Will Silver go over 16 tonight overseas ?????????????????
AcesCracked
Posts: 189 ✭✭
Any thoughts about this little run up??
0
AcesCracked
Posts: 189 ✭✭
Comments
Hope so.
Not enough question marks.
Liberty: Parent of Science & Industry
Yes. WTH
Attention getters...…...
nope
How great would it be if it went back to last years high??????????????????????????????????????????????????????????????????????
Knowledge is the enemy of fear
I don't mind the question marks
$15.99 ask.
16.02 At 10 15 CST
Once it triples it will make a new high, for a day or two.... then back to the cost to mine plus the cute gimmick artistic certificate velvet and wood premium
Liberty: Parent of Science & Industry
$16.00 ask at 4:45 EST.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
$15.91 at 7:10 a.m. Eastern Time.
Kind regards,
George
Jan 30 2019 8:22AM NY Time
Bid/Ask 15.86 15.96
Low/High 15.80 16.05
It did "crack" $16 for a short period of time.
That's the ceiling. It isn't going through the roof , or even in the attic any time soon, in my opinion and life's experience.
Get your kicks posting this type of comment on a PM forum? There must something you get out of it right?
Contrarian kicks is what he gets.
Once in a while, I get it right. $16.
markets like the FED today. We'll see what lies ahead.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
the Ask Price doesn't matter as much as the Bid Price.
Once it triples it will make a new high, for a day or two.... then back to the cost to mine
Not exactly the way that you to seem to think. First, it will spike and back off maybe 20%. Then it will seek it's new equilibrium. Then, depending on political and market conditions, and plus any attempts to control or manipulate the price - silver will become volatile and stay that way until one side or the other wins. Then, maybe 10 or 15 years later the cost to mine becomes relevant again, but by that time, the cost to mine will be considerably higher than now.
Wash, rinse, repeat.
plus the cute gimmick artistic certificate velvet and wood premium
On this point, I must agree. I just got a solicitation from MCM to buy $79.90 melt value of overpriced foreign silver for the mere sum of $433.80. I wrote them back an epic reply, explaining to them exactly what I thought of their once in a lifetime offer.
I knew it would happen.
FED mentioned a "patient policy." Something tells me they were speaking in medical terms.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
will silver stay over 16 overnight?
I see a close Friday at 16.25...…..
maybe ... maybe not.
Happy to state I was wrong.
The new floor. Going up ?
Will come down when China trade deal is reached.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
The question is will panic buying set in today or wait until the inflation numbers come out...
Why would there be any "panic buying" under your scenarios? Inflation is a way of life and has been with us since time began.
Why?
Knowledge is the enemy of fear
The debt is about to be whittled away through inflation. The signs aren't there because the markets are manipulated and micromanaged. They are choreographed and scripted. But their little shenanigans don't work on mommy nature and inflation is a consequence of the manipulations.
The buying panic will set in as various entities realize they are headed for bankruptcy if the price of silver continues higher.
as various entities realize they are headed for bankruptcy if the price of silver continues higher
Which entities might those be?
Knowledge is the enemy of fear
because market confidence will return to DEFCON 5
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Gold bounced off $1300 a few times before finally drifting higher. Silver might stay above $16.
Ooo. Ooo! 16.02 now, awesome!
Now 16.04, c'mon silver! So excited!
Liberty: Parent of Science & Industry
I cant imagine how excited you will be when it gets to its 15 yr average price of 17.72.
Knowledge is the enemy of fear
VERY!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Liberty: Parent of Science & Industry
Big banks, big finance, big government, and everyone selling silver they don't own.
There are banks that charge people to store their silver for them but actually sold other peoples' property to sell short instead. Some will need to buy silver to stay out of prison.
Meanwhile silver users will see most of the world silver supply do a reverse Midas touch and turn into paper. They can go belly up as well without a silver supply.
Oh. Ok.
Knowledge is the enemy of fear
Will it stay at above $16 for more than 2 days?
a little humor yes, but let's not make so much fun the OP feels insulted.
ok, now that opens the door for me.
you mean overnight? I can't wait until tomorrow!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
what silver users? jewelry, sterling, and as poor man's gold, but we have plenty to go around.
what other silver users are there?
yeah. I've been wondering if the gold chase is back on due to the market selloff reasons. economic uncertainty is one of them.
if gold seems to be working in some way, there will be those who chase the ride.
Will come down when China trade deal is reached.
I would think that a larger trade volume would support consumption and higher prices.
as poor man's gold, but we have plenty to go around.
what other silver users are there?
Electronics. Solar.
And, many cultures, including ours - still link silver to "money".
I knew it would happen.
Short lived $16 mark. What is the next level? $15.50 or back up to $16.
My guess: $15.50
it could stay between $15.75 and $15.95 for years. I can't tell if it's in the basement or it's through the roof.
My guess is it's time for another monster box of silver American eagles dated 2019.
Broke below $15.50 this AM. Next move?
??????????????????????????????????????
Liberty: Parent of Science & Industry
My YouTube Channel
$15 first or 16 again?
I don't have a guess
$15.75 first
$15.75?
!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Liberty: Parent of Science & Industry
Watching the day to day metals market, is as exciting as getting a colonoscopy. As a stacker, I am more interested in 5 years down the road. I like buying in a he 14-16 range.