1. Same story, different day...........year ie more of the same fiat floods the world
    Dismiss Notice
  2. There are no markets
    Dismiss Notice
  3. Week of 6/24/2017 Closing prices & Chg Over Last Wk---- Gold $1256.40 Silver $16.64 Oil $43.01 USD $96.94
  4. "Spreading the ideas of freedom loving people on matters regarding high finance, politics, constructionist Constitution, and mental masturbation of all types"
    Dismiss Notice

Shall we bake the $20 cake for silver???????????

Discussion in 'Purchasing Precious Metals' started by southfork, Jun 15, 2014.



  1. stAGgering

    stAGgering Silver Miner Seeker

    Joined:
    Apr 11, 2010
    Messages:
    615
    Likes Received:
    224
    Trophy Points:
    43
    Never forget, silver is an industrial metal, and that is all. (s)

    If there is separation between; dollar, stawks & bonds, and contracts; from silver, then mercy has fallen upon us.

    Until then, even with 6% jumps, industrial only.

    OK class, with me say; inn-dus-tree-al meh-tall.
    Good class, you may go out for recess today.
     
    louky and Fjpod like this.
  2. Mr Paradise

    Mr Paradise Midas Member Midas Member

    Joined:
    Dec 3, 2011
    Messages:
    6,682
    Likes Received:
    6,927
    Trophy Points:
    113
    Location:
    Lake Superior
    Judas betrayed Jesus for 30 pieces of industrial metal.
     
    smilershouse and savvydon like this.
  3. louky

    louky Silver Member Silver Miner

    Joined:
    Jun 8, 2014
    Messages:
    3,419
    Likes Received:
    1,662
    Trophy Points:
    113
    Location:
    Bluegrass
    And like clockwork they announce "BreEnter" lol
     
  4. stAGgering

    stAGgering Silver Miner Seeker

    Joined:
    Apr 11, 2010
    Messages:
    615
    Likes Received:
    224
    Trophy Points:
    43
    Separation did not occur.
    In fact additional oligarchy control impressions, upon market psyche, are far more apparent.
    I dare say an underlying desire/panic is in motion.
    Why else would all time highs, dollar surges, and industrial anything, move vehemently so.
    Batten down the hatches, the sprinkles of the storm on the horizon have begun.
    We all knew, and election delayed such for strategic implementation.
    Not certain if this storm shall quarter past, and swing back as a vicious Nor' Easter... after January inauguration.
    Greed instinct among the uber wealthy is the variable.
    Deflationary effect may expand, for the moment proclaimed by many, but yet to enter.
    Need to rid yourself of any sellable, not utilized items, do it.
    It shall be a long, slow winter, unless you are wealthy.

    Wish I was in Ecuador,.. again.
    The people, the food, the clothes, the jewelry shops silver coin drawers, and the temperature @ 1500m.
    Oh, and streams of cold mountain water, trout to catch with gear I backpacked from home, sweet.
    Next time,...

    Silver is just not looking shiny right now, by design.
    Sumpin' doin', heads up bra.
     
    louky likes this.
  5. Ebie

    Ebie Midas Member Midas Member

    Joined:
    Apr 9, 2010
    Messages:
    7,162
    Likes Received:
    1,599
    Trophy Points:
    113
    How is the physical supply of silver holding up, at these prices?
     
  6. Professur

    Professur Midas Member Midas Member Site Supporter ++

    Joined:
    Mar 31, 2010
    Messages:
    4,742
    Likes Received:
    4,465
    Trophy Points:
    113
    Get it back under $14 you Yanks ... Papa's got a little dry paper to get rid of.
     
    CrimsonGuardJay likes this.
  7. stAGgering

    stAGgering Silver Miner Seeker

    Joined:
    Apr 11, 2010
    Messages:
    615
    Likes Received:
    224
    Trophy Points:
    43
    Top of the morning to ya,... tuesday morning.
    Quite interesting it(Ag) shall be from now until noonish.
    Professur, you may see paper go under $14, not physical however.
    Well, if fuel drops to .80c a gallon maybe.

    Ole Bo Polny claims tomorrow is "The day" for markets to tank.
    Let us see such, as we are participating in the slowest horror film, ever.
    Repair will not begin 'till it's broke.
    Wish I had some dry paper, I do not.
    Are there any physical PM grants from US Gvt out there ?
    There must be, plenty O paper ones.
     
  8. smilershouse

    smilershouse Gold Member Gold Chaser

    Joined:
    Apr 1, 2010
    Messages:
    2,323
    Likes Received:
    1,068
    Trophy Points:
    113
    Location:
    Australia
    This thread was started Jun 15 2014?...........I dunno about baking the $20 cake..How about we all eat $hit at $17?

    SH
     
  9. savvydon

    savvydon Gold Member Gold Chaser

    Joined:
    Dec 14, 2010
    Messages:
    1,939
    Likes Received:
    1,479
    Trophy Points:
    113
    That is some stale shiite indeed. dung:
     
  10. OverOver

    OverOver Silver Member Silver Miner Site Supporter

    Joined:
    Apr 1, 2010
    Messages:
    676
    Likes Received:
    505
    Trophy Points:
    93
    Maybe we need to scrap the cake and start baking pies or hams.
     
  11. smilershouse

    smilershouse Gold Member Gold Chaser

    Joined:
    Apr 1, 2010
    Messages:
    2,323
    Likes Received:
    1,068
    Trophy Points:
    113
    Location:
    Australia
    Maybe stick with nibbles and entrées' ?????


    SH
     
  12. Chester-Copperpot

    Chester-Copperpot Gold Member Gold Chaser Site Supporter Platinum Bling

    Joined:
    Aug 24, 2010
    Messages:
    3,276
    Likes Received:
    2,471
    Trophy Points:
    113
    Us stackers have been fucked upside down every which way till Tuesday. What a rush!
     
    savvydon likes this.
  13. savvydon

    savvydon Gold Member Gold Chaser

    Joined:
    Dec 14, 2010
    Messages:
    1,939
    Likes Received:
    1,479
    Trophy Points:
    113
    Das rite, long as they keep on screwing us I'll keep on stackin'.

    'Been down so long it looks like up to me'
     
    louky and Chester-Copperpot like this.
  14. Chester-Copperpot

    Chester-Copperpot Gold Member Gold Chaser Site Supporter Platinum Bling

    Joined:
    Aug 24, 2010
    Messages:
    3,276
    Likes Received:
    2,471
    Trophy Points:
    113
    Just gotta keep on doubling down. It's like a bad hand of blackjack, splitting 8s against a ten.
     
    savvydon likes this.
  15. Howdy

    Howdy Silver Member Silver Miner

    Joined:
    Nov 26, 2015
    Messages:
    1,005
    Likes Received:
    1,147
    Trophy Points:
    113
    I've got some dry powder. Will you bears talk the metals down 30% for me? Please? I know you can do it.
     
  16. stAGgering

    stAGgering Silver Miner Seeker

    Joined:
    Apr 11, 2010
    Messages:
    615
    Likes Received:
    224
    Trophy Points:
    43
    Such masochistic presentations are painful... continuously so.
     
  17. Ebie

    Ebie Midas Member Midas Member

    Joined:
    Apr 9, 2010
    Messages:
    7,162
    Likes Received:
    1,599
    Trophy Points:
    113
    The dollar is in a bubble, but we can’t know when it will pop.
    Not exactly at least.
    But it could pop tomorrow or a year from now.
     
  18. stAGgering

    stAGgering Silver Miner Seeker

    Joined:
    Apr 11, 2010
    Messages:
    615
    Likes Received:
    224
    Trophy Points:
    43
    Let us all see silver touch the 15.60's or less before close !
    If Asia wishes we could see a Blackened Silver Friday.
    Fibonacci party @ $15.60+- as either $13's or $20 destiny would be defined... maybe.
    If western oligarchs are not prepping for a long weekend, with Asian effect, retail fix/90 day corporate addiction, and a partridge in a PM tree.
    Well I would be surprised.
    I bet retail TANKS this season, but not silver retail, to shiny and cheap to not buy MOAR !
     
  19. stAGgering

    stAGgering Silver Miner Seeker

    Joined:
    Apr 11, 2010
    Messages:
    615
    Likes Received:
    224
    Trophy Points:
    43
    Ohhh here comes the tuesday morning feather weight fights.
    EST 8 AM to Noon Paper vs... Inky.


    "Get ready to TTTUUMMMBBLLLEE"
    "In the long corner with negligible weight we have Inky."
    "In the short corner weighing in at almost zero we have Paper."

    "Comex, this will all come down to reach don't you think."
    "JPM, These two are both champions who know how to battle. I expect a full fight with decision made in the final round."
     
  20. southfork

    southfork Mother Lode Found Mother Lode

    Joined:
    Mar 31, 2010
    Messages:
    13,581
    Likes Received:
    11,151
    Trophy Points:
    113
    Translation please.
     
  21. smilershouse

    smilershouse Gold Member Gold Chaser

    Joined:
    Apr 1, 2010
    Messages:
    2,323
    Likes Received:
    1,068
    Trophy Points:
    113
    Location:
    Australia
    I opine to logic that what Staggers is trying to point out is that the Central/world bankers have ink to print a currency, whereas the Ag derivatives are trading in zero worth (notional) paper contacts. And yet one is negating the other but uncannily drive the spot bullion price of Ag down in the process.

    SH
     
    stAGgering likes this.
  22. stAGgering

    stAGgering Silver Miner Seeker

    Joined:
    Apr 11, 2010
    Messages:
    615
    Likes Received:
    224
    Trophy Points:
    43
    Yes, with additional psychological overview, allowing generalization.
    There was no TTTUUMMMBBLLLEE !
    The only uncertainty I have in regards to, is wait.
    Even if sales are restricted or barred in metals markets around the globe; metal is the enemy.
    Compile all expert predictions (Schiff, Rogers, Dr. Faber etc) all will occur before the end.
    Many have.
    If deflationary trend continues we may never see $20 silver cake again, in purchasing power.
    Longer down faster up, deflation to inflation is probable, and a chart mantra.
    I truly know nothing, love probability, and detest the oligarchy's torturous, and chosen lethargy.
    You can not say the lethargy is not winning, just wait.
     
    REO 54 likes this.
  23. stAGgering

    stAGgering Silver Miner Seeker

    Joined:
    Apr 11, 2010
    Messages:
    615
    Likes Received:
    224
    Trophy Points:
    43
    Well, monday high before the turning of the guard.
    Today being tuesday, some dictionary heavy paper weight by noon... again ?
    Setting up for next weeks closure, I dare say.
    Unless, you know... things change.
    Still waiting.
     
  24. stAGgering

    stAGgering Silver Miner Seeker

    Joined:
    Apr 11, 2010
    Messages:
    615
    Likes Received:
    224
    Trophy Points:
    43
    $17.10 wh wh wh WHAT !
    Now, no to da moon talkin'.
    Next week we have closures.
    Beware of bait.
     
  25. stAGgering

    stAGgering Silver Miner Seeker

    Joined:
    Apr 11, 2010
    Messages:
    615
    Likes Received:
    224
    Trophy Points:
    43
    Tuesmorrow is TUESDAY !
    Tuesday before futures closure on Friday and Fed party.
    Silver is looking very, very heavy.
    Heavy enough to drop like a 1000 oz bar in an vacuum, no air resistance, not a hoover vac.
    We all know what gold and silver LOVE doing when Fed threats are flying.
    Ohh NO, Ohh YES, Ohh MAYBE.
    What did It, (Janit) say?
    "There will be no raising of the.... silver to $20" - Fed chair-thing It.
    God Bless 'Merica.
     
  26. stAGgering

    stAGgering Silver Miner Seeker

    Joined:
    Apr 11, 2010
    Messages:
    615
    Likes Received:
    224
    Trophy Points:
    43
    Monday lunch time and metals looking tasty.
    Never mind stawks playing russian roulette(like Bitcoin is, done, & did), 9 business days 'till futures '17 first closing... on inauguration day, Chinese New Year the 27th which traditionally allows western bank metal crushing, holiday retail results tanked across the board, and physical metals are not exactly hot cakes.
    I am suspicious viewing silver charts, as a little double cap and drop looks as though it would fit within above mentioned dates.
    Are we not slowly approaching 2016 low of the year date?
    Why not go for a jog on down the avenue to $13 West Dollar Street.
    If typical Tuesday 8AM -12AM has minimal or absent effect, I urge caution: bait on hook.
    Tuesday the 16th is only 7 days away.
    COME ON DOWN TO AG'S DEAL OF THE WEEK !
    Let us hope China does not allow their currency, market, new laws, and new years week off, to open door for JPM & Friends, while majority focuses upon new President and swamp/wetlands threat.
     
  27. smilershouse

    smilershouse Gold Member Gold Chaser

    Joined:
    Apr 1, 2010
    Messages:
    2,323
    Likes Received:
    1,068
    Trophy Points:
    113
    Location:
    Australia
    We will have to see what happens. Me? I have totally lost confidence in the rational market theory. All this gov and banking intervention has done is create a very distorted market. Like the EU, a very good and high minded concept that has since become corrupted. EU buying its own debt etc. The gov-banking relationship has bought nothing but chaos and confusion. The entire markets have been reduced to HFTS. Meaning no true price mechanisms, just players grabbing what they can from govt-banking interventions.

    SH
     
    Hystckndle likes this.
  28. stAGgering

    stAGgering Silver Miner Seeker

    Joined:
    Apr 11, 2010
    Messages:
    615
    Likes Received:
    224
    Trophy Points:
    43
    I agree. However certain aspects of the market which fall to the side of rational, continue to have an effect.
    Like tremors before the Big One.
    I must add, the number of tremors have risen to the desensitization level.
    By design I dare say, and on all fronts, as stability no longer exists.
    The new normality, A Rave "Party like it's 1999" on an iceberg in Yellowstones Hot Springs.
    No problem here, move along.
     
  29. stAGgering

    stAGgering Silver Miner Seeker

    Joined:
    Apr 11, 2010
    Messages:
    615
    Likes Received:
    224
    Trophy Points:
    43
    Oh my, the week of the tuesdays is here.
    Any day this week is really; a tuesday.
    Fridays insurance price spike looked like a mackerel, going up to the bucket on a SLV jig.
    Make a 6% dead fall easier on the papers.
    China is on vacation, opportunity knocks... and charts will need elongated adjustments by the end of the week.
    Otherwise, it's just not gonna look right.
    McMACD is turning its flukes, diving.
    "Just gotta keep silver
    d
    o
    w
    n
    "
    -JPM with their millions of ozs.
    So ready for pattern of normality to go up in smoke.
    This week, I doubt it.
    Keep stackin'.
     
    Hystckndle likes this.
  30. SilverBuyer

    SilverBuyer Silver Member Silver Miner

    Joined:
    Jan 21, 2015
    Messages:
    744
    Likes Received:
    565
    Trophy Points:
    93
    I think this is going to be a good year for silver, my prediction is we'll see $26 at some point during the year.
     
  31. smilershouse

    smilershouse Gold Member Gold Chaser

    Joined:
    Apr 1, 2010
    Messages:
    2,323
    Likes Received:
    1,068
    Trophy Points:
    113
    Location:
    Australia
    Even the Dogs have gotta go to someplace
    \

    SH
     
  32. platinumdude

    platinumdude Gold Chaser Platinum Bling

    Joined:
    Mar 31, 2010
    Messages:
    3,361
    Likes Received:
    2,239
    Trophy Points:
    113
    $20 cake for next week?
     
  33. southfork

    southfork Mother Lode Found Mother Lode

    Joined:
    Mar 31, 2010
    Messages:
    13,581
    Likes Received:
    11,151
    Trophy Points:
    113
  34. andial

    andial Sir Midas Member Site Supporter ++

    Joined:
    Apr 1, 2010
    Messages:
    9,817
    Likes Received:
    9,635
    Trophy Points:
    113
    Dam I forgot all about silver, something better came along.
     
  35. #48Fan

    #48Fan Silver Member Silver Miner

    Joined:
    Mar 14, 2014
    Messages:
    334
    Likes Received:
    204
    Trophy Points:
    43
    I'm a bit disappointed........ Where's my rockets???
     
  36. madhu

    madhu Silver Member Silver Miner

    Joined:
    Apr 2, 2010
    Messages:
    751
    Likes Received:
    385
    Trophy Points:
    63
    Where is Silver Sammy. Did he change his avatar
     
  37. madhu

    madhu Silver Member Silver Miner

    Joined:
    Apr 2, 2010
    Messages:
    751
    Likes Received:
    385
    Trophy Points:
    63
    Where is Silver Sammy. Did he change his avatar
     
  38. stAGgering

    stAGgering Silver Miner Seeker

    Joined:
    Apr 11, 2010
    Messages:
    615
    Likes Received:
    224
    Trophy Points:
    43
    $26 is at the tip top of Fibonacci.
    That'll be double last years lows.

    All I know... T-rump's lips and pen have .50 cal strafed typical tuesdays performance.
    The majorities do not know wether to sh^$ or go blind.
    In this USD disarray, I will continue to suspect typical smack down in order to keep metals at bay.
    Until all blood is drained from the stone, and inflation strikes unilaterally.
    The poor must be kept poor, until there is no more.
    After 5 weeks of gain, I AM WARY.
    But, "I'll take Silver for $26 Alex"
    Does anyone have the answer.
     
    madhu likes this.
  39. Silver

    Silver Gold Member Gold Chaser

    Joined:
    Mar 31, 2010
    Messages:
    2,602
    Likes Received:
    2,823
    Trophy Points:
    113
    On a long enough timeline...bigly.
     
  40. platinumdude

    platinumdude Gold Chaser Platinum Bling

    Joined:
    Mar 31, 2010
    Messages:
    3,361
    Likes Received:
    2,239
    Trophy Points:
    113
    Trump is going to make silver great again.
     
  41. stAGgering

    stAGgering Silver Miner Seeker

    Joined:
    Apr 11, 2010
    Messages:
    615
    Likes Received:
    224
    Trophy Points:
    43
    Twas the mornin' before tuesday, and it's all through.
    If the weekly dip buying opportunity does not show its arse tuesday.
    Two weeks of tuesdays pattern gutting on low volume, and investanoia across the globe.
    Fleeing of globally dropping currencies, market highs, corporate profits low, debt saturations, default records approaching, consumer absence, retail closure spike... and the list goes forth.
    Apprehension as to what would turn the metals in reverse, beyond monstrous paper shortage; monstrous.
    Let us see the 8am-12 est control pattern reemerge, alas we will know everything is normal... somewhere.
     

Share This Page