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#1: NeoconsNailed    To: Horse (#0)

Think of that. Is it sending the price up in those countries? Lucky them if so.

NeoconsNailed posted on 2021-12-22 11:29:02   Reply   Private Reply

#2: Horse    To: NeoconsNailed (#1)

They are lucky because they are buying at a low price. Silver is a far better buy.

Horse posted on 2021-12-22 13:11:34   Reply   Private Reply

#3: NeoconsNailed    To: Horse (#2)

It's down from the steady 25's into the lousy 22's. All the rules seem to have changed, eg the spread permanently huge.

NeoconsNailed posted on 2021-12-22 15:40:37   Reply   Private Reply

#4: StraitGate    To: NeoconsNailed (#3)

If I had sold at $48/oz 10 years ago I could have moved from Tobacco Road to Easy Street.

StraitGate posted on 2021-12-22 19:09:09   Reply   Private Reply

#5: Horse    To: NeoconsNailed (#3)

The price of silver will rebound sharply and faster than gold. It is just a matter of when the market breaks.

Horse posted on 2021-12-22 19:28:17   Reply   Private Reply

#6: NeoconsNailed    To: Horse (#5)

Clearly not this century or the next.

NeoconsNailed posted on 2021-12-22 19:34:26   Reply   Private Reply

#7: BTP Holdings    To: NeoconsNailed (#6)

Clearly not this century or the next.

The Hunt brothers tried to corner the silver market, but they were using borrowed funds. They got caught in a margin call and lost their shirts. ;)

BTP Holdings posted on 2021-12-22 19:40:07   Reply   Private Reply

#8: NeoconsNailed    To: BTP Holdings (#7)

Serves 'em right I guess. They're famous conservs but cornering a morket is a nono, amirite?

NeoconsNailed posted on 2021-12-22 19:43:05   Reply   Private Reply

#9: BTP Holdings    To: Horse (#5)

Silver is one of the few precious metals that can be used up. As long as J.P. Morgan continues to suppress the price of silver, it is going nowhere fast. Up slowly is the best we can hope for. ;)

BTP Holdings posted on 2021-12-22 19:43:22   Reply   Private Reply

#10: BTP Holdings    To: NeoconsNailed (#8)

cornering a morket is a nono

Trying that certainly did not work for them. The borrowed money was the key. It wasn't as if they couldn't afford it. They could, but it just about wiped them out. ;)

BTP Holdings posted on 2021-12-22 19:45:22   Reply   Private Reply

#11: NeoconsNailed    To: BTP Holdings (#10)

Wonder who's bright idea that was :s

NeoconsNailed posted on 2021-12-23 00:18:23   Reply   Private Reply

#12: BTP Holdings    To: NeoconsNailed (#11)

who's bright idea that was

Enlighten thyself. ;)

The Hunt Brothers and their Attempt to Corner the Silver Market

BTP Holdings posted on 2021-12-23 06:34:11   Reply   Private Reply

#13: NeoconsNailed    To: BTP Holdings (#12)

"the Hunts owned 77% of the world’s silver"!?!

And the NY banks bailed 'em out? What's with that!

NeoconsNailed posted on 2021-12-23 08:44:42   Reply   Private Reply

#14: Horse    To: BTP Holdings (#9)

That JP Morgan silver belongs to China.

Horse posted on 2021-12-23 13:04:21   Reply   Private Reply

#15: BTP Holdings    To: Horse (#14)

That JP Morgan silver belongs to China.

Does it really? Do you know the saying, "A bird in the hand is worth two in the bush."?

If the Chinese do not have that silver in a vault in China, then they do not really own it since it is being held by a third party. ;)

BTP Holdings posted on 2021-12-24 11:22:29   Reply   Private Reply

#16: Horse    To: BTP Holdings (#15)

China owns the gold and the silver in the J P Morgan vault. And China kills people who steal from them.

Horse posted on 2021-12-24 13:43:50   Reply   Private Reply

#17: BTP Holdings    To: NeoconsNailed (#13)

"the Hunts owned 77% of the world’s silver"!?!

I think they owned futures contracts. When the bottom fell out of the silver markets, the Hunt brothers could not meet their margin call and this wiped them out. ;)

BTP Holdings posted on 2021-12-24 14:12:06   Reply   Private Reply

#18: BTP Holdings    To: Horse (#16)

China owns the gold and the silver in the J P Morgan vault. And China kills people who steal from them.

Bidette's actions are driving the Russians into the arms of the Chinese.

If this alliance were to take hold it would fit into the script of Washington's Vision at Valley Forge. ;)

BTP Holdings posted on 2021-12-24 14:16:21   Reply   Private Reply

#19: NeoconsNailed    To: BTP Holdings (#17)

That makes sense, and shows all over again that there are no super rich conservatives :[

NeoconsNailed posted on 2021-12-25 02:10:22   Reply   Private Reply