Survivalist Forum

Advertise Here

Go Back   Survivalist Forum > Survival & Preparedness Forum > Financial Forum
Articles Chat Room Classifieds Donations Gallery Groups Links Store Survival Files



Financial Forum Economics and Precious Metals

Advertise Here
Reply
 
Thread Tools Display Modes
Old 03-19-2011, 02:20 PM
Steaker Steaker is offline
VIP Member
 
Join Date: Dec 2009
Location: Nation of TEXAS
Posts: 228
Thanks: 178
Thanked 252 Times in 118 Posts
Default SILVER on the RISE again



Advertise Here

There were so many pressures pushing Silver down last week.

And they all FAILED

Governments and Large Banks sold large reserves (this alone should have crashed the market)

Paper traders sold many times actual inventory ( another attack on the price, which never lost more than 3%

Panic in Asia. People needing to raise cash in a hurry. Selling long held Silver and Gold.

As I said before; It all failed to tank the market

My main point is: The world is so crowded with buyers; that a flood of selling by the big boys, could not drive down the price of Silver much

With armored cars going to market, selling off huge supply. The demand was still higher. Most retailers are warning their customers of delays in receiving their orders. Saying; Sorry, we just can't meet the demand. We hope to fill your order in April as we scramble to find new product.

The mines in Mexico, Nevada, and Canada are working 24 hours a day. And still the demand can not be met.

This is a very good time to buy, even with high prems per ounce.

More QE is coming. It's the only plan they have.
The Following 2 Users Say Thank You to Steaker For This Useful Post:
Reply

Bookmarks



Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
Canada issues $20 silver coin for trade = $116 silver carlnpa Financial Forum 24 10-30-2012 10:08 AM
Physical Silver is Really $50 per Ounce (80% Premium on COMEX Silver Non-Delivery) Branned Financial Forum 24 10-24-2012 07:54 AM
Calculator For Actual Silver Content Value of US Silver Coins XS29L General Discussion 10 05-08-2012 11:22 AM
Add up junk silver to $1 face value = 1 troy oz silver? BJJ_Grappler Financial Forum 13 05-30-2011 04:35 PM
Bond Yields on the Rise - the end of Gold and Silver. Flex Financial Forum 80 12-11-2010 04:40 PM


All times are GMT -5. The time now is 06:46 AM.


Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2014, vBulletin Solutions, Inc.
vBulletin Optimisation provided by vB Optimise (Pro) - vBulletin Mods & Addons Copyright © 2014 DragonByte Technologies Ltd.
Copyright Kevin Felts 2006 - 2012,
Green theme by http://www.themesbydesign.net