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Old 02-08-2021, 02:07 PM
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PHC1 PHC1 is offline

Join Date: Apr 2009
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Goldman Sachs strategists said retail investors would not be able to force a short squeeze in silver. Goldman global commodities head Jeff Currie and other strategists said a short squeeze would be 'unattainable' and that regulations have made it nearly impossible for someone to corner the market. They noted that during the infamous squeeze in 1980, the Hunt brothers were able to acquire a third of the world's supply, driving the price up by 713% in three weeks.

In other news:

Everyone interested in precious metals and coins knows the American Silver Eagle is the most universally desirable and sought after silver coin... There is a new series to look forward to in Platinum however

"From a line of precious metal coins dating back to 1997, the United States Mint introduced a new themed-series with today’s release of the 2021-W First Amendment to the United States Constitution Platinum Proof Coin — Freedom of Religion." Like previous strikes from the program of proof American Platinum Eagles, each 1-ounce coin is 99.95% platinum with a $100 face value.

The new product is the first in a five-year series continuing through 2025 with obverse (heads side) designs reflecting the five freedoms in the First Amendment to the United States Constitution — Freedom of Religion, Freedom of Speech, Freedom of the Press, Freedom to Peaceably Assemble, and Freedom to Petition the Government for a Redress of Grievances.

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Last edited by PHC1; 02-08-2021 at 02:27 PM.
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