Silver Is On A Tear Today

I’m sure it will go up in trading on Sunday night. This week silver and other PM’s were on a tear-downward.

 

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I just like my sisters and I were taught when getting in the car.
Get in, shut up and hang on!

 

I don’t remember driving you and your sisters anywhere.

 

0PPS......... these two morgans I bid on and won don't look as pretty now... PD 130.00 SHIPPPED a few days ago...

 

Don’t worry about it. The price will go back up soon enough. I’m still selling silver coins but not as fast as I was. I sold a nice Morgan a couple of weeks ago for $85 but I do have my antique shop.

 

Less C than 24 hours until the market opens.

 

A little over 15 hours to go. It should be interesting with the dip Friday to around $67 and the threat Iran was given.

 

Silver is continuing to drop.

 

Gas on an upsurge......

 

We could be on the verge of the largest oil disruption in history. If so, all bets are off.

 

I can see $5 per gallon for heating oil. Not sure about gas prices but there was a considerable jump in the last couple of weeks. Do we know who's to blame?

 

Talk of that is forbidden here. The more fuel rises the more silver will fall.

 

Actually, because the markets are so irrational, I might pick a price well below $50 to back up the truck. Maybe it will be $40ish, or even lower. Word going around is that the markets have not fully priced in the stuff that we need to be careful about here - again, sticking to silver... it's very sensitive to black swan type stuff.

 

Or orange swan

 

The news literally changes by the hour, so the markets can collapse and then skyrocket in the same day. So the news that I won't get into is supposedly good as of now... literally just now some news broke*... but if history is any indication the markets are unlikely to remain calm. We are in uncharted territory... so, it seems, good news is a bit of a positive for silver... although in the long run it is very responsive to monetary debasement. I'm limiting this to silver here and I am very confused because it's just not possible to make sound financial decisions when the trajectory of the economy or even global peace shifts by the day and even the hour.

*Apparently this news is being denied by a party involved, so all of this may be an effort at using psychological manipulation to keep energy prices under control for the time being.

 

I wasn't planning on buying any silver unless a pink flamingo is seen
Looking at the charts now and again, anything is possible

 

I am trying to allocate funds into the market, and the shifting news by the hour is very difficult for me - not impossible - because I'll strategize to minimize the effects of volatility, but imagine what it's like for small and large businesses trying to hire people, thinking about investing in infrastructure, etc. You need some stability to make sound financial decisions, so you have an idea about your ROI. Silver, for most of us, is a long-term investment, but we still must decide entry points, unless we DCA. We have a moving target right now. Anyway, we must be positive.

 

I continue to be surprised that influential corporate interests aren't hammering this point more forcefully. Never mind us peons.

 

I just have a hard time believing anything that is said in Washington, they tell so many mistruths white lies. Iran says no DIALOG at all about opening straits. YOUR GUESS, does the flamingo got to be pink

 

Let's try to keep the topic to silver. It's hard because I am trying to make investment decisions, and the volatility cost me some Benjamins this morning, so it's not unnecessary or unrelated the way the topic veers a bit... but let's keep things straight.