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Replies: 2,784 / Views: 88,881 |
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Bedrock of the Community
United States
11898 Posts |
SLV rose into the close, albeit slightly. Looks like it is rising modestly again in after hours trading.
IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS THE MAN IN THE ARENA, Theodore Roosevelt at the Sorbonne Paris on April 23, 1910: " It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat." My coin website: https://fairfaxcoins.com
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Bedrock of the Community
United States
36841 Posts |
$70 might be the new floor. We shall see what happens this next week with China's restrictions. Where are LBMA and COMEX going to get all the silver they need?
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Pillar of the Community
United States
2477 Posts |
maybe they can dig for it themselves while wearing ankle bracelets.
watching the overseas open? I've been waiting for it. silver up a dollar+ in the first half hour.
so it looks like the margin hikes & overnight repo pumps & the kitchen sink are being thrown at silver to keep the price down. at the end of the day, they still can't print silver. the clock is ticking.
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Bedrock of the Community
United States
11898 Posts |
The price of silver in China is up $2 to $73 as I write this.
IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS THE MAN IN THE ARENA, Theodore Roosevelt at the Sorbonne Paris on April 23, 1910: " It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat." My coin website: https://fairfaxcoins.com
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Bedrock of the Community
United States
11898 Posts |
In the overnight market, the SLV etf is up ~2.5%.
IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS THE MAN IN THE ARENA, Theodore Roosevelt at the Sorbonne Paris on April 23, 1910: " It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat." My coin website: https://fairfaxcoins.com
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Pillar of the Community
 United States
5862 Posts |
Over $75 in overnight trading, currently back down to $74.87.
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Bedrock of the Community
 United States
25478 Posts |
I don't expect to see any major changes today or this weekend - holiday hangover.
Inordinately fascinated by bits of metal with strange markings and figures
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Bedrock of the Community
United States
36841 Posts |
Banksters did an excellent job keeping silver under $75 last night. Lets see how well they do when China opens back up Sunday night. Any truth to the numbers coming out of Japan $130oz and South Korea $97oz?
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Pillar of the Community
United States
924 Posts |
Quote: Any truth to the numbers coming out of Japan $130oz and South Korea $97oz? Where are you seeing that?
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Bedrock of the Community
United States
36841 Posts |
Multiple sources on YouTube. International Stacker mentioned it and he has been pretty good vetting things.
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Pillar of the Community
United States
2477 Posts |
I'm seeing the same higher numbers everywhere but USA.
bankers need a taste of their own medicine. i'll bet they probably wouldn't like having their funding cut.
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Pillar of the Community
United States
1126 Posts |
Quote: I'm seeing the same higher numbers everywhere but USA. Seeing the same, starting with Shanghai being higher last week. Now Japan and others. It appears the US spot price has disconnected from the rest of the worlds spot price. Not only that, but also the US paper silver price also has a spread well below physical silver. Something seriously wrong. Quote: bankers need a taste of their own medicine. i'll bet they probably wouldn't like having their funding cut. I wholeheartedly agree. The problem now is that the "too big to fail" Banksters (AKA Gangsters) are reportedly receiving "stealth bail outs" from the Feds, totaling in the hundreds of billions of dollars, to save them from bankruptcy.. This is being done quietly and in the form of huge cash infusions, one I saw was allegedly on Dec. 31st for 75 billion. The last 2 cash infusions allegedly happened in conjunction with the last 2 margin call increases on silver. I saw a graph showing how many times the Feds have injected billions in cash to the banks over the past few years. There were practically none in the past couple of years. Until you looked at the latter half of 2025. Then you see a spike with dozens of these transactions. No doubt all of it is related to the run up in silver. The banks / shorts are trapped, and getting crushed by this squeeze. So yeah they appear to be throwing everything plus the kitchen sink at it.
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Pillar of the Community
United States
1231 Posts |
So if silver is higher everywhere else then won't those countries just buy all the silver they can get from this country where it's cheaper. Causing an even bigger problem for all the short positions.
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Pillar of the Community
United States
2477 Posts |
is there anything left for them to buy? if the big vaults are emptying/empty, what's available? if overseas retail starts buying from USA, that would be noticed somewhere. I'm sure we'd hear about from certain sources, but supposing that happened, wouldn't that quickly drain retail outlets here? inventories might be dwindling, or low, but not depleted... not yet, anyway. in USA, retail has not yet caught on. maybe it's just starting to, maybe not. what troubles me is the big push to get retail going. the bankers are aware of everything that we are aware of-- and they're in possession of things we don't know, always five steps ahead-- so it stands to reason that they are aware of retail not in the game yet. are they pushing the entire game until it finally just shatters? what are they going to foist upon us when that eventuality comes to pass? Quote: it occurs to me that the best way to hurt rich people is to turn them into poor people. -Billy Ray Valentine, Capricorn.
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Bedrock of the Community
United States
11898 Posts |
Quote: So if silver is higher everywhere else then won't those countries just buy all the silver they can get from this country where it's cheaper. Causing an even bigger problem for all the short positions. After the CME finds that hiking margin rates isn't working anymore, they can further change the rules of futures contracts to force cash settlement as the only option. Once delivery is no longer required, there is no mechanism for the silver price to be squeezed because of fails to deliver physical. That is the next move. It won't matter that all physical silver sold heads to China to be made into solar panels, EV batteries and AI data center components, because that's where they are all manufactured anyway. They have the ability to pay the most for silver and they have the highest and best use for the material. If China chooses to be petulant like we are here, they can say that they are no longer willing to buy silver from the U.S. because we finance genocide and refuse to sell us critical components for weapons, solar panels, EVs or components critical for AI data centers for the same reason. Then what? One thing we learned in 2025 is that China doesn't need to sell in the U.S. to grow their economy 2.5x faster than ours. China supplies the whole world. The U.S. cannot supply our own domestic economy.
IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS THE MAN IN THE ARENA, Theodore Roosevelt at the Sorbonne Paris on April 23, 1910: " It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat." My coin website: https://fairfaxcoins.com
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Replies: 2,784 / Views: 88,881 |