Talked to my metals supplier yesterday, his phone was ringing off the hook with physical buyers. Could only find me 2000 ounces of silver with a 6-8 week shipping wait. Was looking to buy 10000 ounces...no dice even at 3 dollars over spot. Just no supply, big money realizes this was a coordinated slam down because of a lack of supply in the London market. Confirms that the cbs are starting to panic as the world realizes the Ponzi scam called fiat money. Take delivery...huge silver support at 20, looking to go long 10000 ounces in the futs market and take delivery. Trade Safe
metals
Started by
merciless
, Apr 16 2013 09:41 AM
2 replies to this topic
#1
Posted 16 April 2013 - 09:41 AM
#2
Posted 16 April 2013 - 10:36 AM
I believe it...
There are only so many tons of this stuff on Earth, and that's forever...
We had a bubble in paper gold here...
Really some supposedly sophisticated investors involved in that ponzi game...
Are getting their @sses handed to them in this trade...
When the house of cards came down, they exchanged their paper for more paper...
We still had the same fixed supply on the planet, they paid big dough for paper, lost money on it, and got paper in return..
Heck it's not even paper anymore, it's down to transistors and code....
Price and Volume Forensics Specialist
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
#3
Posted 16 April 2013 - 10:48 PM
Looks to me like slver sees 16 bucks.










