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[–] • 35 pts

Buy *PHYSICAL silver

[–] • 6 pts

...Is there another kind? If there is it sounds stupid.

[–] • 19 pts

Silver ETFs, Silver Deposits, Silver Calls, all of them retarded.

Silver isn't really an investment, it is an insurance policy.

If shit hits the fan, and all of your paper investments turn out to be just paper, you want physical precious metals with you. Not in your banks safe deposit. With you.

[–] • 3 pts

It is a store of wealth, and wealth is a store of labor.

[–] • 2 pts

It's not so much that it's not an investment; it's that, if you buy actual, physical silver, it's both an investment and an insurance policy, simultaneously.

Don't be lazy. Go find a good coin dealer. There ought to be at least one in a nearby city.

[–] • 0 pt

Most precious metals aren't traded as physical bullion. They're traded as metal backed certificates. The actual metal is in a vault somewhere, which you don't have access to.

[–] • 1 pt

"In a vault" lol no....That's why paper silver is leveraged at 250-500 per one ounce of real silver. They have been cheating and stealing by selling silver that doesn't exist.....

[–] • 0 pt

Which is why I keep mine underneath my mattress

[–] [deleted] • 1 pt

How much (portfolio wise)?

[–] [deleted] • 0 pt

1,000 ounces Troy of .999 is where I am at. "In hand not paper"

[–] [deleted] • 1 pt

lol, 980 to go.

[–] • 17 pts

the elites want this system to burn as much as the average person but for different reasons. They want it to fail because their next more lucrative system is ready to be swapped in and you guys are going to be the scapegoats when the current system goes tits up. Obviously, it's not the fault f the greedy fucks who took us off the gold standard and then printed money without restriction for 50 years so they and their rich friends could buy up the world... no of course not. The problem is these online right-wing terrorists who corrupted the already hopelessly fucked economy. Wasn't the lockdowns we implemented which LITERALLY shutdown 60% of the workforce... no it was those online conspiracy theorists and this is proof of why we need to lock them all up.

I'm not one to play into their agenda, but I foresaw this coming a long time ago. And for once their interests and ours are aligned... LET IT BURN. But then decide what you want when the dust settles. Do you want dystopia 2.0 or not? Your failure to be a part of the rebuild will be taken as a vote for the new dystopia.

[–] • 9 pts

But then decide what you want when the dust settles.

That's the thing, people can't even have their votes properly counted yet they think they'll be deciding on the new system? Americans are so naive. The new system is already designed and will wedge its Communist Despotic Enslavement self right in place immediately.

[–] • 7 pts

From a purely pragmatic point of view here, the reality is that when the systems are swapped, there will be a twilight period in between when their shields will be down to an extent. They know this and this is THE reason why they aren't keen on just letting the floor drop out on the dollar one day. They need to weave a narrative that will hopefully retain their control during this twilight period.

Additionally, it would be in our best interest to fan the flames of chaos at least a little, such that they get more chaos than they expected and planned for. This would also greatly help us. We are effectively in the worst position we could possibly be from a strategic perspective. This, however, has the advantage that literally the only things we can do to make our situation worse is, A) Do nothing. and B) Blindly go along with their entire plan. Anything we do beyond those two options gives us a better position. They have EVERYTHING to lose and we have EVERYTHING to gain.

The fact that they are priming us for the collapse narrative and getting scapegoats setup tells me we are getting VERY close to execution. Do not look at this as a bad thing because it gives us an advantage we haven't had in a very very long itme. It is my deepest hope that we do not squander the potential at our feet.

I say bring it, I look forward to the rebirth of liberty and the spirit of humanity.

https://www.hooktube.com/watch?v=2bguEiUgDA4

[–] • 0 pt

"The shields will be down to an extent". LoL you are so naive.

[–] • 3 pts (edited )

This man has the right take on this situation. It stunk to me from the beginning, especially considering that prop Elon Musk's heavy hand in the 'power to the people' shit.

I have been asking myself this question: finance subs like wallstreetbets have been with us for years. Why is it just now that we are seeing a group get together and 'meme' a squeeze like this? Theoretically the ability to communicate as groups between intelligent retail investors has been there for years. Why hasn't something like this happened before?

It is an interesting question. I cannot come up with any answer that explains why such a thing would not have organically arisen sooner in this meme culture that's been with us for some time.

I agree with you, but I just don't believe that we will have any hand in what replaces the current financial and political order. The replacement has been planned for years, and there are at least two things working against the people dictating things for themselves:

(1) the typical person lacks the skills, knowledge and fortitude to ride out any kind of latency in forming a new economy; this refers to self-sustenance in lieu of the current system crashing without an immediate replacement

(2) if you asked 99.9% of people what we ought to do instead, they'd have no rational answer; people today are cattle that are guided through the farm of life by a certain status quo

[–] • 3 pts

It is "possible" that this short squeeze spawned naturally. It is also possible that it happened now because more people have been awakened in the last few years than before. These people then got together and wanted to do this suddenly.

The problem is that I no longer see it wise to allow even a single atom of my being to doubt the powers of influence the system has at its disposal. And on that note, it is interesting to see how the MSM is not blacklisting this story. This tells me they want the public to take down this Emanuel Goldstein figure that is this hedgefund. They want this to happen and because of this the only question worth pondering is "Why?"

If you know the larger agenda and goals it's easy to see they want a controlled demolition of the US Economy. Think of it like this. When they orchestrated 9/11. They could have chosen to simply put enough C4 into the buildings to ensure they collapse. But THAT'S NOT WHAT THEY DID. What they did instead was to put CONSIDERABLE effort and resources into bringing the towers down in a controlled manner. Ensuring they only had the collateral damage they needed or wanted.

[–] [deleted] • 2 pts

You're depressing me bro. Why? Because I know you're right.

[–] [deleted] • 1 pt

It’s only possible to perform a squeeze like this right now because this is the first time they’ve been that organized at the same time that a hedge fund has been that spectacularly stupid. Melvin and others took out enormous short positions, and advocated very publicly to screw a struggling company so they could make money.

It wasn’t hard to get a coordinated effort to fuck over some asshole bankers and make a shit ton of money doing it.

That’s why just now. It was a convergence of a lot of factors that doesn’t happen often and won’t likely happen again.

[–] [deleted] • 2 pts

I don't think this is grassroots even though it's being portrayed as such. B1-66ER above asks a very pertinent question: why isn't the MSM burying this story? Why instead are they trumpeting it on every financial channel out there?

This is classic example of herd manipulation and demoralization. A few billion here and there is NOTHING to the TPTB. Having a hedge fund manager literally cry on TV and say he's upset because he "cares" is the elite mocking us. You have to understand, these people are narcissists and psychopaths that get off on shoving increasingly unbelievably ridiculous stories down our gullets. They laugh when we move in the direction they know we'll move in. It's a game to them.

Read billionaire Cohen's tweet that says he's just a guy making a living:

https://www.marketwatch.com/story/hedge-fund-manager-and-mets-owner-steve-cohens-twitter-account-deleted-amid-gamestop-backlash-11612019557

All of it is pure theater, written in Langley. I don't buy this wsb shit for a second. That doesn't mean there isn't money to be made in the squeeze but then what difference will it make when the dollar collapses?

[–] • 0 pt

Why is it just now that we are seeing a group get together and 'meme' a squeeze like this? Theoretically the ability to communicate as groups between intelligent retail investors has been there for years. Why hasn't something like this happened before?

Because never before has the vast majority of the world's population been forced into "lockdowns" for a year straight. What do you think those people were doing with the time they normally dedicated to work? Shitposting, reading, memeing, etc.. But they also had time to learn about things. To your average American, just saying the words "stock market" will send them into a tailspin of confusion- how does it work? What exactly is it? Most Americans don't have the time to research these things, because they were busy providing slave labor to the (((people))) who used the stock market.

But now, a handful of autists made sense of the stock market and trading in a way that a typical American can understand. And the government just handed them $600 of their own money back to them. So why not make an investment or two?

This is sort of "Occupy Wall Street 2.0", except it is actually effective and creating results besides looking ridiculous. With the OWS movement, people thought that their physical presence outside of the trading buildings, making a lot of noise and such would have an effect. It didn't. A decade or so later, those OWS folks have grown up and made some money.... and they understand things on a more mature level. This is OWS: The Revengening.

[–] [deleted] • 0 pt

The first step is bringing the government down, the next step is using the opportunity to go hunting. Find the fuckers, shoot on sight, get them in the head, neck, and chest, maybe use a knife to make sure they are dead, get one live, you might make him suffer for the evil he had wrought upon you and yours, but better to just cap him in the head, neck, and chest.

[–] • 2 pts

If only you redirected that creative rage at building a better society with other people.

[–] • 1 pt

Eliminating satan worshipers is building a better society. Unfortunately the cycle repeats.

[+] [deleted] • 0 pt
[–] • 0 pt

That make a lot of sense. Fuckin scary man. How much time have we got to shift our stonks into real assets do you think? Some say 6 months to a year, seems like it might be sooner though.

[–] [deleted] • 0 pt

This exactly. It is all coming down. What our thoughts and hearts focus on will be what we create. Don’t let them com have you focusing on fear. Focus on what we want to replace this old system.

[–] • 15 pts

We own fuck all - so what difference does it make to us if the privately owned federal reserve fiat currency fails. They are the bindings on the human race - so let it fucking burn. Let us go back to constitutional currency - gold and silver and let the bankers settle THEIR debts with THEIR creditors. GOD SPEED!

[–] • 12 pts

"America will be destroyed." It already is faggot.

[–] • 0 pt

I agree with your statement except for one thing, calling him faggot. You should have added a "nigger" or a "kike" to faggot to make it more palatable.

[–] • 10 pts

And DO NOT advertise to friends, family, others that you have a supply of silver in your home!!! (Same for gold but it's silver that we're focusing on right now.)

[–] • 2 pts

Lol no shit, Sherlock

[–] • 2 pts

You say that buy you'd be surprised (well, maybe not) at the number of people who will post on FuckBook "look at all the silver I just bought so I can make a fortune."

[–] • 1 pt

I have over 15K fiat in my safe right now. I'm okay with telling you this, because you don't know where my safe is. Who in their right mind would do the same but to people who know their safe's location? That is just flat-out stupidity.

[–] • 0 pt

That's easy when you are broke and don't have any.

[–] • 5 pts

Watch out goys millionaires will go bust

Colour me not bothered.

[–] • 3 pts

Buy lead.

[–] • 1 pt

Only useful if you get brass with it

[–] [deleted] • 0 pt

Silver may actually be cheaper at the moment.

[–] • 3 pts

lmao bankers whining about "destroying america" is already is for the real americans, not the kikes trying to siphon every last drop before our soul dries out

this is why kikes need to be genocided...they never stop, they never give quarter, they don't even have enough foresight to leave people with some dignity, they just try to take it all

so fuck em, jew genocide NOW!

[–] [deleted] • 3 pts

Where do you buy silver?

[–] [deleted] • 2 pts

Most of the online brokers are stopping sales because the squeeze is already starting to be felt.

https://www.goldeneaglecoin.com/buy-silver

I was able to buy some from these people last night but a bunch of others i tried wouldn't let me buy anything once you tried to check out.

[–] [deleted] • 2 pts

I'm going to buy some where I can. I have a few coins as well.

[–] [deleted] • 2 pts

me too i ordered a few 5oz bars and i have some coins ive been holding for a while.

[–] • 0 pt

Any recommendations for types of coin? I've never bought coins. Thanks

[–] [deleted] • 5 pts (edited )

Unless your a collector i just buy current dated coins for as close to the spot price as i can.

[–] • 3 pts

Obviously, you don't need to be dumping money into mint, graded, proof etc. collectible coins, you just need the weight. I recommend stuff like bullion. (providentmetals.com) shit like Walking Liberties, Krugerrands, Morgans, etc.

Check around, circulated ones will be cheaper.

[–] • 1 pt

You want generic silver/gold rounds. No value except the silver/gold. "Special" coins have more value but it is derived from the perceived extra value because of demand for it being special for what ever reason. At a coin show, an Alexander the Great 1/4 ounce might sell for 14k, which is why most of those special coins are fake.

[–] [deleted] • 2 pts (edited )
[–] • 0 pt

Holy shit. They're all out of stock.

[–] [deleted] • 0 pt

Wow, that was fast. They had a lot when I was shopping around.

[–] • 2 pts

Dealers, jewelers, pawn shops - you just have to shop around your area for a reputable dealer - there will definitely be some.

If you're asking me where I personally buy silver - I buy from a small dealer in my city.

[–] [deleted] • 2 pts

I'll have to look around my area, just moved so I have no idea what's around here yet. Also how is buying physical silver affecting the market? Or is everyone just planning on selling thier silver when prices jump?

[–] [deleted] • 5 pts

Sell silver for land, not to get back into fiat.

[–] • 2 pts

You'll have to look into market manipulation, but the general gist is you need to buy up physical silver because the "market" buys and sells shares of silver (meaning, they don't really have it - they sell the same piece of silver several times hoping that not everyone comes to collect their silver at the same time).

I'm sure some people will play the short game - buy up silver now and sell when prices soar - but when fiat is worthless what good does that do?

Long story short - the market-fiat-manipulation-scam will only last for so long - when it crumbles - and it will - the US dollar will fail and will no longer be the world reserve currency. At that point, physical metals and goods will be the only things we have of actual value - our paper money will be (already is) worthless - the illusion will be smashed.

[–] [deleted] • 1 pt

My plan is to sell 1/5 of my silver when prices go to 5x. That way I get my investment back and still have 4/5 of my silver inventory.

[–] [deleted] • 0 pt

What about online?

[–] • 0 pt

What's the going rate, the reasonable one I mean?

[–] • 0 pt

It fluctuates. You will have to check the spot price.

Search for: Kitco - all metals quote

Monex

[–] • -1 pt
[–] [deleted] • 0 pt

I accidentally hit the down voat and it won't let me undo it.

[–] • 2 pts (edited )

This was tried on the silver market ten years ago and it failed. Millions of people, mobilized through social media, went around and bought up all of the physical retail silver. The price went up a little bit. The attack failed, partly because the banks have access to as much money as they need, partly because COMEX is not required to settle in silver, (the exchange can settle in cash instead, even if you request physical delivery,) and partly because the shortage in retail silver is mainly an artificial one.

Industrial silver can and will come flooding in if the price appreciably rises. There is no shortage of industrial silver bars. That silver currently does not show up as being available in the retail market. However, the vast majority of the silver trade is industrial silver.

The mechanism of the squeeze, (stocks must be repaid with stocks by a certain deadline,) does not exist in the world of silver.

COMEX shorts are not required to run around and buy up physical silver at any price.

The "forced to buy at any price" factor is what short squeezing is all about, and the silver market is immune to it.

[–] • 2 pts

i know you from voat and know you understand this situation we are in, but couldnt a short force a runaway price in physical if it deviates enough from paper? we already see this from the high premiums over the last year

[–] • 1 pt

I am unsure but I have some observations.

The price premiums are not so much about an expectation of a major price increase as they are about a shortage of retail coin supply - but that shortage is caused by restricted coin production, not a shortage in refined silver to make the coins - it's a covid related issue. It' is only the finished retail investment product that is short. That is considered a temporary distribution glitch, and not an actual restriction in long term supply.

Secondly, industrial silver, one could argue fairly, is currently in surplus supply. There is a glut of metals and mining, because the global economy is in a slowdown phase. Canada's real GDP for 2020 declined at least 5% in real terms, for example. The final numbers are not in yet. Again covid. Demand for metals is way down. There's lots of extra metal lying around.

To increase the price of the physical metal beyond the temporary restricted supply, you also have to buy up all of this extra metal to the point that industry is no longer willing to part with their remaining supply. Then the real supply of the big bars starts to run short, and real metal prices begins to climb. You also have to buy it faster than it is being produced, understanding also there is a significant production of new silver that is currently idle, because price and demand are so low for metals in general. New production comes online when prices increase (the supply increases.)

So, right now one can easily reallocate industrial silver over to retail silver, in the large bars, increasing the retail supply and driving down the price in the process. If more silver is need for purchase, more silver can be made available for purchase. JP Morgan, in particular, revealed a knack for delivering silver at the last minute to meet it's commitments, when all the while it looked like they were running short. They were not running short. They were never running short. They can flood the market to keep the price low if they wish.

In the classic short squeeze you can't do that. There are a fixed number of shares overall, so supply of shares is restricted. The guys who sold short can't get more shares, and they can't settle for cash, so they have to buy shares at any price. Then the price per share explodes as they try to get out before they are doomed.

JP Morgan is not in that position here. They don't even have to deliver silver. They can settle for cash.

JP Morgan would love to do that, let a million new buyers come in to drive up the price, then JP Morgan could sell short, and also flood the market with physical silver, making profit as the market fell, then buying their real silver back again as the price bottoms out.

USGS reported the global reserve supply of refined silver at 560,000 tonnes with annual production last year at about 27,000 tonnes. 32150 troy ounces per tonne. AT $27 dollars an ounce, the global reserve supply is just shy of $1/2 trillion US dollars.

That's just the declared supply of some of the national governments. Poland has 100,000 tonnes and Peru has 120,000 tonnes. Australia has 90,000 tonnes. There's more than that. Silver takes a big jump and all of these guys are going to come into the retail market.

WSB doesn't have this kind of money.

JP Morgan does.

JP Morgan has all the money they will ever need. They can access a quadrillion dollars if they need it. They can borrow silver reserves from other nations if they need it.

More than enough to keep the price suppressed unless other major players - aka massive international financial powers - decide to start a fight over the price of silver.

So that handles the physical question. AKA, It's not going to $1000 unless the banks allow it to happen. They show no sign of that yet.

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