Was the US attack on Iran the right thing to do?
Total Voters: 31
Loading ...Wall Street Mav
@WallStreetMav
·
10m
Lots of people are talking silver mining stocks lately.
Most of the stocks being mentioned as “silver miners” are not mining much silver. They mine gold or lead or zinc or copper, with a small portion being silver.
Or they are exploration companies that don’t mine anything.
There are perhaps 5 stocks that actually mine silver and it represents more than 50% of revenue.
This is where my Schwab real-time quote system goes haywire, and the bids/ask of SLV start going all over the place. This is also where they like to start testing the stops and softening up the metals before the Crimex opens. Anything they can do to stop the momentum.
Shanghai pm fix dropped a little to $103.57 I’m surprised we’re doing as well as we are.
The dollar is down almost 1% with rates higher. Not supposed to work that way. More trouble in bond land?
Good to see you’re fighting the good fight.
“HODL bro,” they type through tears,
As gold and silver leave the peers.
No glitches, forks, or laser eyes—
Just real weight… and moonward skies.
I miss Wanka and many others
Wish they could be with us
On ward Pilgrims
Winedoc
I guess every day is a test, but usually it’s a test for our patience with them.
PM shareholders are waking up to portfolio’s up around 5%. I really hope they can hold up, especially in a weak SM. Hopefully it will turn out to be the beginning of the real bull market, where the shares provide leverage to the metal price. They did it back in 2001-02 when the HUI ran to 600 the first time from 35. I’ll never forget it because we had to hear from “ment” about how his mother-in-law’s account made so much money because he bought at 35.
I guess if there’s one thing that pm’s have made me aware of – it’s my age, and just how long I’ve been riding this train. This is “the blessed hope” of every gold bug. Some of us didn’t live to see it. Wanka, floridagold, Farmboy?, Some old names. This is where we square up with the phony markets by holding “real stuff.” this is where the music stops and we take a seat.
Let’s hope “THIS IS IT!” as Wanka used to say.
10 yr. here also up to 4.28% was 4.13% last week. Dollar getting hit as well. They are piling into the Euro and Sterling – good luck with that.
PM shares are blowing up on the Globex, as the SM gaps down. No doubt they’ll hit the sell button on pm’s at the open to see if they can tamp things down with the SM.
Silver $95.50. Gold $4730 – What’s not to like?
I’m sure I’ll change my tune at the open. 🙂
JGB yields. Vertical. New PM says “Print, print, print”.
Rates rising. Now 4.27%
Gold is the lone superstar and silver still maintaining most of yesterday’s gains.
Greenland?
You should watch this especially near end. Tarriffs over Greenland start Feb. 1.
Prices could possibly go so high for silver it calls for looking for alternatives
.
Pretty good.