I’m so glad to see more GME posts here. I can’t even mention things there but I talked to a few anons on superstonk through direct messages. It’s fucking incredible I can’t even begin to explain how I feel about all this
One of my best friends made a comment: "The elite all hate us. The media will lie to us just about stocks. Specifically GME. Nothing else."
When discussing election fraud, "I still prefer Biden. I trust all of the judges and courts who threw out the evidence. It's a conspiracy that they are all corrupt or bought."
Recently: "This may sound like a conspiracy theory, but they look like they are hiding GME's actual short amount with making moves in these 'dark pools' to lower the actual volume."
Me thinking: "so, it seems like you're only onto conspiracies related to GME. It's like the media will only lie about this one thing... And you won't buy 1 share...." ??????????????
Here's what I haven't been able to understand about buying physical silver: if the currency system that we have crashes, then the physical silver can be traded later to use?
I looked into PSLV, but doesn't seem to make sense to me of what potentially could happen in such a world.
If GME goes to the moon, either that amount is worth something or not, right? Would you mind elaborating further? I've read quite a few replies related to physical silver and something just isn't clicking for me about it.
a short squeeze in pslv or any silver etf or custodial silver fund will only marginally affect the silver price overall and may lead to the collapse of the company itself if the silver it claims to hold is audited and found wanting (as in, if it has less than it claims to have).
GME is of course worth what it’s worth - in dollars - but that value in dollars is tempered by, and tethered to, its ability to turn a profit as a business, and as such, its value is an abstraction.
Physical silver’s value is not abstract. It has been manipulated downward along with gold (but to a larger extent) via naked shorting futures.
Think about the beauty of the GME situation:
a short squeeze bleeds the asshats who are trying to suppress the price for their own gain in order to bankrupt it and pillage its assets. These are primarily new-money hedge-fund managers.
Now do silver:
a short squeeze bleeds the asshats who are trying to suppress it for their own gain - TO KEEP THE DOLLAR HIGH and in order to bankrupt ALL U.S. CITIZENS AND BANKRUPT US AND PILLAGE OUR ASSETS!!! These asshats are primarily BANKING CARTELS!!! The ACTUAL enemy.
So...which is better? Bleeding a few hedge fund managers, thereby allowing the bankers to have less competition (not to say the hedgies are good guys, but they ARE competing for primacy among the elite which is why caballists hate new money - look at how the old money hated rockefeller’s at first), or bleeding the cabal themselves?
If you buy actual physical silver that you can hold in your hand. The increase in demand will drive the futures price (the underlying driver of which is demand for physical silver) to the moon in relation to dollars (and all other fiat currency), which would protect holders of precious metals (citizens) and cause creators of fiat currency to tailspin.
Not entirely accurate on PSLV. Yes, it's an ETF, but it's not paper silver.
In effect, you are paying Sprott to buy physical silver in LBMA Good Delivery form at COMEX prices and vault it for you.
Unlike other ETFs, each share is fully backed by the metal, and you can take physical delivery if you choose- within their physical redemption rules (IIRC, at least $250k in holdings and in 1000oz increments). Sprott is even looking into matching shares with a serial on a bar in the vault.
Every month, Sprott publishes how much they took "off the market" and physically vaulted, it's not just an annotation on a spreadsheet like other ETFs.
Because as a small buyer you don’t have the opportunity to audit “your” silver, nor to verify anyone else’s audit. So your ownership is on paper; your experience owning it is on paper; when you buy it the transaction is on paper; when you sell it it is on paper. You never touch it and you just have to trust that those responsible are trustworthy.
Furthermore if there is a regime change or if our government decides to confiscate it for wrongdoing or if there is a technological breakdown, good fucking luck getting your silver.
You have to tread lightly on Reddit. It’s overran by shills and bots, if those subs start going hard pro-Trump or Q they’ll get shutdown instantly. We saw what happened to places like the /r/the_donald.
I’m OK with wading through the lefty BS, the enemy of my enemy is my friend in this case. I just hope all the DD is right and we right this thing into space.
For those following it is beyond obvious when they start manipulating the price. Like they did all last week. A nice little runup to $350 and then BAM, back down to $230. I'm just thinking how long can they keep this going before the 'good guys' take control. Unless they already are.?
That drop from $350 was the most obviously manufactured thing I’ve seen. They dropped it to $40 back in February, so I think their attempts to tank it are getting weaker.
I’m still skeptical (like I am of everything), but there’s been so much research into this that I trust the Apes more than I do any media talking head.
I’m so glad to see more GME posts here. I can’t even mention things there but I talked to a few anons on superstonk through direct messages. It’s fucking incredible I can’t even begin to explain how I feel about all this
Anons and apes will do this together.
GME FTW
I don’t have any stonks ? ...I’ll just..see myself out guys
get on webull
deposit some money, get free stocks
buy GME
invite a friend(maybe)
get more free stocks(maybe)
transfer to fidelity
???
WIN
Funny thing is, most over on WSB's have no clue about the big picture. I post over there some and they're tough to red pill
One of my best friends made a comment: "The elite all hate us. The media will lie to us just about stocks. Specifically GME. Nothing else."
When discussing election fraud, "I still prefer Biden. I trust all of the judges and courts who threw out the evidence. It's a conspiracy that they are all corrupt or bought."
Recently: "This may sound like a conspiracy theory, but they look like they are hiding GME's actual short amount with making moves in these 'dark pools' to lower the actual volume."
Me thinking: "so, it seems like you're only onto conspiracies related to GME. It's like the media will only lie about this one thing... And you won't buy 1 share...." ??????????????
so there you have it
buy physical silver
Here's what I haven't been able to understand about buying physical silver: if the currency system that we have crashes, then the physical silver can be traded later to use?
I looked into PSLV, but doesn't seem to make sense to me of what potentially could happen in such a world.
If GME goes to the moon, either that amount is worth something or not, right? Would you mind elaborating further? I've read quite a few replies related to physical silver and something just isn't clicking for me about it.
silver is very very useful and very very undervalued.
pslv is not physical silver
a short squeeze in pslv or any silver etf or custodial silver fund will only marginally affect the silver price overall and may lead to the collapse of the company itself if the silver it claims to hold is audited and found wanting (as in, if it has less than it claims to have).
GME is of course worth what it’s worth - in dollars - but that value in dollars is tempered by, and tethered to, its ability to turn a profit as a business, and as such, its value is an abstraction.
Physical silver’s value is not abstract. It has been manipulated downward along with gold (but to a larger extent) via naked shorting futures.
Think about the beauty of the GME situation:
Now do silver:
So...which is better? Bleeding a few hedge fund managers, thereby allowing the bankers to have less competition (not to say the hedgies are good guys, but they ARE competing for primacy among the elite which is why caballists hate new money - look at how the old money hated rockefeller’s at first), or bleeding the cabal themselves?
If you buy actual physical silver that you can hold in your hand. The increase in demand will drive the futures price (the underlying driver of which is demand for physical silver) to the moon in relation to dollars (and all other fiat currency), which would protect holders of precious metals (citizens) and cause creators of fiat currency to tailspin.
Not entirely accurate on PSLV. Yes, it's an ETF, but it's not paper silver. In effect, you are paying Sprott to buy physical silver in LBMA Good Delivery form at COMEX prices and vault it for you.
Unlike other ETFs, each share is fully backed by the metal, and you can take physical delivery if you choose- within their physical redemption rules (IIRC, at least $250k in holdings and in 1000oz increments). Sprott is even looking into matching shares with a serial on a bar in the vault.
Every month, Sprott publishes how much they took "off the market" and physically vaulted, it's not just an annotation on a spreadsheet like other ETFs.
Great synopsis Pede !
I didn’t say it was an etf
I said it was custodial ownership
as in
someone else buys it and acts as custodian
exactly what you just said
but in effect it IS paper silver
Why?
Because as a small buyer you don’t have the opportunity to audit “your” silver, nor to verify anyone else’s audit. So your ownership is on paper; your experience owning it is on paper; when you buy it the transaction is on paper; when you sell it it is on paper. You never touch it and you just have to trust that those responsible are trustworthy.
Furthermore if there is a regime change or if our government decides to confiscate it for wrongdoing or if there is a technological breakdown, good fucking luck getting your silver.
paper silver is nonsense. do not buy that shit. if you do not physically hold it, you do not own it.
Some other responses are also good.
Silver and gold have held the same purchasing power (roughly) since the Roman empire.
A 1oz gold coin would buy a set of clothes, a pair of shoes and a night out on the town.
Silver and gold are deeply suppressed. Silver should be roughly 500-1000$ range per oz and gold potentially in the 10k per oz range.
Go to r/wallstreet silver and read the Dd posts.
Banks have been shorting silver to keep the price down.
It's real price is 100-500.
It sells for 28 dollars plus premiums of 5 dollers.
You have to tread lightly on Reddit. It’s overran by shills and bots, if those subs start going hard pro-Trump or Q they’ll get shutdown instantly. We saw what happened to places like the /r/the_donald.
I’m OK with wading through the lefty BS, the enemy of my enemy is my friend in this case. I just hope all the DD is right and we right this thing into space.
Agreed OP... 150 oz of pure silver and still accumulating when I can... Fuck the central bank
I got also just 150 oz pf pure silver! 150 silver coins. Fuck them indeed!
For those following it is beyond obvious when they start manipulating the price. Like they did all last week. A nice little runup to $350 and then BAM, back down to $230. I'm just thinking how long can they keep this going before the 'good guys' take control. Unless they already are.?
That drop from $350 was the most obviously manufactured thing I’ve seen. They dropped it to $40 back in February, so I think their attempts to tank it are getting weaker.
I’m still skeptical (like I am of everything), but there’s been so much research into this that I trust the Apes more than I do any media talking head.
Poetic ❤️
So who ever was President in the late 90s sold out our country's soul to the Devil
Great graphic OP. Ty
It was Great Western then Wachovia bought it out, it became a shit bank when Wells Fargo got a hold of it and stole my money.
Silver baby
Where is U.S. Bank in this? I don't see them so maybe I have a decent bank.
Yeah I am gonna close my chase account and move it to a local bank or credit union.
GME squeeze will lead to the silver squeeze which will destroy Chase.
Most excellent graphic! Yours? May we use it elsewhere?