Silver trader here, you need to be careful because the price of SLV is determined by comex futures, not buying and selling of SLV. Silver SHOULD be much higher but they can suppress it there. What we do in RH will not affect the price of silver.
We need Comex contracts to hold for delivery. They won't be able to deliver physical metal. Comex goes boom. I've been patiently waiting for that moment for years.
I found Q a couple of years ago while wandering through the economic rabbit holes. You are correct Silver and Gold are very under valued, however they are under valued so that the elite can hoard as much as possible while at the same time watching world currency become valueless. It is said that JP Morgan, for example has at least 700,000,000 ounces of physical silver in their vaults. If they have been buying that at $20.00 an ounce, how is increasing the value to $1000.00 an ounce going to affect them. I think this move is poorly thought out.
Stick with $GME until after Friday. This isn't about undervalued stocks, this is about fucking Wallstreet hedge funds doing something illegal (again) and us using their greed to make $$$ with our numbers and strong hands.
If you want to buy silver get physical 1oz coins (US or Canadian currency since they are rarely counterfeited as opposed to fake bars and other coins)
We have grown to the kind of size we only dreamed of in the time it takes to get a bad nights sleep. We've got so many comments and submissions that we can't possibly even read them all, let alone act on them as moderators. We wrote software to do most of the moderation for us but that software isn't allowed to read the Reddit new feed fast enough and submit responses, and the admins haven't given us special access despite asking for it.
We're suffering from success and our Discord was the first casualty. You know as well as I do that if you gather 250k people in one spot someone is going to say something that makes you look bad. That room was golden and the people that run it are awesome. We blocked all bad words with a bot, which should be enough, but apparently if someone can say a bad word with weird unicode icelandic characters and someone can screenshot it you don't get to hang out with your friends anymore. Discord did us dirty and I am not impressed with them destroying our community instead of stepping in with the wrench we may have needed to fix things, especially after we got over 1,000 server boosts. That is pretty unethical.
To add to this, people are co-opting our name on twitter. I won't mention their accounts, but lots of handles with "wsb" and "wallstreetbets" in them are pretending to speak for us. They're saying things that we don't agree with, driving traffic to derivative communities and shitty pixelated merch stores, and generally making it harder for us to define who we are. There's also too much political bullshit in a community that was never ever political. The only way I want to occupy Wall St is in a suit myself or rent-free in the mind of a blown up short.
That is why I'm throwing my support behind the Twitter handle in general. We need a way to PUBLICLY reach out to the staff of the infrastructure that is failing us so the world can see that we aren't doing anything wrong here if they don't respond. We need to be able to respond directly to a reporter that is lying to the world about our clubhouse. We can't be expected to meet any expectations when we aren't given the tools we need.
That's not to say I approve of every message or will even be in the loop for all of them, but it's clear to me we can't do nothing and we need a megaphone.
http://twitter.com/wsbmod aka @wsbmod is the only Twitter handle whose statements are directly from some part of the team.
We'll do our best not to pretend to speak for you, but to try to speak with the volume our name now seems to command to get shit done for us.
Oh I'm aware of that I just meant in reference to this specific post. It sounded like there was money to be made on the paper market but it wouldn't affect the real thing
As a Silver Stacker we all hope that this is true. As a Silver Stacker we have all heard this before. I've recommended silver for years now but remember just like everything else, do NOT play with what you can NOT afford to lose. I stopped buying at $20, and probably won't buy again until(if) it drops below that.
Having said that, JPMorgan has artificially manipulated the Silver price for years, If it jumped they would be Royally fucked.
There is no metal in these ETFs, both the SLV and GLD have their metal already leased, so just know you are getting a worthless piece of paper when you are purchasing these ETFs.
Guess what the hell I am selling in the morning! Currently Gold is selling at $1, 837. 31. ounce I plan on selling Gold I bought back in the 1980s if it hits $2,000 ouch
Chris Duane (creator of Silver Shield) has put together a fantastic history lesson on the suppression of silver over the past 170 years.
His YT channel is "TheGreatestTruthNeverTold". This is his 8-hour magnum opus...worth every second if you have any doubts that silver will one day reign supreme as "money": https://www.youtube.com/watch?v=p2T7T_fpuIw
I recommend this to everyone who is hesitant or curious about investing in silver.
Compared to gold, it’s been under valued for a long time.
Silver trader here, you need to be careful because the price of SLV is determined by comex futures, not buying and selling of SLV. Silver SHOULD be much higher but they can suppress it there. What we do in RH will not affect the price of silver.
We need Comex contracts to hold for delivery. They won't be able to deliver physical metal. Comex goes boom. I've been patiently waiting for that moment for years.
Hunt brothers and Warren Buffett have both attempted this. They were shut down by powers-that-be.
Not saying that it wouldn’t work now, though.
What is comex?
What about taking physical deliver of silver coin/bar?
Can that force a short squeeze?
I found Q a couple of years ago while wandering through the economic rabbit holes. You are correct Silver and Gold are very under valued, however they are under valued so that the elite can hoard as much as possible while at the same time watching world currency become valueless. It is said that JP Morgan, for example has at least 700,000,000 ounces of physical silver in their vaults. If they have been buying that at $20.00 an ounce, how is increasing the value to $1000.00 an ounce going to affect them. I think this move is poorly thought out.
Hunt brothers were scapegoated.
https://youtu.be/uG4sjFnX6YQ
Check out this thread before jumping into silver: https://wearethene.ws/notable/198434
silver isn't quite the same as a stock that has a short .
you have no idea how long the grift in silver has been going on.
There are so very very many reasons not to dabble in it unless you know what you are doing.
1.: the LIBOR was fruad for every till just recently.
do you really think that they cleaned it up given how much money they have fleeced off of the public for generations in these markets?
this anon knows. DONT FALL FOR THIS FUCKING SLV TRAP YOU GUYS
I agree completely. I wouldn't touch SLV. If you want to invest in silver, I would buy physical coins or bullion.
100% this.
Stick with $GME until after Friday. This isn't about undervalued stocks, this is about fucking Wallstreet hedge funds doing something illegal (again) and us using their greed to make $$$ with our numbers and strong hands.
If you want to buy silver get physical 1oz coins (US or Canadian currency since they are rarely counterfeited as opposed to fake bars and other coins)
2020 American Silver Eagle 1 oz $1 - 1 Roll - Twenty 20 BU Coins in Mint Tube
Is it me or does the user avatar look like Trump? lol.
https://gab.com/a/posts/105630415451449955
THEY cant. but WE can.
wsb works because they are millions of people. Even if everyone buys 10 shares we can out muscle the large banks. Get involved.
DO IT
DO IT
DO IT
DO IT
DO IT
DO IT
DO IT
DO IT
So Ive stocked up on silver bullion, and not a market fag. Should I buy more silver bullion?
Been stacking physical silver for years. Waiting for it to pop.
I used to stack, got out a few years ago, probably should have some on hand. I traded them in for assets that lay eggs and some I can milk...
Those are also good assets to have.
That's a good trade.
submitted 2 hours ago by zjz M
We have grown to the kind of size we only dreamed of in the time it takes to get a bad nights sleep. We've got so many comments and submissions that we can't possibly even read them all, let alone act on them as moderators. We wrote software to do most of the moderation for us but that software isn't allowed to read the Reddit new feed fast enough and submit responses, and the admins haven't given us special access despite asking for it.
We're suffering from success and our Discord was the first casualty. You know as well as I do that if you gather 250k people in one spot someone is going to say something that makes you look bad. That room was golden and the people that run it are awesome. We blocked all bad words with a bot, which should be enough, but apparently if someone can say a bad word with weird unicode icelandic characters and someone can screenshot it you don't get to hang out with your friends anymore. Discord did us dirty and I am not impressed with them destroying our community instead of stepping in with the wrench we may have needed to fix things, especially after we got over 1,000 server boosts. That is pretty unethical.
To add to this, people are co-opting our name on twitter. I won't mention their accounts, but lots of handles with "wsb" and "wallstreetbets" in them are pretending to speak for us. They're saying things that we don't agree with, driving traffic to derivative communities and shitty pixelated merch stores, and generally making it harder for us to define who we are. There's also too much political bullshit in a community that was never ever political. The only way I want to occupy Wall St is in a suit myself or rent-free in the mind of a blown up short.
That is why I'm throwing my support behind the Twitter handle in general. We need a way to PUBLICLY reach out to the staff of the infrastructure that is failing us so the world can see that we aren't doing anything wrong here if they don't respond. We need to be able to respond directly to a reporter that is lying to the world about our clubhouse. We can't be expected to meet any expectations when we aren't given the tools we need.
That's not to say I approve of every message or will even be in the loop for all of them, but it's clear to me we can't do nothing and we need a megaphone.
http://twitter.com/wsbmod aka @wsbmod is the only Twitter handle whose statements are directly from some part of the team.
We'll do our best not to pretend to speak for you, but to try to speak with the volume our name now seems to command to get shit done for us.
people have been saying this for 4 years now
Not a marketfag so probably dumb question but does this suggest we buy actual silver or the fake on-paper silver?
Real. It’s a valuable industrial metal.
Oh I'm aware of that I just meant in reference to this specific post. It sounded like there was money to be made on the paper market but it wouldn't affect the real thing
As a Silver Stacker we all hope that this is true. As a Silver Stacker we have all heard this before. I've recommended silver for years now but remember just like everything else, do NOT play with what you can NOT afford to lose. I stopped buying at $20, and probably won't buy again until(if) it drops below that.
Having said that, JPMorgan has artificially manipulated the Silver price for years, If it jumped they would be Royally fucked.
Holy cow, is this it? The peasants are finally scaring the elites?
There is no metal in these ETFs, both the SLV and GLD have their metal already leased, so just know you are getting a worthless piece of paper when you are purchasing these ETFs.
Does anyone actually know what a short squeeze is? You can’t short squeeze $SLV. There’s nothing to squeeze.
700 oz on silver bullion ready to disperse at the right timing - bought in for ~$20/ozt
Do it!
so how can u buy stocks for this? or should i? i’m confused about all this stuff.
Guess what the hell I am selling in the morning! Currently Gold is selling at $1, 837. 31. ounce I plan on selling Gold I bought back in the 1980s if it hits $2,000 ouch
Hold it. We're going back on the Gold standard during Trumps 2nd and 3rd term
Do we sell after it explodes? I just dont know
no. Diamond Hands
Chris Duane (creator of Silver Shield) has put together a fantastic history lesson on the suppression of silver over the past 170 years.
His YT channel is "TheGreatestTruthNeverTold". This is his 8-hour magnum opus...worth every second if you have any doubts that silver will one day reign supreme as "money": https://www.youtube.com/watch?v=p2T7T_fpuIw
I recommend this to everyone who is hesitant or curious about investing in silver.
This would make me and JP Morgan very very happy! https://cambridgehouse.com/news/7696/jp-morgan-may-be-sitting-on-almost-700-million-ounces-of-physical-silver
I'm sure this is still a hedge. They are likely massively short. They are the key player behind the massive silver short of 2008.
Removing. This post is off-topic / not related to Q and belongs somewhere else, anon. Thank you for understanding.
Yes please, doo eet. Full disclosure, got lots of silver in the house just on case it was normalised on market again one day
Someone flash crashed the price to cover themselves. I will also be buying more friday if its still under 26