Silver Thread: what is really going on

Can someone explain to me why having to pay twice the price for Physical Silver then paper silver is legal?

How can an IOU for 1oz of silver be cheaper than 1oz of silver especially when you have to pay the security and storage for the 1oz of silver that you owe me?

This is a thread to explain what the goal of the redditors is.

Silver is a hard asset, meaning it is real and tangible. it cant be created out of thin air, like cryptos or stock and bonds.

Therefore how a short squeeze works, is different from a stock.

many people have said it is trap, or citadel is recouping loses, etc. etc. etc. This isnt true.

you have to remember that silver is real and physical. keep that in your mind.

when you buy a coin from a silver dealer you are paying a premium to have it in your hand right now. so if the spot price is $25, you might pay $30 and you get the bonus of leaving with it right now. But, you buying it right now, depletes the REAL physical supply.

SLV is an ETF for FUTURE delivery (30 days from today). that means they have to have the PHYSICAL to match every contract bought. Because if you want to take delivery of the actual metal they have to have it available. THIS is the catch. most of the time the SLV doesnt have the actual metal. They have to go buy it from someone to match the number of contracts. So 30 days from now when people want their metal if the SLV doesnt have it. one of a few of things will happen...

1. they will bid the price up until someone sells the metal to them (moon shot silver)
2. they will fold like a cheap suit because they cant get the metal
3. they will cash out in dollars to anyone holding a contract.

the last 2 basically end the system

Either way buying an actual coin at a shop or buying SLV will eat up all of the available supply putting the big boys in a HUGE bind. But we won't find any of this out until the next delivery date.

to give some perspective, on thursday over 1 billion ounces of silver were allocated to the market. There are only 800 million ounces mined in a YEAR.

so more silver contracts were issued IN ONE DAY then is mined in an entire year.

there is no way to cover this with real metal.

best advice for us little guys, who want to take advantage of the situation is to go to your local coin shop/ antique mall/ pawn shop. And buy some physical silver.

setting up a narrative private citozen greed and private ownership is a social danger.

Can someone explain to me why having to pay twice the price for Physical Silver then paper silver is legal?

How can an IOU for 1oz of silver be cheaper than 1oz of silver especially when you have to pay the security and storage for the 1oz of silver that you owe me?

So many establishment shills pouncing on these silver threads.

So you're saying that by my purchasing of SLV ($1000) was a GOOD thing to do this morning? I was thinking about it (my primary concern was to screw as best I can, the Hedgers - and make some profit for myself), and was going to sell my SLV and buy physical silver instead. But you're saying by doing EITHER (SLV or physical) is doing good (bad to hedgers) in and of themselves? Would you - moving forward - invest weekly in SLV or physical silver? (Asking as a friend - not looking for a lawyer disclosure statement or anything)

I am TOTALLY in disagreement that silver is priced fairly today - due to hedges. This lying/deceit is my grounds for doing anything I can to help defeat them (Hedgers).

One thing for sure: I will invest each week, and HOLD.

The next delivery date is scheduled for when?
Great post & thank you.

normally it is the last day of the month.

You CANNOT bust the bank with paper longs- Like PSLV or SLV. You will NOT be able to take physical delivery at expire. They will simply change the rules and force you to settle in cash.

Make sure you understand this mechanism and that it was tried before and bankrupted the HUNT BROTHERS.

You MUST buy physical SILVER and then ignore the spot price. This is why the premiums have exploded to $20 over spot. They can list the spot price for whatever they want but it is the PHYSICAL MARGIN that you need to pay attention to.

BUY PHYSICAL AND CONTINUE TO BUY FOR AS LONG AS YOU CAN.

This is a thread to explain what the goal of the redditors is.

Silver is a hard asset, meaning it is real and tangible. it cant be created out of thin air, like cryptos or stock and bonds.

Therefore how a short squeeze works, is different from a stock.

many people have said it is trap, or citadel is recouping loses, etc. etc. etc. This isnt true.

you have to remember that silver is real and physical. keep that in your mind.

when you buy a coin from a silver dealer you are paying a premium to have it in your hand right now. so if the spot price is $25, you might pay $30 and you get the bonus of leaving with it right now. But, you buying it right now, depletes the REAL physical supply.

SLV is an ETF for FUTURE delivery (30 days from today). that means they have to have the PHYSICAL to match every contract bought. Because if you want to take delivery of the actual metal they have to have it available. THIS is the catch. most of the time the SLV doesnt have the actual metal. They have to go buy it from someone to match the number of contracts. So 30 days from now when people want their metal if the SLV doesnt have it. one of a few of things will happen...

1. they will bid the price up until someone sells the metal to them (moon shot silver)
2. they will fold like a cheap suit because they cant get the metal
3. they will cash out in dollars to anyone holding a contract.

the last 2 basically end the system

Either way buying an actual coin at a shop or buying SLV will eat up all of the available supply putting the big boys in a HUGE bind. But we won't find any of this out until the next delivery date.

nope this is exactly right. and this is what they have been trying to hide for decades now. Becasue if the plan you laid out actually came to fruition. no one would use dollars to buy anything, and they are DESPERATELY trying to save the dollar system, until their new system is in place

By investing in First Majestic Silver (AG) you will be double leveraged against the silver short squeeze.
1. Company will benefit from higher silver price
2. Company is highest net short in sector - so you will get a DOUBLE squeeze in silver + the company itself.
3. You will own a physical company and not some paper silver.
4. Right now silver is CHEAPER than it has ever been in human history (relative to M2, amount of dollars in existance)
5. Silver price has artifically been held down by big banks and JP morgan had to pay legal fees for manipulating the silver prices during many years.

$AG is to the Banks what $GME we're to the hedge funds!
Buy AG - destroy a bank!

Not a giant weekend jump in price from last week.

Compared to The Deal of the Century which had price of Gold at 2069 and Silver at 29 OVERNIGHT back in August last year.

So can a country dumping gold (exchanging for weapons) move the metal markets quicker than just people? You betcha.

The two most important questions don't seem to have an answer:

1. Where to buy physical silver at the lowest real cost?

2. Where to sell physical silver at the highest net price?

Both questions need real answers before getting involved in this market.

For a few days until they run out. JPM can fight back with their 800 million ounce hoard, that will take some time to deplete. If prices continue to rise, JPMs stack will be wiped out covering their short exposure.

Not a giant weekend jump in price from last week.

Compared to The Deal of the Century which had price of Gold at 2069 and Silver at 29 OVERNIGHT back in August last year.

So can a country dumping gold (exchanging for weapons) move the metal markets quicker than just people? You betcha.

This is a thread to explain what the goal of the redditors is.

Silver is a hard asset, meaning it is real and tangible. it cant be created out of thin air, like cryptos or stock and bonds.

Therefore how a short squeeze works, is different from a stock.

many people have said it is trap, or citadel is recouping loses, etc. etc. etc. This isnt true.

you have to remember that silver is real and physical. keep that in your mind.

when you buy a coin from a silver dealer you are paying a premium to have it in your hand right now. so if the spot price is $25, you might pay $30 and you get the bonus of leaving with it right now. But, you buying it right now, depletes the REAL physical supply.

SLV is an ETF for FUTURE delivery (30 days from today). that means they have to have the PHYSICAL to match every contract bought. Because if you want to take delivery of the actual metal they have to have it available. THIS is the catch. most of the time the SLV doesnt have the actual metal. They have to go buy it from someone to match the number of contracts. So 30 days from now when people want their metal if the SLV doesnt have it. one of a few of things will happen...

1. they will bid the price up until someone sells the metal to them (moon shot silver)
2. they will fold like a cheap suit because they cant get the metal
3. they will cash out in dollars to anyone holding a contract.

the last 2 basically end the system

Either way buying an actual coin at a shop or buying SLV will eat up all of the available supply putting the big boys in a HUGE bind. But we won't find any of this out until the next delivery date.