Thread 61068230

>inb4 mercury dimes

Yes, silver and gold are on a tear, yes the dollar is in the toilet.

But today, I went to the city and curiously saw the bullion dealer, with a queue out the door.

I ventured in, they were all buying. Gold, silver whatever. I overheard the cashier telling a guy the website was down because they had record volumes, and that nearly all the silver is out of stock.

The place was full of indians, chinese and schizos, I went to another dealer and saw the same thing. It's all in the news.

I scrolled through twitter and see this.

So, yes, while it can go higher, I think the trade is crowded.

God bless you anons who got me into stacking years ago

>>61068230 (OP)
Seeing gold commercials popping up has led me to the same conclusion. I am on the edge of selling my metals.

>>61068230 (OP)
you're in australia?

formerly well to do

>>61068230 (OP)
Ive been trying to insert a tiny voice of reason. Ive heard it all before - end of fiat, stockpiles are dwindling, 200 million ounces per year, fags literally eating silver and shitting it down the toilet, solar panels consume all the silver, clothes have antibacterial silver in it, washing machines have silver, baby newborn eyedrops have silver, its all gone. Squeeze the market etc etc.

Might be true but the fact is everyone believes the number on kitco and most people dont take delivery, its all contracts and futures. They can dump millions of ounces of paper silver overnight. They did it in 2011. They sucker fags in, get everyone frothy and hopeful and buttfuck the price through the floor into your moms basement. Then all the x posts will say what a fucking shit investment boomer rocks are.

Hope im wrong but im not. Theres still some upside, potentially they will let it break the ATH, get more dipshits piling in, then take all their money and crater sentiment.

Screenshot this.

>>61068230 (OP)
>physical
>interacting with browns
Retards just buy GLD and SLV

>>61068246
Why dont we pump this ffs. This is the moment. Whats the telegram again?

>>61068397
Nah man let it stay dead......

>>61068318
Well I’m a real estate investor and rocks are my hobby so if gold goes to $20 per oz I’m buying up all the old gold and so is everyone else. So regardless of all your bullshit railroading of the issue, the point is:
Rule 1: The number will go up.
Rule 2: if you have contradictory information, refer to rule one.

>>61068230 (OP)
>No FWTDW
>No QAD
No blowjobs for you!

>>61068318
>They can dump millions of ounces of paper silver overnight

They have been doing this incessantly since it peaked over forty bucks and the Jew dump gets instantly slurped by Chang who parks the delivery onto a container and sends into Shanghai. The hebrews are not in control anymore.

>>61068230 (OP)
If you sell your XRP 10 days before the ETFs you deserve to get rugged.
You have 5 years to stock up silver and you had 5 years to stock up on XRP.

>>61068230 (OP)
I saw you on Pitt street. You in the black t shirt. You look like a fag

>>61068647
>10 days before the ETFs
No ETFs are coming lil bro, old deadlines means shit now since SEC asked for new S-1 fillings and idk how much they will delay them too, especially with the government shut down. ETF's are coming, but most likely in 2026.

>>61068289
Yup
>>61068457
I didn't say ALL did I anon?
>>61068459
JPM still effectively controls the market, however. They are not unhappy with this situation
>>61068647
Thanks man. Without guys like you I'd never get exit liquidity on all my shitcoins

>>61068318
What about physical demand? What about Chinks buying up every piece of gold they can?

>>61068230 (OP)
There is a huge narrative push to buy assets at any cost at the parabola phase. I am a gold bug but I know when it’s prudent to have liquidity. It’s when everyone else is asset rich. That said, it’s dumb to sell anywhere near your entire stack

>>61068230 (OP)
The difference is that silver can buy you a FWTDHW

>>61068323
ETFs can’t get this

>>61069378
I didn't sell my gold, to be fair. That's a much longer play. Silver is far more at risk to yahoodi manipulation

>>61069071
Controlling the paper market is entirely different from controlling the reality of physical demand outpacing supply due to price manipulation

>>61068318
While i agree with you on 2011, there is a major difference now compared to then : China.
They still have a shitload of US bonds and trade dollars to ditch, and all they want rn is precious metals it seems. And in physical form only, as are showing the absolutely insane borrow rates on slv (reached 12% today, average is like 0.5% historically lol) and the backwardation who is so extreme it's stretching the futes & spot several dollars apart (usual business is a few cents' delta).

Plus the sentiment you talk about only arised today because it made big news we broke ATH, but until then it was complete radio silence. Even worse : LCSs recorded an average of 70/30% sellers/buyers on silver since first quarter of this year.

This really feels different than last time, where it was a gloom & doom mania. So far this year the poomp was 0% retail (even negative retail) and all pushed by China/India/Pakistan/Russia.. and institutional investors.
Back in 2011 only the US and EU competed over silver ownership, now the whole world is joining the dance.

>>61069050
>most likely in 2026
Polymarket says this year. Betting markets are historically more accurate than any other metric or predictive modeling.

>>61068230 (OP)
Thanks for the update. I just bought another kilo

>>61068318
I don't know shit about rocks, I know 2 money guys, 1 has been continuously stacking gold since 400, the others is only gold and silver, at current prices he has several million on coins and bars in his fucking house...
I asked grok heavy to analyze where all the gold is going, it ran for like 15 minutes and concludes national banks all over the world are selling off all there paper and buying gold.

>>61068230 (OP)
This is the kind of post that gets referenced 5 years from now as one of the best trades all time, you should say what you moved into.