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File: 93 KB, 1008x843, Screenshot 2021-02-05 093455.jpg [View same] [iqdb] [saucenao] [google]
27815311 No.27815311 [Reply] [Original]

Why is silver inventories completely obliterated at major banks yet price of &SLV is dropping?

>> No.27815348

>>27815311
because its manipulated

>> No.27815418

>>27815311
Because it has industrial uses and therefore price must be kept low

>> No.27815453

>>27815348
/thread lol

>> No.27815648
File: 299 KB, 1080x1175, jesusAg1612508500655.jpg [View same] [iqdb] [saucenao] [google]
27815648

>>27815311
because bullion stores have to wait until mints can process and ship enough 1000 oz bars into coins and smaller bars. Mints have limited capacity, and shipping heavy shit in a way that makes economic sense takes time.

>> No.27815814
File: 576 KB, 868x1121, file.png [View same] [iqdb] [saucenao] [google]
27815814

>>27815311
your £50 an ounce silver sir

>> No.27815822
File: 391 KB, 1750x745, silverbullet.png [View same] [iqdb] [saucenao] [google]
27815822

>>27815311

Six silver redpills

1/6, "The Silver Bullet"

>> No.27815877
File: 1.35 MB, 1166x2600, silvershorts.png [View same] [iqdb] [saucenao] [google]
27815877

>>27815822

2/6, "How short are the bullion banks?"

>> No.27815906
File: 269 KB, 455x460, jesusAg1612481432529.png [View same] [iqdb] [saucenao] [google]
27815906

>>27815311
as it is, coins/bars are a tiny part of the silver market, they don't move global silver prices much.

What we need is a lot of people who regularly buy small amounts of silver, not retards who suddenly throw all their money at silver dealers to buy at 50% premiums and commit suicide when $SLV doesn't moon.

>> No.27815942
File: 723 KB, 1660x2400, newcomerssilver.png [View same] [iqdb] [saucenao] [google]
27815942

>>27815822
>>27815877

3/6, "Information for newcomers to silver"

>> No.27816046
File: 277 KB, 1800x1211, wsbsilver.png [View same] [iqdb] [saucenao] [google]
27816046

>>27815822
>>27815942

4/6, "Wall Street Bets and silver"

>> No.27816118

>>27815814
wtf is this pounds or euro?

>> No.27816120
File: 1.88 MB, 4000x2047, notslv.png [View same] [iqdb] [saucenao] [google]
27816120

>>27815822
>>27816046

5/6, "PSLV, not SLV"

>> No.27816201
File: 1.15 MB, 3335x4100, silversqueeze4feb.png [View same] [iqdb] [saucenao] [google]
27816201

>>27815822
>>27816120

6/6, "The silver squeeze: update, 4th February 2021

-

I also recommend the following links:

Craig Hemke, "A Silver Squeeze Primer"

https://www.tfmetalsreport.com/podcast/10668/silver-squeeze-primer

Ted Butler: "Crushing the Silver Short Positions"

https://www.youtube.com/watch?v=e3sJmET13Lg&ab_channel=PalisadesGoldRadio

"Break the COMEX -- demand physical delivery"

https://www.youtube.com/watch?v=F66nR9xJsW0&t=0s&ab_channel=BrotherHunt

"Why the silver longs, and Eric Sprott, can defeat the silver shorts – an education in 4D chess"

https://renaissancemen.org/2021/02/02/why-the-silver-longs-and-eric-sprott-can-defeat-the-silver-shorts-an-education-in-4d-chess/

Garry Allen, "Hunt for Silver"

https://s3.amazonaws.com/camppictures/CampArchive/Economy/Hunt%20For%20Silver.pdf

>> No.27816232
File: 43 KB, 640x523, Silver-Price-Chart2015.jpg [View same] [iqdb] [saucenao] [google]
27816232

buying tons of silver with high premiums isn't gonna do much to the market price. You're just making silver dealers rich.

Look at this graph from 2015, when premiums rose because people were buying silver coins like mad, much like now. Then look at the silver price over the last ten years, and notice how nothing remarkable at all happened to the silver price in 2015.

Retail coins and bars are a small part of the demand for silver, they cannot move the needle over night even when demand triples. You just get higher premiums, because the mints aren't fast enough. Now when the electronics industry for example needs more silver than can be mined, THEN we can talk about the silver price rising and Comex defaulting. Also consistent buying over a long time period by a large number of people will make the mint infrastructure grow and slowly influence the price.

If you're gonna buy at these premiums, just buy enough so you won't kys on the off chance it moons, but not so much that you'll get angry if prices go down by 50%. Look at it like a lottery ticket rather than a serious investment.

When the mints have caught up, bullion dealers have restocked and premiums are down again, then you can buy some more, and get much more silver for your money.

>> No.27816371
File: 869 KB, 1944x2592, 00100lrPORTRAIT_00100_BURST20210205164712154_COVER.jpg [View same] [iqdb] [saucenao] [google]
27816371

>>27815311
anon have you been paying attention? Make sure you read the based anons post with 6 images, i saw that in the thread earlier and summarizes years of research pretty succinctly.

>how based is picrel, bought 100oz this week

>> No.27816560
File: 290 KB, 1315x820, moon.jpg [View same] [iqdb] [saucenao] [google]
27816560

>>27816232

>buying tons of silver with high premiums isn't gonna do much to the market price.

It is if there's a mass movement. 2015 isn't the same as 2021. First of all, more information about fiat-currency debasement and market manipulation. But more than that, people are absolutely furious with this tyrannical system and completely ready to burn it down. There was not enough of a mass movement to squeeze silver in 2015. There is enough momentum to do it now. People know that they have one of two choices, buy silver and crash the banks or be a slave to the Great Reset. There is nothing to distract people from silver either. Stocks and houses are historically overvalued, bonds are negatively-yielding; where else are they going to put their money now? The Everything Bubble is inflated to its maximum real extent. Clearing away the bullion-dealers' smaller bars and coins will cause the larger 1000-ounce bars to get melted down. If people keep up the buying-pressure, the COMEX _will_ default.

>When the mints have caught up, bullion dealers have restocked and premiums are down again

Best thing for people who don't want to pay premiums is to buy allocated bullion instead, like PSLV. >>27816201 We still need to keep up the pressure.

>> No.27816574

unironically buying more silver with my next paycheck, bump

>> No.27816643
File: 123 KB, 1080x1080, 1c2f718.jpg [View same] [iqdb] [saucenao] [google]
27816643

Buy Steel stocks... not SLV ETF iShares Jesus

Buy $CLF under 25

https://stocktwits.com/symbol/CLF

$CLF
02/04/2021
>"New orders for manufactured goods in December, up eight consecutive months, increased $5.2 billion or 1.1 percent to $493.5 billion, the U.S. Census Bureau reported today."

https://www.census.gov/manufacturing/m3/prel/pdf/s-i-o.pdf

--------------------

$CLF
02/04/2021
>"US trade court dismisses challenge to Section 232 steel tariff"

https://agmetalminer.com/2021/02/04/this-morning-in-metals-us-trade-court-dismisses-challenge-to-section-232-steel-tariff/

>> No.27816931

>>27815814
I refuse to believe that this is real.

>> No.27816953

>>27816118
pounds. How do you post on a board about finance and don't know how a Pound sign looks like?

>> No.27817144

>>27815311
because most silver is not sold retail, its sold to industry. and less than 1% of silver has been mined, yet the supply increases faster than demand. imagine investing in boomer rocks in 2021 when you have literally thousands of better investments at your fingertips.

>> No.27817936
File: 143 KB, 1000x493, silver price 20 year.png [View same] [iqdb] [saucenao] [google]
27817936

>>27817144
>yet the supply increases faster than demand
Please explain why the price has not steadily decreased, if this were the case. In your explanation, please account for the cost of a mined ounce of silver being ~$10.

https://www.americanbullion.com/what-is-the-current-cost-to-produce-an-ounce-of-silver-today/

https://archive.is/yk92h

>> No.27817972

>>27816120
There is no "PSLV" on Robinhood. Why?

>> No.27818414

>>27817972

Delisted. They don't want people to own real silver. They also restricted buying AG, which is a mining company which refuses to supply the COMEX.

>> No.27818540
File: 31 KB, 995x604, boomer broker.png [View same] [iqdb] [saucenao] [google]
27818540

>>27817972
It's a sign you need to get a real broker. No offense but the places like Robbin' Goys are shit. Best case is that they're woefully undercapitalized and have shitty corporate communications, worst case is that they are pure agents of their owners looking to fuck you over at an inopportune time.

>> No.27819117

>>27815311
>Is silver manipulated?
lol no
ths is skizo tier
the industrial demand wont be that high to justify price x3

>> No.27819226

>>27815311
literally do the opposite of the popular call and youll win more than you lose

>> No.27819353

>>27819117
>1pptid
>ignores all posts in thread
>"lol, skizo"
What did the shill mean by this?

>> No.27820140

>>27816953
He's probably an American.

>> No.27821121

>>27819353
>What did the shill mean by this?
silver shills are skizo

>> No.27821689

>>27821121
Silver shills post information, you post unpunctuated insults. Curious.

>> No.27822036

>>27816931
https://www.bullionbypost.co.uk/silver-coins/britannia-silver-ounce/

>> No.27822364
File: 25 KB, 884x571, uploads_1576698551538-image003.png [View same] [iqdb] [saucenao] [google]
27822364

>>27815418
this. Just wait till 2030 and europoors require every new car sold to be electric.

>> No.27823201

>>27819117

Industrial demand is inelastic. The monetary demand is what will drive up the price of silver, because there's little to go around to meet that demand. >>27815942

>> No.27823703

>>27815822
>>27815877
>>27815942
>>27816046
>>27816120
>>27816201
Good stuff

>> No.27825457

>>27822036
Bloody hell.