Silver getting crushed today

Discussion in 'Bullion Investing' started by Soiled, Apr 1, 2016.

  1. HaleiwaHI

    HaleiwaHI Active Member

    If it's going up this fast in this short of time, why not wait till $35 and you'll settle for $32 :D
     
    GoldFinger1969 likes this.
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  3. panzerman

    panzerman Well-Known Member

    I have always collected AV coins, which are worth 5-10X bullion value. Gold is very rare and still undervalued. I heard a expert state that it should be at 10K+++ an oz.
     
  4. GoldFinger1969

    GoldFinger1969 Well-Known Member

    Anybody saying that is NOT an expert. :D
     
    baseball21 and slackaction1 like this.
  5. abuckmaster147

    abuckmaster147 Well-Known Member

    See What ya did You Jinxed it !!!!!
     
    hchcoin likes this.
  6. -jeffB

    -jeffB Greshams LEO Supporter

    Oh, look at the old thread I just found! :troll:
     
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  7. longnine009

    longnine009 Darwin has to eat too. Supporter

    It would be hilarious if silver beat everything else this year. "...for the loser now will be later to win for the times they are a-changin'..." Bob Dylan



    I have some ideas for Bob's harmonica.
     
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  8. panzerman

    panzerman Well-Known Member

    Silver used to be at 8-1 vs gold/ its got a long way to go yet.
     
    longnine009 likes this.
  9. Gilbert

    Gilbert Part time collector Supporter

    I’m a bit surprised to see silver over $61, but still plan on buying a roll of 2026 ASEs.
     
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  10. longnine009

    longnine009 Darwin has to eat too. Supporter

    AI says that silver mining stocks are performing exceptionally well in late 2025. Maybe there's some truth to pigs flying if it's windy enough. :troll:

    I still want the metal in my hands.
     
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  11. Mr. Flute

    Mr. Flute Well-Known Member

    Um...yeah...I don't think we need an AI to tell us this.

    If the commodity's market price is surging, I would simply assume the company value of the commodity's producer is going to do well too.
     
  12. Mr. Flute

    Mr. Flute Well-Known Member

    For sure, it's not that costly in nominal dollars and if you have the spare funds..why not?
     
  13. longnine009

    longnine009 Darwin has to eat too. Supporter

    Who's "we?" AI, so far, works for me. And so far it's free so I'll use it. Assumptions about Silver have never worked for me except perhaps for a 15 minute time line. And even then it feels like Lizzy Borden is sneaking up behind me.
     
  14. longnine009

    longnine009 Darwin has to eat too. Supporter

    It just crossed $63. I'm gonna laugh my butt off for an hour if silver closes the year ahead of everything else.
     
    -jeffB likes this.
  15. -jeffB

    -jeffB Greshams LEO Supporter

    It's probably just in a hurry to get to 6-7.
     
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  16. longnine009

    longnine009 Darwin has to eat too. Supporter

    I hope it hits a hundred. I hope it squeezes the grease from the bones of silver haters who might be shorting it just for all the years they spent mocking it.

    Unfortunately, this looks, to me, too much like the Hunt Brothers days.

    But then everything does. I'm from S. Florida. We invented the con job so that's what everything smells like to me.
     
    Last edited: Dec 11, 2025 at 12:20 PM
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  17. Mr. Flute

    Mr. Flute Well-Known Member

    boo.
     
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  18. -jeffB

    -jeffB Greshams LEO Supporter

    Hey, the sooner we olds start saying it, the sooner it'll die.
     
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  19. Heavymetal

    Heavymetal Supporter! Supporter

    My high school class…1967
     
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  20. GoldFinger1969

    GoldFinger1969 Well-Known Member

    Just because there are short positions -- even large ones augmented by "weird" inventory or paper positioning -- doesn't mean a short squeeze is imminent.

    There are so many OTC derivative hedge products and so many ways to mask a short position that there can be very few NAKED SHORTS or squeezes that materialize.
    We haven't seen anything like that with silver....you've had folks/click baiters/promoters/scammers saying silver might double or triple in a day or a week or some other outlandish prediction. It's never happened and is highly unlikely to, either. Even if it did happen, for most of us, it's an UNINVESTABLE event -- one so small in probability or so far off in the future that it's not worth investing in for the expected payoff (like betting on an asteroid hitting Earth).

    "Silver haters" add liquidity to the market and enable Silver Longs to move the price up in a more orderly manner. You shouldn't bash them. They might be short one product and long another (i.e., short the physical metal and long paper). In other words, net even. You simply can't say they are bad for the market or the price.
     
  21. longnine009

    longnine009 Darwin has to eat too. Supporter

    Thanks. Sorry you wasted your time. I'm a hard headed "Kraut" who is never going to change his mind about anything. Just ask @GDJMSP if don't believe me.

    And I hate silver haters and their pompus, guru- like comments. I'm going to piss myself laughing if they get hammered in some way.

    BTW, it's silver haters I hate not shorts because they're shorts. I liked Jesse Livermore. He was a successful short until he shorted the upper part of head with a revolver. Made a big mess for the poor bathroom porter.
     
    Last edited: Dec 13, 2025 at 12:26 PM
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