Just bought silver $34 an ounce, Ebay

Whether Silver Coins are available, or can be Hoarded, should not determine the Industrial availability of Silver, from the Mining companies to the Futures Underwriters (via existing contracts).

In 2019, 27,000 metric tons were mined, 836 million ounces.

The coins you possess represent a previous year's output, not 2021.

The COMEX put 1.5 BILLION ounces on the market on Friday and the spot price still went up by nearly 5%.

Hold on physical silver then?

My Understanding

It's a paper Market. Underwriters, do not own any underlying silver. I believe they just have to show they possess the capital to get a hold of the real thing, though only a minute percentage compared to the actual contracts listed, in practice.

Futures contracts as a rule, are never settled with actual delivery of the commodity, just the monetary equivalent.

This is a long game, where market makers issue all commodities to realize a profit, from day to day, not just one.

Partnership Sheet
[link to www.cmegroup.com (secure)]

Last Edited by Archangel Michael on 01/31/2021 03:03 PM

If we bust the comex there will be real price discovery. 100 years of manipulation set free from the paper derivatives. Silver Gold paper Ratio is 1-76. Real world ratio 1-8.

Think about that!

Buy Physical and Hold til Jamie Dimon, JPM, GS, CITI BURN.

It doesn't compute, your reasoning.

BUY BUY BUY SELL SELL SELL


Let the games begin.......

your getting robbed.you can buy all day 27. idiot.

So how does one trust individuals selling Silver on eBay. Sound sketchy as ......

Gonna bust the comex again huh?

Ouch $34 is only $16 away from its all time spot price.

When the economy dives again like 2008 and it is $8-12 I think you will regret getting caught up in he fantasy.

NEVER EVER EVER purchase out of emotion. Never ride the bubble on the way up.

physical, free shipping no tax or minimums?

$29–30 all-in is more accurate. Tomorrow will probably be a different story.

Go on

Did you see the Trump-Patriot Movement get Squashed in a matter of weeks?

I view this Silver Battle as a second Aspect of the Squash Operation, because of Patriots Irrational Historical love for Physical Silver. This aspect is designed to deplete their War Chest.

Last Edited by Archangel Michael on 01/31/2021 03:53 PM

And if it goes that low again I will just buy more. I am NOT putting my whole life savings on it. Silver will always be worth something.

LOL


Where?

Idiot.

Reading the demonstrates you are completely talking out your ass

I liken this Silver Obsession with trying to Purchase all the Physical Gasoline to squeeze-send up the Futures Price.

Both the mining and Oil companies made their profits with the original sale.

I would bet they are partners with Wall Street on this lucrative side-gig.

The Commodity (X) and today's price is just a name for a brand of Roulette Wheel, not some vital economic cog.

I don't see the House-Casino losing money on any Roulette Wheel. One could say they have the power to drop the ball in any slot invisibly.

Who knows if the 'House Contrary bet' was made from a dollar contribution like yours or just put up on the Exchange as a done deal (Chip value 1 cent). You can't find out.

Last Edited by Archangel Michael on 01/31/2021 04:34 PM

There are million of coins on auction sites world wide

WAKE UP!

There is no shortage, you are just pushing the price higher so big fat wales can sell all their silver stocks to pay for GME

That means you will be HOLDING the BAG!

Dazzle me with your Reasoning, instead of 5th grade name calling.

Yeah don't count on the seller to ship if the prices skyrocket , They will just cancel the transaction and have your money tied up in a refund for a couple days - Some will honor the sale but most wont be willing to take the loss . It may be too late

has it been delivered yet? don't count yore silver until you got it in your hands!

[link to www.zerohedge.com (secure)] 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.

I just paid $375 for a ten ounce bar on eBay.

Idiot. Its probably fake

Yikes. Just bought a bunch the second I heard the Reddit folk might pull one @ $26. Lat I looked 28. Now 34?

Maybe the train is just pulling out of the station, but thats alreasy a $8 difference in a metal that isnt very expensive...

Buyer Beware, but best of luck to those hoping for more.

It's vintage, and I can afford to lose $375 if it is fake, but most likely it's not and I'll eventually resell it for more.

Ebay buy it now for 10 oz bars of silver is now up to $400