What an interesting prediction.On silver.

I have been waiting for this Bo Polny prediction on Silver to happen, well who would have thought? bang on time Silver went up about forty cents ,on the 11th as per his graph. He has actually been pretty right before on his cycles. Anyway I thought this would interest some people on the site.

Awesome! I'm a silver bug. I wanted to buy some yesterday when it dropped. Crud. Didn't move fast enough. I used to play paper silver on the stock market, those ETFs are a wild ride.

However, I had forgotten that burn dressings and new treatments are employing colloidal silver in order to destroy pathogens, etc. If we get into a nasty war, it will be worth a lot more than it is now....unfortunately.

Medical support of military operations involves treatment of massive soft tissue wounds, thermal burns, open fractures, blast injuries and traumatic amputations under conditions that are often austere and far from supply lines. Military hospitals, as recently deployed in Iraq and Afghanistan, are designed and equipped for stabilization and rapid transfer of injured patients back to their home nation. These austere facilities are often tasked with the emergency or long-term treatment of local populations when injured or burned, further stressing the medical resupply system. Pathogens encountered in contemporary wartime practice are increasingly resistant to antibiotics. Ionic silver is bactericidal against a broad spectrum of bacteria, yeasts and fungi, has been utilized as a topical antiseptic for over 100 years, and has no known clinically-relevant resistance. Silver-nylon dressings, initially stocked in US military hospitals as a burn dressing, are now finding utility as a universal dressing for all types of combat wounds. Compared to conventional burn dressings, they are easier to transport and store, easier to use, and do not need to be changed as frequently, allowing for conservation of nursing resources. In this literature review, the recent military uses of silver-nylon dressings are examined. The stockpiling and use of silver-nylon as a universal military burn and wound dressing is advocated.

www.sciencedirect.com...

Silver is also used in Tomahawk missiles, among other things. See:

goldsilverbitcoin.com...

Perhaps yesterday's hard drop was to shake out the suckers so they could run it today.

Trading silver is hellacious.

A very easy way to lose money.

a reply to: FissionSurplus


Yes 500 ounces per missile. All irretrievable.

a reply to: FissionSurplus

However, I had forgotten that burn dressings and new treatments are employing colloidal silver in order to destroy pathogens, etc. If we get into a nasty war, it will be worth a lot more than it is now....unfortunately.

Colloidal silver and silver soap are first aid staples in our home. And I make sure to keep my kids stocked up on it as well. I guess it's time to stock up again!

a reply to: grey580

Try crypto. A few will get 3000% percent gains in one day and the rest will lose it all

a reply to: lightedhype

I'm into crypto.

It's not that easy either. lol.

I always laugh when these analysts are like "oh yea, here comes $50-$100 silver!" It lets me know they don't have a clue what they are talking about.
Im selling 100 ounces when it hits $19 so I can pay for a few things around the house. I think it will get to $19 or damn close before summer, hold, and then drop back down. If it hits $20, i will sell another 100 just to buy the dip that follows.

Silver is actually very profitable to trade for the regular guy, better than gold in many cases.

Those of us who actually play with Silver, who agrees with me $19 silver before summer, holds, and then dips??

It hit 21 so easy just a few months ago...then back down to 15 quick......whacky.tha reply to: worldstarcountry
En

a reply to: worldstarcountry


On the U.S. Debt clock if the price matched the dollar without the Fed constantly shorting it. It would be about a thousand an ounce. Gold ten thousand In U.S dollars, it doesn't necessarily mean silver has increased in intrinsic value it just stays still while the fiat dollar does its thing, but with Fiat money from the Fed, as with all fiat things they constantly inflate, to a point of incompetence. However since the Debt clock has been ticking, silvers "intrinsic" value has been rising, and this rise has not been calculated in. Medical, solar, electronics etc. Like an ounce in every flat screen TV. I have been watching it and it does sort of look like if you want a million bucks worth in 100oz bars, as one guy ordered this amount, he had to wait while they were fabricated. Any shortage will show up in 100oz bars first. Plus America has only two main refineries , and one has been closed because of illegal gold refining.
In the last month the biggest shorts ever on silver have been laid, as the price rises, it costs them more each time to short it ,if they don't succeed, at the Comex they have to make up the shortfall with cash or silver. You can see when they short it on the Kitco graph it just drops, but on the recent graphs it doesn't drop very far and recovers quickly, because of demand.
If you are holding silver just be patient, because at present because of price manipulation to make the fiat money look good, its price is well below the "Fair market price" in fact the spot price is about what it cost to produce, which is about 17 dollars an ounce. So even if you took the magic thirds for the miners, that's a third for profit a third for wages and a third to produce, it should be at least 3x17= 51 an ounce which was about its last high in nineteen eighty. I think we are very close to the PM's going ballistic, you can see it with the geopolitical tension. BE PATIENT!

I dont understand why there are so many similar threads on silver. Why do we have to predict something thats very precise?

a reply to: xbeta

It goes in cycles.. the manipulators love that game...

Notice the increase in Silver/Gold Ads lately?

a reply to: JacKatMtn


Demand is rising, mainly in India, not only do they have to pay the extra on the spot price from the supplier but another 12% to the government . A sharia law issue has also been resolved where the only real money is Gold and Silver. Plus the big one the Chinese have opened the Shanghai gold exchange. Russia and China are doing business in gold backed Yuan, so its looking like the whole fiat system is under pressure. So its whole new world out there.

originally posted by: JacKatMtn
a reply to: xbeta

It goes in cycles.. the manipulators love that game...

Notice the increase in Silver/Gold Ads lately?

Like blue eye race topic? İt is kinda boring. I wonder why.

a reply to: GBP/JPY
I don't expect it going anywhere near $25 this year. $21 again is a maybe, but personally, I think ending near $20 is about as good as it gets this year if it does not dip back down below $17. Im expecting another pullback across the board between Memorial day and Independence Day.
a reply to: xbeta
Those of us who play the game enjoy it. You do not have to participate, nobody is forcing you.
a reply to: anonentity
not to mention that more US states are passing legislation to remove taxes on it as well. It seems to me like the establishment is slowly preparing , little by little, to re-monetize bullion into the system.

a reply to: worldstarcountry


Well when he dropped the MOAB stocks went down PM's went up, instantly, so everyone seems to have one hand on the life vests so we will see.

a reply to: anonentity

you got any theories on the numbers for the short term through years end?? I try my best by following the charts for the last ten years.

a reply to: worldstarcountry


My gut feeling is that the suppression at its present price is starting to make the Fed look stupid. What other commodity on Earth hasn't returned to it previous high since 1980? if it goes to fair market value it will be following gold. I'm 95% sure its going to start to rise pretty soon and pretty fast. At least fifty by years end.

a reply to: anonentity

Hey, if it goes that high I will certainly be singing praise

a reply to: worldstarcountry


If you bought at fifty, at present you would think you have endured quite a loss, but the Comex price isn't its fair market value, the same for gold. But if the Fed let it run to its fair market value. It would show how debased the present basket of fiat currency actually is, so they will keep it suppressed as long as they can. But the irony is that they are keeping the price low for the Chinese and the Russians , who are now in the position to back the Rouble and Yuan with it, while the Western currencies are backed with trust. You can see what happened to the price when Trump bombed Syria, and then when he Dropped the MOAB. These geopolitical tensions are not going away. The Stock market is also running on hot air. Its a perfect storm for PM.s.