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Started By
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Posted on 2/1/21 at 10:13 am to rintintin
Trying to plan my next trade and would really like to hear some of the silver guru's opinions on price points if this does play out.
Let's say Silver does get to $50 or beyond. What kind of realistic timeline could we be looking at? Is this doable by the end of Summer if we break $30? Should we be looking longer term like 2022 or beyond?
Let's say Silver does get to $50 or beyond. What kind of realistic timeline could we be looking at? Is this doable by the end of Summer if we break $30? Should we be looking longer term like 2022 or beyond?
Posted on 2/1/21 at 10:18 am to rintintin
I think the answer to this will be what happens in the next 48 hours. If we get through this little bit of profit taking and people buy the dip then barring some form of a liquidity clearing event I say we hit 50 before summer.
Posted on 2/1/21 at 10:23 am to misterc
Does that apply to AG too, or will its momentum fade more quickly?
Posted on 2/1/21 at 10:34 am to High C
All equal AG (most any miner) should move faster up and faster down than underlying... Key things I'm looking at on the Silver trade:
Physical premiums and lead times- (Flashing buy signal)
Buying by the SLV and PSLV trusts (I expect large buying today which will report tonight)
Outside factors that would cause risk off events (exercise caution, use appropriate position sizing and risk management)
Physical premiums and lead times- (Flashing buy signal)
Buying by the SLV and PSLV trusts (I expect large buying today which will report tonight)
Outside factors that would cause risk off events (exercise caution, use appropriate position sizing and risk management)
Posted on 2/1/21 at 10:57 am to misterc
The beauty of the silver squeeze is that the physical market is completely empty, the prices will continue to go up as long as people keep demanding physical delivery. With the current economy/monetary policy and with this movement I think a lot of people have woken up and are going to continue to clear out the market whenever they can find it. I know I’ll keep buying my 5 oz round every 2 weeks until I can’t anymore and I’ll be holding PSLV AG CDE HL as well.
Posted on 2/1/21 at 11:07 am to FredsGotSlacks
APMex is pushing physical orders out further and further.
Think there is something to this from a market supply issue standpoint.
Think there is something to this from a market supply issue standpoint.
Posted on 2/1/21 at 11:10 am to TDTOM
Dude, go ahead and sell for a loss if that's the way you see it
I put in overnight last week to buy at market open next day
It let me buy at highest price, then stopped trading
Today, I'm making money and holding tight
Just chill

I put in overnight last week to buy at market open next day
It let me buy at highest price, then stopped trading
Today, I'm making money and holding tight
Just chill
Posted on 2/1/21 at 11:33 am to wahoocs
Silver coins are selling for over $45 on Ebay. It is a good buy IMO.
Posted on 2/1/21 at 11:41 am to TDTOM
quote:
can't believe I let you monkeys talk me into buying AG.
It was under $14 when this thread was made
Posted on 2/1/21 at 12:01 pm to BobRoss
quote:
I'm buying puts on GME out of spite
I tried selling them but tda wouldn't let me.
Posted on 2/1/21 at 2:00 pm to misterc
Started buying in 2009. Bought as low as 8/oz
Buy over 1000 each purchase so it’s tax free and considered an investment
I’d recommend buying several lbs of junk silver coinage in case SHTF
Buy over 1000 each purchase so it’s tax free and considered an investment
I’d recommend buying several lbs of junk silver coinage in case SHTF
Posted on 2/1/21 at 2:02 pm to eScott
I'm actually not buying puts. But I am so annoyed with WSB GME bagholders I want to.
Posted on 2/1/21 at 6:47 pm to BobRoss
$SLV is now 16% short and rising.
If you're wondering how all of that new volume didn't translate to new highs, well now you know.
LINK
quote:
Date Volume Total Volume Short%
2021-0201 38,912,519 241,943,502 16.08
2021-0129 13,402,058 113,429,900 11.82
2021-0128 19,250,694 152,066,890 12.66
2021-0127 2,196,475 36,774,382 5.97
If you're wondering how all of that new volume didn't translate to new highs, well now you know.
LINK
Posted on 2/1/21 at 8:17 pm to NYNolaguy1
Keep the pressure on these fools.
Posted on 2/1/21 at 8:56 pm to rintintin
quote:if it dips I just buy more. The spot price isn’t anywhere close to retail, the COMEX is a joke and this right here should open up some eyes on what we are up against with regards to price fixing/suppression.
Keep the pressure on these fools.
Posted on 2/1/21 at 9:01 pm to FredsGotSlacks
R/wallstreetsilver is catching on since it’s not gme.
Posted on 2/1/21 at 9:12 pm to FredsGotSlacks
Try to tune out the noise and look at key data:
SLV NAV went up 7.91% today
Premiums on Bullion 1-2 months out are 4-7x what normal premiums should be, (Future price typically closes this gap over time)
Comex inventory went down 1.5 percent today
We're seeing a little profit taking right now, which I expected. We may see another quick push to 30 in the next day, I feel this dip gets bought.....
SLV NAV went up 7.91% today
Premiums on Bullion 1-2 months out are 4-7x what normal premiums should be, (Future price typically closes this gap over time)
Comex inventory went down 1.5 percent today
We're seeing a little profit taking right now, which I expected. We may see another quick push to 30 in the next day, I feel this dip gets bought.....
Posted on 2/1/21 at 9:19 pm to Odinson
quote:
R/wallstreetsilver is catching on since it’s not gme
There's much better basic financial fundamentals at play here, so that helps.
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