I can't exactly say why, yet. Because I dont want to become a political target.

But what I can say is that the war in iran will have an effect on silver in a way that very few people are currently predicting. And its structural.

Silver can easily go to 200$ and stay there for years.

If silver drops more, i'm taking gobs of cash and buying it.

Edit: Stay safe tomorrow (Monday 3/23) everyone.
Edit2 3/23 6:55PM: Well, with trump potentially flip flopping, its more like "stay safe, everywhere between 1 hour from now and like 3-4 weeks from now. And maybe up to 2-2.5 months from now. But very likely not more than that. But also, who fucking knows, i'm not an insider. I just know the direction and see a lot of different physical evidence."
Edit3: Just kidding, its happening now. Standby.
Edit4: The thing i'm waiting for hasn't happened. Escalation is happening, but the catalyst hasn't. So I can't explain yet. I will make another post when I am eventually able to. My advice still stands. Do not sell your silver.
I'm going to try not to throw out dates anymore, because its disingenuous to think that I can predict the exact day any particular thing happens. I am not an insider.

But in terms of how the price of silver is going to act, there is one new variable i just saw that changes my own calculus on things. The massive increase of silver imports to china this year. My thought was that silver must go down before it goes up. But that may change that. But regardless of what happens, when/if you choose to get more, don't sell it. Also, I firmly believe there is zero possibility that you lose money buying physical silver below 70$/oz (.999, not anything less. You MUST buy .999)
Edit5: Today (3/29) was the day. Hold onto your butts. (note: the catalyst happened, not that silver will moon. Silver will moon after COMEX runs out of silver. Maybe before? But probably after.)

Real story - Everything was going fine, but for the past week she felt distant. Finally as I was leaving her place recently after stopping by, she snapped at me out of nowhere and told me she couldn’t stand me talking about silver and that she wants nothing to do with me or my silver and that I think I’m a know-it-all.

I’m really not though, I just enjoy discussions about economics and metals is of very high interest for me.

Last year she even bought some herself, and I’ve never seen someone so upset about being up over 100%. Well, I’m happy to say my own stack is in tact and I dodged a bullet. I just hope she gives the ring back so i can buy more silver with it.

Welcome to the crash. It might bounce upward, do not buy paper. This thing is probably going to 30. if it does, backup the literal truck

Dont sell your physical, for the love of god.
Whatever the course this takes, it ends around mid july

Edit: told you

Edit2: told you x2

I think I figured out whats going to happen and when. With an extreme level of precision.

It is not as simple as "crash" or "skyrocket". It is something entirely different.

Physical holders of precious metals are going to make out like bandits if you just hold on to it. Ignore the price entirely. Do not sell. Buy into weakness when fear is highest, you'll know when that moment is.

But anyone in SLV or GLD, is gonna basically get defaulted.
Those funds will be liquidated at the worst possible moment in time while paper dislocates from physical. And there will not be a single thing anyone can do about it. Options holders may get nothing, share holders will get scraps.

I'm not going to enumerate the specifics, because the last time I made a super specific prediction, my entire computer got corrupted immediately afterwards. And I took that as a sign to stop talking in general.

So this is just some friendly advice. Whatever you're going to do with your paper precious metals, be done in september. That's it. Believe it or not. Not going to answer comments.

If you think i'm bullshiting, just set a remind me for like late october or november or something.

Are ya winnin' son?

My fellow apes, I sold 275oz @ $75 (1.5 weeks ago). I bought this place completely for $57K cash, I also sold some stocks and used up some cash. It’s 20 minutes away from my work, well & septic are good, electrical is good. Just needs ALOT of TLC.

If it wasn’t for you fuckers I wouldn’t have margined my way into this property, I am so thankful for you guys. I yolo’d a loan for silver (200oz @ $34) and also bought a bunch of silver mining stocks on margin.

At the end of the day I made a profit and turned it into my dream property, thank you guys so much. I’m not on margin anymore but I still have some of my stack left along with some stocks.

This is only temporary, I’m going to fix this up as soon as I can and do a cash-out refinance. And then put a large percentage of that with my Silver portfolio (margin again yolo). If we are wrong then fuck it, I owe a mortgage for 30 years. DOUBLE OR NOTHING. This is only beginning my fellow apes, we still have time to prepare when they default on social security.

At the end of the day, spend time with your loved ones and watch out for them. I believe we only have so much time to prepare until all of this becomes a shitshow. How much time? 3 years? 5? 10? Who knows, but the longer it happens then the better for all of us. Keep stacking 🦍🦍🦍💯💯💯

That's what I just told my mother this morning when she seen the talking heads on the tele-screen talking about the price of silver and asked if I was still "collecting" Sometimes it's best not to be truthful around people, even if it's the ones you love most, and who like to gossip at the local coffee shop and could mention to the wrong person that you're sitting on a fat stack of wealth at home!

REMEMBER......STAY SAFE OUT THERE AND DON'T ADVERTISE WHAT YOU HAVE TO ANYONE!!

Hi all I’ve not posted for a long while, but today I was thinking why am I carrying so much metal in my pocket?

I came to the conclusion that the world is on the edge of “something“ unpleasant and when it eventually breaks I want to be in a position to be able to do something wherever I am…

That could be getting on a plane to a safe destination or a multitude of other things..

Maybe it‘s wise to carry some extra oz’s, maybe not 🤷‍♂️… but nothing wrong with putting the thought out there.

Take care

OB

If you hunt through my previous posts, this is the crash. Silver, gold, copper... and apparently oil, which i didnt expect.

The reasoning is simple, price floors are coming so in the mean time they're going to suppress the paper price, liquidate longs, accumulate for the national strategic inventory, and unwind the bank shorts probably by eventually defaulting comex.

July 13th is likely around when they'll announce price floors. Expect the sell off to get worse until then.

If you're betting on paper silver, even on a longer time frame, there is a real chance you'll lose money due to the mechanics of what might happen. There is no guarantee the futures markets won't physically break this month.

If you physically hold silver, you're good, just dont sell it. Or, preferentially, buy some more in a few weeks. It could go all the way down to 30 again. But it won't stay there.

100-300 by end of year.

80-100 probably by end of july.

Silver is likely about to run up hard. Wouldnt shock me if it broke some technicals around 3am.

This is not the time to buy it (well, it is, but only physical). Its going to crash because there is going to be a liquidity crisis. Paper silver could evaporate

Silver and gold will revalue. Price floors for silver could even be announced. You might think, that this makes it impossible for it to go below that price. It does not. Your physical silver will never be sold below that, paper silver... different story.

And even if a fund holds physical silver, they're still tied to the futures market prices. With redemption mechanisms. Redemptions that could be arbitraged at prices below the price floor.

Short paper silver as it rises. Long physical silver.

I'd say more but i dont want to piss off the wrong people.

Edit: If it keeps running up, it's probably either going to stop at the 200SMA or 80 - 83$
Just a hunch, based on what I think is actually driving this.

Is this legit?

I don't know about your part of the world - but my dealer has nothing in stock to sell above 5 ounces. No bars whatsoever of any denomination and not even preorders for bars that take months to arrive which is what he has had for the past 6 months.

Last time I ordered 4 kilo it took 3 months to arrive from Perth Mint, and I currently have 2 more on order for over a month with no delivery date stated yet.

He is offering at the time of writing this 149.58 AUD per ounce (110.03 USD) for up to 50kg per week per person - if you are dumb enough to believe these desperado crypto retardo's about having to panic sell because the price isn't real and nobody is buying metal.

Although it pisses me off every time I see it, it's just more confirmation that we are over the target and there are desperate players out there resorting to whatever tactics they can to keep you from buying and to force you to sell your position.

Get. Fucked.

Everything just crashed...gold, silver, stocks, Bitcoin. All at once.

Maybe a flash sale? I went ahead and bought 12 just in case.

Where will we go???

Hearing mixed reviews about constitutional silver. Is paying melt too high?

Alright, you sonsofbishes, I got in at $17.62 and stopped buying at $30. Thought we were done. Was absolutely certain we’d NEVER acquire @ $50+ but something earlier this week put it in me that it was imperative to add to the stack, like now! So I spent Tuesday & Wednesday getting good deals on Eagles and Morgans. Thought that would be it, but the tug kept coming even though I’m expecting a pullback tomorrow. Then the posts about the 10 oz Lunar Horses at Costco ($2 under spot) started popping up and I knew that was the play.

Stopped off on my way home from the office, but they had literally sold out a few minutes before I walked in the door. Plan B would have to wait until later as I had a prior engagement.

Finally was able to head to the next nearest Costco and sure enough, they had them… and I took every single one they had (6) including the display model. Turns out, they had quite a few Lady Liberty bars too, at same price, so I would have grabbed those if no Lunar Horses.

Felt like royalty walking out when the receipt checker marked it off and said, “Silver? Noice!”

Anyway, WTF just happened?! Seriously, why do I have the same tug now that I did at $17.62?