Silver getting crushed today

Neither. It has just the right amount in it.

 

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Somehow I thought you were gonna say that.

 

Mnunchin wants a weak dollar in his latest statements .. so the dollar index is going down which tends to have an inverse relationship to PMs. And not only the US market is applying this, but the foreign markets have led the way.

 

Is it their silver or are they storing it for ETF's?

 

here's a Good (maybe, maybe not) article I read on JPM's Silver
https://www.goldbroker.com/news/jpmorgan-comex-silver-vault-specific-peculiarity-1157

 

Me Either.
But I don't use a glass. I use a mug.

 

Nice photo of aluminum ingots.

 

So, equities down, gold and silver up sharply -- why?

 

because equities are down.

and Gold/silver is reacting to the US Dollar Index.

 

Perhaps, but nobody with a camera is allowed near JPM's silver - so it serves as a visual reference for just one of many aisles of the depository

 

Aluminum is a highly valuable metal - for creation of foil hats alone. Without them, metal true believers would be having their brains scanned constantly.

 

why don't we (US Mint) make AAEs .. American Aluminum Eagles !!
1oz, 5oz, 16oz, and 1/2 & 1 ton bricks.

 

Reynolds larger and larger foil rolls. With the really big one you get a cardboard hat form. Wholesalers buying in bulk get an AM radio with which to listen to “Coast to Coast”.

 

What about people that frequent bars and liquor stores? Drinking and Derringers may be a more lethal combination than Pot and Pistols.

 

And I thought silver was a hassle to store.

 

Let's diversify in to Cu also shall we? J/K, but I do know a guy that was an electrical contractor and he did do just that. He bought thousands of feet of it just for an investment. I think he just decided to use it on one of his jobs in the end. He was speculating though.

 

no free shipping with those. They might only be say $1200 for 1/2 ton and $2400 for a ton but you'll pay through the nose in shipping costs. Need a larger safe too.

 

They can use the design for the Amazonian pattern. And put Bezo's face on the reverse.

 

Dollar Index goes lower ... Gold/Silver goes higher

uh-oh ..
"Dollar turns positive after Trump says it will strengthen with economy" ==>
https://www.marketwatch.com/story/d...mnuchin-defends-weak-buck-comments-2018-01-25

and thus a strong US Dollar Index ...

 

Alas, the daily yo-yo effect.