Silver price discussion and analysis

[finicky]

BML @ 0.44, up 17%
Gee wonder if they've got onboard themselves? They'd be the sticky investor types though.

WEEKLY

 

[greggles]

I should have known something was up when silver didn't re-rest US$35. Not even once. It never touched that level again. How odd is that? US$35 was a critical level for silver and it just sailed through on 5 June and never looked back. That was a very telling sign that something had changed in a fundamental way.

 

[mullokintyre]

Silver has been designated a "critical Mineral".
This may explain some level of the price movements currently sitting at $AUD 69.10 as I type.
It seems that silver hoarding may have already begun, according to Goldfix .
Mick

 

[frugal.rock]

@Sean K, no I'm in - but way past thinking about it anymore. Like more than a decade since I've had a flicker of interest.
Shouldn't try to spoil it for others I guess.

Interesting times.

 

[greggles]

I wonder what will happen to demand when the general public wakes from its fiat currency slumber.

 

[finicky]

Yeah he was pulling this stunt in the last silver rally that imploded like an chef's apprentice soufflé and I wouldn't be surprised if he was doing it in the early 2000s and even in 1980 from his crib.They were asking "when will everyone wake up" back then. To take it the other way, what's it tell you about the allure and recognition needed for fuelling a bull market when, with editing, you can find enough people who virtually don't know what silver is. He should try it with gold.