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  1. Pirocco

    $13 silver might be possible

    No, buy
  2. Pirocco

    $13 silver might be possible

    All mining has byproducts since no miner throws the other valuable elements in the ore back in the pit. It's always the same story repeating, at what turns out to have been the highest price peak, the talk is about further rising to highs never seen before, and at what turns out to have been the...
  3. Pirocco

    $13 silver might be possible

    Any definition of production cost was irrelevant to the silver price trend. One could compare it with black white brown or grey sheeps versus an elephant.
  4. Pirocco

    $13 silver might be possible

    The silver price trend of the last 30 years shows no correlation at all with mining. Since that price varied between $4 and $50, it only leaves stockpiling / destockpiling as single price determinator.
  5. Pirocco

    $13 silver might be possible

    14/08/2018 12376 $15.0350 Producer/Merchant/Processor/User Long 21250 Short 48121 SwapDealer Long 54283 Short 39788 ManagedMoney Long 66537 Short 88828 OtherReportables Long 26809 Short 7354 SmallTraders Long 33523 Short 18311 Total net position dropped to 12376 and price then was just above...
  6. Pirocco

    $13 silver might be possible

    Tomorrow COT report of futures market indicating how the forward component in the spot price has changed since the $15 > $14.5. If the total net position dropped from last reports 22K to 15K then basically nothing changed on the silver market. I've seen the pattern alot times since 2011's...
  7. Pirocco

    $13 silver might be possible

    That was btw the single stupidity-luck I had in feb/march 2011, I swapped my euro's to silver on a moment that the euro sat near a peak of 1.5 and implicitly (index formula) the dollar near the same historical low of 2008. The difference is 20%, so not that insignificant.
  8. Pirocco

    Silver is on the move???

    As said: If you swapped $10000 to silver in 1990 you could swap it back to $12683 in 1995 You made +27% in 5 years. Just 1 example. There are in that 14 years examples (peaks / bottoms instead of my averages) that are +80% If you show a very long timeframe (30 years), then things that appear...
  9. Pirocco

    $13 silver might be possible

    By the way, it's not the silver trading that made silver cheaper, it's trading of USD and other currencies, the other side of the equation. I bought 30 kilo during passed weeks, and the products I purchased still cost as much and more than what I paid. The only exception so far was yesterday...
  10. Pirocco

    $13 silver might be possible

    All those "different" banks lend eachother their depositors money but they wouldn't pass collateral information to eachother? I think they have discovered publicly what they did knew privately, due to an information leak or so. This isn't special either, multi booking of collateral is what all...
  11. Pirocco

    $13 silver might be possible

    Who drives a truck with 1000 kg silver 1000 times a day forth and back? Electronical representations can, but physical, maybe in Disney world. My point was that there are folks out there, that compare traded volumes with production figures, in order to suggest it's all fake / such product...
  12. Pirocco

    Silver is on the move???

    Annual average prices / what $10000 worth of silver in 1990 became 1990 $4.1 $10000 1995 $5.2 $12683 2005 $7.3 $17805 2008 $15 $36585 2011 $35 $85366 2012 $31.2 $76098 2013 $23.8 $58049 2014 $20.4 $49756 2015 $16 $39024 2016 $17 $41463 2018 $16.46 $40146 So you didn't have to wait 15 years...
  13. Pirocco

    Exclusive to silverstackers electron microscope images of white spot

    Now that's an approach I never thought about so far. The proneness of modern bullion coins, and some remarkable more relative to others, could indeed be related to the presence of other elements, like that Germanium, that blocks the "milk spot" chemical process. Elements that were more present...
  14. Pirocco

    Silver is on the move???

    That's what they said at double and quadruple todays prices too.
  15. Pirocco

    Biggest silver producer in the world is only 5th rank in terms of mine reserves???

    That as-byproduct production is 1 of the 2 big reasons I chosed silver. See, if production of those other metals drops, silver too. That, is an inflation-peg
  16. Pirocco

    Exclusive to silverstackers electron microscope images of white spot

    A decade silver coin production from dozens Mints, all with a contamination that over time renders coins to ugly scrap, and even no cause identified, let alone a solution. It's just ridiculous.
  17. Pirocco

    Silver is on the move???

    I knocked it up last week with my 30 kilo purchase. Since the horse and the 3 sheeps here were mowing grass instead of helping me out :(
  18. Pirocco

    Trade Wars

    You may have missed the submarine fleet under the aircraft carries and fregates. Central banks all over the world heftily increased the degree they cooperate with eachother. Central banks existence reason is to act against speculators, that may dump their currencies for other products including...
  19. Pirocco

    $13 silver might be possible

    And my owls seem to hang in "Processing" for the third day. My first kilocoins purchase was delivered the day after payment received. If that would have been the same for the 1ozzers, I'd have received them yesterday. I wonder, I ordered the total in 4 orders, everytime I bought the total avail...
  20. Pirocco

    Another 260,000 Contracts Dumped!

    It's just dealer stocks selling and dealers decreasing their hedge with it. You don't need a 200 tonnes hedge for a 100 tonnes stock, see? Nothing much changed, the futures market hedge (green trend below) is now the same as 1 year ago, and the gold price too.
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