Run on Silver May Collapse Markets Within Weeks

[Okie RP fan]

Bought some more physical silver. Not much - the prices and delivery times are nuts. Even the run in 2008-2009 doesn't compare all that well to what's going on right now.

 

[oyarde]

I could be wrong but I'm expecting metals to move up tonight , tomorrow and the next day .

 

[Meritocrat]

[h=2]Senate Passes $1.9 Trillion Stimulus Package; House Plans Tuesday Vote[/h]
Very likely that spot gold and silver have bottomed.

 

[oyarde]

[h=2]Senate Passes $1.9 Trillion Stimulus Package; House Plans Tuesday Vote[/h]
Very likely that spot gold and silver have bottomed.

I think its time for them to blossom

 

[oyarde]

Dealer wholesale purchase price on Silver Eagles has hit the magic number of 35 3/4 this morning pushing any retail price over 39 assuming ten percent mark up. Spot in the paper market is 26.30 . If you take 26.3 and add 50 percent your getting close to an Eagle. So physical is 50 percent more than the paper market .

 

[oyarde]

Proof silver Eagles rose to 67 doll yesterdays on the sell price to wholesalers pushing wholesale purchase and then retail to around 82 or more than three times the paper market.In 2019 you could buy Proof Eagles from the mint for 50 and 5 shiipping if I recall . Thats 33 percent inflation in 1 1/4 years .

 

[devil21]

Anyone who was behind the Ron Paul revolution or end the fed should be all over this push to squeeze silver. This is not just about making money, though you will make money if you buy and hold silver. Wall Street Silver is gaining a thousand members every day and they are set to run #silversqueeze billboards across the country.

It's amazing to see people so smart yet so dumb at the exact same time. Smart to see the value of holding physical silver but (very,very) dumb to post pictures of their large stashes on a public forum where their identity is surely not secure. Somebody needs to teach them about boating accidents...

 

[Brian4Liberty]

It's amazing to see people so smart yet so dumb at the exact same time. Smart to see the value of holding physical silver but (very,very) dumb to post pictures of their large stashes on a public forum where their identity is surely not secure. Somebody needs to teach them about boating accidents...

https://www.reddit.com/r/Wallstreet...0oz_for_boat_tripgot_these_lovely_2oz_queens/

 

[Meritocrat]

Senate Passes $1.9 Trillion Stimulus Package; House Plans Tuesday Vote


Very likely that spot gold and silver have bottomed.

This was a pretty good call. Just one day early. I'm looking for a squeeze to $70 by July. Some banks to fail if/ when this happens.

[h=1]8 Remarkably Accurate Predictions (Biggest Yet To Happen)[/h]

 

[oyarde]

Proof Silver Eagles at 69.50 sell to price wholesale now. Dealer wholesale purchase price on a roll of 2021 silver eagles with shipping is 38.56 ea and add ten percent your at 43.00 retail. Uncirculated common Morgan dollars cannot be purchased under 44 now. Proof Gold Eagles to wholesaler are now 365.00 over spot . Carson City common GSA dollars are bringing 260 Wholesale. Proof silver eagles are about the same now as when silver was last around 50 .