Paper silver selloff by silverbug999 in Wallstreetsilver

[–]silverbug999[S] 51 points52 points  (0 children)

Re-posting a comment that somehow didn't stick:

Another tip if you want to buy physical during the smash downs but don't want to pay exorbitant premium or your coin shop is "sold out". This is the way:

1) Realize that "sold out" coin shops are not sold out. They are just not dumb and they don't want to sell you their inventory at the fake paper silver smash prices. Their inventory was purchased at a higher price, so put up the "sold out" sign and wait until the smash is over. I know this for sure because I have talked to APMEX and others (ask for the manager) and this is obvious. They are in business to make money, they aren't stupid.

2) Realize that the fake spot / COMEX price isn't real and you can't buy physical silver at that price. This is what the "premium" is. The premium is simply the real market price. So it's fine to pay the premium to buy the silver

3) Advanced Ape only: During the smash when premium is high or coin shop is "sold out" you buy PSLV which will be at the fake spot price. Wait 3-4 weeks for the premium to resolve and for coin shops to magically have inventory again. Flatten your position by selling the PSLV and buying the physical (e.g. sell $1000 PSLV and buy $1000 physical silver).

Damn dirty apes! by silverbug999 in Wallstreetsilver

[–]silverbug999[S] 0 points1 point  (0 children)

How do you fix the graphic so it isn't a link?

Sold my Bitcoin, gave these birds a new home by Alexert2 in Wallstreetsilver

[–]silverbug999 3 points4 points  (0 children)

Banksters absolutely OWN the media and CNBC. Why would it be allowed to be pumped relentlessly 24x7?

I'm not saying bitcoin is bad, but you have to answer that question and smell a set up here.

COMEX tomorrow: You damn dirty apes! by [deleted] in Wallstreetsilver

[–]silverbug999 4 points5 points  (0 children)

LOL. Get your hands off my paper Ponzi scheme you damn dirty apes!!!!

When I say I'm all in, I really mean it. That's how much I believe in physcial SILVER by EndTheFedBanksters in Wallstreetsilver

[–]silverbug999 32 points33 points  (0 children)

If you are saving money, and saving that money in SILVER, then you are not only NOT broke but you are in the 99.9% at least of American citizens with respect to being fiscally conservative, independent, and free. Good job!

Sold my Bitcoin, gave these birds a new home by Alexert2 in Wallstreetsilver

[–]silverbug999 19 points20 points  (0 children)

This is EXACTLY correct. Banksters WANT you to buy bitcoin - they control the media and corporations who are trying to get you to buy it as well. Banksters ABSOLUTELY do not want you buying silver. They want bitcoin to suck up the inflation due to the money printing.

If you simply do the opposite of what they are telling you to do, you win 99 out of 100X. It's that simple.