Member Info for ducatiman996r

@badnewsinvestor

Don't be surprised if the price drops after the update even if it is positive. The one thing we know is that the last quarter figures will be based on a silver price way below what we all believe is coming.

Often the news is already priced into the SP already. Sell on news is a trading adage that seems to be adhered to quite frequently.

@Captainswag

Hopefully not but obviously possible. The recovery from the bottom is far less of a whipsaw than the previous 2 recoveries.

I wonder if the banks are at last nett long on silver.

One more day like today and my miners portfolio will be back in the black having held all positions throughout the mayhem. Been topping up on the dips so now have a tidy holding in miners both UK and on the yankton.

If you look at the chart right now it looks ripe for another smashdown but fingers crossed.

Chart looking a lot more normal now. Good to see silver climbing steadily but we could still see another smash down.

Strike123

Me too! got my average down to much nearer the current price.

Jeez, how petty can it get? Surely most people reading and contributing are grown ups who are just exchanging ideas?

Tell me where I suggested that the company I mentioned was a good buy.

I clearly stated that it is highly speculative!!

Anyway, back on topic, did anyone else have a top up on the slight dip this morning?

@futurehire

Hardly ramping is it? Others have mentioned other companies and gone into great detail, I merely asked if anyone else had bought into the company which I clearly stated was very speculative. How did you decide that mine was the post to report out of all the replies to the original question?

Very much a speculative one but has anyone else had a cheeky punt on Richmond Hill Resources LLC?

Looking like spot silver could open slightly above Friday close but both March and April futures lower.

Gold spot slightly above Friday close

Hmmm, very interesting . IG weekend has a massive spread compared to weekdays but people are still betting it higher.

Silver currently up 1.85%

Gold 0.91%

Bitcoin 2.62%

We won't know until 23.00 today and it could obviously change by then.

I have found that more often than not the markets open pretty close to the IG numbers.

Not sure if any of you use IG? They have a selection of shares that you can bet on over the weekend while the markets are closed. It can give a bit of a clue where they could be when they open again.

Currently both gold and silver are above the price they closed at on Friday.

@JMAX

"The system is rigged - paper silver a derivative - impacts the price of physical silver....."

The fake paper price will see miners holding onto stock while it is suppressed below what they can get elsewhere. Comex is inevitably going to be investigated over what went on last week. The magnitude of the activity was too big to hide.

Do you believe that the price of physical silver is not going up from where it is today?

@Futurehire I really only use this forum for a bit of chat and insight into what other people are thinking, not interested in the additional stuff you get with the subscription as I have alternative means of monitoring what is going on.

These blasted adverts jumping all over the screen are a right pain, didn't get to finish my previous post..........

I watched a video last night of two actual people, not AI bots and what they said has put my mind at rest over the long term success of our mission to see a substantial rise in the share price of our mining shares.

Basically they were saying that for holders of physical metal and/or mining company shares, none of this wild, manipulated silver price activity matters.

It doesn't matter that it dropped from 120 to below 70 as these Comex figures have no relevance to the actual value of metal and mining shares at the end of the day.

Q4 figures calculated on metal values at that time are irrelevant as going forward those prices won't apply. Miners aren't selling anything at the crooked Comex prices and are probably holding back as much stock as they can ready for the inevitable price rise.

We are still only a week from the initial smashing of the metal prices since which three more blatant manipulations have taken place to try and shake out paper contract holders who are going to stand for delivery. Yesterday's being the most savage. It was carefully timed so that we couldn't top up mining shares at the bottom of the dip. In future if they do smash it down again during trading hours I will bet short and top up shares wherever lower than my current average. When it swings back o will put on long bets and once the price is significantly higher than the dip sell the equivalent number of shares that I bought in the dip. The more times they run the scam the better off we will be once they have burnt out their ability to scam us.

No more worrying about the share prices in the interim, just buy in and hold.

Just had a look at the IG Index weekend markets and both gold and silver are well up on yesterday's close, that could change before open on Sunday night obviously but the real irony here is that the only way that Comex cam get a resupply of metal is to allow their phoney price to go up!

Have a good weekend folks, this is all just starting!

I watched a video of two

Odd that you would sell today? This is just the start, we need to be ball deep in miners right now.

Precious metals, copper and particularly rare earth.

This is just the foreplay, the main event is yet to play out. We need to but in and hold through all the noise and be patient for the massive upside potential.

Have a great weekend.

Changing to platinum from silver makes perfect sense platinum was only $2,900 per ounce today.

I'd just love it to be cheaper than silver.

Good finish for silver at just under $78 today, a nice steady rise with no smash down. I'd take a few more of those next week!

A lot of the upside took place after Fres had closed so if silver opens and holds up on Monday we should see some more gains here.

Not sure what the silver was tracking today? Crypto recovery? Massive rise of over 1,000 points on wall street? US banks recovering from yesterday's drop?

As far as the delivery on Comex I think some get confused about what is going. Traditionally only a small percentage of the contracts stand fir delivery, some settle in cash while others roll over to the next contract period. Currently an unprecedented 90% are calling for metal, which is totally unsustainable from deliverable stocks.

Miners aren't going to sell at these depressed prices and the other silver in their vaults is stored for third parties. They won't release it at current prices so basically Comex has shot itself in the butt by ramping up the margins to help trash the price for the banks to get out of their short positions.

Bottom line, my take on it is that the only way to sort things out is to let the price increase.

Just my views but I'm old now and pretty clueless.

I think grok may be unaware of how many contracts are actually standing for delivery now that people are aware of the shortage.

Traditionally only a few take delivery but that is a generalisation that doesn't apply at the moment.

Seems to be working now.

I think the sale is a pretty good deal to free up working capital without a placing. It made people a bit jittery to start with but seems to have been accepted now.

I'm wondering if the big rise at the yankton open today might be linked to the massive upswing in Wall Street?

It has been interesting to say to see the silver price climb steadily without as yet the daily slam down. Gold is back to nearly $5,000 and silver done really well.

I'm also into Pan American silver which hit break even this morning, I've a way to go yet with Hecla as I bought before the big slam down and have held right through with a fair bit of paper loss.

Hopefully the scumbags who have been manipulating the silver are being investigated and prevented from doing it again. It is absolutely fraudulent but before long the shortage of physical silver will get us a proper price.

Trying another reply.