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Silver is selling out, stores rush to restock

 
Anonymous Coward
User ID: 75993659
Canada
01/31/2021 12:48 PM
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Re: Silver is selling out, stores rush to restock
...


This is my honest belief as well.....

I think the producers have been told to hold. Demand vs reserve.

I believe this is a setup
 Quoting: ARIES PHOENIX




But I also want to see what happens.....cause if I’m right I know exactly the next move
 Quoting: ARIES PHOENIX


Keep an eye on anything else that is shorted in the market or better yet futures market......
 Quoting: ARIES PHOENIX


...


This is my honest belief as well.....

I think the producers have been told to hold. Demand vs reserve.

I believe this is a setup
 Quoting: ARIES PHOENIX


But I also want to see what happens.....cause if I’m right I know exactly the next move
 Quoting: ARIES PHOENIX


Keep an eye on anything else that is shorted in the market or better yet futures market......
 Quoting: ARIES PHOENIX


What are the billionaires buying?
Land and water...

[link to markets.businessinsider.com (secure)]

Land to control the growth of food and water...well wars will be fought over water someday.

These seem like good long term investments because they know what we don't.

It's a shame we don't band together and buy farmland and water,we may well need it.
 Quoting: Anonymous Coward 77817918


Water can be made. Pure pressurized oxygen sprayed on a platinum plate exposed to regular air will create water "out of thin air". Water wont be an issue. Land will be.
Anonymous Coward
User ID: 79842993
United States
01/31/2021 12:54 PM
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Re: Silver is selling out, stores rush to restock
This has happened dozens of times in the past 10 years. No one is adding stock to those sites on the weekend. Monday will have fresh stock and higher premiums to meet demand.
Karenbear

User ID: 79999143
Canada
01/31/2021 12:56 PM
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Re: Silver is selling out, stores rush to restock
I put in a large order (Well for me) this afternoon myself.

Didn't realize the daily wire limit though I may have to cancel and reorder.

They seem to want to crash this thing about as quick as they can without breaking the insane spell they have over most everyone.
 Quoting: Fizarak


I wouldn’t cancel. You won’t be able to reorder, at least not this week and not at that price. Why not email customer service and ask if you can send 2 wires?
Karenbear
Epic Beard Guy

User ID: 76783046
United States
01/31/2021 12:58 PM
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Re: Silver is selling out, stores rush to restock
...




But I also want to see what happens.....cause if I’m right I know exactly the next move
 Quoting: ARIES PHOENIX


Keep an eye on anything else that is shorted in the market or better yet futures market......
 Quoting: ARIES PHOENIX


...


But I also want to see what happens.....cause if I’m right I know exactly the next move
 Quoting: ARIES PHOENIX


Keep an eye on anything else that is shorted in the market or better yet futures market......
 Quoting: ARIES PHOENIX


What are the billionaires buying?
Land and water...

[link to markets.businessinsider.com (secure)]

Land to control the growth of food and water...well wars will be fought over water someday.

These seem like good long term investments because they know what we don't.

It's a shame we don't band together and buy farmland and water,we may well need it.
 Quoting: Anonymous Coward 77817918


Water can be made. Pure pressurized oxygen sprayed on a platinum plate exposed to regular air will create water "out of thin air". Water wont be an issue. Land will be.
 Quoting: Anonymous Coward 75993659


To AC 77817918, do you know who is the biggest owner of farm land in America right now?



That would be Bill Gates!

gates

Last Edited by Epic Beard Guy on 01/31/2021 12:59 PM
Hope for the best, but prepare for the worst.
"America is at that awkward stage. It's too late to work within the system, but too early to shoot the bastards." -- Claire Wolfe
Anonymous Coward
User ID: 79036000
Belgium
01/31/2021 12:58 PM
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Re: Silver is selling out, stores rush to restock
This has happened dozens of times in the past 10 years. No one is adding stock to those sites on the weekend. Monday will have fresh stock and higher premiums to meet demand.
 Quoting: Anonymous Coward 79842993


Today's orders are 100 times bigger than normal.
It is the difference.
Anonymous Coward
User ID: 78195557
France
01/31/2021 01:01 PM
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Re: Silver is selling out, stores rush to restock
This has happened dozens of times in the past 10 years. No one is adding stock to those sites on the weekend. Monday will have fresh stock and higher premiums to meet demand.
 Quoting: Anonymous Coward 79842993


Today's orders are 100 times bigger than normal.
It is the difference.

 Quoting: Anonymous Coward 79036000


Earthquakes also have happened many times. However some are ORDERS of MAGNITUDE larger than previous ones.

Hopefully this is the ARCTURUS event of the CELESTIAL silver bull
Achduke7

User ID: 78023456
United States
01/31/2021 01:05 PM

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Re: Silver is selling out, stores rush to restock
This has happened dozens of times in the past 10 years. No one is adding stock to those sites on the weekend. Monday will have fresh stock and higher premiums to meet demand.
 Quoting: Anonymous Coward 79842993


Highly likely, however, this is an organic silver rush we're seeing. I think the chain reaction has already begun. Who knows what can stop it now.
 Quoting: Psychedelic Mashed Potatoes


You may not be able to buy physical silver if it is all sold out but you can buy SLV and hurt the hedgefunds that are shorting SLV trying to keep the silver prices low.
Achduke
Anonymous Coward
User ID: 77458002
Sweden
01/31/2021 01:09 PM
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Re: Silver is selling out, stores rush to restock
I don't like the taste or texture of silver. And I question its nutritional value. It's not what I would stockpile in preparation for the collapse of society. And you're just gonna end up trying to give me gold for some of my food but I'm afraid you will never have enough silver to buy even a single meal from me.
Anonymous Coward
User ID: 78825058
France
01/31/2021 01:10 PM
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Re: Silver is selling out, stores rush to restock
JM Bullion had orders shipping 3-5 days yesterday today it’s double that and a lot of stuff is sold out
KIT
User ID: 78202421
United States
01/31/2021 01:14 PM
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Re: Silver is selling out, stores rush to restock
Listen to me very carefully. I've seen this story many times before.

Silver WILL fall in price over the next 6-12 months if not sooner. It will NOT sustain at the price levels it is now. This was the same story in 1980, same in 2008, and same in 2011. It WILL correct back to the average growth trend line.

Do what you will, but if you're buying now, you WILL lose value on your silver over the short term and it will take some time before that value is recovered. Much better to wait for that dip and then buy it.

It should be valued around $15-17 an ounce, max inflation value of $19.

I'm not a financial advisor.
 Quoting: Anonymous Coward 79039270


Lol.


Silver will NEVER fall below $30 oz again, ever.

Until the world is so fcked up it wont be worth anything anyway and "They will cast their silver into the street" and all that.

Until that day, price goes up, up, up.
 Quoting: Anonymous Coward 79465202


List silver price is 26.98 right at this moment. Since you're already wrong for the start of what you say, nothing else based on it should be believed.
 Quoting: Anonymous Coward 79039270


Really? Where can I buy .999 fine silver RIGHT now for less than 31 dollars.

WHERE??? PHYS BULLION not paper promises.
dogman17

User ID: 23522293
United States
01/31/2021 01:15 PM
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Re: Silver is selling out, stores rush to restock
Buy up all the silverware at Macy's.
Just don't make anything up.
Anonymous Coward
User ID: 75993659
Canada
01/31/2021 01:16 PM
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Re: Silver is selling out, stores rush to restock
I don't like the taste or texture of silver. And I question its nutritional value. It's not what I would stockpile in preparation for the collapse of society. And you're just gonna end up trying to give me gold for some of my food but I'm afraid you will never have enough silver to buy even a single meal from me.
 Quoting: Anonymous Coward 77458002


Gold and silver will always retain value, even when nothing else does.

Its been like that for the last several thousand years.

Money comes and goes, societies rise and collapse ..... silver and gold (and jewels) stay forever.

Even those who lived in mud huts fought over and tried to obtain gold and silver (and jewels).

So while you wont sell for silver or gold, others will.
DestinyAKA-Des

User ID: 80002130
United States
01/31/2021 01:17 PM

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Re: Silver is selling out, stores rush to restock
Well, I have lbs. of sterling silver jewelry. Wonder if the value of the .999 silver content will rise also.


.
Petite Southern Gun Toting Bubbette

NO. Is a complete sentence.
Big Duke6

User ID: 79416386
Canada
01/31/2021 01:20 PM

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Re: Silver is selling out, stores rush to restock
How can you sell a share that you have no claim to?

I'm not asking, just pointing out the lunacy of the financial system.
 Quoting: shovelbum


You're borrowing it from the owner with the agreement to pay back any upward gains. The downwards potential between the borrow price and sell price is yours to keep.
 Quoting: Anonymous Coward 79996381


less the transaction fee
Xerxes 6-42 B

User ID: 78180944
United States
01/31/2021 01:22 PM
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Re: Silver is selling out, stores rush to restock
Well, I have lbs. of sterling silver jewelry. Wonder if the value of the .999 silver content will rise also.


.
 Quoting: DestinyAKA-Des


Absolutely Des, it will rise to follow pure silver. You're sitting on a silver mine!
Been here half a Time, but not yet a Time. And certainly not Times.
Xerxes 6-42 B
Artlicious

User ID: 79971099
United States
01/31/2021 01:23 PM
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Re: Silver is selling out, stores rush to restock
Dang..

Check the sales volume on eBay just for 1 oz silver bullion.

[link to www.ebay.com (secure)]
USDAlady

User ID: 79702220
United States
01/31/2021 01:23 PM
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Re: Silver is selling out, stores rush to restock
This has happened dozens of times in the past 10 years. No one is adding stock to those sites on the weekend. Monday will have fresh stock and higher premiums to meet demand.
 Quoting: Anonymous Coward 79842993


Today's orders are 100 times bigger than normal.
It is the difference.

 Quoting: Anonymous Coward 79036000


I'm not sure it will be enough to overcome the massive buffer of paper silver in people's 401k's.

The 401k system is Wall Street insurance. The GameStop and AMC stocks were not traded in the 401k realm.

Just my personal thoughts and concerns. If we start seeing knee jerk reactions from some of those trading companies, then we'll know it's having an effect.
A Doy

User ID: 78654741
United States
01/31/2021 01:23 PM
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Re: Silver is selling out, stores rush to restock
Gold is hard to get as well. I ordered some on 1/21 and it still hasn't shipped.
 Quoting: Anonymous Coward 55785319


Gold isn't stacked bro

Silver is the most stacked commodity on earth. Hence why it is kept at such a low market value artificially.
 Quoting: Anonymous Coward 76138193


Gold is stacked. I have a stack. It's available at lower premiums than silver, as well. I got my 1oz gold American Eagles for 5% over spot.
 Quoting: Anonymous Coward 55785319


Well la dee da.
A Doy
Anonymous Coward
User ID: 79624051
United States
01/31/2021 01:24 PM
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Re: Silver is selling out, stores rush to restock
Buffalo Replica 999 Silver Rounds

Replica?
 Quoting: Anonymous Coward 79624051


Good buy anyone?
racebyu

User ID: 79554613
Canada
01/31/2021 01:30 PM
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Re: Silver is selling out, stores rush to restock
TD Canada Trust just pulled the plug on thier precious metals webstore, lots of Silver coins/bars where going out of stock, put up some crap about Covid19

[link to preciousmetals.td.com (secure)]

Last Edited by racebyu on 01/31/2021 01:31 PM
Anonymous Coward
User ID: 65942580
United States
01/31/2021 01:30 PM
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Re: Silver is selling out, stores rush to restock
How can you sell a share that you have no claim to?

I'm not asking, just pointing out the lunacy of the financial system.
 Quoting: shovelbum


You borrow it. It's not lunacy. people buy stock. They don't take the certificate, the broker has it. They have a big pile of everyone's IBM stock. Some people might sell it today, so they need to have that much, but some others will buy today so that adds to the pile. SOOOOOoooo, they will loan you some IBM stock to sell. You owe them IBM stock, not money. You pay them back by buying back as much as you borrowed. If you buy back cheaper you made money, if you buy back higher you lost money. Naked means you are in a privileged position where you can cheat, even though you aren't supposed to, and you can sell shares you didn't borrow, you just hit a sell button and pretend you had the shares. Market goes against you? No problem just sell more. That works until it doesn't.
KIT
User ID: 78202421
United States
01/31/2021 01:32 PM
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Re: Silver is selling out, stores rush to restock
How can the banks counter this threat? By shorting even more? Or will they rush to close their shorts while the price is still below $30?

I have 4,5kg of physical silver already, and $2000 in silver x8 ETN's. Now I would like to see some profit!
 Quoting: SpeakerOfDarkSentences


The comex will borrow china's silver bullion horde and panic dump it.

This is great. Because millions of us are waiting to buy the big silver dip.

Greatest transfer of wealth ever. Thanks China.
Anonymous Coward
User ID: 65942580
United States
01/31/2021 01:33 PM
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Re: Silver is selling out, stores rush to restock
This has happened dozens of times in the past 10 years. No one is adding stock to those sites on the weekend. Monday will have fresh stock and higher premiums to meet demand.
 Quoting: Anonymous Coward 79842993


Today's orders are 100 times bigger than normal.
It is the difference.

 Quoting: Anonymous Coward 79036000


I'm not sure it will be enough to overcome the massive buffer of paper silver in people's 401k's.

The 401k system is Wall Street insurance. The GameStop and AMC stocks were not traded in the 401k realm.

Just my personal thoughts and concerns. If we start seeing knee jerk reactions from some of those trading companies, then we'll know it's having an effect.
 Quoting: USDAlady


There is really no such thing as "paper silver". Paper silver is the problem.
Anonymous Coward
User ID: 79624051
United States
01/31/2021 01:34 PM
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Re: Silver is selling out, stores rush to restock
Well I just bought Buffalo Replica 1oz .999 Silver Medallion 10pc I know it's not a lot, but I don't have a lot of money.
Hope it's worth it!
Anonymous Coward
User ID: 75103629
United States
01/31/2021 01:34 PM
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Re: Silver is selling out, stores rush to restock
TD Canada Trust just pulled the plug on thier precious metals webstore, lots of Silver coins/bars where going out of stock, put up some crap about Covid19

[link to preciousmetals.td.com (secure)]
 Quoting: racebyu


THAT is the most ridiculous bullshit lie I have ever heard. Covid19 is the excuse to save the day!

Hell it worked for Joe Biden, why not!whatever
ARIES PHOENIX

User ID: 78366338
United States
01/31/2021 01:35 PM
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Re: Silver is selling out, stores rush to restock
...




But I also want to see what happens.....cause if I’m right I know exactly the next move
 Quoting: ARIES PHOENIX


Keep an eye on anything else that is shorted in the market or better yet futures market......
 Quoting: ARIES PHOENIX


...


But I also want to see what happens.....cause if I’m right I know exactly the next move
 Quoting: ARIES PHOENIX


Keep an eye on anything else that is shorted in the market or better yet futures market......
 Quoting: ARIES PHOENIX


What are the billionaires buying?
Land and water...

[link to markets.businessinsider.com (secure)]

Land to control the growth of food and water...well wars will be fought over water someday.

These seem like good long term investments because they know what we don't.

It's a shame we don't band together and buy farmland and water,we may well need it.
 Quoting: Anonymous Coward 77817918


Water can be made. Pure pressurized oxygen sprayed on a platinum plate exposed to regular air will create water "out of thin air". Water wont be an issue. Land will be.
 Quoting: Anonymous Coward 75993659


Yea that can be done......but not at cheap cost.....I know this method as well as the other methods.....and fresh water harvesting is better than none though.....and yes land is the most important.

Claus Swabb thinks you own nothing and you will be happy.....my question is then who will own it and will they be unhappy? Don’t think so Claus......try again you cold blooded iguana
Anonymous Coward
User ID: 65942580
United States
01/31/2021 01:36 PM
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Re: Silver is selling out, stores rush to restock
I don't like the taste or texture of silver. And I question its nutritional value. It's not what I would stockpile in preparation for the collapse of society. And you're just gonna end up trying to give me gold for some of my food but I'm afraid you will never have enough silver to buy even a single meal from me.
 Quoting: Anonymous Coward 77458002



until you need something that isn't food
ARIES PHOENIX

User ID: 78366338
United States
01/31/2021 01:37 PM
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Re: Silver is selling out, stores rush to restock
...


Keep an eye on anything else that is shorted in the market or better yet futures market......
 Quoting: ARIES PHOENIX


...


Keep an eye on anything else that is shorted in the market or better yet futures market......
 Quoting: ARIES PHOENIX


What are the billionaires buying?
Land and water...

[link to markets.businessinsider.com (secure)]

Land to control the growth of food and water...well wars will be fought over water someday.

These seem like good long term investments because they know what we don't.

It's a shame we don't band together and buy farmland and water,we may well need it.
 Quoting: Anonymous Coward 77817918


Water can be made. Pure pressurized oxygen sprayed on a platinum plate exposed to regular air will create water "out of thin air". Water wont be an issue. Land will be.
 Quoting: Anonymous Coward 75993659


To AC 77817918, do you know who is the biggest owner of farm land in America right now?



That would be Bill Gates!

gates
 Quoting: Epic Beard Guy


Yep and before him it was Ted turner
Anonymous Coward
User ID: 77119396
United States
01/31/2021 01:37 PM
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Re: Silver is selling out, stores rush to restock
I'll sell my silver. Who buys it?
Anonymous Coward
User ID: 79624051
United States
01/31/2021 01:41 PM
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Re: Silver is selling out, stores rush to restock
I'll sell my silver. Who buys it?
 Quoting: pool


bsflag





GLP