct. I will study video. I'm pulling back my silver horns for now (it closed >$94), and shifting my order to next week. Previously, they were doing Friday dumps, and they may go back to that next week. If I had enough capital I would just do weekly orders, but for now doing 2 purchases of physical per month, so trying to figure out what the manipulators are doing to time the purchases in a way that at least hurts them a little (I'm Wells-Fargo's and BofA's naked shorting silver operation's little fire ant?)
That is India and China both basically decoupled. Now we need Russia, Japan, and Brazil to decouple. Russia needs to setup its own silver exchange if they have not and then partner with Poland, Hungary, Slovakia, and Serbia (PHSS block). That would make a formidable block. Japan and Brazil may be effectively using Shanghai price at this point. US will be forcibly decoupled from rest of world when they put in minimum price due to "strategic mineral classification" (price floors expected in May for rare earths with silver to follow shortly after, imo).
It's a pity the Wizard of Oz got censored, because it would be a nice touch if the boomer mind remembered silver slippers travelling up that fatter golden line, I mean, the yellow brick road.
Let them do whatever they want, we ain’t selling. Even if the try the 1930s u have to turn your gold in, I won’t do it and bury it in the back yard.
Take it fishing with you. That’s what I did. 😉
Tragic.
hehe...i hear 10oz silver bars can make a nice wood floor underlayment when laid flat end-to-end, side-to-side...just a rumor.
Agreed. Though might consider it - at 6C...not sure even that would be fair for us though...
username checks out!
Spot (physical) vs contract in West & China: https://metalcharts.org/shanghai
sdbullion.com
apmex.com
1964 JFK circulated halves (and other 90%) appear to have the lowest premium.
McAfee is not a fan of the link above, but it was fine with this one: https://goldpricez.com/silver-rates/china/ounce
https://www.youtube.com/watch?v=ifnHh_Wa8_k&t=954s
Clive did a good video today explaining Wednesday shenanigans.
That day set the march price,people are standing for delivery today. And people can buy and stand for delivery at any time in the month, so they can be squeezed at any time.
That may be correct. I will study video. I'm pulling back my silver horns for now (it closed >$94), and shifting my order to next week. Previously, they were doing Friday dumps, and they may go back to that next week. If I had enough capital I would just do weekly orders, but for now doing 2 purchases of physical per month, so trying to figure out what the manipulators are doing to time the purchases in a way that at least hurts them a little (I'm Wells-Fargo's and BofA's naked shorting silver operation's little fire ant?)
I suspect we are going much higher next week.
I've been wrong before...l
It's 2/27....
Today is the first delivery date for March delivery...
AND.... They're WAY light on inventory...
It's gonna get nuts...
Plus, India just decoupled from the LBMA/Comex and I expect others to follow...
That is India and China both basically decoupled. Now we need Russia, Japan, and Brazil to decouple. Russia needs to setup its own silver exchange if they have not and then partner with Poland, Hungary, Slovakia, and Serbia (PHSS block). That would make a formidable block. Japan and Brazil may be effectively using Shanghai price at this point. US will be forcibly decoupled from rest of world when they put in minimum price due to "strategic mineral classification" (price floors expected in May for rare earths with silver to follow shortly after, imo).
Not sure I love that direction...
BUT... I AM fond of anything that takes control away from the non-contributing zeros that produce NOTHING in City of London...
So, yanno...
I've read that the price was set on Wednesday. IDK
They shut down the comex…..and had some ‘meetings’….?……😀
Existing contracts are getting silver,no need to fuk with the price.
So far it's a no-slam Friday. I've been curious to see where it closes all day since seeing it up a fair bit earlier.
SilverPrice.org as of 6:50
Silver - $93.72
Gold - $5278.10
It's a pity the Wizard of Oz got censored, because it would be a nice touch if the boomer mind remembered silver slippers travelling up that fatter golden line, I mean, the yellow brick road.
It's like a prophesy that was smothered.