/biz/ - Business & Finance

>>56871939
There were just as many arguments against the idea that draining the registered stock wouldn't result in some eligible being shifted into registered. As someone who isn't silver cultist, even I know the motive behind the draining of registered, in that there's no guarantee that the owners of eligible were going to move their stock into registered. Alas that hasn't been the case because when registered dipped into the 20 million ounces, a fuck ton of silver from eligible would be put into registered to get its numbers back up again. People focus on registered because of all the fake silver derivatives suppressing the spot price. If there's no registered silver in the Comex, then the paper silver derivative scam is exposed because the silver doesn't exist in registered. Now shut your trap.

>>55205983
>I heard at the end of last year/start of this year that it was meant to have run out by may/june

That was the 'forecast' for just the registered silver. That doesn't account for the possibility of a slow down in buying, or the transfer of eligible into registered, which 10 million ounces of silver did transfer over.

>>54789855
Lots of people asking for physical delivery and the comex vaults are being emptied out.
I farted on a jew
Simple as

>>54645869
Beautiful, how hard is it to fold in the holder thingies? Did you have to constantly anneal as you worked it?>>54645882
What happens when bots are given bank accounts then start mass buying all the fine silver and then the vaults run out at an exponentially exponential rate. X^2^2

>>52660958
Buyers are wanting the silver delivered to them rather than owning paper derivatives, the trend is that COMEX will run out of available silver mid 2023.

>>52640833
>What will stop this?
Short fall of physical inventory. The paper game breaks when the metal runs out.

>>52396471
>If you're a PM stacker
I am, I'm a regular on /pmg/

>then just know the big media/online push into the silver COMEX squeeze is a *secondary distraction play* to keep people from FOMOing into GME.

That's not what is happening. I've been watching the derivatives manipulation for quite a while now and have gotten familiar with the tricks. The central banks are buying precious metals up in mass (specifically gold) and a Dutch central banker let it slip that their backup plan is to revalue gold. As of now the rough estimate for this revaluation will go from £1,500 per oz spot price today to around £10,000 per oz. Most people are not really in it for the profit, they just want to store their wealth outside the system as banking and stocks are effectively gambling with their counter party risk. For many people, gold is simply too much money for them so they go for silver, unless you're that billionaire from earlier this year who brought warehouses worth of American Silver Eagles.

>>52279327
People are buying Comex silver faster than it is being mined. When it becomes harder to buy due to a lack of it and a financial fiat systems collapse happens, the true value of silver will be discovered. Same goes for gold, especially if the central banks revalue it.

This is why people are dumping their fiat money and preserving their wealth in gold and silver at an unprecedented rate. Nobody trusts the banks, nobody trusts their fiat currency when governments are printing it into worthless paper value to fund their empire war against Russia and China. It's the return of real money and the graphs show how much time we have left to get the cheapies before you can't buy silver and the holders can charge massive premiums.

>>52219671
>Getting raped on premiums with those lad.
Don't care at this point. Silver is going to be unobtanium in a few months and the spot price isn't representative of the real market price. Also with derivatives suppressing the price of silver we have no real idea what silver is actually worth right now.