Gold at $25000. Silver at $600.

I could watch this all day, about 7 yuan is a dollar
 
The deflation crash is on now today
 
What NOBODY is expecting is imho happening. Deflation, bitcoin coud go below $70000 here
 
Declan said:
What NOBODY is expecting is imho happening. Deflation, bitcoin coud go below $70000 here
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Very selective deflation.
Some Asset classes maybe.
But essentials food stuffs especially aren't dropping soon.
Domestic energy especially here with all the green bollox taxes.
Add in wages haven't/ aren't increasing in real terns for a long time.
 
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I went by my nearby coin shop last friday, he told me that people bought the silver and he was basically out of stock. I will go by tomorrow and get an update and will make a video.
 
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Declan said:
I went by my nearby coin shop last friday, he told me that people bought the silver and he was basically out of stock. I will go by tomorrow and get an update and will make a video.
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Intresting to get a perspective from the ground. Is it there in the shops or not?
 
IMG_5660.png
 
Yes, we have deflation here now . I am exiting gold and going into silver
 
I had a serious good day today. Thank ne of my many shorts s IBM, down $34 or 13%
 
Don't bet more than you can afford to lose!

How's the blizzard? They said even the NY subway was closed because of snow. But isn't the subway underground???

Does this report make sense? Are the banks in distress?


Forwarded from Royboy17 (Roy Davies)

* As expected to get an ounce of physical silver out of the Shanghai exchanges will cost $104.

* Remember that is the price to take silver out in physical form.

* If tomorrow say the benchmark for silver is $100. Then the price for taking hold of it, the price you pay would be $123 per ounce.

* The added extras are VAT and other premiums that only come into play if you attempt to take the physical ounce out of the Shanghai exchanges.

* The arbitrage spread would be $35.22 per ounce.

* Divergence day arrived. Arbitrage is over $10 per ounce. The 'City of London' banks are in extreme distress.
 
And the shares were going up as it the metal itself was rising.

I foolishly sold a lot of HL recently in order to shirt the market. But I should be content. I made a lot of money going up, but a fraction of what was theoretically possible. But I was mostly lightened up when it crashed.


I have jumped on a brand new stock for me PAAS and will conservatively average up. Swapping from gold into silver is my opinion here.

The masses , are reluctant to buy a gold coin at $5500.

However, they are not overly eager to buy a silver eagle at over a $100 either.

The premium on a silver eagle is basically $20 over spot now and the last day I was in the store, a lad was selling small gold coins and buying 10 ounce silver bars.


Maybe he is smarter than me.
 
Very nervous as the market opens in 45 minutes
 
So far so good but it is a long way to 9.30 am
 
Is this true??? From Symbolism in my city.

Trump Declares National Emergency Orders FULL SHUTDOWN of the Entire US Stock Market [Washington AP] President Donald Trump has just invoked the International Emergency Economic Powers Act (IEEPA) and ordered the immediate and complete trading halt of the New York Stock Exchange (NYSE), NASDAQ, and every major U.S. exchange. In an emergency national address, President Trump stated:

“An unprecedented threat to the American financial system has been detected. To protect the assets of the American people and our national security, I am ordering the immediate closure of all trading.” This is the first time a U.S. President has shut down the entire stock market since the 1933 Bank Holiday 93 years ago.
The White House confirms the markets will remain closed until the system is fully stabilized.

ALL STOCK TRADING IS NOW STOPPED.
 
There is some intolerable codology with regard ds the markets over the past few months. The most watched lad on utube is actually AI. Asian Guy talking up silver.


The initials being the chemical symbol for silver
 
I do a war video daily. I might focus on the market tomorrow
 
Diarmuid said:
Thanks for clarifying. Strange that someone would put out such an obviously false story.

Just goes to show: don't believe everything you see online.
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Stuff is so easy to fake now.

War Videos / Anything ! ! !

And it's Not as if the, Political Establishment / Other Establishments, could ever be trusted anyway !
 
Use the tech. Reading is ten times faster than listening. Get a computer to transcribe the speech. They are 99% accurate, once they get the hang of your accent.
 
Declan said:
Rubbish
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I was expecting to see some kind of stock market crash overnight, but the S&P was up... How can that be, admittedly tech defense companies will do well etc, but surely stock markets in general should plunge during uncertainty caused by this war!? People will cut back on spending, employers cut back on recruitment, even the fact this sojourn in the middle East will cost the us taxpayers billions, perhaps even a trillion dollars? What am I missing?
 
It is all fitted ng into place now. The employment report is a disaster and the rug pull is on.
 
Perry said:
I was expecting to see some kind of stock market crash overnight, but the S&P was up... How can that be, admittedly tech defense companies will do well etc, but surely stock markets in general should plunge during uncertainty caused by this war!? People will cut back on spending, employers cut back on recruitment, even the fact this sojourn in the middle East will cost the us taxpayers billions, perhaps even a trillion dollars? What am I missing?
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The Stock Market has entered the 4th and final phase of Jean Baudrillard's simulation. The fake markets have become more real than realty itself. A self referential, and cyclical self identifying success story that has lost all connection to the real world. The markets no longer need fundamentals or realty to set prices. The chart is the only thing that matters now.
 
PlunkettsGhost said:
The Stock Market has entered the 4th and final phase of Jean Baudrillard's simulation. The fake markets have become more real than realty itself. A self referential, and cyclical self identifying success story that has lost all connection to the real world. The markets no longer need fundamentals or realty to set prices. The chart is the only thing that matters now.
Click to expand...
Even before the war, I was easing up on on the silver play. I lost money the days after silver crashed, but nothing compared to what it might have been, I had had started shorting stock and easily absorbed the metals loss.

I had concluded that the evonomy was far far worse than realized and that was shown on Friday with the employment report . Selling short HD and LOW in particular and the AI related stock. Take Nvidia for example, market cap of 4.7 trillion dollars, needing a giant extra 47 billion dollars to rise 1%.

I have been right so far, and the war might be a disadvantage to me n fact. A steady deflation would suit me as a short seller to increase my short positions as the market goes down. Now of course, there could be a massive whiplash at any time.

But we could go into a deflationary collapse Monday and Tuesday if the war goes south.


But mark my words, I have been selling gold and buying silver. I have been buying small amounts of silver stocks. Having sold Puts on HL which went against me, a large number of HL shares have been assigned to meat a loss (at the moment ).

But the big play coming up if it can be timed right, is to buy far out of the money Calls on silver with a short duration, just one to two weeks, they will be very cheap and high risk.

It depends on silver rocketing, and I timing it right. Timing exactly is virtually impossible so I would do so in stages.
 
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