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

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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    derrybderryb Posts: 38,570 ✭✭✭✭✭

    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

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    percybpercyb Posts: 3,339 ✭✭✭✭

    Why would he announce such a thing?

    "Poets are the unacknowledged legislators of the world." PBShelley
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    pmbugpmbug Posts: 117 ✭✭

    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

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    dcarrdcarr Posts: 10,092 ✭✭✭✭✭

    @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).

    .

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    jmski52jmski52 Posts: 23,966 ✭✭✭✭✭

    Those are freshly-poured bars!

    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
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    pmbugpmbug Posts: 117 ✭✭

    @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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