Gold at $25000. Silver at $600.

I am happy, I hope it drops 15 dollars so I can reload
 
jpc said:
Where is the metal for the paper?
That seems to be the problem.
Click to expand...
That remains the problem. Over 900 million paper contracts dumped today so far. Apparently these have been rolled into the March contracts, kicking the can down the road and putting off the official short squeeze till 2026. But this is a problem with no solution for the shorts. That game has been badly exposed.
 
Despite the fact that silver has now broken the $64 barrier -- and the silver well in London is running close to empty...with very elevated lease rates...the gold/silver ratio remains at a farcical 69.5 to 1 as of the Friday's close. The 'normal' and historical ratio is around 15 to 1...which would put silver at about $286. And if priced at the ratio of 7:1 that it comes out of the ground at, compared to gold...that would put silver at around $614 an ounce. So a triple-digit silver price is in our future -- and all that remains to be resolved is what that number will be -- and how soon 'da boyz' allow it to happen.
Click to expand...

silverseek.com

A Massive and Premeditated Bear Raid

Despite the fact that silver has now broken the $64 barrier -- and the silver well in London is running close to empty...with very elevated lease rates...the gold/silver ratio remains at a farcical 69.5 to 1 as of the Friday's close. The 'normal' and historical ratio is around 15 to 1...which...
silverseek.com silverseek.com
 
I read the long article posted bt @PlunkettsGhost and learned B of A is short, JBM are long.

It said there are 7 other big shorts but did not name them and might be overseas
 
Declan said:
I read the long article posted bt @PlunkettsGhost and learned B of A is short, JBM are long.

It said there are 7 other big shorts but did not name them and might be overseas
Click to expand...
Woops.
And they sre short big time I'd guess
 
One billion ounces according to the article.

Annual production I think is a little less than a billion ounces!!!!!
 
Declan said:
One billion ounces according to the article.

Annual production I think is a little less than a billion ounces!!!!!
Click to expand...
400 million shortfall .per annum. I stand to be corrected.
 
PlunkettsGhost said:

View: https://x.com/davidbateman/status/2000288857569595756
Click to expand...

400 million ounces shortfall per annum.
That cannot be papered over.
The market has been rigged since the Hunt brothers tried to corner the market for silver in 1980.
As it stands the jump in prices will play hell with the electronics, pv and ev industries.
There's a genuine revision of the price of silver occurring.
Back in 2010 the price tipped $42 briefly.
Due to the shaking economic situation.
If silver prices were linked to inflation only from this point its about $62.
Adjusted for its 1980 high it needs to hit 170 dollars.
 
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I'll take it. Things were looking sideways all day after the initial gap up
 
IMG_5456.png
 
Looks like Ripple is in trouble.

I expect some serious excitement tomorrow
 
I took more profit and rolled out to next year and a strike of 110 on silver. It will either go parabolic now or collapse
 
Tell me about it. Again I sold too soon, but luckily I rolled them over at a higher strike and more time.

I am going to stick with it now, I waited a long time for this.
 
HL to 70dollars as the Sniper says makes sense. So I will play that trajectory. It is $19.50 at the moment
 
Things are turning nasty at Noon today
 
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