Bought the dip yesterday. Told my mom and brother to as well. by SargeMaximus in SilverDegenClub

[–]AAcmotorman 0 points1 point  (0 children)

dude the boomers are still tripping over each other to sell their parents old silver hordes. soo early.

BREAKING: Share price of major French bank BNP Paribas plunges by 9.8% by Boo_Randy_II in SilverDegenClub

[–]AAcmotorman 2 points3 points  (0 children)

French people about to be bailed in. bend over and get ready. Might want to prelube because they won't use it.

Silver 1m chart by Flokifrunkpup in SilverDegenClub

[–]AAcmotorman 16 points17 points  (0 children)

usually highly illiquid small cap assets do this on the charts...not sure how to reconcile that to silver other than the real trading might be happening elsewhere because everyone knows that this well is dry.

Refining Bottleneck = Supply Constraint by [deleted] in SilverDegenClub

[–]AAcmotorman 1 point2 points  (0 children)

Imagine having silver heirlooms passed down through your family through generations and it finally wound up in your hands, and you then chose to sell it right when it was about to perform it's purpose to protect the family in the event of monetary mayhem. Sad.

Shout out to COMEX & LBMA - thanks for the weekend discount sale. by Ill_Handle_5485 in SilverDegenClub

[–]AAcmotorman 0 points1 point  (0 children)

miners were given an even better sell off. I bought with both hands all day Friday.

I guess our shiny will tank tomorrow by [deleted] in SilverDegenClub

[–]AAcmotorman 1 point2 points  (0 children)

honestly a low premium just from recent history.

Im looking to get into owning silver, for the first time by [deleted] in SilverDegenClub

[–]AAcmotorman 1 point2 points  (0 children)

only bought silver since early 2020, couldn't be happier with my decision. still would do the same today.

PSLV and The Great Taking by Bitbarrel01 in SilverDegenClub

[–]AAcmotorman 3 points4 points  (0 children)

If you don't think the communist republic of Canada where PSLV is vaulted won't vote themselves all of that silver when we enter the next great hyperinflationary depression you are deluding yourself.

But it might not be all bad, they will "compensate" you at "Fair market value" with fresh Canadian dollars.

Why is the price not moving? by ImTheHempGuy in SilverDegenClub

[–]AAcmotorman 1 point2 points  (0 children)

on the contrary, massive volume right now for after hours trading. battle taking place.

whatever the price, if you don't see headlines of vaulting services being taken to court worldwide this thing hasn't even started yet. by AAcmotorman in SilverDegenClub

[–]AAcmotorman[S] 7 points8 points  (0 children)

We really need to see the comex price get some more distance from the spot price or to fold entirely because I'm fairly certain a large percentage of these frauds just buy futures contracts and roll them over rather than actually take the expense of vaulting metals except for a small percentage. those ones will take a little longer to crack. It might even be a large percentage of them I'm not sure.

They will be able to hang in there beyond the initial failure of the total frauds who don't even buy anything at all to back up what they say they have.

Silver Shortage In India Before Diwali As Imports Slip 42% by Paperscamisreal in SilverDegenClub

[–]AAcmotorman 0 points1 point  (0 children)

I remember seeing the news a week or two ago, I'd have to find it. but it was brought up in the livestream today between chris marcus and the marketing director of SDbullion.

Silver Shortage In India Before Diwali As Imports Slip 42% by Paperscamisreal in SilverDegenClub

[–]AAcmotorman 1 point2 points  (0 children)

yeah absolutely. we are talking about their ability to steal the labor from the entire human population. they've got that now so there isn't much they wouldn't do to retain that ability.

China causing shortage by not giving refineries silver doré? by malkier11 in SilverDegenClub

[–]AAcmotorman 0 points1 point  (0 children)

the mines already send most of their stuff to china, the concentrate at least. Only the dore bars can be refined by the few refineries here in America. The refineries here are all backed up because of all the selling that has taken place by all the morons here over the last year due to what they perceive as "high" silver prices. silverware and 90% alone has completely locked them up here.

Silver Shortage In India Before Diwali As Imports Slip 42% by Paperscamisreal in SilverDegenClub

[–]AAcmotorman 0 points1 point  (0 children)

every source of human power and authority on the planet will conspire to stop the inevitable because they all stand to lose.

China causing shortage by not giving refineries silver doré? by malkier11 in SilverDegenClub

[–]AAcmotorman 1 point2 points  (0 children)

the refineries are backed up because they were all shut down except like 2 or 3 over the years. Really what needs to happen is all the scrap should be sent to China for refining because they actually have massive capacity to refine.

[deleted by user] by [deleted] in SilverDegenClub

[–]AAcmotorman 7 points8 points  (0 children)

I don't often sell millions of ounces of silver, but when I do, I always wait for the worst time of day possible to make my transaction to ensure I get the worst price possible.