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Precious Metals New Thread 2.0

Discussion in 'Stocks & Investments' started by shr133, Oct 30, 2015.

  1. Feb 1, 2021 at 7:36 AM
    #1341
    slander

    slander Honorary Crawl Boi

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    Bought some SIVR ETF this morning to maybe make some $$$ off this GME madness. I don't care if it is hedge funds trying to make thier money back, ill take some profits if it goes up, or just hold it way long.
     
    shr133[OP] likes this.
  2. Feb 1, 2021 at 7:37 AM
    #1342
    shr133

    shr133 [OP] Well-Known Member

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    I'm setting really good except for SLV that i just bought, but that is more to fight the shorts. Everyone needs to drop Robinhood, Fidelity will let me buy but not trade SLV, it's bull crap, but I don't need to trade it, just hold till this plays out...

    I have been in PMs so long I was too slow in transferring more money over. But I'm ok....
     
    AdventureKid likes this.
  3. Feb 1, 2021 at 7:41 AM
    #1343
    gkomo

    gkomo Well-Known Member

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    Ya I have an old Schwab account from like so long ago my parents helped set me up with back in highschool. Gonna use that for stocks/options trading and use WeBull for crypto trading. I thoroughly enjoyed Robinhood for the past 4 years or so and am thankful for them getting all the other brokerages to do free trading but with this latest scandal and pending lawsuit, i'm out.
     
    shr133[QUOTED][OP] likes this.
  4. Feb 1, 2021 at 7:44 AM
    #1344
    slander

    slander Honorary Crawl Boi

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    Man I'm surprised people still use RH after the severs kept crashing and they were messing up orders during the March crash.

    Fidelity user here, they are great! I don't trade, only stock investing.
     
  5. Feb 1, 2021 at 7:50 AM
    #1345
    shr133

    shr133 [OP] Well-Known Member

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    The "servers were crashing"
     
  6. Feb 1, 2021 at 7:56 AM
    #1346
    AdventureKid

    AdventureKid Let's Go Places

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    I still think this market is going to come tumbling down. Just added more bear funds from Direxion 3x (FAZ) they have a huge list on their website. ProShares are good too.

    Im thinking we may see sub 20k DJI. There’s gaps that need to be filled. Same with crypto’s. They haven’t decoupled from the stock market. Sub $10k BTC is what I’m seeing, along with alt coins following.

    would be interesting to see if this is a minor push in Silver to some resistance, then slide back down to test some support around $18-19/oz

    I think when this market comes down, it’s going to drag everything with it.
     
    shr133[QUOTED][OP] and slander like this.
  7. Feb 1, 2021 at 8:13 AM
    #1347
    shr133

    shr133 [OP] Well-Known Member

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  8. Feb 1, 2021 at 8:26 AM
    #1348
    Grossomotto

    Grossomotto Complete 3rd Member

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    Should have bought Rhodium when it was $500
     
    shr133[OP], AdventureKid and Pablo8 like this.
  9. Feb 1, 2021 at 8:41 AM
    #1349
    AdventureKid

    AdventureKid Let's Go Places

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  10. Feb 1, 2021 at 8:49 AM
    #1350
    snozberries

    snozberries is forever trying to find a campsite

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    Those of you buying SLV and holding GME - shooting yourselves in the foot.
     
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  11. Feb 1, 2021 at 10:00 AM
    #1351
    shr133

    shr133 [OP] Well-Known Member

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    The party is on, see if they get out of this one...
     
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  12. Feb 1, 2021 at 5:11 PM
    #1352
    JeffreyB

    JeffreyB Well-Known Member

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    I can't wait to see the inflows on SLV. They are gonna be insane.

    That's an interesting screenshot of CNBC there. I watched an interview with him on CNBC today and I swear he said they usually do 1 million ounces in a weekend and they did 27 million on Sunday alone.
     
    AdventureKid and shr133[OP] like this.
  13. Feb 2, 2021 at 7:20 AM
    #1353
    AdventureKid

    AdventureKid Let's Go Places

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    Oh man, to funny. The same bank caught manipulating the metals market, slapped with a $1 billion dollar fine last year is at it again....Yawn.

    silver took a tumble this AM.

    #keepstacking

    6EEDBD95-8CBD-4158-936F-4087E84E8729.jpgB8AC79FA-67C3-402A-9A9A-019FA1302182.jpg
     
  14. Feb 2, 2021 at 7:50 AM
    #1354
    shr133

    shr133 [OP] Well-Known Member

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    The manipulation is ridiculous, I'm used to to it. But after one of the biggest weekends for silver and silver stocks, the price goes down. These guys are just crooks.
    I think there are more people coming to the party so we will see. I'm holding my slv for a while to do my part, we'll see what happens...

    Each time we get closer and closer, could be a few weeks or a few years, but one of these times it will break free....
     
    AdventureKid[QUOTED] likes this.
  15. Feb 2, 2021 at 11:03 AM
    #1355
    shr133

    shr133 [OP] Well-Known Member

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    finally found this the fight is on... For the short deniers... Where is SLV going to find all that silver???? The shorts just follow the longs so the price stays the same....
    No price fixing here... From 5 million to 70 million and the price goes down...
    upload_2021-2-2_13-0-24.jpg
    upload_2021-2-2_13-0-56.jpg
     
    Last edited: Feb 2, 2021
    AdventureKid likes this.
  16. Feb 2, 2021 at 12:13 PM
    #1356
    AdventureKid

    AdventureKid Let's Go Places

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    Wow. Total market manipulation.

    I personally think they are waiting to get their system in working order before the flip the switch to CBDCs, probably backed by PMs in a Crypto Currency fashion, as Judy Shelton put it.

    Makes sense as we have a common denominator that all Central Banks / Governments around the world hold. That’s Gold.

    It makes it a level playing field for all.

    They are setting up the narrative for the crash and this stock/crypto bubble is about to pop.

    Keep stacking cash, Dollar Cost Avg. into PMs.

    We are going to have a beautiful buying opportunity when it presents itself....

    I’m making a list of the crypto’s / stocks that I’m going to enter in once we bottom. Still adding to my 3x Bear ETFs and DCA into them. Once the crash is bottomed, I’ll go back into my long positions.
     
    shr133[QUOTED][OP] likes this.
  17. Feb 2, 2021 at 4:35 PM
    #1357
    shr133

    shr133 [OP] Well-Known Member

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    Just more proof of a rigged system, but they have their backs to the wall, it will depend on how many more people jump in. I'm holding my digital silver though this rush to see what happens. If we don't break them this time. I'll convert my digital silver to stocks and just play the game. But, keep stacking more physical, the physical silver is really the key to breaking them, they can and will just print unlimited money to match any digital trades to FIX the price. can't just get more silver......
     
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  18. Feb 2, 2021 at 4:41 PM
    #1358
    Pablo8

    Pablo8 Here!

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    I'm long 500 shares SLV now, back in at $24.75
     
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  19. Feb 2, 2021 at 5:00 PM
    #1359
    shr133

    shr133 [OP] Well-Known Member

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    Sweet, I should have predicted the short attack, but I have a good cushion from the last trade. Highest volume ever for SLV, tons of physical being sold. Strongest attack on silver ever, truly epic....
     
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  20. Feb 2, 2021 at 8:22 PM
    #1360
    AdventureKid

    AdventureKid Let's Go Places

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    Yup

    Keep stacking and it will put pressure on the market. Something will eventually give...

    Until then, they will pursue with their FUD campaign per usual
     
    Pablo8 likes this.

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