Scary, actually whats the recovery from this? They either restructure the entire system or bail out which will do nothing but anger everyone?
Next week is looking pretty wild
Next week is looking pretty wild
This. On top of that there has been too much bullshit (incriminating) revealed about what roninhood has been up to and with whom.
This makes sense. The Peter Schiff part doesn't, he owns a lot of PM's and just wants the price driven up.
I'd love for silver to go up but I think this post is right on the Money for the most part.
and AIDS.
Either way, I’ve put $3K on SLV. If I make a few bucks, cool. If not, it’s all good.
Welp, there goes the fucking salary you promised me.
If silver goes to $1k per ounce the global economy will completely collapse, and I don't mean like in 08, I mean goods will be so expensive that manufacturing will grind to a halt and no one will be able to afford anything.Spiking commodities, bold move, let's see how this plays out
It would be ugly
Edit
***wrong thread aashole***
***wrong thread aashole***
I expect silver to make a correction, the moonshot is a helluva ask though and it would 100% be part of economic collapse
Moonshot would take many industrial companies demanding delivery on their shares(you have to have 5,000 shares to be able to demand delivery) to ensure they could operate uninterrupted for the next year or 5 which would expose the lack of actual physical backing the paper
Worth noting that some huge bullion dealers shut down their sales last night...that is not normal, they are always selling and taking orders
They were sold out or selling out of almost all physical silver and then most of them decided to just stop taking orders altogether
They anticipated a rise and shut down completely so they weren't selling a ton of 27 dollar silver when they could sell it for 30 plus on monday morning...the sheer volume of action in paper and physical in the last few days is unprecedented
Moonshot would take many industrial companies demanding delivery on their shares(you have to have 5,000 shares to be able to demand delivery) to ensure they could operate uninterrupted for the next year or 5 which would expose the lack of actual physical backing the paper
Worth noting that some huge bullion dealers shut down their sales last night...that is not normal, they are always selling and taking orders
They were sold out or selling out of almost all physical silver and then most of them decided to just stop taking orders altogether
They anticipated a rise and shut down completely so they weren't selling a ton of 27 dollar silver when they could sell it for 30 plus on monday morning...the sheer volume of action in paper and physical in the last few days is unprecedented
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As someone who would stand to reap the rewards, yes, I do say.
I wonder how many people would roll with no phone case when they start being worth $10k.
Same, but if the price of them goes up 10 fold I'm a be a little more careful.
You fucking savages don't have cases AND screen protectors?!
Only savages need cases and screen protectors.
