Is Silver next?

[Mij]

I think the velocity of the paper is more concerning that the quantity...

The second anchor (of many) that keeps physical traders from making a buck. Who can keep up with a computer?

 

[spencer rifle]

So, what's with all the flat lines for PMs this morning?

 

[DoggyDaddy]

So, what's with all the flat lines for PMs this morning?

Something's up with Kitco. It hasn't updated since 8 a.m.. Gold has been going up according to Monument.

 

[ancjr]

Looks like another buying opportunity in the coming days...

 

[DoggyDaddy]

So, what's with all the flat lines for PMs this morning?

Kitco started updating again. They're not flat anymore!

 

[Mij]

I thought this morning would be interesting, keep a weather eye on your FRN’s. (they’re dropping) oil is climbing. Not being a chicken little but this could be “the big one”. I hope not, but I’m not taking my eyes off the dollar. It’s only 8 minutes from my house to our local Farmers Bank, a small town privately owned 3 branch bank.

8 minutes and some paper work, while on the phone to my broker to lock up metal price. I’m good to go. Back home to get at least one shotgun rider. 1 hr. Into city, 1 hr. home. Call wife, get her headed this way. I’m done. See you guys on the other side.

G****** Powell, and his big mouth. Stupid S** ** * *****. Raise rates, made the announcement Friday just before closing bell. What did he think would happen? It’s almost like they (the FED) want to cause a panic. What are these people thinking? G** **** dombocrats, G** **** Federal Res.

 

[GranolaFacility]

Just listened to this podcast a couple days ago. Seemed like an informative and balanced perspective. Big takeaways:

• Gold is leaving vaults at a high rate despite a fairly flat price
• Inevitable does not mean imminent.

They discuss price manipulation toward the end.

 

[ancjr]

Looks like another buying opportunity in the coming days...

View attachment 220672

You're welcome.

 

[DoggyDaddy]

Just ordered 2 oz. gold from Monument. DoggyMama wanted a gold eagle and I ordered one of these for $70.00 less than her eagle.

 

[Mij]

Just ordered 2 oz. gold from Monument. DoggyMama wanted a gold eagle and I ordered one of these for $70.00 less than her eagle.

View attachment 221001

Now your talkin, and at almost 95:1 a good chance for some to move some gold to silver if you can remain diversified.

Dollar is down again after a small rise. Oil down, DJIA also down.

Good show DD. It’s better than FRN’s in the bank.

 

[DoggyDaddy]

Now your talkin, and at almost 95:1 a good chance for some to move some gold to silver if you can remain diversified.

Dollar is down again after a small rise. Oil down, DJIA also down.

Good show DD. It’s better than FRN’s in the bank.

I'm trying to get more gold. I mostly have silver. Just received the first of two 10 oz. Unity & Liberty bars today that I had ordered from Monument in the past couple of weeks.

 

[Mij]

I'm trying to get more gold. I mostly have silver. Just received the first of two 10 oz. Unity & Liberty bars today that I had ordered from Monument in the past couple of weeks.

View attachment 221058

Yep, as in all things investing diversification is a key. I’m starting to investigate copper. I’ve got a couple of 1 oz. Rounds that I’ve picked up over the years, more as happenstance than anything else. But I’m now seriously looking at a couple 100 or even 10 oz. bullion bars. If I had it to do over again copper was the smart move 50 years ago. Easy to say that now, reading the past is sure easier than reading the future.

 

[snorko]

The spot dropping today is killing me. I just paid my Q3 quarterly taxes and am actually taking some vacation soon and want to splurge some cash on that. So the extra money fund is low when silver looks to close in on $18/oz.

 

[DoggyDaddy]

The spot dropping today is killing me. I just paid my Q3 quarterly taxes and am actually taking some vacation soon and want to splurge some cash on that. So the extra money fund is low when silver looks to close in on $18/oz.

Yep, it even dipped below 18 for a bit today. 17.98 as I type this.

 

[DoggyDaddy]

I've really been liking the 10 oz. bars. Here's the Liberty and Unity bar that came today, next to the IGR that came a few days ago.

 

[ancjr]

Graph is still showing downside potential...

 

[ancjr]

10oz bar $207.94 as I type https://silvergoldbull.com/wss-10-oz-our-choice-of-new-silvertowne-silver-bar

 

[DoggyDaddy]

10oz bar $207.94 as I type https://silvergoldbull.com/wss-10-oz-our-choice-of-new-silvertowne-silver-bar

That's a good deal! I don't know if they charge tax or not, but at least shipping would be free.

 

[Mij]

Great buy op. Go get’m guys.

 

[ancjr]

That's a good deal! I don't know if they charge tax or not, but at least shipping would be free.

I'm waiting to see what tomorrow and Friday does...