Midnight to 6am - Overnight Spot Watchers Spot...

[Teh silvers]

This is crazy

 

[braz]

This is crazy

It is.
Am I the only one looking at copper bars because they can't afford silver anymore?

 

[Oddjob]

I watch "Hello dear friends.....my name is Clive Thompson", one cos he seems to have been around the finance block a few dozen times, and he's also not AI.

Interesting chart he's showing from the today's open in Shanghai...USD92 odd in Shanghai.

 

[Oddjob]

“Here be Monsters”.

 

[Azure]

I think that we are about to sail off the map and into the part of the chart that is blank except for a notation that’s reads “Here be Monsters”.

Aye.. they is not monsters, jus' old crok-rok grown his first set of wings...

Ive been searching the map at those "here be dragons" and "here be the cuban cigars" locations but alas, I has not seen him since the battle of burg 27 circa 2016.

If ya see him in the wild, yell, wave, and send him my regards..

He allways loved chasin' down the slow rats and death-rolling them under the ships bilgewater.

He shall be remembered.

 

[veryugly]

Fei Yen gives an insight what the real prices are like in China compare to Comex

 

[betterinvestmentthanshare]

Just heard
1979 silver was just under $7usd
One year later silver topped at $50usd
Approx 614% in 12 months
If it happens again that could take silver to approximately $250aud

 

[SolidSilver]

The Hunt brother wanted to invest heavily in silver back then. Market rules change cause the collapse of silver price then.

Hope they don't change the rule this time.

 

[braz]

Just heard
1979 silver was just under $7usd
One year later silver topped at $50usd
Approx 614% in 12 months
If it happens again that could take silver to approximately $250aud

There was a reason for that.
It's a hella different this time around.
Supply and demand.
Supply? No cash here Robbo...

 

[braz]

The Hunt brother wanted to invest heavily in silver back then. Market rules change cause the collapse of silver price then.

Hope they don't change the rule this time.

Interestingly the CME just increased their lease rates yet again, I think that's the 3rd time in 12 months?
They change the rules whenever they want.

 

[betterinvestmentthanshare]

There was a reason for that.
It's a hella different this time around.
Supply and demand.
Supply? No cash here Robbo...

Well Iran seems to be getting heated now.
Maybe a coincidence

 

[SolidSilver]

There was two times at end of December last year when CME change margin rate. When most are on their Xmas/newyear holiday. Margin rate is about twice that of when the Hunt brothers went all in silver iirc.

JPMorgan funds 8 billion USD smelter plant hours after US seizes Venezuela metal wealth.... nothing fishy.

 

[JohnnyBravo300]

If the Hunts made silver rise so much, what made gold go up?
No one was buying gold.

I dont think I believe that story. Just patsys.

 

[BlackSheep]

If the Hunts made silver rise so much, what made gold go up?
No one was buying gold.

I dont think I believe that story. Just patsys.

Platinum also.

 

[SolidSilver]

The

If the Hunts made silver rise so much, what made gold go up?
No one was buying gold.

I dont think I believe that story. Just patsys.

Gold and silver are viewed as sound money. They tend to affect one another. If you have a different view, please share your reasoning too.

Never to late to learn or adjust perception if it make more sense.