Member Info for 5x5Croire

Like Rocket I'm watching the silver price! Sad!

All seems very controlled, nothing too dramatic. Like someone wants the price to glide up rather than spike.

Max, will we see another silver price rise at 1pm for a fourth day, who knows. I make it a 6.6% rise this week from $22.98 to $24.50.

Wouldn't call Keith Neumeyer a fanatic. He's built a great company. Just wants a fair market. Even has a direct bullion shop.

https://www.macrotrends.net/1441/gold-to-silver-ratio

Same for the last 3 days, silver rise before US mkts open.

Could be true that Elon Musk bought $460m's worth of silver. Or B of A. running short? So many possibilities - a perfect storm. Long may it rage.

The more you push a coiled spring down, the more it jumps when released.

https://www.youtube.com/watch?v=oXIJwULB0mE

Bank of America comment!

https://www.youtube.com/watch?v=oXIJwULB0mE

Comment about Bank of America, he says it twice!!

Patrick Karim predicts $58

Was this only yesterday's post Mike?

"5x5,
At the risk of deramping silver, in 6 weeks time it will not have moved that much. I seriously doubt it will hit $24.00 before 6 weeks. Sprtsman's bet if you wish. Even the FED have stated a price cap.
Happy to be found wrong of course. I've been stacking kilo bars of silver for a while now and it's in my interest for the silver price to rise, but I cannot see it happening."

Stack looking good!

Would be a good question for the Investor thingy.

Last time I looked, FRES - world's largest silver producer. Others are catching up, to meet expected demand for industrial use.
Silver always has more spectacular rises than gold.
“Gold is the money of kings, silver is the money of gentlemen, barter is the money of peasants – but debt is the money of slaves.” Norm Franz

Rio too "Pilbara shipments were also hit by labour shortages in Western Australia as the state shut its border during the Covid-19 pandemic."

Inflation will be a major driver of PM's, CPI 5.4% RPI 7.5%.

Lol BB, you may be gone in 6 weeks time - according to you, but no-one here believes this.

Never have been able to buy bars/coins anywhere near spot, but the price difference now is one of the highest it's ever been. Most small buyers of physical don't ever get around to selling it. I have some so called 'paper' silver, an ETC. - but it's backed up by 0.96% physical, have traded it several times, for profit.
£24 for a silver Brit. spot at £17.27, large difference.

Andrew Maguire said silver is currently the most undervalued commodity on the planet. Let's see where it is is 4-6 weeks time.

Odd though that it started to rise before the retail mkts were open, so the bigger players moved it this time. Watching to see were it goes from here, still rising atm.