Loading ...At these higher prices the miners should start making some serious coin! Whoo Hoo!
brb
Maddog and Buygold
Buygold
I don’t know why copper but gathering a list. One might be the increase need for electric.
One downside is the Chinese can use holding gold as leverage against administration like the current one too.
Your right about the Chinese and gambling. I’ve been to casinos a couple times with friends years back cuz they had a good buffet there until COVID anyways. I’m not into gambling but was quick to figure out systems they may have too. Those Chinese if they see you winning they follow you. I was winning in the slot machines but stayed low key winning and they didn’t know it so what they’d do soon as you stop they’d hop on thinking they were gonna win. Then the next time I was on the quarter keno or something machine and saw a familiar number pattern ” no accident” so started winning and the machine would make all these noises when I’d win and get bonuses and this Chinese guy just knew I was using numbers per patterns and sat down next to me and pretended he was drunk and leaned over so far his face was right in front of the window of the machine I was using and had to push him away at yell at him and left. You have to be aware of who’s around you especially if Chinese but at least they didn’t follow you out. That’s another type.
A dollar move in Silver in a day would have been a dream in 1999
That took some time, boys have been working hard to cap it for a long time
Ipso
Yes! Bitcoin type move in silver. I really didn’t think I’d live to see one.
ipso facto
Shhhhhhh……No Rally Monkees either……or the sob’s will go kamikaze on us …!!!!!!
Ipso 10:27
Okay thanks.
10:28 Lol Just watch out but if it breaks out of resistance that should be another story.
Captain
Sunday night. Yes, I suspect they will, but I wonder if the specs are trying to do to silver what they did to copper? I’m not sure I understand the move in copper at all. Demand? Surely not here in the states. Housing is toast. War replenishment? Possibly.
Silver is a different animal altogether. Time to wander over to eBay to see what’s happening with metal there. Then the dealers.
Will gold be the last of the three metals to really go or will the criminals tamp this down. Shares looking better, silver shares flying.
Captain Hook
If not this weekend , cud be the next….the chinese can only take Phys and more to the point only want phys, as that they can bury in the garden etc.
This thing ain’t even started yet, as once the chinese get their teeth into this mkt, they are the worlds biggest gamblers, they just love gambling……and both real estate and their SM are shot….they only have PM’s to play with.
With gold trading at records, they will look at Silver and see that is cheap, as is Platinum .
I know a guy who was a meeter and greeter at one the top London Casino’s….he told me he watched a Chinese gambler sit at the table for like 10 or 12 hrs once, never got out of his seat once…..just smoked constantly, because he was on a winning roll and was worried if he moved he might break the spell. !!!!!!
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goldielocks
Look at yesterday’s ipso facto @ 11:46. Click on replies for an explanation.
Cheers
Ipso
Okay what ever that means, I’ll have to look it up.
Another fun fact. Watch for double tops across the board practically.
Fun Facts
2) Practical tip: In oxide gold heap leach projects, check for copper. It’s bad news & will pregrob solution
Maddog 9:27
They are??? That’s what I was thinking since Chinese were busy buying, what if they and others start calling for delivery. I mean if they want to start all these wars and genocide and such on top of weaponizing El dinero.
Wow
Was away trying to teach a friend some charting patterns via email. Not easy to do and come back to see all this. She had a bunch of charts from a subscription but doesn’t read them. I noticed the real estate one doesn’t look too good.
Then I see all this that fast. Wow
Well well well …
… what do we have here?
It’s Friday morning, and the PBOC just let loose $42 billion in stimulus.
And yesterday, in an effort to ‘tamp down prices’, the FH’s in charge had their agents sell into the rally in silver, adding on another 4400 contracts onto Comex Silver Open Interest (OI), bringing the total to 180,000, a level that is well out of the 5-year range.
So, what happens now? Do Western officials organize another ‘tamping down’ Sunday night like they always do? Are we about to see the specs puke up their positions and cause another precipitous drop on Monday morning?
Because if they don’t, well, the hordes of momentum-oriented speculators waiting for the next meme play could wreak havoc next week – sending a signal to the financial world things could be different this time – maybe the FH’s in charge are out of tricks – finally out of the physical metal.
One thing is for sure, if silver runs up through $33 next week and OI begins to decline you will know commercial signal failure is foretelling the increasing likelihood of a Force Majeure in Comex Silver (already underway signaled by the rise of EFP’s), and an official shift in silver (and gold) trading centricity from West to East, from paper trading to physical delivery, and likely bankruptcy of many Western players.
Guess they will just have to print more unsubstantiated fiat currency for the bailouts if that happens.
I wonder when sleepy Western officials will wake up and realize they are in the deferential position to the East now – and more – to the 75% of the world’s population and economy, as represented by BRICS countries.
I guess we will find out next week.
So, grab your popcorn if you are a stacker.
And maybe – just maybe – we might also see the shares wake up soon as well.
Cheers all
goldielocks
They are taking delivery…..that is one of the scums biggest problems……and 1.4 billion Chinese.
Buygold
“Silver blows past $30”
Cool Daddyo! 
This is unexpected
Silver blows thru $30?
My head asks, will they reverse us or does this stick?
Dollar up too.
Copper type move for silver?