Silver short..They can try to raid the ETFs. What else can they try to raid? Will they buy out bullion sales?
Asian guy back with warning
Buying before it’s no longer available issues ahead.
Silver surpasses apple
Demand to continue into 2026
Source: YouTube
https://search.app/P8x4e
Hycroft mining
Huge silver potential.
Hycroft Mining: Huge Silver Potential With Near-Term Catalysts (NASDAQ:HYMC) | Seeking Alpha https://share.google/6QN2GnQPzB6nPsS7U
Washington state.
Could be a busy week for dealers there.
Well here we go. It didn’t say what state but let me guess.
New tax on PMs starting Jan 1 at a 10% tax.
Source: YouTube
https://search.app/yXcGE
JPM freezes accounts of stable coin firms
JPMorgan freezes some stablecoin accounts over sanctions exposure – report (JPM:NYSE) | Seeking Alpha https://share.google/bu8PJT98966BUBhAg
Buygold
I would never answer a question like that lol because only they can decide. You can give them some practical reasons to sell is all. If he expects it to drop soon he could sell and wait and buy it back. Cash on hand like Buffett.
What could your friend buy? He might be asking himself that question if he’s asking you.
It’s a conundrum alright.
LP always said (and by always, since I first knew him in 2003) that gold would shoot up first, then one should sell your gold and buy silver, as it would shoot up much more than gold did to move back towards (not necessrily to, but towards) 15:1. And that there would only be a short time frame, days, in which to load your stash and toddle off to the dealers to optimise the switch. So he would be saying that silver has a lot further to run in comparison with gold which is not to say that gold isn’t going to continue its run, just that silver will do better.
I’m no good at trading. So for me the question is: “have the fundamentals for owning PMs changed?”, and as the answer is no, and the recent price increases are, IMO, a reflection of markets and people finally catching on to what we have been saying for decades, then I will keep holding. That’s what Bateman is saying, I guess. I shan’t try to finesse between gold and silver because I’ll get it wrong, and there are transaction costs and taxes. If they go down a bit, there’s nothing new about that. I don’t think, for example, that silver will go back to $20 because of the global finance situation and real physical shortages for industrial applications. Your friend could sell some – selling 15% would give him free carry for the rest (subject to taxes) but then, what does he buy?
One reason for keeping silver is that it is still low value compared to gold. So it is more fungible if we have a reset and need to use it for barter. 50% silver coinage, very fungible. At $100 per ounce, a 1 oz pure silver coin will buy you a week’s grocery. While a sovereign is now $1,100; enough for a month’s malt whisky maybe, but not really practical.
Ipso, I agree on all of that. None of us have ever been “here” before so we have to keep an open mind and think for ourselves
My wife and I help our neighbors as well as our farmer and rancher friends, so unless we can’t travel the few miles to them we should be okay food wise, at least to start. A caution I have had for some time is to keep a low profile, at least until the dust begins to settle and we can see their intent . I think the true colors of our politicians will quickly surface and we’ll then be better able to navigate these coming AI driven 6G satellite regulations. Luck to all. We’re all blazing our own trails. SNG
ferret and all
so let’s say silver hits $100-$125, do you then sell and buy gold with it? If I were to sell now, that’s what I’d do with it.
That’s the thing, you don’t want to put it into dollars and the bank right as the dollar is fading into the sunset.
Selling is where this becomes hard, ideally it would be nice to trade it for real estate, but it’s too early for that.
Is silver going to hit a top of $100+ and just hang there, or is it going to do what it has done in the past and drop back to $50-$60?
I have an old friend who bought with me way back at $10, he had some friends who also bought there. He called me tonight wondering when to sell. They’ve done well finally after all these years – up 700%. He’s worried about it crashing back to $20. Valid concern from the way pm’s have acted the last 15 years.
I had no idea what to tell him. Just said I’m holding it as insurance, or until I can get something I want for it. But I also told him there’s nothing wrong with selling at a 700% profit.
I keep going back to what the billionaire David Bateman said about why he bought almost a billion dollars worth in the last six months. Because this is it, this is the great reset. If that’s the case, then these metals will be priceless.
silverngold and ferret
Perhaps in this chaos the NWO will try to insert the CBDC regime? Beyond that for sure we know there will be a blizzard of dollars produced at some point. Not looking forward to what is likely to come …
AU/AG ratio
57.24
!!
ipso, yes, the lack of trust will be infectious.
Gold is the obvious sequel. Whether they can shuffle bars around, selectively exhibit the same bars in different places to ‘prove’ they all exist or not will be critical. Maybe Fort Knox could lend them some – if they have any left.
How can you tell if a ton of copper is rehypothecated though? No serial marks. The reason it is so easy to rehypothecate is that it is so bulky which is why it is stored in warehouses. So firms would need to take delivery themselves and find somewhere to store it. Likewise pork bellies. So go long private warehouse space and large freezer rooms.
I can imagine it will not be a restful weekend for some executives and traders. What a shame.
{edit} I wonder what will happen if the lack of trust extends to crypto holders? After all, if you can’t trust Trust Wallet, what can you trust?
Is the end of the fiat system imminent?
Bill Holter
“People say if they can’t deliver, and I am going to tell you at some point they will not be able to deliver, when that moment happens, it’s game over for the entire financial system. Silver, and I believe it will be silver that fails to deliver, silver is the blasting cap to the gold nuclear bomb. When silver fails to deliver, then immediately there will be a pile into COMEX gold, and they will not be able to deliver the gold. Once that happens, you have failures of contracts that are proven fraudulent. They are zeroed out and cannot perform. Then it spreads to cattle, pork bellies, grains and you name it. This is not to mention the financials of stocks and bonds. Once you prove fraud in silver, that’s going to spread to all the derivatives, and we will have a derivative meltdown. . .. The world wants gold and silver because those are the only two monies that cannot default.”
Buygold @ 15:54 reChina’s higher Silver prices to break the west’s paper pricing mechanism.”
How about this idea. If people are buying Silver in the USA, and then selling it to China, the net result is they are accumulating our USA Silver. I noticed decades ago, most foreign countries just keep on taking things of value away from the USA.
Before 1971 they were cashing in US dollars that Americans spent overseas at $34 per ounce when it was worth $140/oz. After we cut the world off from taking our Gold, in 1971, they switched into taking our wealth creating tax paying manufacturing jobs.
They were replaced by wealth absorbing sales and service jobs and tax payer gov’t jobs and those STUPID wealth absorbing EPA jobs just to keep Americans working? Doing unnecessary work. It would have been cheaper to just give unemployed people the money they need and save money on all the material costs.
Even my son sold a few collectible cars that went overseas. Than God for Trump being born.
Lithium bonanza
40 million tons from 16 million years ago: a US mine puts China at a disadvantage https://share.google/
illuminatibot
@iluminatibot
·
Dec 24
NEW WORLD ORDER UN Agenda 2030 Mission Goals:
-ONE WORLD GOVERNMENT
-END OF NATIONS
-ONE WORLD ARMY
-ONE WORLD POLICE FORCE
-END OF FAMILY UNIT
-ONE WORLD CENTRAL BANK
-ONE WORLD CASHLESS CURRENCY
-END OF ALL PRIVATE PROPERTY
-WORLD DEPOPULATION AND FERTILITY CONTROL
-END OF HOME AND CAR OWNERSHIP
-MANDATORY MULTIPLE VACCINES YEARLY
-UNIVERSAL AUSTERITY INCOME
-SOCIAL MEDIA DIGITAL ID
-MICROCHIPPED FOR HEALTH, SHOPPING AND TRAVEL
-IMPLEMENTATION OF CHINESE SOCIAL CREDIT SYSTEM
-GOVERNMENT-RAISED CHILDREN
-ALL BUSINESSES RUN BY STATE
-END OF NON-ESSENTIAL AIR TRAVEL
-HUMANS CONCENTRATED INTO 15-MINUTE ZONES
-END OF PRIVATE FARMS AND VEGETABLE GARDENS
-END OF ANIMAL OWNERSHIP
-BAN ON ALL NATURAL MEDICINE
-AI COURTS AND END OF INDIVIDUAL RIGHTS
-LIMITED ACCESS TO WILD SPACES
-END OF FOSSIL FUELS AND MODERN CONVENIENCES
I think we can thank Trump for finally making this happen
Or who knows how much longer they’d drag the suppression of the metals out. China has been quietly been buying up all the metals and mines they could get for decades not calling attention to themselves or wanting prices going up while they’re buying as much as they could.
But now with further technology needing the metals to make their products at the same time Trumps economic plans and America first to bring jobs back home and stop giving our resources away was the straw the broke the choke hold by the paper traders on the metals and rare earths which is also linked to plans of future economic growth in these sectors that needs them.
Buygold 11:44, that’s harsh, very harsh!
Gold is the one that blazed the trail, fighting tooth and nail through all the doubters, paper contracts and trash talkers, so that the others can charge through with ease. Gold, a slacker? Shame on you! 🙂
re confiscation. I think the ETFs are a very good thing. One ETF alone ‘held’ 16,600 tons of silver as at 23/12/25. If governments need to grab stuff for strategic, or any other, reasons then why bother with mum and dad investors?
“new target $80 by new years eve?”
scratch that! …By 5:00 p.m…. ?
Ag shares vs AG
Just keep selling PM shares and buying AG, as long as the D/T holds…….Algo’s go home v happy…..but what happens when this turns….
FWIW – SLV
Traded 2.5 x’s average volume today. Hardly a thin trading day.
@Buygold
I agree 100%. Plus western bankers and or the Federal Reserve have been losing control. Long lived the king of holding metals down.
