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Replies: 7 / Views: 1,000 |
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Pillar of the Community
United States
765 Posts |
First off I don't believe any "outage" nonsense. The COMEX took silver offline because it was running outside of their control for the first time so they just took it off the board until things cooled down but its not going to matter in the long run. History will record this, and record this day as the start of the horse running wild due to market pressures and 5 years of supply not meeting demand. Right now how can one even trust the powers behind the silver commodities trade ? And last week I sensed a disturbance in the force and came out saying under $50 floor silver will also be regulated to history. I mean who knows where all this will end ? I sure dont, but I sure did sense it and with what money I had available bought 10 oz RCM's for $523, the same ones starting at $593 now, and more likely over $600, if you can even find them. The same day I scraped up enough to buy gold at spot, a 1/2 oz Canadian commemorative for $2,033. I wanted two which would have given me an oz of gold at $4,078. Today gold finished at $4,219 and today I have the cash to make a move but theres none to be made. Its been an incredible day and no matter what the future holds it will be a day worth remembering. IMHO It was the day we've been waiting for. The day silver has finally run free. Edited by Silverskunk 11/28/2025 5:38 pm
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Pillar of the Community
United States
2284 Posts |
In my humble opinion the silver riggers will keep doing it as long as they can. Paper trades far outweigh the real physical silver per ounce. Some years ago J P Morgan was fined something like 800 million dollars for spoofing the silver market, a few of their brokers went to prison. The government department that oversees commodity trading is The Commodity Futures Trading Commision CFTC, most if not all of them have worked for the big banks and brockage firms. There's supposed to be five members of the commision and their staff.but currently only one member is serving. One person protecting us LOL.
Edited by livingwater 11/28/2025 7:38 pm
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Pillar of the Community
United States
2530 Posts |
Quote: the silver riggers will keep doing it as long as they can yep, which pretty much means infinitely because no one is stopping them. Quote: One person protecting us not doing a very good job, or anything at all. I guess that's just an optics thing.
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Pillar of the Community
United States
1671 Posts |
Says more abut the dollar than it says about silver.
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Bedrock of the Community
United States
36916 Posts |
CME had three pauses during the day. Each time they reopened the price went higher. Their old plan of a market pause is like tossing gasoline on a fire now. The world demand for physical silver is going to crush the paper market. We are in historic times.
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Pillar of the Community
United States
2530 Posts |
Quote: Says more abut the dollar than it says about silver. yes. Quote: CME had three pauses during the day. Each time they reopened the price went higher. Their old plan of a market pause is like tossing gasoline on a fire now. The world demand for physical silver is going to crush the paper market. sounds a lot like roaches being stomped on, which I am for. silver tried to go bananas, but some cockroach somewhere pushed a button and stopped it. if anyone still thinks the markets are not manipulated..... the average joe/josephine, the worker, the stacker, the collector, all get thrown under the bus so that the already obscenely wealthy can become even richer. that $800M fine? a drop in the bucket that the roaches gladly coughed up (wouldn't surprise me if that 'slap on someone else's wrist' was taxpayer funded somehow) and they just went right back to manipulating. it did literally nothing. they threw everyone a rotten bone by sacrificing a low-level chump or two. i digress. from here on, I plan on buying as much silver as I can. the price doesn't matter. silver's going to triple digits. probably relatively soon.
Edited by MrPink2018 11/29/2025 4:39 pm
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Bedrock of the Community
United States
36916 Posts |
Banksters don't care about the fines for manipulation. They pay hundreds of millions in fines while they make billions in profits from that manipulation. The system is broken.
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Moderator
 United States
191130 Posts |
Quote: Says more abut the dollar than it says about silver. For what it is worth, the Euro & Pound charts looks the same. 
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Replies: 7 / Views: 1,000 |
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