#silversqueeze

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SKULL said:
Voodoo said:
They are really fighting the $59 level and we popped out there for an hour or so.... I imagine they are in major pain now.
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Personally I think $59 is the picket fence. $60 is the trench just behind it.
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Its funny as hell looking back that this ^^^ ancient history that was being discussed,...... NOT EVEN A MONTH AGO.

I'm afraid we are in unchartered waters my friends, and I'm guessing we will be, going forward. Nothing seems to make sense right now. Personally I kinda like the idea of free floating with my orange survival boat and my life jacket firmly in place.....:LOL::cool:;)

 
I don't know. The free falls today aren't like the old free falls. Theres to much working against them. China wants control and power thru their own moves and thru BRICs, of course Industrial demand is at an all time high, theres quite a lot of consumer demand and Institutional demand, the dollar is shiite as is the rest of the fiats, national and International debt, and yada, yada, yada. You know all the rest.

There appears to be a built in safety net for silver right now that softens the blows and brings the prices right back up. Its headed right back up to $77 or $78 as we speak and it almost seems like were reaching a point where price doesn't matter, or doesn't matter that much, access only does.

In the end were buying and using more then were digging. I mean thats the bottom line ain't it ? It seems to be an exponential market where one thats patiently holding physical tightly just can't lose.
 
Well, I saw the smackdown get bought up like a tech stock. I think they were shaking the tree. According to everybody there is too much demand for physical to turn silver into a bear market right now. I think we get more smackdowns that get bought up after bulls got conditioned.
 
SilverStacker said:
I don't know. The free falls today aren't like the old free falls. Theres to much working against them. China wants control and power thru their own moves and thru BRICs, of course Industrial demand is at an all time high, theres quite a lot of consumer demand and Institutional demand, the dollar is shiite as is the rest of the fiats, national and International debt, and yada, yada, yada. You know all the rest.

There appears to be a built in safety net for silver right now that softens the blows and brings the prices right back up. Its headed right back up to $77 or $78 as we speak and it almost seems like were reaching a point where price doesn't matter, or doesn't matter that much, access only does.

In the end were buying and using more then were digging. I mean thats the bottom line ain't it ? It seems to be an exponential market where one thats patiently holding physical tightly just can't lose.
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I agree with u 100%. It's not " different " this time, as Silver will over shoot & then drop back. The " change " this time will be that the floor that Silver drops back to will be significantly higher than $50 given the increased demand.

The change is a just a generally larger world that wants more stuff & a lot of that stuff contains Silver. The other factor is that production of Silver will not catch up to demand in the short to medium term. When it takes 10 to 15 YEARS to bring on new supply from mines & no new significant mine supply in the pipeline, there will be ongoing deficits.

" There's not a shortage of Silver, only a shortage of Silver at this price ", is a brilliant quote. I would think there are stashes of Silver in the Billions of ounces. It just needs the right price to incentivize people to bring that Silver into the market place.

We do indeed live in interesting times 😎
 
I don't think it'll fall to that level, either.

Because King Dollar itself is becoming Pawn Dollar. It's in free-fall debasement.

The $200 price ahead for silver, is the same as a $20 price of 1985.

No, Silver wasn't $20 back then - it was around $8. But we weren't frantically debasing our currency, back then. ZIRP and QE would have been rejected as insanity. Correctly.

Now, the dollar is doomed.
 
I have no idea of the Validity - Possible, but maybe just a beat up ?



Still not high enough for me to sell :cool:
 
It's hard to compare, with an economy that's closed to free exchanges - both silver, the material itself, and dollar exchanges.

Remember, when we hear of "The Chinese" buying silver (gold, mercury, whatever) it's not Hoy Choi YinYang buying it. It's the GOVERNMENT - in the form of the People's Bank of China, or the People's Liberation Army, or whatever shell-facade corporation the move is hiding behind this week.
 
Casey Jones said:
It's hard to compare, with an economy that's closed to free exchanges - both silver, the material itself, and dollar exchanges.

Remember, when we hear of "The Chinese" buying silver (gold, mercury, whatever) it's not Hoy Choi YinYang buying it. It's the GOVERNMENT - in the form of the People's Bank of China, or the People's Liberation Army, or whatever shell-facade corporation the move is hiding behind this week.
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I don't believe ( 100% ) anything reported out of China.

Especially reported by the Government.

:unsure:
 
I do believe this guy though, the CEO of Kuya just did another interview.

He claims that at least 2 Chinese firms and now 1 Indian company have contacted them looking for Silver direct. OFFERING a ~$10 premium to current paper prices.

 
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