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WOW! Into SILVER? Read this. #SilverSqueeze: Physical Silver Shortage vs. Paper Silver - Moving from SPOT to FIXED prices?

 
Anonymous Coward
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02/16/2021 06:49 PM
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WOW! Into SILVER? Read this. #SilverSqueeze: Physical Silver Shortage vs. Paper Silver - Moving from SPOT to FIXED prices?
You'll know fools when they try to knock BullionStar...



The silver short squeeze in physical silver at present is unprecedented. Even so, the spot price of paper silver is not even close to the real physical equilibrium price of silver. BullionStar may soon have no option but to abandon setting prices based on silver spot price altogether and move to fixed prices.

Thanks to r/WallStreetBets (WSB) and related spin offs, the wider public is starting to open its eyes to the corruption and cronyism in the financial markets including in the paper gold and paper silver markets.

For years, BullionStar has been one of the strongest critics of the manipulated precious metals markets where paper issuance of silver (out of thin air) exceeds the physical availability of real silver at a multiple of at least 100 to 1.

While some in the WSB movement have suggested purchases of SLV shares and call options, many others are recommending physical silver. It’s important to understand that purchases of SLV shares does not equate to putting pressure on bullion banks. Bullion banks provide various services to ETF’s, such as custodial services, and ETF’s are known for
The only way to put pressure on the corrupted paper silver market and on the bullion banks is to . Only then is there a chance that price discovery for real physical silver will shift to be based on the actual trading of physical silver instead of being inherited from synthetic paper trading prone to manipulation.



More here.
[link to www.bullionstar.com (secure)]
Anonymous Coward (OP)
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02/16/2021 06:50 PM
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Re: WOW! Into SILVER? Read this. #SilverSqueeze: Physical Silver Shortage vs. Paper Silver - Moving from SPOT to FIXED prices?
If people are actually getting suckered into buying paper silver vs physical... That isn't good.
Anonymous Coward
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02/16/2021 06:53 PM
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Re: WOW! Into SILVER? Read this. #SilverSqueeze: Physical Silver Shortage vs. Paper Silver - Moving from SPOT to FIXED prices?
SLVtards ride again! seal
Anonymous Coward
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02/16/2021 06:54 PM
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Re: WOW! Into SILVER? Read this. #SilverSqueeze: Physical Silver Shortage vs. Paper Silver - Moving from SPOT to FIXED prices?
SLVtards ride again! seal
 Quoting: Anonymous Coward 79524824


Get ready to dump before they crash it
Anonymous Coward
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02/16/2021 06:57 PM
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Re: WOW! Into SILVER? Read this. #SilverSqueeze: Physical Silver Shortage vs. Paper Silver - Moving from SPOT to FIXED prices?
SLVtards ride again! seal
 Quoting: Anonymous Coward 79524824


Get ready to dump before they crash it
 Quoting: Anonymous Coward 80057901


Im being sarcasitc lol. I would NEVER buy that shit!
Anonymous Coward (OP)
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02/16/2021 06:58 PM
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Re: WOW! Into SILVER? Read this. #SilverSqueeze: Physical Silver Shortage vs. Paper Silver - Moving from SPOT to FIXED prices?
SLVtards ride again! seal
 Quoting: Anonymous Coward 79524824


Get ready to dump before they crash it
 Quoting: Anonymous Coward 80057901


Bingo! Hold the bag please.
Anonymous Coward (OP)
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02/16/2021 06:58 PM
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Re: WOW! Into SILVER? Read this. #SilverSqueeze: Physical Silver Shortage vs. Paper Silver - Moving from SPOT to FIXED prices?
SLVtards ride again! seal
 Quoting: Anonymous Coward 79524824


Get ready to dump before they crash it
 Quoting: Anonymous Coward 80057901


Im being sarcasitc lol. I would NEVER buy that shit!
 Quoting: Anonymous Coward 79524824



thumbs Miners are okay. Physical is best. Paper is a joke.
Anonymous Coward (OP)
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02/16/2021 07:00 PM
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Re: WOW! Into SILVER? Read this. #SilverSqueeze: Physical Silver Shortage vs. Paper Silver - Moving from SPOT to FIXED prices?
If this really is a group of pros posing as amateurs, and they have this big of an audience, things are bad if this is how they need to prop shit up before the inevitable.
Anonymous Coward
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02/16/2021 07:01 PM
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Re: WOW! Into SILVER? Read this. #SilverSqueeze: Physical Silver Shortage vs. Paper Silver - Moving from SPOT to FIXED prices?
SLVtards ride again! seal
 Quoting: Anonymous Coward 79524824


Get ready to dump before they crash it
 Quoting: Anonymous Coward 80057901


Im being sarcasitc lol. I would NEVER buy that shit!
 Quoting: Anonymous Coward 79524824


You're not being sarcastic, you're an idiot. and funny.

hf
Anonymous Coward (OP)
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02/16/2021 07:06 PM
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Re: WOW! Into SILVER? Read this. #SilverSqueeze: Physical Silver Shortage vs. Paper Silver - Moving from SPOT to FIXED prices?
Links missing from the post so it appears to not make sense if reading on GLP and not on BullionStar.


Paper Silver Manipulation

What was claimed to be a conspiracy theory of bullion banks colluding to manipulate and suppress the paper price of precious metals have been proven true
and

.

BullionStar has also exposed, for example
here, here ,here ,here ,here and here

how the precious metals industry organisations, like the London Bullion Market Association (LBMA), protect the interests of the paper dealing bullion banks rather than further the interest of physical producers and dealers.

Suppressing the paper price of gold and silver goes to the very core, not only of the financial system, but to the whole monetary system. In

, we wrote:

Manipulating gold and silver prices by spoofing futures trades and cancelling them is one thing. Central bank intervention into physical gold markets to dampen the gold price is another. But perhaps the most far reaching yet unappreciated method of manipulation is sitting there in plain sight, and that is the very structure of the contemporary ‘gold’ and ‘silver’ markets where
by trading in vast quantities of fractionally-backed synthetic gold and silver credit, be it in the form of vast quantities of

that are ‘gold’ or ‘silver’ in name only, or in the form of gold and silver futures which haven’t the slightest connection with CME approved precious metals vaults and warehouses.

By siphoning off demand for real gold and silver and channeling it into unbacked or fractionally-backed credits and futures, the central banks and their bullion bank counterparts have done an amazing job in creating an entire market structure of futures and synthetics trading that is unconnected to the physical gold and silver markets. This structure siphons off demand away from the physical precious metals markets, and in doing so, creates a system of price discovery which is nothing to do with physical gold and silver supply and demand.

Apart from fractional-reserve banking, precious metals market structure is perhaps one of the biggest cons on the planet. So next time you think of precious metals manipulation, remember that in addition to spoofing and secretive central bank gold loans, the entire structure of the precious metals markets is unfortunately one big manipulation hiding in plain sight.




Silver Price Suppression

Another contributor to the suppression of the paper price for gold and silver is the government manipulation of inflation figures.

Using ShadowStats Alternate CPI,
Following BullionStar’s post on the real inflation-adjusted ATH for silver, many followers of WSB has referenced to US$ 1,000 as the price target for silver. A

with more than 2.1M views and 9K comments also makes reference to this price calculated by BullionStar while noting that the silver bullion market is one of the most manipulated on earth.

It’s important for banks, central banks and governments to ensure that precious metals prices remain subdued. This is so because precious metals still indirectly backstops the whole monetary system. If the price of gold and silver were to skyrocket, it would expose that the emperor has no clothes, i.e. that fiat currency is intrinsically worthless.

Central banks and governments have employed a two pronged approach, where on one hand, the money supply is increased via Quantitative Easing to prop up bank and vested interests while on the other hand, the paper price of gold and silver is suppressed.
Anonymous Coward (OP)
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02/16/2021 07:10 PM
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Re: WOW! Into SILVER? Read this. #SilverSqueeze: Physical Silver Shortage vs. Paper Silver - Moving from SPOT to FIXED prices?
If silver really inflated/shot up to $1k/oz, a $1 can of pop now will run ~$33.
Simple math.

Say $30/oz for silver, hyperinflation drives to $1k.
1,000 divided by the ~$30 spot = $33.33.

Granted there are other variables, but I think we would be having some "other" issues to worry about rather than inflation...
Buy protection.
Anonymous Coward (OP)
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02/16/2021 07:14 PM
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Re: WOW! Into SILVER? Read this. #SilverSqueeze: Physical Silver Shortage vs. Paper Silver - Moving from SPOT to FIXED prices?
Just to be clear, I am not really into silver, so I don't follow it.
Gold is about $400-$500 MORE than where I want to buy in, but I think I may have to, and but my losses in case there are shortages.


I just happened to be browsing for some (a lot) of stuff that is OOS in the USA, and started browsing BullionStar.
(No, I am not in Singapore)
Anonymous Coward (OP)
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02/16/2021 07:17 PM
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Re: WOW! Into SILVER? Read this. #SilverSqueeze: Physical Silver Shortage vs. Paper Silver - Moving from SPOT to FIXED prices?
CUT my losses in case there are shortages*
HarMegiddo

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02/16/2021 07:19 PM

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Re: WOW! Into SILVER? Read this. #SilverSqueeze: Physical Silver Shortage vs. Paper Silver - Moving from SPOT to FIXED prices?
JP Morgan and the US government are selling the Chinese worthless US Treasuries to suppress the metals market and loot America.
This is high treason and all should be charged with a crime.

The implications here are far, far worse than most realize.

There was a reason Jaime Dimon and Janet Yellen met with Biden last week.
Covid-bomb the world, boot Trump, steal the money, then Fang Fang until the CCP doesn't need you anymore.
HarMegiddo
Anonymous Coward (OP)
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02/16/2021 07:21 PM
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Re: WOW! Into SILVER? Read this. #SilverSqueeze: Physical Silver Shortage vs. Paper Silver - Moving from SPOT to FIXED prices?
JP Morgan and the US government are selling the Chinese worthless US Treasuries to suppress the metals market and loot America.
This is high treason and all should be charged with a crime.

The implications here are far, far worse than most realize.

There was a reason Jaime Dimon and Janet Yellen met with Biden last week.
Covid-bomb the world, boot Trump, steal the money, then Fang Fang until the CCP doesn't need you anymore.
 Quoting: HarMegiddo



The crazy part is they think their grandkids will be immune, or simply do not care.

China had some shit running for awhile where it was basically illegal to export gold.
Add in all the countries that were repatriating their gold supplies a few years ago... Shit is going to get hectic.

Their real solution is a population decline, if you get my drift.
Anonymous Coward (OP)
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02/16/2021 07:25 PM
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Re: WOW! Into SILVER? Read this. #SilverSqueeze: Physical Silver Shortage vs. Paper Silver - Moving from SPOT to FIXED prices?
Damn. I am so torn.
I HATE buying when high, but I don't think the availability will be there soon, like what happened with physical silver...

At that point I would be left with no new net gains.
I *may* see what the rest of the week holds.

Under Trump, this was all EASY PEASY to figure out.
Now the uncertainty is back at the helm.
No telling what these fools will do.
jlee2027

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02/16/2021 07:36 PM
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Re: WOW! Into SILVER? Read this. #SilverSqueeze: Physical Silver Shortage vs. Paper Silver - Moving from SPOT to FIXED prices?
As long as the buying pressure continues on Physical, there is no escape for the paper the banks hold.
Anonymous Coward (OP)
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02/16/2021 07:51 PM
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Re: WOW! Into SILVER? Read this. #SilverSqueeze: Physical Silver Shortage vs. Paper Silver - Moving from SPOT to FIXED prices?
Thread: “Houston, we have a Problem”: 85% of Silver in London already held by ETFs.
Anonymous Coward
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02/16/2021 08:32 PM
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Re: WOW! Into SILVER? Read this. #SilverSqueeze: Physical Silver Shortage vs. Paper Silver - Moving from SPOT to FIXED prices?
BUY BY BI BYE!
Anonymous Coward
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02/16/2021 08:33 PM
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Re: WOW! Into SILVER? Read this. #SilverSqueeze: Physical Silver Shortage vs. Paper Silver - Moving from SPOT to FIXED prices?
If your silver can't conduct electricity, you ain't got silver.......just sayin.....
Ozzie316

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02/16/2021 09:19 PM

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Re: WOW! Into SILVER? Read this. #SilverSqueeze: Physical Silver Shortage vs. Paper Silver - Moving from SPOT to FIXED prices?
SLVtards ride again! seal
 Quoting: Anonymous Coward 79524824


Get ready to dump before they crash it
 Quoting: Anonymous Coward 80057901


You don't understand silver.
Anonymous Coward (OP)
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Singapore
02/16/2021 09:31 PM
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Re: WOW! Into SILVER? Read this. #SilverSqueeze: Physical Silver Shortage vs. Paper Silver - Moving from SPOT to FIXED prices?
SLVtards ride again! seal
 Quoting: Anonymous Coward 79524824


Get ready to dump before they crash it
 Quoting: Anonymous Coward 80057901


You don't understand silver.
 Quoting: Ozzie316


They are talking about paper silver.
One would be foolish to be caught holding it.
Anonymous Coward
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02/16/2021 11:43 PM
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Re: WOW! Into SILVER? Read this. #SilverSqueeze: Physical Silver Shortage vs. Paper Silver - Moving from SPOT to FIXED prices?
Who actually sets the price of Silver anyway? Its obviously wrong.

Can somebody explain how that works?
Anonymous Coward
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02/16/2021 11:43 PM
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Re: WOW! Into SILVER? Read this. #SilverSqueeze: Physical Silver Shortage vs. Paper Silver - Moving from SPOT to FIXED prices?
Who actually sets the price of Silver anyway? Its obviously wrong.

Can somebody explain how that works?
 Quoting: Anonymous Coward 79834320


Supply/Demand/Costs/Bankers, etc.
Anonymous Coward
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02/16/2021 11:55 PM
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Re: WOW! Into SILVER? Read this. #SilverSqueeze: Physical Silver Shortage vs. Paper Silver - Moving from SPOT to FIXED prices?
Thats why SLV is a scam.

PSLV - Sprott Physical Silver Trust, on the other backs every share with an equal holding of physical silver.

Thats why SLV will go bust & PSLV will moon.

2 years worth of physical silver has been dumped into circulation in order to suppress the true price, since funds like SLV have loaned out 100 times more silver than they actually possess.

Its already been bought and demand outstrips supply by a country mile.

Give it a few months & silver will likely see new all time highs.
Anonymous Coward
User ID: 80059641
Sweden
02/16/2021 11:57 PM
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Re: WOW! Into SILVER? Read this. #SilverSqueeze: Physical Silver Shortage vs. Paper Silver - Moving from SPOT to FIXED prices?
You'll know fools when they try to knock BullionStar...



The silver short squeeze in physical silver at present is unprecedented. Even so, the spot price of paper silver is not even close to the real physical equilibrium price of silver. BullionStar may soon have no option but to abandon setting prices based on silver spot price altogether and move to fixed prices.

Thanks to r/WallStreetBets (WSB) and related spin offs, the wider public is starting to open its eyes to the corruption and cronyism in the financial markets including in the paper gold and paper silver markets.

For years, BullionStar has been one of the strongest critics of the manipulated precious metals markets where paper issuance of silver (out of thin air) exceeds the physical availability of real silver at a multiple of at least 100 to 1.

While some in the WSB movement have suggested purchases of SLV shares and call options, many others are recommending physical silver. It’s important to understand that purchases of SLV shares does not equate to putting pressure on bullion banks. Bullion banks provide various services to ETF’s, such as custodial services, and ETF’s are known for
The only way to put pressure on the corrupted paper silver market and on the bullion banks is to . Only then is there a chance that price discovery for real physical silver will shift to be based on the actual trading of physical silver instead of being inherited from synthetic paper trading prone to manipulation.



More here.
[link to www.bullionstar.com (secure)]
 Quoting: Anonymous Coward 68076121


Is to what??
Anonymous Coward
User ID: 80059641
Sweden
02/16/2021 11:59 PM
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Re: WOW! Into SILVER? Read this. #SilverSqueeze: Physical Silver Shortage vs. Paper Silver - Moving from SPOT to FIXED prices?
Thats why SLV is a scam.

PSLV - Sprott Physical Silver Trust, on the other backs every share with an equal holding of physical silver.

Thats why SLV will go bust & PSLV will moon.

2 years worth of physical silver has been dumped into circulation in order to suppress the true price, since funds like SLV have loaned out 100 times more silver than they actually possess.

Its already been bought and demand outstrips supply by a country mile.

Give it a few months & silver will likely see new all time highs.
 Quoting: Anonymous Coward 77994864


A few months.. Metals are like watching paint dry compared to crypto.
Anonymous Coward
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02/17/2021 12:01 AM
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Re: WOW! Into SILVER? Read this. #SilverSqueeze: Physical Silver Shortage vs. Paper Silver - Moving from SPOT to FIXED prices?
 Quoting: Anonymous Coward 68076121


Is to what??
 Quoting: Anonymous Coward 80059641


From the 10th post down. The site screw with a copy/paste.

"Links missing from the post so it appears to not make sense if reading on GLP and not on BullionStar."
Anonymous Coward
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02/17/2021 12:03 AM
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Re: WOW! Into SILVER? Read this. #SilverSqueeze: Physical Silver Shortage vs. Paper Silver - Moving from SPOT to FIXED prices?
Thats why SLV is a scam.

PSLV - Sprott Physical Silver Trust, on the other backs every share with an equal holding of physical silver.

Thats why SLV will go bust & PSLV will moon.

2 years worth of physical silver has been dumped into circulation in order to suppress the true price, since funds like SLV have loaned out 100 times more silver than they actually possess.

Its already been bought and demand outstrips supply by a country mile.

Give it a few months & silver will likely see new all time highs.
 Quoting: Anonymous Coward 77994864


A few months.. Metals are like watching paint dry compared to crypto.
 Quoting: Anonymous Coward 80059641




Give it some time.
Notice people only want people to buy in when it is HIGH?
There are never any threads telling people to buy when it is low.

Shows you what type of person invests in it (That does not mine)
Anonymous Coward
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02/17/2021 12:06 AM
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Re: WOW! Into SILVER? Read this. #SilverSqueeze: Physical Silver Shortage vs. Paper Silver - Moving from SPOT to FIXED prices?
Thats why SLV is a scam.

PSLV - Sprott Physical Silver Trust, on the other backs every share with an equal holding of physical silver.

Thats why SLV will go bust & PSLV will moon.

2 years worth of physical silver has been dumped into circulation in order to suppress the true price, since funds like SLV have loaned out 100 times more silver than they actually possess.

Its already been bought and demand outstrips supply by a country mile.

Give it a few months & silver will likely see new all time highs.
 Quoting: Anonymous Coward 77994864


A few months.. Metals are like watching paint dry compared to crypto.
 Quoting: Anonymous Coward 80059641


And way less volatile. While BTC increases & retracts by 20% routinely, silver steadily climbs a few cents a day, talk to me in June & well see where silver is.

This isnt to knock crypto, I think the major cryptos will keep increasing, BUT , while crypto is literally a number on a screen, physical metal is a real asset that can be held....like ..in your hand.

There are thousands of cryptos and more being created every day. There is a limited amount of precious metal and thete arent any new ones to discover, not on Earth anyway.
Anonymous Coward
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02/17/2021 12:29 AM
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Re: WOW! Into SILVER? Read this. #SilverSqueeze: Physical Silver Shortage vs. Paper Silver - Moving from SPOT to FIXED prices?
I can't post the name here but on insta Silver_lining_playbook is a hedgy who's all in on it and he is dumping tons into it. He explained this crazy chart pattern that hardly ever happens and is all about it





GLP