Is It Time For Silver?

Like Lord Voldermort...It's the name that must never be uttered.

 

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But gold will set record highs while silver struggles at $20 or do we were told.

 

silver idiots

 

Silvidiots. ROFL

 

Or at least turning on the bathroom fan.

 

Last year, the platinumbskull told me silver was going extinct.

 

Haha

From November 29, 2019, after I said, "I'm betting big on silver in '20."

 

Monster 7%+ day lads! Correction tomorrow or $30?

 

Meh, it'll be a Friday. If there were a local show coming up, I'd be looking to sell quite a bit, and that would virtually guarantee at least a 10% drop.

Next show (that hasn't yet been canceled) is the weekend before Thanksgiving. Let's see where PMs are at that point...

 

I think it will increase just not that much until next week. That's when I expect $30 per ounce.

 

Always be on the lookout, I think these 2 silver rounds may be counterfeit.

 

I see $30 silver by tomorrow morning. May dip below that again while in New York but overseas it's exploding every night.

 

A lot of people know when to jump in, very few for when they should jump out. Better hedge it with options. IMO, Jim

 

Using options is inherently difficult and probably beyond most people's comprehension.

Better to just hit the old SELL button.

Don't want to sell YOUR coins and bars but convinced silver is going down ? Short SLV or buy a non-leveraged reverse silver ETF (if there one or only leveraged vehicles; don't like those !).

 

We're at $29.53 on the futures, could be there tomorrow morning !

 

Huh, that's an interesting take on Metal Men cosplay.

 

The Dollar is rallying today...so PMs are falling in relation.

 

What happened to platinumskulls rule that silver always has the lowest increases compared to any other market ever

I clearly remember him saying that.

 

I'm sure he'll come around for a victory lap tonight if silver caps its 20-25% gain for the week with a 5-6% loss today.

...oh, dear, looks like platinum is taking an even bigger hit today than silver. Perhaps he'll take the weekend off after all.

 

IMO, gold closing ABOVE $2,000 for the week (and off the Friday lows) is the key technical achievement this week.

A few years down the line, we could look at the splitting of hairs of buying gold and silver at today's levels -- or 5-10% lower OR higher -- like those "suckers" who paid $120/oz. for gold in 1975 as opposed to under $100 where it had been for months once gold was allowed to float.

'Cause when gold moved to $600 and $700 and $800, nobody cared about "overpaying" by $30/oz.