Rofl...exactly. I’ve found many people have no idea that there was actually a hilarious “arcade game” back in 80’s where you physically had to hammer fake moles as they popped up randomly through their “holes”. Riot to watch people with zero hand-eye coordination.
Tangential fun fact: to win at Whack A Mole, you hit each mole at least twice each time it pops up. Most people assume you just hit it once or you can only score once each time it pops up. Now you know that's not true. It pays to be a member of GAW.
You don't. You buy a claw machine and use it to rake in the bucks. They are actually rigged to essentially let go x out of x+1 times. A claw machine is not a game of skill, it's a game of chance.
~47k call options, representing 4.7M shares required to be delivered next Tue with close at $21.01; ~6.3M shares due with close at $22.01 (approaching now); ~9.1M shares due with close at $25.01.
Where hedgies gonna find 4.7M shares in 4 days? I wonder if they are going to sell some paper silver in order to fund GME share roundup and cut a deal with JPM to let silver run-up a bit?
EDIT: Second review of options contract numbers looks fishy, regard above as estimate.
Why silver? they could have cut a deal to run up anything. I think this silver spike is real. People know the narrative is fake but metal is real. People know silver was historically around 15 to 20 to one with gold, so if they are buying as a hedge against hard times & fake money they will go for the one even more grossly undervalued. BTW platinum is finally taking off now too. It should be double gold it's only 1/2
Silver is a very, very deep rabbit hole. You need to go all the way back to Japan in 1500s (mentioned in 'Shogun' 2024) and Opium War in China. Globalists of those days were already attempting to capture all the silver in order to control price and prevent it from being used as currency (to handicap middle class and justify Central Banks) by buying up ALL of Japan's silver and moving it West. And they were extracting it all from South America and moving it East.
In Opium War, British-sponsored opium dealers intentionally addicted large portions of Chinese population, but little known fact: opium dealers only accepted silver for payment. British did this to undermine China and control silver supply and price. China is now paying back the West with Shanghai metals exchange trading silver at a premium moving it all back East. Once enough gold and silver is back East, Chinese will revalue to solve their massive debt problem (most likely).
Coinage Act of 1873 was the weapon globalists used against the US (similar purpose as Opium War in China). Silver reflects the glory of God. Gold reflects the glory of lucifer, the sun god. It is all satanic, always has been.
Big Mike, it remains to be seen but it feels different this time. And gold busted 2400 again. The ratio dipped below 80. Either way keep stacking. As of 1056 eastern silver was 30.95.
A proper win for silver will not be a temporary squeeze on the price and back to normal, it will be restoration to it's historical value as money, around 1:15-17 of a gold oz.
Slight aside, look up the Coinage Act of 1873, before that was passed, silver standard was the norm, not gold standard.
Fyi 1:10 appears to be the historical ratio going back to Roman times. Because many plentiful silver mines exhausted, current ratio being found/mined is 7:1 silver:gold, but only 20% is available for “currency” because 80% consumed by mfg.
1.4:1 looks like max possible, but range will likely be 4:1 to 7:1 gold:silver price ratio (unsuppressed). ~$343 per oz ($250-360 range) is proper current price for silver based on suppressed gold price of $2400 per oz.
Pretty much. It's mostly based on the general man's FOMO mentality. They'll start seeing the numbers go up, and think "Hey, I should get in on this while I can", thus driving prices up to a ridiculous number before people eventually stop buying and then it crashes.
They gonna reuse “silver manipulators” BS charge from 1980 as soon as Musk tells Tesla to buy a big chunk of physical silver to support their production. He will have a bit of “market cover” once China EV & Solar tariffs “go LIVE”.
It will only take one or two companies doing this to quickly break the silver market. I think we will see several, hopefully 17.
Generally speaking, most people believe the baseline "real value" of silver should currently be about $5K an ounce based on supply/demand and annual mining numbers.
Personally, I think we'll temporarily see numbers much higher than that because this is probably gonna be the ACTUAL MOASS squeeze. People will talk about gamestop and other stock being the MOASS, but silver is the single most shorted asset on the planet to the tune of QUADRILLIONS, not billions, not trillions, but over a QUADRILLION, dollars.
The silver short squeeze is probably gonna be the final nail in the coffin for the central bank system, and if people play it right, they can come out VERY wealthy on the other side.
Yeah I'm not about to give official advice in any capacity. Not my place, but don't do anything stupid. You can't go wrong buying silver in these current times (at current prices anyway), it's all but guaranteed to go up when the crap hits the fan. But don't buy so much that it puts you in a financial struggle in the medium term.
That fat stack won't do you much good if it forces you into poverty before you can cash it out at the high prices everyone knows it's gonna see.
ONLY BUY AS MUCH AS YOU CAN AFFORD WITHOUT HARDSHIP
I like this topic, and there’s a lot of good thoughts and advice here. One thought is that 2k ounces could get you to 1 to 2 million in present day Federal Reserve Notes “USD” dollars. However, what will white hats do for restored real Dollars, replacing Federal Reserve Notes? When Nixon stopped inthe early 1970s the ability of other nations to get gold in exchange for our Federal Reserve Notes “USD” as payments for international trades, the “USD” dollar was no longer based on gold reserves and an ability to exchange and do trade for gold. We were given the “Petro Dollar”. And we had a lot of oil, and still do. So when we have in the near future our moment of Gold shall destroy FED (https://qalerts.app post 2619), then silver will tag along with the revalued gold. Then what do you do with the silver? Keep some, and put the rest to good use. The next White Hat president will utilize energy to do MAGA, so oil drilling, rigs, equipment, and whatever new tech comes our way could be the follow-up investments to roll some of your silver into. If property is way down, and stocks in transportation are way down, then buying them after a stock market crash and revaluation could be another idea. I would like to hear other ideas.
Likely par with unsuppressed gold price based on “easy to get deposits” all gone and 80% of yearly production consumed by manufacturing.
Silver will likely have a stop in the $250 to $360 per ounce range (after $50 broken) while gold takes off a bit to help break the system. At some point it may rocket up over $50-100k per ounce with worldwide currency implosion dragging gold up with it, and then settling down at some point at 1:1 to 1:7 price ratio range with unsuppressed gold (silver:gold).
In comparison, we may be in for a wild run in Silver.
08-12 was a time period where the underlying issues have been left to fester ( basically bailing out the connected class) and these underlying issues have grown much worse.
I'm not saying silver is bad but a troy ounce now is worth a troy ounce then. Only thing changing is our volatile unit of measure. I'm more concerned with our decreasing buying power and stagnant wages.
Actually, that's not true. Silver is used in A LOT of industrial applications, and when it's used it's basically destroyed since it's not worth recovering. So for the last 70+years, silver has been mined at either break even or a deficit (in terms of supply and demand), meaning silver's value SHOULD have increased compared to what it was pre federal reserve. And by a rather large margin as well.
When they were suppressing silver, GME was shooting up. Now that they are suppressing GME, silver is back to shooting up.
I guess they dont have enough fingers to plug all the holes!
Every effect a cause...
Or enough cash? Some of their slush funds have dried up.
They're playing a game of whack-a-mole.
Rofl...exactly. I’ve found many people have no idea that there was actually a hilarious “arcade game” back in 80’s where you physically had to hammer fake moles as they popped up randomly through their “holes”. Riot to watch people with zero hand-eye coordination.
Tangential fun fact: to win at Whack A Mole, you hit each mole at least twice each time it pops up. Most people assume you just hit it once or you can only score once each time it pops up. Now you know that's not true. It pays to be a member of GAW.
Legend. Now how do I beat the claw machine?
You don't. You buy a claw machine and use it to rake in the bucks. They are actually rigged to essentially let go x out of x+1 times. A claw machine is not a game of skill, it's a game of chance.
Oh such fun it was!
~47k call options, representing 4.7M shares required to be delivered next Tue with close at $21.01; ~6.3M shares due with close at $22.01 (approaching now); ~9.1M shares due with close at $25.01.
Where hedgies gonna find 4.7M shares in 4 days? I wonder if they are going to sell some paper silver in order to fund GME share roundup and cut a deal with JPM to let silver run-up a bit?
EDIT: Second review of options contract numbers looks fishy, regard above as estimate.
Why silver? they could have cut a deal to run up anything. I think this silver spike is real. People know the narrative is fake but metal is real. People know silver was historically around 15 to 20 to one with gold, so if they are buying as a hedge against hard times & fake money they will go for the one even more grossly undervalued. BTW platinum is finally taking off now too. It should be double gold it's only 1/2
Silver is a very, very deep rabbit hole. You need to go all the way back to Japan in 1500s (mentioned in 'Shogun' 2024) and Opium War in China. Globalists of those days were already attempting to capture all the silver in order to control price and prevent it from being used as currency (to handicap middle class and justify Central Banks) by buying up ALL of Japan's silver and moving it West. And they were extracting it all from South America and moving it East.
In Opium War, British-sponsored opium dealers intentionally addicted large portions of Chinese population, but little known fact: opium dealers only accepted silver for payment. British did this to undermine China and control silver supply and price. China is now paying back the West with Shanghai metals exchange trading silver at a premium moving it all back East. Once enough gold and silver is back East, Chinese will revalue to solve their massive debt problem (most likely).
Coinage Act of 1873 was the weapon globalists used against the US (similar purpose as Opium War in China). Silver reflects the glory of God. Gold reflects the glory of lucifer, the sun god. It is all satanic, always has been.
Yep. Silver also spiked up to 30 back during the GME sneeze.
Definitely related.
Third one appears to be bitcoin. Hard to hold all 3 down at once. We get rocket launch on GME or Bitcoin, I’m using some proceeds to then buy silver.
With the theoretically possible move in GME, at least one “smooth-brained” APE should be able to buy up all remaining physical silver in the world.
HODL!!!
Can't keep down GME and silver.
I like to have my shares in book entry form and shiny coins.
Big Mike, it remains to be seen but it feels different this time. And gold busted 2400 again. The ratio dipped below 80. Either way keep stacking. As of 1056 eastern silver was 30.95.
how does a silver squeeze work? Will people buy silver at insane prices?
A proper win for silver will not be a temporary squeeze on the price and back to normal, it will be restoration to it's historical value as money, around 1:15-17 of a gold oz.
Slight aside, look up the Coinage Act of 1873, before that was passed, silver standard was the norm, not gold standard.
Fyi 1:10 appears to be the historical ratio going back to Roman times. Because many plentiful silver mines exhausted, current ratio being found/mined is 7:1 silver:gold, but only 20% is available for “currency” because 80% consumed by mfg.
1.4:1 looks like max possible, but range will likely be 4:1 to 7:1 gold:silver price ratio (unsuppressed). ~$343 per oz ($250-360 range) is proper current price for silver based on suppressed gold price of $2400 per oz.
You make sense, and the last few years of silver prices do not make sense. I'ma keep on hodling!
Not insane until well above all time highs ($50)
Will people buy , they would if they can find it. (unobtainium)
Give it another week or 2
Patience is a virtue
Pretty much. It's mostly based on the general man's FOMO mentality. They'll start seeing the numbers go up, and think "Hey, I should get in on this while I can", thus driving prices up to a ridiculous number before people eventually stop buying and then it crashes.
They gonna reuse “silver manipulators” BS charge from 1980 as soon as Musk tells Tesla to buy a big chunk of physical silver to support their production. He will have a bit of “market cover” once China EV & Solar tariffs “go LIVE”.
It will only take one or two companies doing this to quickly break the silver market. I think we will see several, hopefully 17.
What a beautiful sight!!!.
In Euro too.
Nice moves indeed. And the morning slam has not materialized.
Good to see!
The more "valuable in dollars" a precious metal becomes only reveals the death knell of an inflated dollar.
True. But silver has been massively suppressed over the years. Nonine knows the true value.
Generally speaking, most people believe the baseline "real value" of silver should currently be about $5K an ounce based on supply/demand and annual mining numbers.
Personally, I think we'll temporarily see numbers much higher than that because this is probably gonna be the ACTUAL MOASS squeeze. People will talk about gamestop and other stock being the MOASS, but silver is the single most shorted asset on the planet to the tune of QUADRILLIONS, not billions, not trillions, but over a QUADRILLION, dollars.
The silver short squeeze is probably gonna be the final nail in the coffin for the central bank system, and if people play it right, they can come out VERY wealthy on the other side.
You think having 2k ounces of silver will make you a multi millionaire? I'm thinking of using my paper savings.
Yeah I'm not about to give official advice in any capacity. Not my place, but don't do anything stupid. You can't go wrong buying silver in these current times (at current prices anyway), it's all but guaranteed to go up when the crap hits the fan. But don't buy so much that it puts you in a financial struggle in the medium term.
That fat stack won't do you much good if it forces you into poverty before you can cash it out at the high prices everyone knows it's gonna see.
ONLY BUY AS MUCH AS YOU CAN AFFORD WITHOUT HARDSHIP
Sound advice. Would 2k ounces make someone a multi millionaire in your opinion? After all the dust settles.
I like this topic, and there’s a lot of good thoughts and advice here. One thought is that 2k ounces could get you to 1 to 2 million in present day Federal Reserve Notes “USD” dollars. However, what will white hats do for restored real Dollars, replacing Federal Reserve Notes? When Nixon stopped inthe early 1970s the ability of other nations to get gold in exchange for our Federal Reserve Notes “USD” as payments for international trades, the “USD” dollar was no longer based on gold reserves and an ability to exchange and do trade for gold. We were given the “Petro Dollar”. And we had a lot of oil, and still do. So when we have in the near future our moment of Gold shall destroy FED (https://qalerts.app post 2619), then silver will tag along with the revalued gold. Then what do you do with the silver? Keep some, and put the rest to good use. The next White Hat president will utilize energy to do MAGA, so oil drilling, rigs, equipment, and whatever new tech comes our way could be the follow-up investments to roll some of your silver into. If property is way down, and stocks in transportation are way down, then buying them after a stock market crash and revaluation could be another idea. I would like to hear other ideas.
Personally, I’m hoping 242oz does. Or 58 shares of DJT. Or 50 shares of GME. Or 80 shares of AMC.
Likely par with unsuppressed gold price based on “easy to get deposits” all gone and 80% of yearly production consumed by manufacturing.
Silver will likely have a stop in the $250 to $360 per ounce range (after $50 broken) while gold takes off a bit to help break the system. At some point it may rocket up over $50-100k per ounce with worldwide currency implosion dragging gold up with it, and then settling down at some point at 1:1 to 1:7 price ratio range with unsuppressed gold (silver:gold).
Last time it was strait up to almost 50,in 2012.
In comparison, we may be in for a wild run in Silver.
08-12 was a time period where the underlying issues have been left to fester ( basically bailing out the connected class) and these underlying issues have grown much worse.
Just broke 31.
Still above $31!
It's been a long 84 years.
Kek
Sweet, I ordered two kilos for our twins yesterday morning.
I'm not saying silver is bad but a troy ounce now is worth a troy ounce then. Only thing changing is our volatile unit of measure. I'm more concerned with our decreasing buying power and stagnant wages.
Actually, that's not true. Silver is used in A LOT of industrial applications, and when it's used it's basically destroyed since it's not worth recovering. So for the last 70+years, silver has been mined at either break even or a deficit (in terms of supply and demand), meaning silver's value SHOULD have increased compared to what it was pre federal reserve. And by a rather large margin as well.
Good point. I hadnt realized that.
Silver ends the fed
I'm sitting on 5 ozt, crushing it! Maybe I'll cash it in and fill up my gas tank all the way for once.
HODL
It should be much more than double that amount.
Gold is at $2411.00