Forwarded from Oof
spot price blipped over $70. That's my cue to buy!
Forwarded from Mulch Down Babylon
Got mines before Samsung shut it down
Silver is back up to $70 after running all the way to $70.66 in early trading before getting slammed down along with gold... but both metals found support above their previous ATH and are recovering from the brief sell-off.
Demand for monetary metals by sovereign nations and some institutional buyers has put a floor under the metals, limiting potential downside.
t.me/SilverStackersSS
Demand for monetary metals by sovereign nations and some institutional buyers has put a floor under the metals, limiting potential downside.
t.me/SilverStackersSS
Silver recovered nicely from the attempted sell-off earlier in the day, and is setting new all-time highs above $71... WAGMI 😏
t.me/SilverStackersSS
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If Silver rises to meet the current mining ratio of 7:1 then Silver will take the top spot from gold as largest asset by market cap.
It seems counterintuitive because Silver is still cheap rn; but there are good arguments to be made that above ground Silver is as rare if not more rare than gold.
https://news.1rj.ru/str/SilverStackersChat/110483
It seems counterintuitive because Silver is still cheap rn; but there are good arguments to be made that above ground Silver is as rare if not more rare than gold.
https://news.1rj.ru/str/SilverStackersChat/110483
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Coming in hot for #2
Silver has broken above $72 the same day it broke through $71... that's a steady and average increase of 1.5% per day during the past month.
Also gold got rejected at $4,500 multiple times today before finally breaking above that round-ish number.
All this and the retail crowd has yet to enter the market... just consider how many normies you've tried to talk to about Silver who didn't and still don't get it... it'll probably take $88 or $100 Silver before they finally pay attention and start Stacking.
t.me/SilverStackersSS
Also gold got rejected at $4,500 multiple times today before finally breaking above that round-ish number.
All this and the retail crowd has yet to enter the market... just consider how many normies you've tried to talk to about Silver who didn't and still don't get it... it'll probably take $88 or $100 Silver before they finally pay attention and start Stacking.
t.me/SilverStackersSS
Peter Csere
POV: all of us, right now
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