@blitzdude said:
Silver was just over $28 at the start of this "squeeze" now it's under $28. Doesn't seem like much of a "squeeze" happening to me. Premiums up (mostly on ASEs) but that's simply because the mint hasn't produced one in nearly 2 months. Premiums will decrease soon. Guaranteed.
The squeeze was put on physical not your imaginary metal. Physical continues to respond in both supply and demand. Even the COMEX vault supply is dwindling.
@blitzdude said:
Silver was just over $28 at the start of this "squeeze" now it's under $28. Doesn't seem like much of a "squeeze" happening to me. Premiums up (mostly on ASEs) but that's simply because the mint hasn't produced one in nearly 2 months. Premiums will decrease soon. Guaranteed.
The squeeze was put on physical not your imaginary metal. Physical continues to respond in both supply and demand. Even the COMEX vault supply is dwindling.
But why would i cut them into 1000 cubes? You keep saying things will collapse and there will be true price discovery. It is better to own 1000 oz in a bar or 800 oz in ASEs? Wouldnt you want more oz if you really thought the price was going higher?
I can’t speak for Derry, but for my physical silver holdings, I prefer smaller bars over 100oz or larger bars. It’s simple economics to me....If/when prices jump, it’ll be easier to find a buyer with cash to buy a 10oz bar over a 100oz bar. There’s a much larger pool of potential buyers (using $50/oz) who can pull together $500 compared to $5,000.
@DrBuster said:
Yes the reddit boys like to show off, apes pound the chest hard
I feel bad for most of them. The majority are new to the game and have no idea that when they go to sell they won't be recouping those insane premiums they just paid. They'll need gutter to go up 40-50% from here just to break even.
Why is it necessary to repeatedly call silver by the name "gutter" or "gutter metal"? It's irritating and it makes you sound ignorant.
Trolls gonna troll.
Guy's stories never hold up. Look through his post history. All of his positions are obviously fake and he can't keep track of his lies. Not sure if you remember, but he's selling all his gutter metal at $30, but not physical $30 if you press him, the fake $30 that has no bearing on the coins he doesn't own.
Not sure if you're aware, but, new communities have absolutely toasted this forum. It's really a sad example of what Fear, Uncertainty, Doubt can do to a community.
Ever wonder why there are 250,000 redditors new to silver but nobody ever joins here? Just bans in the same forum, baited by the same people, who say the same boring shit and propaganda talking points, who post the same fake links to manufactured websites.
I knew things were bad when I saw a screenshot of dozens of twitter bots posting the same thing these guys regularly do.
I find it hard to believe PCGS doesn't see these people baiting their members into bans or posting the same false, boring shit for the last few years. My best guess, then, is they're complicit, which is why I stopped submitting coins to PCGS. Being blissfully unaware only gets you so far.
Comments
What a garbage forum this place is.
Does @PCGS_SocialMedia just not care?
A quarter million people chose new communities over this place.
c ya
Stranger by the day brothers and sisters, stranger by the day. Peace!
The whole worlds off its rocker, buy Gold™.
I can’t speak for Derry, but for my physical silver holdings, I prefer smaller bars over 100oz or larger bars. It’s simple economics to me....If/when prices jump, it’ll be easier to find a buyer with cash to buy a 10oz bar over a 100oz bar. There’s a much larger pool of potential buyers (using $50/oz) who can pull together $500 compared to $5,000.
Trolls gonna troll.
Guy's stories never hold up. Look through his post history. All of his positions are obviously fake and he can't keep track of his lies. Not sure if you remember, but he's selling all his gutter metal at $30, but not physical $30 if you press him, the fake $30 that has no bearing on the coins he doesn't own.
Not sure if you're aware, but, new communities have absolutely toasted this forum. It's really a sad example of what Fear, Uncertainty, Doubt can do to a community.
Ever wonder why there are 250,000 redditors new to silver but nobody ever joins here? Just bans in the same forum, baited by the same people, who say the same boring shit and propaganda talking points, who post the same fake links to manufactured websites.
I knew things were bad when I saw a screenshot of dozens of twitter bots posting the same thing these guys regularly do.
I find it hard to believe PCGS doesn't see these people baiting their members into bans or posting the same false, boring shit for the last few years. My best guess, then, is they're complicit, which is why I stopped submitting coins to PCGS. Being blissfully unaware only gets you so far.