Silver Is On A Tear Today

Not yet I'm still sorting out what I may want to sell

 

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I have no concern about my valuables burning or being stolen in the dirt bank that they're in.

 

Out of the way of mudslides? No organized criminal gangs of moles or rabbits?

 

LOL. The local coyote police force keeps those thugs in line.

 

Back over $80 now.

 

I told you all to take your heart meds

 

Algos buying it all back. Could shoot up tomorrow. This is fun.

 

Fun watching you guys battle it out... Maybe they got their heart meds mixed up with another med? Starts with V?

 

If your retracement lasts more than four hours, seek immediate financial attention.

 

Currently right around last Friday's close.

Which, you'll recall, was up over 10% from last Friday's open.

 

There is a good possibility that some of the banks that were caught short could possibly go under. Rumors will be swirling around soon.

 

BUY !! BUY !! BUY !!

Before it hits $800 !!
LOL

This is quite the soap opera

 

What do you mean short? A loss? It's happening all over in the restaurant business here anyways. They're falling like flies in the winter!
Hopefully only in FL.

 

It’s goes up and it goes down. Just like a yo-yo.

 

Short and Long are positions.
Longs bet on the price to rise. Shorts bet on the price to fall.

 

I guess that's why I failed Economics. You learn something new every day.

 

I'm sure dealers and trade groups talk...communicate.....my LCS said his refiners are hedging on COMEX...even a dealer can probably do a 95% effective hedge (maybe more) shorting SLV if they are afraid of buying a bunch of (junk) silver and then having the price fall bigtime.

It was alot more difficult to hedge in the 1970's and even the 1990's. Limited products...financial news sparse....high commissions/trading costs.