If the dollar collapses the plan isn't to "cash out" your stacks but start using it instead of the dollar. Such as instead of a loaf of bread being $5 you would trade say a gram of silver instead. I'm a fan of currency that is physically made of what backs it. The most obvious example being the classic gold coin. Or if you have say a 1 Oz silver bar and cut a corner of it off to buy something with it. Go look up the goldback for a super modern take on the idea.
Silver Prices Surge to Eight-Year High Amid Reddit-Fueled Frenzy
Hmmmm......seems like we've heard this song played before.....no wonder the price didn't go very high!....they shut it down!
So that begs the question: IF JPMorgan has a Gazillion Pounds of PHYSICAL SILVER (not paper silver fiat crap), THEN WHY DID THEY HAVE TO SHUT DOWN PURCHASES TODAY???
Something tells me JPMorgan does NOT have squat!....in PHYSICAL Silver!
.
HUGE SILVER SHORTAGE! APMEX Stops ALL New Orders After Massive Surge In Demand for Physical Metal
In the 24 hours proceeding Friday market close, SD Bullion sold nearly 10x the number of silver ounces that we normally would sell in an entire weekend leading to Sunday market open.
In a normal market, we normally can find at least one supplier/source willing to sell some ounces over the weekend if we exceed our long position (the number of ounces we predict we will sell over the weekend).
However, everyone we talk to is afraid of a gap up at Sunday night market open.
This is about ready to get really interesting as there was very little inventory left from suppliers/mints going into Friday close.
Our direct AP supplier informed us after close on Friday that the "US Mint will be on allocation for the remainder of Type 1" (Current Silver Eagle Design).
Our sales for the month of January exceeded any one month last year during the heart of the pandemic. It was an all-time record month in our company history.
And, perhaps most importantly, as QTR tweets so succinctly, "this is a red pill moment for many, and it's beautiful."
People are organizing to hit SILVER hard Monday to get even with those who stole the election....
https://poal.co/s/QStorm/281578
Here's the "supposed" problem:
JPMorgan has a huge stockpile of physical silver. Yes, they sell futures against it, but they can deliver the commodity. Beware anyone who tries to get you to help globalist financial institutions.
https://news.goldcore.com/ie/gold-blog/silver-prices-physical-silver/
https://poal.co/s/QStorm/281770
populist small time investing users who’ve massed themselves together at the Reddit site WallStreetBets,
https://www.reddit.com/r/wallstreetbets/
the numbers of whom a week ago stood at around 4-million, but today have grown to over 7.8-million
—now sees them by the thousands using the world’s first robot lawyer DoNotPay to sue Robinhood and anyone else trying to take away their rights
https://poal.co/s/QStorm/278330
—all of which is occurring at the same time these populist investors have just launched a withering attack on silver, about which famed billionaire investor Cameron Winklevoss, co-founder of cryptocurrency firm Gemini, has stated:
“The ramifications of a #silversqueeze cannot be underestimated…If it’s exposed that there are more paper claims on silver than actual silver, not only would payoff be enormous, but gold would be next”.**
The fact remains that silver has just hit an 8-year high making billions-of-dollars for these populist investors putting the ‘silver squeeze” on Wall Street over the past day alone...
—and who will keep making billions as long as the price of silver keeps skyrocketing
—thus creating the ultimate game of financial chicken, as to whomever blinks first will lose everything
The GameStop Saga Isn’t About Finance, It’s Part Of The Ongoing War Between Elites And Populists
The rules here are simple: Heads Wall Street wins, tails you lose.
Insider on a Wall Street Trading Platform (Robinhood) Says the Executives Received a Call From the White House to Shut Down Trading of Game Stop Stock
https://poal.co/s/QStorm/277868
Rut Rho! RobinHood Limits the Max Holdings in 36 Stocks to Just 1 Share....
https://poal.co/s/QStorm/279330
Robinhood Whistleblower EXPOSES Alleged Connection To the White House
https://poal.co/s/QStorm/280672
Texas AG Paxton issues investigative demands to Discord, Robinhood, Interactive Brokers, TD Ameritrade, Citadel Financial, and others that suspended stock trading and investing. “Wall Street corporations cannot limit public access to the free market."
https://poal.co/s/QStorm/279180
(post is archived)