Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Is It Time For Silver?
>
Reply to Thread
Message:
<p>[QUOTE="GoldFinger1969, post: 6038186, member: 73489"]<b><font size="5"><span style="color: #0000ff">The Reddit crowd is talking:</span></font></b></p><p><br /></p><p>Silver: "Worlds Biggest Short Sqeeze" - Reddit --</p><p><br /></p><p><i>*The reason that only 8 ounces of silver are produced for every 1 ounce of gold in today's world is because there aren't really any good naturally occurring silver deposits left in the world. Silver is more common than gold in the earth's crust, but it is spread very thin. Thus nearly every ounce of silver produces is actually a byproduct of mining for other metals such as gold or copper. This means that even as the silver price skyrockets, it wont be easy to increase the supply of silver being produced. Even if new mines were to be constructed, it could take years to come online.Finally, most of this newly created silver supply each year is used for productive purposes rather than kept for investment. It is used in electronics, solar panels, and jewelry for the most part. This demand wont go away if the silver price rises, so the short sellers will be trying to get their hands on a very small slice of newly minted silver. The solar market is also growing quickly and political pressure to increase solar and electric vehicles could provide more industrial demand.The other part of the story is the faster moving piece and that is the inflation and currency debasement fear portion. The government and the fed are printing money like crazy debasing the value of the dollar, so investors look for real assets like precious metals to hide out in, driving demand for silver. The $1.9 trillion stimulus passing in a month or two could be a good catalyst. All this money combined with the reopening of the economy could cause some solid inflation to occur, and once inflation starts it often feeds on itself.What to buy:I will be putting 50% directly into <a href="https://www.valueforum.com/ratings/rating.mpl?symbol=SLV" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.valueforum.com/ratings/rating.mpl?symbol=SLV" rel="nofollow">SLV</a> shares, and 50% into the $35 strike <a href="https://www.valueforum.com/ratings/rating.mpl?symbol=SLV" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.valueforum.com/ratings/rating.mpl?symbol=SLV" rel="nofollow">SLV</a> calls expiring 4/16.This way the <a href="https://www.valueforum.com/ratings/rating.mpl?symbol=SLV" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.valueforum.com/ratings/rating.mpl?symbol=SLV" rel="nofollow">SLV</a> purchase creates a groundswell into silver immediately that then rockets through a gamma squeeze as <a href="https://www.valueforum.com/ratings/rating.mpl?symbol=SLV" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.valueforum.com/ratings/rating.mpl?symbol=SLV" rel="nofollow">SLV</a> approaches $35.Price target of $75 for <a href="https://www.valueforum.com/ratings/rating.mpl?symbol=SLV" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.valueforum.com/ratings/rating.mpl?symbol=SLV" rel="nofollow">SLV</a> by end of April if the short squeeze happens.Edit: for the part of your purchases going into shares, some people recommend <a href="https://www.valueforum.com/ratings/rating.mpl?symbol=PSLV" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.valueforum.com/ratings/rating.mpl?symbol=PSLV" rel="nofollow">PSLV</a> because they think <a href="https://www.valueforum.com/ratings/rating.mpl?symbol=SLV" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.valueforum.com/ratings/rating.mpl?symbol=SLV" rel="nofollow">SLV</a> might start lying about having the silver in their vault. Or that the custodian will be double counting, ie claiming that the same silver belongs to multiple people (banking on the fact that people wont all try to get their silver at once). So if you buy <a href="https://www.valueforum.com/ratings/rating.mpl?symbol=SLV" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.valueforum.com/ratings/rating.mpl?symbol=SLV" rel="nofollow">SLV</a> shares and calls, that's great. But I think it could be prudent for us to buy options in <a href="https://www.valueforum.com/ratings/rating.mpl?symbol=SLV" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.valueforum.com/ratings/rating.mpl?symbol=SLV" rel="nofollow">SLV</a> (no options on <a href="https://www.valueforum.com/ratings/rating.mpl?symbol=PSLV" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.valueforum.com/ratings/rating.mpl?symbol=PSLV" rel="nofollow">PSLV</a>) and shares in <a href="https://www.valueforum.com/ratings/rating.mpl?symbol=PSLV" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.valueforum.com/ratings/rating.mpl?symbol=PSLV" rel="nofollow">PSLV</a>. It all depends on how paranoid you want to be. There is a lot of paranoia in the precious metals world.Alternate options:buying physical silver; this also works but you pay a premium to buy and sell so its less efficient and you take fewer silver ounces off of the market because of the premium you paygoing long futures for February or March; if you are a rich bastard and can actually take physical delivery of 1000s of ounces of silver by all means do so. But if you simply settle for cash you are actually part of the problem. We need actual physical delivery, which is what <a href="https://www.valueforum.com/ratings/rating.mpl?symbol=SLV" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.valueforum.com/ratings/rating.mpl?symbol=SLV" rel="nofollow">SLV</a> demands and is why <a href="https://www.valueforum.com/ratings/rating.mpl?symbol=SLV" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.valueforum.com/ratings/rating.mpl?symbol=SLV" rel="nofollow">SLV</a> is the way to go unless you are going to take deliveryminers; I don’t recommend buying miners as part of this trade. Miners will absolutely go up if <a href="https://www.valueforum.com/ratings/rating.mpl?symbol=SLV" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.valueforum.com/ratings/rating.mpl?symbol=SLV" rel="nofollow">SLV</a> goes up, but buying them doesn't create the squeeze in the actual silver market. Furthermore, most silver miners only derive 30-50% of their revenue from silver anyways, so eventually <a href="https://www.valueforum.com/ratings/rating.mpl?symbol=SLV" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.valueforum.com/ratings/rating.mpl?symbol=SLV" rel="nofollow">SLV</a> will outperform them as it gets high enough (and each marginal <a href="https://www.valueforum.com/ratings/rating.mpl?symbol=SLV" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.valueforum.com/ratings/rating.mpl?symbol=SLV" rel="nofollow">SLV</a> dollar only increases miner profits by a smaller and smaller percentage)Details on <a href="https://www.valueforum.com/ratings/rating.mpl?symbol=SLV" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.valueforum.com/ratings/rating.mpl?symbol=SLV" rel="nofollow">SLV</a> physical settlement:When <a href="https://www.valueforum.com/ratings/rating.mpl?symbol=SLV" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.valueforum.com/ratings/rating.mpl?symbol=SLV" rel="nofollow">SLV</a> issues shares, the custodian is forced to true up their vaults with the proportional amount of silver daily. From the <a href="https://www.valueforum.com/ratings/rating.mpl?symbol=SLV" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.valueforum.com/ratings/rating.mpl?symbol=SLV" rel="nofollow">SLV</a> prospectus:"An investment in Shares is: Backed by silver held by the Custodian on behalf of the Trust. The Shares are backed by the assets of the Trust. The Trustee’s arrangements with the Custodian contemplate that at the end of each business day there can be in the Trust account maintained by the Custodian no more than 1,100 ounces of silver in an unallocated form. The bulk of the Trust’s silver holdings is represented by physical silver, identified on the Custodian’s or, if applicable, sub-custodian's, books in allocated and unallocated accounts on behalf of the Trust and is held by the Custodian in London, New York and other locations that may be authorized in the future."'TheHappyHawaiian" ends with a call to (financial) arms:Join me brothers. Lets take silver to the moon and take on the biggest and baddest manipulators in the world.Please post rocket emojis in the comments as desired.Disclaimer: do your own research, make your own decisions, everything here is a guess and hypothetical and nothing is guaranteed, not a financial advisor, I have ADHD and maybe other things too.Bear case: silver does tend to sell off if the broader market plunges so it’s not immune to broad market sell off. It’s also the most manipulated market in the world so we are facing some tough competition on the short sideInterestingly, 'TheHappyHawaiian' dropped this update on 1/29<img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" />ue to the manipulation and collusion of citadel, hedge funds, and brokers to change the rules and rig the game in their favor. Who likely knew ahead of time and bought puts right before and calls at the bottom, <a href="https://www.valueforum.com/ratings/rating.mpl?symbol=GME" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.valueforum.com/ratings/rating.mpl?symbol=GME" rel="nofollow">GME</a> is too important to abandon still. <a href="https://www.valueforum.com/ratings/rating.mpl?symbol=SLV" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.valueforum.com/ratings/rating.mpl?symbol=SLV" rel="nofollow">SLV</a> is still my next play but <a href="https://www.valueforum.com/ratings/rating.mpl?symbol=GME" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.valueforum.com/ratings/rating.mpl?symbol=GME" rel="nofollow">GME</a> needs to go to $1000 and these people need to go to jail.However, judging by the massive physical premiums for silver we are seeing this weekend at APMEX...... and JM Bullion......there are more than a few who are already rotating to <a href="https://www.valueforum.com/ratings/rating.mpl?symbol=SLV" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.valueforum.com/ratings/rating.mpl?symbol=SLV" rel="nofollow">SLV</a> from <a href="https://www.valueforum.com/ratings/rating.mpl?symbol=GME" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.valueforum.com/ratings/rating.mpl?symbol=GME" rel="nofollow">GME</a>.</i>[/QUOTE]</p><p><br /></p>
[QUOTE="GoldFinger1969, post: 6038186, member: 73489"][B][SIZE=5][COLOR=#0000ff]The Reddit crowd is talking:[/COLOR][/SIZE][/B] Silver: "Worlds Biggest Short Sqeeze" - Reddit -- [I]*The reason that only 8 ounces of silver are produced for every 1 ounce of gold in today's world is because there aren't really any good naturally occurring silver deposits left in the world. Silver is more common than gold in the earth's crust, but it is spread very thin. Thus nearly every ounce of silver produces is actually a byproduct of mining for other metals such as gold or copper. This means that even as the silver price skyrockets, it wont be easy to increase the supply of silver being produced. Even if new mines were to be constructed, it could take years to come online.Finally, most of this newly created silver supply each year is used for productive purposes rather than kept for investment. It is used in electronics, solar panels, and jewelry for the most part. This demand wont go away if the silver price rises, so the short sellers will be trying to get their hands on a very small slice of newly minted silver. The solar market is also growing quickly and political pressure to increase solar and electric vehicles could provide more industrial demand.The other part of the story is the faster moving piece and that is the inflation and currency debasement fear portion. The government and the fed are printing money like crazy debasing the value of the dollar, so investors look for real assets like precious metals to hide out in, driving demand for silver. The $1.9 trillion stimulus passing in a month or two could be a good catalyst. All this money combined with the reopening of the economy could cause some solid inflation to occur, and once inflation starts it often feeds on itself.What to buy:I will be putting 50% directly into [URL='https://www.valueforum.com/ratings/rating.mpl?symbol=SLV']SLV[/URL] shares, and 50% into the $35 strike [URL='https://www.valueforum.com/ratings/rating.mpl?symbol=SLV']SLV[/URL] calls expiring 4/16.This way the [URL='https://www.valueforum.com/ratings/rating.mpl?symbol=SLV']SLV[/URL] purchase creates a groundswell into silver immediately that then rockets through a gamma squeeze as [URL='https://www.valueforum.com/ratings/rating.mpl?symbol=SLV']SLV[/URL] approaches $35.Price target of $75 for [URL='https://www.valueforum.com/ratings/rating.mpl?symbol=SLV']SLV[/URL] by end of April if the short squeeze happens.Edit: for the part of your purchases going into shares, some people recommend [URL='https://www.valueforum.com/ratings/rating.mpl?symbol=PSLV']PSLV[/URL] because they think [URL='https://www.valueforum.com/ratings/rating.mpl?symbol=SLV']SLV[/URL] might start lying about having the silver in their vault. Or that the custodian will be double counting, ie claiming that the same silver belongs to multiple people (banking on the fact that people wont all try to get their silver at once). So if you buy [URL='https://www.valueforum.com/ratings/rating.mpl?symbol=SLV']SLV[/URL] shares and calls, that's great. But I think it could be prudent for us to buy options in [URL='https://www.valueforum.com/ratings/rating.mpl?symbol=SLV']SLV[/URL] (no options on [URL='https://www.valueforum.com/ratings/rating.mpl?symbol=PSLV']PSLV[/URL]) and shares in [URL='https://www.valueforum.com/ratings/rating.mpl?symbol=PSLV']PSLV[/URL]. It all depends on how paranoid you want to be. There is a lot of paranoia in the precious metals world.Alternate options:buying physical silver; this also works but you pay a premium to buy and sell so its less efficient and you take fewer silver ounces off of the market because of the premium you paygoing long futures for February or March; if you are a rich bastard and can actually take physical delivery of 1000s of ounces of silver by all means do so. But if you simply settle for cash you are actually part of the problem. We need actual physical delivery, which is what [URL='https://www.valueforum.com/ratings/rating.mpl?symbol=SLV']SLV[/URL] demands and is why [URL='https://www.valueforum.com/ratings/rating.mpl?symbol=SLV']SLV[/URL] is the way to go unless you are going to take deliveryminers; I don’t recommend buying miners as part of this trade. Miners will absolutely go up if [URL='https://www.valueforum.com/ratings/rating.mpl?symbol=SLV']SLV[/URL] goes up, but buying them doesn't create the squeeze in the actual silver market. Furthermore, most silver miners only derive 30-50% of their revenue from silver anyways, so eventually [URL='https://www.valueforum.com/ratings/rating.mpl?symbol=SLV']SLV[/URL] will outperform them as it gets high enough (and each marginal [URL='https://www.valueforum.com/ratings/rating.mpl?symbol=SLV']SLV[/URL] dollar only increases miner profits by a smaller and smaller percentage)Details on [URL='https://www.valueforum.com/ratings/rating.mpl?symbol=SLV']SLV[/URL] physical settlement:When [URL='https://www.valueforum.com/ratings/rating.mpl?symbol=SLV']SLV[/URL] issues shares, the custodian is forced to true up their vaults with the proportional amount of silver daily. From the [URL='https://www.valueforum.com/ratings/rating.mpl?symbol=SLV']SLV[/URL] prospectus:"An investment in Shares is: Backed by silver held by the Custodian on behalf of the Trust. The Shares are backed by the assets of the Trust. The Trustee’s arrangements with the Custodian contemplate that at the end of each business day there can be in the Trust account maintained by the Custodian no more than 1,100 ounces of silver in an unallocated form. The bulk of the Trust’s silver holdings is represented by physical silver, identified on the Custodian’s or, if applicable, sub-custodian's, books in allocated and unallocated accounts on behalf of the Trust and is held by the Custodian in London, New York and other locations that may be authorized in the future."'TheHappyHawaiian" ends with a call to (financial) arms:Join me brothers. Lets take silver to the moon and take on the biggest and baddest manipulators in the world.Please post rocket emojis in the comments as desired.Disclaimer: do your own research, make your own decisions, everything here is a guess and hypothetical and nothing is guaranteed, not a financial advisor, I have ADHD and maybe other things too.Bear case: silver does tend to sell off if the broader market plunges so it’s not immune to broad market sell off. It’s also the most manipulated market in the world so we are facing some tough competition on the short sideInterestingly, 'TheHappyHawaiian' dropped this update on 1/29:Due to the manipulation and collusion of citadel, hedge funds, and brokers to change the rules and rig the game in their favor. Who likely knew ahead of time and bought puts right before and calls at the bottom, [URL='https://www.valueforum.com/ratings/rating.mpl?symbol=GME']GME[/URL] is too important to abandon still. [URL='https://www.valueforum.com/ratings/rating.mpl?symbol=SLV']SLV[/URL] is still my next play but [URL='https://www.valueforum.com/ratings/rating.mpl?symbol=GME']GME[/URL] needs to go to $1000 and these people need to go to jail.However, judging by the massive physical premiums for silver we are seeing this weekend at APMEX...... and JM Bullion......there are more than a few who are already rotating to [URL='https://www.valueforum.com/ratings/rating.mpl?symbol=SLV']SLV[/URL] from [URL='https://www.valueforum.com/ratings/rating.mpl?symbol=GME']GME[/URL].[/I][/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Is It Time For Silver?
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...
