Either too many scared people and preppers stocking up now with inflation, or that silver is going to the elites and deep state as they enact their plan for the great reset.
What happens when a shit-ton of us have been doing the same thing for the past year?
Countless small purchases are removing millions of physical ounces from the vaults. Physical stackers have been draining the vaults, further exposing the crime and corruption by the metals exchanges and banks.
It's not one stacker. It's stackers from around the world bringing down a tower of corruption.
Are you serious? I literally just said it's either "a lot of people are doing this now more than ever before, or the elites are buying up a ton of it"
I LITERALLY just outlined your scenario, and you STILL say "are you serious"
Yes I'm serious.
One person with a closet safe isn't the one causing the shortage. It's either a lot who are scared or preparing for the worst, or the incredibly wealthy few who have entire countries' worth of GDP that they can buy with, and store in large warehouses or bunkers.
Either they are dumping paper getting the price down or “they” are just making up a number and are In charge of the price reporting the same way the media just announced Bidan the winner without even counting.
Look at the charts. Slow climb, getting faster then bang! A big drop all at once. Do this over a few days and people will stop buying.
If the price goes to high they just change the margin reserve percentages to make investors holding a position on margin liquidate. When they announced Osama's death, Ag was $50. Then they changed the margin and boom back down to the 40's.
You are right,did the same to the hunt brothers IIRC.
but you don't have a commodities exchange without actual commodities. You just have people trading paper. Manufactures and a lot of others need actual metal. I will not sell at a fake paper price.
IIRC half of all silver ever produced has been lost to manufacturing. It's a critical metal from electronics to medicine. I stack as much as I dare because one day bread will need a commodity of exchange that's more shelf stable than dollars.
Never thought PMs would moon, see them as a savings account (& typical savings account interest %). However...... never seen PMs this weird either. It makes no sense, behaving paradoxically not rationally nor tethered to classic economic mechanics. It's almost like someone has their hand on the scale pushing it down. And then there's this one. Despite a squeeze, nickel dropped in price today -
We are going into fictitious economy. During the Soviet era, their economic output could not correctly be measured in terms of money since there was no mechanism for price discovery.
It seems we are reaching this point too .... where prices are what they say it is .... Notice how gold moves closer to the 1900 € level ( silver back into 22 € territory) yet oil around a 100 dollars and EUR/DOLLAR = 1.09. Somebody is waving this thing down .....This cannot remain standing for long before countries are going to choose for an alternative financial system away from the JEW-Lie-system.
by ChimpEvader • 43 min ago (+5/-0)
NSFW Banned from coincommunity.com for pointing out the fact the US Mint has enough silver for the negro baseball league and women's woke coins but not the Peace & Morgans till 2023. I'm fuming. May Putin radio active waste this POZZED Planet. Collecting coins is now ran by leftists??? FU (www.coincommunity.com)
Oh damn! I was already going to buy another KG this Friday (35oz's to you Mericans lol).
I've pulled all my momey out of the bank, and it's all going into precious metals.
There were 3 or 4 years during WW2 where nickel became a valuable commodity for the war effort. During these years I think they were somewhere around 35 % silver and the rest copper. The odds of finding one in circulation today would be like winning the lotto. But in the 60s you could still find them once in awhile. I think most would have been melted when they were taken out of circulation making thier value as much based on rarity for collectors rather than its silver content.
Now this is interesting.
Indeed it is.. stay tuned.. glad I have stocked up on it.
Either too many scared people and preppers stocking up now with inflation, or that silver is going to the elites and deep state as they enact their plan for the great reset.
Either way, it's.. something.
Yes... the elites...
slowly covers closet safe with an old jacket
Remember to keep physical silver over paper.
To be honest if you can fit your stash into a closet safe you probably aren't the one causing the shortage fren 😅
Are you serious?
What happens when a shit-ton of us have been doing the same thing for the past year?
Countless small purchases are removing millions of physical ounces from the vaults. Physical stackers have been draining the vaults, further exposing the crime and corruption by the metals exchanges and banks.
It's not one stacker. It's stackers from around the world bringing down a tower of corruption.
You're welcome.
You've got the code, fren!
Are you serious? I literally just said it's either "a lot of people are doing this now more than ever before, or the elites are buying up a ton of it"
I LITERALLY just outlined your scenario, and you STILL say "are you serious"
Yes I'm serious.
One person with a closet safe isn't the one causing the shortage. It's either a lot who are scared or preparing for the worst, or the incredibly wealthy few who have entire countries' worth of GDP that they can buy with, and store in large warehouses or bunkers.
You would never know by looking at the markets
Either they are dumping paper getting the price down or “they” are just making up a number and are In charge of the price reporting the same way the media just announced Bidan the winner without even counting.
Look at the charts. Slow climb, getting faster then bang! A big drop all at once. Do this over a few days and people will stop buying.
Still gonna keep stacking.
Most buy when the price drops except for maybe newbies.
"Buuuuuut Dave at x22 told me silver would be 1,000 an ounce by laaaaast suuuumerrr!!!"
Shit's more manipulated than the stock market. They're not going to just let us have a safe harbor for our savings. Fuckin bastards.
Paper price of silver means less than nothing,when they don't have any silver at the comex.
We will win,FOMO is starting to kick in right now.
We moon real soon.
If the price goes to high they just change the margin reserve percentages to make investors holding a position on margin liquidate. When they announced Osama's death, Ag was $50. Then they changed the margin and boom back down to the 40's.
You are right,did the same to the hunt brothers IIRC.
but you don't have a commodities exchange without actual commodities. You just have people trading paper. Manufactures and a lot of others need actual metal. I will not sell at a fake paper price.
IIRC half of all silver ever produced has been lost to manufacturing. It's a critical metal from electronics to medicine. I stack as much as I dare because one day bread will need a commodity of exchange that's more shelf stable than dollars.
Never thought PMs would moon, see them as a savings account (& typical savings account interest %). However...... never seen PMs this weird either. It makes no sense, behaving paradoxically not rationally nor tethered to classic economic mechanics. It's almost like someone has their hand on the scale pushing it down. And then there's this one. Despite a squeeze, nickel dropped in price today -
https://markets.businessinsider.com/news/commodities/london-metal-exchange-restart-nickel-trading-with-price-cap-2022-3
Yep counterfeit stock and paper commodities are like twin brothers
Mostly Hope
You're paying for hope? Is that part of X22's patreon account?
Why pay he’s on rumble nearly everyday.
I'm not paying for shit, I check in w Dave every so often.
Let's talk about your health
Yes, it's still manipulated. This just means it's still on sale, but probably not much longer.
We're not wrong. We're just a little early.
Noticed that too, oil and gold went down yesterday.
We are going into fictitious economy. During the Soviet era, their economic output could not correctly be measured in terms of money since there was no mechanism for price discovery.
It seems we are reaching this point too .... where prices are what they say it is .... Notice how gold moves closer to the 1900 € level ( silver back into 22 € territory) yet oil around a 100 dollars and EUR/DOLLAR = 1.09. Somebody is waving this thing down .....This cannot remain standing for long before countries are going to choose for an alternative financial system away from the JEW-Lie-system.
STACK EM BOI'S!
meanwhileonpoal - https://poal.co/s/Anything/515446 -
by ChimpEvader • 43 min ago (+5/-0) NSFW Banned from coincommunity.com for pointing out the fact the US Mint has enough silver for the negro baseball league and women's woke coins but not the Peace & Morgans till 2023. I'm fuming. May Putin radio active waste this POZZED Planet. Collecting coins is now ran by leftists??? FU (www.coincommunity.com)
ATB's for the win.
Oh damn! I was already going to buy another KG this Friday (35oz's to you Mericans lol). I've pulled all my momey out of the bank, and it's all going into precious metals.
More like 32.15 troy oz.
You SOB. You caught me.
I buy silver in 1 ,10 and 100 oz bars,no need for metric.
1oz Silver coins will be more useful for barter as they don't need to be assayed.
You are correct,I also have that covered.
Junk silver and gram weight gold too.
There were 3 or 4 years during WW2 where nickel became a valuable commodity for the war effort. During these years I think they were somewhere around 35 % silver and the rest copper. The odds of finding one in circulation today would be like winning the lotto. But in the 60s you could still find them once in awhile. I think most would have been melted when they were taken out of circulation making thier value as much based on rarity for collectors rather than its silver content.
Mmm Physical Silver 💕
Ffffffuuuuuuucccccckkkkkkk I need to put more money in my car but I need MORE SILVER.
A short of silver you say
https://laststandonzombieisland.files.wordpress.com/2019/01/walther-pp-ppk-ad-from-1955-note-prices.jpg
Walther PPK in 1955 60-70 Silver Dollars. ($635-$741 adjusted for inflation.)
Walther PPK in 2022 $825 USD or 33 silver dollars @25 dollars smelt.
Minimum wage in 1964: $1.25 = (5) .900 quarters, 0.904 ASW, Ag @ $1.29 oz. = $1.13
Buying power of $1.25 adjusted for inflation today: ~$11.34
Minimum wage in 2022 (state varies, $7.25 - $15.20)
0.904 oz. Ag x current spot price @ $24.66 = $22.29
Damn. I just bought 10 ounces yesterday. I guess I need to buy 10 more.
sdbullion.com is good
This is where I go as well. They've been awesome for me since 2015. They come in the mail as "bearings" so your mailbox there's don't take them.
From Tyrone
APMEX
I usually buy from one of the big sellers on eBay. They typically have a better price than their web page.
yet they are making enough paper and digital representations of silver to keep the price down around 25-26 dollars.
That is perfect. Real bargains.
I guess setf is not a meme after all
Buy buy buy
I’ve been stockpiling 1oz silver coins for the past 5 years. Now, I can’t get silver coins from my dealer. They’re sold out!