SouthCoastSilver
Active Member
I'm not trying to rain on your parade at all, but I am sincerely curious about what in particular you think will make silver boom and hit a new tier of pricing as opposed to doing what happened post GFC again
At what price are you selling?
- Thread starter SilverDJ
- Start date
The parades are few and only between boatloads of suffering. This will be carried mostly by stupidity and euphoria, my friend. For better or for worse I’m emotionally sensitive and it has made me a good trader. The metals are moving on fundamentals and emotion hasn’t even come into play yet (except maybe here on SS which is such a niche and 10 years in the making). With the world as depressed as it is right now. just wait until PM’s delivers the emotional ‘fix’. And I know what this probably sounds like to you but I also don’t really care.
I will say that a miracle covid vaccine would turn me bearish. Again, because the emotional focus will shift in that scenario.
I fully agree and have argued that the tight supply in primary silver mines will eventually cause a supply shock just like palladium. The virus exacerbated it with mine closures and social distancing measures. What we’ve seen with silver is more than just inflation.
people could forget their own eBay silver listing, 274437901681
sell for 300
due to mask, it has put me off from buying f2f
mines closure will cut all their supply for sure, included bandit silver, soil robbers (lack of target to rob)
Palladium supply from Russia is more like stored away, we see from BS they are selling Russian Pt in 5kg bars, so there is a supply there, which would slow the rise in Pt, and over supply situation does not help the price increase
a lot of small business closed down will never re-open again, all rentals down and bank profit went down 20% etc from recent reported results
Tik Tok users will most likely hit back at Trump, young people will get their pay back for sure, 80 millions users united Trump will go into hiding
sell for 300
due to mask, it has put me off from buying f2f
mines closure will cut all their supply for sure, included bandit silver, soil robbers (lack of target to rob)
Palladium supply from Russia is more like stored away, we see from BS they are selling Russian Pt in 5kg bars, so there is a supply there, which would slow the rise in Pt, and over supply situation does not help the price increase
a lot of small business closed down will never re-open again, all rentals down and bank profit went down 20% etc from recent reported results
Tik Tok users will most likely hit back at Trump, young people will get their pay back for sure, 80 millions users united
Trump will go into hiding
shinymetal
Well-Known Member
No Tik Tok kids are going to fight back much.
National security company owned by CCP.
National security company owned by CCP.
And as you have been told again and again primary silver mines account for a reletivly small amount of the silver production
the solution is easy for tik tok users, just vote against Trump, when he is not President next term, the users can have their Tik Tok back again
Lol at the 3 "Never" votes. 
You mean this? So far no one is taking it up. ebay charges GST also?
https://www.ebay.com.sg/itm/10-ounc...901681?hash=item3fe5c60d71:g:hS4AAOSwktNfG3jV
While a huge pull back now is certainly possible. Don't think this forum represents the herd. More than 99.9% of people don't even know silver is an investment. In fact, only 3 years ago, I didn't know the existence of silver bars. And I had been buying SLV and paper silver since 2007.
Probably about 5-10% of people are aware that gold prices has been rising. In comparison, more than 50% of people know that the stock price of Apple and Tesla is rising.
Pirocco
Well-Known Member
Covid effected nothing, the virus killed 1 and infected 27 out of every 11000 people on the planet.
With most of them elderly + suffering a range of medical problems.
It wasn't like the worldwars where young people lost their lives and thus disappeared from the working floors, thus hurting economy. In my country Belgium, the population is 11,500,000. The virus officially killed 10,000 of them, and some claim inofficial just 6,000. Due to humans average age, in Belgium every year 110,000-115,000 people die REGARDLESS death reason. The virus was thus responsible for like 10%, 1 due to corona, 9 due to other reasons.
This all to prove that governments sat behind 2020's financial markets story.
Governments caused the huge spike down and up.
Same trick as in 2008: scare speculators into decisions that make them loose a part of their savings.
In 2011 I bought at $32 and didn't sell at $50.
*** learning ***
In 2020 I didn't sell at $12 and sold at $28.
Good luck too. Hope you end up on the winning side. I hope everybody here.
Just that crap governments monetary manipulation reduced our speculation range to a game of musical chairs.
There is only so much left after governments passed, so when the music stops, some people have no free chair left.
With most of them elderly + suffering a range of medical problems.
It wasn't like the worldwars where young people lost their lives and thus disappeared from the working floors, thus hurting economy. In my country Belgium, the population is 11,500,000. The virus officially killed 10,000 of them, and some claim inofficial just 6,000. Due to humans average age, in Belgium every year 110,000-115,000 people die REGARDLESS death reason. The virus was thus responsible for like 10%, 1 due to corona, 9 due to other reasons.
This all to prove that governments sat behind 2020's financial markets story.
Governments caused the huge spike down and up.
Same trick as in 2008: scare speculators into decisions that make them loose a part of their savings.
In 2011 I bought at $32 and didn't sell at $50.
*** learning ***
In 2020 I didn't sell at $12 and sold at $28.
Good luck too. Hope you end up on the winning side. I hope everybody here.
Just that crap governments monetary manipulation reduced our speculation range to a game of musical chairs.
There is only so much left after governments passed, so when the music stops, some people have no free chair left.
Haha, now it's 4 votes for "never". Some humorous types on this forum 
Just for clarity's sake what is the chair you are talking about in this game of musical chairs?
Pirocco
Well-Known Member
In 2011 the Kitco forum did represent the herd.
During the $32 (I entered the silver world) and $50 I (as user "Lorian") warned on 3 occasions that that price trend had nothing at all but stupidity/misleading backing it up, and that even that $32 was a limit based on QE spending (which itself already turned out the be a scam). I was harrassed by like the entire forum but a few.
This forum could be different... now...?... in the past I've seen repeating stories as many times as larger silver price fluctuations.
Which % of people know about gold/silver/Apple/Tesla price changes, is not the data set on which my conclusions are based. Because those that are not present on silvers market, are irrelevant for its price trend. What I name "herd", is not all people, but the other people in the same store.
Pirocco
Well-Known Member
100 people sit on chairs.
The music starts.
They stand up to dance.
Government grabs 10 chairs.
The music stops.
They stop dancing and want to sit again.
10 do not find a chair.
Replace "chairs" with "dollars".
Pirocco
Well-Known Member
If you know their address give me a yell, I like silver for free.Haha, now it's 4 votes for "never". Some humorous types on this forum
But aren't there more dollars floating around and more inflation? If the chairs were dollars shouldn't there be more chairs?