Discover and read the best of Twitter Threads about #silver

Most recents (24)

Gold is dead.

And that’s exactly why I am positioned.

The turn is in, a wrap-up of evidence here in this thread ⬇️

#preciousmetals #metals #gold #silver

1.
the dominant intermediate #gold cycle in the new bull market runs 1y (it was shorter last bull)

while we claimed the 2 bottom 'live'when it happend, Nov 30 and mid March, this yearly cycle retraced 0.618 to the tick, while indicators are all turning UP on weekly levels

2.
#gold with 3 trading days left, the monthly candle is shaping up as a reversal.

watching close early next week

3.
Read 17 tweets
after digging deeper than ever over the last few months,

the Silver Sitfolio is like seeing Naples and die
we have arrived to the point of perfection. mindfullness.

take out $30 and this goes nuts

1.
#gold #silver #juniormining #preciousmetals #mining
goldventures.org/blog/silver-si…
Patrick @badcharts1 is right. After having numerous calls with management, digging on fundamentals I can only say: it's all in the charts.

Also the future, visible by past strength.

having a hard time holding my top 10? I don’t think so. Unlocking value month after month.

2. Image
Add some spice with the positions 11-20 and further.

These will outperform to the upside, once momentum kicks in. More risk, more fun.

Why? it's all in the charts. Spurt higher, then consolidate for many many many months. Violent setup.

positions 11-20:
#mining

3. Image
Read 4 tweets
1. Good morning, everyone! Turns out it's not so simple for me to purchase shares of @Vemanti $VMNT. I must adhere by SEC Rule 10B-18. Our counsel is drafting up the memo. Will share with you.

Also, I want to give you a brief summary of what we're working on.
2. We have:

- #fintech M&A transactions which we expect to close by end of Q2. These are already-established players in their respective markets. One w/ 2M+ users. Part of our pan-Asia strategy. This will take us to another level in terms of P&L fundamentals and growth.
3.

- a multi-layer yield #Blockchain #Stablecoin #Crypto project with key partners. Working through the operational details. Aiming to launch this in Q2. Goal is to use #cryptocurrencies to power #fintech products and services that real people and businesses can use.
Read 9 tweets
I'll do you one better. There WAS a catalyst. It's just already passed:


"When real yields go positive, the correlation between negative yields and gold will break."

Lo and behold. Since the 8th, the 10 year has gone more negative.

And #gold is up...
And just to put in in simple terms this time, cause people have been asking for clarification:

Bond yields aren't going up for technical reasons anymore.

They're going up cause of the solvency crisis having morphed into a crisis of faith.

No one WANTS bonds anymore!
So why hasn't the market crashed *today*?

Well, conversion rates and legacy rules. Pension funds can't just start selling their treasuries en-masse.

The Fed is still buying $90B a month, which isn't enough, but it's something which still affects the markets.
Read 25 tweets
1/ ‘Statement of Facts’ from USA Justice Departments case against JPM (JPM signed full agreement):

“JPM Precious Metal traders used deceptive orders to benefit clients#s ..place order to artificially lower price at which the hedge-fund could then buy cheap”#silversqueeze Image
2/ how many times did JPMorgan manipulate the price of precious metals ($Gold #silver):

“In tens of thousands of trading sequences”

#silversqueeze #SilverStimulus JPMorgans unlawful practice...
“By placing Deceptive Orders, the PM Traders intended to inject false and misleading information about the genuine supply and demand for precious metals into the markets, and to deceive other participants in those markets into believing something untrue about supply & demand” Image
Read 12 tweets
Spot gold < $1,720, -1.04%;
Spot silver <$26.38, -1.46%.
#gold #silver $XAU $SLV #XAUUSD Image
Spot silver extends its decline to 2%.
#silver $SLV
#US #treasuries extend slide; 10-year yield to session high 1.472%.
Read 4 tweets
Anybody feels like looking at a few #Global #ETF graphs? Or are you all sitting in front of a big fire, ready for that Sunday braai or potjie?

If there's interest, I'll be happy to show 1 graph for every like or retweet?

#MonthEnd #Markets
That's nr1 (5 likes & retweets). Nice one @RocknDad 😂- saw you sneak in both a like & retweet, but rules are rules.

#SouthAfrica dropping down to 10th in the #Country #ETF YTD rankings. #China losing the lead to #Taiwan. #Brazil new current holder of the wooden spoon.
That makes it 2.

#DevelopedMarkets (+2.5% in US$) making a bit of a comeback against #EmergingMarkets (+0.8% in US$) in February. #MSCI #SouthAfrica however outperformed both with 5.3% (in US$) over same period.

$URTH $EEM $EZA
Read 19 tweets
Alright. I promised something shocking, and i'll deliver:

NEW #BUBBLE DETECTED!

I'm not sure how to call this one since it's part of the Options/Stockmarket bubble, but what isn't at this point.

So for this one, ima go with:

"The Counter-Party Risk Bubble"

I think it's big.
Rather then just tell you (since that usually doesn't work) lemme just talk you through my line of thinking:

It started when i replied to this post:


My comment was that a bloomberg terminal is expensive, but spending rent money on options is no problemo.
But that made me think...

Hang on. I've seen news posts before about how options volume has exploded, even exceeded normal share trading. People are ACTUALLY doing it, i'm not just being facetious here.

Now i don't use options myself, but i *have* looked into them.
Read 25 tweets
Yknow i gotta comment on this.

@MacleodFinance Help me out here. I'm reading more and more that "hyperinflation is defined as 50% a month" - but that's *new*.

Years ago when i looked it up i found "economists don't agree on where it starts, but the general line is 10% a month".
I can't remember *EVER* reading about ANY consensus for the decade i've been studying economy and looking up US financial history and general world economic history.

And i'm sorry, but 50% a month is 600% A YEAR!

I'm pretty sure the common man isn't gonna wait that long.
IMO this is just another warping of the economic language by the establishment.

Hyperinflation *cannot* be defined as having a set boundary, because it's largely *psychological* in nature.

LONG BEFORE you lose 50% of your purchasing power a month are you gonna exit the system!
Read 26 tweets
So there's some confusion between short volume and short interest. I pretty much made the same mistake the first time around, because believe it or not.... there's just a fuckton of data to track at this point.

So, short volume is NOT short interest, but, it does tell us things.
Very simply put, "what isn't there cannot be traded".

This goes for us, as we're literally buying silver to take it off the market. Whatever's part of "market volume" doesn't include *my* PSLV shares, because i'm not actively trading them.

So you're looking at buys and sells.
Read 19 tweets
#BOND WATCH!

🚨🚨MEGA ALERT!🚨🚨

#USA 30 YEAR REAL YIELD GONE POSITIVE!

@HustlerHindu reminded me i once said;
"The only thing i fear is US real rates going positive"

We're here.

#WallstreetSilver #Silversqueeze $PSLV #PSLVChallenge #fintwit @WallStreetSLVR @Galactic_Trader
The reason i said that is simple.

"Once real rates go positive, they won't be able to be stopped."

"When real rates go positive the negative rates/gold correlation will break, as it's not causation"

"Rather going up with yields going down, gold will go up with yields going up"
Read 4 tweets
#Silver #Comex #shadowcontracts #Update!

Nailed it.

Benefit of experience boys. If you were wondering why shadowcontracts continued in Silver; This is why.

They knew.
#silversqueeze #WSS #Wallstreetsilver #PSLV $PSLV #PSLVChallenge #Fintwit @WallStreetSLVR @Galactic_Trader
With 28k on the docket, probably reducing to -19,5k/-20k on the final report, they're about 10k away from their previous high, with today and tomorrow to go to roll over.

WHATEVER OPEN INTEREST IS LEFT ON THE 25TH, STANDS FOR DELIVERY!

Today, the 24th, is of the biggest import.
As i said, the biggest rollover day happens 2-3 days before the end. We just had it.

Under normal circumstances, i would imagine anywhere between 3 to 8k rollover today and then 2-3k tomorrow, putting final delivery around 15k - Quite substantial but probably not enough.
Read 6 tweets
#Silver #Gold #Platinum #Comex #Shadowcontracts UPDATE!

#Silversqueeze/#PSLVChallenge edition!

With interesting data on $PSLV and $SLV shorts. Data first, analysis below! 👇

#WSS #Wallstreetsilver #PSLV #goldsqueeze #platinumsqueeze #Fintwit @WallStreetSLVR @Galactic_Trader ImageImageImageImage
First the one everyone wants to know: #Silver.

77 shadowcontracts, meaning +385,000 ounces found and put up for delivery *this month*, before the delivery wall hits in just a few days. Calendar says "last day of delivery 26th of February" - these ounces will be delivered by then
Preliminary rollover of -10,8k which'll go up to ~-11,5k in the final report. I've seen these numbers before and it was expected, the question is, is that gonna happen more?

To hit the previous record of ~16k, they need to shed another ~32k contracts in 4 days.
Read 21 tweets
for the amateurs/new followers interested in #silver space

just a quick manual on how to play catch-up, as my analysis is focused on LT-followers.

we are playing this #silver bull cycle with both physical, and silver miners.

1
15% is in physical goldventures.org/blog/overal-po…

best ways
1. coins & bars (sold out or very high premiums)
2. for dollar investors $PSLV (avoid $SLV)
3. for euro investors i prefer Kinesis as you avoid dollar risk Euro
goldventures.org/blog/kinesis-m…

2
most important for big gains, is a well diversified portfolio in #silver miners.

i avoid ETF's as $SILJ as the performance is inferior to a basket.

i prefer juniors as they will outperform majors in a unleveraged way by at least 2x

3.
Read 8 tweets
Read 17 tweets
1) Tacitus gives a fascinating insight into economies, trade and attitudes towards wealth at the northern frontiers of the Roman empire:

"Germanic peoples take pride not in how much coin they have but in how many animals they own - this is the only measure of wealth they value..
2) "The gods have denied the Germans gold and silver - maybe to punish them or perhaps to do them a favour, I cannot say. We can't be totally certain there are no gold or silver-bearing veins in Germany because after all, who has ever looked?"
3) "Either way, the Germans have a total lack of interest in owning or using gold and silver. The people are indifferent to precious gifts and you can see the silver vessels presented to their leaders thrown aside with disregard as if they were pottery.."
Read 6 tweets
As it's yet again been one of those light news weeks for #Bitcoin, let's get down to brass tacks. Bitcoin is now the 6th... largest... currency in the world. ✊ It's 7th if you include gold. This is quarterly update #11.
2/ For 12 years the world's been trying to understand #Bitcoin, forget Bitcoin, legitimize Bitcoin, criticize Bitcoin, love Bitcoin, hate Bitcoin. Bitcoin is a protocol, it does what it does. But if you want to speak of its value as money, you gotta understand the monetary base.
3/ What follows isn't a lesson in stimulus or bailouts, whatever the world faces. It's an attempt at painting the monetary landscape around the globe. This is an exercise in perspective. The dollars, euros, and yen we're all familiar with, collectively, are worth $27 trillion.
Read 75 tweets
GoGold, a compelling acquisition target for First Majestic
$AG $GGD.TO

As per KN’s recent interview (w/ MSE), FM currently considering M&A. Looking for “bigger things”, scouring world for “chunky assets” & maintaining silver focus. “Finding good silver mine v. difficult”.

1/21
Let’s explore.

FM’s goal: To become world’s largest primary #silver producer. Silver reserves ⬇️ & silver % of rev ⬇️. GGD offers immediate pdn at Parral (>2Moz AgEq/yr) and its crown jewel, Los Ricos, a HQ dev’t project in Mexico, wd substantially bolster FM’s pipeline.

2/21
$AG
Rsvs/Res.

Declining Silver Reserves at Core Assets
-Santa Elena (SE), La Encantada (LE) and San Dimas (SD) aggregate reserves fell 5.7Moz AgEq (6.1Moz Ag) in 2019 and 9.3Moz AgEq (10Moz Ag) since YE2016 (ex-San Dimas [acq. 2018]).
-Since 2013, 2P relatively unch.

3/21
Read 21 tweets
Today’s gold and silver action looked like a classic case of smack the metals and buy the stocks.

A nice divergence that showed stock purchasing strength in the face of a metal price decline.

In the past we see a rally follow such action. #gold #silver
Also, to comment on the action with the silver etfs and coin dealers. There has undoubtedly been a large draw down in inventories.

The etfs have expanded and coin dealer inventories drained. Both of these entities have purchased silver in the option market to offset sales
Historically when the major metals etfs experience a large capital influx, issue new shares and purchase metal, their is a lag effect in the spot market
Read 17 tweets
IMPORTANT‼️ Read article in thread from Sprott

“ One day soon, a customer will arrive at one of these locations and demand immediate delivery of the "physical metal" they have been led to believe they hold in their unallocated account....

1/2

#Silver #Physical #silversqueeze
2/2 #Silver #PhysicalSilver #SilverSqueeze

“When that customer is then told that their metal is not on hand and that they must wait 90-120 days for delivery, an old-fashioned bank run will follow.”

sprottmoney.com/blog/Groundhog…
“Thus, it is again time for every investor in precious metals to understand that there is only one way to force a change in the pricing system. Only direct acquisition of physical gold and silver can accomplish the changes we desire. And why is this? “ .....
Read 5 tweets
Understanding $GME & the movement that’s going on #wallstreetbets vs #WallStreet Billionaires. People were buying $GME for a few reasons
1. To make money
2. Stick it to a bunch of Billionaires & insiders
3. B/c everyone is tired of holding the bag
What does 3 mean?!?
The #wallstreetsbets are avg Americans who have lost a lot from Govt lockdowns in 2020 to collapsing home prices in 2008. Americans are pissed who constantly see headlines of trillions being printed & only get $600 stimulus check and realize where the other Billions are going?
Now why was the #silver short squeeze a bigger deal then $GME b/c there are enough intelligent people out there who understand that we are in a fiat debt based system & owning all the precious metals & sending the price higher exposes the #greatfiatponzischeme ultimately..
Read 6 tweets
1. Do you think #Silver #ag or #Gold can be confiscated by the US GOV?
It CAN and it has happened before.
FDR and guess who wants to be Roosevelt now? Biden
2. Exec Order 6814, dated August 9, 1934, Requiring the Delivery of All Silver to the United States for Coinage and required all persons to deliver silver to the U.S government pursuant to the Silver Purchase Act of 1934...
fff.org/2020/03/12/fdr…
fff.org/2020/03/12/fdr…
3. Executive Order 6102 is an executive order signed on April 5, 1933, by US President Franklin D. Roosevelt "forbidding the hoarding of gold coin, gold bullion, and gold certificates within the continental United States."
theconversation.com/how-the-us-gov…
Read 8 tweets
1# THIS IS BS!!! Please LISTEN REAL clear. Who cares if #Citidel $BAC #bankofamerica $MS #morganstanley $UBS #UBS $WFC #wellsfargo R the largest owners of $SLV. It DOES NOT matter AT ALL! The VERY little they own in #Silver can NOT save them! All banks do business with each other Image
#2 Buying #Silver is a for sure way to take down ALL of the corrupt banks!! $JPM & $GS & many others R #short #Silver. The #FederalReserve is short #Silver. If we all buy Silver the corrupt banks will #FAIL! Buy ALL THE $SLV $PSLV & #Physical U can. Please be CLEAR #silversqueeze
#3 it DOES NOT matter that some of the banks, market makers or brokers own $SLV!! They don’t own enough to save them from their own demise. So what if they are long $SLV , they are short in the futures markets , options & the biggest is loaning out Silver IOU paper contracts that
Read 5 tweets
#SilverSqueeze: Silver making fresh highs above $29. $XAGUSD now trading at $29.13 as it moves toward the August $SLV high of $29.86.

Above $29.86 and #Silver is making fresh 8 year highs.
Silver just hit $29.17
#Silver still pumping on the #SilverSqueeze. It just broke the August 8 high of $29.40.

Next stop would be $29.83 if it holds above this price.
Read 6 tweets

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