Silver Is On A Tear Today

@Heavymetal

Me waiting for tomorrow to sell...

 

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It seems it's coming for sure I have been watching this set of vids from YT informative for a layman like me.The advice at the end trading your investment for what I have already planned... to pay off the house...if it goes to high enough.

 

That’s really neat!

 

Urgent CFTC emergency meeting this Thursday at 9AM.....Not Good

Something Wicked this Way Comes.
Rule changes, laws being changed, Margin Hikes, servers overheating........

 

Thanks CN, the premium was high, but so are all the others

 

Looks like the futures traders (and ETF buyers like me) have overwhelmed the the PM markets making orderly industrial hedging impossible. Expect 20-30% drop in spot. I stepped away from the table, again. Put 15 ASEs on CL for $55
Deja vu Hunt Brothers 1980

 

But let's wait until after I sell tomorrow.

 

A first APMEX for me shortage..........

 

People with a lot more on the line than me apparently aren't panicking. No big move down in the market yet.

 

Around the world owners of billions (trillions?) of dollars are realizing that 1)the US government is incapable of reducing its deficit, 2)the fed will monetize said debt, and 3)the value of those dollars will drop. This is a totally new paradigm that requires action, so to expect the silver price to respond as it has historically when the price shoots up is probably wishful thinking.

 

I'm holding. I have plenty of time to ride it out. I'll add on any major dips, if premiums haven't tripled.