@TheGladiatorHC I’ll retire at $200 silver.
The Comex registered silver is at 92 Million oz with 30 Million oz gone in the last 2 weeks.
Last year 82 Million oz were requested for delivery in March.
Hoarding has started. Big push after Chinese New Year.
@Bitcoin_Teddy Buy it two years old for half as much. There are some used cars that are well taken care of. Do the work and save $75K with financing costs.
I don’t watch my hundreds any more but $75K is still worth a few days of research.
@adamtaggart I’m much happier now that I only keep up with the news once a week.
It would also help to have 6 political parties like Sweden does where the fringe parties don’t matter much.
In a close two party system the fringe nut jobs have too much influence and are catered to. Chaos.
@PeterSchiff You have to be some kind of special moron to lick a frozen pole or put your hand on a hot stove over and over.
I hope the dipshit who put it up understands that you are picking the wrong way to fight the Demmarxists.
You insulted an entire race and fat people (Pritzker).
@jimcramer Bitcoin capitulation.
Some of the non Bitcoin martyrs moving into the gold/silver pullback.
Probably good for Bitcoin long term.
It needs to find a bottom.
@elonmusk Solar 12% Fossil Fuels 64%
China is still growing their fossil fuel emissions. Far outpacing the rest of the world.
No one cares or complains about China increasing carbon emissions.
No one.
@PeterSchiff@saylor You’re forgetting that if he buys in the $60K range his average buy price will go down and if he buys more in the $50K range it will go down even further.
Forget it, something doesn’t make sense.
@jimcramer If it pops way up from here then it was those hodlers who pushed it down to buy cheaper.
If not and keeps going down then they don’t want to risk any more capital.
I don’t know either way. I have no skin in this game and the entire market cap for Bitcoin won’t change gold$.
Fed Chair Jerome Powell:
"We don’t take much message from the rise in gold prices."
"We don’t take much macro message from precious metals, though we do monitor them."
Maybe they should pay attention.
12 months performance
Gold + 101%
Silver + 282%
@adamtaggart It must be too hard to resist for Goldman and JPMorgan to take out the margin players and people with stops. It’s makes for a healthier market.
Used to last a few weeks. Now it last a few hours.
@robin_j_brooks Keep telling yourself that.
The US lost its ability to take advantage of a falling dollar because we don’t manufacture anything.
It will be years before we can.
@APompliano I’m right there with you.
The Fed should also double their T Bill purchases from $40B/mo. to $80B/mo.
I need my Gold and Silver investments to go up a couple more million.