Silver starting to move

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Re: Silver starting to move

Postby Cu Penny Hoarder » Fri Oct 03, 2025 5:18 am

pmbug wrote:Finally getting the dip sale I've been anticipating. China markets are closed for Golden Week national holiday. I was expecting a dip to start yesterday but glad to see it today as I was saving some fiat for a buy.


Dip sale didn't last long. I expect future smash-downs will not last long either.
Time is precious, stop wasting it.
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Re: Silver starting to move

Postby 68Camaro » Fri Oct 03, 2025 6:19 am

It's interesting to watch. Each day (so far) the recovery from the smash down has happened faster and risen further than the previous day. I liken it to two boxers, one striking out with everything they have, the other doing the "rope-a-dope"- absorbing the punches, letting the fury die out, then coming back with all their energy still intact. Rinse, repeat, and if the rope-a-doper is smart and the opponent has no other tools, eventually the exhausted opponent capitulates. How long until smashdown capitulation?
In the game of Woke, the goal posts can be moved at any moment, the penalties will apply retroactively and claims of fairness will always lose out to the perpetual right to claim offense.... Bret Stephens
The further a society drifts from the truth, the more it will hate those that speak it. George Orwell.
We can ignore reality, but we cannot ignore the consequences of ignoring reality. Ayn Rand.
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Re: Silver starting to move

Postby pmbug » Fri Oct 03, 2025 8:16 am

I think we are too close to the free float event horizon for shorts to play like they are used to doing. It's been decades of anticipation and it's finally on the doorstep. We're on the precipice of a physical supply shock - a real silversqueeze is near.

I should add - we're already starting to see backwardation where the spot markets are overtaking the futures:

https://www.pmbug.com/threads/2025-luna ... ost-144629

Rock beats paper.

https://www.pmbug.com/threads/historica ... ost-142136
The journey of a thousand miles begins with a single step. -Lao Tzu

You can find me ranting at clouds on pmbug.com.
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Re: Silver starting to move

Postby 68Camaro » Fri Oct 03, 2025 9:23 am

Might be seeing the daily smackdown in gold occurring (or just occurred) as i type this - if that was it, it doesn't appear to have been successful today (but it is early). And if they are going to try with silver today, it hasn't quite happened yet.
In the game of Woke, the goal posts can be moved at any moment, the penalties will apply retroactively and claims of fairness will always lose out to the perpetual right to claim offense.... Bret Stephens
The further a society drifts from the truth, the more it will hate those that speak it. George Orwell.
We can ignore reality, but we cannot ignore the consequences of ignoring reality. Ayn Rand.
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Re: Silver starting to move

Postby 68Camaro » Fri Oct 03, 2025 10:44 am

Boom - 48.2 and climbing!
In the game of Woke, the goal posts can be moved at any moment, the penalties will apply retroactively and claims of fairness will always lose out to the perpetual right to claim offense.... Bret Stephens
The further a society drifts from the truth, the more it will hate those that speak it. George Orwell.
We can ignore reality, but we cannot ignore the consequences of ignoring reality. Ayn Rand.
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Re: Silver starting to move

Postby Cu Penny Hoarder » Fri Oct 03, 2025 10:56 am

68Camaro wrote:Boom - 48.2 and climbing!


New 14 year high! :clap: :thumbup:
Time is precious, stop wasting it.
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