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Re: So....
Well,
The quick run to 25 has got the premiums all messed up.
Silver Buffalo's cheapest premium at APMEX is 18+%. That's a 500 round order...
For SAE's, start at a 41% premium...
15% premium for 100oz bars at JM Bullion. Cheapest APMEX 100oz is 11% premium.
Where do we go from here? I don't see them letting this run. Makes tptwtb look bad.
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Its go time!
Stopped by a dealer here yesterday. Record sales record backlog and ordering times. Silver all time highs soon.
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We got our dip after the run up... What to expect now?
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Wilver above 31 frns.
Time for wilver wrockets?
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FJB’s inflation must have triggered it.
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Damn near a year since this thread has been bumped...
Nice drop today....
How low do things go with Trumpstein. None of the tariffs appear to be frn positive at the moment.
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The last two silver spikes coincided with staged events. Silver was the fattened animal for a slaughter/bear market. Before the staged election, silver spiked. Before the stage trade war, silver spiked. Then hammered down.
Is silver going to continue go up if markets go up, that could depend on the success of the US trade deals/dollar strength. With gold silver ratios at about 100, silver strength/price is more industrial demand, rather than investors driving up the price for a gold-silver ratio of 1/20 or 1/16 or 1/12. Asians see gold as the anti-dollar play. I chatted with Chinese netizens, the Chinese see silver as more of an industrial metal, not a precious metal.
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So were does the G/S ratio go from here? Treading down from the spike to 100/1.
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Bad News for Trumpstein is good news for gold and silver.
3 gold price scenarios that could occur this June, according to experts
Gold prices could drop
"If tariffs and trade wars are resolved amicably (for the US), central banks pull the plug on their gold buying sprees"
Gold prices could rebound
If economic data released in June starts to point to a weakening economy, the Fed could be moved to lower rates. This would be the push gold prices need to climb further, Cordier says.
"A weaker outlook will cause a cry for lower U.S. interest rates, in turn, giving a new boost to gold demand as a softer dollar spurs buying," Cordier says. Additionally, "any geopolitical events that significantly increase risk" could move gold prices upward, too.
"If trade negotiations stall, global tensions worsen, or the stock market corrects and pushes interest rate expectations lower, then gold could break through to new highs," Nadelstein says.
https://www.cbsnews.com/news/gold-pr...ng-to-experts/
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Wilver is nearing 50 frns again. Looking at the charts and comparing to 2008-2012 time frame, I say 75 is the top.