Silver getting crushed today

No, the idea of smoke and mirrors being the basis of the economy might be scary to those who do not want to really learn about the various types of investing, and the rigor needed to participate. One saying should be prime, "Follow the money" and a person can learn how to do that along with those who will end up with the value ( however measured) and will be in the same category. But no one can do it with just stacking PM. Most don't even consider ever selling it unless someone is dying, and even then it may be hard. If one venue of investing starts to fall, shift to another, and continue to do so. Or find someone a person trusts and pay a fee based on performance. I have nothing against bullion, stacking, etc., but you have to be extremely lucky , or be a bullion dealer to make money . And even then some fail.

 

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Perhaps. I've been alive a pretty long time too but it just seems so different today. I always thought that 'hard work' and 'investments' mattered. People matter. Today? Not so much. Quick profit, low wages and more profit seem to dominate everything now more than ever. I used to think it was bad to screw people out of money and bad for the future to rape and pilfer. Seems that is the norm today. I mean, who knew that filing bankruptcy and screwing people over would become an admirable trait to make it a way to become President of the US? It certainly seems that line of logic works for the moment. Who knew? Certainly not me. I seem to remember when ACTUAL hard work really meant something. No more, I think. Screw your neighbor. That's what matters. So, I'l go back to known values (like metals) for now at least.

 

Well it obviously works for you and you seem to be ahead of the curve and that's the way it will always be to a large degree I'd imagine. I just don't know what means anything anymore. 'Investment' seems to be 'quick profit', further meaning screwing over some other sector of the general public. I guess I'm just whining and jealous because I don't get it. Seems different today though. That's all I can say.

 

Ford had their Insta-Clear from 1986 onwards which also was a thin layer of Silver layered in zinc oxide. which of course was sandwiched between 2 layers of glass and vinyl. From 1974-86 they had this same thing but with gold. Of course, you pay a premium for it.
==> https://en.wikipedia.org/wiki/Quickclear

But then maybe VW is using it to lower the emissions from their diesel cars?

The VW info was published this past Wednesday. ==> http://gizmodo.com/volkswagen-put-an-invisible-layer-of-silver-in-its-new-1791624687

so .. not quite sure why there would be a 2 day delay in sudden spike of Silver due to VW.

apparently this isn't the first time VW has a windshield solution ==> http://www.gminsidenews.com/forums/...s-frost-anti-fog-anti-icing-windshield-97740/

 

i
Speculators are not always up to date. I only mentioned the windshield as a reason for the price spike because there didn't seem to be any other news that might have explained the rise in silver when gold was pretty stagnant.

 

edit

 

Smoke, mirrors. Who actually knows what games the 1% is really privy to (except for obviously the 1%ers). Market manipulation on a very large and exclusive scale I'd imagine.

 

As a different opinion, the time when manipulation is occurring, you will see drastic changes in the margin accounts of individuals who are playing with options/futures. Most of these are online day traders. When a trend up or down starts, it usually plays out, but when a very large number of Joe common stackers think, (I want to get rich and am being left behind) starts believing the "Back up the truck" slogans and buys retail, then the commodity houses who make their money off of the paper trades starts getting worried about the huge number of contracts for buying and few to sell. So they increase margins to equalize, if it escalates, they increase, increase, and most of the daytraders don't have the liquidity so they drop their contracts, leaving the 1%. Mean while Ag may hit 30 and more (stackers/get rich quick) jump in and the dealers have to increase their premiums, and the cycle continues, until the Daytraders/paper traders fold, and the stackers/bullion traders are left at the peak, and things crash. When commodity contract margins suddenly change, stackers should be aware of it, and get in quick and get out even quicker to make some profit. But again most do not sell, preferring to hang on another 20 years before it happens again. IMO Jim

 

That sounds fairly logical coming from an amateur perspective. I only think of stacking and bullion collecting as a general, reasonably tangible and relatively safe way to 'invest' so to speak (for the average Joe if you will). As an amateur, I see very little that is tangible in the long term. I primarily see quick profit, short term 'investing' by large corporate conglomerates. As an amateur, I feel the rug has been collectively pulled out fro the average Joe, leaving only the very wealthy and the big corporate players. I no longer see purpose in long term investing in whatever realm corporate America says we all should be engaged in. I see the relative same thing that day do only on a much smaller scale. I see quick profit, taking for the sake of taking and investing in nothing (certainly not anything requiring anything long term). I realize the wealthy corporate mega profiteers will always be wealthy and that's just the way it is. Unfortunately, I think the leaves America as a whole largely insolvent and apt to crumble altogether. There is no 'future' any more. There is only quick profit at the expense of whomever happens to be the victim of whatever dogma the corporate entities 'claim' that is good. I see nationwide destruction. I see short term gains for the very few. That cannot be good for the country, and we now have a President (without getting political) that endorses utilizing bankruptcy, screwing people out of their hard earned work result and mega profit for those only that can afford to play. That leaves out most of America now more so than at any time in our history (in my humble opinion). Consequently, I see PM's as one of the few remaining tangible things that the 'average Joe' can participate in at all. I think pm's are obviously manipulated and undervalued, not aligning at all with the cost of actual, average Joe, day to day living. That's why I see PM's as all the poor man has to grab hold up because everything else has been either outsourced, destroyed or otherwise sold off for those few that can play. The disconnect is most glaring today with current 'corporate' attitudes more than ever. The country is destined to fail horribly and I see nothing of any value that the aj can grab hold of. It has to go up and the pyramid scheme HAS TO CRASH, and it will. So, grab hold of something tangible is what I say and watch the crash. It'll happen, and soon. Our leadership embraces it and the middle class can't take any more and the corporate profiteers show zero signs of either wanting or being able to slow down for the overall country's sake. Depression is a foregone conclusion and unfortunately history always repeats itself. This bubble is primed to burst.

 

Where did you find that analysis?

 

One of the financial sites, which one I cannot remember.

 

edit - sure wish there was a delete function as sometimes this isp messes up.

 

That's called a sideways market, which seldom lasts for a really extended period. At some point, something will give and there will be a definite trend up or down. That goes for any investment market.

 

well I think I found the reason for the spike in Silver on Friday.
With the tweet / or signing or what ever about trade with Mexico, I searched for silver mining operations in Mexico.

Low and behold I found out that we are *heavily* reliant on importation of Silver from Mexico. And thus if you impose a 20% tariff on all Mexico imports ... viola.

I found reference to that in this article that I also found after I checked for mining ==> http://www.silverdoctors.com/silver...osing-20-percent-tax-all-imports-from-mexico/

here's the original reference I found, which the article above copies a bunch of the text/photos from ==> https://srsroccoreport.com/why-is-the-u-s-importing-so-much-silver-bullion/

and ==> https://srsroccoreport.com/u-s-continues-to-import-record-volumes-of-silver/

Thus if the 20% across the board tariff on all Imports comes to fruition, then expect Silver to keep going up *until* we resupply from another country. Then expect it to drop back down. Or if the tariff never comes, expect it to drop conversely like a rock.

This was another article that led me to the 20% tax ==> http://www.marketwatch.com/story/no-your-avocados-probably-wont-cost-20-more-2017-01-27

 

"silverdoctors.com". LOL

 

where as Mexico is *not* a top gold producer though listed as #9 (5x less than China), thus gold prices were not as adversely affected ==> http://www.worldatlas.com/articles/top-14-gold-producers-in-the-world.html


Though the US (#4) produces enough of it's own gold, more than Mexico (#8) ==> http://www.mineweb.com/news/gold/golds-top-20-mines-miners-and-countries/

 

looks like another run up. 20% would take us up around $20/oz before the runup.


What's really interesting is methods on bypassing direct import taxes. For instance, what if Mexico send to Canada, then to US. NAFTA still has free movement to Canada. And if a Canada company bought then sold to the US it all comes down to how much lower than 20% would they skim off the top. maybe the Bahamas .. or Cuba. Could make a mint outside of the US just buy buying/selling Silver to the US market.

 

It's remaining pretty flat so far today at 17.11 right now. Anyone know of events, news, etc. that might change it this week?

 

I'd say Greek Bonds
but everyone wrote off Greece's economic impact a long time ago. It was every time someone mentioned the word "greece" the markets would go into a dizzy. Now no one even flinches.

Well see though as if people connect the dots to the ECB and their selling of debt bonds to various banks. We'll see if those banks can afford more losses.

 

Pop again .. I think we're looking at $20ish as the stopping point .. or not, who knows in speculation.