• "Spreading the ideas of freedom loving people on matters regarding metals, finance, politics, government and many other topics"

Manic monday beatdown on metals

rte

Silver Member
Silver Miner
Joined
Sep 7, 2011
Messages
1,335
Reaction score
1,692
Things are breaking though.
Looks like the full moon is ramping up the gravity on silver today.
Does that effect bars more then rounds?
I'm probably thinking about a different kind of pull, gonna go out on a limb and say it's being manipulated in a roller coaster type fashion.
 

the_shootist

Checked out! Good luck!
Eagle
Mother Lode
Joined
May 31, 2015
Messages
80,453
Reaction score
180,776
Looks like another dip and another possible buying opportunity lurks :2 thumbs up:
 

Voodoo

Midas Member
Midas Member
Sr Site Supporter
Platinum Bling
Joined
Mar 31, 2010
Messages
7,287
Reaction score
12,284
Location
Deep Underground Bunker
Apparently everything is fixed today. Why didn't I get the memo?

:make happy:
 

the_shootist

Checked out! Good luck!
Eagle
Mother Lode
Joined
May 31, 2015
Messages
80,453
Reaction score
180,776
Apparently everything is fixed today. Why didn't I get the memo?

:make happy:
I'm relaxed and comfortable because, to me, it doesn't matter what the markets do to the spot price of PMs now. It only matters how much you're able to have stacked before the music stops and the dollar evaporates
 

Voodoo

Midas Member
Midas Member
Sr Site Supporter
Platinum Bling
Joined
Mar 31, 2010
Messages
7,287
Reaction score
12,284
Location
Deep Underground Bunker
I'm relaxed and comfortable because, to me, it doesn't matter what the markets do to the spot price of PMs now. It only matters how much you're able to have stacked before the music stops and the dollar evaporates

Yeah, it doesn't bother me. My PM's are down and the meme stocks usually are up. Or vise versa. Just gives me an opportunity to trade between the two to try and expand my positions in both. And I highly doubt the price of the real stuff changes much.

It looks like the FED was out in full force today. Silver walked straight down and the stonk market was walked straight up. Their problem is that they are all Very long the stonk market but Very VERY short some stocks. So they are playing whack a mole.
 
Last edited:

Ebie

Midas Member
Midas Member
Joined
Apr 9, 2010
Messages
8,937
Reaction score
3,456
It would be helpful for a service to track, over time the actual (average) price of ASEs.
 

southfork

Mother Lode Found
Sr Site Supporter
Mother Lode
Joined
Mar 31, 2010
Messages
18,048
Reaction score
18,159
CMON MAN, ITS TUESDAY NOT MONDAY WTF
Looks like another dip and another possible buying opportunity lurks :2 thumbs up:
Id have to get close to melt in this environment, especially would stay away from silver eagles, makes no sense the premiums they are getting
 

rte

Silver Member
Silver Miner
Joined
Sep 7, 2011
Messages
1,335
Reaction score
1,692
Apparently everything is fixed today. Why didn't I get the memo?

:make happy:
I can answer that, but you probably won't like the answer.
Not too worry, you're in good company here.
 

Voodoo

Midas Member
Midas Member
Sr Site Supporter
Platinum Bling
Joined
Mar 31, 2010
Messages
7,287
Reaction score
12,284
Location
Deep Underground Bunker
This looks like it could be a fantastic slingshot type move setting up. There is physical bullion available so there might actually be some good deals here this week. Let's go.
 

southfork

Mother Lode Found
Sr Site Supporter
Mother Lode
Joined
Mar 31, 2010
Messages
18,048
Reaction score
18,159
This looks like it could be a fantastic slingshot type move setting up. There is physical bullion available so there might actually be some good deals here this week. Let's go.
Yah, bullion available but you have to eat the 3$+ preiums before your in the green, the way its going I dont know if I will see that in my lifetime and Im only 71
 

chieftain

Trump got them plump
Gold Chaser
Joined
Jan 4, 2020
Messages
5,876
Reaction score
10,282

plata_oro

Silver Member
Silver Miner
Joined
Aug 15, 2012
Messages
564
Reaction score
657
Location
Eye-duh-hoe
What happened to those reddit guys who were changing the silver world?
They all have 1,000's of ounces of silver and egg on their faces. Just like the crash JPM narrative last decade. I'm glad traded some of mine for gold last year while I had the chance.

Now if they can just smack the gold price down a bit more I might buy some 1/4 ounces from Provident. My limit is 500 FRN's. They only PM with reasonable premiums.

Central banks stack gold as a reserve. Not platinum, palladium or silver. Never have, never will.
 

Voodoo

Midas Member
Midas Member
Sr Site Supporter
Platinum Bling
Joined
Mar 31, 2010
Messages
7,287
Reaction score
12,284
Location
Deep Underground Bunker
What happened to those reddit guys who were changing the silver world?

Getting beat down way worse than us poor silver guys. And totally not used to it like we are.
 

Voodoo

Midas Member
Midas Member
Sr Site Supporter
Platinum Bling
Joined
Mar 31, 2010
Messages
7,287
Reaction score
12,284
Location
Deep Underground Bunker
Yah, bullion available but you have to eat the 3$+ preiums before your in the green, the way its going I dont know if I will see that in my lifetime and Im only 71

You are only eating a $3 premium if the premiums are disappearing. That Ain't happening. Just look at it as what price are you getting the real stuff for? Premiums are pointless.
 

the_shootist

Checked out! Good luck!
Eagle
Mother Lode
Joined
May 31, 2015
Messages
80,453
Reaction score
180,776
It's going to get crazy if "normal" people start talking about stacking.
During my 67 trips around the Sun I've learned that most people are stupid so I don't expect a huge uptick on the number of stackers until its too late for them
 

CopperSilverGold

Silver Member
Silver Miner
Joined
Mar 31, 2010
Messages
1,659
Reaction score
3,278
Location
Midwest
During my 67 trips around the Sun I've learned that most people are stupid so I don't expect a huge uptick on the number of stackers until its too late for them

Agreed. When I talk to people about it, immediately there are either looks of confusion or eyerolls. Or better yet, some delusional people feel like the dollar will never go away and that I must be a conspiracy theorist. Some won't even consider having 10% of their savings in physical assets. Fools.
 

Avalon

The most courageous act is to think for yourself
Midas Member
Sr Midas Sup +++
GIM Hall Of Fame
Joined
Mar 30, 2010
Messages
9,875
Reaction score
22,953
Location
NC
Was at physical therapy today, girl telling me she was wanting to buy some gold and silver, gave her some avenues to pursue
send her here.. we need more women :)
 

coopersmith

for fuck sake..........
Silver Miner
Joined
Mar 31, 2010
Messages
5,395
Reaction score
11,219
Location
ogallala flats
palladium seems to be the big loser, down 233 frn..........:Out:
 

Buck

Mother Lode Found
Midas Supporter
Mother Lode
Joined
Apr 13, 2011
Messages
23,863
Reaction score
32,026

the_shootist

Checked out! Good luck!
Eagle
Mother Lode
Joined
May 31, 2015
Messages
80,453
Reaction score
180,776
My wifes friend out of the blue gave me 10k a few months back and asked me to buy her silver
10K would buy a lot of hookers and blow SF....just sayin :summer:
 
Last edited:

Casey Jones

Train left the station...
Gold Chaser
Site Supporter ++
Platinum Bling
Joined
Apr 4, 2020
Messages
10,225
Reaction score
16,593
Location
Down the road from the Kaczynski ranch
During my 67 trips around the Sun I've learned that most people are stupid so I don't expect a huge uptick on the number of stackers until its too late for them
As the government fiat melts down in value...they're all excited about digital code scrip.

They won't realize the folly of that until WAY too late. Like the stupid woman in the book Lucifer's Hammer, who prepared for the comet strike by buying food.

Frozen food.
 

the_shootist

Checked out! Good luck!
Eagle
Mother Lode
Joined
May 31, 2015
Messages
80,453
Reaction score
180,776
As the government fiat melts down in value...they're all excited about digital code scrip.

They won't realize the folly of that until WAY too late. Like the stupid woman in the book Lucifer's Hammer, who prepared for the comet strike by buying food.

Frozen food.

I was a butcher for 26 years before getting into IT. As such I can tell you that every single time there was a hurricane predicted the idiot shoppers would enter the store in droves and load up on the perishables like you read about! This was back before many people had backup generators so if (usually when) the power goes out so do their fridges/freezers. Their backup plan was to not open the fridge door and pray the power comes back within a day or so. Many times it took a lot longer for many areas to restore power.

Me and the other guys would stand there behind the case and snicker to each other as they walked by with their carts filled with milk, meats and ice cream.

People are stooooopid!

 
Last edited:

Unca Walt

Midas Member
Midas Member
Midas Supporter
Joined
Mar 15, 2011
Messages
16,418
Reaction score
33,673
Location
South Floriduh
I'm relaxed and comfortable because, to me, it doesn't matter what the markets do to the spot price of PMs now. It only matters how much you're able to have stacked before the music stops and the dollar evaporates
There It Is. ^^^^^^^^^^^^ Perfect and correct.
 

Casey Jones

Train left the station...
Gold Chaser
Site Supporter ++
Platinum Bling
Joined
Apr 4, 2020
Messages
10,225
Reaction score
16,593
Location
Down the road from the Kaczynski ranch
I'm relaxed and comfortable because, to me, it doesn't matter what the markets do to the spot price of PMs now. It only matters how much you're able to have stacked before the music stops and the dollar evaporates
Seems like the music has stopped.

Hysteria mounts. Right now it's all about their pee-pees; that's always Woketards' biggest concern. But soon there won't be Popeyes available, and then, no Hot Pockets.

While the power goes out. And NO GAS signs become ubiquitous.
 

nickndfl

Midas Member
Midas Member
Eagle
Joined
Jan 7, 2011
Messages
17,121
Reaction score
19,138
Location
Florida
No more Hot Pockets??? That's the end of the world.

 

the_shootist

Checked out! Good luck!
Eagle
Mother Lode
Joined
May 31, 2015
Messages
80,453
Reaction score
180,776
Seems like the music has stopped.

Hysteria mounts. Right now it's all about their pee-pees; that's always Woketards' biggest concern. But soon there won't be Popeyes available, and then, no Hot Pockets.

While the power goes out. And NO GAS signs become ubiquitous.
You'll know the music stopped when you start seeing FRNs blowing in the gutter
 

<SLV>

Platinum Bling
Sr Site Supporter
Platinum Bling
Joined
Apr 1, 2010
Messages
6,662
Reaction score
11,478