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228

GME was talked about for over a month before it was picked up by media and it was cause they were trying to convince people to sell.

Now "Silver is the next GME" is popping up in mainstream news instantly before there has been much discussion on the boards.

Seems like it is a conspiracy to make some of the hedge fund peoples money back.

Your telling me there's billions at stake and they wouldn't have a media/shill fest as retaliation?

Think smart with your money, nothing is a sure thing.

GME was talked about for over a month before it was picked up by media and it was cause they were trying to convince people to sell. Now "Silver is the next GME" is popping up in mainstream news instantly before there has been much discussion on the boards. Seems like it is a conspiracy to make some of the hedge fund peoples money back. Your telling me there's billions at stake and they wouldn't have a media/shill fest as retaliation? Think smart with your money, nothing is a sure thing.

(post is archived)

[–] • 13 pts

Its a scam. The amazing thing about the GME short stock was that the hedge funds were LEGALLY OBLIGATED to pay up or go to jail. They put themselves in that trap. This silver thing isnt even a squeeze. No one is legally obligated to sell, anyone that has paper silver contracts can just take cash instead of physical, and the price of silver is heavily manipulated by a central authority. I.e. Some bankers post on the charts their decided price of silver for all to see, whether or not you can find it at your local shop cheaper or more expensive. How many dealers will sell so far from the broadcast market prices?

This is just a scheme for banks to unload their silver paper at ridiculous prices.

[–] • 4 pts

You need to look into PSLV... they take physical delivery of silver.. COMEX is absolutley obligated to deliver physical silver. And PSLV buys from comex, puts silver in vault and is open to audits any time.

You may be right, but the fact that I tried to post PSLV on reddit wsb and got banned instantly made me realize we are onto something.

Youre right about expensive paper silver... but youre wrong about the inability to hoard the physical stuff.

[–] • 8 pts

I don't trust this at all. First of all because we know Reddit is heavily censored and owned by ChiComm Tencent. It would be shut down in an instant if it were actually helping the common person. The Chinese Communists could be pushing it so that the US Dollar collapses even faster.

Like it or not, the US Dollar's global reserve currency status is the only thing keeping us propped up in the world right now. And now that Trump was removed, we won't even have manufacturing to save us anymore. We're absolutely fucked.

Second, banks have been buying real metals with one hand while shorting the paper market with the other. So they already own a fuckton. Not only banks, but also China and Russia. They've been loading up on metals for a LONG TIME.

Seems to me this is a controlled demolition, not some way to "fight the system, man!"

We keep jumping on board with these movements, but they are designed to collapse our nation even faster. Political Hegelian Dialectic playing both sides of the politics for our own defeat.

[–] [deleted] • 6 pts

IMO it's a story to cover the actual financial collapse.

[–] [deleted] • 4 pts

Planned collapse.

It wasn't some accident of runaway greed

[–] • 2 pts

I think its legit (new cause had to make new account was a voat guy and forgot password here).

Anyways.. I tried posting pro PSLV things on wallstreet bets on many accounts and I got banned they only let discussion of SLV happen (which is super easy for (((them))) to manipulate.

Happy to comment more

[–] • 0 pt

I thought this whole thing was about PSLV. I mean they could just buy futures contracts and take delivery. That would fuck the system too, but you need some big money to even play on the futures market.

[–] • 0 pt

Slv has to buy physical ehenee inflows happen.

Today's price surge will support physical deliveries in from the futures market.

Stackers have 1.5b oz of silver. JP Morgan has 113m oz. SLV has 100m oz. But JPM is custodian.

Stackers have about 10x the physical.

A physical short squeeze can easily happen.

It already is. Premiums are $14/oz on silver eagles. Was $2/oz a few weeks ago.

That means there is a disconnect between physical and paper.

So ya...

Who the fuck knows.

But they're definitely gonna demo the economy this year.

[–] • 0 pt

Lol imagine thinking SLV actually buys physical silver.... This thread https://boards.4channel.org/biz/thread/27460881#p27470307

has some images show that only the top 4-10 holders in SLV can demand delivery and SLV still reserves rights to supply cash...

JP Morgans 113 OZ and SLV's 100m oz are the same thing.......

No where in the SLV prospectus does it state that they have to buy physical to match inflow of cash. They just have to "adjust their position" i.e. buy more paper bullshit

They dumped 1 billion of oz of PAPER silver on the comex market yesterday to keep price down. Thats 1.5x the amount of silver made in a year world wide in a day to supress this shit.

[–] • 2 pts

Fuck the US dollar it's completely corrupted American markets & industry and is a literal slave collar around all of our necks.

Burn it down to the ground or we'll never be free.

The only people I'm concerned about are the retards pushing the narrative we should let this bullshit system continue to bend us all over and fuck is in the ass every day.

[–] • 0 pt

Burn it down to the ground or we'll never be free.

Wait til you see its replacement. At least it was backed by oil trade decades ago. Here comes the shit domestic digital dollar devalued 50%, and the IMF will be happy to take over our insolvent Fed with taxation and austerity measures in exchange for their "loan" of SDR. And check out our manufacturing and exports - they're non-existent! Federal land leases for Oil are gone now that Biden is in, and the Paris accord will ensure we don't succeed or compete against any other nation on the globe.

Where will our prosperity come from? It's fucking done. We're so fucked and Americans have no fucking clue. Biden is signing off on our plunder and pillage declarations daily.

[–] • 0 pt

What I think is that we are heading towards adding a couple of classes to the world. Before there were 3. Upper, middle, and poor. We are going to have extremes, rich and poor. Like India, a class of those that can’t be touched, and those you don’t want to. Dystopian future? Let’s watch and find out!

[–] • 0 pt

The collapse has been in motion for decades. Precious metals are simply a way to hedge against the incoming hyper inflation. Silver is a decent bet regardless. That it's unlikely to swing wildly (barring hyper inflation, where most market rules will go out the window anyway) makes it better for less risky investors.

[–] • 3 pts

I always invest my $ in hookers and blow

[–] [deleted] • 2 pts

Pretty much a guaranteed return

[–] • 2 pts

Its a growth market

[–] • 1 pt

Depends if you are buying or selling.

[–] • 0 pt

Solid investing advise. Here’s my card.

[–] • 0 pt

I'd much rather subscribe to your obv awesome private blog on how to romance women

[–] • 0 pt

Havent heard that saying in a while. Hookers n blow. Trucker talk

[–] [deleted] • 2 pts

Melvin Capital, the hedge fund getting raped by GME, has enormous silver holdings.

This is an astroturfed movement that directly benefits (((them))), and is being discussed nowhere on Reddit.

[–] • 0 pt

No this does not benefit (((them))). Imagine if people realized that their dollar was backed by nothing.

Imagine if every american bought 1 physical OZ of silver. This would drain almost half of the world's annual supply. If everyone bought 2 oz in the US alone it would drive prices soo high you couldn't imagine.

Then when people begin to come to collect on the COMEX futures they own becuase they are getting worried there is no silver left, COMEX (who has 500 time the amount of paper silver trading as compared to physical that even EXISTS) would be left having to pay out in cash for all these contracts.

This achieves two things. First puts huge doubts in to the markets which are controlled by (((them))) and second shoots the price of silver up as it is used heavily in industry. I am almost certain this will happen

There are 6kg of silver in a Tesla alone (batteries use that shit). So companies like them may go to comex ahead of time and purchase futures and demand delivery now as they do not know if itll be there in a year. If a bunch of companies did this it would dry up supply. This initial spike from retail is only the beginning.

Saying hedge funds own silver so we shouldnt buy it is a strawman. They saw what happened with gamestop and now recgonize they can do this to the banks. Just note DO NOT BUY SLV.. it is more paper backed bullshit by JP Morgan. Only buy PSLV. They take delivery when comex to make sure that

Market cap / oz in vault = spotprice*1.02 .... as that 2% is a managment fee... you would get charged that and more in fees if you bought from an online dealer. If you put over $30k in rn that is enough for delivery... While its alot for many it is also nothing for some.

[–] [deleted] • 0 pt

I’ve got nothing against picking up silver, but running it up right now, this week, does benefit (((them))).

[–] • 0 pt

Please tell me how. The way i see it is they are more short than long in a market that trades 500x the amount of paper silver than there is physical.

(((They))) may own it but if the price rises (((they))) will have to sell it to whoever wants to collect on the calls (((they))) sold

P.S. check out wallstreetsilver on reddit. Wallstreetbets banned any intelligent conversation on the topic. I am shocked to see the level of discussion going on there.

[–] • 0 pt

You didn’t read far enough down. It’s there

[–] • 2 pts

I'm holding onto it for hard times when and if they come. I have been buying for a while. This wsb thing could just be some icing on the cake. It has little impact on how i view things. I just may pause on continued buys while things shake out.

[–] • 2 pts

Citadel owns a shitload of silver. It's atotal scam to get the GME losers back in black.

[–] • 0 pt

please ctrl+f my username in this post.. you will see plenty of comments from me on why you are wrong.

happy to point you to any resources if you have questions. GME was a hedgefund killer. Silver is an economy killer

Remember PSLV not SLV

[–] [deleted] • 2 pts

Stackers are stacking for the inevitable smoking hole everything is heading towards. At this point its beyond making a few percentage more jew bucks in day to day trades.

[–] • 1 pt

I just can't imagine trading a silver coin with my neighbors if shtf. I can imagine trading weapons and ammo though.

So my concern is everyone buys silver as someone else buys the guns. A hedge fund with billions of dollars of weapons is a massacre, a bunch of individuals with weapons is a revolution.

[–] • 3 pts

There was some guy on 4chan or something who survived the war in the Balkans. IDK look it up. Anyways, valuable items were like booze (also for antiseptic), lighters, food, guns & ammo (ofc)

[–] [deleted] • 3 pts

Buy land and big ticket items with silver/gold for day to day trading its barter. I stack ammo too it's always best to have a diverse portfolio.

[–] • 1 pt

I think that depends on how fucked things are when "shtf", could just be that you lose your job or need some extra cash. It might not be total anarchy.

[–] • 1 pt

I know. I have a shit-ton of bird shot and .22 just for barter. Mama didn’t raise no dummy. Retard? Yes, absolutely. Dummy? No.

[–] [deleted] • 1 pt

Silver coins would serve as an intermediary for when you don't have what your neighbor needs, but your neighbor has what you need. You'd pay him in silver coins, and he would then pay someone else for what he needs using those. This is basically the concept of money - the difference is that in this case it's real tangible money and not paper crap created out of thin air.

[–] • 1 pt

Its fake. There is no silver short squeeze.

[–] • 1 pt

Physical Silver yes but not SLV

[–] • 0 pt

PSLV not SLV.... read about sprott. The commpany founder hates fractional reserve banking. He wants to kill COMEX

[–] • 0 pt

Check who is PSLV custodian, they have 2....you will not get your silver becasue there is no physical silver. Same custodians found a legal way to hold all other funds "physical" silver... It is all legal scam.

[–] • 1 pt (edited )

Jamie Dickmouth has huge silver shorts. Also a shit ton of physical.

Wtf do we do, go into palladium or tulip bulbs.

Also bitcoin, and bullets or something

[–] [deleted] • 0 pt (edited )

The scam is perhaps twofold:

Get the fools to buy (((their))) prayer silver

When silver shoots up and the dollar collapses, china and Russia win because they've been stacking for a while.

[–] • 0 pt

I for one welcome our new White Russian overloards.

[–] • 1 pt

Silver and gold in my eyes are to keep your land and home. Uncle sam will always want his taxes no matter the situation (and silver/gold would actually be preferred payment if the dollar collapses) . So if you can outlast your neighbors in property taxes you'll be back of the line and you can see how long you have before the gov comes.

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