Silver is dropping right in front of my eyes

Discussion in 'Silver' started by Investing for kids, Jul 28, 2020.

  1. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    No government that has elections is going to say they want herd immunity and expect to win a re-election. So far, the only country that declares this openly is Sweden. For the case of the US, the Democrat states and cities are leading the way to herd immunity starting with NYC which probably has already achieved effective herd immunity.

    We're already going into August, there's only 4 months left to finish developing and testing the vaccines and not to mention to manufacture the one billion doses, the minimum the world needs. So it won't happen until at least the middle of next year. The US is not going and can't do the type of quarantine and social distancing that countries that could control the virus are doing - mandatory wearing of masks in public and workplaces, compulsory quarantine in hotels and quarantine facilities for travellers and compulsory detention in covid facilities for all infected people until they are fully cured.
     
  2. JohnnyBravo300

    JohnnyBravo300 Well-Known Member

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    Thays interesting cuz I figured they'd be pumping fear about it for years and the mask thing too. It's been such an easy control mechanism for them to keep everyone shaking in their boots.
    Or maybe they have something else planned.

    Were are probably close to herd immunity now after the time it's been around. It doesnt take long for a virus to spread throughout.
     
  3. SteelHand

    SteelHand Well-Known Member Silver Stacker

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    Might take you guys a while to build up herd immunity as according to the figures, 1.41% of the US population have been recorded as confirmed cases with roughly half of those cases showing as recovered
     
  4. JohnnyBravo300

    JohnnyBravo300 Well-Known Member

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    Probably most everyone has been exposed tho by now. It doesnt even affect most people and they never know their sick from what it seems. Or it's not as contagious as is said.
     
  5. JohnnyBravo300

    JohnnyBravo300 Well-Known Member

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    I called the va and they dont have any testing available and the local hospital here has antibody tests for $75.
    They didnt have an answer when i asked how accurate the test was and the admin never called me back with an answer. That would seem to me like they either dont know or it's not very accurate haha.
     
  6. Jason1

    Jason1 Well-Known Member

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    meh, now that baseball is back, and contiues for the season, thats about the extent of my care factor for covid and the us.
    If we go back into lock down because of victoria,
    Least i can spend it watching max muncy hitting dingers into the sea lol
     
  7. heartastack

    heartastack Well-Known Member Silver Stacker

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    FFS work is sucking so hard now anyone with a sniffle staying home for 7 days until the (now delayed because too many people getting tested) test results are back. A team of five managers down to two this week and customer pressure to get back to normal makes us busier than pre-covid. And the factory staff are even worse - everyone wants two weeks off plus all the gov benefits. It’s going to kill us.

    We’re all praying that it’s actually covid when someone is sick so they can stfu and have at least a few months immunity. This new normal will continue to destroy many lives, families and cause mental illness.
     
  8. ArgentumGent

    ArgentumGent New Member

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  9. Shlomo Goldberg

    Shlomo Goldberg Active Member

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    Depends on who is pulling the strings Johnny B. Economic pandemic spreading like the plague & nobody is pointing the finger at the banks this time.
    There is a new scapegoat for the greatest heist of all time & it can't be questioned or penalised-it's perfect. How many people do you know first hand that have died from CV? How many people do you know that are infected with the economic hardship pandemic? Cui Bono.
     
  10. wrcmad

    wrcmad Well-Known Member Silver Stacker

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    bucket.jpg
     
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  11. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    Herd immunity? It’s no wonder they need to shutdown the mints. Which part of the US are you located?
     
  12. heartastack

    heartastack Well-Known Member Silver Stacker

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    I'm in Boise Idaho, a current hot-spot with >500 cases a day currently with a sub 1M population being the only dense city in the state.

    The point is, everyone being sent home out of fear of spreading to factory floor workers means every cough and sniffle needs a covid test and the system is overwhelmed so 7 days later a negative test just means they could get covid next week and be out for 1 week (negative) or 2 weeks plus (positive test plus return to work symptom free policy). 3 workers so far have tested positive since the pandemic began, so we know it's close to home. About 10 tests have been done for suspected symptoms and at least two were convinced they had all symptoms but were negative but not symptom-free for weeks (regular cold/respiratory infection.. you know the kind everyone just came to work anyway kind of cold)..
    I don't think many people thought about how disruptive this is going to be - not lockdowns but managing cases and forcing isolation of essential workers and managers. It puts immense pressure on those still standing and moral is extremely low. I'm in the food industry so this will start to be a common issue especially if there are endless 'waves'.

    Anyway I've told me employers that I'll be throwing in the towel by early next year to come back to Aus. That's no pretty solution coming home jobless but life has been crushed here and I need some family/friend support.
     
    Last edited: Aug 1, 2020
  13. JohnnyBravo300

    JohnnyBravo300 Well-Known Member

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    Yes it is the perfect black swan as I've said since the beginning. The toilet paper hoarding sheeple are too busy watching porn and waiting on free checks to notice anything.

    I've known one that died of covid at 84 years old, same number as I know that have died of the flu during my life.
    Screenshot_2020-07-24-20-46-34.jpg

    I think this meme someone posted pretty much sums it up.
     
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  14. Millennial Engineer

    Millennial Engineer New Member

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    Those people will be the last into Silver/Precious metals probably FOMOing into it as well. Believing the government has the ability to keep everything fine, hence do what they say and not even acknowledging the underlying problems which are never addressed in mainstream

    On another note to me Silver seems to corrected earlier in the week and then is continuing on it steady path upwards compared to AUD and USD.
     
  15. Investing for kids

    Investing for kids Active Member

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    I'm breathing again, silver up significantly :D
    $36.30 :)
     
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  16. leo25

    leo25 Well-Known Member Silver Stacker

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    Paper contracts pushing up the price again! This manipulation must stop. :rolleyes:
     
  17. Jason1

    Jason1 Well-Known Member

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    if seeing silver being volatile is over whelming, time to move onto some thing else.
    Silver goes up, it goes down, it goes up, it goes down, it goes up again, and does that over and over and over and over again lol

    learn not to freakout about its volatility.
     
  18. Oddjob

    Oddjob Well-Known Member Silver Stacker

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  19. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    If your cost price is low, I don't see a problem. I played with my spreadsheet last night. At the March lows, my silver stack was 20% below cost if liquidated at spot. Now, it's 50% above spot less than 5 months later. Even if it goes back to my cost price in the next 2 weeks, I won't be surprised nor will I be shocked.

    I've to agree on moving to something else. Had been researching on Hotels and Resort reits past days. The pandemic scare got to end some day and the yield is over 10% if get in at the correct price.
     
  20. Investing for kids

    Investing for kids Active Member

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    Silver under $36, gold under $2700.
    Correction or a plummet down?
     

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