we have seen recently with skyrocketing lease rates and prices for actual silver at a steep discount to paper silver.
Skyrocketing lease rates were the result of spot silver prices being higher, not at a discount to paper silver. Silver has been in backwardation for the past 10 days and has only equilibrated today.
.it was the apathy that makes bottoms
It was someone shorting SLV that made this one. Actual deliveries are starting to spike - triple the previous high deliveries on Comex in a non-delivery month. That's not apathy.
Q: Are You Printing Money? Bernanke: Not Literally
@jmski52 said: we have seen recently with skyrocketing lease rates and prices for actual silver at a steep discount to paper silver.
Skyrocketing lease rates were the result of spot silver prices being higher, not at a discount to paper silver. Silver has been in backwardation for the past 10 days and has only equilibrated today.
.it was the apathy that makes bottoms
It was someone shorting SLV that made this one. Actual deliveries are starting to spike - triple the previous high deliveries on Comex in a non-delivery month. That's not apathy.
Ummm...this thread was about the price of gold in 2017. Pay attention.
Ummm...this thread was about the price of gold in 2017. Pay attention.
You never miss a chance to conjure up an insult, do you?
For the record, Goldfinger reconstituted this thread, and I was responding to his new comment which was about silver.
I then responded to your comment, which was right before his. My comment was about market apathy not being the cause of the market making bottoms today, and not about gold in 2017.
This is 2025, why would you care about gold making a bottom in 2017? Such BS.
Q: Are You Printing Money? Bernanke: Not Literally
Comments
It's only natural that premiums go down as profit goes up.
Does being a fiancial whiz with dollars make one an expert with gold?
we have seen recently with skyrocketing lease rates and prices for actual silver at a steep discount to paper silver.
Skyrocketing lease rates were the result of spot silver prices being higher, not at a discount to paper silver. Silver has been in backwardation for the past 10 days and has only equilibrated today.
.it was the apathy that makes bottoms
It was someone shorting SLV that made this one. Actual deliveries are starting to spike - triple the previous high deliveries on Comex in a non-delivery month. That's not apathy.
I knew it would happen.
Ummm...this thread was about the price of gold in 2017. Pay attention.
Knowledge is the enemy of fear
Ummm...this thread was about the price of gold in 2017. Pay attention.
You never miss a chance to conjure up an insult, do you?
For the record, Goldfinger reconstituted this thread, and I was responding to his new comment which was about silver.
I then responded to your comment, which was right before his. My comment was about market apathy not being the cause of the market making bottoms today, and not about gold in 2017.
This is 2025, why would you care about gold making a bottom in 2017? Such BS.
I knew it would happen.