Silver getting crushed today

Exactly my point of view. I'm not buying a shred of silver I would have any plans to sell. Set continuation only.

 

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We'll never know so long as corporate criminals continue to manipulate the price. If they stop manipulating and playing with the numbers, perhaps we could answer that question.

 

Sheesh. This again?

 

QE may have caused inflation to the extent that it kept us out of slipping into deflation. That point has been and will be debated until the end of time.

 

Yeah, prime example .. OIL .. ooh ... there *may be* a storm headed to the Gulf of Mexico .. so prices shoot up for gasoline even though stored supplies are at a peak. And a slow reduction in price, aka windfall profits, taking weeks to recover back to what it was.

 

+1

 

So here's where silver was at ten years ago today, before the credit crisis and QE. It was around this price in December of 2015 as I recall. Do you think it's worth even less?

 

What I know is that silver prices are and have been manipulated. The actual worth MIGHT be known IF it were allowed to settle out naturally. So long as it IS manipulated however, what we will always see is an ARTIFICIAL price. It's a form of wealth control carried out by the same crowd that perpetrated the collapses. What silver is actually worth is anybody's guess. I'd suspect much higher since they go to such great lengths to control it in the first place.

 

That was pretty darn close to when I first started to buy silver and search Halves.

 

To me, that's getting close to a "real price", but maybe $10-$12. Everything above that is speculative fluff.

If you look at silver supply and demand, absolutely the ONLY sector where demand is on a growth curve is coins and medals and bars. Everything else is flat or down. Stackers are the tail wagging the demand dog. Marketing has conned stackers into buying an asset that otherwise would be collapsing.

 

What ?? Market may have ur panties in a wad... but were having fun stacking and unloading at different times... making a little now and then. no harm no foul but u don't thats kewl tooooo...

 

So silver/gold is manipulated down ?

That's a nice trick .. if you use a simple supply/demand model in order to suppress valuation you have to increase supply to bring valuation down ahead of any increases in demand. Neat trick.

Of course we have seen that recently in oil. But only for a short time. Then OPEC tried to bring the price back up thinking they "pushed" out the newer suppliers. Only to find out as they push the price back up, the New suppliers reentered the market as the price went above their breakeven.

So the manipulators have to keep a large steady supply of silver to the market to keep prices suppressed. They must have quite a supply stored up. With that much supply they should keep it off the market to manipulate it up instead. I think they'd make more money.

 

I think what tommyp was getting at is that when the currency gets devalued, the manipulators drive up the price of everything to recoup their losses. But I'm not in his her their head. I know the price of everything is rising faster than inflation though.

 

Except fuel and milk and I'm sure their are others.

 

You have to follow/analyse the entire lifecycle of a particular product to understand it's pricing, product currency exchanges ... excluding profits.

Yes prices have been going up .. but that's normal. people want raises, feed increases, gas/vehicle depreciation/taxes increase, mergers/acquisitions decrease competition, etc.

If it's shipped to the US then we know that largest shipping container company, Hanjin, went bankrupt recently. Which decreased the amount of supply of ships. So ....

You have to analyze everything ...
A lot of the things that I buy the prices haven't risen. But I try to not buy things that are made in China. And the more short term consumer based products you buy the higher price fluctuation you'll get into ... I think, I don't pay attention much to the things I don't buy.

 

Not buying something made in China is tough. Those products pop in here, there and everywhere. For all I know, this I-phone came from there.

 

Yes it's very hard especially if you are a heavy consumer of short term / low valuation products.

There's even many food products from China. Just look at Apple Juice. I only buy 2 brands of apple juice (meijer & indian summer) as most are from concentrated apple juice from China, a lot of processed fish, shrimp etc
even canned peaches

But if you read labels, you can avoid many things.

My GE washer and dryer I just bought are made in USA. Even though GE just sold themselves to a Chinese company.

 

Eww!

 

You comprehend much better than some here, believe me. Manipulators dictate the price. They control the paper (that non-existent fudged numbered paper creations). You've heard of the shell game, no doubt? There's a reason pm's sit low while everything else goes up and up and up. It ain't rocket science. It's controlled, manipulated, and JP Morgan is being sued for exactly that now. Ficticious numbers right off of their own balance sheets, no doubt. Criminals conducting corporate fraud, I mean 'business'

 

I don't think Queen Elizabeth had anything to do with this.