I preordered a couple 5oz bars that are supposed to ship a month from now. You think monument metals will cancel my order if silver goes up? I'm poor, pls don't judge the small order
so yeah the banks or whoever they are just trading fake paper back and forth, right? Once that ends the price is going to climb The question I guess is will it end and how long can they keep up this bullshit game
I mean you could be me. Only 45oz of Silver and 2 oz of gold. I have about 5k in cash, but don't want to spend it, it's my emergency fund.
Henry Rivera
Yes. They use SLV to do it, where there are 500 owners for each paper ounce. But so many people are now demanding delivery on the COMEX, that they are going to have to back off and let the price keep going up. As we saw when it went from $19 to $24 almost instantaneously. $30 silver is coming soon. They do these sudden paper-dumps to frighten people, and slow the process a little, but the climb is inevitable. When the COMEX finally does default, SLV will get delisted, and the investors will lose everything.
Blake Ramirez
Guys, I have an issue in that gold looks incredibly fucking delicious to me, whenever I look at a bar I just want to eat it, I’ll start nibbling on a little corner before I can stop myself. I don’t know how long it’ll be until I chomp into that delicious caramel and tear off a big chunk. What the fuck do I do bros
Juan Stewart
Put it in your butt for safety.
Bentley Martin
yah but that was 3 years ago. We don't have much time left you know
>2oz of gold 1oz of that alone is still more than my PM wealth
Christian Morales
wise choice. Accumulate, but never blow your emergency cash fund, set aside a certain amount per month, have a slush fund on top of that to BUY THE DIP™ if it ever happens, slow and steady.
Mason White
you still have time, the normies arent yet panic buying into gold and silver
The PMs I've stacked make me feel warm and fuzzy inside, but you know what triumphs over that feeling of security? My fucking guns. I've bought like 5 guns in the past few months and I view them in the same light as my gold; irreplaceable.
Asher Bell
I don't know how much I can acquire by year's end. Atleast 1oz of gold, that's my plan. But for silver...no idea. I don't really have much budget for that. It even depends if I get the IT job I am hoping for.
James Thomas
crazy how we have this much movement, but still very few new investors in PM's...
predictions for friday close?
26$
Owen Nelson
So I did the math they traded 6.8% of an entire years worth of silver production. That is crazy when the coin/bullion market makes up about 17% of total production capacity. So nearly half of all global silver production used in coins was traded in 15 minutes
