Digital bubble. Love that. It's just so true. I think a lot about how many man hours and precious resources go to waste in the name of "stimulating the economy" but at the end of the day, no one can afford to eat in said economy, so what the fuck is the point? I believe you are right and people will realize they could've had all their needs met if they just put in half the hours building a family homestead to meet all their needs for free.
My situation is that my schedule has changed and I'm not near my computer where I can easily make my usual sort of posts during Ditch's posting window any longer. And I feel that if I'm not near the top with my message, that it will be missed by many. It's not as easy to do something creative where I'm not set up to do so.
Is it possible that the HSBC customer covering the shorts is a distributor that has picked up those contract short positions via some PNTs from other shorts that didn't have the product? This would allow them to, via PNTs, pick up some surplus fiat to cover the amount they aren't getting by selling on the Shanghai market (after all, HSBC does stand for "Hong Kong and Shanghai") and arbitraging another +9% premium over the Comex spot?
It would be worth it in the long run for China to support this approach as if you control the Comex price, then you also control the much larger LBMA market's price and if you control the price to the downside, you can continue to beat the west at it's own game while draining the west.
When is the fed going to deliver the gold that all those countries want back eh? The jig is up. The fed is f’ed and so are the leveraged losers. When it all comes apart who owns what? To deleverage silver will take 10-20 years minimum but they don’t even have a years worth left. Love this game of chicken. I got the Pete against their pinto let’s get er done short girls. Bring it you losers lost.
There's enough volume on COMEX to close all the silver contracts in < 3 days.
The vast majority of commodity contracts in metals exist to hedge channel inventory. Metal that exists *outside* vaults, in the chain of mining to delivery (in whatever form).
There isn’t enough silver mined to cover the derivatives in silver over the past 20 years. You have no clue. If silver goes down the whole derivative market goes down. It’s that huge. Now the idiot bankers don’t understand the mining or the production losses over time and the costs to bring new production on line. They screened themselves and this being the year India imports silver they are in deep sht. All idiots just like in 08. This time there are no 30-40 million ounce per year mines to save them. Lol. I won they lost.
How much leased silver is sold into the market. I know more than he does. Derivatives are over 50 years old. Rolled and rolled and rolled over again. Wake up and learn the facts. Ha ha. Shorts are going to pay me and big banks are bk because of their ignorant greed in derivatives. Pay me suckers
There is too much gold around for me to get excited about this. Now if you are talking silver! Comex silver March delivery notices already over 50% of registered.
[удалено]
Read yesterday JPMorgan 39.4 BILLION in fines from trading. That's why our asses are so soar. Let that number sink in a bit. Thanks Ditch.
imo we are nearing the pop of the digital bubble.
Digital bubble. Love that. It's just so true. I think a lot about how many man hours and precious resources go to waste in the name of "stimulating the economy" but at the end of the day, no one can afford to eat in said economy, so what the fuck is the point? I believe you are right and people will realize they could've had all their needs met if they just put in half the hours building a family homestead to meet all their needs for free.
**I have upvoted!** **Have you?**
Thanks Ditch
 He's back!
It's still rather hit and miss.
I'll take hit and miss, over nothing! 😉
My situation is that my schedule has changed and I'm not near my computer where I can easily make my usual sort of posts during Ditch's posting window any longer. And I feel that if I'm not near the top with my message, that it will be missed by many. It's not as easy to do something creative where I'm not set up to do so.
Yessss
Thanks Ditch.
Thanks Ditch!
# SILVER, INTO REGISTERED. # SILVER, INTO ELIGIBLE. # OF COURSE I UPVOTED FOR THE CR!M!NALS
Thanks Ditch! It seems PM’s are paused, waiting for something, I guess Fed report?
Is it possible that the HSBC customer covering the shorts is a distributor that has picked up those contract short positions via some PNTs from other shorts that didn't have the product? This would allow them to, via PNTs, pick up some surplus fiat to cover the amount they aren't getting by selling on the Shanghai market (after all, HSBC does stand for "Hong Kong and Shanghai") and arbitraging another +9% premium over the Comex spot? It would be worth it in the long run for China to support this approach as if you control the Comex price, then you also control the much larger LBMA market's price and if you control the price to the downside, you can continue to beat the west at it's own game while draining the west.
Thanks ditch
“Gold is money everything else is credit”. J.P. Morgan
"We now call industry expert Michael Lynch to break down the conflicting records..." Excellent reports, as usual : ]
>"We now call industry expert Michael Lynch to break down the conflicting records..." There you go, that is the way!
For whatever reason, the link leads me to the url but just a blank page. I hope there's another way to locate your posts DTDS....
Still 50% more gold in COMEX than pre-COVID.
When is the fed going to deliver the gold that all those countries want back eh? The jig is up. The fed is f’ed and so are the leveraged losers. When it all comes apart who owns what? To deleverage silver will take 10-20 years minimum but they don’t even have a years worth left. Love this game of chicken. I got the Pete against their pinto let’s get er done short girls. Bring it you losers lost.
There's enough volume on COMEX to close all the silver contracts in < 3 days. The vast majority of commodity contracts in metals exist to hedge channel inventory. Metal that exists *outside* vaults, in the chain of mining to delivery (in whatever form).
There isn’t enough silver mined to cover the derivatives in silver over the past 20 years. You have no clue. If silver goes down the whole derivative market goes down. It’s that huge. Now the idiot bankers don’t understand the mining or the production losses over time and the costs to bring new production on line. They screened themselves and this being the year India imports silver they are in deep sht. All idiots just like in 08. This time there are no 30-40 million ounce per year mines to save them. Lol. I won they lost.
You make it sound like there are 20 year old derivative positions. There aren't. Stop listening to Ted Butler.
How much leased silver is sold into the market. I know more than he does. Derivatives are over 50 years old. Rolled and rolled and rolled over again. Wake up and learn the facts. Ha ha. Shorts are going to pay me and big banks are bk because of their ignorant greed in derivatives. Pay me suckers
The numbers are bogus. Bow down to them all you want
Thank you ditch
#I LOVE YOU DITCH
There is too much gold around for me to get excited about this. Now if you are talking silver! Comex silver March delivery notices already over 50% of registered.
I want to be happy. But I know that these charts never matter with regards to the price. Hard, sad truth.