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Old 08-02-2020, 12:27 AM
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Originally Posted by sierra skier View Post
That is just one sentence in one man's opinion. Along with the rest of his reasoning I can see why he believes that PMs will continue their rise.
I think he is correct but for the wrong reason. COVID is merely the catalyst, not the causation of PMs ascending again. COVID was the cover that the NWO (for lack of a better term) needed to implement their takedown and reconfiguration of the world economy.

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The stock market may be doing great but the economy is stalled.
As long as debt is being created by the trillions, stocks will go up. The FRN is getting weaker and where else is all of that new debt going to go? When the Fed starts to choke off those trillions, then stocks will crash. However, the fundamental rule of debt-based economies (new debt must always be created to satisfy the previous debt + interest) will prevent them from ever choking off the supply.
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Old 08-02-2020, 03:50 PM
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Quote:
Originally Posted by Deadmeat99 View Post
I think he is correct but for the wrong reason. COVID is merely the catalyst, not the causation of PMs ascending again. COVID was the cover that the NWO (for lack of a better term) needed to implement their takedown and reconfiguration of the world economy.



As long as debt is being created by the trillions, stocks will go up. The FRN is getting weaker and where else is all of that new debt going to go? When the Fed starts to choke off those trillions, then stocks will crash. However, the fundamental rule of debt-based economies (new debt must always be created to satisfy the previous debt + interest) will prevent them from ever choking off the supply.
Did you hit the link and read the entire article? It is several screen shots long and contains much more then the sample quote I provided and I might suggest reading the entire article to see all of his reasoning.

I thought it had plenty of good insight.
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Old 08-02-2020, 05:13 PM
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Sunday 3:20 pm PST Ag Ask Up $0.20 right out of the gate.
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Old 08-02-2020, 06:38 PM
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It bounced back down, now down $.06
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Old 08-02-2020, 06:55 PM
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It bounced back down, now down $.06
Iím not too fussed. My last purchase before CV-19 locked us down was about AU$30-31 an ounce. Those same coins are now being sold for AU$45 an ounce, IF thereís any in stock.
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Old 08-02-2020, 11:35 PM
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Quote:
Originally Posted by sierra skier View Post
Did you hit the link and read the entire article? It is several screen shots long and contains much more then the sample quote I provided and I might suggest reading the entire article to see all of his reasoning.

I thought it had plenty of good insight.
I will admit that I did not because I'm not a huge fan of Survivalblog any longer and stopped reading it many years ago. I did just read the entire article at that link and only the part about the COVID vaccine strikes me as incorrect.
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Old 08-03-2020, 03:04 PM
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Silver appears to be holding it's consolidation position strongly in the $24.50 range even after opening down in what I refer to as volatility (over $.20 changes). So we closed a week, and the end of a month with an upwards candle stick on the charts. This is looking decent for a continued bull market.
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Old 08-04-2020, 10:29 AM
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Ag Ask $25.40 Up $0.97
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Old 08-04-2020, 11:07 AM
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Per Kitco. Ag Ask $25.62 Up $1.19
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Old 08-04-2020, 11:27 AM
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Ag Up $1.24
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Old 08-04-2020, 12:00 PM
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It appears the consolidation has completed and the bull market is back.

IIRC the next resistance is around the $26.50 level, we will have to see where this goes.
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Old 08-04-2020, 12:54 PM
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Per Kitco Ag Ask $25.86 Up $1.43
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Old 08-04-2020, 04:41 PM
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The drag and drop didn't print as well as I had hoped.

Gold up $41.70 to $2020.40

Silver up $1.69 to $26.12

We are approaching a resistance level I believe around $26.50 or so. Hopefully we will pass through resistance and then consolidate again somewhere above that level.

If we get by that level put on the seat belts and hold on.

Metals Date Time
(EST) Bid Ask Change Low High
GOLD
08/04/2020 17:01 2019.40 2020.40

+41.70


+2.11%
1971.60 2022.40


SILVER
08/04/2020 17:01 26.02 26.12

+1.69


+6.93%
24.28 26.16



+2.11%
1968.80 2022.40
SILVER
08/04/2020 17:00 26.02 26.12

+1.69


+6.93%
24.11 26.16


Gold Ratios
Aug 04, 2020 17:00 NY Time
Silver Platinum Palladium XAU HUI S&P 500 DJIA Crude Oil

GOLD
77.61 2.16 1.00 12.67 5.59 0.6107 0.0753 48.63
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Old 08-04-2020, 07:04 PM
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Just watch. If 3 trillion gets passed the Senate silver will hit all time highs.
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Old 08-04-2020, 10:36 PM
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Quote:
Originally Posted by PalmettoTree View Post
Just watch. If 3 trillion gets passed the Senate silver will hit all time highs.
That's what it will take for Joe six pack to finally realize the country is bankrupt!
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Old 08-05-2020, 12:52 AM
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Quote:
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That's what it will take for Joe six pack to finally realize the country is bankrupt!
Bankrupt? But they're sending another check!
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Old 08-05-2020, 02:40 AM
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12:39 A.M. PST Ag Ask $26.46 Up $0.34
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Old 08-05-2020, 07:13 AM
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Ag up $.75 to $26.87

It is down a bit from checking earlier but Kitco charts are not responding well to see how far it dropped. The metals quote page says $27.06 was the overnight high and it is apparently bouncing around in this range..
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Old 08-05-2020, 08:36 AM
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Quote:
Originally Posted by sierra skier View Post
Ag up $.75 to $26.87

It is down a bit from checking earlier but Kitco charts are not responding well to see how far it dropped. The metals quote page says $27.06 was the overnight high and it is apparently bouncing around in this range..
Actual price $27.02 at this moment.
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Old 08-05-2020, 09:47 AM
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What I like about silver, " 1 oz Silver Maple bullion coins, are in fact
exempted from capital gains taxes. " In Canada at least.
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