[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 209 KB, 1000x668, 1612097325109.jpg [View same] [iqdb] [saucenao] [google]
27868256 No.27868256 [Reply] [Original]

Will silver bullion sell out again this weekend?

>> No.27868347
File: 696 KB, 888x1043, 1609903592887.png [View same] [iqdb] [saucenao] [google]
27868347

>>27868256
yes

>> No.27868379

>>27868256
I’m dumping my silver as fast as i can to buy eth.

>> No.27868589

>>27868256
Yes, if only because another covid gib me dates was passed to more fist being pumped into the system will spur Boomers and inflashionistas to it.

Not that I disagree with their move but I got a PM stack already and need to work on my crypto

>> No.27869367
File: 104 KB, 560x732, 1612053404532.jpg [View same] [iqdb] [saucenao] [google]
27869367

>>27868256
It's going to sell out every weekend from now until the US dollar collapses.

>> No.27870178
File: 675 KB, 2166x996, Screen Shot 2021-02-06 at 01.38.01.png [View same] [iqdb] [saucenao] [google]
27870178

Silver is primed to hit $1000 when the big short gets blown out of the water. There are currently 4 traders holding a $7bn short (increases by $300m for every dollar gain in the price of silver). Whoever they are they do have proven to have a lot of silver (which is running out). They dumped 100m ounces at market last weekend to suppress price. For context, consider that they are 300m ounces short and the yearly production of silver in 2020 was 1000m ounces. If the momentum stays strong it is a matter of weeks before these whales are forced to close their shorts which would send the price parabolic.

This is all public in the COT report, for anyone who can read. Silver is the move right now, this is a once in a lifetime opportunity, these shorts have been manipulating the market for decades

>> No.27871305
File: 464 KB, 2047x1951, 1568241655844.jpg [View same] [iqdb] [saucenao] [google]
27871305

>>27870178
I hope you are right.

>> No.27872165
File: 260 KB, 1193x486, 1612192799143.png [View same] [iqdb] [saucenao] [google]
27872165

This is what will happen. As soon as JPM realizes it cannot meet physical delivery, they will freeze the metals market and force the BIDEN administration to give them a bail out and then silver will soar.

The problem lies with other whales...Buffet supposedly has a large stash, so unless the public keep buying at record paces, I believe these whales have the silver of nation states for them to plunder and keep prices low for months.

If they can keep prices low for months at a time 3 to 4 months they think the plebs will lose interest and walkaway from silver. Right now any large orders of silver are most likely being met by using custodian metal assets. JPM is screwed if those countries ask to take custody of their metals...in which case you coup them...like burma maybe. Has a lot of silver bullion a byproduct of ruby and other mineral mines.

>> No.27873720

>>27870178
I really hope this happens. I've already lost hundreds on the current drop on silver stocks.

>> No.27874515

>>27873720
Cash out and get the actual boomer rocks now!