Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
$SILVER weekLy…$26.23 cloSe… oPen for the week $26.64, HigH $26.91, loW $25.82, volume 23.2M, change for the weeKlY -0.27, with slow stoastics starting to bottom ouT like it did in May of last yeaR, with Trix flirting to cross to the uPside, and Williams at -62.88, and hanGing out at the 50ma to boot GidDy uP SILVER...
https://schrts.co/VHEFyqWV
$jt6455 thanks; 'Great Panther Silver, Ltd. (GPL)' Webcasts -
The Company will host a conference call and webcast on Thursday,
March 4, 2021, at 9:00 AM PT/12:00 PM ET. Shareholders, analysts,
investors and media are invited to join by logging in or calling in
five minutes prior to the start time.
Webcast: Webcast Registration
https://www.greatpanther.com/investors/webcasts/
Canada/USA TF:
1 800 319 4610
International Toll:
+1 604 638 5340
Scroll to the right to see the table data.
A replay of the webcast will be available approximately one hour
after the conference call.
Audio replay will be available until April 4, 2021, by calling
the numbers below using the replay access code 6298.
Canada/USA TF:
1 800 319 6413
International Toll:
+1 604 638 9010
Replay Access Code: 6298
Scroll to the right to see the table data.
Replay of previous Great Panther conference call and webcasts
are available below.
2020
Third Quarter 2020 Financial Results Webcast and Conference Call
Second Quarter 2020 Financial Results Webcast and Conference Call
First Quarter 2020 Financial Results Webcast and Conference Call
https://www.greatpanther.com/investors/webcasts/
$jsc52033 thanks; Great Panther Mining Ltd (GPL) BARCHART OPINION Overall Average: 88% BUY
$GPL is way undervalued and heading to multi dollars the financial
forecasts to be released soon!!
$BARCHART OPINION Overall Average: 88% BUY
Overall Average Signal calculated from all 13 indicators.
Signal Strength is a long-term measurement of the historical strength
of the Signal, while Signal Direction is a short-term (3-Day)
measurement of the movement of the Signal.
Barchart Opinion
https://www.barchart.com/stocks/quotes/GPL/opinion
Will Silver investors take delivery on the COMEX this week: w/David Smith
Thats the SPIRIT...
HI HO Silver away!!
HI HO Silver away!!
Yes Sir... GOOOOOOOOO SILVER... GidDy uP...
hey you giddy over silver?
Hey KaZor!!!
You all ready to Rumble... GidDy uP Silver
Yeah I'm done buying currency for the GCR so now it just phsical silver i'm buying
Nice... I bought some earlier this year as well... GidDy uP Silver...
I've Been buying Physical Silver lately.....
Silver "Total Comex open interest is at an alltime high. The Large Specs are are building an unprecedented NET SHORT position. And The Commercials (the Banks) are now NET LONG for the first time ever."
This is how crazy OI is... its now at a record 146% of global silver mine supply... Yowsa... GidDy uP Silver...
http://silverseek.com/article/discussing-comex-silver-17195
yeah, hovering around $20/Oz.. pretty cool, i have not looked at the price in a while. cant wait for $50 lol
Ted Butler Commentary
July 28, 2016
From the Economic Collapse board
BUYING PANIC The prime component for my investment case in silver has always been the likelihood of a physical shortage. The potential for a physical silver shortage exists now more than ever. First off, I am referring to a coming shortage in the form of silver that matters most – 1,000 ounce bars. The wholesale price of silver is determined by 1,000 ounce bars, because they are the industry and institutional investment standard.
The entire world supply of verifiable 1,000 ounce bars in existence (including ETF and COMEX inventories) is just under 900 million ounces, to which I would add 500 or 600 million ounces in unrecorded 1,000 ounce bars (of which I believe JPMorgan holds the majority). Let’s call it 1.5 billion ounces, worth around $30 billion. Compare that known gold in all forms of 5.5 billion ounces, worth $7.5 trillion. In dollar terms, there is 250 times more gold than silver in the world. Common sense would suggest if there is going to be a shortage, it would likely occur in a commodity where inventories are small.
Like most investment assets very little of what exists is available for sale. That’s because relatively few sellers exist at any time in any asset, usually amounting to 5% or 10% of the total. Only 100 million ounces of 1,000 ounce bars, worth $2 billion, are available. We live in an era when billions of dollars can flow into an asset at any time. Should a small amount of money get directed towards silver, say 10% of what flowed into gold ETFs over the past six months, it would likely exceed the amount of metal available. In addition to sending prices higher, sudden investment demand would disrupt the entire silver supply chain and lead to the “doomsday” effect in silver – an industrial user inventory buying panic.
Because 90% of silver demand is earmarked for industrial fabrication an investment buying surge would result in growing delays in delivery to industrial users. When faced with this shortage they will not only buy, but buy more than usual, adding to the physical shortage. The first stage of investment buying may have already begun. If investment buying depletes the available supply of 1,000 ounce bars, industrial users will pour into the silver market. World silver inventories are down more than 90% from 75 years ago and only 10% is available from current production for investment in 1,000 ounce bars. It will take much higher prices to balance supply once a combination of investment and user demand kicks in. This is the case for $100 and higher silver.
At precisely the same time as developing investment demand, 8 commercials (major banks) have never been short so much silver on the COMEX (nearly 500 million ounces). Higher prices have put those traders more deeply underwater (in combination with gold) than ever, while those same rising prices threaten to ignite an investment stampede. Their bottom-line loss since year end is $2.5 billion, the most ever. Even more stunning is the quickness in which the commercial losses developed. Only five weeks ago, the commercials were ahead for the year by around $1.5 billion, meaning there has been a turnaround in the collective commercial position in COMEX gold and silver of $4 billion.
The commercials have never been this deep in the hole before in combined gold and silver losses. These unprecedented losses to the commercials make them more vulnerable to further losses and more desperate to turn prices down. Make no mistake – whether the commercials succeed or not is what will determine which way gold and silver prices move in the immediate future. Even if the commercials prevail again, and that is far from certain, the tide seems to be turning on the whole COMEX game that has existed for decades. It’s hard to characterize the current extreme set-up in COMEX market structure as being deliberately constructed by the commercials in its current form. Who would knowingly dig themselves into the deep hole the commercials find themselves in? Never in the past have gold and silver prices rallied strongly after historic commercial short positions had been established. Yet, for the very first time, prices have rallied.
It’s not possible the commercials intended to be billions of dollars in the hole. The most plausible explanation for why they are so deep in the red is simple miscalculation. And if the commercials have miscalculated to this point, that would seem to increase the odds of continued miscalculation, leading to a total failure which I would define as aggressive short-covering on escalating prices. If these big banks manage to extricate themselves from the trap they are in, I wouldn’t expect them to go so heavily short ever again. That’s the key to the future. It’s definitely a good time to own silver.
http://www.siliconinvestor.com/readmsg.aspx?msgid=30680680
From another board. H/T to copytele
http://www.321gold.com/editorials/guest/smith071416.html
nice pickup at those prices
Last year I bought two Monster boxes at one time, if memory serves (and I am so old it seldom does now) I paid around $8300 each. I have cash for at least one more Monster but now they are selling for over $11,000. Love my coins but it is hard to take that much cash out for one more Monster. Wish I had it but . . .
Thats the Spirit... GidDy uP Silver...
Sweden’s Largest Gold and Silver Dealer’s Bank Accounts Closed, Shut Out of Banking System!
European capital scrambling into gold following BREXIT, the cartel just played their hand.
The plan this time is NOT door-to-door confiscation, but simply to SHUT DOWN the best gold and silver dealers the moment the public begins to wake up…
Notice posted on Tavex Guld & Valuta’s website that as of 15:30 on June 30th 2016, they can no longer accept bank deposits or transfers as SEB has shut down their accounts without notice, leaving the PM firm scrambling to set up alternate payment systems
: (google translated into English)
Warning of change in Tavex AB’s payment
Best customer,
We hereby announce that as of 15:30, Thursday, June 30, 2016, we can no longer accept bank transfers or bank deposits for gold and silver to our Swedish SEB account.
The reason for this is that SEB – at very short notice – informed us that they will close down our bank account. This decision has, unfortunately, been made without first consulting us, and in addition to state in its notification letter that the decision to close our account due to “a general business decisions,” they have not yet given us any concrete reason why they decided to take this measure .
The banking system in Sweden is operated however vigorously towards a cashless society, as you probably are aware of, and Tavex has, as one of the largest wholesale suppliers of physical notes and investment metals in Sweden, as we see it become a target for the major commercial banks.
With that said, we are working frantically to set up a new payment system that we believe will be operational in two to three weeks.
The strategy makes perfect sense from the cartel’s point of view. While stackers worry about a gold and silver confiscation event, the concern for the elite in today’s financial world is not the 0.1% that own precious metals, it is keeping physical gold and silver out of the hands the gradually awakening masses. (Particularly when they’re suddenly awaken via an event like BREXIT or bail-ins)
In fact, the plan has already been tested and implemented in the US and is simply lying dormant awaiting the Go Signal, under the program Operation Choke Point.
If you haven’t acquired your financial insurance before the financial crisis hits, don’t expect the elite to allow you to acquire them when TSHTF.
http://www.silverdoctors.com/gold/gold-news/sweden-gold-and-silver-dealer-shut-down-banking-system/
silver to gold ratio 66.65 to 1
Yep. I wonder if maples have higher premiums. Has the queen on it
Remember last year I went on that british coin buying binge? Lol...
Wish I could have predicted the Brexit but hay I still made the move
Cheers Buds \_/
P.S. If it hits $100 I still have your sitting bull!
lets not forget to add that $4.50/$6.00 premiums when counting your money, i mean silver
I agree. I'm of the opinion that physical precious metals are what we will see as valuable in the future!
Yeah all those years of buying the dips are getting ready to pay off big. Though honestly I don't mind holding my stack for another 20 years until i am ready to retire. By that point the dollar will be worthless and silver will be trading regularly at $100 and oz.
Since hindsight is great... Wish I had bought more last year. I buy physical not paper silver.
YES... Hey hotrod34racer... HI O' Silver...
Alright now we are talking about something again
Good to see you around again buddy
LOVE IT LOVE IT. I have two Monster boxes plus.
I'll sit and smile and wait and see where it goes.
are we having fun yet ;) GidDy uP Silver...
Thanks. I wonder what the Hedge Funds know"?
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |