The Conservative Cave

Current Events => Economics => Topic started by: Rick on January 30, 2021, 06:24:57 PM

Title: Silver
Post by: Rick on January 30, 2021, 06:24:57 PM
Some rumors/posts that silver is going to get the Gamestop treatment Monday.
Im suspious, don't run with that crowd. What are your thoughts.
Title: Re: Silver
Post by: thundley4 on January 30, 2021, 06:57:37 PM
I've seen a few things about buying physical silver. It seems that there is more silver being played with by the big boys than actually exists in physical form.
Title: Re: Silver
Post by: Rick on January 30, 2021, 07:27:33 PM
Yea, seen several on GAB, thought them shills.
Then there's this guy: http://www.silverbearcafe.com/private/01.21/rally.html (http://www.silverbearcafe.com/private/01.21/rally.html)

His rational/reasoning is above my pay grade, but he seems to be coming to the same conclusion.

Wife has been stacking for years. Would like to know if I need to drag some out of the safe.

And now I have come across this:
https://kingworldnews.com/no-silver-liquidity-in-london-this-could-destabilize-all-gold-silver-contracts/ (https://kingworldnews.com/no-silver-liquidity-in-london-this-could-destabilize-all-gold-silver-contracts/)
With an end of the world, doom and gloom, complete with charts.
Title: Re: Silver
Post by: thundley4 on January 30, 2021, 09:35:45 PM
Yea, seen several on GAB, thought them shills.
Then there's this guy: http://www.silverbearcafe.com/private/01.21/rally.html (http://www.silverbearcafe.com/private/01.21/rally.html)

His rational/reasoning is above my pay grade, but he seems to be coming to the same conclusion.

Wife has been stacking for years. Would like to know if I need to drag some out of the safe.

And now I have come across this:
https://kingworldnews.com/no-silver-liquidity-in-london-this-could-destabilize-all-gold-silver-contracts/ (https://kingworldnews.com/no-silver-liquidity-in-london-this-could-destabilize-all-gold-silver-contracts/)
With an end of the world, doom and gloom, complete with charts.

IIRC, Soros used the silver market to mess with several country's economies.
Title: Re: Silver
Post by: ExGeeEye on January 31, 2021, 06:16:40 AM
I only buy physical silver, in the form of pre-1964 US coins.

Not a lot, either.  Over a ten year period I've "amassed" about $2K worth according to today's unpumped spot price.

Not going to buy any artificially pumped-up silver.

But I'll be watching what happens out of mere curiosity.
Title: Re: Silver
Post by: Workover on January 31, 2021, 08:34:29 AM
Where is the old CU precious metals guy when you need him. He spoke about his vehicle looking like all the shocks were gone due to the weight packed around inside. He worked all night and dealt with physical gold and silver and some others during the day.