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Rafi Farber: Silver in backwardation for 3rd straight week

Goldbrix

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Avalon

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Interesting but the comment are great...

james robison

1 hour ago
Rafi I have heard going to the moon ,skyrocket for over 8 yrs. now I`ll believe it when I see it. After all these yrs. I`m probably still underwater with mine and I have bought a truckload over probably 8 yrs. Yea it`s hard to keep my attitude up but I`m trying like hell.
 

CopperSilverGold

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Interesting but the comment are great...

james robison

1 hour ago
Rafi I have heard going to the moon ,skyrocket for over 8 yrs. now I`ll believe it when I see it. After all these yrs. I`m probably still underwater with mine and I have bought a truckload over probably 8 yrs. Yea it`s hard to keep my attitude up but I`m trying like hell.

He could hold PMs or keep his money in the bank. Or he could put it into something like crypto. I'll take the first over the second and third options any day of the week.
 

Avalon

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He could hold PMs or keep his money in the bank. Or he could put it into something like crypto. I'll take the first over the second and third options any day of the week.
not everyone has our patience. :belly laugh:
 

Goldbrix

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viking

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Casey Jones

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Nothing is real anymore. Every exchange, every currency and "store of value" is manipulated by the Lizard-Man Banksters, to push the Narrative.

At this point it doesn't matter. We ARE going to be poor. The question is, what will survive what has to happen, the Hard Reset (not at all the Klausian Grate Reset)?

Dollars are going to be good to start fires with. Digital dollars will evaporate, with the collapse...from nothing, and to nothing. Stonks...is AMC or Gamestop going to be worth anything? Will their ASSETS?

Howzabout $TSLA? Electric cars? Be serious. What stock will survive? I don't think any will - property rights will be as dead as dollars.

What is left? Silver, gold, guns, lead. So, what we're seeing is the Elites trying one more way to destroy the futures of the provident, while rewarding the reckless and foolish. Retro free koledge; but 20-percent inflation, zero-percent interest on savings, and manipulate precious metals down as low as they can.

Bitcoin, yeah! Until the time is ripe to destroy THAT.
 

viking

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1653772967046.jpeg
 

Goldbrix

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BeefJerky

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Metals have done find holding value over the decades. The only way they do great against the dollar is if fools panic. Measuring metals in dollars will be the game of fools in the end. Keep your metals regardless of whatever. Use them only if necessary.
 

Voodoo

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Not just three weeks but it has lasted months apparently. I really have a hard time following Andrew Maquire but he understands the gold market I think almost like no one else.

Here he talks about how odd it is to have the December Silver contracts already in backwardation. Everything is pointing to a huge move in Silver but we all want to know when.

 

Cigarlover

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Sounds like Rafi got it right so far. I think we all knew that in order for the system to continue it needs more and more cash infusions. So he's spot on. I didn't know about 2008 and the crash in sept. Here we are now. in 2022 and things are even worse. Going to be an interesting month.
 

Voodoo

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Still talking about Silver... Setting up the dumb specs but bottom line is the huge physical market is just about to take over and kill COMEX.

 

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Voodoo

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This was a pretty good explanation of the backwardation and when it happened before.

 

Voodoo

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He isn't wrong, I checked Iborrowdesk and this looks like some of the meme stocks. These things fly when the fee starts to drop and shares come back.


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