The Banksters Are ANGRY!
Classic Cartel Op: They Just SLAMMED Paper #Silver Futures on thin Christmas Eve Session & Widened the China Silver Premium to $8/oz.
You read that correctly. Paper silver is now trading at an $8/oz discount to PHYSICAL SILVER METAL in Shanghai!
(media.greatawakening.win)
🍿 POPCORN 🍿
Yes I just bought calls on SLV.
Shanghai market doesn't close for Christmas, so I expect a big increase,going into Friday.
https://goldsilver.ai/metal-prices/shanghai-silver-price
Not so smooth brained after all PB!!!
I've been buying these since spring,taking out some of the money and buying mining stocks as well. In the past it traded sideways for a week or two and I could buy in cheaper,but I think those days are gone. In about two hours today,I was up 12%, so i grew a wrinkle i guess.
Kek
"In about two hours today,I was up 12%, so i grew a wrinkle i guess." kEk
Yeah. The miners have been a boom for me since I got in. Triple digit gains in short order.
Yeah. The miners have been a boom for me since I got in. Triple digit gains in short order. My Newmont is up 273%
I bought a mix of pan american Hecla and first majestic. They are all way up.
Is it my imagination, or isn’t this actually doing anyone who’s long a favor?
Us banks are long and European banks are short now.
That’s … weird.
Interesting that we now have leverage over them. And we don't really know who exactly owns these contracts....
https://www.reddit.com/r/Wallstreetsilver/comments/1puogsc/on_jan_1_announcement_68_goes_into_effect_in/
Chinese export controls start on new years.
71.40 their dip is disappearing fast.
10:43 central.
I wonder if it's because they have started selling assets?
Chinese AI silver guy cited the wrong law in one of his videos,the law he sited was about someone getting taken over.
Possible Tinfoil comms
https://greatawakening.win/p/1ARdRI9azh/oh-mywhhhhat-folks-this-hugesi/
Yeah I saw that a bit ago. So why the discount on paper silver?
It's all they have to drop the price,and help balance their books. Who knows the amount of hidden derivatives and they are probably short on mining companies as well.....
Ok. I get it . Trying to cause it to dip again. Thx
Marge might be calling for some clown.
Can someone explain this? Why? What's the pro/con?
I don't screw around with paper...only physical....so I don't get it.
u/Pbman2 ?
Incentive to drain the comex and send it East.
Their will be lots of cargo plains flying flying out.
I expect export controls soon, like China is putting in place.
The faster the comex is emptied,is a big win for us.
Ah okay...
Yeah comex is shite...
Found a good video on it.
https://www.youtube.com/watch?v=GIhPJro4kz4
Thanks - been watching Clive (or at least listening while driving/holiday fagging) - he essentially said that it's an $8 discount vs physical, for paper...but that doesn't make sense to me.
I mean, for S&G, let's say that the price for paper in Shanghai was $78 and comex spot is $70. Shouldn't an "$8 discount" be represented as $62 instead?
That's where my math (and mathS - ALL of them) is dividing by zero...
See what I mean?
Looks like he misspoke. Their is an 8 doller difference in spot price between the two markets. Usually it's small well under a doller as he said. For 8 dollars an ounce you can buy in the US and afford to ship it to Shanghai,and make a nice profit. They probably stand for delivery in the US and sell a short term future in Shanghai. And technically they are buying a futures contract for December delivery in the US,so it's paper that becomes metal.
Insiders use different terms than US.
Ok thanks
I just added 100oz of physical, to my stash. I have to do my part to keep the price climbing. 😁
If you can't hold it you don't own it.
True,but I've been printing money with calls on these dips.
I have gobs of Physical.
Day trading is lucrative, I'd be putting my profits into physical silver if I were but I'm too poor to invest right now.
When silver bangs up, I will sell this and finish paying off my house and such and try to keep my shiny.
Funny story.
Yesterday, I ran out of paper for my printer (fighting the IRS). Anyway, I go digging and find 20 oz I had forgotten about
Yea, Christmas!!!
I did a full inventory last week. It was 150 oz more than I thought. I bought a bunch years ago and just put it in my gun safe and it got buried under paper.....
DAYUM. That’s some serious TOZ.
sauce--- https://x.com/silvertrade/status/2003854160786071856
AND STILL UP .44
FAFO BANKER BITCHES.
Lets make physical silver the new bitcoin…
I have quite a lot of Silver coins left to me from my dad. Just holding them. I don't really follow this whole silver movement 🤔
Its just starting. Hold fast
You have the best strategy, just buy and hold. Life is easier if you just ignore the noise.
Still wouldnt sell mine. Espescially to china.