Silver dumps worse than a shitcoin

You’re retarded and don’t understand what’s going on in the geopolitical/macro climate. You’ve melted your brain staring at shitcoin charts and deluded yourself into thinking every asset will do the same thing. Lol

I just remarked that when Silver corrects it is typically fast Similar to Bitcoin What did I say that was wrong? Did you top-blast silver or something?

Silver only collapsed quickly in the past because commercial banks in the west were able to knock it down. But nowadays the supply/demand metrics are different and the west does not have sole power over pricing using derivatives anymore. This is just silver going to true value.

So your prediction is the correction WON'T be drastic? We'll see

I obviously believe there will be a correction at some point and a consolidation at a new floor. But I think people will be quite surprised how much higher that new floor is going to be. I’ll say this with certainty, you’ll never see sub $60 silver ever again.

I can get behind never hitting 60 again, 70 will be revisited imo tho

You must have none lol

Was buying silver before Bitcoin white paper

I'm in my 40s. Yes I was buying silver ages ago, still have it. Is that some sort of fantastical statement lol?

If you are over as I am I recommend doing some research on ADA and weigh it against the Clarity Act you are about to make people lose lots of money

Tell me you know nothing about the silver market without telling me you know nothing about the silver market 👍

The corrections are swift when they do occur. This is '08 and '11. What exactly was incorrect?

Showing us price manipulation forced by comex 45 years ago...

2008 and 2011 presented without comment

Didn’t know they had cell phones, tomahawk missles, ev’s, and a major structural deficit in the 80s oh and also brics. Thanks for your insight into something you did zero research about, stick to crypto bud

I'm simply saying there are strong corrections. Look at '08 and '11

@one1ung I'm simply saying you have zero clue why gold and silver have increased in value the way they have. It's economics 101. Technicals mean very little in this current scenario.

@one1ung It increased bc we print too much money and there is no stop in sight "There will be a correction eventually" is not a crazy statement

Buttcorn and crapto shillers doing everything they can to get that copium hit

take profits anon

This is what happens when you don’t own any precious metals and investing into shit coins instead.

I have positions in Silver, gold, copper and oil. Was buying silver since before the bitcoin white paper

Me too except for oil but I have real estate instead. I wouldn’t have known with that last tweet. Congrats. You’re rich

Pure copium, and you fkn know it. The dollar is dumping and NO ONE is turning to BC. Could central banks smash silver again, like they did in 80 and 11? That is the question. Maybe. With everything going on in the world, they will likely fail. BC's role in a failing fiat world has yet to be determined. We already know what AG/AU will do.

It's not CBs that will dump, it is fear-based speculators

with the margin increases shorting is becoming suicide. it’s hurting the shorts more than the longs. I think we will get to 50% margin requirement, by that point no one will give a crap about futures prices, Most local dealers prices are closer to the mean of the LBMA and SGE. Comex is dead, it just failed to realize it yet

Another salty bitcoiner

I hold both, no salt

@ihateclowns1 I take it you have paper silver.

@ihateclowns1 mostly 1 oz coins, some older dimes and quarters Sold my SLV options and rolled profit into CPER, USO and PALL options (copper, oil, palladium)

This aged very well…. Nicely done

Idk man….u talking market cap or what because a 7% drawn down ain’t shit

The drawdown will be later, maybe 125

I agree that there will be a large draw down but I do think it will go higher first. But alas I have lost my crystal ball so it’s just a thesis…I appreciate you and love your content bro. Keep it coming!

This time is COMPLETELY different. Hunts brothers used leverage on 200 million ounces to manipulate the market. COMEX retaliated with a law law preventing buys (only allowing sales). Currently it is the physical market driving this (with no leverage) so the old tactics won’t work

Fear-based buyers always sell like paper-handed punks. ALWAYS Silver has many fear-based buyers that don't share the thesis money is broken, they are looking for a quick flip

Little different situation don’t you think? The whole world economy is swirling the toilet bowl.

Look at the other corrections then

Basel lll

Look at you all smart and shit, put the copium pipe down fool!!!

Holy fuck the comments are brutal deezy! This aged well! Keep up the good work💚

Stick with your crypto’s mate 🤷‍♂️

You’re just jealous none of us are selling

I hold silver as well. Just noticed that corrections are pretty swift *when* they occur

You need Silver for everything nowadays. Not like in the 80s anymore

The Hunt Bros were manipulated out of their long silver position by the govt who was strong arming for the banksters. The banksters have been quietly accumulating as much physical silver since then to hedge their shorts. They have the physical silver now, so this time’s different

Today's market is driven by Massive AI, EV and Military Industrial demand, not two brothers who bought on margin.

You clearly have no clue what’s happening. Maybe sit this one out.

so you don't think the correction will be drastic? I think it hits 40% drawdown at least

Tell me you don’t know any shit about SILVER 🥈without telling me any jack shit.

This is a total different situation than cornering the market it’s a big financial change . The world is changing. You won’t be able to even find silver soon.

Supply and demand says otherwise

Yeah this is far worse that the Hunt Brother period. We are literally going through the US dollar and global succrency collapse.

Foolish take… 🤦🏼‍♂️

time will tell. just to be clear, your prediction is the correction WON'T be swift? we'll see

To be crystal clear the USD is quickly dying…Gold and Silver aren’t increasing in value…it’s just that the USD is accelerating in its declining value. The federal reserve debt note is about to be a relic of the past. 👏🏼

Who pumps the silver in Shanghai? They banned silver exports

Very different times. The demand wasn't there, the dollar, euro pound is fucked

Silver wasn’t as wildly used back then as it is now. It’s in all forms of military equipment, weaponry, vehicles, electronics. Sure it could come down. But probably not by much. Who knows when it will stop trending up though.

the only good response I've seen so far. fair points

grok says this time is different. me and my bag of physical agree. the paper market will break. higher!

We weren’t in a silver deficit back then like we are now in a 5 year deficit. With the high demand for silver in electric cars, solar panels, medical, defense, industrial…. etc. This run on silver is different and we are in price discovery now, I except it to go a lot higher.