Member Info for DrJamain

https://www.youtube.com/watch?v=ipBT714zRuw

Hinkley - true but if silver holds around $26 then the uptrend from Dec 2020 remains intact. We'll see.

...the last time the SP was at these levels the silver price was sub-$20.

Connexion - give it a rest

JMT - point taken.
I was between meetings and rushing and was trying to suggest the debt situation is improving. Otherwise the outlook is good for me.

You just have to look at the long-term chart vs. PM prices, factor in debt reduction, stabilised production with a positive pipeline, FIAT currency dilution, inflation...this will rebound.

Another day in the bargain basement trying to squeeze hope from the holders.
Not selling at these prices so nothing to do but wait.

Not much to say - in deep and waiting.

We'll see on that - there's lots of paper out there to control the market.
However if silver holds from $26 and gold from £1780 that looks very nice on the chart and the uptrend continues.

DBNO - not today, I am not that clever :)

CHRI55 - on 3 occasions recently I have tried to buy at the day's low and not been able to.

Got my hard hat out this morning expecting a drop well into the 700s. If this holds 800 it will be a result.

BTB - 'The Fed is not there to serve the American people. It exists for the sole purpose of enriching it's owners. Nothing more: nothing less' - Well said. We are witnessing theft on a global scale.
'Let me issue and control a nation's money and I care not who makes its laws' - Amschel Rothschild

I currently average 890, topped up at 828 today, will add more if gets much lower.
Anyone else?

Another day in the bargain basement with the SP disconnected from PM prices. We must be nearing capitulation by now:
https://thestockbandit.com/capitulation/

I agree Bonker, a waiting game from here. GL

Now gone in deep on Cey and Fres: inflation is PM's friend, Basel 3 to come

perma.bear - obviously nothing is certain in this world (death and taxes excepted!)

However inflation is coming, the ballooning Fed balance sheet shows a sea of dollars chasing whatever goods are available.
https://www.federalreserve.gov/monetarypolicy/bst_recenttrends.htm

Historically we have had the option of producing our way out of this type of mess but that is not in the plan this time - the types of production we have hitherto relied on are not 'green' enough. The central banks have the global economy in a trap and the best hedges against massive dilution are PMs, tangible assets etc.

The central banks may tinker with yields and JPM may play the derivatives markets to suppress PM prices but, in the end, they will run out of fire power. At that point we will do very well.

Inflation coming, dollar being diluted to oblivion, a storm is coming - nice setup for PMs. Added to Fres and Cey today.
Patience will be rewarded.

Yes, any average in 800s should do well, topped up again at 868p