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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Comments
Hope he pulled it from the COMEX vault.
Velocity, Not Valuation Defines A Bubble.
Why would he announce such a thing?
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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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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Those are freshly-poured bars!
I knew it would happen.
That's just a little bit bigger than my stack.
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