Patriots play the long game here, if it drops then continue buying. They wanted to try and discourage us by dropping price, so don't be fooled. The everything bubble is coming, no way around it. Buy now and plan to hold into 2021. Use the price fixes to your advantage, the banks were not happy so many of us started buying what was supposed to be their insurance policy. I don't think they planned on enough of us buying physical that we would drive price up. Wonder how hard they worked to force the price down. I am dismayed when I see someone who is so desperate to survive they are selling right now.
and speaking of "playing the long game," I just wacked silver AGAIN...I have bought over $8,000 worth (almost all last year) but I decided that I had seen most of the silver correction at $15.00-$15.03 range it's been hanging at the last few days.
BUT, again, "playing the LONG game," I decided it was time to go ahead and order my step-father's Christmas present for 2020. Not THIS Christmas - I already got him a 1-oz .45 rd "silver bullet" last Christmas; already got the 2-oz .308 "silver bullet" for him for THIS Christmas. I got the 10-oz .50-cal rd yesterday for Christmas for him in 2020.
I can't WAIT to see what silver prices will be in 2020 when he gets that 10-oz "silver bullet." He's gonna be blown away....pun intended. ;)
Silver is up over 2% just today, so if nothing else, that pays the shipping costs...and I added another 10 rounds (silver rounds not "bullet" rounds lol) for yours truly. Not a huge purchase, but since I was paying shipping costs as it was anyway, I threw in another $160 for 10 silver rounds for myself.
You are definitely getting stacked very well, hoping the season kicks off so I can get some more soon. Just bought my wife a new gun. Now we have 2 every day carries and 2 full size good for open carry. (just talking pistols we won't talk about the rest) We sure are doing everything the dems don't want us to, stacking PM, building arsenals, keeping large pantries of food and paper goods... They should squirm. Patriots are getting ready!
Actually, I'd be one of those people myself if I didn't have a good support system that understands my insanity. I'm disabled and put the little bit of cash I had from my settlement into silver at different spots...mainly around $16-$19 when prices came back DOWN years ago. Haven't been back up yet, but I was okay waiting as a LOT of people had wished they were "in that low." Last year I saw a buying op on a spike down on Halloween & had to buy more at $14.30. Freed up even more to buy again at $14.64 so between the junk silver over the years and the more recently-bought 100 oz bars, I'm sitting on close to 1k oz of physical metal.
My biggest conern is what if there's some "debt jubilee?" With my luck, silver would rocket, I'd cash in and pay off all my debts, THEN they have the debt jubilee after lol
Sorry been so busy and just now seeing your response. I have mulled over the same thing. Hard to believe given projected prices you would need that much silver to pay off all your debts. I am anticipating 130 an ounce on silver and 10k on gold. Planning to hold at least through 2021. I noticed the recent sudden drop. Think this was about trying to discourage people from stacking. You are in a much better position than 95% of the population. Hang in there patriot.
I actually bought 20 more ounces yesterday...a 10-oz .50 cal silver bullet for step-dad's Christmas present (in 2020 -- already got him the 2-oz one for this Christmas). He's already got the 1-0z.45 cal from last Christmas I gave him. The .308 (2 oz) is for Christmas this December, then the 10-oz .50 cal for Christmas 2020. It pays to be on top of the markets, as the move just today basically paid for the shipping costs!
Pretty cool, eh? ;)
Oh, I did get 10 silver rounds for myself, too. Already made my "big" purchase as I said before. Hope you have a great weekend!
also, when I did my figuring on paying off debt, I was conservative in my forecasting and also figured what I'd have after taxes.
But hey I did order 10 more 1-oz silver rounds as well as that .50 caliber 10-oz silver bullet, too. He'll be impressed with that 10 oz one. Last year was the 1-oz, this December will be the 2-oz, 2012 will be the 10-oz. I'm doing it that way bc as prices go up, the silver content of his presents will too, and who knows what the silver price might be in 2020? Doesn't matter tho, b/c I just bought that 210-oz one for under $200 with shipping and after the BIG markup per ounce due to the fact it's in a particular shape that had to be cast specifically, so it cost more to make. It's basically silver "art" I guess. But it'll really make points with him....especially if silver's "up there" and besides, it's not exactly a CHEAP purchase at today's low prices to begin with. He's just done so much for me over the years, if I can thank him by paying $200 for something for him now that might well be worth $500 or more when he gets it in about 22 months, I think he'll be touched. But he's worth it. He collects silver and when I gave him the 1-oz .45 cal round he told me "You know, I've seen silver bullets and thought about getting some a couple of times, but I never did. Thanks for this....I don't have one." This guy's probably got 6 figures of silver at today's prices stashed away mostly in vaults or a huge safety deposit box or both. But he doesn't have this form of it, and he's the 30 yr ex-army veteran. So it made sense with his background and silver collecting, I got lucky in that he hadn't collected those, and so I'll add the .308 this year and the .50 cal in 2020. I skipped the 5-oz shogun shells b/c they're just plain ugly lol
I am curious, do you have to pay tax on the silver where you are? I am in GA and have a guy that buys and sells using cash here. No paper trail... The national debt is unpayable and I am a slightly physically impaired contractor. IRS don't need any extra money from me.
If you sell locally and there is no paper trail... I had a talk with my PM guy about how purchasing would go during a hyper inflationary event. Basically he said there would be buyers, but people would not be able to sell too much quantity at once. One ounce of gold or one 100 oz bar would probably be your limit per week. Limited cash supply for dealers in those circumstances.
Hmm thanks for the info. Sounds like if I feel like price has peaked or otherwise want to take my profits and lose my risk, I could always drive around to different cities. Columbia's not but a little over an hour away. Charleston's 2.5 so is Charlotte, but that's out of state for me. Greenville/Spartanburg too. Camden, Sumter, and Florence are all a bit smaller, but all sort off together, with the Bach being sorta outta the way, Myrtle Beach that is. I wonder about doing it that way? Don't you have to show ID to sell? Perhaps not? I'm no fan of the IRS, either. Who IS?
The "rumor numbers" I hear otherwise are 8k-10k in gold as you say but also $180-$200 in silver, so my $168 target seems reasonable. Remember...bulls make money, bears make money; pigs get slaughtered.
...Ive even got like $5,600 in paypal credit, but that's like 26% VARIABLE...still, might be nice to buy 300 oz more but that interest rate, yiikes...I'd have to pay it off ASAP and on diability, I just don't have the resources to do so. But at least I DID get in on 500 oz at either $14.24 or $14.66 (2 orders separately) -- first one was at $14.24 (Halloween - had a nice "dop" that day so I grabbed it if you look at a chart, look at last Oc 31st. Second one was in Nov juuust as it was dawning on me, "Hey...were about to explode here." Then it did.
I just figured the downside wasn't worth it to wait it out b/c of the risk of it NOT dropping and again, we wake up one day and I've been priced out of a "value" purchase, which is where we're currently at.
"Don't worry about the horse being blind, just load the wago" is my saying about silver right now.
I'm talking about ALL debts, including my mortgage balance. I'm calculating a minimum of $168 an ounce b/c the last time, silver went up 12.5x and this time it'll be at LEAST that much, IMO.
I went ahead and bought the Christmas presents for this year AND NEXT in silver today, at ! $15.04/oz. I could either wait for slightly lower prices, but in the end, I'd save literally only a few dollars, so better to lock-in on known good prices than wait and wake up to silver up a dollar or something. Stepdad's gonna get a .50 cal silver bullet in 2020 for Christmas; this year, he's getting a 2-oz .308 silver bullet. Last year, I gave him a 1-oz .45 cal. So I'll have him a collection...he loves silver anyway...but I'll have to tell him, "don't be holding out for the 20 mm canon round, that's a 25-oz one" LOL
But, right now, I'm fully "hedged." Got a few irons in the fire. Looks like real estate may not work out, but what I'm in (a little bit anyhow) is a 2nd Amendment RESORT & these ppl have money and return a lot so it might be somewhat immune to a housing crisis....entirely different subset of people there who already made their money, are older people, and have the money to spend either way. Then the silver hedge. Then stock in a startup (ride-sharing/Lyft), and then if everything falls apart, I have done some prepping so I'll be eating my freeze-dried food over a fire in my fireplace cooked on wood from the woodshed, stacked floor to ceiling. About the only thing I'm NOT prepared for is for things to continue the way they are going forever if that's not iroinic...oh well, something will heat up someday and I'll have been prepared for it or set things up to take advantage, one.
Markets are reacting to the slowdown in January - a slowdown enhanced by the government shutdown - yet there is a general January slowdown every year, because it's winter which slows down shipping, and people stay home, and because they spent all of their money on Christmas.
Things usually pick back up in February, and we begin to see those numbers starting about mid March, which the markets then also react to
the good news. So I expect to see prices back up around the end of March.
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Metals are insurance with a kicker when shit hits the fan.
Most are fully leveraged to US Dollar, Your US Job? Your US companies, Global Companies with leverage to US economy, your retirement, US real estate, etc. When all these go down guess what should happen with precious metals?
Ask the Germans during the Weimar Republic. It is why probably the vast majority of German citizens buy gold silver every month with their paycheck even now.
Today's US dollar will reach its intrinsic value, namely 0. That is in natural law in the compound interest system of debt money. Just like every currency in the centuries-old history of paper money currencies. If Trump implements the plan to introduce a gold-backed currency, it cannot and will not be the current USD.
There you go, showing your ignorance. It's not an investment but money with thousands of years of history. I recall when gold was $25/oz as a kid. If its been the same price for 10 years, then it would seem overdue for a rally, too, wouldn't it? But you wouldn't know because you sill think it's an "investment." Good luck holding onto that worthless Petrodollar.
uhhh...you're arguing with multiple anons, "friend." Gold and silver have been "money" for thousands of years while Central Banks are designed to fail after a period of time. I've offered facts; you've offered insults, then project onto me.
I'm quite aware of what ad hominem means, but you're obviously not aware of what "projection" is. I see it all the time from the trolls who have nothing better to do than to attack people who offer their observations. I'll let you argue with the other anon or with....yourself lol
Not OP but interesting justification for acting like an ageist asshole your own self while holding everyone else to a higher standard. Just like all the other misinformed progressive know-it-alls.
I agree, this weakness is just more opportunity for those in the know to load up.
I have been grabbing quite a few Silver Stacker bars over at www.ScottsdaleMint.com and I am getting friends/family to diversify too. Banking system is going to hurt the masses so best to have alternative wealth in your hands.
Yeah, these trolls throwing insults around are just showing their own hatred and ignorance. They just don't get it - nothing's "free." The more they manipulate it and hold prices down, the more "energy" that they store up to release at a later date, causing prices to rise that much more quickly down the road when it does break out for real.
Some of the manipulation could be the standard manipulation you see when institutions are accumulating a larger position. Though I will admit never have got in to actual commodity investment so I don't know much about that market.
Yeah, I am seeing even more trolls out saying how gold and silver aren't money. I guess that's why Central Banks have been buying it up more than they had in the last 50 years - because it's NOT money, right? - but you and I know differently. This whole thing does have "that feeling" I've had/seen before when markets are getting ready to take off....sort of a false breakout when, as you say, larger institutions have accumulated quite a bit. It takes time for everything to filter though, and I've seen prices shoot up then back down to regain steam for a second, permanent breakout before.
"Don't worry about the horses being blind, just load the wagon."
Silverprices are manipulated, no question. But we should be correct: The FIXING in London phone conferences ended in 2014 because of manipulations. Now there is an electronical system ruled by the CME (Chicago Mercantile Exchange).
Oh, I get it. Always has been to an extent, but they can only do so much. There comes a point where the thing gets a mind of its own (see: 2009-2013) and wankers in London can no longer control it. They might set the price but the traders take the markets wherever they take it.
You niggers are still this retarded? Silver and gold have always been price manipulated. There was even an email scandal about it sometime around 2009. The price of silver and gold are set be bankers in the City of London every morning. Who runs the CoL?
Silverprices are manipulated, no question. But we should be correct: The FIXING in London phone conferences ended in 2014 because of manipulations. Now there is an electronical system ruled by the CME (Chicago Mercantile Exchange).
Thanks, fellow anon/Patriot. I've had a couple of REALLY good replies from ppl who know what they're talking about and that's what the point was....to get a GOOD discussion through all the noise and fakery and PROJECTION from the shills.
I'd thought it interesting that I actually called the breakout a week before Carter Worth of CNBC did, and he said the same things I did. Check it out...Dec 31st he did. I posted originally on Dec 26th. He's making a LOT more money than I am and I had the same conclusion but a bit earlier. This tells me I'm at least on the right TRACK as for the "chartology" aspect of it; nobody can predict changes in the underlying fundamentals and the effects thereof, not to mention the manipulations we ALL know is going on with the precious metals and with the economy in general.
In fact, a buddy of mine who trades for a living has been having mixed results lately because of the "political risks" he sees in EVERY market, so the shenanigans are apparently on the rise overall, even above where they were say just last summer. So it's not JUST the metals, it's everything. Makes me wonder even more, and makes me think the metals have an even higher ceiling. My own calculations say to look for silver to hit $168/oz ultimately, but that's based on the 12.5x multiplier from the LAST crash and I think this one will be even bigger, if the Federal Reserve system itself is brought under attack as Q claims it will be.
Heck....$12/oz, $15/oz....I think a buyer now at either level will be quite happy they did so within only a few years, if that. There's also Q's 3/19 date, which could well be yet another head-fake to "make the enemy expend ammo," but I don't think anything ABOUT 3/19 could be BEARISH to the metals.
I guess we'll find out in a couple of weeks. Maybe RBG will have "died" the previous night, who knows? Grab your popcorn, though.
Also, thanks for having my back. People have no shame these days. And I've never been a "gold bug" or whatnot; I simply see a rare opportunity in gold and especially silver and am not keeping it a secret. For this, the trolls and shills come out, but in the end, I'll be making more profits than they EVER will make from being paid by George Soros lol
Thank you, all of your posts (in purple) are informative and spot on as far as I can tell.
A projector mentioned that the value is the same as 10 years ago as if it's a horrible investment. No currency tied to a central bank has held its value over the last decade, and investing in the stock market is just gambling in a rigged global casino where it's legal for members of congress to participate in insider trading, but not for us. If you do play the market, you also have to pray constantly that the secret game of musical chairs going on behind the scenes doesn't blind side and leave you with nothing.
Someone posts the X22Report here each day as it comes out, and so far things seem to be unfolding pretty much exactly aligned with his predictions about economic reset tying a new currency to gold (or something of intrinsic value)
Thank YOU for your kind words! I just share what I can when I have some time and hope that the (relatively few) that want such info actually see it.
I agree w/stocks which is why I rarely dabble in it and haven't in years.
I LOVE the X22 Report. Dave's my "news blankie" every night I watch both episodes while I'm unwinding trying to get ready for some sleep.
"...thisIsEpisode1797aAAAAND....now let's take a look at the economic collapse financial and geopolitical news...."
If markets were honest, I'd have been a millionaire decades ago. But there's your reason why God is so angry with us...not because of market manipulation but because of the evil BEHIND it all....
Maybe we'll all make a good profit and we can buy our own "Bohemian Grove" and have private meetings/parties...all on the up and up w/o any human trafficking or costumes or owls that sound like Walter Cronkite for real...talk about "These people are sick!"
Oh, reminds me...about 28 mins into Trump's speech at CPAC he referenced that....he said "These people are SICK!" Did you catch it?
Watch the supply. Note how many mines are currently open. Check the action of the top 5 silver producers over the past 6 months (on the stock exchange). If it's manipulation, consider that smart money may have entered, and it's pulling back before it pops up again.
A while ago I read that JPMorgan had bought a million oz silver, or something huge amount anyway. They could easily manipulate a quiet spot silver market with some of that and then rest easy, later. Silver is consumable whereas gold is mostly stored.
This is exactly what I think is going on. These trolls talking about the price being "fixed in London" is irrelevant. They could "fix the price" at a dollar an ounce, and buyers would come pouring in to raise the price back up over $1000/oz pretty much instantly, in a market replete with "bad fills" on bids. The trolls obviously have no idea what a bid and an ask are -- neither are "set by London" but "set buy buyers and sellers" while the markets are open. The "big money" is trying to pull prices down, as you said, and indeed what I was doing was "following" the smart money. The fact is that it takes a number of months for things to show up in price when the big players enter and become net purchasers...it's called the Commitment of Traders report, which the trolls likely never heard of. Interesting that during the shutdown, that report stopped being published. More obfuscation.
I've just been getting that "feeling" I've had in the past that the prices are like a helium balloon being held under water. I've seen it before, London or not, because I've seen the same things in other markets, too. Prices often will rise, fall back, regroup, then march upward for real. It's just more obvious what's going on these days than ever with the other things all pointing to higher prices.
posted before: Silverprices are manipulated, no question. But we should be correct: The FIXING in London phone conferences ended in 2014 because of manipulations. Now there is an electronical system ruled by the CME (Chicago Mercantile Exchange).
This last week, gold did a pullback from Pivot, to Support 3 (within .50 using classic key level formula). It couldn't get much more on the nose than that for a liquidity spike. Usually I only see that before an interest rate decision on a daily, gold just did it on the weekly... deliberately. So, something is on the horizon with big money in gold.
You're meaning a 50% Fibonacci RT? Yeah I use that tool all the time on my better software but just don't have an active subscription right now. A buddy of mine is a trader, so I just look in on his every morning and have seen the same thing. I think silver either holds here and goes up or goes back below $15 to test $14.78.
I've also noticed over the decades that a big move is preceded by a "mini-move" in the same direction only to come down and re-test the lows before FINALLY taking off. This really smells like one of those times, given the dozens of OTHER things we have to look at, both technical and fundamentally, that points to what should be rising prices. Once the dollar rolls over, that's that "third leg" of the stool, and that'll cause things to really rip. The trick is in knowing exactly when.
What is "PP" previous price? No link here...I do get the Fib stuff just not getting all the formulas w/o some more reference but I recognize those Fib levels for sure...and those first formulas I'm not sure what all the symbols refer to, exactly.
ie: R3 = H + 2 x ( PP - L )
okay, so L is previous day's low. H is the previous high. R3 I take it would be the 3rd resistence level of...what, that trading day or the Elliot wave or in the Fib sequence...?
or R1 = 2 (2 what?) X PP (what's PP?) - L (previous day's low)?
This is a trading staple on the Forex. You'll see it all over the place on the analyst sites, usually under the symbol analysis for currency trading pairs.
Also, USDCHF orbiting parity (1.00000) today, so keep an eye on gold, it looks like it may consolidate.
THanks for the explanation. I kinda figured some were based on previous day's pricing but wasn't sure which was which. I haven't traded currencies before so that's likely why I am not familiar with it. All SORTS of tools like the pitchforks...pretty soon, people are gonna be brandishing the pitchforks instead of charting with 'em lol
Interesting back in late december we had a breakout to the upside, as the gold/silver ratio started dropping. Had a quick reversal last week as you can see, meaning silver might well drop well below $15/oz again. I think it's a good buying opportunity if it was missed the first time as I got in around $14.30, but with central banks around the world buying gold in record amounts last year, I'm not seeing the fundamental reasons the metals are falling again. Perhaps people are putting money back into stocks. The dollar is relatively flat, so it's not a "strong dollar" so much since it's going sideways more or less. The longer this continues, I think the more explosive things will be to the upside once the DS lets go of the helium balloon from under water, but in the short term it's probably best to see where the dust settles.
AS AWLAYS, talk to a pro before doing anything. I'm simply observing markets and I hear Q saying "Gold will end the Fed" but from the price action, it doesn't look like it's in any hurry to do so. At least the breakout I called on Dec 26th was true as far as it went; it just didn't hold above about $16.20. Gonna be interesting to watch either way, for sure...
1oz Gold coin (worth ~1294 federal notes) with the denomination 50 dollars.
If you use the inflation calculator that's about 99% accurate to the dollar's inflation to $50 back in Jan 1913.
The US mint also produces:
1oz Silver coin (worth ~15 federal notes) with the denomination 1 dollar.
1oz Platinum coin (worth ~860 federal notes) with the denomination 100 dollars.
1oz Palladium coin (worth ~1550 federal notes) with the denomination 25 dollars.
All signs point to a crash, and rumors suggest within weeks. Chrysler and Ford stopped giving monthly reports because they were touching double digit sales drops while they regularly predict growth and produce more based on predictions, and opted for quarterly reports as of December 2018.
Car manufacturers buy 75% of the palladium supply for catalytic-converters. When they release that the Q1 report and people see double digit decline in sales the forecast is going to drop and palladium will plummet.
The debt clock shows gold's oversold 101:1 on comex (meaning you can put $1294 and get 1oz but comex can sell that 1 physical ounce 101 times) and silvers oversold 192:1. When other stocks plummet people will move to metals and when people start collecting those metals the price can rise 101x for gold and 192x for silver. This is just the virtual fed dollars for people that don't want to hold in companies about to go under and have no assets only intellectual property.
Comex released rule 589 to control the rise of any precious metals in anticipation of this. Rises a certain percent too fast and they shut the market for X hours, on and on.
When palladium plummets the others will rise. By the US mint denominations, if gold's the standard to deflation and valued at 1294 in federal notes today, silver should be worth 1/50 the price of gold (or ~25.9 federal notes), palladium should be 1/2 (or ~647 federal notes), and platinum should be 2/1 (or ~2588 federal notes).
Stack accordingly because when the market crashes, which most people think is impossible because they're really never studied history and really like depending on the financial system, you can have $50k in Ford stock be actually worth 1oz of silver because the market is based on fed notes not US dollars.
Lots of great info here, thanks fellow anon. First, though, let me say that for every "short," there has to be a "long" - ie: for every seller, there has to be a buyer. That's how markets achieve equilibrium with constantly changing prices to reflect the amount of people wanting to sell vs. buy. Supply and demand.
I'm not so interested in coins/numismatics but rather silver content only, as premium always disappears over time.
I noticed the car monthly sales reports were announced they'd stop doing it each month after yr over yr sales were so abysmal. I got the impression they're going "opaque" because they indeed have a LOT to hide -- Millennials aren't buying cars or homes like previous generations, thus, companies like Uber and Lyft are surging.
I know about the Palladium in the cat-converters; however, remember that electric cars have no need for one so there's that to consider.
As for the "oversold" thing, yeah, I'm aware of that on the ETFs like the SLV/GLD are HORRIBLY over-leveraged, which is in part why I think prices currently "feel like" a helium balloon being held underwater. I've seen such before, and that was when silver wound up exploding upward by 12.5x. I think the multiplier could well be higher this time. I don't think it's SO important to get in at such a low price that you wake up and the move had started overnight and the price is no longer available, so being a buyer for the long-term at $15 or below looks like a great entry spot, if for no other reason all the support/traffic in the area the past 10 years. That's a LOT of price action to break below or above, and we just saw it happen to the upside. In today's political climate, I think it's highly unlikely to break out to go further down past about $13.50 than it is to retrace as it is now, summon up more "steam," and go higher for the real breakout, when it occurs. Not so sure about an economic crash being WEEKS away, but hey, in this crazy world, anything is possible.
You and I think alike in SO many ways, fellow anon. I noticed a while back, "Gee, this is odd. Platinum has ALWAYS been the most expensive metal; now it's not. I know Palladium is needed in catalytic converters, but car sales are waaaay down so what's keeping the prices so high there?" Also, I had the "electric cars" increasing production in mind and as I noted, they don't NEED "catalytic converteres" -- it's sorta the whole POINT in a "Zero-emissions" vehicle, where the "emissions" are done at factories making batteries and such, but none directly from the vehicle in use.
As for Q, I've been "aware" since about last May. BTW, long story/aside here, I think Gen Paul M Nakasone is DEEPLY involved in "Q" even if "only" for the cybersecurity aspect. He also happens to have Adm. Rogers' old job as head of the NSA, and I got a "psychic impression" that "Q" was "half-asian/hawaiian" and when I see things in such a manner, I'm always right at least so far.
I missed the E.V. total by ONE (304 vs the 303 I predicted) AND I was 100% right about the meteor. It's a gift I have. Alas, no such "visions" about metals pricing! Oh well lol
My point is Q's "predictions" aren't always accurate...."some disinformation needed"...and other "big things are happening by X" didn't come through but were "strategic markers" he says, in order to make the enemy "expend their ammo."
As far as 3/19, that might well be the date RBG "died" or something. Who knows? I just know I use Q as a tool much like I use the Fibonacci chart as a tool. It helps paint the picture quite a bit, but I don't put 100% of my chips on any ONE tool. I look at the bigger picture. This is why I bought physical metal, to smooth-out any "local" ups/downs affected or not by Q or anyone else.
When I DO see things happening in the "normal" sense, my issue is I tend not to be early but WAY WAY WAY early. For instance, around 2008, I sensed some bad event in the future that might affect the entire world, and started doing what "prepping" that I could, on my budget. Just spent $80 on some freeze-dried pizzas (10 packages of crusts, sauce mix, and mozzerela cheese) knowing I had 2 #10 cans of mozzarella cheese to help "dress it up" more. In a bad situation, "Comfort Food" can go a long way to helping stay off the big psychological lows that could happen, and I've been "prepping" ever since....even keep firewood in the shed (literally stacked floor to ceiling on two walls right now) just in case no power....I have a fireplace and have been using it. Even WITH power, it makes for a nice, cozy, warm feeling in the room as well as providing heat, so I burn the fireplace when the temps go below about 40 at night. It's a bit more costly than "just nat gas," but it does cut the nat gas bill in half or so. The cost of the firewood itself more than makes up for it, although I DID get a BUNCH of free firewood this year so it's probably about even.
Sorry to digress again, but was merely pointing out that I understand the times in which we live...at least well enough to know to prepare for the worst. I don't think buying silver at $15/oz is going to make anyone go broke but will make a nice profit simply by changing forms of fiat money into what's historically ALWAYS been "money." It's so funny that the haters/trolls love to talk shit to me when I post about silver but they never have anything to offer as an alternative, other than cryptos, which are WAY more volatile than silver even is. However, cryptos are based on math and "math" has no INHERENT value. It's a concept, not a commodity.
I also noticed the debt clock a while back saying silver should be at $697/oz...so it's probably somewhere close to that now as I last looked a few weeks ago. It's in the lower-right corner, just so you know I know the page.
I REALLY appreciate the thought, the facts, and the links you put into your response. It makes dealing with the trolls actually worthwhile to sift through to get replies like this, as well as a few others I've seen. I've never understood the need the trolls feel to go attacking people who provide FREE INFORMATION here. I mean, if they don't feel silver will rise, so be it. But why not? Instead of alternative explanations, they often use racial slurs, further showing their lack of intelligence unless they "guess right" and call me a WASP. Haven't seen them do that yet, so whatever.
One last tidbit -- the "natural ratio" of silver to gold is 17.5:1 as it occurs in the Earth naturally. This does not mean the prices should precisely reflect this, however, as the costs to mine gold and silver aren't the same. I'm also hearing that we might have reached "peak silver/peak gold" now -- much like the talk was back in the 90's or so about petroleum, but that was before fracking and other new technologies were developed and deployed. I suppose some breathrough in technology could make the mining costs for gold and silver plummet, but then again, they're "rare metals" not because of a dearth of mining technology, but because there's just not all that much around TO mine!
I am going to bookmark most of the links you gave me for future reference. Thanks much, fellow Anon! You've helped me re-think ignoring VOAT altogether. I think, seeing the trolls, we've all had the thought once or twice, but once in a great while, I run into someone who knows what they're talking about AND is polite and kind enough to share it.
You take care and have a great week! We'll see what happens on 3/19, but again...Q is also known for his "head-fakes" so we'll see what happens. I've also noticed a lot of times, what he said exactly one year PRIOR is what's really going on. "Gold will end the Fed" was what...like Dec 18 last year? Might it be the same this year? Might the "countdown to 3/19" be something, again, to cause the Deep State to "expend their ammunition" or is it the date of the FISA declas?
At least we'll find out in a couple of weeks. Hang on!! :)
True, but they assume they have any credibility by acting and speaking like an angry 5 year old. Oh well. It's just that I've seen so much evil and ignorance in the world...as a kid I wondered "why is God so angry with us?" Then, I grew up and the question is "Why is God so PATIENT with us?"
Pretty much sums up the general state of "Humanity" these days. Thanks for being a stand-up Patriot!
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I was talking with a trader friend of mine and he says the political risk makes the markets almost impossible to trade these days. He's struggling, and his methods are quite sound. I've known him for 15 years now I think. He'll make a good trade then lose it on 3-4 trades that went bad for no obvious reasons.
You see, the deep state can only hide what they're doing to an extent...manipulation and shenanigans show up in markets as ripple effects of their tomfoolery. When Central Banks buy gold at a record pace over the last 50 years and prices go DOWN?
It means something ELSE is far more UP than we KNOW.
I got in an argument over "taking investment advice on VOAT" with an anon a while back. My issue wasn't with the statement. Oh, he was 100% right as far as he went...taking investment advice on VOAT IS a fool's errand. However, I laid out charts that I had analyzed, put everything into historical context, and even SAID to "check with your trusted pro" before doing anything, but I guess he missed over that part.
My "call" was on what turned out to be a false breakout, where you see the gold/silver ratio broke below support before turning right around and going skyward. Carter Worth of CNBC made the EXACT SAME CALL I made but only a week later than I did. Same reasons. So at least I'm in "professional company."
In my own OPINION...my opinion only...would be to WAIT IT OUT from here if you're not already in. I think if you sell below $15, you're gonna wind up selling low soon. Keep an eye on that gold/silver ratio for sure, but right now the technicals are just haphazard way more so than just a few months ago.
It tells me the DS is really desperate....so it's not all bad. ;)
17135211? ago
Patriots play the long game here, if it drops then continue buying. They wanted to try and discourage us by dropping price, so don't be fooled. The everything bubble is coming, no way around it. Buy now and plan to hold into 2021. Use the price fixes to your advantage, the banks were not happy so many of us started buying what was supposed to be their insurance policy. I don't think they planned on enough of us buying physical that we would drive price up. Wonder how hard they worked to force the price down. I am dismayed when I see someone who is so desperate to survive they are selling right now.
17228785? ago
and speaking of "playing the long game," I just wacked silver AGAIN...I have bought over $8,000 worth (almost all last year) but I decided that I had seen most of the silver correction at $15.00-$15.03 range it's been hanging at the last few days.
BUT, again, "playing the LONG game," I decided it was time to go ahead and order my step-father's Christmas present for 2020. Not THIS Christmas - I already got him a 1-oz .45 rd "silver bullet" last Christmas; already got the 2-oz .308 "silver bullet" for him for THIS Christmas. I got the 10-oz .50-cal rd yesterday for Christmas for him in 2020.
I can't WAIT to see what silver prices will be in 2020 when he gets that 10-oz "silver bullet." He's gonna be blown away....pun intended. ;)
Silver is up over 2% just today, so if nothing else, that pays the shipping costs...and I added another 10 rounds (silver rounds not "bullet" rounds lol) for yours truly. Not a huge purchase, but since I was paying shipping costs as it was anyway, I threw in another $160 for 10 silver rounds for myself.
MAN am I good! ;)
17233814? ago
You are definitely getting stacked very well, hoping the season kicks off so I can get some more soon. Just bought my wife a new gun. Now we have 2 every day carries and 2 full size good for open carry. (just talking pistols we won't talk about the rest) We sure are doing everything the dems don't want us to, stacking PM, building arsenals, keeping large pantries of food and paper goods... They should squirm. Patriots are getting ready!
17144187? ago
Actually, I'd be one of those people myself if I didn't have a good support system that understands my insanity. I'm disabled and put the little bit of cash I had from my settlement into silver at different spots...mainly around $16-$19 when prices came back DOWN years ago. Haven't been back up yet, but I was okay waiting as a LOT of people had wished they were "in that low." Last year I saw a buying op on a spike down on Halloween & had to buy more at $14.30. Freed up even more to buy again at $14.64 so between the junk silver over the years and the more recently-bought 100 oz bars, I'm sitting on close to 1k oz of physical metal.
My biggest conern is what if there's some "debt jubilee?" With my luck, silver would rocket, I'd cash in and pay off all my debts, THEN they have the debt jubilee after lol
17204642? ago
Sorry been so busy and just now seeing your response. I have mulled over the same thing. Hard to believe given projected prices you would need that much silver to pay off all your debts. I am anticipating 130 an ounce on silver and 10k on gold. Planning to hold at least through 2021. I noticed the recent sudden drop. Think this was about trying to discourage people from stacking. You are in a much better position than 95% of the population. Hang in there patriot.
17224532? ago
I actually bought 20 more ounces yesterday...a 10-oz .50 cal silver bullet for step-dad's Christmas present (in 2020 -- already got him the 2-oz one for this Christmas). He's already got the 1-0z.45 cal from last Christmas I gave him. The .308 (2 oz) is for Christmas this December, then the 10-oz .50 cal for Christmas 2020. It pays to be on top of the markets, as the move just today basically paid for the shipping costs!
Pretty cool, eh? ;)
Oh, I did get 10 silver rounds for myself, too. Already made my "big" purchase as I said before. Hope you have a great weekend!
17208574? ago
also, when I did my figuring on paying off debt, I was conservative in my forecasting and also figured what I'd have after taxes.
But hey I did order 10 more 1-oz silver rounds as well as that .50 caliber 10-oz silver bullet, too. He'll be impressed with that 10 oz one. Last year was the 1-oz, this December will be the 2-oz, 2012 will be the 10-oz. I'm doing it that way bc as prices go up, the silver content of his presents will too, and who knows what the silver price might be in 2020? Doesn't matter tho, b/c I just bought that 210-oz one for under $200 with shipping and after the BIG markup per ounce due to the fact it's in a particular shape that had to be cast specifically, so it cost more to make. It's basically silver "art" I guess. But it'll really make points with him....especially if silver's "up there" and besides, it's not exactly a CHEAP purchase at today's low prices to begin with. He's just done so much for me over the years, if I can thank him by paying $200 for something for him now that might well be worth $500 or more when he gets it in about 22 months, I think he'll be touched. But he's worth it. He collects silver and when I gave him the 1-oz .45 cal round he told me "You know, I've seen silver bullets and thought about getting some a couple of times, but I never did. Thanks for this....I don't have one." This guy's probably got 6 figures of silver at today's prices stashed away mostly in vaults or a huge safety deposit box or both. But he doesn't have this form of it, and he's the 30 yr ex-army veteran. So it made sense with his background and silver collecting, I got lucky in that he hadn't collected those, and so I'll add the .308 this year and the .50 cal in 2020. I skipped the 5-oz shogun shells b/c they're just plain ugly lol
17209976? ago
I am curious, do you have to pay tax on the silver where you are? I am in GA and have a guy that buys and sells using cash here. No paper trail... The national debt is unpayable and I am a slightly physically impaired contractor. IRS don't need any extra money from me.
17210422? ago
I am in SC so taxes are generally a little higher here than some others nearby too.
17210382? ago
hmm I just figured on capital gains taxes.
17210678? ago
If you sell locally and there is no paper trail... I had a talk with my PM guy about how purchasing would go during a hyper inflationary event. Basically he said there would be buyers, but people would not be able to sell too much quantity at once. One ounce of gold or one 100 oz bar would probably be your limit per week. Limited cash supply for dealers in those circumstances.
17210869? ago
Hmm thanks for the info. Sounds like if I feel like price has peaked or otherwise want to take my profits and lose my risk, I could always drive around to different cities. Columbia's not but a little over an hour away. Charleston's 2.5 so is Charlotte, but that's out of state for me. Greenville/Spartanburg too. Camden, Sumter, and Florence are all a bit smaller, but all sort off together, with the Bach being sorta outta the way, Myrtle Beach that is. I wonder about doing it that way? Don't you have to show ID to sell? Perhaps not? I'm no fan of the IRS, either. Who IS?
17208255? ago
The "rumor numbers" I hear otherwise are 8k-10k in gold as you say but also $180-$200 in silver, so my $168 target seems reasonable. Remember...bulls make money, bears make money; pigs get slaughtered.
17208135? ago
...Ive even got like $5,600 in paypal credit, but that's like 26% VARIABLE...still, might be nice to buy 300 oz more but that interest rate, yiikes...I'd have to pay it off ASAP and on diability, I just don't have the resources to do so. But at least I DID get in on 500 oz at either $14.24 or $14.66 (2 orders separately) -- first one was at $14.24 (Halloween - had a nice "dop" that day so I grabbed it if you look at a chart, look at last Oc 31st. Second one was in Nov juuust as it was dawning on me, "Hey...were about to explode here." Then it did.
I just figured the downside wasn't worth it to wait it out b/c of the risk of it NOT dropping and again, we wake up one day and I've been priced out of a "value" purchase, which is where we're currently at.
"Don't worry about the horse being blind, just load the wago" is my saying about silver right now.
17207986? ago
I'm talking about ALL debts, including my mortgage balance. I'm calculating a minimum of $168 an ounce b/c the last time, silver went up 12.5x and this time it'll be at LEAST that much, IMO.
I went ahead and bought the Christmas presents for this year AND NEXT in silver today, at ! $15.04/oz. I could either wait for slightly lower prices, but in the end, I'd save literally only a few dollars, so better to lock-in on known good prices than wait and wake up to silver up a dollar or something. Stepdad's gonna get a .50 cal silver bullet in 2020 for Christmas; this year, he's getting a 2-oz .308 silver bullet. Last year, I gave him a 1-oz .45 cal. So I'll have him a collection...he loves silver anyway...but I'll have to tell him, "don't be holding out for the 20 mm canon round, that's a 25-oz one" LOL
17144331? ago
But, right now, I'm fully "hedged." Got a few irons in the fire. Looks like real estate may not work out, but what I'm in (a little bit anyhow) is a 2nd Amendment RESORT & these ppl have money and return a lot so it might be somewhat immune to a housing crisis....entirely different subset of people there who already made their money, are older people, and have the money to spend either way. Then the silver hedge. Then stock in a startup (ride-sharing/Lyft), and then if everything falls apart, I have done some prepping so I'll be eating my freeze-dried food over a fire in my fireplace cooked on wood from the woodshed, stacked floor to ceiling. About the only thing I'm NOT prepared for is for things to continue the way they are going forever if that's not iroinic...oh well, something will heat up someday and I'll have been prepared for it or set things up to take advantage, one.
17128257? ago
Reeks
17127414? ago
Markets are reacting to the slowdown in January - a slowdown enhanced by the government shutdown - yet there is a general January slowdown every year, because it's winter which slows down shipping, and people stay home, and because they spent all of their money on Christmas.
Things usually pick back up in February, and we begin to see those numbers starting about mid March, which the markets then also react to the good news. So I expect to see prices back up around the end of March.
17127314? ago
This submission was linked from this v/QRV comment by @17127304.
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17126204? ago
Same price it was over a decade ago. Fantastic investment. lol
17126397? ago
Timing my friend.
Metals are insurance with a kicker when shit hits the fan.
Most are fully leveraged to US Dollar, Your US Job? Your US companies, Global Companies with leverage to US economy, your retirement, US real estate, etc. When all these go down guess what should happen with precious metals?
Ask the Germans during the Weimar Republic. It is why probably the vast majority of German citizens buy gold silver every month with their paycheck even now.
17126420? ago
This isn't the Wiemar republic and no such scenario is forthcoming.
Trump is a fantastic manager wielding the strongest military that has ever existed on earth.
Believe me, if your silver is ever good for jack shit, it will be easily taken from you.
17127439? ago
Today's US dollar will reach its intrinsic value, namely 0. That is in natural law in the compound interest system of debt money. Just like every currency in the centuries-old history of paper money currencies. If Trump implements the plan to introduce a gold-backed currency, it cannot and will not be the current USD.
17146139? ago
Nothing will happen, things will stay as they are and my silver will continue to take up space and be extremely heavy.
17160488? ago
The facts will teach you better.
17160695? ago
The facts you made up that are actually opinions. lol
17160705? ago
dream on
17160723? ago
Devastating comeback, anything else? lol
17127036? ago
Is this Jamie Dimon? Trying to keep real wealth out the hands of the common man.
Why are central banks loading up on Gold as we speak? Why is Gold on their balance sheets?
17127053? ago
Because they've always had gold. lol
17127468? ago
Rising goldprices will mark the end of the financial system. You don't have to believe it. Because waht you believe is not important.
17146803? ago
You are entitled to your opinion.
17160483? ago
That's your problem, not mine.
17160691? ago
True, I'm probably the only one here who actually owns any and I want my money back. lol
17160712? ago
just wait and your money will be worth NOTHING.
17160730? ago
Just wait and you will be much older and your silver will still be heavy and useless.
Even if SHTF, people will be like, fuck off with that shit. lol
17126680? ago
You are a Fool.
17126704? ago
Ad hominem and stuff.
17126304? ago
There you go, showing your ignorance. It's not an investment but money with thousands of years of history. I recall when gold was $25/oz as a kid. If its been the same price for 10 years, then it would seem overdue for a rally, too, wouldn't it? But you wouldn't know because you sill think it's an "investment." Good luck holding onto that worthless Petrodollar.
Proverbs 17:28
17126324? ago
Money that doesn't spend, isn't money.
Good luck spending silver. lol
17126590? ago
For instance, check Louisiana, Utah, and Texas. Wyoming too.
17126552? ago
The more you speak, the dumber you show yourself to be. Please keep it up!
17126623? ago
Ad hominem, etc.
17128932? ago
uhhh...you're arguing with multiple anons, "friend." Gold and silver have been "money" for thousands of years while Central Banks are designed to fail after a period of time. I've offered facts; you've offered insults, then project onto me.
I'm quite aware of what ad hominem means, but you're obviously not aware of what "projection" is. I see it all the time from the trolls who have nothing better to do than to attack people who offer their observations. I'll let you argue with the other anon or with....yourself lol
17146143? ago
Projection is yiddish psychobabble.
Oh and you're arguing with multiple "anons" as well. lol
17148559? ago
actually, it's Psychology, ya dickhead. And "multiple anons" are just being stupid. Go play in the freeway. "lol"
17160681? ago
psychology is yiddish pseudo-science, a racket for the jews.
17127051? ago
You obv don't understand ad hominem, albeit you pulled one off with the boomer projection.
17127127? ago
You had no argument, just an insult.
That's what ad hominem means.
I can make my argument, then call you a fat boomer. That's fine.
17128883? ago
Not OP but interesting justification for acting like an ageist asshole your own self while holding everyone else to a higher standard. Just like all the other misinformed progressive know-it-alls.
17126026? ago
I agree, this weakness is just more opportunity for those in the know to load up.
I have been grabbing quite a few Silver Stacker bars over at www.ScottsdaleMint.com and I am getting friends/family to diversify too. Banking system is going to hurt the masses so best to have alternative wealth in your hands.
17128017? ago
You can get your bars a whole lot cheaper over as Silver Doctors -> sdbullion DOTCOM (apparently the "domain" is banned...wouldn't let me post it)..
Best prices I've found anyway...
17126101? ago
Yeah, these trolls throwing insults around are just showing their own hatred and ignorance. They just don't get it - nothing's "free." The more they manipulate it and hold prices down, the more "energy" that they store up to release at a later date, causing prices to rise that much more quickly down the road when it does break out for real.
17126601? ago
Some of the manipulation could be the standard manipulation you see when institutions are accumulating a larger position. Though I will admit never have got in to actual commodity investment so I don't know much about that market.
17126675? ago
Yeah, I am seeing even more trolls out saying how gold and silver aren't money. I guess that's why Central Banks have been buying it up more than they had in the last 50 years - because it's NOT money, right? - but you and I know differently. This whole thing does have "that feeling" I've had/seen before when markets are getting ready to take off....sort of a false breakout when, as you say, larger institutions have accumulated quite a bit. It takes time for everything to filter though, and I've seen prices shoot up then back down to regain steam for a second, permanent breakout before.
"Don't worry about the horses being blind, just load the wagon."
17125631? ago
Silver & GOLD prices are "FIXED" in London. ya' understand that word "FIXED" right?
17127248? ago
Silverprices are manipulated, no question. But we should be correct: The FIXING in London phone conferences ended in 2014 because of manipulations. Now there is an electronical system ruled by the CME (Chicago Mercantile Exchange).
17126067? ago
Oh, I get it. Always has been to an extent, but they can only do so much. There comes a point where the thing gets a mind of its own (see: 2009-2013) and wankers in London can no longer control it. They might set the price but the traders take the markets wherever they take it.
17125491? ago
You niggers are still this retarded? Silver and gold have always been price manipulated. There was even an email scandal about it sometime around 2009. The price of silver and gold are set be bankers in the City of London every morning. Who runs the CoL?
17127489? ago
Silverprices are manipulated, no question. But we should be correct: The FIXING in London phone conferences ended in 2014 because of manipulations. Now there is an electronical system ruled by the CME (Chicago Mercantile Exchange).
17126037? ago
The point is they're not even trying to hide it anymore. BTW, you lose when you feel the need to start using slurs as part of your "rebuttal."
17127072? ago
Ppl don't realize free speech works both ways, you're free to say what you want and we're free not to bother listening.
17128855? ago
That's just the point..."free speech" and you choose slurs, apparently, because you have nothing of substance to offer. Thanks.
17128941? ago
Can always tell when you're dealing with a fake patriot, they can't feign sanity for very long and can NEVER help including the ad hominems.
17129882? ago
Thanks, fellow anon/Patriot. I've had a couple of REALLY good replies from ppl who know what they're talking about and that's what the point was....to get a GOOD discussion through all the noise and fakery and PROJECTION from the shills.
I'd thought it interesting that I actually called the breakout a week before Carter Worth of CNBC did, and he said the same things I did. Check it out...Dec 31st he did. I posted originally on Dec 26th. He's making a LOT more money than I am and I had the same conclusion but a bit earlier. This tells me I'm at least on the right TRACK as for the "chartology" aspect of it; nobody can predict changes in the underlying fundamentals and the effects thereof, not to mention the manipulations we ALL know is going on with the precious metals and with the economy in general.
In fact, a buddy of mine who trades for a living has been having mixed results lately because of the "political risks" he sees in EVERY market, so the shenanigans are apparently on the rise overall, even above where they were say just last summer. So it's not JUST the metals, it's everything. Makes me wonder even more, and makes me think the metals have an even higher ceiling. My own calculations say to look for silver to hit $168/oz ultimately, but that's based on the 12.5x multiplier from the LAST crash and I think this one will be even bigger, if the Federal Reserve system itself is brought under attack as Q claims it will be.
Heck....$12/oz, $15/oz....I think a buyer now at either level will be quite happy they did so within only a few years, if that. There's also Q's 3/19 date, which could well be yet another head-fake to "make the enemy expend ammo," but I don't think anything ABOUT 3/19 could be BEARISH to the metals.
I guess we'll find out in a couple of weeks. Maybe RBG will have "died" the previous night, who knows? Grab your popcorn, though.
Also, thanks for having my back. People have no shame these days. And I've never been a "gold bug" or whatnot; I simply see a rare opportunity in gold and especially silver and am not keeping it a secret. For this, the trolls and shills come out, but in the end, I'll be making more profits than they EVER will make from being paid by George Soros lol
17130182? ago
Thank you, all of your posts (in purple) are informative and spot on as far as I can tell.
A projector mentioned that the value is the same as 10 years ago as if it's a horrible investment. No currency tied to a central bank has held its value over the last decade, and investing in the stock market is just gambling in a rigged global casino where it's legal for members of congress to participate in insider trading, but not for us. If you do play the market, you also have to pray constantly that the secret game of musical chairs going on behind the scenes doesn't blind side and leave you with nothing.
Someone posts the X22Report here each day as it comes out, and so far things seem to be unfolding pretty much exactly aligned with his predictions about economic reset tying a new currency to gold (or something of intrinsic value)
17130405? ago
Thank YOU for your kind words! I just share what I can when I have some time and hope that the (relatively few) that want such info actually see it.
I agree w/stocks which is why I rarely dabble in it and haven't in years.
I LOVE the X22 Report. Dave's my "news blankie" every night I watch both episodes while I'm unwinding trying to get ready for some sleep.
"...thisIsEpisode1797aAAAAND....now let's take a look at the economic collapse financial and geopolitical news...."
If markets were honest, I'd have been a millionaire decades ago. But there's your reason why God is so angry with us...not because of market manipulation but because of the evil BEHIND it all....
17130460? ago
I sure wish it were safe and possible for us all to meet in person and discuss these things in depth! Hopefully soon.
17130523? ago
Maybe we'll all make a good profit and we can buy our own "Bohemian Grove" and have private meetings/parties...all on the up and up w/o any human trafficking or costumes or owls that sound like Walter Cronkite for real...talk about "These people are sick!"
Oh, reminds me...about 28 mins into Trump's speech at CPAC he referenced that....he said "These people are SICK!" Did you catch it?
17132890? ago
Sure did!
17125426? ago
Buy red pill stocks.
17126047? ago
What kind of red pill stocks you have on your list?
17127138? ago
RTN - Raytheon for one. I like things-that-go-BOOM!
17125319? ago
Watch the supply. Note how many mines are currently open. Check the action of the top 5 silver producers over the past 6 months (on the stock exchange). If it's manipulation, consider that smart money may have entered, and it's pulling back before it pops up again.
17127087? ago
Likely so JP Morgan etc. can keep buying it at low prices.
17129420? ago
A while ago I read that JPMorgan had bought a million oz silver, or something huge amount anyway. They could easily manipulate a quiet spot silver market with some of that and then rest easy, later. Silver is consumable whereas gold is mostly stored.
17129443? ago
Silver will always be necessary for industry. It's antibacterial and anitviral, has numerous uses and will always hold value.
17126014? ago
This is exactly what I think is going on. These trolls talking about the price being "fixed in London" is irrelevant. They could "fix the price" at a dollar an ounce, and buyers would come pouring in to raise the price back up over $1000/oz pretty much instantly, in a market replete with "bad fills" on bids. The trolls obviously have no idea what a bid and an ask are -- neither are "set by London" but "set buy buyers and sellers" while the markets are open. The "big money" is trying to pull prices down, as you said, and indeed what I was doing was "following" the smart money. The fact is that it takes a number of months for things to show up in price when the big players enter and become net purchasers...it's called the Commitment of Traders report, which the trolls likely never heard of. Interesting that during the shutdown, that report stopped being published. More obfuscation.
I've just been getting that "feeling" I've had in the past that the prices are like a helium balloon being held under water. I've seen it before, London or not, because I've seen the same things in other markets, too. Prices often will rise, fall back, regroup, then march upward for real. It's just more obvious what's going on these days than ever with the other things all pointing to higher prices.
17127510? ago
posted before: Silverprices are manipulated, no question. But we should be correct: The FIXING in London phone conferences ended in 2014 because of manipulations. Now there is an electronical system ruled by the CME (Chicago Mercantile Exchange).
17127277? ago
This last week, gold did a pullback from Pivot, to Support 3 (within .50 using classic key level formula). It couldn't get much more on the nose than that for a liquidity spike. Usually I only see that before an interest rate decision on a daily, gold just did it on the weekly... deliberately. So, something is on the horizon with big money in gold.
17128846? ago
You're meaning a 50% Fibonacci RT? Yeah I use that tool all the time on my better software but just don't have an active subscription right now. A buddy of mine is a trader, so I just look in on his every morning and have seen the same thing. I think silver either holds here and goes up or goes back below $15 to test $14.78.
I've also noticed over the decades that a big move is preceded by a "mini-move" in the same direction only to come down and re-test the lows before FINALLY taking off. This really smells like one of those times, given the dozens of OTHER things we have to look at, both technical and fundamentally, that points to what should be rising prices. Once the dollar rolls over, that's that "third leg" of the stool, and that'll cause things to really rip. The trick is in knowing exactly when.
17137073? ago
//+------------------------------------------------------------------+
//| Classical Key Level Formulas |
//+------------------------------------------------------------------+
/*********************************************************************
Calculate Support and Resistance
Formula Used:
R3 = H + 2 x ( PP - L )
R2 = PP + ( R1 - S1 )
R1 = 2 x PP - L
PP = (H + C + L) / 3
S1 = 2 x PP - H
S2 = PP - ( R1 - S1 )
S3 = L - 2 x ( H - PP )
Key
H - Previous Days High
L - Previous Days Low
C - Previous Days Close
R - Resistances Levels
S - Supports Levels
Fib is one, maybe it did work on fib, they're a general tendency to do that, because by nature the global economy "breathes", but fib is this:
R3 = PP + ((H-L)*1.000)
R2 = PP + ((H-L)*.618)
R1 = PP + ((H-L)*.382)
PP = (H + L + C) / 3
S1 = PP - ((H-L)*.382)
S2 = PP - ((H-L)*.618)
S3 = PP - ((H-L)*1.000)
17144460? ago
What is "PP" previous price? No link here...I do get the Fib stuff just not getting all the formulas w/o some more reference but I recognize those Fib levels for sure...and those first formulas I'm not sure what all the symbols refer to, exactly.
ie: R3 = H + 2 x ( PP - L )
okay, so L is previous day's low. H is the previous high. R3 I take it would be the 3rd resistence level of...what, that trading day or the Elliot wave or in the Fib sequence...?
or R1 = 2 (2 what?) X PP (what's PP?) - L (previous day's low)?
17144955? ago
PP = Pivot Point
R1-R3 = Resistance 1-3
S1-S3 = Support 1-3
All key levels are based on prior day. At the start of the day, you have no other information to derive from, it's a fresh candle.
Woodie formula will only have two R/S.
Camarilla will have R/S 4
Google: forex pivot formulas link
This is a trading staple on the Forex. You'll see it all over the place on the analyst sites, usually under the symbol analysis for currency trading pairs.
Also, USDCHF orbiting parity (1.00000) today, so keep an eye on gold, it looks like it may consolidate.
17148740? ago
THanks for the explanation. I kinda figured some were based on previous day's pricing but wasn't sure which was which. I haven't traded currencies before so that's likely why I am not familiar with it. All SORTS of tools like the pitchforks...pretty soon, people are gonna be brandishing the pitchforks instead of charting with 'em lol
thanks again I'll look some more at things.
17125183? ago
Interesting back in late december we had a breakout to the upside, as the gold/silver ratio started dropping. Had a quick reversal last week as you can see, meaning silver might well drop well below $15/oz again. I think it's a good buying opportunity if it was missed the first time as I got in around $14.30, but with central banks around the world buying gold in record amounts last year, I'm not seeing the fundamental reasons the metals are falling again. Perhaps people are putting money back into stocks. The dollar is relatively flat, so it's not a "strong dollar" so much since it's going sideways more or less. The longer this continues, I think the more explosive things will be to the upside once the DS lets go of the helium balloon from under water, but in the short term it's probably best to see where the dust settles.
AS AWLAYS, talk to a pro before doing anything. I'm simply observing markets and I hear Q saying "Gold will end the Fed" but from the price action, it doesn't look like it's in any hurry to do so. At least the breakout I called on Dec 26th was true as far as it went; it just didn't hold above about $16.20. Gonna be interesting to watch either way, for sure...
17127401? ago
Silver's been shorted for decades.
The rumors are our next reserve won't be any one metal but the 4 precious metals traded on comex.
If you look at the US mint they make:
50 dollars.If you use the inflation calculator that's about 99% accurate to the dollar's inflation to $50 back in Jan 1913.
The US mint also produces:
1 dollar.100 dollars.25 dollars.All signs point to a crash, and rumors suggest within weeks. Chrysler and Ford stopped giving monthly reports because they were touching double digit sales drops while they regularly predict growth and produce more based on predictions, and opted for quarterly reports as of December 2018.
Car manufacturers buy 75% of the palladium supply for catalytic-converters. When they release that the Q1 report and people see double digit decline in sales the forecast is going to drop and palladium will plummet.
The debt clock shows gold's oversold 101:1 on comex (meaning you can put $1294 and get 1oz but comex can sell that 1 physical ounce 101 times) and silvers oversold 192:1. When other stocks plummet people will move to metals and when people start collecting those metals the price can rise 101x for gold and 192x for silver. This is just the virtual fed dollars for people that don't want to hold in companies about to go under and have no assets only intellectual property.
Comex released rule 589 to control the rise of any precious metals in anticipation of this. Rises a certain percent too fast and they shut the market for X hours, on and on.
When palladium plummets the others will rise. By the US mint denominations, if gold's the standard to deflation and valued at 1294 in federal notes today, silver should be worth 1/50 the price of gold (or ~25.9 federal notes), palladium should be 1/2 (or ~647 federal notes), and platinum should be 2/1 (or ~2588 federal notes).
Stack accordingly because when the market crashes, which most people think is impossible because they're really never studied history and really like depending on the financial system, you can have $50k in Ford stock be actually worth 1oz of silver because the market is based on fed notes not US dollars.
17130489? ago
BTW is https://8ch.net/qresearch/res/4505448.html the/a page that "Q" reads or where we "post to Q?" I know it's 8chan someplace but not exactly sure where.
17129667? ago
Lots of great info here, thanks fellow anon. First, though, let me say that for every "short," there has to be a "long" - ie: for every seller, there has to be a buyer. That's how markets achieve equilibrium with constantly changing prices to reflect the amount of people wanting to sell vs. buy. Supply and demand.
I'm not so interested in coins/numismatics but rather silver content only, as premium always disappears over time.
I noticed the car monthly sales reports were announced they'd stop doing it each month after yr over yr sales were so abysmal. I got the impression they're going "opaque" because they indeed have a LOT to hide -- Millennials aren't buying cars or homes like previous generations, thus, companies like Uber and Lyft are surging.
I know about the Palladium in the cat-converters; however, remember that electric cars have no need for one so there's that to consider.
As for the "oversold" thing, yeah, I'm aware of that on the ETFs like the SLV/GLD are HORRIBLY over-leveraged, which is in part why I think prices currently "feel like" a helium balloon being held underwater. I've seen such before, and that was when silver wound up exploding upward by 12.5x. I think the multiplier could well be higher this time. I don't think it's SO important to get in at such a low price that you wake up and the move had started overnight and the price is no longer available, so being a buyer for the long-term at $15 or below looks like a great entry spot, if for no other reason all the support/traffic in the area the past 10 years. That's a LOT of price action to break below or above, and we just saw it happen to the upside. In today's political climate, I think it's highly unlikely to break out to go further down past about $13.50 than it is to retrace as it is now, summon up more "steam," and go higher for the real breakout, when it occurs. Not so sure about an economic crash being WEEKS away, but hey, in this crazy world, anything is possible.
You and I think alike in SO many ways, fellow anon. I noticed a while back, "Gee, this is odd. Platinum has ALWAYS been the most expensive metal; now it's not. I know Palladium is needed in catalytic converters, but car sales are waaaay down so what's keeping the prices so high there?" Also, I had the "electric cars" increasing production in mind and as I noted, they don't NEED "catalytic converteres" -- it's sorta the whole POINT in a "Zero-emissions" vehicle, where the "emissions" are done at factories making batteries and such, but none directly from the vehicle in use.
As for Q, I've been "aware" since about last May. BTW, long story/aside here, I think Gen Paul M Nakasone is DEEPLY involved in "Q" even if "only" for the cybersecurity aspect. He also happens to have Adm. Rogers' old job as head of the NSA, and I got a "psychic impression" that "Q" was "half-asian/hawaiian" and when I see things in such a manner, I'm always right at least so far.
https://imgoat.com/v/145998/election-me
I missed the E.V. total by ONE (304 vs the 303 I predicted) AND I was 100% right about the meteor. It's a gift I have. Alas, no such "visions" about metals pricing! Oh well lol
My point is Q's "predictions" aren't always accurate...."some disinformation needed"...and other "big things are happening by X" didn't come through but were "strategic markers" he says, in order to make the enemy "expend their ammo."
As far as 3/19, that might well be the date RBG "died" or something. Who knows? I just know I use Q as a tool much like I use the Fibonacci chart as a tool. It helps paint the picture quite a bit, but I don't put 100% of my chips on any ONE tool. I look at the bigger picture. This is why I bought physical metal, to smooth-out any "local" ups/downs affected or not by Q or anyone else.
When I DO see things happening in the "normal" sense, my issue is I tend not to be early but WAY WAY WAY early. For instance, around 2008, I sensed some bad event in the future that might affect the entire world, and started doing what "prepping" that I could, on my budget. Just spent $80 on some freeze-dried pizzas (10 packages of crusts, sauce mix, and mozzerela cheese) knowing I had 2 #10 cans of mozzarella cheese to help "dress it up" more. In a bad situation, "Comfort Food" can go a long way to helping stay off the big psychological lows that could happen, and I've been "prepping" ever since....even keep firewood in the shed (literally stacked floor to ceiling on two walls right now) just in case no power....I have a fireplace and have been using it. Even WITH power, it makes for a nice, cozy, warm feeling in the room as well as providing heat, so I burn the fireplace when the temps go below about 40 at night. It's a bit more costly than "just nat gas," but it does cut the nat gas bill in half or so. The cost of the firewood itself more than makes up for it, although I DID get a BUNCH of free firewood this year so it's probably about even.
Sorry to digress again, but was merely pointing out that I understand the times in which we live...at least well enough to know to prepare for the worst. I don't think buying silver at $15/oz is going to make anyone go broke but will make a nice profit simply by changing forms of fiat money into what's historically ALWAYS been "money." It's so funny that the haters/trolls love to talk shit to me when I post about silver but they never have anything to offer as an alternative, other than cryptos, which are WAY more volatile than silver even is. However, cryptos are based on math and "math" has no INHERENT value. It's a concept, not a commodity.
I also noticed the debt clock a while back saying silver should be at $697/oz...so it's probably somewhere close to that now as I last looked a few weeks ago. It's in the lower-right corner, just so you know I know the page.
I REALLY appreciate the thought, the facts, and the links you put into your response. It makes dealing with the trolls actually worthwhile to sift through to get replies like this, as well as a few others I've seen. I've never understood the need the trolls feel to go attacking people who provide FREE INFORMATION here. I mean, if they don't feel silver will rise, so be it. But why not? Instead of alternative explanations, they often use racial slurs, further showing their lack of intelligence unless they "guess right" and call me a WASP. Haven't seen them do that yet, so whatever.
One last tidbit -- the "natural ratio" of silver to gold is 17.5:1 as it occurs in the Earth naturally. This does not mean the prices should precisely reflect this, however, as the costs to mine gold and silver aren't the same. I'm also hearing that we might have reached "peak silver/peak gold" now -- much like the talk was back in the 90's or so about petroleum, but that was before fracking and other new technologies were developed and deployed. I suppose some breathrough in technology could make the mining costs for gold and silver plummet, but then again, they're "rare metals" not because of a dearth of mining technology, but because there's just not all that much around TO mine!
I am going to bookmark most of the links you gave me for future reference. Thanks much, fellow Anon! You've helped me re-think ignoring VOAT altogether. I think, seeing the trolls, we've all had the thought once or twice, but once in a great while, I run into someone who knows what they're talking about AND is polite and kind enough to share it.
You take care and have a great week! We'll see what happens on 3/19, but again...Q is also known for his "head-fakes" so we'll see what happens. I've also noticed a lot of times, what he said exactly one year PRIOR is what's really going on. "Gold will end the Fed" was what...like Dec 18 last year? Might it be the same this year? Might the "countdown to 3/19" be something, again, to cause the Deep State to "expend their ammunition" or is it the date of the FISA declas?
At least we'll find out in a couple of weeks. Hang on!! :)
17130242? ago
Think of who's behind it: how can they crash the economy and create a fake famine if people know how to insulate themselves?
17130311? ago
True, but they assume they have any credibility by acting and speaking like an angry 5 year old. Oh well. It's just that I've seen so much evil and ignorance in the world...as a kid I wondered "why is God so angry with us?" Then, I grew up and the question is "Why is God so PATIENT with us?"
Pretty much sums up the general state of "Humanity" these days. Thanks for being a stand-up Patriot!
17128530? ago
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17125181? ago
Just when you think it goes up, it gets whacked. Everytime. And the Gold/Silver ratio is ridiculous right now. Damn bankers.
17125893? ago
I was talking with a trader friend of mine and he says the political risk makes the markets almost impossible to trade these days. He's struggling, and his methods are quite sound. I've known him for 15 years now I think. He'll make a good trade then lose it on 3-4 trades that went bad for no obvious reasons.
You see, the deep state can only hide what they're doing to an extent...manipulation and shenanigans show up in markets as ripple effects of their tomfoolery. When Central Banks buy gold at a record pace over the last 50 years and prices go DOWN?
It means something ELSE is far more UP than we KNOW.
I got in an argument over "taking investment advice on VOAT" with an anon a while back. My issue wasn't with the statement. Oh, he was 100% right as far as he went...taking investment advice on VOAT IS a fool's errand. However, I laid out charts that I had analyzed, put everything into historical context, and even SAID to "check with your trusted pro" before doing anything, but I guess he missed over that part.
My "call" was on what turned out to be a false breakout, where you see the gold/silver ratio broke below support before turning right around and going skyward. Carter Worth of CNBC made the EXACT SAME CALL I made but only a week later than I did. Same reasons. So at least I'm in "professional company."
In my own OPINION...my opinion only...would be to WAIT IT OUT from here if you're not already in. I think if you sell below $15, you're gonna wind up selling low soon. Keep an eye on that gold/silver ratio for sure, but right now the technicals are just haphazard way more so than just a few months ago.
It tells me the DS is really desperate....so it's not all bad. ;)