The industrial demand for silver fluctuations very little. When there is an increase in industrial demand it’s a gradual increase that’s not going to drive the price up 10% or 20% in a week. The major fluctuations in price are caused by investor demand. That can turn on a dime depending on investor sentiment from one day to the next. The same with gold but even more so given it’s far too expensive to be used in a lot of industrial applications.
The longer I live the more convincing proofs I see of this truth, that God governs in the affairs of men. And if a sparrow cannot fall to the ground without His notice is it possible for an empire to rise without His aid? Benjamin Franklin
Hang on, Silver is going to start a nice slow climb to new highs. This is a world market that we are part off. Manufacturing is going to ramp up, the need for silver will be increasing and people want their silver not on paper but in hand. On the outside the majors are smiling and saying silver is a dead metal with little upside we have more supply then demand butt on the inside they are scrambling to hold the price down. People all over the world that can legally hold physical silver are calling for the physical silver in hand. Forget about the paper silver how many people can own that one 100 ounce bar ? They want their bar....... Hang on the VIG IS UP !!!!!
As seen in the data from the silver institute, there is excess supply of 30-50 million ounces yearly. At current prices thats about $1 billion. Thats all. Just $1 billion keeps keeps demand below supply. Why cant the apes garner enough interest to increase demand by just a measly $1 billion?
To put into perspective, the last two Avengers movies garnered almost $5 billion. And doggiecoin, with a market capitalization of $28 billion is worth more than an entire year of silver production. This really illustrates the lack of interest in silver.
JPMorgan will pay $436.4 million in fines, $311.7 million in restitution and more than $172 million in disgorgement, the Commodity Futures Trading Commission (CFTC) said on Tuesday, the biggest-ever settlement imposed by the derivatives regulator.
:
Some of the trades were made on JPMorgan’s own account, while on occasions traders manipulated the market to facilitate trades by hedge fund clients, the CFTC said. The bank failed to identify, investigate, and stop the behavior, even after a new surveillance system flagged issues in 2014, the agency said.
Trading suitability and surveillance use to be be my role in compliance in a B/D for about a decade. I had to perform my oversight, figuratively "handcuffed". The business effectively dictated how I performed my job, so take that for what its worth. Dealing with the SEC proved they were absolutely incompetent, FINRA was marginally better, but has a much smaller bite. Fines are seen as the cost of doing business.
"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
@HiBucky said:
Hang on, Silver is going to start a nice slow climb to new highs. This is a world market that we are part off. Manufacturing is going to ramp up, the need for silver will be increasing and people want their silver not on paper but in hand. On the outside the majors are smiling and saying silver is a dead metal with little upside we have more supply then demand butt on the inside they are scrambling to hold the price down. People all over the world that can legally hold physical silver are calling for the physical silver in hand. Forget about the paper silver how many people can own that one 100 ounce bar ? They want their bar....... Hang on the VIG IS UP !!!!!
Keep on dreaming that "pipe dream." Eventually reality will kick in after sustaining a loss in value. Silver is just another commodity with up & down swings. Demand & Supply, along with speculation, will dictate it's movement. More narrow range trading is my guess for the foreseeable future. Take a profit if you have one.
"Bongo drive 1984 Lincoln that looks like old coin dug from ground."
There's no problem. Metals do what they do. Bend it, melt it, send electricity through it. Skyrocket it. Re-use. It has its value. How can it not be manipulated ? It is malleable. > @metalmeister said:
Imagine if Elon or Jeff tweeted out that they are buying $ilver. Boom!
Just sayin'
Trading in this stuff for decades. It's rather boring ( to bore or not to bore)
@TwoSides2aCoin said:
There's no problem. Metals do what they do. Bend it, melt it, send electricity through it. Skyrocket it. Re-use. It has its value. How can it not be manipulated ? It is malleable. > @metalmeister said:
Imagine if Elon or Jeff tweeted out that they are buying $ilver. Boom!
Just sayin'
Trading in this stuff for decades. It's rather boring ( to bore or not to bore)
I wrote and taught a basic course on metallurgy/metal properties to submarine maintenance machinists/apprentices at Kings Bay. It is amazing the number of "forces" and environments that a deep diving submarine is subject to and the seemingly endless metal products that have to be "cooked" up by its designers to withstand these harsh elements. The metallurgist is a truly a gourmet "chef' in his own way.
I am in no way a metals expert but was able to learn a lot about metal properties while researching and prepping the training materials with basic metals info.
"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
Comments
Stay out of the gutter. Rgds!
The whole worlds off its rocker, buy Gold™.
The industrial demand for silver fluctuations very little. When there is an increase in industrial demand it’s a gradual increase that’s not going to drive the price up 10% or 20% in a week. The major fluctuations in price are caused by investor demand. That can turn on a dime depending on investor sentiment from one day to the next. The same with gold but even more so given it’s far too expensive to be used in a lot of industrial applications.
Silver had a nice run right here a year ago... good times
Hang on, Silver is going to start a nice slow climb to new highs. This is a world market that we are part off. Manufacturing is going to ramp up, the need for silver will be increasing and people want their silver not on paper but in hand. On the outside the majors are smiling and saying silver is a dead metal with little upside we have more supply then demand butt on the inside they are scrambling to hold the price down. People all over the world that can legally hold physical silver are calling for the physical silver in hand. Forget about the paper silver how many people can own that one 100 ounce bar ? They want their bar....... Hang on the VIG IS UP !!!!!
As seen in the data from the silver institute, there is excess supply of 30-50 million ounces yearly. At current prices thats about $1 billion. Thats all. Just $1 billion keeps keeps demand below supply. Why cant the apes garner enough interest to increase demand by just a measly $1 billion?
To put into perspective, the last two Avengers movies garnered almost $5 billion. And doggiecoin, with a market capitalization of $28 billion is worth more than an entire year of silver production. This really illustrates the lack of interest in silver.
Knowledge is the enemy of fear
Trading suitability and surveillance use to be be my role in compliance in a B/D for about a decade. I had to perform my oversight, figuratively "handcuffed". The business effectively dictated how I performed my job, so take that for what its worth. Dealing with the SEC proved they were absolutely incompetent, FINRA was marginally better, but has a much smaller bite. Fines are seen as the cost of doing business.
Merrill Gold Trader's Chat Exposes "How Easy It Is" To Manipulate Metals Markets
"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
Keep on dreaming that "pipe dream." Eventually reality will kick in after sustaining a loss in value. Silver is just another commodity with up & down swings. Demand & Supply, along with speculation, will dictate it's movement. More narrow range trading is my guess for the foreseeable future. Take a profit if you have one.
Imagine if Elon or Jeff tweeted out that they are buying $ilver. Boom!
100% Positive BST transactions
There's no problem. Metals do what they do. Bend it, melt it, send electricity through it. Skyrocket it. Re-use. It has its value. How can it not be manipulated ? It is malleable. > @metalmeister said:
Just sayin'
Trading in this stuff for decades. It's rather boring ( to bore or not to bore)
I wrote and taught a basic course on metallurgy/metal properties to submarine maintenance machinists/apprentices at Kings Bay. It is amazing the number of "forces" and environments that a deep diving submarine is subject to and the seemingly endless metal products that have to be "cooked" up by its designers to withstand these harsh elements. The metallurgist is a truly a gourmet "chef' in his own way.
I am in no way a metals expert but was able to learn a lot about metal properties while researching and prepping the training materials with basic metals info.
"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
They wouldn't do that until AFTER they have bought what they want.