Before Crimex and CPI. $87 wow
Buygold @ 7:25
Post was not from me…perhaps hacked. Post was pushing on line gambling…Beware. Thank you for the welcome back…have been lurking all this time. After so many years of waiting finally our thoughts and warnings regarding PM’s have arrived. May the Blessings of Our Lord remain with us throughout.
Thought they were going to pound us last night
but silver came ripping back after being down almost $2
They’ve got gold locked below $4600. PM shares look OK, on either side of flat in premarket.
Dollar flat, rates climbing to 4.2% on the 10 year. Oil jumping almost 2%, back above $60. Bitcoin up 1%. SM down a fraction.
CPI inflation numbers come out in an hour. We’ll see if they have any effect on things.
Everything seems quiet these days. Too quiet?
samb??
Is that really you? Been a very long time since you’ve been around these parts.
I figured higher pm prices would stir up some new posters, but good to hear from some of the old ones too.
Welcome back, how are things in the Jersey area?
BTW – the SM is my only source of online gaming these days. 🙂
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Ferret 21:19
Did you know Anatoly is really young and is from Ukraine originally. He moved to Moscow to train himself. Years of hard work odd jobs trained in a graveyard during Covid, disheartened about the war moved to Dubai next. His name is Vladimir.
Mr Copper
RE get rid of that guy. Yeah I know I already said that but might take it to another level.
Mr Copper
BTW I don’t even trust calling and asking over Sec filings. They might be clueless of lying. Two days before Washington Mutual shut down I went in and took most my money out. It was easier on those days. After I got my money I asked them if they were going to shut down. I Asked them a few questions actually, they said no. A few days later they were shut down and JPM took them over.
goldielocks @ 18:03 re Elon picking up where Samsung left off.
Get rid of that guy, his bs is too long and not reliable at all.
I asked ChatGPT “briefly is it true Elon hoarding silver and Samsung is dumping silver switching to graphite while tesla has 340 million ounces?”
No — those claims aren’t true as verified facts. Here’s a brief reality-check:
✔️ Elon Musk hoarding silver:
There is no credible evidence that Elon Musk or Tesla is “hoarding” huge amounts of silver privately. What’s real is that Musk/Tesla executives have commented publicly about concerns over rising silver prices and supply pressures because silver is used in EVs and other tech. Musk said recently that surging silver prices and export restrictions (e.g., from China) are “not good” for industry — but he didn’t announce any massive personal or corporate stockpiling of silver.
✔️ Samsung “dumping silver” or switching to graphite:
There’s no confirmed report that Samsung is dumping silver. In fact, Samsung SDI is developing next-generation solid-state batteries that may use silver (in silver-carbon composite layers) as part of the design, which would increase industrial silver demand if adopted broadly.
There are no credible industry reports that Samsung is switching to graphite instead of silver to reduce usage — that sounds like speculation or confusion with other battery materials trends.
✔️ Tesla holding “340 million ounces of silver”:
There is no verified source showing Tesla owns 340 million ounces of silver. That number is not from any credible financial filings or supply data for Tesla. Public reports on Tesla’s use of silver focus on industrial demand in production, not massive stockpiles.
Summary:
-
No reliable evidence Musk is hoarding silver as a private stash.
-
Samsung’s new battery tech is proposed to use silver, not abandon it, and is not mass-produced yet.
-
Tesla doesn’t publicly hold hundreds of millions of ounces of silver.
These narratives mostly circulate in online speculation or social forums, not in verified reporting.
Mr Copper
I just found this. Not the only one checking. SEC filings would be faster.
- YouTube Claims: The information about an “Asian guy on YouTube” appears to be referencing a series of AI-generated YouTube videos that are reportedly spreading contradictory or unverified information about the silver market. These videos are known to post both bullish and bearish claims, leading to confusion and speculation within the retail investor community.
- Fund Suspensions in India: Two specific fund houses in India (Kotak and UTI Mutual Fund) did temporarily suspend new lump-sum investments into their own local silver Funds of Funds (FoFs) in late 2025 due to a significant premium on physical silver prices in India compared to global spot prices, creating supply/demand imbalances. This was a regional issue with specific Indian funds and not a shutdown of the global SLV ETF.
- SLV Status: The U.S.-listed iShares Silver Trust (SLV), managed by BlackRock, remains open to new investments and continues to operate normally. It has actually seen increased physical holdings and benefited from renewed inflows as investors chase momentum amid a strong silver market rally.
- Market Volatility: The silver market is experiencing significant volatility driven by supply chain constraints (like new China export restrictions), strong industrial demand, and high investor interest, which has led to high premiums and large price swings. However, this volatility does not equate to the ETF shutting down.
goldielocks @ 18:41 re Cannot account over 300 million ounces
Who is that bozo with all the long explanations? Where are you finding them? Besides, they are probably fake, AI driven. My wife used to say, “The bigger the explanation, the bigger the lie” I listened for about five minutes and I asked ChatGPT Briefly, is it true SLV cannot account over 300 million ounces of silver missing.
Short answer: No — it’s not a verified fact that SLV “cannot account for 300 million ounces of silver missing.”
Here’s the reality in brief:
• SLV holds physical silver that is reported daily by BlackRock: According to the official SLV holdings data, the trust has over 500 million ounces of silver in trust as of early 2026, and this figure is published by the issuer and updated regularly.
• Some market commentators talk about “missing” or “double-counted” silver: There are discussions in blogs and forums claiming that silver inventories (in COMEX and LBMA vaults) overlap with SLV holdings, implying some portion of physical metal isn’t uniquely accounted for — e.g., suggestions of ~100 million+ ounces of overlap/double-counting.
However, these are theories or critiques, not verified findings from regulators or SLV’s custodian.
• SLV’s own legal disclosures state it holds silver for each share issued: The trust’s prospectus and filings specify that physical silver is held by a custodian to back SLV shares (with a small unallocated portion allowed under certain terms).
Fwiw I did find this.
- No Delisting Order: There are no records or news indicating the SEC ordered SLV to delist.
- Continued Trading: Exchanges are proposing rule changes to facilitate more options trading on SLV, alongside other major ETFs like GLD and TLT, suggesting ongoing market interest and regulatory approval.
- SEC’s Role: The SEC reviews and approves these proposed rule changes from exchanges (Self-Regulatory Organizations or SROs), as seen in their filings related to SLV options.
Maddog
I don’t know why anyone would buy unallocated less a short germ trade.
I used to have Sec filings, don’t right now. There must be info on something like this this and if they’re going to delish. I used to check for any reverse splits coming up on commodities. If they’re not posting this on Sec it seems they would be defrauding investors themselves.
This sector has caused me to question everyone involved. Would they turn on each other to drive the prices down. If it’s not true this particular AI just might get delisted himself with someone’s frying pan.
Yep, they’ve gone the way of all the other videos for me.
You can’t take anything at face value. But there is so much “information” that you can’t possibly verify it. However, there have been enough verifiable fallacies to render the whole series null and void.
Except Anatoly. I will still watch Anatoly’s videos.
Asian Guy
It seems pretty clear that the same AI is used by different players to put together these videos.
A lot of shall I say, unreliable information?
From SLV prospectus

If you want silver, you need to be a registered broker-dealer who has entered into a contract with Blackrock; i.e. are already best mates. I wonder what the contract says …..
Anyway, for you peasants, it’s cash or nothing.
drb2 Re: Peloton
Thanks for the additional info. As cheap as it is, I was thinking of buying some number of 1000’s of shares. Not trying to move the price; perhaps if I put in limit order at a given price and make it good till canceled. Any traders out there care to advise? My risk entirely, of course. Would just like to collect enough to make it worthwhile if the drill results were favorable.
SLV I don’t know anymore than anyone else
Even less don’t even see price action on what’s going on
It seems to me it would be a better option to try to obtain that missing silver than just liquidate and delist. Have they ever pulled reverse splits?
You think the holders should of been made aware of this. If true luckily it would come at a time of shortages vs demand and get bought up fast.
Is it something that is not likely to happen and scare people out of silver or is going to happen. Does anyone have access to its SEC FILINGS. There is concern that since China has restricted sales of silver and demand outweighs supply where are these ETFs going to get it from?
Maddog
I wish I were as optimistic as you are!
Captain Hook
Rre SLV
The custodian will have to make good, by buying the missing silver……they may get away with a cash settelment, but that would have to be agreed which takes time……and all other mmetal ETF’s would be under the spotlight…….it would be wild, but so are super bulls.
ipsofacto
If President Trump brings down the iranian regime, he and Bibi will have gone a long way to solving the ME as a crisis zone, maybe forever…they will both be feted in Iran and israel…..the optics will be spectacular, vast crowds celebrating ……
Anyone portraying him as a war President will look straight mad……..if he pulls it off, he will forever be known as a truly great President…..do not worry.
$27 silver LOL
now I have to go and watch the video

