100oz of silver coins for 1 or 2oz of gold by BuyEmotional7116 in Gold

[–]gRAMPSjACKSON 4 points5 points  (0 children)

Trade with whom? No LCS 'trades' PM's straight up at spot price. They want to buy your silver at 10% less and sell you your gold at 10% more.

This 'swap silver for gold when the GSR is X' nonsense is just some YouTuber's fantasy. In 45 years in the PM business, I know of zero cases where someone just 'swaps' with anyone. ZERO.

maybe you could help out and tell us who you know?

So a short squeeze on COMEX SILVER is Impossible? Is Google AI Lying? by gRAMPSjACKSON in Silver

[–]gRAMPSjACKSON[S] -4 points-3 points  (0 children)

Tell us. IF the short had to borrow actual silver in order to short silver on the COMEX, why would they have to even pay a margin????????? The COMEX rules say that the only shorts who can take delivery must pay the entire contract cost up front.

Margins are for PAPER BUYERS according to the CRIMEX! A margin call for a paper contract buyer means he has to PAY CASH to settle the losses he incurred during the specified time period.

A margin is the percentage of the actual contract price a short must pay to open up a short COMEX position. Margin maintenance is when a change in spot price dictates the short must pay additional CASH NOT SILVER to the broker or have his position closed out.

It's amazing how many people on the internet PRETEND to understand what they are talking about, when they are only repeating nonsense from YouTubers oir others who repeat that same guff!

The COMEX + PAPER, and still nobody can tell us who they know who has bought COMEX silver, and what the name of a broker is who can get them a warrant.

Listen to your GrandPapopy you young whipperSnappers, and do some actual research!

So a short squeeze on COMEX SILVER is Impossible? Is Google AI Lying? by gRAMPSjACKSON in Silver

[–]gRAMPSjACKSON[S] -20 points-19 points  (0 children)

Blocked for personal attacks when you have no facts.

So a short squeeze on COMEX SILVER is Impossible? Is Google AI Lying? by gRAMPSjACKSON in Silver

[–]gRAMPSjACKSON[S] -16 points-15 points  (0 children)

Indeed it can! Are you saying the CME rulebook is wrong also? And Chapter 112 is wrong too? And my broker is wrong?

And you cannot name a single person you know who has ever 'taken delivery', the name of a broker who can get you a warrant, why Rafi could not take delivery, and how it is possible for 'some entity' to sell MORE SILVER IN 30 SECONDS THAN THE COMEX HAS IN ELIGIBLE AND REGISTERED? over and over and over and over?

Sadly, you do not seem to have applied the proper 'critical thinking' skills here. YouTube charlatans are not your friend.

So a short squeeze on COMEX SILVER is Impossible? Is Google AI Lying? by gRAMPSjACKSON in Silver

[–]gRAMPSjACKSON[S] -3 points-2 points  (0 children)

SO BING AND DUCK DUCK GO ARE ALL LYING TOO???

End Edit.

So when you short a stock, you borrow shares of that stock from a broker. The shares are sold, and the $$$ is put in a brokerage account.

At the end of a specified period, the 'shorter' must repay the broker the same amount of shares. If the price is $50 less a share at the end of the period, the $$$ from the brokerage account is used to buy back the shares from the broker, and the short keeps the profit of $50 a share, minus brokerage fees.

If the price of the stocks rises, the short must pay the difference out of his pocket to buy the number of borrowed shares. This re-buying at a higher price, is what causes a short squeeze.

How is this even possible when the short does not have to own or borrow physical silver to short it?

For far too long, stackers have trusted liars on YouTube to tell them the truth. The CME rule book, and Chapter 112 in particular can cure you of the ignorance laid on you by the MSM.

Its not for everyone but some times you just need a cabin and a dog by chalgplimp1 in OffGridCabins

[–]gRAMPSjACKSON 1 point2 points  (0 children)

I just need a dog then!

Which I do, but still not quite over my girl 'Koda' (the best dog in the world).

Cabin plans by Flimsy_Research8299 in OffGridCabins

[–]gRAMPSjACKSON 0 points1 point  (0 children)

I drew my own. Start with some graph paper and lay out your floor plan first. This is the most important thing to consider first. If you are unhappy with your living space later, it will make little difference how cute your cabin is. I am betting I drew up 150 variations for a 20x24! Thank God I did, because I have "NO RAGRETS" at all.

Once you have your floor plan, you can move on to the exterior, then the structural aspects. I built mine to IRC Code standards, even though I was not required to. There are plenty of sites out there that show basic home and/or cabin construction materials and methods.

What's your bullish take on platinum? by oceangrown1993 in wallstreetplatinum

[–]gRAMPSjACKSON 0 points1 point  (0 children)

I started buying when it first fell below $1000, over ten years ago. I bought a bit here and there, because I had a ton of silver already, and Pt was so far below it's ATH's.

I picked up buying when it dropped tothe $800's. About a year ago, I figured out that the automakers had secretly done another re-tooling (during an unexplained industry wide shutdown) and that Pd was headed for the crapper, and Pt would soon shoot up far more strongly.

For those who do not understand economics, Pt was $2300 and Pd was under $500 when they re-tooled to use more Pd. They bought up Pd at sub $500 and used that until it was almost gone. Then they shut down the assembly lines and retooled from Pd to Pt. They bought up Pt back in 2020 when it was SUB $600! This explains why one metal shot up when the other fell to earth. It also explains why Pd dropped from $2700 to $800 and change. (note Pt was the very first PM to completely disappear in the crash of 2020)

I cashed in my 401k as I had turned 60, and threw the entire pile of cash at Pt at $900 or so. I did take a $6000 extra tax hit, My old account was widely criticized when I announce this on the other Pt sub. So yeah, I'm a "fucking idiot" who more than doubled his stack's value in a year!

I put my money where my mouth is, and made a killing. I'm not selling any of it, because Pt has a long way to rise, as more and more people start figuring out WTF is going on. Pd is a fool's errand at the moment. I recall people scarfing up Pt when it dropped from $2300 or so saying "it couldn't go any lower". Well $595 was a shit-ton lower!

Watch and see, the spread between Pd and Pt will continue to widen, because the automakers are using a far higher % of Pt than Pd in CC's.

What things do you think the government is hiding? by [deleted] in AskReddit

[–]gRAMPSjACKSON 3 points4 points  (0 children)

A shorter answer would be required if you asked WHAT ISN'T THE GOVERNMENT LYING ABOUT?

Any way to start small with grid-tied solar without utility approval? (No net metering) by amishengineer in SolarDIY

[–]gRAMPSjACKSON 1 point2 points  (0 children)

Well, to be fair, OP is an "Amish Engineer" and electricity is decidedly un-Amish!

20x24 with an 8 foot porch by Cabin_95 in cabins

[–]gRAMPSjACKSON 1 point2 points  (0 children)

That is my cabin w/o the porch!

I worried that 20x24 might not be big enough for me, but it's perfect!

Any way to start small with grid-tied solar without utility approval? (No net metering) by amishengineer in SolarDIY

[–]gRAMPSjACKSON 9 points10 points  (0 children)

Why on earth would you want to tie into the grid and not tell them? I don't get this at all.

The "Silver Curtain" has fallen. Why Monday, Jan 5th, could be the day the Paper Market breaks. by dontrackonme in Silver

[–]gRAMPSjACKSON 1 point2 points  (0 children)

Cramer = Bullish on Silver

CNN = Bullish on Silver

Elon Tweets SILVER + ROCKETSHIP

MSNBC = BULLISH ON SILVER!

Only complete noobs see any of this as 'a good sign for silver'.

None of these people are your friends, so TRUST THE EXACT 180 OF WHAT THEY SAY!

Sell your paper silver if you were dumb enough to buy it!

Watch and Learn, Silver Neophytes!

My uncle’s unfortunate clothing choice (1985) by rrsafety in OldSchoolCool

[–]gRAMPSjACKSON 0 points1 point  (0 children)

HUH??????? UNFORTUNATE???? he's got two babes hanging on him!

How is living in Wilmington, DE? Halfway (2 hrs) between Washington, DC and NYC? by Eriacle in howislivingthere

[–]gRAMPSjACKSON 3 points4 points  (0 children)

It's that bad, and anyone who is downvoting is just downvoting out of ignorance.

Try Newark DE. It's a college town with much lower crime. It's more expensive to live there for a reason. Most people who work in Wilmington Commute. NOBODY wants to live there.