flower-shilling

Silver Price Watch

Smithys Bullion - FINE GOLD AND SILVER
Let's not forget the market is still controlled. They can slam the price at any time and/or keep silver trading sideways for months and years to come. These little price movements are just part of the game they play. A real physical shortage will see $10 moves a day into triple digit territory.

I look at the charts every few days but I no longer assign the same value to chart analysis anymore. It's like taking economic data from China at face value.
 
like nickel, the default exposed the scam for all to see
just like nickel, it can also be the same for silver, the cover up got exposed under the mid day sun
 
Are we talking $10 moves in USD or AUD? As these types of moves in any of those currencies would be catastrophic world news broadcasting events on MSM.
 
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We are now on the long-term minimum uptrend baseline a very good sign for a break. I smashed it again
 
A big part of me has wanted to see $2000 a kg silver. I remember back in the SS days when silver hit the $1000 a kg mark. It was cause for celebration then and it will be again soon.

I remember buying a heap of these bars in 2020 for around $600 each when the premium was low and the price dipped to $19 an Oz. Of course I sold some at a loss and the rest sunk to the bottom of the ocean in that damn boating accident.
Screenshot_2025-06-06-07-31-53-85_40deb401b9ffe8e1df2f1cc5ba480b12.jpg
 
Look at all that market intervention. We were on a nice upward trajectory late last year, then again 10 weeks ago before silver was stopped at the gates. That doesn't look like a 200 Million Oz deficit market to me. I'm hopeful but my expectations are low.

Screenshot_2025-06-06-08-27-05-24_a068875e8d70110f8d1ec48729c67374.jpg
 
share the story while we wait:

3 men charged over alleged involvement inimpersonation scam, gold worth $800k collected fromvictims
SINGAPORE – Three men have been hauled to court over their suspectedinvolvement in laundering proceeds from a government official impersonationscam, including 27 gold bars each weighing about 100g.On June 6, Ryan Ng Zee Hao, 24, Young Raven, 28, and Randolph Koh Yong Lee, 30,were charged with assisting another person to retain the benefits from criminalconduct.Between May 29 and June 3, Ng and Koh allegedly received several items fromYoung: gold pieces worth around $500,000; 27 gold bars weighing about 100g eachand worth about $300,000 in total; and about $21,000 in cash.These items were collected from scam victims.One of the victims was a 68-year-old man who received a call from someoneclaiming to be from the Monetary Authority of Singapore.He was led to believe that he had been implicated in an offence, and had to surrender the gold bars for investigations. Young allegedly collected the gold bars from the victim on behalf of the scammers,with the help of Ng and a 29-year-old woman, the police said in a statement.After the victim made a police report on June 3, Young, Ng and the woman werearrested the following day.Further investigations by the police led them to arrest Koh and another man, aged29, at Woodlands Checkpoint as they were about to leave Singapore.The police also seized $22,000 in cash and six mobile phones.Investigations of the 29-year-old woman and the 29-year-old man are ongoing.The offence of assisting another person to retain the benefits from criminal conductcarries a jail term of up to 10 years, a fine not exceeding $500,000, or both.Claudia Tan is a journalist at The Straits Times covering the crime and courtbeat.
 
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