FYI: David Bateman (Former Entrata CEO) bought 12.69 million ounces of silver.

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SilverPlatinum
SilverPlatinum Posts: 350 ✭✭✭✭
in Precious Metals

FYI: David Bateman (Former Entrata CEO) bought 12.69 million ounces of silver.
Link on Twitter: https://x.com/davidbateman/status/1906685544953762109

🙂This is the photo of his silver bars which he bought direct from the exchange:

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  • derryb
    derryb Posts: 38,604 ✭✭✭✭✭
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    Hope he pulled it from the COMEX vault.

    Government is the great fiction through which everybody endeavors to live at the expense of everybody else. - Bastiat

  • percyb
    percyb Posts: 3,339 ✭✭✭✭
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    Why would he announce such a thing?

    "Poets are the unacknowledged legislators of the world." PBShelley
  • pmbug
    pmbug Posts: 117 ✭✭
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    The photo is actually just his last delivery of 1.3M toz:

    https://x.com/davidbateman/status/1905386150275002467

    His total silver stack is ten times what you see in the picture.

    Yelling at clouds on pmbug.com

  • dcarr
    dcarr Posts: 10,255 ✭✭✭✭✭
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    @pmbug said:
    The photo is actually just his last delivery of 1.3M toz:

    https://x.com/davidbateman/status/1905386150275002467

    His total silver stack is ten times what you see in the picture.

    .

    If those are 1,000-troy-oz bars, the photo shows a total of 600,000 troy oz (less than half of the supposed 1.3 million troy oz).

    .

    Moonlight Mint
  • jmski52
    jmski52 Posts: 24,011 ✭✭✭✭✭
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    Those are freshly-poured bars!

    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • pmbug
    pmbug Posts: 117 ✭✭
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    @dcarr said:
    If those are 1,000-troy-oz bars, the photo shows a total of 600,000 troy oz (less than half of the supposed 1.3 million troy oz).

    Right. Sorry. The photo is part of his last delivery. Total stack should be 20x what's shown in the photo.

    I asked him if he enjoys sailing. He liked my post, but didn't answer.

    Yelling at clouds on pmbug.com

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