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Silver Punches thru $20
kitco.com ^

Posted on 07/03/2016 5:17:28 PM PDT by chopperman

And Hong Kong hasn't even opened yet.


TOPICS:
KEYWORDS: bubble; silver; silverbubble; silverbugs; silverfish
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1 posted on 07/03/2016 5:17:28 PM PDT by chopperman
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To: chopperman

And gold?


2 posted on 07/03/2016 5:19:10 PM PDT by Jack Hydrazine (Pubbies = national collectivists; Dems = international collectivists; We need a second party!)
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To: chopperman

So someone else is watching it!

We are off to the races.

https://dwq4do82y8xi7.cloudfront.net/widgetembed/?symbol=FX%3AXAGUSD&interval=1&saveimage=0&toolbarbg=f1f3f6&studies=&hideideas=1&theme=White&style=1&timezone=UTC&studies_overrides=%7B%7D&overrides=%7B%7D&enabled_features=%5B%5D&disabled_features=%5B%5D&utmsource=www.livecharts.co.uk&utmmedium=www.livecharts.co.uk/MarketCharts/silver.php


3 posted on 07/03/2016 5:20:17 PM PDT by Gadsden1st
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To: Jack Hydrazine

Because silver is a smaller market, and horribly manipulated it “should” go up faster.

That’s the plan at least.


4 posted on 07/03/2016 5:20:38 PM PDT by Vermont Lt (Ask Bernie supporters two questions: Who is rich. Who decides. In the past, that meant who died.)
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To: Jack Hydrazine

I use www.kitco.com. Currently Au is ~1342.00. Ag is ~20.01


5 posted on 07/03/2016 5:24:30 PM PDT by TaMoDee (Go Pack Go! The Pack will be back in 2016!)
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To: chopperman
Let it roll!

I know my ideal dump price...it ain't there yet, but when it gets there...I'll unload it all.

6 posted on 07/03/2016 5:27:39 PM PDT by OldSmaj (Voting for Hillary because she is a woman is like eating a turd because it looks like a Baby Ruth.)
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To: chopperman
But..., but..., but, like Gold that is only a relic! Put your money in (insert ???)
7 posted on 07/03/2016 5:31:18 PM PDT by ExSES (the "bottom-line")
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To: chopperman
But..., but..., but, like Gold that is only a relic! Put your money in (insert ???)
8 posted on 07/03/2016 5:31:19 PM PDT by ExSES (the "bottom-line")
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To: chopperman

https://www.bulliondesk.com/silver-prices/


9 posted on 07/03/2016 5:34:16 PM PDT by JPG (Go Trump!)
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To: Vermont Lt

The Hunt brothers come to mind


10 posted on 07/03/2016 5:41:35 PM PDT by BenLurkin (The above is not a statement of fact. It is either satire or opinion. Or both.)
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To: chopperman

Good news!


11 posted on 07/03/2016 5:51:27 PM PDT by Rusty0604
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To: chopperman

The cartel (lead by JP Morgan) is caught in a 180,000 contract short squeeze that started at the Brexit vote. They did not expect the “leave” vote to win. They bet the other way.

Their gold contracts are in a “naked short” position at the COMEX. It gets worse. They also shorted silver.

The cartel appears to be powerless to stop the price rise of either precious metal.

At these numbers, they are bleeding money like a stuck pig. And it gets worse with each passing hour.

They will have to cover their short positions. This means that they will have to buy the PMs at whatever price the market sets.

That will drive the price up even more.

They are NOT happy.

JP Morgen, you choose poorly.


12 posted on 07/03/2016 5:52:18 PM PDT by TruthInThoughtWordAndDeed (Yahuah Yahusha)
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To: chopperman

Got a long way to go up as it is undervalued compared to gold.


13 posted on 07/03/2016 6:12:21 PM PDT by Secret Agent Man (Gone Galt; Not averse to Going Bronson.)
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To: TruthInThoughtWordAndDeed

How do you know all this? And, do you have any feeling about how much these guys will be hurt?


14 posted on 07/03/2016 6:14:23 PM PDT by lafroste
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To: chopperman

$20.40 at the moment

https://www.providentmetals.com/


15 posted on 07/03/2016 6:14:30 PM PDT by dynachrome (When an empire dies, you are left with vast monuments in front of which peasants squat to defecate)
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To: Jack Hydrazine
Gold has just jumped up too, about $10 in a short time. Silver started earlier, but gold jumped more quickly at the Hong Kong open.


16 posted on 07/03/2016 6:31:00 PM PDT by Cicero (Marcus Tullius)
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To: TruthInThoughtWordAndDeed

Dude? A contract is a contact. If your nefarious cartel (lead by JP Morgan) made a bad bet, they already know. They are not “bleeding money like a stuck pig.”


17 posted on 07/03/2016 7:02:57 PM PDT by 1rudeboy
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To: OldSmaj

just wondering...

why would you do that? You have that much confidence in our fiat dollar?


18 posted on 07/03/2016 7:11:55 PM PDT by jacquej ("You cannot have a conservative government with a liberal culture." (Mark Steyn))
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To: lafroste

https://www.youtube.com/watch?v=N3GA3dr7d9s

It could be into the billions.


19 posted on 07/03/2016 7:45:56 PM PDT by TruthInThoughtWordAndDeed (Yahuah Yahusha)
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To: chopperman

NOT orange juice, you idiot...I said to buy silver...SILVER!!

20 posted on 07/03/2016 7:53:07 PM PDT by JPG (Go Trump!)
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