O/T B of A & others buying Silver with Gold/Silver Ratio going Ballistic

[morganman]

So the big money entering physical silver mkt, hiring various buyers to try
and fill their huge orders. B of A was of first followed by Melinda Gates, then
Berkshire Hathaway and now Elon Musk with multi billion dollar order.

The last 3 have only been able to secure about 20% or less of order as physical
in those quanities not available period.

Gold to silver Ratio reaches a decades high 95:1 ++ Ratio with silver sold short
on paper down to $ teens $17/18 or so, which is a joke vs actual demand etc
Nobody caring as U S dollar continues rage higher vs other World Currencies
As history has proven the above super high ratio to be un sustainable, maybe
its about time for silver to shine just as other commodities have had their heyday
Crude Oil, Lumber, Grains, Cocoa,Coffee, Cotton etc have all went ballistic, topped
out and now back to earth, with Silver staying super cheap due to rising dollar &
interest rates etc.
Not providing investment advice, rather just a few facts about todays happenings
within a crooked setup IMHO LOL
Somethings happening important when you see huge money being thrown
into a mkt, which has been so cheap so long. Is the setup about to explode?
Shit, I hope so as my personal silver holdings are losing about $2.50-$3 per oz
which equates to a butt kickin. LOL

[chgolaw1]

absolutely agree!

[Kurt28]

In the course of my learning, I came to believe two things.
Metals are a good investment, especially in this time of weak currency.
And all markets are controlled by people with more money than I have.
As a small peanut, I cannot afford to buy or sell on small market movements, so I just keep stacking.
I consider this dip to be a buyer's opportunity. Provided I take physical possession.
And, I could be entirely wrong.

[morganman]

response to Kurt; Most individual small investors position themselves on the
Wrong side of the market, no matter what their trading.
This is mainly due to their lack of knowledge of longer term
fundamental & technical indicators, and lack of a solid entry
and exit stratgedy. Taking time and action to learn why and
how mkts operate is essential to success. Lack of learning
committment leads to ultimate failure, which is why about
90% of individual small traders fail, and loose part or all
their capital to trade/invest. The largest factor is Overtrading
to many positions within the acct, and not protecting your
capital with Stop Loss orders. Figuring appropriate Stop Loss
Orders for your mkt positions is key to the required Learning
of any Market you trade within. Stops allow preservation of
capital as well as market exit stratgedy.

Learning to analyse The Committments of Traders numbers
is very helpful, to determine mkt direction of a given mkt
Knowing how many Longs & Shorts in mkt gives a window of
which direction a mkt is likely to follow longer term, a heads up
inside look before you invest

Most small traders dont use Committment of traders info
or Stop Loss Orders, which is a recipe for DISASTER

Just a tid bit of valuable info for anyone wanting to try
Stock or Commodity trading.

Note: Most stock brokers and many Commodity Brokers
do not use STOPS for clients, as it requires work to
learn & committment. Run for exits if a broker does
not use STOPS like a religion, as he or she is truly
destined to help you lose you MONEY period

Hope this may keep even 1 member here from becomming
a victim of Lack of knowledge in the Investing Cesspool
Trading should be Fun with set rules to avoid huge acct loss,
and hysteria when mkts dont perform as you thought

MY RANT HAS ENDED LOL

[morganman]

Sun evening Sept 11, 2022= For several days silver has gained from a
dismal $17 + change and around a 97:1 gold
silver ratio to open night trade tonight at $19.14

As stated before it seems high gold/silver ratios
to be unsustainable, and silver in this timeframe
in the teens seems a buying oppertunity.
Couple all this with physical tightness and moving
away from the summer metals weakness into fall/
winter when metals have proven to shine brighter
Could the silver price teens be in rear view mirror??

At silver $17.75 i pulled the trigger, selling my silver
put options for huge profits and changed direction
buying silver call options which dont expire until
DEC 2023, allowing plenty of time for a silver spike

Now im long physical as well as paper with my calls
The calls are making money after only a very short
time which is a good indication going forward.
At this time i am a large speculator LOL

[Kurt28]

morganman, I always appreciate your input.
I may not be able to do things in a big way, but I hope to learn now, so that I'll be prepared when the time comes.
thanks.

[morganman]

For what it's worth info= Silver investor David Morgan explains that 90% of a mkt move
occurs within 10% of the time. He says a move to the old highs
of $50 oz silver or above will lead to a silver frenzy propelling
silver fast and furious. He thinks 2024 will be timeframe and
a $100 oz target feasible

Depending on various factors including your age should help
signal at what level you decide to sell. At 67 im looking to sell
around 1/2 on a large move above $50 and hold out for another
move upwards.

Seems most commodity mkts get real cheap and struggle just
before blasting off higher. Supply/Demand, various Fundamentals
and Government issues to name a few seem to be the catalist
for new highs.

Everyone has a opinion on mkts, especially speculative issues,
but doing homework/due diligence seems best suited

[Kurt28]

I find it very reassuring that I agree with every word you wrote.
Perception of global economics is not a function of one's economic position.
One day I'll cash in, but til then I keep stacking.