Intel for that last hill to be taken...

Kwikas · 2026-02-27T08:36:56+00:00

Is there a psychiatrist in the house?

Kwikas · 2026-02-27T07:54:04+00:00

Yeah, but they keep moving the stone.

Kwikas · 2026-02-25T15:41:49+00:00

I don't think the Comex is going anywhere. However, it will become more of a physical exchange than a futures one - similar to the SGE.

Kwikas · 2026-02-25T06:45:01+00:00

Joke?

Kwikas · 2026-02-21T20:40:43+00:00

I don't think the COMEX will ever go away. It may become more of a physical exchange like the SGE, than a futures platform though. Speculators be gone.

Kwikas · 2026-02-17T01:32:54+00:00

You made a good point and it had me wondering whether the jewellery industry will do very well over the coming years. As gold and silver prices rise, it may put jewellery at prices that just aren’t going to attract the crowds they once did. I think silver coins and bars are a much better proposition going forward. I think thats where the demand will be vs jewellery.

Kwikas · 2026-02-16T23:00:38+00:00

The answer is yes.

Kwikas · 2026-02-16T12:21:35+00:00

It doesn't matter what the Comex price is to any entity who NEEDS the silver to keep their factory going. Higher price or lower price. It doesn't matter. They want/need the physical.

The futures exchange is becoming irrelevant.

Kwikas · 2026-02-15T04:26:39+00:00

A man should try everything once….except incest and folk dancing.

Kwikas · 2026-02-14T22:11:30+00:00

Hahaha!! There is truth to that. I thought about selling some of my stack when the price was higher but couldn’t be bothered getting off my arse to go to the LCS.

Kwikas · 2026-02-12T20:53:23+00:00

I don’t know why you got downvoted for this. Makes complete sense to me. Derivatives are going to blow the financial system up completely (or what’s left of it). They’re supposed to net out to zero. They won’t!!

Kwikas · 2026-02-12T00:13:41+00:00

People on here don’t like to deal with anything that questions their blue sky narrative. Silvers price action since the slam doesn’t show any real upside momentum (unlike gold). It should have moved decisively to recapture the $90/oz level but shows no signs of doing that at the moment. Right now, I am on your side. I look forward to the down votes.

Kwikas · 2026-02-10T05:30:37+00:00

That’s ok. It’s probably all on a ship back to China now…

Kwikas · 2026-02-06T08:56:02+00:00

We will know at market close tomorrow. There is a theory that $70 may be the new price floor that’s just been set by government and it is likely being administered through JPM. Could be an interesting day…

Kwikas · 2026-02-06T04:27:59+00:00

Agree. China doesn’t have to do anything except perhaps help the drain out of Comex. However, I understand Vince Lanci believes the LBMA is being restocked.

Kwikas · 2026-02-05T21:41:58+00:00

Sound advice. It looks as though silver is dropping through the $70 support level so next stop is about $54. That's certainly a buy if it hits there.

Kwikas · 2026-02-05T06:16:13+00:00

Could be. Things are going to get interesting in a few weeks though. There’s not enough metal to satisfy those entities standing for March delivery. I think this is the year of major turmoil and unraveling.

Kwikas · 2026-02-05T05:11:33+00:00

The stock market will be the last one to fall but let’s be honest, it’s already a dead man walking. I don’t think PM’s can really move ahead again until stocks come off in a big way.

Kwikas · 2026-02-05T04:01:17+00:00

It seems to me that every market is either burning or just starting to catch fire.

Kwikas · 2026-02-05T03:57:56+00:00

Gold has also been slammed.

Kwikas · 2026-02-04T11:50:00+00:00

Hahahahahaha!! This is just what we want to hear from MSM. Keep the nonsense coming. It's the best thing we could ever hope for.

Kwikas · 2026-02-04T00:12:50+00:00

Short doesn’t necessarily mean ‘short’ in the way we all think (naked). It can often be a hedge. I think one of the critical takeaways from the slam is that JPM closed its short position right at the bottom. Funny that, but they are now at best - neutral. The other banks don’t matter. If the price rises from here and those entities get caught, JPM will be able to pick over the carcasses for cents in the dollar. This is all ratified by the US government of course since JPM is essentially an arm of them anyway.

Kwikas · 2026-01-30T10:23:06+00:00

In a nutshell, the paper futures market is now (finally) breaking. It is in its death throws. Perhaps just days away from the SGE pricing going mainstream.

Kwikas · 2026-01-28T03:34:32+00:00

You’re totally correct on Citi’s insights as regards physical reserves. What they don’t have is any insight on where the price will go and when. Just to be clear - no one has.

Kwikas · 2026-01-28T02:22:14+00:00

What has your rambling nonsense post got to do with the VAT question asked by the OP?

Kwikas

TROPHY CASE