Midnight to 6am - Overnight Spot Watchers Spot...

Palladium is near 50% discount from 3k to 1569
Platinum peak 1305, now 911 some way to go back to 600 or below, could be below Mar 2020 LOW, wow!
where is silver 20? or 15??
can gold go back to 1500? or lower???

may be no stocks, outofstocks, 3 weeks delivery or 6 months delivery...new long long wait again ?
 
Silver and gold have been beaten and bruised for years now. Whats that say?

"Buy the least loved assets when there is blood in the streets."
-every billionaire investor
 
It will be an interesting week with low activity until after the new year. We will have a good idea of the bottom going into 2022.
 
heartastack said:
At this point they have really made silver only attractive for the SHTF play. I see positives and negatives for that (positive - get more ounces, negative - opportunity cost).
Reddit's wallstreetsilver still pumps too much misinformation for my comfort.

e.g. "SILVER IS THE ONLY COMMODITY TRADING UNDER ITS 1980 HIGH!"

Unlike the other commodities at the time, the fkn market was cornered you morons....
Click to expand...

I really despise any mention or comparison to 1979-1980 in the attempt to sell the silver narrative. It's usually all rubbish, and more often then not, laced with deception. However, I think it was 66 rounds who posted an interesting article about the silver market being "cornered" at the time, talking specifically about the Hunt brothers and their influence on the price. It was refuting such claims that they cornered the silver market, underscoring the reality that Gold and Platinum also saw dramatic price increases at the same time. It also went on to suggest the undeniable fears of inflation were the drivers of such price increases across many metals.

Considering the world's newly acquainted fiat experiment was still in its infancy, it makes sense that the population would gravitate towards the very metals they once called "money".
 
STKR said:
I really despise any mention or comparison to 1979-1980 in the attempt to sell the silver narrative. It's usually all rubbish, and more often then not, laced with deception. However, I think it was 66 rounds who posted an interesting article about the silver market being "cornered" at the time, talking specifically about the Hunt brothers and their influence on the price. It was refuting such claims that they cornered the silver market, underscoring the reality that Gold and Platinum also saw dramatic price increases at the same time. It also went on to suggest the undeniable fears of inflation were the drivers of such price increases across many metals.

Considering the world's newly acquainted fiat experiment was still in its infancy, it makes sense that the population would gravitate towards the very metals they once called "money".
Click to expand...
https://sdbullion.com/1980-hunt-brothers-silver-bailout-scapegoating
 
I use the Kitco one but the Kitco app on the phone is the best, just 1 tap on the icon and it's all there in AUD or many other currencies.
 
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