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In reply to the discussion: SOMETHING is going on in the market. Re: precious metals. [View all]Melon
(998 posts)5. It's global data centers and electronics. Silver is a long time artificially suppressed price market
Demand of industrial silver is outstripping supply. People have fled to gold and silver as a safe-haven. The availability of industrial silver is below what is required for next generation memory and gpu demand. The price is skyrocketing but the smelters are now not buying due to the price plus supply as everyone is selling. Well see what happens Monday in the market.
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I noticed this as well. Those of us below the top 1% are just held captive to the PTB forces...
hlthe2b
3 hrs ago
#1
Then I'd hold onto that. A lot of the gold we bought in the 60s in Thailand was high carat and low level design ...
marble falls
2 hrs ago
#27
Yes and the rising number of countries joining BCRICS for trade currency is weakening the US
Bev54
28 min ago
#38
It's global data centers and electronics. Silver is a long time artificially suppressed price market
Melon
3 hrs ago
#5
I read this morning Elon Musk pushing cyber currency. What does he need for his
doc03
27 min ago
#39
Yes, I'm just starting to read about China stopping silver exports on 1/1/26.
LuckyCharms
2 hrs ago
#19
I saw that this morning. I have a little horde of silver bits and pieces I've been saving to cash in and it looks like
Vinca
2 hrs ago
#25
Personally, I don't care all that much about the real estate market
RetiredParatrooper
26 min ago
#42