$21 Silver?

derryb · July 20, 2020 8:30PM

jmski52 · July 20, 2020 8:54PM

$20.70 on the futures exchange as I type this.

taxmad · July 20, 2020 8:54PM

€1.35 Trillion stimulus plan passed by the EU. Helps explain the spike

DeutscherGeist · July 20, 2020 9:53PM

Wow! Silver is really making a move.

derryb · July 20, 2020 10:24PM

GSR indicated this was coming. In a rising gold market silver had to rise faster. Pullback (buying opportunity) likely before $25.

Timbuk3 · July 21, 2020 1:57AM

Looks like right around the corner !!! 👍

Jimnight · July 21, 2020 4:49AM

Right now it's moving at $20.68.

I'm looking for $50.00.

silverman68 · July 21, 2020 5:11AM

I do not trust anything as we have seen this before and then it all crashed down.

jclovescoins · July 21, 2020 5:13AM

Looks like 2010-2011 is starting again! I will sell at $45.00...not waiting for $50 lol

jmski52 · July 21, 2020 5:16AM

$20.89 spot price on Kitco.

derryb · July 21, 2020 5:20AM

@silverman68 said:
I do not trust anything as we have seen this before and then it all crashed down.

bullion futures manipulators under DOJ investigation, they will be a wee bit reluctant.

Smudge · July 21, 2020 6:00AM

Over 21.

carew4me · July 21, 2020 6:25AM

"And he's peelin off those dollar bills
Slappin them down
One hundred
Two hundred
And i can see those fighter planes
i can see those fighter planes"

ricko · July 21, 2020 6:44AM

Fasten your seat belts.... This is getting interesting... Trouble is, the underlying issues are not comforting. Cheers, RickO

OPA · July 21, 2020 7:13AM

@ricko said:
Fasten your seat belts.... This is getting interesting... Trouble is, the underlying issues are not comforting. Cheers, RickO

Agree....lets see if the price of $21 holds.

TwoSides2aCoin · July 21, 2020 8:03AM

Yes. Obviously.

LukeMarshall · July 21, 2020 9:44AM

$21

Smudge · July 21, 2020 10:11AM

GSR about 87/1. If this continues I may trade some silver for gold, again.

Jimnight · July 21, 2020 10:15AM

$21.22

derryb · July 21, 2020 10:35AM

I suspect what is happening is that since DOJ is actively pursuing PM manipulation on the COMEX (where the CFTC has failed to do its job) and is handing down indictments on traders from different bullion banks, the remainder of traders are wee bit reluctant, at the moment, to spoof short trades to bring the price down. We will know soon enough. I would not be surprised to see DOJ told to back off; prosecutors do not run the country, bankers do.

Hands in the cookie jar at Merrill Lynch.

Hands in the cookie jar at BOA.

Hands in the cookie jar, one trader at two unidentified banks.

And lets not forget the biggest hands in the cookie jar.

But we all know, because Cohodk told us so, there is no price manipulation in the metals futures markets. LOL

Jimnight · July 21, 2020 10:35AM

$21.26. Up $1. 33.

DNADave · July 21, 2020 11:29AM

@jclovescoins said:
Looks like 2010-2011 is starting again! I will sell at $45.00...not waiting for $50 lol

That's where I sold then...paid for my house !

Last week I scheduled an appointment for this week (tomorrow) to look at buying a over $150 face in silver. I'll keep my word but this could hurt. I'll buy as low as I can and flip quickly on this lot.

johnny9434 · July 21, 2020 11:35AM

we shall see

RedneckHB · July 21, 2020 12:16PM

@derryb said:
I suspect what is happening is that since DOJ is actively pursuing PM manipulation on the COMEX (where the CFTC has failed to do its job) and is handing down indictments on traders from different bullion banks, the remainder of traders are wee bit reluctant, at the moment, to spoof short trades to bring the price down. We will know soon enough. I would not be surprised to see DOJ told to back off; prosecutors do not run the country, bankers do.

Hands in the cookie jar at Merrill Lynch.

Hands in the cookie jar at BOA.

Hands in the cookie jar, one trader at two unidentified banks.

And lets not forget the biggest hands in the cookie jar.

Or maybe rge US dollar has rolled over hard in the last 2 months and global central banks have flooded their economies with $9 trillion.

Nah...couldnt be that simple, because usually the most complicated and ridiculous reason is most likely. Lol

derryb · July 21, 2020 12:18PM

you've suddenly become an expert on PM price manipulation?

Jimnight · July 21, 2020 1:53PM

$21.41 up $1.48 right now.

blitzdude · July 21, 2020 2:32PM

The manipulators have pumped us back to where we were 6 years ago. Keep it going, I may just get that Deere 8R 280 yet!

derryb · July 21, 2020 3:20PM

You'd be driving the Deere if you learned how to play the volatility and not just put the silver on the shelf along with your MRE's.

hchcoin · July 21, 2020 3:36PM

@blitzdude said:
The manipulators have pumped us back to where we were 6 years ago. Keep it going, I may just get that Deere 8R 280 yet!

That's a really nice tractor costing around 5,000 ounces or 10 monster boxes of silver for a used one isn't it?

My last big bullion sale was to buy a small tractor a year and a half ago. Wish I had waited but needed the tractor.

derryb · July 21, 2020 3:38PM

"come on snake eyes, baby needs new tractor."

"and his brother needs new boat."

blitzdude · July 21, 2020 3:46PM

@derryb said:
"come on snake eyes, baby needs new tractor."

"and his brother needs new boat."

And @derryb needs customers........er fresh unsuspecting suckers to buy all his overpriced eagles.

blitzdude · July 21, 2020 3:56PM

@blitzdude said:

@derryb said:
"come on snake eyes, baby needs new tractor."

"and his brother needs new boat."

And @derryb needs customers........er fresh unsuspecting suckers to buy all his overpriced eagles.

"Come on baby, pumper needs to sell more silver."

MsMorrisine · July 21, 2020 4:05PM

it's been manipulated to $22 now

derryb · July 21, 2020 4:07PM

it's been manipulated unmanipulated to $22 now

fixed it for ya

blitzdude · July 21, 2020 4:24PM

Manipulate it all the way to $100 but I'd be more than happy with a 1/3rd of that.

jmski52 · July 21, 2020 4:41PM

Manipulate it all the way to $100 but I'd be more than happy with a 1/3rd of that.

Last time I sold any substantial amount of silver was at $36. Last time I bought any silver in bulk (2017) was when I overpaid for a box of my favorite state's ATBs @ $20.93/oz.

I don't think it's going back to $10 - ever. Not with $trillions of "not-QE" coming down the pike.

RedneckHB · July 21, 2020 6:10PM

@derryb said:
"come on snake eyes, baby needs new tractor."

"and his brother needs new boat."

$23.......i can see the little fishies coming over the transom now.

derryb · July 22, 2020 9:48AM

@blitzdude said:

@derryb said:
"come on snake eyes, baby needs new tractor."

"and his brother needs new boat."

And @derryb needs customers........er fresh unsuspecting suckers to buy all his overpriced eagles.

Double dare ya to go over to the US coin forum and libel one of the dealers there. LOL

blitzdude · July 22, 2020 9:59AM

@derryb said:

@blitzdude said:

@derryb said:
"come on snake eyes, baby needs new tractor."

"and his brother needs new boat."

And @derryb needs customers........er fresh unsuspecting suckers to buy all his overpriced eagles.

Double dare ya to go over to the US coin forum and libel one of the dealers there. LOL

Why? They stick to the BST thread and leave the conspiracies out of it. Plus you already reported it. I received a warning, I dropped it and so should you. Thanks.

PS: getting ever closer to that new tractor.

streeter · July 22, 2020 11:45AM

Blitz.
I've been hanging around this site for close to 20 years. I've seen God only knows how many sellers on BST never finish the deal. Just take people's money and not ship.
So it really doesn't matter if someone's schtick is to buy 5bucks back & sell 5over. As long as the other party agrees & the deal is finished cleanly.
Derry finishes his deals. He is not shady. He seems to have a plan. He follows through.
You repeatedly troll him & swipe at him. Are you jealous of him or just want to vent that he uses the board aggressively to find transactions? Do you find it irritating that he does deals here? If he wasn't doing what he does, would you be doing it?

blitzdude · July 22, 2020 12:35PM

@streeter I never called the man shady just pointed out he has an agenda and uses conspiracy after conspiracy in order to promote that agenda. I hope he is able to sell 10 million ounces of silver if that's his plan more power to him. I just hope not a single new buyer will buy in based off a bunch of zerohedge/silver doctor the comex is imploding, the fed is collapsing, massive pandemic silver shortage, Jamie Dimon is hoarding all the worlds silver, the world is about to end doomsday articles. People can get stuck / lose a bunch of money etc. buying into these manipulators hype.

I have no desire to nickel and dime ounces of silver on this board, eBay or elsewhere. Much easier ways to earn a living. I have a stack of metal that has well surpassed all my goals and I have a clear exit plan of when, where and how I will unload it.

derryb · July 22, 2020 1:12PM

LOL. So my "agenda" is to scare people here into buying silver from me which I don't even sell on the forum? Hogwash. Not only have you continuously called me shady but have on many occasions called me dishonest. And now you dare call me a manipulator?

I do sell gold that I successfully covert to my silver stack, and I dare you to find one forum buyer who is the least unhappy with any aspect of his interaction with me. Any "conspiracy theory" news that I reference on this forum is for the benefit of those that want all views in order to make better informed decisions. Who are you and your fellow two amigos to dictate what knowledge they should have access to?

blitzdude · July 22, 2020 1:20PM

I never once called you any of the above. Who are you to call everyone that doesn't agree with your agenda a troll? Wake up man!

derryb · July 22, 2020 1:25PM

I love for you to disagree with me, just do it with some dignity. The quest for truth is my agenda.

streeter · July 22, 2020 1:34PM

All you guys seemed to have missed that the USMINT is out of silver. They blamed C-19. Hogwash. They are out.

MilesWaits · July 22, 2020 1:39PM

Very well said and bold:

@streeter said:
Blitz.
I've been hanging around this site for close to 20 years. I've seen God only knows how many sellers on BST never finish the deal. Just take people's money and not ship.
So it really doesn't matter if someone's schtick is to buy 5bucks back & sell 5over. As long as the other party agrees & the deal is finished cleanly.
Derry finishes his deals. He is not shady. He seems to have a plan. He follows through.
You repeatedly troll him & swipe at him. Are you jealous of him or just want to vent that he uses the board aggressively to find transactions? Do you find it irritating that he does deals here? If he wasn't doing what he does, would you be doing it?

Baley · July 22, 2020 1:44PM

Hey now, no reason to be grumpy during something that on average occurs only once or twice a generation! Metals are up! Peace and love to all and rejoice.

Make hay while the sun shines my friends.
Winter is coming..

MilesWaits · July 22, 2020 2:00PM

Exactly. Now is the time to rejoice and dance in your living room and avoid the pessimism.
This is a rare event and I am having fun and enjoying the ride just like the roller coaster.

derryb · July 23, 2020 6:23AM

@streeter said:
All you guys seemed to have missed that the USMINT is out of silver. They blamed C-19. Hogwash. They are out.

Ya gotta provide a source for this info that the three amigo supreme court deems reliable. Otherwise it's just another conspiracy theory. Please tell us you did not read it on ZH.

blitzdude · July 23, 2020 6:29AM

@streeter said:
All you guys seemed to have missed that the USMINT is out of silver. They blamed C-19. Hogwash. They are out.

Interesting I see plenty for sale on their website and it looks like they have cranked out another 623,500 eagles to the AP's so far this month. Out of silver? Looks like hogwash to me.

alexerca · July 23, 2020 7:16AM

This discussion is better than face book but , "Oh wait" I don't have a Facebook account! Hahahahaha!

$21 Silver?

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