If the naked shorting is truly as insane as I have heard and read about on metals futures sites, the maintenance costs are gonna be crushing. Way worse than “meme-stocks”. Not the costs to cover so much, but the weekly margin costs after the commodity moves beyond certain price points. The sub-$26 silver shorts are gonna get hammered if it is true about the volume of ACTUAL open interest.
Oh awesome … where can I go to track that? I get the feed from tradingview, which appears to be a consolidation of Hong Kong, COMEX, Globex, and London.
HUGE understatement. Price of silver per ounce in dollars. I started stacking when silver was about $35 just over 10 years ago. So...it's $32 now. So...if Silver had just kept up with inflation from 12 years ago, than we'd be at $50-$60?.
Now, if we add in some supply usage and modern currency concerns, and debt problems, ww3, etc... it feels like it could be $100...
then if we got some naked shorting coming to an end because of some accountability?.....then wow...it could go even much higher... (just my humble opinion).
You are correct! Inflation alone should have pushed the value up. They've kept it down for way too long and this could be the beginning of the end of their years of manipulation!
IMHO … Silver is a much better asset. Much easier to acquire, and safer to store. Its easy to ‘Misplace’ (yes, I know that sounds dumb as hell) an oz of gold versus 80 oz silver … I can ‘spread’ the actual physical location of my silver around ‘the house’ … just in case. The same $$ in gold is one little metal token asking to be snatched. Paranoid??? You fukin bet I am. The govt has done that shit before. There is a precedent.
Saving 20 dollars per month, buying for 120 dollar per half year, since the inception of this site, would have been an investment of 600 dollars, buying 33 rounds of 1 troy ounce, meaning: you would have had a value of 1050 dollars, or a Return on Investment (ROI) of 450 dollars. That would represent 75% in 2.5 years.
Why since the inception of this site? Well, we discussed it back then. I also want to demonstrate that you do not need a lot of money to make it work for you. All you need is a tactic to achieve your strategy.
Was this tactic deployed in 2016, a stack of 118 ounces would have been yours. 21 * 120 = 2520-$, now valued at: 3776-dollars. a 50% increase in value.
This particular mode of operation is called "cost averaging". Of course, at a certain point it is necessary to up the investment, to keep the flow going. But even if you cannot, simply continue.
The thing to keep in mind is that a revaluation of precious metals is underway. Perhaps, because banking history is hazy, it is not immediately adamant, but the bankers are the makers and shakers. E.S.T. and leave the common man holding the bag. Because of what the Brics is doing, last year Gold regained its position as money. And there is a huge outflow COMEX-outflow, thanks to NFSR. Why? Because in the west, thanks to the FED and their casino, Gold and Silver are dirt cheap. And the FED is the only one still playing the old game.
Of course, by the same token, you could have put your money into other means
Gold: it would have bought you about 10,15 grams with n investment of again 600 dollars, now valued at: 2441 per ounce (31,1 grams) or 800 dollars, yielding a 200 dollar ROI or 25%.
BTC: 600 dollars would have bought you 0,02353 BTC now valued at 67.000 dollars, yielding a ROI of: 1576.51 - 600 = 976 dollars profit = 160%.
ETH: 600 dollars would have bought you 0.39086-ETH now valued at 3105-Dollars, yielding a ROI of 1213.62 - 600 = 613.62 or around 100%.
XRM: 600 dollars would have bought you: 4.62819 XRM, now valued at $-136, yielding a ROI of 629.43 - 600 = 29.43 or: 5%.
There are ways to combine several assets to create a string or road to make a better deal out of it. Never forget to take the transaction costs and the premiums into account.
DISCLAIMER:
Do you own research and find what is best for you. This information is provided for inspiration purposes only and does not represent investment advice. Do your own research and make your own decisions.
100% they will. At least that has been the MO. I will say though, if you watch the volume and price action over the last several weeks, everytime the book gets heavy on the sell side, somehow, from somewhere, a shit ton of buy orders floods in and gobbles up those sell orders. Watch what happens between 9:00am and 11:00am EST. Its been a daily occurrence for about 2 weeks now.
If the naked shorting is truly as insane as I have heard and read about on metals futures sites, the maintenance costs are gonna be crushing. Way worse than “meme-stocks”. Not the costs to cover so much, but the weekly margin costs after the commodity moves beyond certain price points. The sub-$26 silver shorts are gonna get hammered if it is true about the volume of ACTUAL open interest.
It's 35.87 on the Asian markets, they Hit the limit switch a couple times allready.
Oh awesome … where can I go to track that? I get the feed from tradingview, which appears to be a consolidation of Hong Kong, COMEX, Globex, and London.
Thank you in advance!
https://www.kitco.com/
Search on silver.
...although right now, silver seems to be slipping back into the $31-ish bracket.
Back up 32.50
They must not have the money/ balls to slash the price.
It's not to late to stack silver!!! Up, up and away!! :-)
HUGE understatement. Price of silver per ounce in dollars. I started stacking when silver was about $35 just over 10 years ago. So...it's $32 now. So...if Silver had just kept up with inflation from 12 years ago, than we'd be at $50-$60?.
Now, if we add in some supply usage and modern currency concerns, and debt problems, ww3, etc... it feels like it could be $100...
then if we got some naked shorting coming to an end because of some accountability?.....then wow...it could go even much higher... (just my humble opinion).
You are correct! Inflation alone should have pushed the value up. They've kept it down for way too long and this could be the beginning of the end of their years of manipulation!
https://silverprice.org/
https://x.com/USDebtClock_org/status/1783164054439153724
I love this picture showing Silver at $200 and climbing, so fast, that trading is suspend multiple times before rocketing up even more.
I look forward to tomorrow and into the future. What will silver do!!!???
Save up on silver if you can’t afford gold for the upcoming collapse.
IMHO … Silver is a much better asset. Much easier to acquire, and safer to store. Its easy to ‘Misplace’ (yes, I know that sounds dumb as hell) an oz of gold versus 80 oz silver … I can ‘spread’ the actual physical location of my silver around ‘the house’ … just in case. The same $$ in gold is one little metal token asking to be snatched. Paranoid??? You fukin bet I am. The govt has done that shit before. There is a precedent.
And fractional silver is very useful. If you want to buy a loaf of bread you don't want to have only oz to trade. 1/10 ounce is like $3.50 (today).
That is a great price for fractional.
Not what I paid, more like $7.
Simply put:
Saving 20 dollars per month, buying for 120 dollar per half year, since the inception of this site, would have been an investment of 600 dollars, buying 33 rounds of 1 troy ounce, meaning: you would have had a value of 1050 dollars, or a Return on Investment (ROI) of 450 dollars. That would represent 75% in 2.5 years.
Why since the inception of this site? Well, we discussed it back then. I also want to demonstrate that you do not need a lot of money to make it work for you. All you need is a tactic to achieve your strategy.
Was this tactic deployed in 2016, a stack of 118 ounces would have been yours. 21 * 120 = 2520-$, now valued at: 3776-dollars. a 50% increase in value.
This particular mode of operation is called "cost averaging". Of course, at a certain point it is necessary to up the investment, to keep the flow going. But even if you cannot, simply continue.
The thing to keep in mind is that a revaluation of precious metals is underway. Perhaps, because banking history is hazy, it is not immediately adamant, but the bankers are the makers and shakers. E.S.T. and leave the common man holding the bag. Because of what the Brics is doing, last year Gold regained its position as money. And there is a huge outflow COMEX-outflow, thanks to NFSR. Why? Because in the west, thanks to the FED and their casino, Gold and Silver are dirt cheap. And the FED is the only one still playing the old game.
Of course, by the same token, you could have put your money into other means
Gold: it would have bought you about 10,15 grams with n investment of again 600 dollars, now valued at: 2441 per ounce (31,1 grams) or 800 dollars, yielding a 200 dollar ROI or 25%.
BTC: 600 dollars would have bought you 0,02353 BTC now valued at 67.000 dollars, yielding a ROI of: 1576.51 - 600 = 976 dollars profit = 160%.
ETH: 600 dollars would have bought you 0.39086-ETH now valued at 3105-Dollars, yielding a ROI of 1213.62 - 600 = 613.62 or around 100%.
XRM: 600 dollars would have bought you: 4.62819 XRM, now valued at $-136, yielding a ROI of 629.43 - 600 = 29.43 or: 5%.
There are ways to combine several assets to create a string or road to make a better deal out of it. Never forget to take the transaction costs and the premiums into account.
DISCLAIMER:
Do you own research and find what is best for you. This information is provided for inspiration purposes only and does not represent investment advice. Do your own research and make your own decisions.
You my fren are prudent, and based. I love it. I hope you are generationally wealthy in the years to come. Hell yeah!
Very nice. They will try to slam the price first thing in the morning.
100% they will. At least that has been the MO. I will say though, if you watch the volume and price action over the last several weeks, everytime the book gets heavy on the sell side, somehow, from somewhere, a shit ton of buy orders floods in and gobbles up those sell orders. Watch what happens between 9:00am and 11:00am EST. Its been a daily occurrence for about 2 weeks now.
$150 take profit target. Swap to gold when you do.
Lone Ranger: 🎵" Hi-yo, Silver!🎵