Silver getting crushed today

Discussion in 'Bullion Investing' started by Soiled, Apr 1, 2016.

  1. longnine009

    longnine009 Most Exalted Excellency

    How is what working out?
     
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  3. Brian Calvert

    Brian Calvert Active Member

    Trading with the imaginary Friend... I guessed that who you are referring too. Your word turns up only one other time online. You used it way back when when referring to trading to a really really gullible person. Outside of that, I have never seen it used
     
  4. Brian Calvert

    Brian Calvert Active Member

    If your willing to take a long shot on a GOLD mining corp. consider SSRFX..
    Long way from producing GOLD, sitting of 4.1M ounces. As GOLD goes into the 2k - 4k price it will take off. As will many of the small mining corps. sitting on an undeveloped mine.
    Price and value increase exponentially... I bought GOLD / AUY only 3 months ago and both up near 40%. If what should happen to fix the worldly Fiat mess, GOLD and anything GOLD or SILVER should make many a millionaire...
     
  5. Brian Calvert

    Brian Calvert Active Member

    Do you have a definition for "Lumpentariet" ?
     
  6. Kentucky

    Kentucky Supporter! Supporter

  7. longnine009

    longnine009 Most Exalted Excellency

    I believe the word was coined by Bill Bonner for sheep or herd.
     
    Last edited: Aug 28, 2019
  8. longnine009

    longnine009 Most Exalted Excellency

    Actually I think the best definition would be the "Jerry Springer class." If I wanted to get out of silver, I can't think of better people to sell to or a greater service rendered to Darwin, than to sell the top in physical silver to a bunch of pork rind eating lumps watching day time talk shows who heard something about silver between swigs of Boonsfarm. And are too hazy and too lazy to do any research for themselves.
     
    Last edited: Aug 28, 2019
  9. desertgem

    desertgem MODERATOR Senior Errer Collecktor Moderator

    And where is SSRXF registered?
     
  10. masterswimmer

    masterswimmer Well-Known Member

    2k-4k price for gold? So you're seeing gold reach prices never ever seen. Ever. Even on the low end of your forecast. And basing an investment recommendation on those prices? I'm rushing to my broker as we speak.
     
  11. itm389

    itm389 Member

    I wanna know where this guy got his crystal ball at
     
  12. -jeffB

    -jeffB Greshams LEO Supporter

    "Registered"? If it were registered, They could Keep Track Of everyone who ever bought or sold it! No, if you want to buy SSRXF, you'll need to come out to the ranch and pay in hard money. Come alone.
     
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  13. mlov43

    mlov43 주화 수집가

    Isn't it "lumpenproletariat?"
     
    Santinidollar likes this.
  14. Prez2

    Prez2 Well-Known Member

    I've found the easiest way to find out about that is to simply ask if they have any available. The answer will be evident based on how much or how little they show you. None usually means they're holding onto it and plentiful means the inverse. That's been my experience.
     
  15. Santinidollar

    Santinidollar Supporter! Supporter

    We’re too late, Jim. They’ve already sold 500 percent of their stock.
     
    -jeffB likes this.
  16. desertgem

    desertgem MODERATOR Senior Errer Collecktor Moderator

    Well the charters and candlestick makers seem to not like the downward trend, although some people say you can make more money as others lose theirs. No one said they sold any significant. Buy it because it shines and is pretty, if you must,. but do not plan to get rich quick unless you work for JPM :). IMO, Jim
     
  17. longnine009

    longnine009 Most Exalted Excellency

  18. EdThelorax

    EdThelorax Well-Known Member

    Fake news from tinfoil hat wearing conspiracy nuts.
    The FTC or was it SEC? Assured us all that there is no manipulation. Back when Tes Butler made a public spectacle with the same accusations.
    If there was any wrong doing, it was a few rogue traders, and JPM will pay a hefty fine of a couple million.
    There is nothing to see here, everyone go back in your houses and enjoy some television.
     
    longnine009 likes this.
  19. GoldFinger1969

    GoldFinger1969 Well-Known Member

    The old "high production costs or junior mining company" has leverage to the gold/PM price is a bit tattered and torn, IMO.

    While I do think a move to $4,000/oz. on gold would move the stocks, unless it is happening in a compact time period, a nice up move in gold is unlikely to really impact share prices. Too many other moving parts that can negatively impact the shares as happened in 2010-12.
     
  20. slackaction1

    slackaction1 Well-Known Member

    The Oil Shock!... could it spike silver or gold or will have any effect..ASKING..
     
  21. GoldFinger1969

    GoldFinger1969 Well-Known Member

    Not unless sustained...and it depends on what happens to the Dollar and inflation and the Fed.
     
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