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  1. Pirocco

    Current silver price is the average silver price of 2008

    Place it in the context: A silver price movement of $15 to $17 is +13%. A cheese price increase of $1.99 to $2.09 is +5%. A deposit intrest rate of 2% is required for 6 years to compensate for the former, and for 2.5 years for the latter. The reason for the latter is that people drop spending on...
  2. Pirocco

    Specific Date of Collapse nominated

    Haha it's monday and their vacation is over.
  3. Pirocco

    Pump and dump - good for dealers or no?

    The "paper" market is the hedge of some entities (silver producers/resellers-dealers) on the physical market, against other entities (stacker-speculators) on the physical market. So describing the "paper" market as if it's a story on its own aside the physical market, is not reality. Futures...
  4. Pirocco

    Buying 'Random Date Silver Coins'?

    I would assume that "stock images" are only used for new products, state = state like they come from mints. How this dealer stores/treats them, just comes on top of how the previous owners stores/treats them. The problem that I see is that you don't see what you buy. Not which coins and not...
  5. Pirocco

    $13 silver might be possible

    This is a example of a whale: $45.5 20 april 2011 "A Whale of a Wednesday............45+" $38 5 may 2011, 05:58 PM "A 5 minute call to my bullion dealer. A little friendly haggling over price, and the deal was done. Truck picked up my silver on Wed, funds wired to my account today. You need a...
  6. Pirocco

    Silver is on the move???

    Silver is on the move!!! $38 04 april 2011 "Great way to start the week......don't you think?" $39 05 april 2011 "39 ...One more step up the ladder" $40 07 april 2011 "Thursday..............Yet another up day" $41 13 april 2011 "Hump Day...........Up Day" $42 14 april 2011 "Killer...
  7. Pirocco

    Specific Date of Collapse nominated

    Collapse is not a day story. Monday the stock market downtrend until early 2020 will start. So if anyone has a Last Word to say, it is the moment.
  8. Pirocco

    I am starting to think my precious $13 silver is on the way

    I suddenly got an idea (should have ran away that moment but too late), drilling just the cone of the drill in every eye, to then glue a couple rhinestones in. Then the owl would have blinking eyes and according to Mint valuations suddenly worth 10 times more.
  9. Pirocco

    $13 silver might be possible

    And a couple months after, the digital currencies value halved. Then doubled. Then halved again. Then quadrupled. Then halved. Then doubled. Then dropped to a quarter. And so on. Just like gold. Speculation re-allocates resources in time. The stockpiling / destockpiling dampens the price...
  10. Pirocco

    I am starting to think my precious $13 silver is on the way

    Was initially thinking to wait for $13, but those "athenian owls" today already appeared back in stock (the dealer has a wishlist and I had entered it there). Same price as before. And, the Comex hedge (total net position) dropped further till under 20000, so the chance is big that their...
  11. Pirocco

    $13 silver might be possible

    What I learnt is this: never rely on what is claimed, even if it seems to be supported by data they give. Because, they can make a selection, and you don't know what they left out. That's why I searched together a whole lot of data, about silver, gold and some other / currency markets. And I...
  12. Pirocco

    $13 silver might be possible

    I do that too, with my 10 kilo lunar of 2011. It's a rabbit not a cat tho.
  13. Pirocco

    Blasts From The Kitco Past. Oh please noooooo!

    These are posts from a number of members. Look at how 2 of them, despite claiming alot (historical) knowledge about pm markets, blindly believed that Zerohedge scam of QE1 having been $16000 billion instead of $1200 billion, quoting (WITHOUT giving an url) a GAO document audit of the Fed, that...
  14. Pirocco

    I am starting to think my precious $13 silver is on the way

    I found mining, and industrial demand, and recycling, as irrelevant to the price trend. More precisely: all non-stockpiling demand summed up to a net zero, so undid eachother, leaving only stockpiling (what some name "investment) as single big price driver. Stocks are unlike metal hoarding...
  15. Pirocco

    Current silver price is the average silver price of 2008

    Bread 800 gr (supermarket): 0.72 euro Cheese, old, 300 gr: 1.99 euro. The prices today are still these. Things have been more expensive, for varying periods. For ex, I think 3 months ago, the cheese became 2.09 euro. But it only lasted 3 weeks. The bread never changed. I might be a bad...
  16. Pirocco

    Current silver price is the average silver price of 2008

    Nah, they saw an excuse to suspend their work, and grabbed it with all hands and feet. Then their boss came and put it an end on it.
  17. Pirocco

    Current silver price is the average silver price of 2008

    That's 10 years ago. In meantime, general prices didn't rise that much. My supermarket bread and cheese still costs what it costed then. The highest price in 2008 was $21, the lowest was $9. The highest price in 2018 so far was $17.50, the lowest so far $15.20. The 2018 peak so far sat $3.5...
  18. Pirocco

    USA devaluation question

    I agitate for a polical change to a zero. All politicians back to private sector jobs - again helping in the economy, having to please others to get pleased by others. End of State. No company anymore with legal privileges, including the one to force people to pay whatever for whatever...
  19. Pirocco

    USA devaluation question

    Yes and no. The currencies values are measured against eachother. Meaning one cannot become "stronger" without (the) other(s) becoming "weaker". They put limits on the exchange value variations (which are due to speculators they act against). An upper and a lower bound on the charts. When the...
  20. Pirocco

    USA devaluation question

    Yes, the whole of the media including and especially the pm dealers part of it talk about money creation. That the governments destroy money too (usually after holders lost it along speculation on frontrunned markets), is never talked about. Though about the Fed, I came to the conclusion of the...
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