General Poor Man's Game: Gold,Silver,Platinum, and Palladium

Welcome to our Community
Wanting to join the rest of our members? Feel free to Sign Up today.
Sign up

sparkuri

Pulse on the finger of The Community
First 100
Jan 16, 2015
40,083
52,881
So people just crashed it 5 bucks to buy low and send it up again
6 bucks it's lookin' like, Thurs., Friday, Sunday opening.
Imagine 10,000 contracts @ 50 ounces.
It might've even been that whale whose contract expires April 28th, or the group or nation that made that huge move.

This was all the talk last Monday, because you don't bet this at the opening of a new contract month, unless you're betting to win.
TF Metals reported first & it went viral in 2 days.


View: https://twitter.com/RafiFarber/status/1906787883760898377?t=Wb7UJp4kWbQ-c53oqRv9iA&s=19



View: https://twitter.com/RafiFarber/status/1906796705942470742?t=oWnzkzetNcdwOZb5krS5Yg&s=19



View: https://twitter.com/RafiFarber/status/1906797502759567723?t=shZnSCCEpj_bdij-260kyw&s=19
 

Greenbean

Posting Machine
Nov 14, 2015
3,069
4,439
I haven’t bought silver in years. I just made a phone call to a local dealer and was quoted $5 over spot per oz. That goes down to $3 over for any purchase over 100 oz. Is this competitive?
 

sparkuri

Pulse on the finger of The Community
First 100
Jan 16, 2015
40,083
52,881
I haven’t bought silver in years. I just made a phone call to a local dealer and was quoted $5 over spot per oz. That goes down to $3 over for any purchase over 100 oz. Is this competitive?
Depends in the type. With these monkey hammers in spot, premiums are rising.
I'd buy nothing but buffalo rounds & kilo bars right now.
I called Bellevue Rare Coin in the Puget Sound.
No less than $7500 orders, but cheapest in the nation as far as I can tell.
Buffalos were $31/pc. Friday.
 

Greenbean

Posting Machine
Nov 14, 2015
3,069
4,439
Depends in the type. With these monkey hammers in spot, premiums are rising.
I'd buy nothing but buffalo rounds & kilo bars right now.
I called Bellevue Rare Coin in the Puget Sound.
No less than $7500 orders, but cheapest in the nation as far as I can tell.
Buffalos were $31/pc. Friday.
I was putting feelers out there around Covid and shit was around $8+ over per oz so $5 didn’t seem terrible.
 

Greenbean

Posting Machine
Nov 14, 2015
3,069
4,439
Called another place. $1.90 over for generic and $4.50 over for eagles. I might do some generics this weekend if prices stay put or lower.
 

kvr28

I am the Greengo
Nov 22, 2015
15,959
23,333

sparkuri

Pulse on the finger of The Community
First 100
Jan 16, 2015
40,083
52,881
Gold back at ATH after epic smashing last week.

Screenshot_20250410_134357.jpg
 
Last edited:

sparkuri

Pulse on the finger of The Community
First 100
Jan 16, 2015
40,083
52,881
Gold over 3200 now, silver needs to start doing something damn it

View: https://youtu.be/6yyrgqebqbs?si=Sx5eeT7WtcmopkJF


I watched Eric Sprott last month, their belief, history, cycles and all have me as a firm believer.
I just need to collect silver I dislike because I love the stuff.

I'm of the opinion that in relatively short-term, IE 3 years, gold's ABSOLUTE BOTTOM is $6,000, likely $8-12,000, higher if revalued by decree or the Constitution is restored.
A popular opinion is 1-1 DOW/Gold ratio.
If silver breaks the curse of manipulation a modest return to even a 20-1 ratio puts silver at $500 an ounce, which monetarily & historically is TOO LOW!

It is crazy to think about because our lifetimes are all we know unless the secret is generationally instilled, but we live in a time where silver is undervalued tenfold in relation to gold, which is undervalued two to tenfold, causing another magnitude force multiplier to silver's valuation.

3 ounces of silver buys dinner for two when it should be buying a horse or head of cattle.


The only way I'm back into the stock market would miners.
 

Enock-O-Lypse Now!

Underneath Denver International Airport
Jun 19, 2016
12,385
20,736
When I created this thread the plan was to play platinum and palladium but never expected to see Gold blast off like it is now, are we actually seeing a $GME - $AMC type pump for Gold / Silver?

Silver still lagging behind but seeing gains as well..will Silver finally breakout and blast off to $50 and beyond?


when was the last silver squeeze push, 2011-2012?

All this chaos in the markets and PM's is a sure indication our system is failing and in a death spiral - possibly manufactured through the likes of D.E Shaw, Blackrock and its subsidiaries along with the head honcho the BIS (Bank of International Settlements) to usher in their surveillance CBDC Slave state where you will own nothing and be happy.


Interesting times...May nears and I sense a Solar Storm a brewing....


 

sparkuri

Pulse on the finger of The Community
First 100
Jan 16, 2015
40,083
52,881
When I created this thread the plan was to play platinum and palladium
I don't know as much about platinum & palladium's uses other than catalytic converters & metal electrolysis, the EV market & economy being the driver behind its demand.
I know platinum is 3x more rare than gold & suppressed as such, I know it's denser & harder & makes for a better ring.
With financial crises it seems to me to be a net stealth accumulator through pan sell-offs, like people selling their jewelry to pay the bills, for the long term post-crisis recovery phase.


are we actually seeing a $GME - $AMC type pump for Gold / Silver?
Gold/silver are m9ney & both going much higher & will stay put longer, stock squeeze shareholders don't actually own shares, just the liability to manage them.


Silver still lagging behind but seeing gains as well..will Silver finally breakout and blast off to $50 and beyond?
$50 is the new pitstop to shake out weak hands imo.
Old holders will wash their hands of it as it finds pit stops afterward of $75-$100.
It doesn't matter whose agenda wins, MAGA/FED/ECB/CCP, silver can't lose industrially.


when was the last silver squeeze push, 2011-2012?
February/March 2021, but was nothing compared to now.
Recent billionaire whale just posted his 4-month 12.69 million ounce physical purchase & Goodfellas it.
Screenshot_20250412_105501.jpg

#Silversqueeze Xcommunity is meme crazy.




View: https://twitter.com/jameshenryand/status/1908112312680198289?t=vFzPapkZB-rE0QphYsCrCw&s=19




Screenshot_20250412_110538.jpg




View: https://youtu.be/cIQG01DRxHk?si=ypOalx5WUMUCVi9d