SLV is going to go to the moon. Look at all the silver dealers on the net tonight. They have no silver available to sell. Amazing.
They are definately squeezing SLV
Started by
Chilidawgz
, Feb 01 2021 02:21 AM
13 replies to this topic
#1
Chilidawgz
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A fool and his money... (the second mousie gets the cheese)
Posted 01 February 2021 - 02:21 AM
Anything can happen...what's happening now?
No one can forecast the future. No one.
All stocks (ETF's) are BAD...unless they go up - William O'Neil
When The Time Comes To Buy or Sell, You Won't Want To - Walter Deemer
#2
Chilidawgz
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A fool and his money... (the second mousie gets the cheese)
Posted 01 February 2021 - 02:40 AM
Anything can happen...what's happening now?
No one can forecast the future. No one.
All stocks (ETF's) are BAD...unless they go up - William O'Neil
When The Time Comes To Buy or Sell, You Won't Want To - Walter Deemer
#3
Rogerdodger
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Posted 01 February 2021 - 09:51 AM
I'm buying aluminum foil. It will probably be next! LOL.
"Nature's Failure to Function in a 'Predictable Way'... 500 years ago?"
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BIGGEST SCIENCE SCANDAL EVER...Official records systematically 'adjusted'.
#4
qqqqtrdr
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Posted 01 February 2021 - 02:03 PM
I think the Silver dealers have been over the last few months selling their silver and looking at buying back at lower prices..... I bet if you had a whole bunch of silver to sell they would not buy it from you at the going rate since they don't want to be left holding the bag at buying silver at higher prices... This can have the affect of silver hording by individuals as prices go higher, nobody wants to sell, and nobody can by. 72% of new silver is a biproduct of gold mining, so unless gold mining increases if demand picks up on that front there will not be much more silver... Yes there are silver mines that would be booming if silver prices continue to perform.
#5
linrom1
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Posted 01 February 2021 - 03:01 PM
My research tells me that they ran out of silver in 1855.
Edited by linrom1, 01 February 2021 - 03:08 PM.
#6
slupert
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Posted 01 February 2021 - 03:04 PM
I shorted SLV at 27.8 this morning and should have covered on the gap fill, but I was outside shoveling. I'll hold for now even though downside should be limited If it hits the 20 on the hourly, I'll probably whack it again. Now they are buying coins and futures, insane, they are getting robbed. The SLV is an ETF so they will just add shares if it gets out of hand.(JMHO)
#7
linrom1
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Posted 01 February 2021 - 03:08 PM
Only thing down today is VIX.
#8
fib_1618
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Posted 01 February 2021 - 05:00 PM
Meanwhile...in the real world of technical analysis...
Fib
Better to ignore me than abhor me.
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#9
Rogerdodger
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#10
tradesurfer
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Posted 02 February 2021 - 12:15 AM
This whole Gamestop / Silver mania is really concerning. This has to be the prelude to a massive crash down in not only silver and gamestop but the rest of the stock market..... read between the lines...
It seems like all the gold and silver bugs feasted on this gamestop/silver pump and used it as a justification to confirm a mega bull breakout thesis in Silver..... But of course we know they were all trying to pump up their silver stocks and other positions and sell this pump...... and now what ?????
really dicey setup here for a crash down
Edited by tradesurfer, 02 February 2021 - 12:18 AM.
