1. Stocks rebound yesterday to plug their losing streak, metals pull back
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  2. Good Weds Morning! Gold is down 3 to 1252, while Silver is down 8 to 18.16. Crude is up 27 to 4864. The USD is up 9 to 9964.
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  3. Week of 3/25/2017 Closing prices & Chg Over Last Wk---- Gold $1248.50-- UP 18.30 Silver $17.75-- UP 34 Oil $47.97-- DOWN 134 TICS USD $99.42 -- DOWN 66 tics

Silver dump created by the FED?

Discussion in 'Gold Silver (All things Metal)' started by Weatherman, Mar 3, 2017.



  1. Weatherman

    Weatherman In GIM since 2006 Gold Chaser Site Supporter

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    Some of you may have noticed that silver was a little lower yesterday. Those who missed that spectacular silver show can view and read about it in these links:

    Silver dump.png
    Silver Is Collapsing On Massive Volume

    The dump in silver is the top subject on Jim Sinclair's site today.
    115 Million Ounces…Not Even Close To Possible!


    There was an early warning when SLW was pressed down more than 7% on 2/27:

    SLW dump.png

    So, what to make of these attacks by the banksters? My Wild A$$ Guess is that the decision has been made by the FED to raise interest rates a notch higher on 3/15, and of course that decision was leaked to their bankster attack dogs. That advance insider knowledge made it easy for the banksters to raid metals in advance, and to profit well as usual while they do the FED's bidding to hold down the prices of precious metals. If my guess is right, then it would seem likely that there will be another dump (or two) before the rest of us outsiders hear the FED decision on Wednesday 3/15. Another day of weak prices on 3/16 would give time for the US$ to peak, and for the banksters to buy back their shorts to collect their bounty profits. I am not selling anything now because I learned long ago to not bet on my WAGs, but I will keep some powder dry to buy again on Friday 3/17. DYODD, NIA, YMMV, etc.
     
  2. the_shootist

    the_shootist I self identify as a black '69 Camaro Midas Member Site Supporter ++

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    Looks like another dip comin' folks, get that dry powder ready
     
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  3. SilverCity

    SilverCity Gold Member Gold Chaser

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    Not collapsing at my house, baby...the floors maybe.

    :2 thumbs up:

    SC
     
    Last edited: Mar 3, 2017
  4. louky

    louky Silver Member Silver Miner

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  5. ttazzman

    ttazzman Midas Member Midas Member Site Supporter

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    that chart sure makes a guy want White Metals .......
     
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  6. louky

    louky Silver Member Silver Miner

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    If i owned any more silver and platinum i dont think i'd be able to sleep at night with excitement
     
  7. ttazzman

    ttazzman Midas Member Midas Member Site Supporter

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    heck i even have some of that nasty ole Pl to go with the Pt and Ag.......not much but at least i can celibrate a bit........glad i bailed out of NG a few years ago with a small loss
     
    Last edited: Mar 4, 2017
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