Thx guys
Well some bank got pinch about manipulating market .
And it just feel silver should be higher so I wondered if a premium so high for so long to buy physical might be a hint to think silver paper is still vrry low .
Just didn’t represent the « true » market value ?

But I’m not knowledgeable about that stuff so I was just wondering .
I guess it’s kinda ok if the premiums all are crazy high everywhere.
Thx !

Roy Sebag talked about it in one these or possibly both, it's been some months I forget which one.

https://www.youtube.com/watch?v=ZP6zCqqn9Q8

https://www.youtube.com/watch?v=cCHE2zKOStU

https://www.youtube.com/watch?v=l1qBRzBAgc4

Is there a symbol where I can make options plays on the dollars? I have longterm precious metals calls now and am seeking a hedge.

UUP, most definitely others

Thanks, coordi, appreciate it.

Hope it’s ok to post , no commercial intention .....

Is this the most generic version of a silver coin I could buy and easy to trade if need to be ?
Thx

https://online.kitco.com/buy/3104/1-...Coin-9999-3104

Ps: should I care about the number of the coin (5$,10$,etc) or I should injust focus on the final weight of the coin (oz,gram) ?
Thx

Those are nice coins I own a few ( mostly in platinum tho) They are very recognizable.

Most of my stack is just generic bars 10oz and 100oz silver bars. I have only ever sold "Generic Palladium bars" and it was a piece of cake. I called several coin shops in "Las Vegas" got a quote on generic bars, ranging from 1400-1650 per bar when Palladium was slightly above 1650. Walked into coin shop, and walked out 3 minutes later with a couple grand in hand.

Obviously sold those bars too soon since they at 2200 and been up to 2400, however I did buy those bars for below 600$

https://www.youtube.com/watch?v=HsfYPMH-2UE

Ok k thx .

And the 5$,10$, 30$ does it mean anything special or not ?
I just don’t understand why a coin 1/2oz with a 30$ on it would cost more than a coin 5$ at 1oz ?

I think I see some of those and dont understand why it would be more expensive with the dollard sign when the weight in silver is less ?
Thx

Maybe I saw wrong but I’m pretty sure I saw what I’m speaking off ,shrug .

https://www.providentmetals.com/know...0of%20currency.

Thx

What's going on with precious metals so far today? Not sure why they're down so much with crypto remaining strong and further stimulus a guarantee.

Crypto prolly strong because PayPal is going to be using it now as well.

Wow, got back into longterm GLD calls and some miner calls when gold was around 1898 yesterday. Something told me to pull the trigger, in addition to knowing miner ERs were today, so glad I did, had been waiting for this move forever.

Yeah, that's about right. Massive green to red. Am in very long positions so will probably be fine if we can bounce off this 1848 support level, but what a gut punch with this vaccine reaction.

BTC is flippening gold.

There are big players coming out and saying why BTC is better then gold and why they are buying BTC now. Stan Druckenmiller for example is a billionaire who says he owns a lot of gold but has been buying BTC. That right there is money that would normally go into gold, only now it's going into BTC.

Other examples like the Microstrategy CEO. Would have bought $500 mil in gold, but likes BTC better so he bought BTC.

Iran is starting to use it for imports. They aren't using gold, they are using BTC.

The trend is only going to continue.

https://forumserver.twoplustwo.com/5...77/?highlight=

LOL

#1 Micro Strategy CEO is a known fraud. His business has been bleeding money for years, and he might be making a desperate attempt to gamble with investors funds while boosting his company awareness with the advertising bitcoin community does for him. Go and read some of his recent tweets over the last few weeks, he talks about bitcoin like it's a angel from the gods. Some real twisted kool-aid drinking.

#2 Stan the man has a playbook and in his arsenal is to tout and then turn around and short. However he may be genuine in this instance however he too makes mistakes anyhow.

#3 I don't know anything about the Iran situation and I assume neither do you, you're just quoting some articles but do you have any actual proof that is what Iran is doing?

Also forgot to mention crypto community has a long history of fake news, fake articles, fake volume. So I would not just blindly believe it. I notice tho, you guys seek validation like your life depended on it.

I watched the interview as it aired. Stan basically said he was starting to warm up to BTC and was dipping his toes in the water but he made it clear he had a strong preference for gold between the two. I didn't read it in any way as an endorsement of BTC over gold, quite the opposite.

That being said, you're preaching to the choir. I agree that BTC has massive potential upside and am HODLing myself. I also think that gold has a lot of upside and its track record spanning thousands of years speaks for itself. These should be ideal conditions for it to thrive in the next few years. I'm happy to be exposed to both.

Hi .
About any coins ( silver ,gold)
Any reason to buy new coins when a special for older coins ?
At what % reduction you think it start make sense to get the old one instead knew one ?

As soon it’s cheaper ? Even 1$

Reddit is starting to learn about the JPM manipulation of Silver via SLV, tomorrow is gonna be big.

Silver futures and SLV way out of whack right now. SLV typically trades about 2 bucks below SI price and right now SLV 2 bucks above SI. I expect this gets hammered back into line first thing in the morning since SLV is just a paper asset and SI actually delivers real silver.

Good to know. Thanks, mrbaseball. You still have a taste / looking to get more of one?

Just as I posted this it starting coming back into line although still too wide. They are gonna learn they can't really push around SI with SLV etf.

Yeah I have small positions in both slv and some slv call spreads. But if I was still trading firm money with lots of margin capital I would be all over the SI/SLV arb as big as I could. My biggest professional winner (posted somewhere in this thread) was big arbs on SI calendar spreads when it got so out of line with the last bubble. Took a while for that spread to come in but I just kept rolling and holding until it got back to cost of carry which is what futures calendars always eventually get to. When they get stupid you just have to do them.

I doubt this group has the coordination and the money to push the silver market. One day the market will but it won't be WallStreetBets, it will be your neighbor, your brother, your cousin. If they want to try they must demand delivery and continue to do so while holding. They might be able to blow up that stock $AG tho, Neumeyer is secretly loved by the investors and other Ceo's.