/biz/ - Business & Finance

>>29062159
Perth Mint is literally out of stock. THE PERTH MINT. So are many dealers. COMEX deliveries are potentially 400 MILLION OUNCES, that's 170 days of production.

Ed Steer yesterday https://www.youtube.com/watch?v=wtxr_yXDXTo&ab_channel=PalisadesGoldRadio

CME data:

"80,782 contracts = 403,910,000 ounces of physical silver potentially standing for delivery on the March 2021 contracts .. next 6 trading days are going to show who rolls over or smashes out, though massive amounts should still be standing for delivery"

https://www.cmegroup.com/trading/metals/precious/silver_quotes_volume_voi.html#tradeDate=20210216

>>28952419
/r/Wallstreetsilver has 27 thousand subscribers, Perth mint is literally out of stock, most dealers are literally out of stock, even 1000 oz bars can't be sourced any more by Scottsdale Mint, SLV just changed its prospectus to admit that they don't have enough silver and might default now, silversqueeze is viral on Twitter. It's really happening this time. COMEX deliveries coming within a few weeks.

>>28948472
Perth mint is literally out of stock, all silver 1/2 oz coin, 1oz coin, 2oz coin, 10oz cast, 1kg cast products. So are most dealers.

>manipulated
At least you admit that silver is going to $5000 an ounce once the manipulation breaks. Which is happening now. Delivery dates soon.

>>28947621
This is insane...

I have a perthmint allocated account, where they store your gold/silver in their vaults and there is a government guarantee (whatever thats worth)

there is typically so much silver available to buy at any given time you can scroll through the stock of 100oz bars etc for 15 minutes without coming the end... but now? pic related.