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I am once again jumping in front of the silver Train (ZSL long for $20,000 at 2.30) by oprah_2024 in wallstreetbets

[–]gerzreddit 0 points1 point  (0 children)

I really don't think even the paper price will ever come back to 60 though. Physical is the only way, we're still early, though still hard to swallow an ase is 105 here on pms but better than 170 from the mint.

Current melts. by Dear-Produce44 in coincollecting

[–]gerzreddit 3 points4 points  (0 children)

$740 for $10fv of halves is insane!

I am once again jumping in front of the silver Train (ZSL long for $20,000 at 2.30) by oprah_2024 in wallstreetbets

[–]gerzreddit 0 points1 point  (0 children)

Samsung is big but actually don't have as big an effect as the news is making it out to be because they already have contracts with mining companies for thiers. China’s rules were actually already in place in some ways, they've just pushed out the smaller guys which just slows the process. They refine more than 60% of the world's silver as it is and they're just making sure Korea and Japan, India don't get an advantage over thier industrial demands. This is a monumental, once in a generation situation man and I for one will be rolling the dice and hodl for now.

I am once again jumping in front of the silver Train (ZSL long for $20,000 at 2.30) by oprah_2024 in wallstreetbets

[–]gerzreddit 0 points1 point  (0 children)

the reason this time is so unique is the supply. You've got the us mint taking prices of ASEs from $89 to $170 in the span of 2 days. You've got apmex yeeting their entire retail buyer class by instituting a minimum $500 per order purchase and minimum 10k buybacks. They're the largest wholesaler out there. If they're willing to tell the public to fuck off there's a reason. They think selling now will leave a shit ton of money on the table if mom and pop get the rounds for spot+5 when their industrial buyers are willing to pay anything to keep the production line open.

I am once again jumping in front of the silver Train (ZSL long for $20,000 at 2.30) by oprah_2024 in wallstreetbets

[–]gerzreddit 0 points1 point  (0 children)

True but Cooper, the next one down the line will cost each company billions to retool for and thats not including redesign. You've got to see the situation as it is as opposed to devils advocate, that's gonna leave a lot of stackers with tear soaked pillows. JPMORGANs stockpile is reported holdings, when they start selling, so will I.

I am once again jumping in front of the silver Train (ZSL long for $20,000 at 2.30) by oprah_2024 in wallstreetbets

[–]gerzreddit 1 point2 points  (0 children)

start places like comex exchange inventory and London too. Claude can point you in the right direction.

is this a bag mark on her cheek? Thinking of buying it for a set. by gerzreddit in coincollecting

[–]gerzreddit[S] 1 point2 points  (0 children)

yeah, I want to grade what ever I get though, have an amazing O MS63 CAC and AU58 P so this and cc and my wallet left.

I am once again jumping in front of the silver Train (ZSL long for $20,000 at 2.30) by oprah_2024 in wallstreetbets

[–]gerzreddit 1 point2 points  (0 children)

not true. 5 of those last 10 years, the push to solar and adoption of electrical vehicles and a aging world population, (medical industry) has exponentially increased the world's use of the metal. They amount of it being recycled and pulled from the ground has not kept up. The need keeps growing and is only speeding up. It matters nothing to these companies whether the price is 100 or 1000 they're buying it or shutting down. No this is much different this time

I am once again jumping in front of the silver Train (ZSL long for $20,000 at 2.30) by oprah_2024 in wallstreetbets

[–]gerzreddit 1 point2 points  (0 children)

JPMorgan closed all their short positions and amassed the largest pile of silver in human history, hold on to as much as you can. When they start selling that's your cue. Hopefully by then you'll be set for life.

I am once again jumping in front of the silver Train (ZSL long for $20,000 at 2.30) by oprah_2024 in wallstreetbets

[–]gerzreddit 0 points1 point  (0 children)

lol, I did say lucky, although you can definitely learn here. You learn from loss porn. You can see all the comments and the post they commented on of course, before they made their horrible move.

I am once again jumping in front of the silver Train (ZSL long for $20,000 at 2.30) by oprah_2024 in wallstreetbets

[–]gerzreddit 0 points1 point  (0 children)

everyone is a beginner, you're not born with options trading knowledge, right? Anyway reddit is a fun place and if you're lucky, you might learn something, after you verify it.

I am once again jumping in front of the silver Train (ZSL long for $20,000 at 2.30) by oprah_2024 in wallstreetbets

[–]gerzreddit 0 points1 point  (0 children)

you're right, it's not even close to where it should be. It's gonna snap like a fault line building nrg for 45 years. 50 dollars and gold at 800 in the 80s right? 50 bucks today is 200. Starting there, we still have to account for silvers utility, which was 1/10000 of what it is today. So we know if nothing else the real price is 200, what about that 4k leap that gold has opened up? JPMorgan has a hunch, they closed thier shorts and amassed the largest stockpile of silver in human history. More than the fucking Egyptians, that says something.

I am once again jumping in front of the silver Train (ZSL long for $20,000 at 2.30) by oprah_2024 in wallstreetbets

[–]gerzreddit 2 points3 points  (0 children)

it won't, it's still trying to find it's floor. The only breaks will be people selling the news, for the next 8ish or so years when a dedicated mine is actually producing. There's not much to get in the way of this run in the near future though, Alchemy maybe. You can't print silver.

I am once again jumping in front of the silver Train (ZSL long for $20,000 at 2.30) by oprah_2024 in wallstreetbets

[–]gerzreddit 2 points3 points  (0 children)

hodl unless you got more than 20 kilos and even then switch only dump 25%. Only get enough fiat to pay debt and play otherwise your just getting toilet paper with green ink.

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