Is ($30), I mean $40 the new floor for silver.................

meluaufeet · July 25, 2024 5:39PM

Silver went from Bullish to Neutral in my risk range.

jmski52 · July 25, 2024 8:00PM

Oh, whoops - the shortage is 250 million ounces, not a couple hundred thousand ounces. Makes a difference, eh?

RedneckHB · July 25, 2024 8:20PM

@jmski52 said:
Oh, whoops - the shortage is 250 million ounces, not a couple hundred thousand ounces. Makes a difference, eh?

That's better. For how many years has this magnitude of shortage existed.

The Silver Institute reports this number as well, so you disparaged their analysis earlier, do you support it now?

Soldi · July 25, 2024 8:36PM

NO

jmski52 · July 26, 2024 5:39AM

The Silver Institute reports this number as well, so you disparaged their analysis earlier, do you support it now?

Nothing has changed (other than the number that I incorrectly mentioned (off the top of my head.) I have no reason to think that Bix Weir’s comments about the Silver Institute’s under reporting of solar consumption are incorrect. He’s the one closely tracking the data and having first-hand interactions with the principals involved.

Do YOU have any other information, other than to disparage what I’ve reported?

jmski52 · July 26, 2024 5:52AM

There is a good current interview with Ed Steer (a partner of Ted Butler, who is now deceased) about the silver market on Liberty and Finance’s YouTube channel.

He gives an overview of the movements of silver bullion around the world’s exchanges, the bullion banks, the condition of the banking system, and the dwindling physical supplies of silver.

Anyone who has a legitimate interest in silver investment or speculation will find it interesting.

blitzdude · July 26, 2024 1:47PM

@jmski52 said:
There is a good current interview with Ed Steer (a partner of Ted Butler, who is now deceased) about the silver market on Liberty and Finance’s YouTube channel.

He gives an overview of the movements of silver bullion around the world’s exchanges, the bullion banks, the condition of the banking system, and the dwindling physical supplies of silver.

Anyone who has a legitimate interest in silver investment or speculation will find it interesting.

Dude these guys have been spewing the great gutter shortage lie for 30 years. They are gutter salesmen, nothing more. if 10% of what they claimed were true gutter would certainly be able to make it to and hold $30. LOL THKD!

jmski52 · July 26, 2024 5:15PM

Dude these guys have been spewing the great gutter shortage lie for 30 years. They are gutter salesmen, nothing more. if 10% of what they claimed were true gutter would certainly be able to make it to and hold $30. LOL THKD!

First, I sleep very well without the need to have my finger on a hair trigger trying to guess SLV’s next move.

The fact that I’m bringing these interviews to your attention is simply because I find them credible. Times have indeed changed, particularly in the worlds of finance and in precious metals.

Be advised.

vplite99 · July 28, 2024 1:56PM

This thread aged poorly.

TwoSides2aCoin · July 30, 2024 8:57AM

…

@vplite99 said:
This thread aged poorly.

Hopefully readers can decipher what is a pile of garbage and siphon out credibility.

TwoSides2aCoin · July 30, 2024 9:06AM

@cohodk said:

@jmski52 said:
Setting up at a show would be an experience.

It's a fantastic way for folk to see the real depth of the market (

@TwoSides2aCoin said:
Ten year.
20-25-30.

And it's going down. 29....28.....27.
It always does before it goes up . What's new ?

I don’t like to say I told you so, but I sold a lot in St Louis a couple weeks ago. Now I get to repeat myself again. Buy the dips and do flips.

blitzdude · July 30, 2024 1:34PM

@TwoSides2aCoin said:

@cohodk said:

@jmski52 said:
Setting up at a show would be an experience.

It's a fantastic way for folk to see the real depth of the market (

@TwoSides2aCoin said:
Ten year.
20-25-30.
And it's going down. 29....28.....27.
It always does before it goes up . What's new ?

I don’t like to say I told you so, but I sold a lot in St Louis a couple weeks ago. Now I get to repeat myself again. Buy the dips and do flips.

Click, click, click. Easy as pie. RGDS!

Soldi · July 30, 2024 5:07PM

NO

jmski52 · July 31, 2024 4:47AM

I sold a lot in St Louis a couple weeks ago.

I'd have looked for you if I knew you'd be there!

Goldminers · July 31, 2024 6:45AM

If you snooze, you lose.

handyman · July 31, 2024 8:23AM

It moved

handyman · August 5, 2024 9:06AM

Ouch

Soldi · August 9, 2024 12:35PM

No

TwoSides2aCoin · September 13, 2024 12:48PM

Maybe it’s the new basement.

VanHalen · September 13, 2024 3:07PM

We'll see $20 silver again.

DoubleEagle59 · September 13, 2024 4:03PM

@VanHalen said:
We'll see $20 silver again.

It could happen as the price is rigged IMO.

I also hope so as I'll be buying a boat load of the shiny stuff.

Clackamas1 · September 18, 2024 8:22PM

@VanHalen said:
We'll see $20 silver again.

But not $13.

DoubleEagle59 · September 7, 2025 2:54AM

Same question, different $$ amount.

jmski52 · September 7, 2025 4:30AM

Did it hit $20 last year?

blitzdude · September 7, 2025 4:53AM

@jmski52 said:
Did it hit $20 last year?

Not yet. It's currently being manipulated to the upside. THKS!

jmski52 · September 7, 2025 4:43PM

Not yet. It's currently being manipulated to the upside. THKS!

So, you think that silver is being manipulated? How do you think it is being manipulated?

GoldFinger1969 · September 8, 2025 9:29PM

@DoubleEagle59 said:
@VanHalen said:
We'll see $20 silver again.
It could happen as the price is rigged IMO.

Yes, it's rigged if it goes up....or down...or stays the same.

Similarly, MMQB's who never played the game know better than NFL coaches and QBs. Strangely, none of them seek those high-paying jobs.

jmski52 · September 9, 2025 4:40AM

I think that the fundamentals in silver supply are overwhelmingly positive for silver while the demand fundamentals are mixed, yielding a net positive from this point forward.

blitzdude · September 9, 2025 10:51AM

@GoldFinger1969 said:

@DoubleEagle59 said:
@VanHalen said:
We'll see $20 silver again.
It could happen as the price is rigged IMO.

Yes, it's rigged if it goes up....or down...or stays the same.

Similarly, MMQB's who never played the game know better than NFL coaches and QBs. Strangely, none of them seek those high-paying jobs.

It's brainwashed into a stackers DNA that everything related to metals is manipulated. If we didn't have the gutter metal the world would cease to exist. If it wasn't manipulated it would be $100K/ozT. lol. RGDS!

TwoSides2aCoin · September 9, 2025 4:03PM

@TwoSides2aCoin said:
‘Maybe it’s the new basement’ ….my post from a year ago was that $30 was the basement. Okay …. maybe $40 is , now.

blitzdude · September 9, 2025 4:30PM

@TwoSides2aCoin said:

@TwoSides2aCoin said:
‘Maybe it’s the new basement’ ….my post from a year ago was that $30 was the basement. Okay …. maybe $40 is , now.

Perhaps so, perhaps not. Thank god for the SLV, smartest gutter invention ever. Click and done both directions. No hernia or slipped disk, worst case, maybe a sore fingertip. RGDS!

dcarr · September 9, 2025 5:10PM

@blitzdude said:

@TwoSides2aCoin said:

@TwoSides2aCoin said:
‘Maybe it’s the new basement’ ….my post from a year ago was that $30 was the basement. Okay …. maybe $40 is , now.

Perhaps so, perhaps not. Thank god for the SLV, smartest gutter invention ever. Click and done both directions. No hernia or slipped disk, worst case, maybe a sore fingertip. RGDS!

.

SLV is not silver.

.

Is ($30), I mean $40 the new floor for silver.................

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