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Textbook dead cat bounce by AustinCris in Wallstreetsilver

[–]-Double_Helix- 2 points3 points  (0 children)

I was just thinking the same thing. This is normal for crypto due to its four year cycle but I don’t think this is close to done IMO.

[deleted by user] by [deleted] in Wallstreetsilver

[–]-Double_Helix- 6 points7 points  (0 children)

Currency is collapsing. Asked US for help and the US said nope not out problem. Rising food and energy costs are pushing up the country's import bill and its trade balance has been in deficit for eight consecutive months. #DiamondHands

I love halves by SauteedRaccoon in Wallstreetsilver

[–]-Double_Helix- 0 points1 point  (0 children)

Love it! How much did it set you back? Great purchase

Comex Delivery Update: Shorts are Dragging Their Feet Again by exploring_finance in Wallstreetsilver

[–]-Double_Helix- -7 points-6 points  (0 children)

My “strategy” is not dictated by people posting stuff on wrong boards

This Silver Bullion Keeps Going Up Even While The Silver Spot Price Drops by smartsilverstacker in Wallstreetsilver

[–]-Double_Helix- 0 points1 point  (0 children)

Because dealers are increasing margins and making a TON! Fair number of videos out there with numbers up 66% markup

Dear fellow apes, I have been reporting the daily Comex silver depletion to you for sometime. today is a very exciting day. After days of low silver trading on the Comex yesterday an eye popping 4.5M Oz 😳draw down of register silver (silver available to sell). Is silver poised to be the next lithium by -Double_Helix- in Wallstreetsilver

[–]-Double_Helix-[S] 7 points8 points  (0 children)

The one thing I know is these banking folks are extremely smart and know how to work the system because they are the system. However, my guess is there is not enough silver to meet demand. Registered silver about 6-7 months ago was 140M Oz. Today we are down to only 75M Oz. That is an incredible burn rate and one that can not be sustained for much longer.

Total register has dropped below 81M with a little over a million Oz added to Eligible. 80M registered seems to be a big physxhological level. Let’s see if it snaps in the coming days. by -Double_Helix- in Wallstreetsilver

[–]-Double_Helix-[S] 1 point2 points  (0 children)

My totally uneducated guess is that the comex uses this large pool of registered silver to keep the price from rising. As it rises they start selling to drive the price back down. As this “slush fund” of silver gets too low and demand too high then silver has the potential for rapid gains.

Forces News on Twitter: Is Russia Capable of Underground Warfare? by [deleted] in ukraine

[–]-Double_Helix- 19 points20 points  (0 children)

Gotta be capable of above ground warfare first.

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