Careful with this. The scumbags were caught off-guard with GME, but they are ready now, and they may be grouping together. This sounds like it will be a continuing financial war, but don't invest anything that you can't afford to lose.
Quite right. And that's a game that the average person can't play. Best to buy physical silver if you want in. The GME situation and the price of silver are two different animals. Be careful before you act.
Yes, this play is reserved for the actual physical market IMO. The physical market is drying up as evidenced by all the backwardation, and those physical buyers who are left empty handed at the LBMA, can only get metal at the comex.
Careful, don’t get ahead of yourself. All the sharks are aware of us little fish being a threat and will try everything to avoid what has happened today with GameStop with slv
This x1000.
Gold and silver are heavily undervalued due to manipulated markets and have been for years. At least if you buy, its physical wealth not a piece of paper stock. And yes, a bonus if you buying a coin results in the fat cats getting a margin call and losing out bigly.
As a one-time investor with JP Morgan, they cheated me out of about $1,000 a few years ago when I moved my investments to another fiduciary manager. Then they tried to mess up my taxes by sending bogua info to the IRS, which took a tax attorney to correct.
So f@#j JP Morgan, I hope they suffer BIGLY in this silver deal.
After opening a free checking and a credit card with chase, I got the better of them. I got my $250 to sign up for the card, $100 for the account and always maxed out my 5% rewards. I ended up with $1,600 in actual rewards through the life of the account. And they cashed out my rewards once without taking the points. That was $800 and I cashed them a second time successfully. Then one day they added a $25.00 fee to my checking account. I didn’t even argue them. I told them to keep it and closed my accounts. I paid interest on about $1,200 for three months which I think equated to $60 or $80 bucks. I’d say I got the better of that situation.
You guys need to understand that the gamestop surge hasn't even started yet. Once the put holders are forced by brokers to start putting real cash into margin accounts then the surge will begin.
Silver market is a papermarket. Meaning, there is no silver to cover either the shorts or the longs (the puts (price goes down) or the Calls (price goes up))
Banks have forced customers to accept settling of accounts in fiat currency.
This mean they do not need to have the actual physical to cover their shorts or longs. As long as they have enough fiat currency.
This currency is then obtained at the FED who can simply CTRL + P.
So, if you want to make some plays ... Use options, make a profit, invest a part of that profit in physical and hold on to it.
Easy peasy plays are done on the binary options platforms. (higher/ lower with a payout of 70 - 90% or a loss of 100% of your investment)
Money management is key as well as not making mistakes. Best to use a test account first, to see if you are good at it. (2:1 is very well feasible and in 10 months can make you a nice addition to your income)
Once you have enough in your account, you can move some money to other platforms to use the multipliers to really get into the game.
But before you do: try to understand the market. (read, read, read)
Any recommendations? I've picked up books and read them, but most seem to just be filled with allegories and things that happened in the past. Maybe I just picked up the wrong ones.
You keep it, chances are the dollar will collapse and new currency backed by silver and gold will be made, then you trade silver for new currency to buy free real estate.
Same reason GME is going to the moon. It's been shorted so bad that when people start to take delivery of physical silver, the banks will have to buy real physical silver to deliver it in stead of settling in paper.
That is a question I doubt anyone can answer with 100% accuracy. Silver has yet to break through it's old 1981 all-time high of $50, so that is a good potential starting target. Based off of flawed government inflation figures, the inflation-adjusted price should be around $140 in today's dollars. Real inflation targets $300-$400 per ounce of silver. If we were to go back to a gold/silver standard, the price would have to be even higher than that - maybe even triple-digit silver prices, and gold over $10,000. Hope this helps, but do your own research and take into account: supply, demand, inflation, and trends. Good luck!
for those who want to buy some shiny ding ding physical .... Also think about the additional costs, like admin costs and transport. These costs weigh heavy on smaller orders.
IF you would buy with a friend or some friends, you can split the costs, you're all better of.
Check your local coin stores first. I used to gawk at the 10 oz bar in my local SHTF dealer, now I wish I could find it and buy it. I'd go for plain bullion, coins will have a high cost per oz because of numismatic value, which is illusory really. The only value numismatics has is if they tried to confiscate PMs again, you could claim your rare coins were family heirlooms.
If true, Silver could explode upwards, making much sense to buy Physical Silver.
IF a big word. Like gambling, play with money you can lose. Better odds than gambling, Hard to lose it all(fire or theft).
Sources
Local coin dealers
Bullion dealers, mentioned thru-out this post.
Ebay; where I have bought some, mostly 90%, some .999, some coins.
Trade shows, they should be back soon. Coin/gun shows.
The more you know, the safer you are
Remember the GREAT AWAKENING, think for yourself, educate yourself. Some of the bullion dealers listed have articles to learn(PS they are salesmen),
A good dealer is someone you should be comfortable with,.
A good dealer can be worth seeking out.
Learn
Think for yourself
Ask questions
LEARN some more.
PS be careful; there are sharks in the silver market.
Amen-AMEN!!!-----Just bought another 260 rounds of silver TODAY ALONE at Spot+$2 for generic rounds, Spot+$4 for American Eagles & Austrian Philharmonics!!!--
NEVER FUCKING SELLING THIS SILVER---!!!!
JPMorgan can rot it hell as WE, HUMANITY, COME TOGETHER & DESTROY THE CENTRAL BANKER PEDES!!!!
God Bless Donald Trump for waking up the normies....WELCOME TO THE PARTY FOLKS!!
It is one thing to squeeze an over subscribed short, quite another to move commodities. In a short squeeze (especially a fraudulently oversubbed one) you cannot lose if you corner the market - with silver that is unlikely, and even if you did you would be also left holding the baby in the end as well.
Can somebody comment on the Great awakening CVS the Great Reset? Isn’tGESARA similar in someways to the Great Reset doing away with money? What’s the difference? Are they two sides of the same coin?
I just calculated the last 4 trading days in GameStop (GME) in dollar terms and it totals $82.3 billion. I think annual silver production is roughly 1 billion ounces and at current prices that would total about $25 billion. That means yesterday’s trading volume in GameStop of $29.9 billion would have purchased more than the entire annual silver mine production! And the last 4 trading days in GameStop ($82.3 billion in dollar terms) would have purchased more than a staggering 3-times the entire annual global silver mine production! This type of buying would obviously create one hell of a violent short squeeze in the silver market.
Trade platforms; Sofi, Schwab, tradezer0, fidelity, vanguard, are all the ones I've seen people talk about.
Get in buy physical blow up the shorted mines ($AG).
??
only if you buy physical
Doesn’t the Peter Schiff guy own a website where you can buy physical metals?
and you can trust him to do what’s best
lol
buy it and walk out the store with it
Yes. I don't know the website, but his physical gold/silver company is Schiff Gold.
What about shares in a company that deals in silver / mining?
is that $1000 USD or CA?
USD
Where did you buy it that low?
it wasn’t that cheap
2009 saw 9 dollar USD lows
My silver Trump coins from Disme are about to mature rapidly.
Bigly
Careful with this. The scumbags were caught off-guard with GME, but they are ready now, and they may be grouping together. This sounds like it will be a continuing financial war, but don't invest anything that you can't afford to lose.
Yes but the only way to break the bank is not through the SLV paper game but through the Comex and taking delivery.
Quite right. And that's a game that the average person can't play. Best to buy physical silver if you want in. The GME situation and the price of silver are two different animals. Be careful before you act.
Yes, this play is reserved for the actual physical market IMO. The physical market is drying up as evidenced by all the backwardation, and those physical buyers who are left empty handed at the LBMA, can only get metal at the comex.
Buying now.
Where?
100 shrs SLV
Yes, thats what I bought. 100 for now. Watching. I may go all in if the signals are there.
Careful, don’t get ahead of yourself. All the sharks are aware of us little fish being a threat and will try everything to avoid what has happened today with GameStop with slv
Oh yeah, quite aware of that. Watching close and adjusting as needed. Looking real good so far. Eyes on the charts. Thanqs and GL.
long silver - long long long - let's shake them out !
Diamond Long Johns!
Unlike stonks, physical silver will never be worth Zero.
This x1000. Gold and silver are heavily undervalued due to manipulated markets and have been for years. At least if you buy, its physical wealth not a piece of paper stock. And yes, a bonus if you buying a coin results in the fat cats getting a margin call and losing out bigly.
As a one-time investor with JP Morgan, they cheated me out of about $1,000 a few years ago when I moved my investments to another fiduciary manager. Then they tried to mess up my taxes by sending bogua info to the IRS, which took a tax attorney to correct.
So f@#j JP Morgan, I hope they suffer BIGLY in this silver deal.
After opening a free checking and a credit card with chase, I got the better of them. I got my $250 to sign up for the card, $100 for the account and always maxed out my 5% rewards. I ended up with $1,600 in actual rewards through the life of the account. And they cashed out my rewards once without taking the points. That was $800 and I cashed them a second time successfully. Then one day they added a $25.00 fee to my checking account. I didn’t even argue them. I told them to keep it and closed my accounts. I paid interest on about $1,200 for three months which I think equated to $60 or $80 bucks. I’d say I got the better of that situation.
Glad you made out... but they're still on my shit list.
Agreed, fuck them.
You guys need to understand that the gamestop surge hasn't even started yet. Once the put holders are forced by brokers to start putting real cash into margin accounts then the surge will begin.
Can someone explain this to me?
If I buy physical silver and store it, and then the price of silver goes up, where would I sell the silver back to to make a profit?
You can sell it to any bullion dealer, including the one you bought it from.
You don't. You keep it.
Silver market is a papermarket. Meaning, there is no silver to cover either the shorts or the longs (the puts (price goes down) or the Calls (price goes up))
Banks have forced customers to accept settling of accounts in fiat currency.
This mean they do not need to have the actual physical to cover their shorts or longs. As long as they have enough fiat currency.
This currency is then obtained at the FED who can simply CTRL + P.
So, if you want to make some plays ... Use options, make a profit, invest a part of that profit in physical and hold on to it.
Easy peasy plays are done on the binary options platforms. (higher/ lower with a payout of 70 - 90% or a loss of 100% of your investment) Money management is key as well as not making mistakes. Best to use a test account first, to see if you are good at it. (2:1 is very well feasible and in 10 months can make you a nice addition to your income)
Once you have enough in your account, you can move some money to other platforms to use the multipliers to really get into the game.
But before you do: try to understand the market. (read, read, read)
Any recommendations? I've picked up books and read them, but most seem to just be filled with allegories and things that happened in the past. Maybe I just picked up the wrong ones.
Oh .... in verb adverb babble?
For the knowledge of the :Parse-Syntax-Grammer is not with the :Redtoe-skipper.
:True-statement.
You keep it, chances are the dollar will collapse and new currency backed by silver and gold will be made, then you trade silver for new currency to buy free real estate.
☝️
Same reason GME is going to the moon. It's been shorted so bad that when people start to take delivery of physical silver, the banks will have to buy real physical silver to deliver it in stead of settling in paper.
That is a question I doubt anyone can answer with 100% accuracy. Silver has yet to break through it's old 1981 all-time high of $50, so that is a good potential starting target. Based off of flawed government inflation figures, the inflation-adjusted price should be around $140 in today's dollars. Real inflation targets $300-$400 per ounce of silver. If we were to go back to a gold/silver standard, the price would have to be even higher than that - maybe even triple-digit silver prices, and gold over $10,000. Hope this helps, but do your own research and take into account: supply, demand, inflation, and trends. Good luck!
So Trump needs market collapse to move us to Gold Backed Economy, Might as well sit that out and let Obiden take the blame.
And let (them) blame it on redditors lol
for those who want to buy some shiny ding ding physical .... Also think about the additional costs, like admin costs and transport. These costs weigh heavy on smaller orders.
IF you would buy with a friend or some friends, you can split the costs, you're all better of.
Check your local coin stores first. I used to gawk at the 10 oz bar in my local SHTF dealer, now I wish I could find it and buy it. I'd go for plain bullion, coins will have a high cost per oz because of numismatic value, which is illusory really. The only value numismatics has is if they tried to confiscate PMs again, you could claim your rare coins were family heirlooms.
Buy physical if your getting some
The lid is going to blow really quickly here.
If true, Silver could explode upwards, making much sense to buy Physical Silver. IF a big word. Like gambling, play with money you can lose. Better odds than gambling, Hard to lose it all(fire or theft). Sources Local coin dealers Bullion dealers, mentioned thru-out this post. Ebay; where I have bought some, mostly 90%, some .999, some coins. Trade shows, they should be back soon. Coin/gun shows. The more you know, the safer you are
Remember the GREAT AWAKENING, think for yourself, educate yourself. Some of the bullion dealers listed have articles to learn(PS they are salesmen), A good dealer is someone you should be comfortable with,. A good dealer can be worth seeking out.
Learn Think for yourself Ask questions LEARN some more. PS be careful; there are sharks in the silver market.
Oh snap, I put a few hundred into AG this morning.
Sell and buy real silver. SDbullion .com has it pretty cheap. $300 for 10oz
Thanks fren!
https://financhill.com/most-heavily-shorted-stocks-today
GOLD KILLS THE FED
Well I hope you're right, because I just bought some.
So what should one do if they have a large silver coin collection?
Sleep soundly.
lock it in a safe.
:) I remember selling old beat collections when SLV was at $50
Amen-AMEN!!!-----Just bought another 260 rounds of silver TODAY ALONE at Spot+$2 for generic rounds, Spot+$4 for American Eagles & Austrian Philharmonics!!!--
NEVER FUCKING SELLING THIS SILVER---!!!!
JPMorgan can rot it hell as WE, HUMANITY, COME TOGETHER & DESTROY THE CENTRAL BANKER PEDES!!!!
God Bless Donald Trump for waking up the normies....WELCOME TO THE PARTY FOLKS!!
wait for the dollar to crash, then trade it for new currency.
Future millionaire here
It is one thing to squeeze an over subscribed short, quite another to move commodities. In a short squeeze (especially a fraudulently oversubbed one) you cannot lose if you corner the market - with silver that is unlikely, and even if you did you would be also left holding the baby in the end as well.
How does one buy silver that isn't physical? Or should I just buy physical silver? Lol
physical
Can somebody comment on the Great awakening CVS the Great Reset? Isn’tGESARA similar in someways to the Great Reset doing away with money? What’s the difference? Are they two sides of the same coin?
Are silver bars or coins better? If they were the same price would you rather have 5 1oz coins or 1 5oz silver bar?
coins if they are literally the same price.
Upon inspection it looks like the coins are slightly more $$ but what about rounds vs bars?
buy whatever is cheapest as long as it says .999
Don’t matter. Weight is what matters
Is it too late to buy silver? If not, where’s a good place to buy it?
apmex.com
Thank you!
Thank you!
Bretton Woods about to get a wakeup call?
I remember there was a campaign about 10 years ago to crash JP Morgan with silver. Maybe now we have a critical mass to do it.
I just calculated the last 4 trading days in GameStop (GME) in dollar terms and it totals $82.3 billion. I think annual silver production is roughly 1 billion ounces and at current prices that would total about $25 billion. That means yesterday’s trading volume in GameStop of $29.9 billion would have purchased more than the entire annual silver mine production! And the last 4 trading days in GameStop ($82.3 billion in dollar terms) would have purchased more than a staggering 3-times the entire annual global silver mine production! This type of buying would obviously create one hell of a violent short squeeze in the silver market.
Trade platforms; Sofi, Schwab, tradezer0, fidelity, vanguard, are all the ones I've seen people talk about.
Get in buy physical blow up the shorted mines ($AG).