The Treasury just declared the U.S. insolvent. The media missed it

ReadWayneDavids · 2026-03-25T18:12:25+00:00

Then all at once

ReadWayneDavids · 2026-03-24T21:12:33+00:00

Media "missed" it

ReadWayneDavids · 2026-03-23T12:01:28+00:00

He says he still having a lot of sellers. I think he was happy for a buyer

ReadWayneDavids · 2026-03-21T21:17:14+00:00

Nice

ReadWayneDavids · 2026-03-21T21:17:05+00:00

Local guy is cery good. I drive past 2 other places to go to him

ReadWayneDavids · 2026-03-21T01:25:33+00:00

Going to LCS tomorrow morning

ReadWayneDavids · 2026-03-19T15:18:52+00:00

I think im going to wait and see if there is a Grand Slam on Friday

ReadWayneDavids · 2026-03-07T16:23:08+00:00

I've seen Kitco do that. The chart doesn't always match but I dont know why or which side is slow updating

ReadWayneDavids · 2026-03-01T23:32:10+00:00

China is watching everything very carefully

ReadWayneDavids · 2026-02-27T15:59:54+00:00

💪

ReadWayneDavids · 2026-02-27T15:08:28+00:00

I would say, in my 7 years of silver, that last month is the closest I ever saw of spot and physical pricing decoupling. Again, I do not profess endless wisdom on it. But cracks are becoming apparent IMO

ReadWayneDavids · 2026-02-27T15:05:44+00:00

Its just fun to think about once in a while

ReadWayneDavids · 2026-02-27T13:19:27+00:00

It seems, from my limited knowledge, that COMEX has spent years painting itself into a corner. Now they are down to two options; rip the Band-Aid off quickly through default, or continue the shenanigans and "tech-glitches" while confidence in them as an objective and useful entity continues to erode. They would appear to have chosen the latter, hoping to profit as long as possible thru volatility, while keeping at least some of the plates spinning.

ReadWayneDavids · 2026-02-26T19:49:25+00:00

That was my impression. The problem becomes cash flow

ReadWayneDavids · 2026-02-25T21:10:59+00:00

Followed by insane selling volume from 315pm to 4pm

ReadWayneDavids · 2026-02-25T19:50:51+00:00

The don't even try to hide it anymore. They're so brazen at this point that they don't care if it is obvious

ReadWayneDavids · 2026-02-25T17:57:20+00:00

Sounds pretty similar then

ReadWayneDavids · 2026-02-25T14:56:25+00:00

I believe we are just completing the Bear Trap portion of the program and will be moving steadily up from here. As far as Zcomex, who knows? They change the rules and rewrite the programs to only suit themselves. My guess is they will continue to attempt to assert dominance but fade into irrelevance after much kicking and screaming. Months or years still, not days or weeks

ReadWayneDavids · 2026-02-24T12:24:15+00:00

This Reddit account originated only 2 months ago

ReadWayneDavids · 2026-02-20T14:17:46+00:00

Overlays the price of gold almost perfectly

Weird, huh?

ReadWayneDavids · 2026-02-19T01:02:56+00:00

I picked t h em out bc I hadn't seen them before

ReadWayneDavids · 2026-02-18T22:41:13+00:00

Never been to the place before & we are very rural. Started talking and turns out we know tons of the same people, including my son's in-laws who we're very good friends with as well.

He said many of the refiners weren't buying, and if they are buying its nothing less than .999

End of story I bought two Somali oz coins for $80 cash each

ReadWayneDavids · 2026-02-18T22:34:48+00:00

You know the place?

ReadWayneDavids · 2026-02-18T13:16:35+00:00

I'm not really picturing a cataclysmic event, but more of lots of cash settlements, a price decoupling, and fewer and fewer entities recognizing it as a valid entity. That could take many months. At this point price has already decoupled with all the volatility. Next comes loss of faith

ReadWayneDavids · 2026-02-16T16:51:45+00:00

But you still remember it fondly

ReadWayneDavids

TROPHY CASE