Message:

<p>[QUOTE=&quot;jtlee321, post: 6173312, member: 73983&quot;]Funny thing is, a few weeks back, I got the silver bug again.&nbsp; After years of being into Numismatics only.&nbsp; I started into silver stacking through bank mining back in &#039;09, but really ramped it up in &#039;10.&nbsp; I sold all of my holdings on the back side of the peak.</p><p><br /></p><p>Fast forward to a few weeks ago, the thought of the current President being elected, made me think back to the Obama administration.&nbsp; Silver spiked not long after he was elected.&nbsp; I knew that Biden would be more of the &quot;Meet the new boss, same as the old boss&quot;.&nbsp; So I set a short term goal of accumulating more silver.&nbsp; I met my goal last Thursday.&nbsp; Then I heard about all this Reddit stuff and well, I was glad I followed my instincts again.&nbsp; I&#039;d really hate to be trying to buy silver with an $8.00 - $15.00 per ounce premium.</p><p><br /></p><p>Moral of the story, this kind of run is not hard to foresee.&nbsp; When the dollar is being printed and spent like it&#039;s Monopoly Money, it&#039;s time to convert that Monopoly Money to something that is REAL money.&nbsp; The signs could not be broadcast any louder throughout the world.&nbsp; The only way to miss it is to be an ostrich with your head constantly in the sand.</p><p><br /></p><p>This is just the beginning of this wild ride.&nbsp; I think this is where we will see the true separation of the paper from the physical.&nbsp; The price of SLV is what you see on the ticker, the price of SILVER is what you see at your local dealer and online dealers.</p><p><br /></p><p>The powers that be can manipulate the price of the ticker all they want to suppress the paper value.&nbsp; But, just try to buy an ounce of physical right now at those suppressed prices.&nbsp; I&#039;ve been watching customers coming into my local dealer since the beginning of the year wanting to buy silver.&nbsp; I know it&#039;s been going on since November.&nbsp; This last weekend was a booster in the arm for the physical market.</p><p><br /></p><p>I know someone will come out and say that there is TONS of physical in vaults.&nbsp; When that physical is put out onto the market, it will be absorbed like it water being poured into a sponge.&nbsp; I think these premiums are going to act like a yo-yo for a while. At the end of it all, we will see the true price of silver, and it won&#039;t be a number being broadcast from an exchange...</p><p><br /></p><p>(I, in no way claim to be an expert in the exchanges.&nbsp; I am simply using logic to draw conclusions to what &quot;I&quot; feel is going to happen.&nbsp; I could be wrong, I could be right.&nbsp; You have to come to your own conclusions.)[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in