Silver SMACKDOWN is coming, might hit $15 USD

Many bullion dealers are raising premiums. Junk silver's premium is approaching $3.8 over spot now. And JM Bullion's special promotion is valid only for a week. By the time silver ever reaches $15, the promotion might be gone and you will end up paying the same, even higher price for Elephant or Libertad.

And $3 over spot for Silver Elephant at any quantity and free shipping, IS ALWAYS a good deal. Why buy 90% junk at that ripoff premium?

ego2spare said:
leon1998 said:
Wait for the moment to pick up some rounds. :P

Hopefully there will be some special promotion on July 4th, from online bullion dealers :cool:
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leon1998 said:
JM Bullion is selling Silver Elephant at 2.99 above spot; Silver Libertad at 2.85 above spot.

ANY QUANTITY and FREE SHIPPING, Good deal :D
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you tell us to wait to buy because it will hit $15 real soon. and then 2 minutes later in the very next post say that $3 over spot is a good deal right now?.. put down the colloidal silver leon
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Lol leon, talk about silencing your critics. Damn I hate it when you're right tbh.
 
dingobiscuit said:
Bingo! Under 15usd! And very quickly. Explanations? Speculations?
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FED is expected to raise interest rate...which is not happening this month.
 
Still, there seems to be alot buying in the cash market, based on a Comex total net position bottom at 10000 (x 5000 ounces), the projected bottom price is $14.9, so again up from the previous $14.68 (see http://forums.silverstackers.com/topic-61153-13-silver-might-be-possible-page-9.html )
Meaning that todays USD price looks like the bottom of this cycle.

Still, from my euro side, a Maple Leaf costs now still 6% more than the previous time ($16 now $15 back then) I bought a chunk.
So I'm waiting it out. A next cycle perhaps.
 
Pirocco said:
...Still, from my euro side, a Maple Leaf costs now still 6% more than the previous time ($16 now $15 back then) I bought a chunk.
So I'm waiting it out. A next cycle perhaps.
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It's not helping us hear in Australia either with the AUD at six-year lows.

And our dollar is very likely to head allot lower. Our economy has been crippled for decades to come by the current government.
 
Pirocco said:
Still, there seems to be alot buying in the cash market, based on a Comex total net position bottom at 10000 (x 5000 ounces), the projected bottom price is $14.9, so again up from the previous $14.68 (see http://forums.silverstackers.com/topic-61153-13-silver-might-be-possible-page-9.html )
Meaning that todays USD price looks like the bottom of this cycle.

Still, from my euro side, a Maple Leaf costs now still 6% more than the previous time ($16 now $15 back then) I bought a chunk.
So I'm waiting it out. A next cycle perhaps.
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You would know if some would Pirocco, if I wanted to find out how many contacts took delivery in silver instead of cash last month and for this month when it's over, where would I look? I'm pretty sure this information is public, as is the the sick levels of the exchange, but I'm not sure where to find it.
 
SilverPete said:
Pirocco said:
...Still, from my euro side, a Maple Leaf costs now still 6% more than the previous time ($16 now $15 back then) I bought a chunk.
So I'm waiting it out. A next cycle perhaps.
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It's not helping us hear in Australia either with the AUD at six-year lows.

And our dollar is very likely to head allot lower. Our economy has been crippled for decades to come by the current government.
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A currencies value can change from both sides of the equation. At a same AU side, the US side can change from "better" to "worser", with the AUD higher as a "passive" result.
 
phrenzy said:
Pirocco said:
Still, there seems to be alot buying in the cash market, based on a Comex total net position bottom at 10000 (x 5000 ounces), the projected bottom price is $14.9, so again up from the previous $14.68 (see http://forums.silverstackers.com/topic-61153-13-silver-might-be-possible-page-9.html )
Meaning that todays USD price looks like the bottom of this cycle.

Still, from my euro side, a Maple Leaf costs now still 6% more than the previous time ($16 now $15 back then) I bought a chunk.
So I'm waiting it out. A next cycle perhaps.
Click to expand...

You would know if some would Pirocco, if I wanted to find out how many contacts took delivery in silver instead of cash last month and for this month when it's over, where would I look? I'm pretty sure this information is public, as is the the sick levels of the exchange, but I'm not sure where to find it.
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Day: http://www.cmegroup.com/delivery_reports/MetalsIssuesAndStopsReport.pdf
Month to date: http://www.cmegroup.com/delivery_reports/MetalsIssuesAndStopsMTDReport.pdf
Year to date: http://www.cmegroup.com/delivery_reports/MetalsIssuesAndStopsYTDReport.pdf
Compare the totals with the average total net position.
 
Pirocco said:
phrenzy said:
Pirocco said:
Still, there seems to be alot buying in the cash market, based on a Comex total net position bottom at 10000 (x 5000 ounces), the projected bottom price is $14.9, so again up from the previous $14.68 (see http://forums.silverstackers.com/topic-61153-13-silver-might-be-possible-page-9.html )
Meaning that todays USD price looks like the bottom of this cycle.

Still, from my euro side, a Maple Leaf costs now still 6% more than the previous time ($16 now $15 back then) I bought a chunk.
So I'm waiting it out. A next cycle perhaps.
Click to expand...

You would know if some would Pirocco, if I wanted to find out how many contacts took delivery in silver instead of cash last month and for this month when it's over, where would I look? I'm pretty sure this information is public, as is the the sick levels of the exchange, but I'm not sure where to find it.
Click to expand...
Day: http://www.cmegroup.com/delivery_reports/MetalsIssuesAndStopsReport.pdf
Month to date: http://www.cmegroup.com/delivery_reports/MetalsIssuesAndStopsMTDReport.pdf
Year to date: http://www.cmegroup.com/delivery_reports/MetalsIssuesAndStopsYTDReport.pdf
Compare the totals with the average total net position.
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JPMorgan looks ready for an upward move in metals.
......but what else is new? lol
 
-j-p-shmorgan said:
JPMorgan looks ready for an upward move in metals.
......but what else is new? lol
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JPMorgan acts in behalf of clients, its not the initiative-taking side.
 
I think we have seen the bottom, and a new cycle started.
Here (EU) on the news of the state media they seem to try to make viewers accept debt relief of Greeces State. They even compared the situation with a WW2 one, where Greece gave Germany finance-freebies.
Funny how they were completely silent about the 50% debt relief Greeces state already received a few years ago.
 
Agreed...I picked up 20 x 10oz of the 2015 Kooks today. I hope they don't mint 45,000 of these like they did for the 2012's.

-j-p-shmorgan said:
leon1998 said:
JM Bullion is selling Silver Elephant at 2.99 above spot; Silver Libertad at 2.85 above spot.

ANY QUANTITY and FREE SHIPPING, Good deal :D
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Would rather have 10 oz bars under $17/oz USD actual price...
Will buy more when I can pay under $16.50. :D
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