I am in fact not contradicting myself the USD is also not a fixed value asset if it changes value and finally the people who bought previously with a stronger dollar who have seen profit from price rising in my opinion are now selling that supply will offset a rise in price caused by inflation because by profit taking the money they’re making is currently offsetting the inflation we are currently experiencing. I honestly think you’re grasping at straws to justify your own ineptitude and this point which is beyond clear to me.
"...my opinion are now selling that supply..."
Where is the proof that people are selling or are soon selling this supply of silver? COMEX is fairly clearly showing that people are buying more than selling, otherwise there would not be this talk of a squeeze going on. You are asserting opinions of what you think people are going to do. What we see right now tells a very different story.
My proof is that if you bought at any point under 30 and price hits 30 the highest it’s been in 10 years in my opinion if you have two brain cells to rub together you’re probably going to take at least a little profit which means selling. Yes, That what opinions are for to assert your thoughts for if I had no thoughts I’d have nothing of substance to interject into a conversation. That’s okay, There are people that think Apple is going bankrupt tomorrow and they’re selling. What you think and what you see is just as subjective as the opinion I am asserting since you’re forming conclusions based on the the way you’re interpreting data there is no way to deduce if your conclusion or mine is anymore accurate or wrong however I have tangibly given example of why you’re wrong in my opinion and you have not I may not be right but at least I have a strong enough position which I understand well enough to explain unlike some people who are more or less arm chair economists after looking at 2 financial reports and have a financial advisor and a 401k managed by another person like a true pleb. Further more, You need to bring people into the market dumb money like yourself so when you decided to sell there is somebody on the other side with out dumb money buying your position you have nobody to sell to hence why they’re probably gassing it up because the whales and hedge funds have much larger positions then me and need to actively manipulate and create buyers to liquidate their positions.
Your stance on silver is not very unique. Time after time, since the beginning of history, has there been people trying to time the market for whatever. Loads of people said "Bitcoin tops out at 100!" and they are wrong now. I understand that you have your opinion that silver tops out soon, but my issue comes down to the fact that you turn around to use that opinion to assert that silver is going to have some drastic correction as a fact. That's all you are doing, you do not provide any evidence that silver is going up, down, or sideways, you just assert that silver will crash, based on your opinion that 'whales' are walking away.
Cheeky, I am not trying to be unique you’re critiquing the way my opinion makes you feel and not saying anything of substance to convince me to think differently. I don’t think it’ll top out but I Believe it’ll go lower before it goes higher. I’m not presenting my opinion as fact I have even stated it’s my opinions which nulls its ability to be misconstrued as fact and have even admitted I could be wrong which completely contradicts what constitutes a fact. The evidence is that you invest to make money if you bought under 30 you’re in profit to take profit you need to sell to sell you need somebody to buy you have a large position you don’t need a few people buying a couple hundred worth you need masses collectively buying thousands worth to manipulate demand being that if this is not done you will not have enough demand to sell your position so you convince people to buy because of some paper silver none sense they don’t understand and now is the perfect opportunity to sell you’ve tricked the dumb money to buy which creates demand so when you sell there is a buyer and you can take profit which pushes prices lower you now take this profit or extra money you created by investing and increase your position at a lower price so when it returns you’re now more wealthy then you once were because you used your profits to buy more at a lower price so upon returning to the price previously you posses more silver therefore without price making a new high you’ve just made a handsome profit while manipulating the dumb money. I am not a financial advisor this is not financial advice of course it is my opinion but at least my opinion is grounded in reality and I can explain it.
For inflation to come into play the money supply needs velocity, and that come from those dollars being turned over. The value of silver or other metals is they have been suppressed below their market value for so many years to prop up the petro dollar (which is no longer used in oil trades in many countries) and that value is only there due to two things, suppression and the barrel of a gun. If the supply dries up, the shorts are forced to sell and the price goes to market, completely different scenario than the GameStop play. The silver squeeze is not a coordinated effort, its middle class workers trying to protect the value of their wealth that's being stolen from them by central banks.
I am in fact not contradicting myself the USD is also not a fixed value asset if it changes value and finally the people who bought previously with a stronger dollar who have seen profit from price rising in my opinion are now selling that supply will offset a rise in price caused by inflation because by profit taking the money they’re making is currently offsetting the inflation we are currently experiencing. I honestly think you’re grasping at straws to justify your own ineptitude and this point which is beyond clear to me.
"...my opinion are now selling that supply..." Where is the proof that people are selling or are soon selling this supply of silver? COMEX is fairly clearly showing that people are buying more than selling, otherwise there would not be this talk of a squeeze going on. You are asserting opinions of what you think people are going to do. What we see right now tells a very different story.
My proof is that if you bought at any point under 30 and price hits 30 the highest it’s been in 10 years in my opinion if you have two brain cells to rub together you’re probably going to take at least a little profit which means selling. Yes, That what opinions are for to assert your thoughts for if I had no thoughts I’d have nothing of substance to interject into a conversation. That’s okay, There are people that think Apple is going bankrupt tomorrow and they’re selling. What you think and what you see is just as subjective as the opinion I am asserting since you’re forming conclusions based on the the way you’re interpreting data there is no way to deduce if your conclusion or mine is anymore accurate or wrong however I have tangibly given example of why you’re wrong in my opinion and you have not I may not be right but at least I have a strong enough position which I understand well enough to explain unlike some people who are more or less arm chair economists after looking at 2 financial reports and have a financial advisor and a 401k managed by another person like a true pleb. Further more, You need to bring people into the market dumb money like yourself so when you decided to sell there is somebody on the other side with out dumb money buying your position you have nobody to sell to hence why they’re probably gassing it up because the whales and hedge funds have much larger positions then me and need to actively manipulate and create buyers to liquidate their positions.
Your stance on silver is not very unique. Time after time, since the beginning of history, has there been people trying to time the market for whatever. Loads of people said "Bitcoin tops out at 100!" and they are wrong now. I understand that you have your opinion that silver tops out soon, but my issue comes down to the fact that you turn around to use that opinion to assert that silver is going to have some drastic correction as a fact. That's all you are doing, you do not provide any evidence that silver is going up, down, or sideways, you just assert that silver will crash, based on your opinion that 'whales' are walking away.
Cheeky, I am not trying to be unique you’re critiquing the way my opinion makes you feel and not saying anything of substance to convince me to think differently. I don’t think it’ll top out but I Believe it’ll go lower before it goes higher. I’m not presenting my opinion as fact I have even stated it’s my opinions which nulls its ability to be misconstrued as fact and have even admitted I could be wrong which completely contradicts what constitutes a fact. The evidence is that you invest to make money if you bought under 30 you’re in profit to take profit you need to sell to sell you need somebody to buy you have a large position you don’t need a few people buying a couple hundred worth you need masses collectively buying thousands worth to manipulate demand being that if this is not done you will not have enough demand to sell your position so you convince people to buy because of some paper silver none sense they don’t understand and now is the perfect opportunity to sell you’ve tricked the dumb money to buy which creates demand so when you sell there is a buyer and you can take profit which pushes prices lower you now take this profit or extra money you created by investing and increase your position at a lower price so when it returns you’re now more wealthy then you once were because you used your profits to buy more at a lower price so upon returning to the price previously you posses more silver therefore without price making a new high you’ve just made a handsome profit while manipulating the dumb money. I am not a financial advisor this is not financial advice of course it is my opinion but at least my opinion is grounded in reality and I can explain it.
For inflation to come into play the money supply needs velocity, and that come from those dollars being turned over. The value of silver or other metals is they have been suppressed below their market value for so many years to prop up the petro dollar (which is no longer used in oil trades in many countries) and that value is only there due to two things, suppression and the barrel of a gun. If the supply dries up, the shorts are forced to sell and the price goes to market, completely different scenario than the GameStop play. The silver squeeze is not a coordinated effort, its middle class workers trying to protect the value of their wealth that's being stolen from them by central banks.