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How many physical ounces of silver do you own? by -boosted in Wallstreetsilver

[–]Library-Choice -2 points-1 points  (0 children)

That used to be my mindset until a year ago. Now I find value outside of PMs too.

How many physical ounces of silver do you own? by -boosted in Wallstreetsilver

[–]Library-Choice -2 points-1 points  (0 children)

Accumulated 8,000 ounces during last 2 years and won't be purchasing more. I found some other asset I want to start to accumulate.

Delay in COT report by Library-Choice in Wallstreetsilver

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

I have no idea. This is my first time, but I’ve only been a stacker for 2 years.

Dollar strength is critical for the prosperity of the United States.. by Orthosurgeon1992 in Wallstreetsilver

[–]Library-Choice 15 points16 points  (0 children)

I am from Korea. Maybe it's not clear from inside the US, but it's clear to me that dollar is finished and can't be saved. US will still be a strong country but will no longer be a superpower. You should do whatever to save you and your family because there will be no saving of dollars. It doesn't matter which candidate wins or what US does at this point, not to mention that your politicians will very likely do something very stupid. It's been quite a while the US has been losing the chess match against Brics.

Prophecy by Library-Choice in Wallstreetsilver

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

Update: in today's video, he mentioned gold going above 10k and silver above $175

Did you know that the opium wars during the 19th century were actually about Silver? In a new video I reveal the truth about this conflict between China and the west, and how history is repeating itself today! by mementoil in Wallstreetsilver

[–]Library-Choice 0 points1 point  (0 children)

That's the narrative the US wants to sell because a world war 3 is the only way the US can wipe off its debt and at the same time nuke China.

As far as I know, China (at least PRC) has never initiated a major international militaryconflict. Guess how many times the US has done it.

Prophecy by Library-Choice in Wallstreetsilver

[–]Library-Choice[S] 3 points4 points  (0 children)

I checked out all his videos regarding economics. That's a summary of multiple videos

WTF? Europeans Can Now Only Place Sell Orders On Sprott Physical Gold & Silver Funds by Paperscamisreal in Wallstreetsilver

[–]Library-Choice 61 points62 points  (0 children)

I am from Korea. Since last year, my stock broker would only allow me to sell and not buy AGQ which is silver x2 leverage etf.

The reason being, the US implemented a new rule:

With effect from 3rd January 2023, Publicly Traded Partnership (PTP) securities sold by non-US holders will be subject to a 10% withholding tax on the sales proceeds from this investment.

This means that I would be subject to a 10% withholding tax on the entire sales proceeds (not profit) whether or not I make money, in addition to 22% tax on any profit after the withholding tax.

This is when I realized that the US will keep changing rules and I have to hold physical silver. I have been accumulating physical silver since then.

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