I find the spot only without the premiums very misleading but understand that’s the best the market has. Wimbledon tickets have a face value £100. Good luck buying a pair
Just in case anyone has a problem finding dependable values for Silver; I have upped my offer. I will now exchange 3 loaves of home made bread for a 'Constitutional Dime'. (While stocks last)...D
I talk to some Indonesian and silver bullions are not widely traded in Indonesia. But a lot of people are weary of buying silver as they think that its just being hyped up. But most of them are clueless to the use of silver industrially. They think silver is like gold just to buy and to hold.
I am in western Australia. Here silver is unobtainium for now. Bars are hardly seen. Its true there are a lot of silver......at what price? We will find out...
State controlled miner ANTAM is involved in the mining of PMs and Nickel and I think, like all miners, it is highly undervalued so represents a good opportunity. Not investment advice, just my view.
I find it almost impossible to clearly find out which bank is actually short silver. There is such a mass of contradictory information out there. Let’s take only JP Morgan for example - on the same day I found articles stating that JPM has never been so short as now, other sources simultaneously report that JPM has finally switched its position and is now finally long silver.
It occurs to me that only a crazy person would continue a short position in the billions of ounces of silver with the state of the market as it is. Having said that it makes me wonder, why would bullion banks continue this illogical position unless someone or something is going to cover its losses. The Fed/government? Its seems so futile at this point.
All the bullion banks are SIFIs under Dodd-Frank, right? So if their silver shorts bankrupted them, then the situation would be "Resolved" to preserve systemic stability - which probably means bail-ins, among other measures?
I just read an article on state-run media...CNBC. They're claiming the run up in price is due to the "debasement trade", like it's all just a fad. I'm sure there might be some of that going on, but I'm in silver for basic supply and demand economics.
It is "True" Mike. The Dollar is now down to 96 and falling. The Western countries (and some others) have no choice about accepting dollars, even if it goes to .50....
The cost of political and economic Dependency?
So long as people can buy metals and other things with Dollars, Washington will continue to "Print"??
They call it a bubble…maybe it is. They call it debasement trade…yes some truth to that. But never a word about the metal shortage, paper silver, or the Shanghai Exchange. State-run media CNBC…LOL. At least they're consistent. Thanks bro.
My 2 questions are: Is this the sword the bullion banks are willing to die on - to spend their last stolen coin on a market they forced to slip through their fingers? And, do they even have a choice - will the market slipping through their fingers kill them?
The bullion banks are servants of the Trillionaire Class of Globalists. These Trillionaires (who never reveal themselves) are the ones who actually control the FED RES and BIS.
They also control all of the billionaires who are really just actors.
Yes Elon Musk is really a life actor. Look into his history.
So to answer your (1) question, the bullion banks do what the Globalists tell them.
And the Globalists greatest power is the power of digitally printing their fiat currency and then
using those ill-gotten trillions to buy up all of the real assets of the world.
GOLD and SILVER is a wooden stake to the heart of their vampiric power.
So YES the bullion banks will destroy themselves to stop the restoration of the GOLD and SILVER Standard.
US Constitution Article 1 , Section 10, Clause 1 :
"...only gold and silver coin are legal tender..."
The Chinese Government are doing very nicely out of the silver mania going on in China right now with there 13% Vat tax on silver while at the same time showing the world how corrupt the Western Banking system is
Theyll have to pry Grannie's silver teapot outta my cold dead hands!☹️
I doubt that all the granny's silver services in the country would make up the shortfall they're looking at...
Jim Cramer is inclined to sell the family silverware except that he is prone to sentimentality ….that tells us all we need to know.
Yo big Frankie! Channelling your inner Mister Charlton Heston who excelled as El Cid in that classically awful movie
👍🏽
“Our thoughts are with them, as we observe their pain.”
BRUH!
Read the next sentence.
Ohh yeah it’s a meme! For the paper traders and banks.
Anatomy of a Bruh Moment
You know you’re in a Bruh Moment when:
1. Someone asks a question that was answered 30 seconds ago.
2. Your toast lands butter-side down.
3. The physics in a video game decide to stop working.
They’re having a bruh moment right now. I thought your last sentence was funny and accurate. :)
Agree deserving of it all. Thanks Dave
Definitely line of the day. 😂
I kinda like "Bullion Banks Start To Whimper"
Eloquently put…
They have in fact earned every bit of it.
Thank you David.
MSM Kramer offers the same advice as the wig. Shows you just how stupid people are that they still listen to them.
What a great phone graphic. Best of'26 so far !
David. That last bit of sarcasm was funny. Thanks for that👍🤣🤣
I find the spot only without the premiums very misleading but understand that’s the best the market has. Wimbledon tickets have a face value £100. Good luck buying a pair
Just in case anyone has a problem finding dependable values for Silver; I have upped my offer. I will now exchange 3 loaves of home made bread for a 'Constitutional Dime'. (While stocks last)...D
I talk to some Indonesian and silver bullions are not widely traded in Indonesia. But a lot of people are weary of buying silver as they think that its just being hyped up. But most of them are clueless to the use of silver industrially. They think silver is like gold just to buy and to hold.
I am in western Australia. Here silver is unobtainium for now. Bars are hardly seen. Its true there are a lot of silver......at what price? We will find out...
Fortunately Indonesia is close to Singapore!
State controlled miner ANTAM is involved in the mining of PMs and Nickel and I think, like all miners, it is highly undervalued so represents a good opportunity. Not investment advice, just my view.
“They’ve earned every bit of it”. Love it! 😆 They certainly have earned it…and then some.
"I feel your pain... so does Hillary"
- Bill Clinton to Jamie Dimon
I find it almost impossible to clearly find out which bank is actually short silver. There is such a mass of contradictory information out there. Let’s take only JP Morgan for example - on the same day I found articles stating that JPM has never been so short as now, other sources simultaneously report that JPM has finally switched its position and is now finally long silver.
It occurs to me that only a crazy person would continue a short position in the billions of ounces of silver with the state of the market as it is. Having said that it makes me wonder, why would bullion banks continue this illogical position unless someone or something is going to cover its losses. The Fed/government? Its seems so futile at this point.
All the bullion banks are SIFIs under Dodd-Frank, right? So if their silver shorts bankrupted them, then the situation would be "Resolved" to preserve systemic stability - which probably means bail-ins, among other measures?
https://search.brave.com/search?q=what+happens+if+a+SIFI+is+insolvent%3F&source=web&summary=1&conversation=08aaf282e3c8a5a6063a7b74c000d82c8cd9
I just read an article on state-run media...CNBC. They're claiming the run up in price is due to the "debasement trade", like it's all just a fad. I'm sure there might be some of that going on, but I'm in silver for basic supply and demand economics.
It is "True" Mike. The Dollar is now down to 96 and falling. The Western countries (and some others) have no choice about accepting dollars, even if it goes to .50....
The cost of political and economic Dependency?
So long as people can buy metals and other things with Dollars, Washington will continue to "Print"??
They call it a bubble…maybe it is. They call it debasement trade…yes some truth to that. But never a word about the metal shortage, paper silver, or the Shanghai Exchange. State-run media CNBC…LOL. At least they're consistent. Thanks bro.
That is the main reason for the decades of suppression Mile:
Fiat cannot coexist with Real Money!
Truly convertible currency has value.....!
My 2 questions are: Is this the sword the bullion banks are willing to die on - to spend their last stolen coin on a market they forced to slip through their fingers? And, do they even have a choice - will the market slipping through their fingers kill them?
The bullion banks are servants of the Trillionaire Class of Globalists. These Trillionaires (who never reveal themselves) are the ones who actually control the FED RES and BIS.
They also control all of the billionaires who are really just actors.
Yes Elon Musk is really a life actor. Look into his history.
So to answer your (1) question, the bullion banks do what the Globalists tell them.
And the Globalists greatest power is the power of digitally printing their fiat currency and then
using those ill-gotten trillions to buy up all of the real assets of the world.
GOLD and SILVER is a wooden stake to the heart of their vampiric power.
So YES the bullion banks will destroy themselves to stop the restoration of the GOLD and SILVER Standard.
US Constitution Article 1 , Section 10, Clause 1 :
"...only gold and silver coin are legal tender..."
The Chinese Government are doing very nicely out of the silver mania going on in China right now with there 13% Vat tax on silver while at the same time showing the world how corrupt the Western Banking system is
Question to CHOU EN LI? from Kissinger
"What do you think of the French Revolution " ?
Answer
"To soon to tell." !!
They think long
We think short ( banking ,political class )
Just like the P. M. market