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Reddit Investors Piling Into Silver Drive Up Prices a Second Day

solarion

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1612125439048.png
 

BackwardsEngineeer

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Ode to Hawkeye, budfox, silver sammie, even Gcubed .... long time coming, pray the youngsters margin their Xbox from dad's basement and take the banks down. Buy enough that it hurts hauling it down the stairs, have to stop three times bringing it back up...

I'm old and feisty, tired of 50 years of groundhogs day... f em and feed em beans

 

<SLV>

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When I signed up at GIM as <SLV> it was prior to the ETF launch date. I fully expected back then that ETF demand would skyrocket the spot price and had loaded up on physical. Didn't really pan out.

But NOW... this could be the moment we have all been waiting for.
 

GOLDBRIX

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FRESH:
 

anywoundedduck

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With all do respect, this guy is a shill, and more than likely short silver in one of many ways. Trying to dissuade investors from buying at this crucial time. He admits he is going to be selling Monday morning, which means he has already been selling. You are listening to the enemy.
 

ds_mustang

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With all do respect, this guy is a shill, and more than likely short silver in one of many ways. Trying to dissuade investors from buying at this crucial time. He admits he is going to be selling Monday morning, which means he has already been selling. You are listening to the enemy.
He runs a coin store. When he talks about selling, he's selling coins to the public.
 
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Hey guys, long time no see.

Could this be the event we've been waiting and holding for? Interesting times ahead.
 

GOLDBRIX

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I don't know what tomorrow may bring but one auction tonight SAEs @$36.00+ already. Canadian and Mexican $30.00+ and the action won't get hot for 5 hrs. from now.
 

anywoundedduck

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He runs a coin store. When he talks about selling, he's selling coins to the public.
As I said, you are listening to the enemy. He is low on inventory, and thus wants a chance to build it up before its too late. Well buster, it is too late, I have been holding mine for 20 years, so it is about fucking time.
 

gringott

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fuck that guy
 

oldgaranddad

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That is the irony in all of this. We have complained about the manipulation and price surpression for years. Wouldn't it be ironic if it turns out they were doing us a huge favor all these years?
If this works and the manipulation stops then we’ll have real and full price discovery for the asset.
 

GOLDBRIX

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As I said, you are listening to the enemy. He is low on inventory, and thus wants a chance to build it up before its too late. Well buster, it is too late, I have been holding mine for 20 years, so it is about fucking time.
I've been holding some since '86. Yes ,the guy SELLS ,he is a coin store. I thought someone closer to the action may be of interest.
OBTW: He does say at the very beginning he just came back from a coin show and prices were UP. More information. Do with it as you wish.
 

Goldhedge

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Hey guys, long time no see.

Could this be the event we've been waiting and holding for? Interesting times ahead.
A Black Swan event?
 

GOLDBRIX

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That is the irony in all of this. We have complained about the manipulation and price surpression for years. Wouldn't it be ironic if it turns out they were doing us a huge favor all these years?
THAT is exactly how I have been playing it. "ATTENTION K-MART SHOPPERS, The store is about to close".
 

gringott

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It's a pink swan with green sunglasses.
 

DHAWK

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Will a silver rush from retail investors be enough to set the short sellers? Investment silver has sold out a few times already.
What about the commercial market?
 

Goldhedge

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FWIW found on Twitter:

Those poor bankers...

I feel for them just like they feel for me.

When you have no job and you need money they won't lend it to you.

When you don't need money they beg you to borrow from them.
 

GOLDBRIX

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Fake or not, that's exactly what they'll do. Convince Biden to enact an EO to confiscate all PMs. JUST LIKE BEFORE.
That is what I'm afraid of.
 

D-FENZ

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Will a silver rush from retail investors be enough to set the short sellers? Investment silver has sold out a few times already.
What about the commercial market?
Silver is silver. It's the same stuff.
 

gringott

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Looks like that is just the beginning.
 

oldgaranddad

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It's a pink swan with green sunglasses.
Don’t laugh. You may have just coined a new term. No one has seen or thought about this type of event.

How many economists are now in a video call, drinking heavily, trying to figure out how to spin this in order to save their jobs.

Banks, brokerages, clearing houses, market makers and the federal reserve are going to be called on the carpet that even their bought and paid for congressional shills can’t hide.

Already there will be hearings about Robinhood preventing its customers from buying GME in clear violation of exchange and SEC rules.

Pink swans wearing green sunglasses drinking pina coladas doing the samba might be a truly apt term for what is happening.
 

oldgaranddad

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Why don't they just dump a bunch of paper silver on the market--like they have always done...?
Too much attention to get away with it.
 

oldgaranddad

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I can't even get in APMEX right now. Keep getting a 522 error that their server has timed out.
Too many barbarians at the gate looking to get that barbarous relic.
 

ds_mustang

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I can't even get in APMEX right now. Keep getting a 522 error that their server has timed out.
Yeah it took me a couple tries to get a connection. And that was probably before most people knew it had opened up again.

Though honestly I think this will die down in a couple days. This isn't being pushed by WallStreetBets, it's just a rumor. People at WallStreetBets seem to think it's hedge funds trying anything to get the public to put their money into something other than GameStop.
 

Scorpio

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I look at it this way, and always have,

the big boyz will be on our side when the time is right for a move,

you are not getting them with their pants down, etc.

a lot of big boyz made huge dough off gme also,

people are missing that detail

one of them had like 17M invested, and cashed out at over 252M
 

anywoundedduck

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Yeah it took me a couple tries to get a connection. And that was probably before most people knew it had opened up again.

Though honestly I think this will die down in a couple days. This isn't being pushed by WallStreetBets, it's just a rumor. People at WallStreetBets seem to think it's hedge funds trying anything to get the public to put their money into something other than GameStop.
Go back to buying g bitcoin man. Why are you here?
 

anywoundedduck

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I look at it this way, and always have,

the big boyz will be on our side when the time is right for a move,

you are not getting them with their pants down, etc.

a lot of big boyz made huge dough off gme also,

people are missing that detail

one of them had like 17M invested, and cashed out at over 252M
I am glad they are making money, as long as I am, so what's your point.
 

EO 11110

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Why don't they just dump a bunch of paper silver on the market--like they have always done...?
they will. when the timing suits them and theirs
 

Scorpio

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I am glad they are making money, as long as I am, so what's your point.
you jest right?

the whole mantra is they are going to 'stick it to the man' gonna pick their pockets and drive them out

now sure there will be some losers, my point is there are some big winners there also, and some of those just got a whole lot more ammo to trash you with