$7,000/oz Silver and ONE BANK...or maybe TWO!

Road To Roota ^ | Bix Weir

[amorphous]

The silver markets are rigged. Every day. Every trade. Every option. Every derivative. The silver markets have been rigged since the early 1970's when Alan Greenspan introduced computer market trading systems to the world beginning the long term commodity market rigging operation.

Greenspan's Golden Secret //www.roadtoroota.com/public/101.cfm

Since that time there has not been a day when the silver markets have been "freely traded". Nobody, and I mean NOBODY, knows the true "Fair Market Value" of silver!

But like all price suppression schemes, the silver manipulation must come to an end and we are on the brink of that moment. The only remaining question should be "What is the true value of silver in terms of money?"

[amorphous]

Interesting read. He states no reproduction without permission, so, I excerpted it (fair use).

Wild ongoing commentary here: https://stocktwits.com/symbol/SLV

Gettin' CRAZY Y'all...

[BipolarBob]

Friday there was a jump. Be ready Monday Morning and happy trading y’all. The worm may be turning.

[Gahanna Bob]

My feeling is nothing is too big to fail. Let it all crash.

[glimmerman70]

Have always heard that several people can own the same bar of silver or gold when you buy on paper and not physically buying the bar.

[amorphous]

The SILVER SQUEEZE: Eat My Shorts [Great Information]

https://goldsilver.com/blog/the-silver-squeeze-eat-my-shorts/

[Dartoid]

I have been curious about true value for a number of years. Some years back I went to a lot of auctions with my brother and ended up with a nice collection of silver dollars. The problem there is you pay collectors price versus metal value. I did it more just because I love US silver dollars. I have just assumed I may never get any actual return on my investment. Really don’t plan on ever selling them anyway.

[amorphous]

That be SLV/GLD. Not directed at you, but many are confusing contract futures with ETFs in discussions here on FR.

[Fury]

. Let it all crash.

Good grief.

Well, if it "all crashes", at least the Internet will turtle, so you won't be able to post such tripe.

[austinaero]

Just reminding folks that Greenspan is married to the uber-heinious MSNBC dinosaur Andrea Mitchell.

[DeFault User]

I also have a nice collection of 19th century silver dollars. Unfortunately, I put them in a box when we moved and I don’t where it is in the garage and don’t have the energy to search for them. ;o)

[Larry Lucido]

Silver is $27.11 today. It will be $7000.00 per ounce if and when the dollar crashes and everything goes up, not because a blogger says so.

[Bayard]

As long as legal trade is possible, the paper is just as good. Unless you think that total lawlessness is happening soon, you’re probably going to be ok.

But I’m no financial advisor and don’t offer advice on finances.

Its just that for the time being people still have to play by certain rules.

[Reno89519]

If it reaches it 7000, actually if it reaches 1000, I think will sell every ounce of silver we’ve got in the house.

[Nathan _in_Arkansas]

I wonder if you could find a buyer of physical silver at $1000/oz let alone $7000/oz.

Whether I hold or sell, I’m happy with silver.

[SaxxonWoods]

I’m old. I know a lot of retired people. They made their money in many different ways. They retired off real estate, stocks, oil, gas, farming, ranching, and various retail businesses.

None of them retired off silver, which hit it’s all time high adjusted for inflation in 1980.

So maybe silver has room to run.

I like copper better.

[Larry Lucido]

By the way, if the dollar stays steady and “two banks” say silver is $7000.00 an ounce, then those banks can sit on their silver and eat it. while other will melt down all their silver and sell it for $100.00 per ounce to anyone who needs silver to ward off vampires or something.

Not really a concern.

[cherry]

$7000 a troy ounce?....I've got at least 100 silver bullion coins...plus some junk silver....man, that would be nice ...

but the world would have gone to hell in a hand basket by then...

[Larry Lucido]

I suspect the answer would be “Are you daft, man?”

[Vermont Lt]

Bix has been pedaling silver and lite coin since before my hair turned gray and started falling out.

Be careful of the enthusiasm.

[ponygirl]

It needs to go to $2,000/oz to make it worth what happened during the Obama years, so this sounds good to me. Thanks to FReepers for making those recommendations back then.