I'd really watch it above 25.5 my friends. They've been smashing silver above 27.5 for weeks and got burned as many others did as well. I personally sold the trade already with an 8% profit as I did not want to hold this into tomorrow. Watch the price action overnight. It's serious smashing every time between 3-6 AM EST. It may rise huge tomorrow, who knows, BUT I would make that move AFTER Powell speaks, not before. Just my 2 cents.
Awesome!!! Physical is the only way to go!! There is so little silver in the world that it should be 3x the price of gold! If every American bought 2 oz of it a yr, it would all be gone! Thats about all they produce every year! But they trade that almost every say on comex!!
Why they cant cover if everyone wants the physical silver . Yhey done sold it about 700x per oz!! Physical is only safe way to go!!
Too long a story. They been rigging forever. Doj finally charging 6 traders at jp Dimon shud be in jail for life or executed for his crimes. Scotia just paid $127 mil in fines for righing sil price. Shoulda all gone to jail!
Sept deliveries are day after tomorrow If people want real sil instead of money for their contracts, it collapses. You’ll have to look into the rest ureslf
Probably relatively safe baring any large correction in silver or a very large rally for USD. If the announcement tomorrow is quite inflationary, silver should go up.
Not a chance, if I have I have to take guess what they're going to say tomorrow they're probably are going to say they're lifting their inflation target from 2 to 4%.
I doubt silver is going up. The only reason for today's rally in everything is the fact that retarded Powell is going to make a speech; we already know what the speech is about; it is not as if he is going to say anything new. Unless he says we'll print another $10T, his speech is immaterial. So, the day after his speech, silver will start drifting lower.
Ya best be wary with that one. Since JP is supposed to be outa the rigging biz at the end of aug, they could see a shit ton of demands for delivery. And, of course, they dont have it! Eventho they are curators for theSLV ! So if shtf on this, SLV goes down with them.
I like this call... <beep, beep, beep, beep> as I back the truck up
Entered with 3.25 is that good?
Already in it my beautiful friends
I'd really watch it above 25.5 my friends. They've been smashing silver above 27.5 for weeks and got burned as many others did as well. I personally sold the trade already with an 8% profit as I did not want to hold this into tomorrow. Watch the price action overnight. It's serious smashing every time between 3-6 AM EST. It may rise huge tomorrow, who knows, BUT I would make that move AFTER Powell speaks, not before. Just my 2 cents.
Awesome!!! Physical is the only way to go!! There is so little silver in the world that it should be 3x the price of gold! If every American bought 2 oz of it a yr, it would all be gone! Thats about all they produce every year! But they trade that almost every say on comex!!
Why they cant cover if everyone wants the physical silver . Yhey done sold it about 700x per oz!! Physical is only safe way to go!!
Too long a story. They been rigging forever. Doj finally charging 6 traders at jp Dimon shud be in jail for life or executed for his crimes. Scotia just paid $127 mil in fines for righing sil price. Shoulda all gone to jail!
Sept deliveries are day after tomorrow If people want real sil instead of money for their contracts, it collapses. You’ll have to look into the rest ureslf
ah ok. thanks. i just bought some real silver yesterday for the first time - being shipped to me.
Just got out @ +6% (3,50 / 3,30).
I know you probably had target set or something. Also you made profit which is good. Don't you think there's more upside to this one?
You’re right I set a stop at +5%. These positions move so fast it’s difficult to find the best moment.
We say in France “the better is the enemy of the good”.
I like it. Thank you! Bought 3.35 sold 3.55 6%
Glad I moved quick on that one thanks Greg
Got in @ 3,30
took a huge position, this is free $$$$$$$$
Probably relatively safe baring any large correction in silver or a very large rally for USD. If the announcement tomorrow is quite inflationary, silver should go up.
do you think the fed is gonna announce they are gonna stop inflating? Never in 1,000,000,000,000,000 years would that happen.
Not a chance, if I have I have to take guess what they're going to say tomorrow they're probably are going to say they're lifting their inflation target from 2 to 4%.
don't think so, but everything is >possible<
Thank you Gregory!
I doubt silver is going up. The only reason for today's rally in everything is the fact that retarded Powell is going to make a speech; we already know what the speech is about; it is not as if he is going to say anything new. Unless he says we'll print another $10T, his speech is immaterial. So, the day after his speech, silver will start drifting lower.
Ya best be wary with that one. Since JP is supposed to be outa the rigging biz at the end of aug, they could see a shit ton of demands for delivery. And, of course, they dont have it! Eventho they are curators for theSLV ! So if shtf on this, SLV goes down with them.
Just a working theory based on reality.
what do you mean out of the rigging biz? you mean falsely inflating? and sorry what do you mean demands for delivery? thanks
Thank you Greg! your the man!
I've been trading SLV for about two months now. Long and short in and out.
you have been doing puts too?
I shorted SLV in the stocks, not options.
Everybody is loving this one, including me. Got in @ $3.35