Comex silver inventory surges in 2018

When I started, I spent a lot of time doing research on supply silver and demand, the mines and countries producing silver. Now I don't bother, figures can be fake. On hindhight, the only thing we need to know is buy when it's cheap.
 
sgbuyer said:
When I started, I spent a lot of time doing research on supply silver and demand, the mines and countries producing silver. Now I don't bother, figures can be fake. On hindhight, the only thing we need to know is buy when it's cheap.
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its never easy, depends on the stocks available for sale as well
hence buying in the forum requires sellers to be selling the stuff you wants, else get from the LCS that have stocks that you want, otherwise need to swap them with other stackers later on
 
alor said:
its never easy, depends on the stocks available for sale as well
hence buying in the forum requires sellers to be selling the stuff you wants, else get from the LCS that have stocks that you want, otherwise need to swap them with other stackers later on
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Buy them while you can, once silver gets onto the blockchain and the investment world realises what is happening, we’ll never see sub-$17 prices anymore in our life time. As JG said, silver is $$$
 
Number 47 said:
Or as the old saying goes ... snooze and you'll loose
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I’ve been doing some research and thinking about it, it seems that $80 silver is guaranteed for this bull run (which started in 1999). But if crypto backed silver play takes off, it can even go up to $150 and higher. Question is whether there will be another plunge before the real takeoff. Unlike the 1970s period which has no shortage of silver, this bull run will occur when primary silver mine reserves are depleting towards the late 2020s. :eek:
 
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milled said:
fyi

anyone know why such a big change in the last few years?

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https://prd-wret.s3-us-west-2.amazo...ium/production/atoms/files/mcs-2019-silve.pdf
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That's a simple one, demand lower than supply, causing marketplace inventory increase.
The very reason that silvers avg price was $15.7 in 2018.
Comparison in nature:
in autumn, plenty supply, little demand. A good squirrel stacks then.
in winter, no supply, big demand. A good squirrel sells stack then.
No rocket science, but SilverDoctors & Co like to suggest that low stockpiles indicate shortage and higher price will come. Nope, low stockpiles ALREADY indicate a high price, and vice versa, high stockpiles ALREADY indicate a low price.
 
We know that central banks are buying up huge amounts of gold the past yers. Maybe other regular banks or prof. inverstors (like JP Morgan) are buiyng physical metals too and storing it at COMEX. Maybe they are hedging themselves for the Next recession, wich statistically should be right on our doorstep.
 
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