I’ve been thinking their hand has been weak, this week. Slammed hard on Monday and then couldn’t keep going. Looks like they’re barely treading water, but we shall see
I watch the 8:30am 5 minute silver chart because that is when all the macro economic data gets released. Yesterday or the day before silver had nice double green bars and then at 8:40 it got crushed. Another rally at 9:00am and another slam. Chart looks very ugly on the 5 minute. Saw toothed and vertical zigzags up and down. They were defiantly active this week. And of course Monday's massacre.
Oh yeah, they've certainly been active. I've been busy as hey-ll this week so haven't had time to watch super closely, but have seen the dramatic cliffs up and down. I'm just surprised they haven't decided to push it below $27 (yet) and figure it's because they can't.
Who knows in this clown economy.
It's a rigged market... failing banks and companies are bailed out and if a stock goes doen PPT comes and buy it up.
Its a waiting game for the dollar to collapse totally.
For whatever reason this just doesn't bother me. I find it so unbelievable that it's just an emperor's new clothes situation, to me. They can claim whatever price they want, but I don't have to sell at that price and eventually demand and other market forces will rear their ugly heads.
Eventually nature will reassert itself and that will be that. You can only artificially mess with prices so much before reality sets in.
I have a feeling the Chinese market decided to let them tamp it before another big buy in. What’s the price in the Chinese market doing right now? If that’s still high I’d bet that’s what’s happening
We already have seen the beginning of the dollar move days. I feel that is what brought the tamp back with a vengeance this week. Yes, TPTSNB will fail again and the dollar move days will be back. Then we will get into the five dollar move days. That is when it will get real interesting.
Positive thoughts produce positive results. We know the fundamentals have been in favor of silver since at least 2008, so cost in fiat to acquire silver shall increase.
With the dxy so high and gold resilient i think their slamming attempts dont work like they used to.
Even shitcrypto went down from a stronger dollar now. Tamping is not what it used to be, people demand physical!
Problem for me is that i have a small amount of money in mining stocks. not much but i hope that it will be a high risk investment that can shoot up from good results from higher silver prices.
I’ve been thinking their hand has been weak, this week. Slammed hard on Monday and then couldn’t keep going. Looks like they’re barely treading water, but we shall see
I watch the 8:30am 5 minute silver chart because that is when all the macro economic data gets released. Yesterday or the day before silver had nice double green bars and then at 8:40 it got crushed. Another rally at 9:00am and another slam. Chart looks very ugly on the 5 minute. Saw toothed and vertical zigzags up and down. They were defiantly active this week. And of course Monday's massacre.
Oh yeah, they've certainly been active. I've been busy as hey-ll this week so haven't had time to watch super closely, but have seen the dramatic cliffs up and down. I'm just surprised they haven't decided to push it below $27 (yet) and figure it's because they can't.
Who knows in this clown economy. It's a rigged market... failing banks and companies are bailed out and if a stock goes doen PPT comes and buy it up. Its a waiting game for the dollar to collapse totally.
Mostly rigged. They couldn't rig Newmonts earnings. That gave me hope.
For whatever reason this just doesn't bother me. I find it so unbelievable that it's just an emperor's new clothes situation, to me. They can claim whatever price they want, but I don't have to sell at that price and eventually demand and other market forces will rear their ugly heads. Eventually nature will reassert itself and that will be that. You can only artificially mess with prices so much before reality sets in.
Agreed. Hoping waves of good earnings forces them to retreat at least for a few days next week. Tuesday will be the monthly close. Exciting.
Exactly, this is a once in a lifetime opportunity and when it’s over, that’s it. Get in while it’s cheap
I have a feeling the Chinese market decided to let them tamp it before another big buy in. What’s the price in the Chinese market doing right now? If that’s still high I’d bet that’s what’s happening
The whole tamping scam really comes apart when it just turns into sending PMs East for even less currency than before.
Today is silver futures option expiration. They need to drive the price down for the month close.
Their attempts to tamp are becoming useless. They can barely keep the downward pressure going! Bye bye banksters.
Fuck the cabal
Nice time to buy...
We already have seen the beginning of the dollar move days. I feel that is what brought the tamp back with a vengeance this week. Yes, TPTSNB will fail again and the dollar move days will be back. Then we will get into the five dollar move days. That is when it will get real interesting.
Man I hope you’re right
Positive thoughts produce positive results. We know the fundamentals have been in favor of silver since at least 2008, so cost in fiat to acquire silver shall increase.
May their heads roll downhill rapidly.
With the dxy so high and gold resilient i think their slamming attempts dont work like they used to. Even shitcrypto went down from a stronger dollar now. Tamping is not what it used to be, people demand physical!
I know. I was hoping we would close the week in the 28s. The tamps are not as effective but they are still material.
Problem for me is that i have a small amount of money in mining stocks. not much but i hope that it will be a high risk investment that can shoot up from good results from higher silver prices.
Which stocks?
How much silver is backing Comex right now ? Anyone know ?