Is Silver next?

[Tyler-The-Piker]

But who?

JP Morgan is the worst offender. They end up paying fines yearly...must be worth it to them.

 

[DoggyDaddy]

Dang, that's the big boys, not Robinhood traders.

 

[Ingomike]

Dang, that's the big boys, not Robinhood traders.

That is what TTT has been telling us all along.

 

[Magyars]

But who?

Does it matter? Buy on the dips.

 

[snorko]

Let's keep in mind the entire Y axis scale is only $1.00 or 3.90% potential of movement which is going to exaggerate any movement. The one month and 6 month trends show a pretty steady upward climb.

It will be fun to watch Saturday when the alleged silver squeeze II is to take place. Redditt folk are pushing everyone to order 100 oz of silver to suck up the supply.

 

[vzdude]

Let's keep in mind the entire Y axis scale is only $1.00 or 3.90% potential of movement which is going to exaggerate any movement. The one month and 6 month trends show a pretty steady upward climb.

It will be fun to watch Saturday when the alleged silver squeeze II is to take place. Redditt folk are pushing everyone to order 100 oz of silver to suck up the supply.

The supply is already either at an exaggerated price, or hard to get. Saturday should be interesting, for sure!

 

[Tyler-The-Piker]

^
^
^
^
?

 

[spencer rifle]

Waiting for the noon hour drop to get some...

 

[Tyler-The-Piker]

Waiting for the noon hour drop to get some...

Im worried the first of the Reddit crowd will impatiently start buying today...

 

[spencer rifle]

Im worried the first of the Reddit crowd will impatiently start buying today...

I think they already have. There may not be a dip today after all.

ETA: SilverGoldBull is calling this "Raid Weekend."

 

[turnerdye1]

SD Bullion has some decent "sales" going on 10oz, 100oz, or 1000oz if you can afford it

 

[snorko]

I think any bump from a Redditt squeeze has to be short term. Am I wrong? As I understand it the goal is to force up the price short term to hurt the paper silver trades and maybe get spot up to what physical silver should be.

 

[Tyler-The-Piker]

I think any bump from a Redditt squeeze has to be short term. Am I wrong? As I understand it the goal is to force up the price short term to hurt the paper silver trades and maybe get spot up to what physical silver should be.

I can't argue with that.

 

[spencer rifle]

Cheapest at present appears to be 10 oz. Silvertowne at SilverGoldBull.

 

[Tyler-The-Piker]

Cheapest at present appears to be 10 oz. Silvertowne at SilverGoldBull.

I thought about driving out to Winchester today...

 

[spencer rifle]

I thought about driving out to Winchester today...

Would they charge tax for in-person transactions?

 

[Tyler-The-Piker]

Would they charge tax for in-person transactions?

Yes

 

[teddy12b]

The timing of randomly coming across this article is not lost on me. The spot price topic isn't so much of a concern to me, but as with all building materials in todays world it's the availability that's driving the prices.

Mints are running out of gold; not enough physical silver to cover paper - former U.S. Mint Director

www.kitco.com

 

[spencer rifle]

Got 50 oz. during the noon hour dip. We'll see if it goes lower...

ETA: And I missed the low again. Still going down as of 1:30.

 

[snorko]

Got 50 oz. during the noon hour dip. We'll see if it goes lower...

ETA: And I missed the low again. Still going down as of 1:30.

You inspired me and I was watching. Provident has new style Sunshine 1oz rounds for $4.99 over spot, any amount. Spot hit $25.97 right before I ordered some. Cheaper per oz than even their random 10oz bars, and only $1.00/oz more than a 100oz bar.