wow, apmex is out of silver.

[RatHoler]

No american eagles, no silver bars. The only silver you can buy at apmex now, seems to be Morgan silver dollars, at over $40 a coin!

Silver squeeze? or Apmex hoarding and being smart?

Apmex has SAE rolls for auction on eBay right now.

[expat4ever]

The fact that many of these online retailers have pulled their inventory until after the open tonight tells me that they are anticipating a pretty good move. In order for that to happen the hedge funds will be getting in on the action. They love to front run moves like this and with billions at their disposal, they are the ones that can make it happen.

We also have 7 million reddit users that are ready to jump on any silver made available. 1000 bucks each just about empties the shelves in the US. Once those shelves are empty the comex gets raided for everything they will let go of. This is really an unprecedented move and a perfect storm. Last year production was down because of ovid. Now we have 7 million plus committed to attacking the silver market. How many other millions are waiting to jump in as well because of this?
Once all supply is gone the sky is the limit.. Annual production of 850-900 million ounces at full capacity translates to 75 million a month on average. Of that only 30% is available for investment demand. Thats in normal times.. Those reliant on silver for their industrial uses will be under pressure to load up right now as well and beat the price increases.

[mamboni]

The fact that many of these online retailers have pulled their inventory until after the open tonight tells me that they are anticipating a pretty good move. In order for that to happen the hedge funds will be getting in on the action. They love to front run moves like this and with billions at their disposal, they are the ones that can make it happen.

We also have 7 million reddit users that are ready to jump on any silver made available. 1000 bucks each just about empties the shelves in the US. Once those shelves are empty the comex gets raided for everything they will let go of. This is really an unprecedented move and a perfect storm. Last year production was down because of ovid. Now we have 7 million plus committed to attacking the silver market. How many other millions are waiting to jump in as well because of this?
Once all supply is gone the sky is the limit.. Annual production of 850-900 million ounces at full capacity translates to 75 million a month on average. Of that only 30% is available for investment demand. Thats in normal times.. Those reliant on silver for their industrial uses will be under pressure to load up right now as well and beat the price increases.

Yeah, silver about to do a palladium. I would be tempted to sell some at any price over $100.

[EE_]

Now that the democrats are going to ramp up electric vehicles in the green new deal, what will palladium be needed for? Catalytic converters will be on the downward trend.
More silver will be needed though!

[mamboni]

Now that the democrats are going to ramp up electric vehicles in the green new deal, what will palladium be needed for? Catalytic converters will be on the downward trend.
More silver will be needed though!

Don't forget hydrogen fuel cells - they need lots of platinum too.

[vacuum]

The funniest part of this silver thing is that 4chan is going to crash the world financial system and reddit will get the blame for it.

Classic.

[Hitch]

Apmex has SAE rolls for auction on eBay right now.

That's actually pretty smart of them. Whatever the rolls end up selling for, they will know what the market will pay. They can adjust their premiums on their main site that way.

[osoab]

Apmex has SAE rolls for auction on eBay right now.

They have 2020 SAEs 1-19 buy @ 45 frns now.

https://www.apmex.com/product/196100...ilver-eagle-bu

[EE_]

It's good to see millennials finally getting interested in real money. Soon shami may be calling pm's millennial rocks?