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Silver is Going Crazy!!
- Thread starter Sand Sifter
- Start date
Sand Sifter
Well-known member
Options expire Jan 31 banks did not sell till it got high $117 there going to get it to $99.99 or lower so all options expire worthless they will make billions like today.
Silver will get crushed buy after the bloodbath after Jan 31 or when it stabilizes I said this days ago silver will continue to go up it's not done yet just have to have patience take my opinion with a grain of salt . sube
Silver will get crushed buy after the bloodbath after Jan 31 or when it stabilizes I said this days ago silver will continue to go up it's not done yet just have to have patience take my opinion with a grain of salt . sube
Sand Sifter
Well-known member
Silver, aka "Rocky Balboa", got slammed to the floor over the last day or two, got back up, and is back in the fight. It's over $117 again, but dips below to $16 & change, then back up over $117.
Damn, that Silver metal is a fighter with heart, refuses to give up and keeps coming back. Gold's up as well, crossed $5,400, but the typical dance can make it dip & rise before it settles in on the new high.
Sand Sifter
Well-known member
Holy Mother of Pearl.
I think this has more to do with the value of the dollar not looking good for this country .
Then again pump and dump on options that expire Friday ?sube
Sand Sifter
Well-known member
I've heard a few say pump and dump, but from what I've heard about the options expiring, the banks need to get price down to 99.99, below 100 by Jan 31 so that options expire and they make $$. If over 100, they apparently lose. There's so many behind the scenes games going on its almost obscene how they're all trying to pull strings to try to make things happen to benefit themselves. Can't wait until Silver has totally broken free from those cretins, let the market forces do its thing.
But as always, lots of speculation. So many things that could affect. I'm just glad that I'm holding for the long-term so I can just watch all the chaos and historic price increases without stressing over every single move.
Sand Sifter
Well-known member
So, this was really crazy. This morning, 4 metals all took a nosedive at the exact same time. Gold, Silver, Platinum and Palladium all seemed to drop off a cliff around the 9:50am - 10:00am timeframe. To my eyes, that looks to be something more than just a coincidence. Don't know yet what caused or is behind this. If anyone hears, please post. Take a look at the screenshots below you can see they all dropped the exact same way at the exact same time. Thankfully, the metals are strong and working their way back up again.
Ohio pull tabs
Well-known member
Wonder why
This is when the spot price is calculated for the day 10:30 most people look at the spot price for the day and no more .Options expire tomorrow banks are orchestrating a flush for tomorrow looks like it is going to work watch at 10:30 tomorrow they put the fear in the option holders today .
But what the heck do I know I just swing a detector . sube
But what the heck do I know I just swing a detector . sube
Sand Sifter
Well-known member
Same here, I just swing a detector and was lucky enough to have someone in the know advise me to invest in Silver a few years ago. I've been hearing about the options expiring, but what's really interesting to me, is that 4 totally different metals, all at totally different prices, all jumped off a cliff at the exact same time, between 9:50 - 10:00. Just seems a lot more than coincidence, more like something happened that triggered the drop.
Can we say "market manipulation"????
Sand Sifter
Well-known member
Yes, we probably can, lol. Usually, I suspect market manipulation. But then, as the prices rise and hit new highs, I also figure that there will be sellers who want to take profits, so prices drop but usually just temporary, as there are new buyers waiting in the wings ready to buy during the dips. And there's also been recent talk about re-evaluation, so that's possible as well. But to have 4 different metals all take a deep dive at the exact same time tells me that someone or some entity was probably involved and pulling a string. The drop was too widespread and timed too perfectly to just be happenstance. BTW, Silver, aka "Rocky Balboa" is roaring back, currently over $117 and has been rising continually since it hit the bottom of the dive earlier today.
Ohio pull tabs
Well-known member
Still buying dimes 
hopefully finding some too
hopefully finding some tooThis ride isn't over---FAR from it! (MO only)-----Silver may well be he best play in town (what with adjusting to the historical G/S ratios)---big picture.
Sand Sifter
Well-known member
I totally agree, this wild ride is gonna continue getting even more wild, as it's just getting started. We're currently dealing with temporary distractions as we head towards a reset, and everyone needs to be mentally & emotionally prepared for even more bumps in the road, more ups & downs and market turmoil. For all those who are holding, like yours truly, we can all sit back and watch this movie, along with all its chaos and turmoil, unfold without stress. But even with all this craziness and the record prices we've been seeing, I totally believe that we haven't seen anything yet. And speaking of the G/S ratio, if the ratio gets reset back to the Gold/Silver ratio that our forefathers set in 1792, which was 15:1, at today's current Gold price (let's use $5,400) that would make Silvers value $360.00 per ounce. So, the value of Silver could more than triple if our country reset the G/S ratio back to what we used when the country was founded. And that's just by resetting the G/S ratio.
That doesn't take into account increasing industrial demand that's outstripping supply of physical Silver. When demand exceeds supply, prices go up, the law of Supply & Demand applies to Silver, just like any other product or service. And then, when huge mega deep pocket corporations that absolutely HAVE to have Silver to manufacture their products, like Tesla & Samsung, instruct their buyers to throw away price targets, give them blank checks, and instruct them to buy as much Silver as they can whatever the price, that's a recipe for bidding wars between the mega wealthy corporations. And having gazillionaire corporations bidding against each other because they absolutely MUST have physical Silver or risk a production stoppage, that's gonna cause the price of Silver to rise even higher and higher. That will be a BIG win for us little guys who hold Silver.