u/Recon2500
Well, I must have been asleep at the wheel, but I did not realize until today that BGASC was acquired by JM Bullion in August of this year. BGASC has been my “go to“ dealer with fantastic customer service and I had JM Bullion as my back-up supplier. Will be interesting to see if there are more consolidations ahead in the already thin market for bullion dealers….
Even the old timers have had it with the corrupt Fed, worthless CFTC, and corrupt bankers.
Silver futures looking good to start the day. Now that the Asian markets rebounded and the margin calls have stopped where traders were liquidating everything they owned to meet the tap on the shoulder commodities have rebounded.
Exactly what I was writing this morning. The equity markets blowing up in Asia along with commodities trades gone bad have led to massive margin calls in Asia on trading firms. Those firms are liquidating existing positions, yes Silver included to meet margin calls.
Hopefully you used the last two days pullbacks to add to your stacks !
Look for a strong reversal by 11 AM in PM prices and strong news flow out of Ukraine the next two days. Biden Admin has to keep the focus off the red hot CPI nums.
Stay focused Apes, I still say we hit $30 Silver by Friday, then next week is all out hand to hand combat to break above $30 and onward !
Stack It Bitchez !
After watching the market for Nickel literally explode over the past three trading sessions, you know this has put the fear of God into those holding short positions on Silver and other PM’s. Look for a sharp move upwards in price today on Silver, I’m talking over $1 per ounce move on the shiny.
Going to be a wild week Apes, Silver Bitchez !
Apes:
Don’t be surprised to see PM’s turn higher after 2PM today and finish the day in the green on price gains for this Friday.
Just a word of caution for those still looking to buy for the raid today, you may want to keep some dry powder over the long weekend.
Spot price has enjoyed a solid upside move in price today, but miner stocks have barely budged. In the past this has mean a reversal on spot prices in the next trading session.
Just an observation from a retarded Ape, however I’ve been at this shit a long time …
President of the Comex took his friends boating today…. Now he can claim he just lost all of his Silver in a boating accident too !
Looks like the 10:30 AM sell off was right on time and about out of energy, I‘m looking for Silver and Gold prices to move higher from here…
A 200 oz Silver Tank because…. Fuck You Jamie Dimon and JP Morgan !
Anyone purchase any of the Silver Army men ? Did you like the quality and was it worth the premium? I really like the design that mimics the classic plastic Army men, just wondering if the quality is there, I believe there are a few different companies making similar designed soldier.
Hoping that this 2 Oz Monster will be available again in the fall… Gainesville Coin and I believe APMEX have sold it in the past.
Apes:
Keep some dry powder, I see another dip in Silver prices coming VERY soon... look at the $USD index today, with a fairly significant drop today in the $USD PM prices did not drive higher... this is a warning if you have been watching PM futures over the years...
