I am very bullish on silver.
'I've been collecting Morgan silver dollar since I was a kid. Other than my Carson City dollars, most are now worth more in silver than as collectible coins.
I am very bullish on silver.
Yup on JP Morgan manipulating the price of silver and gold. I heard that on a podcast a few months ago. I’ll to find the podcast.Hi everyone Ive been following the silver market for over 25 years now. In short purchasing en masse (via massive public and private purchases) of silver is required to then cause dealers and wholesalers to hedge their positions on the COMEX markets, thus causing price increases. As we know human psychology is to BUY BUY BUY as we a commodity/equity going up in price. If enough momentum is gained at the beginning then silver should see 35/ounce in no time and while this will fluctuate wildly, ppl will buy the dips hard and this will go to the moon. If not looking at CPI but rather shadowstats inflation data, 1980s silver of 55/ounce would equate to ~ 1000.00/ounce now. Zerohedge article is on point. Will it ever reach fair market value. No, because in short JPM has over a billion ounces of physical amassed during its constant shorting, that they will dump the market will silver eventually to crash the price. Will silver reach 100?? Probably , 250??? Maybe, 1000?? I wouldnt bet my life on it. If anyone has questions let me know.
I bought a tiny bit back in March and April when it was $16! They guy goes the days of cheap silver is gone. I would love to add more at some pointBuy Physical Silver. Period.
Buy Physical Silver. Period.
Hi everyone Ive been following the silver market for over 25 years now. In short purchasing en masse (via massive public and private purchases) of silver is required to then cause dealers and wholesalers to hedge their positions on the COMEX markets, thus causing price increases. As we know human psychology is to BUY BUY BUY as we a commodity/equity going up in price. If enough momentum is gained at the beginning then silver should see 35/ounce in no time and while this will fluctuate wildly, ppl will buy the dips hard and this will go to the moon. If not looking at CPI but rather shadowstats inflation data, 1980s silver of 55/ounce would equate to ~ 1000.00/ounce now. Zerohedge article is on point. Will it ever reach fair market value. No, because in short JPM has over a billion ounces of physical amassed during its constant shorting, that they will dump the market will silver eventually to crash the price. Will silver reach 100?? Probably , 250??? Maybe, 1000?? I wouldnt bet my life on it. If anyone has questions let me know.
I collected those in my youth as well as silver coins in general which you would occasionally get in change. Sold it all in 1985 when we purchased our first home. I missed the peak when the Hunt brothers pushed the price to $55. I believe it was in the 20s when I sold.'I've been collecting Morgan silver dollar since I was a kid. Other than my Carson City dollars, most are now worth more in silver than as collectible coins.
So, you think JP and other massive silver holders wouldn’t mind a big time price spike nor a subsequent massive sell off?I bought a tiny bit back in March and April when it was $16! They guy goes the days of cheap silver is gone. I would love to add more at some point
@CTBasketball @XLCenterFanHow long does it take to move over?
Hi everyone Ive been following the silver market for over 25 years now. In short purchasing en masse (via massive public and private purchases) of silver is required to then cause dealers and wholesalers to hedge their positions on the COMEX markets, thus causing price increases. As we know human psychology is to BUY BUY BUY as we a commodity/equity going up in price. If enough momentum is gained at the beginning then silver should see 35/ounce in no time and while this will fluctuate wildly, ppl will buy the dips hard and this will go to the moon. If not looking at CPI but rather shadowstats inflation data, 1980s silver of 55/ounce would equate to ~ 1000.00/ounce now. Zerohedge article is on point. Will it ever reach fair market value. No, because in short JPM has over a billion ounces of physical amassed during its constant shorting, that they will dump the market will silver eventually to crash the price. Will silver reach 100?? Probably , 250??? Maybe, 1000?? I wouldnt bet my life on it. If anyone has questions let me know.
I think they'll dump to keep the price downSo, you think JP and other massive silver holders wouldn’t mind a big time price spike nor a subsequent massive sell off?![]()
But you can’t buy it in any meaningful quantity right now. Want to buy 10k not a big deal but looking for 50 k - 200 k nearly impossible at this point.Buy Physical Silver. Period.
I’m not buying the SLV rumors, smells like the bad guys to me.t
the fear is that the squeeze starts happening while your funds are in limbo and you can't sell them.
people will be left holding the bag and if you can't move your money then you're screwed
Yeah the hedge funds are trying to get people to buy other stocks, in this case silver. Don’t buy it.I’m not buying the SLV rumors, smells like the bad guys to me.
I also want to add that Citadel added to their position on GME right before RH shut down trading and ultimately limited the amount you could buy. The bastards know they will get caught but the fines will be a pittance to what they make or save. Thieves.
This SLV talk went from small forum discussions to CNBC and other main stream media saying Redditors next big short target is SLV!! Everyone buy buy buy! Meanwhile big hedge funds are top holders in SLV and PSLV.I’m not buying the SLV rumors, smells like the bad guys to me.
I also want to add that Citadel added to their position on GME right before RH shut down trading and ultimately limited the amount you could buy. The bastards know they will get caught but the fines will be a pittance to what they make or save. Thieves.
Yeah the hedge funds are trying to get people to buy other stocks, in this case silver. Don’t buy it.
The longer people hold and buy AMC and GME the harder these clowns get wrecked. But when that time comes, it might create a downward ripple in the regular market because Citadel is cashing out other stocks to pay for the shorts.
Limited on Robinhood.On one reddit forum I saw somebody trying to pump SNDL, a pot stock. I grabbed some last week and it is up 31%. It's under $1. Might become another target.
$ SNDL
you're in @ .9569$ SNDL
i always wonder if these people are just ignorant and don't get what's going on or if they are just choosing a narrative.This SLV talk went from small forum discussions to CNBC and other main stream media saying Redditors next big short target is SLV!! Everyone buy buy buy! Meanwhile big hedge funds are top holders in SLV and PSLV.
Fishy .
not you Mr. Fishy, you’re cool