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Silver Futures - Jul 24 (MSVc1)

MCX
Currency in INR
Disclaimer
91,650
-2,473(-2.63%)
Closed

Silver Futures Discussions

Buying silver today will be one of the best investments for the next 50-100 years. Very likely to outpace equities.
let's see how many percent you gona load today after one cent haha
Are You talking to Me ?
Ok
Copper will work lower
this will go parabolic up....the more it goes up the more the stackers get a silver fever....some even already are in hurry to stack. The most are just unaware....that silver unlike gold get consumed and and most is corroded and gone forever!
Stackers have no money with 3% savings rates
How Much Silver is Left in the Earth: around 550,000 metric tons (2022) 2008, approximately 25,900 metric tons of silver were consumed worldwide, 570,000 metric tons (reserves) ÷ 26,000 metric tons (annual production) = approximately 21.92 years
There is definitely more than 500k tons in Earth's crust. But 500k mineable tons is probably fair for several decades. Further silver is miles and miles into Earth's crust, would cost absurd amount of money to extract and we don't even have the technology to drill that deep in many circumstances.
In conclusion, $30 silver will not increase that 500k silver reserves. Either demand suddenly drops for silver, which it only seems to be increasing. Or the price of silver has to increase to meet rapidly increasing operating costs, technology costs and discovery costs.
Also, John Fry. Your remark on 'a billion ounces in US alone' doesn't even meet the global demand for a single year lol. 2-3 more years of supply deficit at the rate we are going would erase every last excess ounce.
we stackers are able to save on silver coins 100oz per month or more...every individuals can stack 1200oz per year....or around 2 monster boxes...and we are millions worldwide....india and china vietnam USA europe...there starts mania to stack silver coins....the only way to hide savings from higher and higher greed of government taxes
Stackers have been quite weak the past 2 years. Many more people have been selling all of their silver due to financial struggles than are buying that much silver. You can tell with physical premiums. You can buy silver for $1-2 over spot/oz. Which is very low historically.
BIAS of metals is ALL up...doesnt matter actually if it goes intraday a bit lower.....or not....what counts is weekly chart..and the trading bots are programmed to release short position on top of triangle.....Jan 2021.....as the meme reddit silver squeeze happen....this stackers still in place....in fact npw worldwide stackers....include me....we stack...as much we can get at the bottom of new trading floor 30*s
Yes that is right
john what u see after 29.9???
Well, it wood half to fail as support and then stay under it. If that actually happens and I am not looking for that to happen, then we could see a significant down move that would put the retest of 32.75 months away.
Exponential 8 is not a facor write nile on the daily chart. I think this will test 29.905. If youi are relying on elliot wave, ween yourself off if it. It is uselass and misleading. You seahowl accuralte I am on a daily basis. I have not ever mentioned elliot wave and never will. I will only mention elliot wave to discourage you from relying on it.
sir Mr. John, I asked about the 8-exponential average of knowledge because on May 30, you sent a daily chart with the 8-exponential average on it. Remember, you explained how to protect the price
I certainly do remember. I said that it acts a guardrail. See above. I addressed it. Price has broken threw the guardrail. It is a non factor on the daily chart right now.
ok sir thanks for helping I try to learn 🙏
GOLD SILVER CRUDE WEEK LEVEL AND DAY LEVEL WORK AND BIG PROFIT LEVEL 704621. AND 6802
targets of wave 3 are 39.03 and 41
You crossed any resistance as if you weren't on your way there. This is very exciting so good luck 😀
Silver still a better return than SP500 in last 30 days, YTD, last 1 year, last 5 years, last 20 years
US Debt to GDP ratio is the highest in history (even beyond WW2 levels) for 5 years in a row. US GDP is growing at 1.3% YoY, Inflation is 3.8% YoY, US debt is climbing 7% YoY, US debt interest payments are climbing 25% YoY. It's only getting worse from here.
Adjusting for inflation, US GDP is contracting -2.5% YoY and US debt is climbing 3.2% YoY, meaning the gap is growing +5.7% YoY while already at record highs. It is completely unsustainable. And even 4 years after the pandemic, there is no slowing.
In fact, it is likely to widen as interest rates remain high and US debt interest payments are accelerating. As well, tax revenues for the year are expected to remain flat from last year or even decline as millions have lost their job and most that still have theirs have not received income growth in this "Not a recession" recession.
Hi Mr. John fry, what about the 8 exponential average, where is it located and does it affect the closing price below this average?
what about it sir
Sea above. Plot it on your chart.
He has failed us again
US debt not possible to pay back. Printing will soon become the only option.
the mail in 2020 finished now you are hungry a gain
GOLD SILVER CRUDE WEEK LEVEL AND DAY LEVEL WORK AND BIG PROFIT LEVEL 704621. AND 6802
China is buying
how much
2nd attempt at this chart. Ive been having trouble posting chart. 2 entries. we will get two more by morning+++https://invst.ly/15213m
why dont u post it like that guy so we see chart immidiatley, wihout copy paste
These charts are bigger and I can write on them. It. is much easier for you to copy and paste than it is for me to construct them.
zagi Dt When you look at John Fry's charts, you will be aware of where to place your feet. If you are an actual trader, try to benefit from them because it is the result of science, knowledge, and analysis. It is just advice.
2011 was when the US debt had missile launch. 2024 is when US debt has left Earth’s orbit.
thats why i was saying, this time its gonna be historical
i think your maths is wrong; its approx one third i.e 3000$ every year debt payment per individual
he wrote household...you wrote individual.....if households are 3 inviduals.,,,the math rythm
Silver overvalued and Fundamentally Very Weak .... manipulation is on .... investors stay away or invest @27$
cant wait for market to open, need to reload on this dip with 500 k mini
buy every dip
by weekend silver price 22 ...100% target
silver in nose dive fall tomorrow...target 27 tomorrow
...
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