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Hmmmm......seems like we've heard this song played before.....no wonder the price didn't go very high!....they shut it down!
Something tells me JPMorgan does NOT have squat!....in PHYSICAL Silver!
.
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."
https://poal.co/s/QStorm/281578
Here's the "supposed" problem:
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 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 rules here are simple: Heads Wall Street wins, tails you lose.
https://poal.co/s/QStorm/277868
https://poal.co/s/QStorm/279330
https://poal.co/s/QStorm/280672
https://poal.co/s/QStorm/279180
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