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 Replies: 68 / Views: 8,461 |
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Pillar of the Community
United States
500 Posts |
It just might Leon.....  |
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Pillar of the Community
 United States
586 Posts |
Banksters are still sitting on sizable amount of short position again gold and silver. Stop stacking! Much lower prices are ahead.
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Pillar of the Community
United States
6478 Posts |
Quote:
Much lower prices are ahead. But are they? |
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Rest in Peace
United States
2668 Posts |
IF the stock market suddenly takes a Shiite, the banksters may have to cover their positions and liquidate something.
IF they don't have access to 0.12% money....
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Pillar of the Community
United States
964 Posts |
If it goes under $13/oz! Will it bounce back or will it free fall? Quick someone give me my Magic 8 Ball!!
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Pillar of the Community
United States
586 Posts |
Swap dealers covered some shorts; but still heavily net short:
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Long Short
26,442 42,133
This is net short of 15691 contracts; considering each contract has 5000 oz. (My calculation shows swap dealers still net short 2451.7 tons of silver!)
Last report, their net short was 3700+ tons; indeed some improvement but not enough. Silver price may continue to go down, until Thanksgiving; by then, probably the net short can be roughly gone.
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Pillar of the Community
United States
7390 Posts |
Leon, APMEX has the Saratoga 5oz on presale now for $87 +/- |
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Pillar of the Community
United States
586 Posts |
@Cascade, I am waiting for ANY QUANTITY special; not AS LOW AS price  Have some patience, better prices are ahead; as usual  |
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Pillar of the Community
United States
7390 Posts |
So this isn't a good deal? You think there will be a lower price? They've up'd it $5+ now. Do you think a better price will show from another company doing a presale in the next few days? Usually these pucks only rise in price from presale
Edited by Cascade
11/17/2015 3:04 pm
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Pillar of the Community
United States
586 Posts |
@Cascade, It seems you like the ATB 5 ozer a lot.  Truth is, whenever you bought a company stock which you loves, that stock tends to fall in the near future. So I try very hard NOT to develop any emotional tie to my investment. I am waiting for Silver spot to hit $13.7 area and look around for special promotion; if there will be ATB 5 ozer, fine; if there's not, anything else is okay too. |
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Pillar of the Community
United States
7390 Posts |
Not really. They just seem to hold their value and are much less effected by spot swings. If I did't care what I bought it would be generic 5 or 10 bars. I like a good price with quick gains and picking the right semi-numi can do that. Generic can't really
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Pillar of the Community
United States
586 Posts |
Looks like we're heading to $13.X area next week. |
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Pillar of the Community
United States
586 Posts |
Banksters were still NET SHORT on silver till Tuesday; according to today's released silver COT report.
Hopefully Silver spot will reach an interim bottom, by next week; Banksters are NET LONG gold already.
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Pillar of the Community
United States
586 Posts |
Silver spot @13.98 as I am typing now; wow! Time to stack some. |
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Pillar of the Community
United States
964 Posts |
I hit a couple of Pawn Shops. Got a few Morgans for $14 a piece. Not bad, not so long ago those were going for $35 a piece.
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Replies: 68 / Views: 8,461 |
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Posted 11/12/2015 8:13 pm
