I agree with that. I’m sure that part of the reason supply is constrained is intentional.
More miners should do like First Majestic and sell direct to the public.
I agree with that. I’m sure that part of the reason supply is constrained is intentional.
More miners should do like First Majestic and sell direct to the public.
Silver Seems like they’d rather keep it undervalued and the premiums up instead of the price that way they can control the price to the public, discourage buying while still making money themselves at the same time.
I think we need more smelters and mints to get all these beautiful silver rounds into the hands of the public. Right now it’s a narrow supply which isn’t meeting demand.
re: silver squeeze
I am hoping it will happen in line with this quote attributed to Hemingway (I think) I’m sure you’ve read it.
“How does one go bankrupt?” “Slowly … then all at once.”
Cheers and looking forward to having the riggers under the cosh!
Bunch of people are playing day trade options with quad witching. Sold their shares of telsa and more and now watching apple and some others. Game stop climbing. It’s live.
That makes a lot of sense if retail silver is 20-40% higher than COMEX spot. Call it wholesale? And fabricators buying to turn into Rounds and Bars etc. Maybe US Mint taking deliver for Silver Eagles?
Re Ag short squeeze
The Apes are dead serious and they know that they have to hoover up physical, they already have a 6 dollar premium, which no-one will talk about….which is insane and they haven’t even started yet.
It will be a slow burner, for quite some time, then it could go Ape, as they gun option dates, once it gets really tight.
Then the minorities who never thought they were being discrimitated against, find out thru Media start riotingg and burning down buildings. Maybe the whites should say, enough is enough, evidently the Media makes White racism sound so massive and prevalent, it must be normal, so lets drop the subject.
Racist slogans are catchphrases or slogans which express support for the rights and members of the racist community.
“Ok we admit it, we’re here we’re racists, get used to it”. “Hey, hey! Ho, ho! Racistphopia’s has got to go!” “Out of the Closets and into the Streets” “Racist by birth, fabulous by choice” “Be bold, be proud, be racist”.
Entertainment and Sarcasm of course
COMEX is the primary futures and options market for trading metals such as gold and silver. There have been some interesting trends for silver in the COMEX in recent months. More investors are taking delivery of silver. In other words, the short squeeze may still be on track – albeit in slow motion – and this could impact the silver price moving forward.
https://www.zerohedge.com/commodities/interesting-comex-trend-silver-short-squeeze-appears-be-track
Re Rates on a system I use I have them topping on daily charts, which means it may just be a hesitation, as opposed to a major trend change….but Adens are saying they are topping as well and that on their O/B indicator, they are at a 20 yr Hi, ie at a major extreme.
Re Nem…v good point, locking in a 3.5 yield in a sector that could explode, is a v tempting trade.
Murders And Shootings Skyrocketed In Portland After George Floyd’s Death & The Defunding Of Police
A staggering number of murders and shootings took place in Portland, Oregon, after the death of George Floyd in Minneapolis touched off violent riots across America. Many of the most violent riots occurred in Portland, and with police resources stretched thin, lawlessness increased exponentially across the city. The correlation could not be more clear—after Floyd’s death, the “defund the police” movement sprung up under misplaced motivations of social justice, and many people died unnecessarily. Floyd’s death, over Memorial Day weekend in 2020, created a clear demarcation after which murders and shootings skyrocketed in Portland.
Temporarily? Are you thinking they’ll reverse course?
Been thinking about NEM performance lately. Their dividend is 3.5% and got to around 4% on the most recent sell off.
Not bad in today’s world.
Karora Announces 2020 Results Including Record Annual Net Earnings of $88 Million, 2020 AISC Cost Guidance Beat, Along With Record Low 4Q20 AISC of US$912 per ounce
https://finance.yahoo.com/news/iiroc-trading-halt-je-145300358.html
Sokoman Minerals Announces Non-Brokered Private Placement Led by Eric Sprott
https://finance.yahoo.com/news/sokoman-minerals-announces-non-brokered-110000382.html
Labrador Gold Announces Receipt of Permits for Its Kingsway Diamond Drill Program and Provides Exploration Update
https://finance.yahoo.com/news/labrador-gold-announces-receipt-permits-120000362.html
Prismo Metals Files NI 43-101 Technical Report for Los Pavitos Gold-Silver Project in Sonora, Mexico
https://ceo.ca/@newsfile/prismo-metals-files-ni-43-101-technical-report-for
Strong Performance and Strategic Progress in 2020 Still Only the Start for Barrick, Says CEO
https://ceo.ca/@nasdaq/strong-performance-and-strategic-progress-in-2020-still
Making it’s own cloudy weather.
https://railpictures.net/photo/750288/
Another good explanation that shows this “vaccine” is NOT a vaccine. It’s actually a virus multiplier that will make you a carrier and spreader of a live virus. Worth 10 minutes of your time, IMO!!
Greek lawmakers approved a revised contract with Canada’s Eldorado Gold on Wednesday, opening the way for restarting a major mining investment stalled for years over licensing and environmental concerns.
Greek lawmakers seal revised deal to restart Eldorado’s mines investment
“The basic tool for the manipulation of reality is the manipulation of words. If you can control the meaning of words, you can control the people who must use the words.”
Philip K. Dick
Right but don’t forget about big tech preventing truth , monopolizing media and free speech and real news vs fake news where good is bad up is down right is left left is right and schools putting garbage in kids heads making them feel either a victim or responsible for other people problems that could promote violence marginalizing and harassment on white and or Christian children and further division as every action to one side there is a reaction.
Repubs need to go after tech and their blocking be Twitter FB Google even Amazon even Gofundme.
Here’s some of the mess going on now and now states are fighting back.
To get to it don’t put THE in front of the name or you get all kinds of weird stuff. Best to enter it like this:
SHOT IN THE DARK by Dr. Sherry Tenpenny That will get you to the correct video.
Thank you.
Really nice how thing worked out. 🙂
What happened
Not sure, but the mkt maybe is worried that the Fed has lost control of Rates, as they are still climbing.