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.
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 $250k in holdings and in 1000oz increments). Sprott is even looking into matching shares with a serial on a bar in the vault.
Every month, Sprott publishes how much they took "off the market" and physically vaulted, it's not just an annotation on a spreadsheet like other ETFs.
paper silver is nonsense. do not buy that shit. if you do not physically hold it, you do not own it.
Some other responses are also good.
Silver and gold have held the same purchasing power (roughly) since the Roman empire.
A 1oz gold coin would buy a set of clothes, a pair of shoes and a night out on the town.
Silver and gold are deeply suppressed. Silver should be roughly 500-1000$ 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.