The most prestigious law school admissions discussion board in the world.
|
 |
 
|
🥈 Silvermos, why isn't silver mooning? 🥈
| free-loading sadistic mental disorder | 06/13/21 |
| Swashbuckling Turdskin Home | 06/13/21 |
| free-loading sadistic mental disorder | 06/13/21 |
| Wonderful poppy church building | 06/13/21 |
| deep gaping tank | 06/13/21 |
| aromatic sickened useless brakes | 06/13/21 |
| painfully honest shivering community account stage | 06/13/21 |
| deep gaping tank | 06/13/21 |
| Plum Circlehead | 06/13/21 |
Poast new message in this thread
Date: June 13th, 2021 6:16 PM Author: free-loading sadistic mental disorder ❔ (http://www.autoadmit.com/thread.php?thread_id=4856350&forum_id=2#42622160) |
Date: June 13th, 2021 6:17 PM Author: Swashbuckling Turdskin Home Seems like there are shortages at the current price. Reading about a lot of delays in sending out the physical silver. (http://www.autoadmit.com/thread.php?thread_id=4856350&forum_id=2#42622164) |
 |
Date: June 13th, 2021 6:20 PM Author: free-loading sadistic mental disorder I don't really know anything about silver beyond what a reasonably bright adult knows. Shouldn't silver already be mooning? (http://www.autoadmit.com/thread.php?thread_id=4856350&forum_id=2#42622177) |
|
Date: June 13th, 2021 6:26 PM Author: Wonderful poppy church building I went to a “WE BUY GOLD! WE BUY SILVER!” today bc I needed *cough cough* cash that the wife doesn’t know about.
I went with these four items:
Not flame those EXACT items. I was offered $60. Silver is flame. The guy even took out his book and showed me the weight/payment for the industry. Silver is flame. |
|
Date: June 13th, 2021 7:29 PM Author: deep gaping tank central banks manipulate the price of gold down to maintain their debt-based fiat ponzi scheme. normally when a fiat currency prints too much gold rises as an "alarm bell". TPTB figured out that using paper futures trading markets they can print unlimited money to crush the gold price. this is still pretty hard to do because central banks around the world, esp russia and china, are constantly buying gold for reserves
gold and silver are tethered to eachother. the silver market is a tiny pink one compared to gold by market cap. so it's much easier than gold to manipulate the price. so central banks use the COMEX and LBMA to short silver at a 50 (paper) to 1 (physical) ratio. this has kept the price low for a long time, which has caused it to become a "widowmaker" trade similar to how bond vigilantes got pwned during the last 30 years.
the key is that if people call their bluff and take physical delivery of silver, eventually they will run out and the price manipulation scheme will completely collapse. people buying retail silver helps achieve this because it drives up premiums and creates an arbitrage opp where people can buy silver @ $28 on comex, refine it, then sell it for $35+ to retail |
|
Date: June 13th, 2021 7:30 PM Author: aromatic sickened useless brakes (http://www.autoadmit.com/thread.php?thread_id=4856350&forum_id=2#42622432) |
|
Date: June 13th, 2021 7:31 PM Author: painfully honest shivering community account stage Amen. The data point to watch in all this is not the absolute price of silver, but rather the spread between paper and physical.
Also keeping a close eye on foreign central bank gold adds. |
|
Date: June 13th, 2021 7:42 PM Author: deep gaping tank china recently announced they are letting banks import gold. china's official reserve numbers have been flat for years, suggesting that they have massively been adding stealthmode
russia is divesting all dollars from its sovereign wealth fund. admittedly a small number but speaks to more and more countries getting rid of trash dollars for gold. russia now has enough declared gold to back their currency using traditional ratios
the real deathblow will be (1) moving away from SWIFT soon and (2) continued move away from petrodollar |
|
Date: June 13th, 2021 7:31 PM Author: Plum Circlehead it's because silver bulls are mostly painfully dumb pieces of shit who don't understand that fiat USD is the place to be right now. (http://www.autoadmit.com/thread.php?thread_id=4856350&forum_id=2#42622443) |