well looks like what goes up QUICKLY explodes and comes back down very quickly AS PREDICTED
$28.00 Silver.
- Thread starter Shaddam IV
- Start date
were not getting 3 x rate cuts here
Anybody with a glancing interest in capital flows saw this coming, no real suprise.
Equities, Gold, Silver, Oil, ect... Down. Bonds up. Its the same old story, whenever SHTF. Our poor little monkey brains can't handle sudden change, so we collect all our bananas up, curl into the fetal position, and wait it out...
The real question is, where's the money going to flow , once the dust settles?
Last edited:
Sorry i should point out all important gold/silver ratio resistance
1:96-97 is big confirmation level that we peak or if we take out 97 and should trigger fast impulse to next 108 level & maximum 114-116 .
Interesting to see following Fibonacci & Elliott count nicely.
For now waiting for price action at 96-97 ... I be back to update
I can tell you where it wont go and that is into silver so pick literally anything else ( even dog turds) and you will do better
You seem to possess insights that few others do.
Is this opinion based upon extensive research of historical trends in capital flows, or your own bitterness?
research and observation over the last 5 years you could have thrown a dart at a dart board filled with stocks and still most likely had a far better outcome than buying silver
Absolutely.
But as my superannuation fund likes to say, while it loses all my money..... Past performance is not a reliable indicator of future performance
Edit : And FWIW, past trends would say that in financial SHTF scenarios, both gold and silver do well. But it's all guesswork at the moment.
Last edited:
we should... so the banks are paying US with interest on our homeloans
Perhaps the spot price is meaningless in these times. ???
We kept getting told that there is no supply issue with regard to raw stock but Perth's refinery is working 7 days a week
and can't meet demand.
Perth are buying back coins from overseas dealers and dribbling them into the market.
Bullion dealers in Australia aren't doing so well; they just can't get the coins and bars the market wants.
So spot is probably meaningless at the moment, it's now a game of who's got metal.
Basically, it's a shit-fight trying to buy. Allocations are very low, retail for the recent silver Emu is 20 coins per account.
Recent Pixiu, down to 20 and sold-out in a blink.
Koalas were there one moment and gone the next.
Supply is down, premiums up, spot is up and the market is starting to awaken to the realization that these are
times nothing like we saw in 2010, 11, 12.
We kept getting told that there is no supply issue with regard to raw stock but Perth's refinery is working 7 days a week
and can't meet demand.
Perth are buying back coins from overseas dealers and dribbling them into the market.
Bullion dealers in Australia aren't doing so well; they just can't get the coins and bars the market wants.
So spot is probably meaningless at the moment, it's now a game of who's got metal.
Basically, it's a shit-fight trying to buy. Allocations are very low, retail for the recent silver Emu is 20 coins per account.
Recent Pixiu, down to 20 and sold-out in a blink.
Koalas were there one moment and gone the next.
Supply is down, premiums up, spot is up and the market is starting to awaken to the realization that these are
times nothing like we saw in 2010, 11, 12.
Good points!
If it busts through $19.40USD..... It will be happy times. Fingers crossed 
And, as the AUD hangs like a drone at 0.6999, the batteries could run out at any time.
or
As we ride over the winter hump and gather the virus like a farmer pulling "farmers-friends" out of his
woolen pants, the US could see a nightmare unfold as they progress towards "fall" and winter.
Visions of "Beyond The North Side Of The Wall" emerge.
Uncertain times for all.
or
As we ride over the winter hump and gather the virus like a farmer pulling "farmers-friends" out of his
woolen pants, the US could see a nightmare unfold as they progress towards "fall" and winter.
Visions of "Beyond The North Side Of The Wall" emerge.
Uncertain times for all.
