No surprise, just confirmation that you can’t believe anything, when the fake is being faked.
The huge fluctuations in price are the excuse given by the dealers for the high premium.
If they sell to you at $90, the price might be $94 before they can replenish – or they buy at $90 and it drops to $85 before they sell. Novices will fall for this. But as a friend replied to the cop’s question of “Do you have a good reason for exceeding the speed limit?” with “No officer, there are never good reasons for exceeding the speed limit, just bad excuses.” I feel the dealers are capitalising on the fact that it’s a one way journey. Any drop after buying is temporary, and, in any case, if you are buying and selling all the time the margin fluctuations cancel each other out. Maybe time to become a bullion dealer. 20% here we come!!
Fwiw update AG guy says he’s been copied.
That he is the real ag named Johnag. The others are fake.
Something to be aware of
Nicolas Hulscher, MPH
@NicHulscher
🚨The USDA Approved EXTREMELY Dangerous Self-Amplifying mRNA Injections For Dogs & Cats: Nobivac NXT by Merck
Veterinarians are actively administering these experimental shots for rabies, flu & FLV.
Injected pets are likely shedding samRNA onto humans across the country.
All-time high volume in SLV
So, where are they going to get the metal to back all those shares?
For that matter, where is Sprott going to get all that metal?
I have a tendency to forget what the investment impact on supply might be as the price climbs.
These are the good old days. 🙂
Spoke too soon……This could be a terrible mistake, to let these barstards off
Trump Appears To De-Escalate Iran Rhetoric, ‘Killing Has Stopped’ – Oil Tumbles
https://www.zerohedge.com/military/us-withdrawing-some-personnel-qatar-air-base-over-iran-threat
RNO – $93 breached
I wonder about something big happening too. This move in silver has to be creating problems for some bank somewhere.
I don’t know what the Crimex volume looks like but the action is hot and heavy. $.50 moves happening inside a minute or two have been happening all afternoon.
They still have the firepower to keep gold under wraps, but silver is unbelievably volatile. Looks like shorts come in and take a position only to cough it up a half hour later.
Nice to see the shares firm up a little going into the close, but they should have had a big day.
Look,s like US is going into Iran
bang on the hour 45 mins ago, oil got hit…this has happened everytime the US stirs up trouble in the ME….
Apmex
Apmex seems to have plenty of inventory. Premiums are $6.50/oz on silver.
20 day moving average is around $70/oz. That would be a huge sell off and still be in an uptrend.
Stocks not moving with the metals indicates somebody wants physical NOW. Spot also is above Crimex. I don’t remember that ever happening before.
Something big is about to happen on the world stage, Get ready !
rno
Sng
Delivered just now. Was occupied with a project. Took a break read your post and voila? My maples were arriving. There not there yet here but looks like they’re working on it. I’m done after 70.
Sng thanks for reminding me
My orders on its way finally. First order of Maples pricy at around 70 then tax to collection for diversity Don’t have any spare spare to sell anyone in there though
Late afternoon silver rally
What’s going on?
Will it hold…
If you’re in Canada (which you’re not) and you stop by Border Gold (which you won’t) and they happen to have any physical silver in stock (which they don’t)…..
….but if some of the precious happens to arrive while you’re there (which isn’t likely) and you’re the first in line (which you’re not)…. but if you were and all of the above worked out, and you handed them a Loony $100 bill, and two Loony $20’s, they’d bless you with 1-oz-2025-canadian-silver-maple-leaf-coin….and even give you a CDN dime (10 cents) in change…but they won’t because they’re currently out of stock! All the Best from SNG! (edit) add another CDN Twony now!
https://www.bordergold.com/product/1-oz-2025-canadian-silver-maple-leaf-coin/
Bumping up against $92
I wonder if the silver shock is going to weigh on the stock markets overall?
How do you fix a supply problem? Higher prices might keep some folks out, but the industrial guys still must have it at any price. The only thing that fixes this is more supply coming online. That might take some time. Hard to figure out where the price goes until they get an ample supply of the metal.
and while I’ve been typing we’re bearing down on $93.
Eagles at my dealer are now selling for $103 – unreal.
It’s not like people go to the US Mint to buy Silver Eagles anyways
CO Gold has 2026’s but 4 weeks out. $98.91 each to your door. Get a Mint box before they are uninsurable to ship!
Posted all over US Mint suspended sales.
I checked the mint, looks like eagles sold out to regular buyers.
Deer79/aurum
Thanks for the word on DVS. I don’t have much, but if these shares ever really get going I don’t think we’ll need much.
The Great Silver Squeeze
Suspended Sales at the U.S. Mint, Physical vs. Paper Promises, FOMO, and the Perfect Storm!
It’s happening. The moment that the precious metals community has been warning about for years and years is finally upon us. In a stunning development, the United States Mint has been forced to suspend sales of its silver numismatic products, citing the “rapidly increasing silver prices” that have made it impossible for them to accurately price their own products.
At the same time, the UK’s Royal Mint is completely sold out of its silver bullion products, with a notice on its website that simply reads, “Email Me When In Stock.”
These are not isolated events. They are the canaries in the coal mine, the likely final, desperate warning signals that the physical silver market is breaking down in real time.
This is not a drill. This is not a test. This is the beginning of the end of the paper silver market as we know it. The price of silver is moving so fast that even the official government mints of the world’s leading economies cannot keep up. The music is about to stop, and hundreds of thousands of investors who thought they owned silver are likely to be left without a chair.
- You need to understand the explosive implications of these developments.
- You need to understand why this is happening, what it means for the future of the silver market, and why the window for the average investor to secure their position in physical silver is closing with terrifying speed.
- You need to understand the meaning of the horrifying ~350:1 paper-to-physical ratio in the silver ETF market.
- You need to understand the cascading effects of a physical shortage.
- And you need to understand the coming wave of FOMO that will send the price of silver into the stratosphere.
For those who have been paying attention, this is the moment of vindication. For those who have not, this is the final warning. The time to act is now, before the doors to the silver market are slammed shut for good.
This is not hyperbole. This is the mathematical and logistical reality of a market that has been stretched to the breaking point.
For decades, the price of silver has been determined not by the physical supply and demand of a critical industrial and monetary metal, but by the whims of a handful of large banks trading paper contracts in a rigged casino.
That casino is now on fire, and the exits are being blocked. The U.S. Mint and the Royal Mint are not just any retailers; they are the official, sovereign suppliers of legal tender coinage for two of the world’s largest economies.
Their inability to function is a five-alarm fire, a blaring siren in the night that signals the likely imminent collapse of the entire fraudulent structure.
The Great Silver Squeeze that has long been discussed is unfolding. Western mints are suspending sales. The war between physical vs. paper promises is raging. FOMO is about to enter the building. We are likely at the moment of the perfect storm and this very well might be the last chance to get on the right side of it!
Let’s Dig Into The Following:
- The ~350:1 paper-to-physical ratio is a ticking time bomb. For years, the price of silver has been suppressed by a massive and complex scheme of paper contracts, futures, and ETFs that have created the illusion of a vast and liquid market. But that illusion is now shattering. As the physical market tightens and the price of silver continues its parabolic ascent, a frantic rush to convert these paper claims into physical metal is now underway. Why the smart money is getting out of the paper casino and into the physical lifeboat while they still can!
- There is historical precedent for the silver supply squeeze. This is not the first time that a critical commodity market has been pushed to the breaking point. History is littered with examples of supply squeezes that have led to explosive price moves and financial chaos. From the Hunt Brothers’ legendary corner of the silver market in 1980 to the recent nickel squeeze on the London Metal Exchange, the pattern is always the same: a disconnect between the paper market and the physical reality, a rush for delivery, and a violent, chaotic repricing. However, this time is much different. Why a failure in the silver market is not just a financial event; it is a systemic one!
- There are frightening cascading effects of a world without silver. The breakdown of the physical silver market will not be a quiet affair. It will be a chaotic and violent event that will send shockwaves through the entire global financial system. The cascading effects of a physical silver shortage are predictable and they are terrifying. Why a world without affordable, available silver is a world that is about to experience a technological and economic shock of unprecedented proportions!
- The miners potential becomes explosive because of the locked out capital from the physical. In an environment of soaring silver prices and a physical supply squeeze, the silver mining sector is poised for a re-rating of historic proportions. While the miners are the ultimate leveraged play on the price of silver, a far more explosive dynamic is about to be unleashed. As governments and corporations prioritize their own strategic needs; hoarding every available ounce for military, technological, and industrial purposes, they will systematically lock retail investors out of the physical market. The ‘unavailable’ signs at the U.S. Mint and Royal Mint are just the first taste of this new reality. Why a massive, global wave of retail investors will soon flood into the miners!
- And the great irony is that we are still early in this cycle. The majority of the investment world is still asleep at the wheel, oblivious to the train that is about to hit them. The FOMO wave has not yet even begun. The great lockout has not yet been fully implemented. There is still a small, rapidly closing window of opportunity to secure our position in physical silver before the rest of the world wakes up. Why this is now a once-in-a-generation opportunity, a moment that will be written about in the history books!
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deer79
As I understand fractional shares at Fidelity Brokerage, which I use, they hold the fractional shares as a sort of iou that will be paid either when I sell or when I buy more.
I need to see if I can buy in fractional shares.
aurum
Aurum/Buygold
Looked at the online presentation of the DVS/Contango merger.
Dolly Varden’s website says the deal should be completed by late February/early March.
For every DVS share that you own, you will receive .1652 of a Contango share (CTGO).
$100 million in cash on hand and only $15 million of debt.
So, based on pure arb. math ( CTGO stock price x .1652= $4.88), looks like DVS is looking for a sweetener???
I started a position in HYMC
and wish I had more. It’s a wild card play for sure. It’s my favorite stock right now. Saving for SpaceX IPO too
Maddog
I’m reposting T Luongo video he made on the 11 th I posted the other day. Reason is signs the EU sounds like it’s getting closer to a fiat reset. That Lagarde in order to save the Bunds they call it there is going to be selling Treasuries * Bullish for Gold and the SM and Trump will act for the US while they will try to sacrifice our economy for theirs and France no better off, both of them. Because of Capital controls money is moving to Italian debt to try to survive what’s ever coming
You were sick then. It’s is at the end of the video a hour in. Ps France Germany UK some big battle of the bonds coming and American should be aware too. Sounds serious you will see people trying to hold on to what they have. People or government that Scrooged the people?


