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Silver Price is Heavily Manipulated. Should be $80 to $150 an ounce Today
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<p>[QUOTE="Mach, post: 1995963, member: 72305"]This was posted 1 year back:</p><p><br /></p><p>No silver left in town!</p><p><br /></p><p>Look at all the central banks around the world buying physical. Look at all the hedge funds buying physical. They are not buying SLV. The RETAIL investor is messing around in SLV. The smart money is buying physical.</p><p><br /></p><p>Look at University of texas that just took delivery of $1 billion dollars worth of physical silver.</p><p><br /></p><p>I went out today hoping to pick up some silver and there was very little silver to be bought. One shop I went to had only 15 1-oz rounds and 1 100-oz bar.</p><p><br /></p><p>Another shop, only 10 to 15 oz of silver. They said alot of people came in buying last week. One guy said he ordered last week and hoped to get more on friday. Another said it was a 2 to 4 week wait to get 500 ounces.</p><p><br /></p><p>Anyone else having problems getting silver in their town?</p><p><br /></p><p>Just called sunshine minting. They are so backlogged that they are not even taking new orders. I asked when they might take new orders and they said SEPTEMBER! Thats just to ORDER, not even receive it!</p><p><br /></p><p>So yeah...its good to stay away from where the retail investors are going, just make sure you know 100% where those retail investors are.</p><p><br /></p><p>Sunshine mint produces so many thousand ounces per week. Of course somebody is going to get them, but the fact that any one of us calls and tries to pick up 1k oz of silver, we absolutely can not do it. What this says is that all the big firms are buying up so much of their silver, they can not meet all the orders so they cant take any new ones until maybe september. This is also shown the limited supply when you go to the local coin shops and they cant pick up the silver. Of course the big guys will be the last to run out of silver and then thats it...demand will push the silver prices to insane levels.[/QUOTE]</p><p><br /></p>
[QUOTE="Mach, post: 1995963, member: 72305"]This was posted 1 year back: No silver left in town! Look at all the central banks around the world buying physical. Look at all the hedge funds buying physical. They are not buying SLV. The RETAIL investor is messing around in SLV. The smart money is buying physical. Look at University of texas that just took delivery of $1 billion dollars worth of physical silver. I went out today hoping to pick up some silver and there was very little silver to be bought. One shop I went to had only 15 1-oz rounds and 1 100-oz bar. Another shop, only 10 to 15 oz of silver. They said alot of people came in buying last week. One guy said he ordered last week and hoped to get more on friday. Another said it was a 2 to 4 week wait to get 500 ounces. Anyone else having problems getting silver in their town? Just called sunshine minting. They are so backlogged that they are not even taking new orders. I asked when they might take new orders and they said SEPTEMBER! Thats just to ORDER, not even receive it! So yeah...its good to stay away from where the retail investors are going, just make sure you know 100% where those retail investors are. Sunshine mint produces so many thousand ounces per week. Of course somebody is going to get them, but the fact that any one of us calls and tries to pick up 1k oz of silver, we absolutely can not do it. What this says is that all the big firms are buying up so much of their silver, they can not meet all the orders so they cant take any new ones until maybe september. This is also shown the limited supply when you go to the local coin shops and they cant pick up the silver. Of course the big guys will be the last to run out of silver and then thats it...demand will push the silver prices to insane levels.[/QUOTE]
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Silver Price is Heavily Manipulated. Should be $80 to $150 an ounce Today
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