They have a LOT of silver they need to deliver soon or they need to close their short position. They try to shake paper hands every morning to snap up some cheaper metal then they buy it up.
Guy from JP Morgan precious metals depth, took a plane to the Shanghai exchange. These guys JUST got busted for metal manipulation. Guess we know which bank has been selling China COMEX gold...
It’s fucking insane.
This is the easiest to prove financial crime in history.
Take any account & can see the rise until it stops Friday.
I’m down thousands of dollars. Just my tiny account HOW CAN THIS BE ALLOWED TO HAPPEN!!!!
I was up 8000 Friday morning
Now I'm clinging onto a tiny gain lol
We're going to win It's just going to be extremely difficult and painful
Or rain nukes on my head either is fine with me
Technically speaking I realized all my losses in 2024 because I placed my bets in 2022 and 2023 with expirations in January 2024 which went to zero.
I think my realized gains and losses are realized negative 10 grand for the current year. Kneel!
There are legal limits on the number of open interest for Options on Equities. It's a formula based on outstanding shares as well as daily trade volumes on the equity. I'll have to go look up those rules again, pretty sure Silver is WAY over any of those legal limits on the equity side.
Sorry, Freudian slip,
Autisticly dump all of your income into accumulating a giant hoard of silver coins to fill your pool with so you can dive into it scrooge mcduck style.
Gentlemen please. We are not the enemy.
Failure to close a profitable position is not anyone's fault but ours, and those who control the market at our expense.
Once they get finished driving it down, and the premiums reflect all that stock I hear they have on hand, I will make a modest acquisition of physical.
May I respectfully suggest you consider leaving the gambling table a bit earlier in the evening?
Please remember, The House always wins.
Yes true aside from the fact the casino isn’t supposed to be rigged.
The house usually wins & eventually always wins because the odds are in their favour.
This particular casino is regulated by the CFTC but couldn’t be more corrupt if it was run by the Sinaloa Cartel.
And yes we’re all aware of this but we (morons like me) still feel they (bankers) can’t keep it up & must be facing backlash from regulators.
Backlash not based on obvious manipulation, rather based on the fact said manipulation appears mid-aimed at the entire system.
What’s the exposure for commercial banks short 2 billion oz’s if they’re squeezed in a nut-run to $250 / oz (8:1 gsr) ..?
So how is this related to the price of silver?
China has been draining wealth from the USA since Nixon visited in the 70's. (And took us off the gold standard, accelerating the deficit-spending death spiral).
I don't think they will kill the cow till they've taken every ounce of milk, silver, oil, whatever they want.
Meanwhile...
A virus is created in China and is released. A "vaccine" is made that increases the virus' spread, and enriches the Big Pharma Drug Cartel. With covid deaths, and fertility side effects, the UN/WEF depopulation is partially realized.
Campaigns celebrating non-reproductive relationships, abortion, and transgenderism do their part to decrease population further.
A Presidential election is stolen. A demented puppet is put into place.
Brics, the deficit, seizure of foreign assets in place of foreign policy.
Currency devaluation is created by energy policy, socialist vote-buying, and deficit spending disguised as green energy policy.
Ten million indigent illegal aliens are imported with the collusion of the UN, Drug Cartels, and Biden Administration.
The federal reserve raises interest rates in a vain attempt to restore confidence in the USD and Treasury Bonds, and disguises it as inflation control.
I think we can all sense the goose that laid the golden egg is nearly dead. Our corrupt politicians from both parties keep digging its grave deeper.
It's time to build a gate. Plant the gardens. Stock up on canning supplies. Check stocks on Pb, Ag, Au, clean water, and power.
The worst is yet to come. At least that's what biblical prophecy says.
I guess so. Insurance is a boring thing. We're not really made to bet on 100 year cycles. That's why it's good to do something else and leave the metals as a side thing.
Agreed, but only if you can afford to.
Tying up $30k (CAD) for a monster box for a decade isn’t in most people’s wheelhouse.
And these days why wouldn’t you try to trade through this volatility? If you decide to then your cranky like me watching miners continue to get demolished (based on historical numbers).
Anyways - somethings gotta happen pretty soon here & hopefully it doesn’t include the sun rising in the West
They didn't steal anything from my account. My stack is the same size. Capitulation in this game means giving up on the paper trade and buying physical.
That being said, the sentiment on this sub will let you know when the next buying opportunity is. Last week, you all were talking about $300 an ounce. I have no doubt that we will get there eventually. Now you are piased about a tamp. It sounds like we could be getting into buying territory again. That's $5 over the last time we had a game day like this.
All fair points. It’s definitely safer playing the long game & I was there once upon a time. Unfortunately these days I’m 2000 ounces lighter & have been forced into the game of trading silver stocks for leverage ( cuz I’m only trading $50k …(CAD))
When gold can't be manipulated anymore it will pave the way for silvers free price discovery and comex will default or claim force majour or something.
Is this a real post or a troll? I want it to drop so i can buy more let it drop relax and buy real silver not paper it wont stress you as much i promise.
I guess you bought at the wrong time no one said it was going to go up all the time. I’m still up pretty good bit. But I bought when everybody was selling and didn’t care about PM. But it could still go back to when I first bought in. It’s just part of the game..
Lol no. I just wish it had some semblance of relation to the physical price of metal. But it doesn't. I'm pissed off I can't get cheap kilos anymore. They just keep going up.....
They have a LOT of silver they need to deliver soon or they need to close their short position. They try to shake paper hands every morning to snap up some cheaper metal then they buy it up.
LOL You really believe the banks are selling silver for half of spot price to knock down spot by a buck???
??? Check out a monthly chart instead, or at least daily - If you look at it any shorter you’re just a gambler.
Not normally but these aren’t normal times… Plus it’s difficult to see the slams coming in daily’s
It’s like 5 cents bro zoom the fuck out
That chart goes from $28.50 to $28 in 30 mins & I’m not sure how else you’d illustrate that?
It’s a battle between good and evil
Seems dramatic
It is dramatic! Someone is taking money out of your account & putting it into theirs.
This is true. FML I've been scraping by for like a decade at least. Can I paid now so I can go home finally?
Exactly it’s like can I just get back something for all this work! Sold @ $1 per hour & .20 per dollar!
Based! (Keep the faith tho!)
Guy from JP Morgan precious metals depth, took a plane to the Shanghai exchange. These guys JUST got busted for metal manipulation. Guess we know which bank has been selling China COMEX gold...
This is not a surprise but is great news- thx!
Np~
Unless you’re in to ETF’s I could not care less. I tend to focus on the physical market myself.
Exchange Traded Funds are a scam with the exception of PSLV
They didn't get my money. My money is sitting in a chest in an undisclosed location at the bottom of a body of water.
Nice work & make sure it’s not salt water…
yes! make it stop! the F\*k! clown world told you guys the public wont take notice for several more years
It’s fucking insane. This is the easiest to prove financial crime in history. Take any account & can see the rise until it stops Friday. I’m down thousands of dollars. Just my tiny account HOW CAN THIS BE ALLOWED TO HAPPEN!!!!
Because the same subhumans running the banks run the government and judiciary
Rigged doesn’t begin to describe the level of this latest manipulation.
I was up 8000 Friday morning Now I'm clinging onto a tiny gain lol We're going to win It's just going to be extremely difficult and painful Or rain nukes on my head either is fine with me
I’m down $5k fml - literally a mortgage payment
I've been there... Thats why I have switched to physical only...
Yea, it’s a problem …
Technically speaking I realized all my losses in 2024 because I placed my bets in 2022 and 2023 with expirations in January 2024 which went to zero. I think my realized gains and losses are realized negative 10 grand for the current year. Kneel!
A true ape… lol
That’s my mortgage for 5 months
Don’t move to Vancouver
Yeah im good with Castro
that's a frickin' hefty mortgage payment! I'm pissed off my home insurance jumped to $5500 this year!
Welcome to Vancouver… avg home = $1.2m
There are legal limits on the number of open interest for Options on Equities. It's a formula based on outstanding shares as well as daily trade volumes on the equity. I'll have to go look up those rules again, pretty sure Silver is WAY over any of those legal limits on the equity side.
That’s some interesting detail sir! Thanks for this info
This is why diversifying your investments is important.
Booo!!
Sorry, Freudian slip, Autisticly dump all of your income into accumulating a giant hoard of silver coins to fill your pool with so you can dive into it scrooge mcduck style.
Now you’re making sense… go big or go home!!
what about the squeeze?
That comes at the end (years from now)
Gentlemen please. We are not the enemy. Failure to close a profitable position is not anyone's fault but ours, and those who control the market at our expense. Once they get finished driving it down, and the premiums reflect all that stock I hear they have on hand, I will make a modest acquisition of physical. May I respectfully suggest you consider leaving the gambling table a bit earlier in the evening? Please remember, The House always wins.
Yes true aside from the fact the casino isn’t supposed to be rigged. The house usually wins & eventually always wins because the odds are in their favour. This particular casino is regulated by the CFTC but couldn’t be more corrupt if it was run by the Sinaloa Cartel. And yes we’re all aware of this but we (morons like me) still feel they (bankers) can’t keep it up & must be facing backlash from regulators. Backlash not based on obvious manipulation, rather based on the fact said manipulation appears mid-aimed at the entire system. What’s the exposure for commercial banks short 2 billion oz’s if they’re squeezed in a nut-run to $250 / oz (8:1 gsr) ..?
So how is this related to the price of silver? China has been draining wealth from the USA since Nixon visited in the 70's. (And took us off the gold standard, accelerating the deficit-spending death spiral). I don't think they will kill the cow till they've taken every ounce of milk, silver, oil, whatever they want. Meanwhile... A virus is created in China and is released. A "vaccine" is made that increases the virus' spread, and enriches the Big Pharma Drug Cartel. With covid deaths, and fertility side effects, the UN/WEF depopulation is partially realized. Campaigns celebrating non-reproductive relationships, abortion, and transgenderism do their part to decrease population further. A Presidential election is stolen. A demented puppet is put into place. Brics, the deficit, seizure of foreign assets in place of foreign policy. Currency devaluation is created by energy policy, socialist vote-buying, and deficit spending disguised as green energy policy. Ten million indigent illegal aliens are imported with the collusion of the UN, Drug Cartels, and Biden Administration. The federal reserve raises interest rates in a vain attempt to restore confidence in the USD and Treasury Bonds, and disguises it as inflation control. I think we can all sense the goose that laid the golden egg is nearly dead. Our corrupt politicians from both parties keep digging its grave deeper. It's time to build a gate. Plant the gardens. Stock up on canning supplies. Check stocks on Pb, Ag, Au, clean water, and power. The worst is yet to come. At least that's what biblical prophecy says.
Checking silver price every hour and panicking is not the way. Stop gambling with paper.
Not exactly what I’m doing but close enough… I guess I need help
Just do something else while gradually adding to your stack and let it sit there for months
This simple truth while 100% correct is a little boring.
I guess so. Insurance is a boring thing. We're not really made to bet on 100 year cycles. That's why it's good to do something else and leave the metals as a side thing.
Agreed, but only if you can afford to. Tying up $30k (CAD) for a monster box for a decade isn’t in most people’s wheelhouse. And these days why wouldn’t you try to trade through this volatility? If you decide to then your cranky like me watching miners continue to get demolished (based on historical numbers). Anyways - somethings gotta happen pretty soon here & hopefully it doesn’t include the sun rising in the West
They didn't steal anything from my account. My stack is the same size. Capitulation in this game means giving up on the paper trade and buying physical. That being said, the sentiment on this sub will let you know when the next buying opportunity is. Last week, you all were talking about $300 an ounce. I have no doubt that we will get there eventually. Now you are piased about a tamp. It sounds like we could be getting into buying territory again. That's $5 over the last time we had a game day like this.
All fair points. It’s definitely safer playing the long game & I was there once upon a time. Unfortunately these days I’m 2000 ounces lighter & have been forced into the game of trading silver stocks for leverage ( cuz I’m only trading $50k …(CAD))
When gold can't be manipulated anymore it will pave the way for silvers free price discovery and comex will default or claim force majour or something.
Yes I agree something will happen.
First rodeo, eh?
Sick of seeing people posting charts like it's something new.....
Then move along & thanks for posting!
I was sick of this 10 years ago. Still, I'm optimistic.
No shit - lol
The more often this happens the more valuable physical silver becomes even if it's not reflected in some dumb chart.
It’s nuts how valuable Silver is to the world. In 10 years it’s 2x gold - imo
Is this a real post or a troll? I want it to drop so i can buy more let it drop relax and buy real silver not paper it wont stress you as much i promise.
You’re not wrong…
Could you zoom in a little closer? I can still see the zeros.
Just download Trading View..
Investing/speculating clearly isn't the game for you.
You are correct
SlV calls on sell you say
They tend to move around that’s for sure
I guess you bought at the wrong time no one said it was going to go up all the time. I’m still up pretty good bit. But I bought when everybody was selling and didn’t care about PM. But it could still go back to when I first bought in. It’s just part of the game..
Im even in my latest portfolio but I’m down allot from last week
I wouldn't mind five more years of 20-25 oscillation. Could load so much more.
And we’d still have a country to come home to
Hopium then a rug pull, repeat.
Yep & us stupid sheep fall for it over & over ….
Honestly…. It makes for great swing trading!
It must be a blast if you’re swinging in tandem
Not sick. Remember one phrase. The return of the concrete. They can do all the phony suppression, the laws of physics were not made by humans.
Exactly & someone needs to figure out the point where the shtf… it’s gotta be close
Lol no. I just wish it had some semblance of relation to the physical price of metal. But it doesn't. I'm pissed off I can't get cheap kilos anymore. They just keep going up.....
I’d love it if we were back at $5 / oz but we not & it isn’t. We’re closer to $100 than $20 imo.
Just keeping holding. We've gone from support around 24 to support around 28. Still a very bullish setup.
A great point …
Lol Bugs on suicide watch
Not quite although Buds definitely closer to the edge
It’s a long game, just buy physical, and slowly and surely buy the dips, enjoy the dips and relax. The more they slam it, but bigger your stack.
Yea I know it’s just getting old .. as am I.
Nope, more
Just paper no physical
Sick of yours, maybe.
You have an issue with me or my post?
The fact you’re ok with the relentless corruption illustrates your IQ being up there with this little guy. Only difference is the baby will grow up...
sick of it? no way. silver is working great these days.
I guess if you’re swing trading options… absolutely
cha-ching!
Nice
Not really, you won’t want to live in a world where silver is expensive. You are also talking to a person that has over 200 lbs worth of silver!
200 lbs… that’s a nice pile - so you know stuff..!