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

Discussion in 'Silver' started by Turk, Mar 31, 2011.

  1. JohnnyBravo300

    JohnnyBravo300 Well-Known Member Silver Stacker

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    Has gold formed a cup and handle on the hourly chart?
    If so did it just break out of the handle?
    Looks interesting and maybe just what it needs.
     
    adze67 likes this.
  2. Michael Kay

    Michael Kay Active Member

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    If you have Kit kat bars etc... the retail for one gram is looking pretty nice, but of course, not many are keen to part with their gold ATM. So if there is a fiat collapse, and reset with gold-based currencies could be implemented, but could a silver-based currency be established? Forgive my ignorance, but it is much more plentiful/less rare than gold, yeah?
     
  3. hardyakkagold

    hardyakkagold Well-Known Member Silver Stacker

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    No, Michael, the silver market is too small at around $30 - $40 billion value for that to happen, although if it was included in a basket of metals it could be done., or if it was revalued at thousands of dollars per ounce.

    With the silver market being so small that is the reason they have been able to manipulate it efficiently all these years.
     
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  4. Golden Stash

    Golden Stash Well-Known Member Silver Stacker

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    …and down it goes !!
     
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  5. sammysilver

    sammysilver Well-Known Member Silver Stacker

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    More a result of a rising AUD.
     
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  6. bubblebobble2

    bubblebobble2 Administrator Staff Member Silver Stacker

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    AUD=USD, here we come!
     
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  7. Oddjob

    Oddjob Well-Known Member Silver Stacker

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  8. Michael Kay

    Michael Kay Active Member

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    yep, fiat is doing real well... not
     
  9. JohnnyBravo300

    JohnnyBravo300 Well-Known Member Silver Stacker

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    This is much more exciting than using honest money.
    Think how boring that would be!
     
  10. JohnnyBravo300

    JohnnyBravo300 Well-Known Member Silver Stacker

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    Fiat is dishonest by default. Printing more just to pay interest is dishonest. Everything about it is dishonest and its by design.
    Mmt is just another ridiculous management vehicle and the same outcome.
     
    Last edited: May 6, 2023
  11. JohnnyBravo300

    JohnnyBravo300 Well-Known Member Silver Stacker

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    31 trillion debt not sinking in?
     
  12. heartastack

    heartastack Well-Known Member Silver Stacker

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    what do they say, something like it’s the cleanest shirt in the dirty basket. That number sounds huge relatively but compare that to wheelbarrows full of 100T dollar notes in Zimbabwe and there’s miles left in it
     
  13. JohnnyBravo300

    JohnnyBravo300 Well-Known Member Silver Stacker

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    My context might be fkd but understanding third grade math is enough for me. Ill survive whatever they want to try as much as i rail against it..
    I love seeing them flop on their faces and that alone is worth it.
     
  14. JohnnyBravo300

    JohnnyBravo300 Well-Known Member Silver Stacker

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    Is this multiple choice? No but context might matter in making choices for the future and math probably helps too.
    Yeah id say its all fkd. Of course you could know its fkd but for a good way or a bad way for context? Or fkd both ways maybe?

    Yeah both ways good and bad.
     
  15. heartastack

    heartastack Well-Known Member Silver Stacker

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    That's some stoner wisdom right there
     
  16. JohnnyBravo300

    JohnnyBravo300 Well-Known Member Silver Stacker

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    I typed that holding my breath. One for the homies.
     
  17. hardyakkagold

    hardyakkagold Well-Known Member Silver Stacker

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    Fellas and transgenderists, let's get this thread back on topic talking about the price of precious metals for goodness' sakes!
     
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  18. hardyakkagold

    hardyakkagold Well-Known Member Silver Stacker

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    Interesting chart showing the state of the US silver bullion market with the Silver Eagles @ 71% premium & junk silver @ 64%!

    Screenshot 2023-05-09 at 01-43-23 BullionMarket.info.png
     
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  19. JohnnyBravo300

    JohnnyBravo300 Well-Known Member Silver Stacker

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    Junk silver always goes crazy during price increases like now.
    I guess they arent making any more of the old awesome stuff!
     
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  20. hardyakkagold

    hardyakkagold Well-Known Member Silver Stacker

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    Ouch!

    The silver price smackdown tonight is brutal
    DOWN -1.170(-4.56%)
     
    Last edited: Oct 18, 2023
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