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Replies: 2,826 / Views: 91,286 |
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Pillar of the Community
United States
1133 Posts |
I'm trying to find the quote but to whoever it was that said "Hold on, the next 3 months should be interesting"  Judging by what we just saw happening this week: CME COMEX managed to skate by the March contract deadline with just enough Silver to make deliveries. Thanks in part to the shenanigans that conveniently erased 31,000 contracts and the rolling over of 10,000 contracts into May. Numbers are off the top of my head, could be off, but you can do the math. So now the crisis got conveniently kicked to May, but the same problem persists. More paper contracts are due in May than what is actually available to be delivered in May. I think that Eventually they'll run out of shenanigans and will have to pay the piper.
Edited by Harry213 02/27/2026 10:55 am
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Moderator
 United States
190135 Posts |
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Pillar of the Community
 United States
5869 Posts |
As we near the $94 mark, it looks like my prediction from this morning is proving to be accurate! 
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Pillar of the Community
United States
1133 Posts |
Quote: For the trader's on here that can interpret charts and know what this means, and how to setup for it: Silver will either make a higher high this week or a double top.  It's official Silver broke above the $93 ceiling AND made a Higher High today. You know what that means!!! The Silver bulls are winning!!  LONG Silver, Long live Silver,  
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Moderator
 United States
190135 Posts |
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Pillar of the Community
United States
1133 Posts |
Quote: But it is critical that the move to $93+ occurs prior to any break below the $85-$84 bail out zone or "look out below" price. That was close. It really gets my goat how close we came to breaking through the $85 floor yesterday (remember my vampiric mosquito blood sucker pattern showed how close)  But seriously though, Silver would have crashed into the 70s... And it would have just been a big "Whoops, did I do that?" Another "Steve Erkyl" moment, for the pranksters at the CME..
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Pillar of the Community
United States
1133 Posts |
Quote: Hold on these next 3 months should be very interesting. Thanks jbuck for helping me find the quote Credit to I6609 for the quote I referenced earlier, he is definitely holding some valuable insight and analysis into what's happening.
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Pillar of the Community
United States
1133 Posts |
Okay are you ready? Everybody, on a count to 3, on 3 we're gonna ram Silver through the $103 resistance level, just for good measure, and also to spite the banksters running the CME of course... Then we'll sell it off, back to $95, after 3pm, book the profits and party this weekend. And we'll do it again on Monday. Ready on 3... go... 
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Moderator
 United States
190135 Posts |
Quote: Thanks jbuck for helping me find the quote My pleasure.  Quote: Ready on 3... go... 
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Pillar of the Community
 United States
5869 Posts |
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Pillar of the Community
United States
1133 Posts |
Quote: At which point, silver immediately drops to below $93... Hey, Someone wasn't pushing when I said GO...  Oh wait, someone better go check the CME website and see if they posted anything about some "unforseen glitch" occurring that caused them to "unfortunately" have to "cancel a few Buy contracts", out of precaution, so it doesn't happen again. 
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Moderator
 United States
190135 Posts |
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Pillar of the Community
United States
1133 Posts |
A close above $92.015 today would seal the deal. Regardless though, it was a good day for the silver bulls. Though it is unfortunate that Silver was cheated out of 2 potentially great days. Instead it got 1 day of recovery and 1 day to play catch up.. No thanks to the "glitch" on Wednesday.. But hey, in defense of the CME, sometimes in life ya got to pull a Tonya Harding vs. Nancy Kerrigan move on your opponent.... By tapping them below the knee with a baton, and handicapping them in order for your team to win...  I know all my Gen-X brethren remember that one right?.. 
Edited by Harry213 02/27/2026 4:45 pm
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Moderator
 United States
190135 Posts |
Like it was yesterday. 
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Pillar of the Community
 United States
5869 Posts |
Edited by barryg 02/27/2026 4:17 pm
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Replies: 2,826 / Views: 91,286 |