#silversqueeze

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SKULL said:
Personally I think $59 is the picket fence. $60 is the trench just behind it.

Numbers do play on human psychology. It's why they price an item at $1.99 & not $2 - because the 1's is the thing that registers in ur mind & the extra $0.01 makes it a $2 that registers.

So Silver has only ever had a 5 handle in front of the price. Once it has a 6 handle in front of it, the spell of $50 + is broken & everyone knows that $60 + is the new reality.

Example is the 4 minute mile. Was said ( by scientists/doctors ) that the human body couldn't break the sub 4 minute mile. The sub 4 minute mile was broken in May 1954 & yet it was broken again in June of 1954. Why ? because the 2'nd runner knew it could be broken - Belief.

So breaking $60 Silver could cause a run towards $70 & the big/major players know that & will do all they can to stop that happening.
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i think 59 is the line for now....since silver seems to climb in 5$ increments breaching 60$ implies a quick move to 65$ .......just a thought and opinion no science here LOL...... conversely a fight at 59$ can imply and facilitate a move down to ~55......also the 6 handle is just what you said
 
Yeah I learned all that in the grocery business. If you got an item gathering dust on the shelf all they have to do is dust off the shelf, put a sale sign in front of it, and then sit back and watch it sell. Grocery stores operate on such slim margins there will never be really "cheap" items. And if you do find a few they are probably backed up on it, and/or, they are putting it on sale just to get people into the store because they know once your in you'll start buying other things. Thats how retail works ; They want to get you into the store and let you be an American with that CC out.

Another thing, and this made us laugh, is that most generic items are the exact same thing as the fancy ones. Your paying for the name on the box, in fact, its probably the same company who makes the fancy stuff making the generic using the very same ingredients.
 
SilverStacker said:
Yeah I learned all that in the grocery business. If you got an item gathering dust on the shelf all they have to do is dust off the shelf, put a sale sign in front of it, and then sit back and watch it sell. Grocery stores operate on such slim margins there will never be really "cheap" items. And if you do find a few they are probably backed up on it, and/or, they are putting it on sale just to get people into the store because they know once your in you'll start buying other things. Thats how retail works ; They want to get you into the store and let you be an American with that CC out.

Another thing, and this made us laugh, is that most generic items are the exact same thing as the fancy ones. Your paying for the name on the box, in fact, its probably the same company who makes the fancy stuff making the generic using the very same ingredients.
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Sam Walton was a master at "lost leaders" to get people into the store for that cheap item. But then he'd have the same product with more features for more money., and then the same product again with even more features for even more money, etc. Customers usually ended up buying the more expensive ones.
 
SilverStacker said:
Yeah I learned all that in the grocery business. If you got an item gathering dust on the shelf all they have to do is dust off the shelf, put a sale sign in front of it, and then sit back and watch it sell. Grocery stores operate on such slim margins there will never be really "cheap" items. And if you do find a few they are probably backed up on it, and/or, they are putting it on sale just to get people into the store because they know once your in you'll start buying other things. Thats how retail works ; They want to get you into the store and let you be an American with that CC out.

Another thing, and this made us laugh, is that most generic items are the exact same thing as the fancy ones. Your paying for the name on the box, in fact, its probably the same company who makes the fancy stuff making the generic using the very same ingredients.
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:iagree: a lot of the time it's the same Brand Name company & same ingredients that is sold as a " Generic "

I had a small Biz a while ago & occasionally did some work for food production factories.

1 of the Supervisors at a production plant explained how the No Name/Home Brand works. They get a production order for X amount from a Name Brand. That X amount runs for 2 full weeks & then finishes production on a Tuesday, but production line clean is a Saturday/Sunday schedule.

So for efficiency they run the production till the last shift Friday. What do the do with all the production from Tuesday to Friday finish ? They just package it into No Name/Home Brand packaging. It's not that they make less profit on the No Name/Home Brand, it's that they make EXTRA Profit on the Branded Products.

My Pantry if full of No Name/Home Brand products that save me A LOT of money 😁 & yes I do buy some branded products because the equivalent No Name/Home Brand product is imported crap, not run off local quality production.

Just takes a little attention to details on the packaging & u can soon work out what is normal quality No Name/Home Brand a opposed to crap imported No Name/Home Brand.

Never buy ANY foodstuff that's imported from CHINA 🤮

:cool:
 
Little Bit of Chart wonderings....

The EFP Silver ratio spread. Look at the last time we spent 8-9 days above this 50 cent spread area. Indicating London delivery problems.

1765153713772.png

Then look at what Silver did right after that time frame.

1765154034449.png
 
I am taking more silver ETF profits. I plan on buying GDXU, SLVR & AGQ on dips.
 
I am planning to take a little off the table for expenses. One hundred ounces is rather light and two fifty is rather high. Either way, it won't make a big dent. Yeah, I try to keep my dollars "in the bank" at a low level. I can easily borrow, but I would rather sell and keep the books easy today rather than wonder how long the correction will take. Throw the dice! If you are not an insider, I don't think you can know the short term markets.
 
Expenses, have to be dealt with. We get it.

And you need a cushion - so you're not flailing at the worst-possible time. That's only prudent.

BUT...it seems the inflation is only stepping up. Probably Trump's technocrat handlers are doing a controlled-demolition of the dollar - to bring in the age of privatized CBDCs, so-named "Stablecoins."

So...while you stash it in the cookie jar, its buying-power is melting faster than ice cream.
 
Looks like they are still having delivery issues. And It's Gone. All Gone. OI rising in the front Dec month again. That's 5 million ounces still waiting to be delivered, with almost 1 million ounces bought yesterday.

1765295616512.png
 
SilverStacker said:
Yeah I learned all that in the grocery business. If you got an item gathering dust on the shelf all they have to do is dust off the shelf, put a sale sign in front of it, and then sit back and watch it sell. Grocery stores operate on such slim margins there will never be really "cheap" items. And if you do find a few they are probably backed up on it, and/or, they are putting it on sale just to get people into the store because they know once your in you'll start buying other things. Thats how retail works ; They want to get you into the store and let you be an American with that CC out.

Another thing, and this made us laugh, is that most generic items are the exact same thing as the fancy ones. Your paying for the name on the box, in fact, its probably the same company who makes the fancy stuff making the generic using the very same ingredients.
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When I was a teen, I worked at a Toys R Us store for a summer assembling bicycles. Back then, they were selling diapers at cost simply because they knew that once you walked in the store, you were going to buy more than just diapers.
 
CiscoKid said:
When I was a teen, I worked at a Toys R Us store for a summer assembling bicycles. Back then, they were selling diapers at cost simply because they knew that once you walked in the store, you were going to buy more than just diapers.
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Oh, yeah. That's universal in retail. The Walmart loss-leaders. The convenience stores, with cut-rate gasoline. Costco...they lose money on every hot dog. But you don't go into a Costco and then just get your frankfurter.
 
There is no deal on hookers in Vegas that's for sure.
 
Ttazzman said:
you need to get off the strip .........lol
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You can rate them, the off-strip girls, by bags.

One bag; or a double-bagger, or triple bags.

Actually, by the time they turn pro, most of them - not including the runaways - are already past their best days. And for obvious reasons, you want to avoid the kiddies.

Look for a novice or semi-pro. In terms of quality, you might have better luck at brothels in Pahrump. I don't know about the prices...

You can also look in the casinos. Not for pros; look for a place that might be hosting a convention. I came into a casino that had a teachers' convention (this, 33 years ago, before fat dykes filled up faculties) and I went in. A bar with video draw-poker. I bought a beer, played a few rounds, and it didn't take long to find a sweet mid-twenties primary-school teacher who just wanted some educating.

We all gotta find our own way.
 
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SKULL said:
MSM is getting into the PM's stories.
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pmbug said:
COMEX silver vault stock report claims JPM vault has 196,188,679.123 ozt (of which 100,171,112.2 belongs to SLV).

JPM holds 416,915,155.9 ozt in the LBMA on behalf of SLV. It is unknown how much of the remaining ~179M ozt LBMA free float is held by JPM.

Outside of SLV holdings, JPM holds anywhere from 96M to 275M ozt of silver (in the COMEX + LBMA at least).
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That is why China is buying straight from the miners to bypass the tribal traders.
 
Big slap down this afternoon. I wonder if COMEX will go nuclear and stop all bids to crash silver spot price?
 
I think it looks like the Crimex is almost having more trouble delivering Gold than Silver. Didn't think I'd see that but it indicates more of a Money problem as well as a physical delivery problems.

You can see Friday they only made 22 silver deliveries and OI increased a decent number...

1765658036304.png


But then have a look at Gold. Made over 200 deliveries but look at that OI number and Increase.

1765658102814.png
 
I know this is the SIlver thread but these Gold numbers are amazing... I think this means the riggers are pretty much out of money. There is no way you are out of physical Gold.

They made SIX deliveries and the OI grew big again. Now up to owing $600 million.
1765900553503.png
 
Voodoo said:
I know this is the SIlver thread but these Gold numbers are amazing... I think this means the riggers are pretty much out of money. There is no way you are out of physical Gold.

They made SIX deliveries and the OI grew big again. Now up to owing $600 million.
View attachment 17748
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I don't know how the riggers can be out of money.

They're governments, or affiliates (JPMC) of governments. Governments have unlimited ability to CTRL+P new cash. JPMC can go "borrow" at the Fed Discount Window, to go get moar. Like they have constantly done, for thirty years, with stawx.

I think it is something else afoot. I don't know what - all the apparent strategies, such as CBDCs, Grate Reset, Grate Taking, all involve a controlled demolition of non-CBDC currencies.
 
But the FED IS the short seller of last resort. They have nothing except a balance sheet... so even if they can create bonds what if no one accepts the bonds anymore? I know its getting weird.
 
Voodoo said:
But the FED IS the short seller of last resort. They have nothing except a balance sheet... so even if they can create bonds what if no one accepts the bonds anymore? I know its getting weird.
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I'm not a banker - I just hate them on the Web.

But my understanding is, the FED does NOT issue liabilities, other than FRNs. The Treasury issues bonds. The Fed is not only the backstop buyer - now it's virtually the only buyer.

They buy those bonds and then issue FRNs, "backed" by those bonds.

They can issue moar.

Private manipulator-banks, can, as I said, use the QE supply chain to gain balance-sheet cover to buy, and then dump, paper PMs.
 
And i don't even know the details of how that all works. My eyes roll back in my head.... lol

But regardless they Must have both an Asset and Liability ledger. Perhaps they just can't acquire the physical Gold and Silver. The East has cut off their supply and certainly now won't accept any paper for it.... So how do they acquire physical without them accepting their paper?
 
Voodoo said:
And i don't even know the details of how that all works. My eyes roll back in my head.... lol

But regardless they Must have both an Asset and Liability ledger. Perhaps they just can't acquire the physical Gold and Silver. The East has cut off their supply and certainly now won't accept any paper for it.... So how do they acquire physical without them accepting their paper?
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I don't believe the (not)Federal Reserve even HAS any physical.

Treasury has the metal - in their various repositories. Now, I've heard it asserted that the Fed owns the gold - but since it's in Fort Knox and other vaults, what the Fed owns is, essentially paper.

So they're in the center, maybe the biggest player, of the paper-gold market.
 
I mean really what the FED has is a giant balance sheet. And the ability at a whim to say they want to Expand said balance sheet. Which this just started doing again to the tune of $40 Billion a month because things were breaking.

But that caused Gold and Silver to rightly take off. Hence causing them (either directly or indirectly through the large banker shorts) more pain. So they are now between the Ultimate Rock and Hard Place.
 
If I owned AGQ i would take profits here. However, PMs will be higher in March. They are doing it to platinum right now. Buy it if you want it or you will not own it in the future. If you think gold is expensive now do not wait.
 

Tesla Solar Electrician SHOCKS Bullion Dealer & Coin Shop! SILVER MOONSHOT IN 3 MONTHS??​

In this video at Tesla Solar Electrician shocks me, my bullion dealer, and the entire coin shop with his stunning silver prediction and insight into silver supply. Customers are still lining up to buy silver--even at all-time record high silver spot prices! Watch as Tim Marschner of the Coin and Stamp Shop discusses what silver and gold his wholesaler is supplying and why refineries are STILL rejecting 90% silver (or "junk silver"). Bullion buyers have recently outnumbered sellers at Tim, but will the rising price of precious metals change that soon? Is a pullback in the spot price of precious metals likely soon, or as this Tesla employee believe, is $100 silver coming in just three months?! These are unprecedented times requiring us to stack precious metals. Protect yourself from out-of-control governments, evil central banks, and the failing US dollar's grip as the world's reserve currency. Make sure you build a stack of silver rounds, silver bars, silver coins,
 
My reply to a you tube channel yesterday during a live event. Silver right now at $65.89 after a wild night in the $66 range.

I look over every data point in the world and in the economy and I just can't see a single reason why silver wont take off even more. How far and how fast I don't know but it sure as heck isn't only $65 oz. This isn't wishful thinking ; This is simple analytic understanding of the evidence for and against. Simply put the future is silver and even whittling it down to its simplest form the law of supply and demand alone points to a big increase in value. But of course its far more convoluted then that with the metals importance interwoven with the forseeable future of advanced technology thats advancing at an exponential rate like a snowball rolling downhill, faster and faster while getting bigger and bigger. And in the middle of this snowball lies the one metal that conducts and stores power better then any other "among other uses" .And the supply chain for silver is so threatened I'd expect the efforts of science to find a suitable replacement more likely then I would the efforts to mine or recycle more. If in fact meeting demand is even possible in any event. The final linchpins for my analysis have been 1, America placing it on its critical minerals list. 2, China restricting, if not outright banning the exports of it. 3, The Billionaires and large Institutions buying by the millions of ounces and hoarding them. 4, No end in sight regarding supply and demand. 5, Reaching and holding new floors of prices outside of anyones control and continued expansion of the price of the metal. 5, Lastly, the renewed importance of silver in an entire generation of advanced technology like the solid state EV batterys that will transform the auto Industry.None of this is emotional or wishful thinking. Its obvious and logical analysis of real data. The only thing I can see that would stop this march forward would be a catastrophic economic collapse and even then precious metal would at least keep us in Mac and cheese.
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I'm gonna have to move this to the Gold thread but I think its THE most important data now in the sector. This is the Third Straight day the OI interest increased significantly in Gold. That's approx $250 MILLION dollars in immediate delivery just yesterday. At least they finally delivered over 600 but someone purchase 1,000+.

1766009891124.png
 
Back to a little Silver data and the slam yesterday. Taking a look at the numbers in Silver from Yesterday. First the volume and OI. So it took over 155,800 trades yesterday (780 million ounces trading hands).

1767113539996.png

But all they got was a measly 1,185 contracts reduced. And they still have 170 contracts to deliver today. OI in Dec contract went UP. Haha.

1767113636543.png
 
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