Discover and read the best of Twitter Threads about #silver

Most recents (24)

1/ Could the #LME #nickel fiasco happen to the #Comex #gold and #silver market?

On my recent Twitter Spaces with @PalisadesRadio I mentioned that we may have a problem with current and future availability of gold and silver bars from the expanded refiner list.

Please retweet!
2/ Back in 2020, the #CME expanded the list of approved refineries whose bars are eligible for good delivery to the Comex. This was due to overwhelming demand for physical product and to maintain an orderly market. bullionstar.com/blogs/ronan-ma…
3/ 51 #LBMA approved gold refineries had been added to the eligible brand list for the COMEX 100 (GC 100) gold futures contract. Of the 51 refiner brands, the top countries represented are 12 refineries from China and 7 from Russia.
Read 18 tweets
Versión en español ⬇️

Spanish Version ⬇️
🇵🇦 Ley Panamá blockchain, cripto, metales preciosos tokenizados.

21/04/2022 fue un gran día.

Panamá logró un gran paso hacia la integración del sistema financiero tradicional con las nuevas tecnologías y economías digitales🥇

⬇️
Se aprobó en la cámara legislativa, el primer debate de una ley que mejora la economía de un nuevo Panamá.

Esta ley es un compendio de 3 anteproyectos de grandes mentes innovadoras y diputados del país; @gabrielsilva8_7 , Cenobia Vargas, Roberto Abrego, entre otros.
Read 27 tweets
🇵🇦 Panamá Blockchain, Crypto, Tokenized Precious Metal Law

21/04/2022 was a great day.

Panama achieved a great step towards the integration of the traditional financial system with new technologies and digital economies🥇

⬇️
⬇️
It was approved within the legislative chamber, the first debate of a law that improves the economy of a new Panama.

The law is a mix of the 3 previous drafts of great innovative minds and deputies of the country; @gabrielsilva8_7 , Cenobia Vargas, Roberto Abrego, among others
Read 26 tweets
1/ The #PhysicalVersusPaper discussion and the effect on silver’s price can be a heated topic. Part of the last “#spaces” event we touched on various #derivative products constructed by BofA and JP Morgan.
2/ Expanding on this topic where #Silver (the actual metal) is used as a ploy to create publicly traded #investments, let’s look at 2 more traded #securities.
3/ Just like buying processed food, what is on the front of the box may not necessarily have anything to do with the actual ingredients listed on the back label. Remember to read the #nutritional facts in the prospectus before consuming.
Read 11 tweets
#gold and #silver plus $gdxj and $silj looking so nice. Love the coiling action on the 6 month charts but the huge 10 year cup and handle looks explosive. We have set up for an epic squeeze and likely draining of LME and COMEX inventories. Their will be shenanigans…
Best get your physical or hold real physical etfs that don’t play with paper contracts. I own $pslv and $phys. I hold a balance of both as a cash alternative (cause I hate cash with a passion)

Just like nickel took off and the rules got changed at the LME. So will gold & silver
There are absolutely massive shorts in gold and silver. They will end up getting government support. The rules will be changed when the exchanges fail to deliver and longs will get cashed out. But the metals will run. Physical market will react with vengeance.
Read 4 tweets
#gold the metal millennials say their generation doesn’t care about…

But, us Gen Z’ers also know they are a broke ass generation and experience extreme FOMO. They also pile into crap like $gme

It’s not a matter of if but when they greed buy gold.
Nearly everyone in my generation swore off #gold and #silver as relics in the late 90’s and piled into the future.. #tech stocks and #internet related businesses #dot-coms

Nearly everyone got their assess handed to them and destroyed a good chunk of their early savings
Savings that could have compounded greatly for them and worth a fortune 25 years latter had it been prudently invested in counter cyclical quality companies at the right time. But, contrarian investors performance, by definition, can only be achieved by a few.
Read 8 tweets
As the first rate hike of this new (imho very short) rate hike cycle is getting closer, let's have a look at the performance of the #USD, #commodities and #gold before and after the first hike:
Will the #USD rally? Not necessarily..

The period prior to a US tightening shows a rally in the USD but very often weakens in the 6-month period following the first hike....
What about #commodities? Consensus would tell us that raising rates will cause commodities to sell off.

Not really. ..The first rate hike proved to be close to the bottom for the 2015 cycle, and all cycles were higher a couple of months out...
Read 7 tweets
Spot #palladium falls 10.7% on day at $2,518.25/oz, spot #gold extends losses to 1.3%. $XPD $XAU
Spot #palladium falls below $2,500/oz, down 12.4% on day. $XPD
Spot #silver plunges more than 3%, spot #gold down 1.7%. $XAU $XAG
Read 6 tweets
A lot of my fellow silverbugs are into KVT token

One not so great aspect of it right now is that it’s still in ICO stage, meaning only @KinesisMonetary can sell it

That shows a lack of confidence in the price. They “temporarily” suspended trading of KVT for users two years ago
I just question what “temporary” means in this regard. Sounds like a similar time period to “transitory”

Actually longer now, transitory was only one year for the fed’s usage of it
Not saying KVT can’t be a good investment, I just very much question the price that some people seem to be paying for it, I legitimately think it would crash 80-90% if they let it freely trade right now

But if metals go up a few multiples the valuation would make more sense
Read 5 tweets
1/ Ever wonder how Commodities melt up in price? Or How prices of #Gold and #Silver blowout between New York and London? #LME

Please retweet to help others learn.
2/ For many buying physical #preciousmetals, the London price is the primary market for pricing transactions. Although the New York Commodity Exchange (#COMEX) is widely reported and publicly available, this is a derivatives market
3/ How these markets differ can be defined by their users. London’s market provides a pricing mechanism for the physical investor, producer, user, fabricator, etc around the world. The Comex was designed as a hedging market.
Read 18 tweets
The #commodity markets are breaking… it’s like “you money is no good here”

The significance of this can’t be understated. This may well continue to other commodities. It can’t hold up and will just end up creating two markets. A real market cash market and a phoney one
In my opinion this has long been the case with markets like the #silver market where due to goverments/central banks influence the major exchanges do not reflect real world prices or availability. Even major silver etfs have been complicit in this by creating shares…
…for silver they don’t have but simply are contracts to get in the future.

It would appear to me that governments are likely to step in and ‘controls’ on commodity trading now. Determine who’s allowed to even purchase some contracts and who isn’t. Force ‘speculators’ to out
Read 25 tweets
❄️ Catch up on our most-read stories from the #Olympics 👇
A Polish speed skater recalled ‘crying like crazy’ in the back of an ambulance after a 3 a.m. knock on her isolation hotel room door. Here’s what happened reut.rs/3v0FK7y @julienpretotRTR @karolosgrohmann @SNkeats
🏂 One of the #Beijing2022 Winter Olympics venues, the Big Air Shougang, generated a buzz on social media for its industrial look, built at the site of a former steel mill reut.rs/3gMs9ID @readkrystalhu @martinpollard21
⛸ Russian star figure skater Kamila Valieva tested positive for trimetazidine before she won the team event #gold medal. Here is what you need to know about the banned drug: reut.rs/3uMdk0Q @readkrystalhu
Read 10 tweets
2021 Q4 update on global monetary base. Only money supply that economically compares with #bitcoins. Lots of updates this quarter. New currencies. New info. New brand! This is quarterly update #15.
2/ We now have the globe's top 50 fiat currencies included in this research, sourced directly from their central banks. You won't find this info anywhere else. Also we look at historical basic money stocks (i.e. gold & silver). Layer in #bitcoins and we cover it all.
3/ We are updating the brand as well around this research, something a long-time coming. Check out porkopolis.io. In addition to the Crypto Voices podcast, we will be doing frequent video streams of this data and much more long-scale economic charts under the PE brand.
Read 69 tweets
Todays @kevinmuir piece is beyond brilliant and I had to read it twice just to grasp the significance. Kevin has correctly predicted a lot of the fed and market moves to the T and although I haven’t read the
Sequel the recognition that the fed will choose deliberately to be behind the curve will mean #gold and #silver will suddenly explode kind of like the 2 year treasury- slowly then all at once. I clearly do not own enough upside convexity even though I’m up to my skis in
Risk limits to $gld and $slv calls.
Read 3 tweets
Now is the time to be bullish on #gold #silver and #preciousmetals Many experts like @antonioatanasv @SilverChartist @RealRickRule or @TaviCosta has been bullish on #preciousmetals but I truly believe that NOW is the time!👇🧵 1/15
We are in at the begging of an inflationary decade. January #CPI rising at 7,5%, we need to look at previous inflationary periods like the 40s and the 70s. 2/15
Those periods were very different, at the 40s the governmental debt was high due to #WWII but in the 70s the corporate and private #debt was much important and this effect to the monetary decisions of the #FRED 3/15
Read 15 tweets
I get trading #gold and #silver, or the #mining stocks, when the price is running. I do that. But as a long-term #investment, it's absolute shite. I don't get why people want to own it. It barely keeps pace with inflation over the long-run.
A thread 👇👇 Image
Since 2002, #gold has performed better, averaging 9.82%/year.
Basically, if you invested in gold between 1999 and 2002, you outperformed the S&P500 until now. Over any other time frame since then #stocks are the superior #investment choice.
#Silver has a negative return since 1980.
79-80 is a fascinating year and story as two brothers tried to corner the silver market and drive the price up. They did...for a time.
investopedia.com/articles/optio…
Read 5 tweets
Ayer tuve el honor y el placer de estar en @MomentumFinanc3 con @The_Godas. A parte del link del video os dejo un hilo sobre de lo que charlamos!🧵
Hice una pequeña presentación sobre los diferentes periodos inflacionarios y de subidas de tipos y como afectan a los metales.
Delante de un periodo inflacionario como el actual y una inminente subida de tipos, es muy interesante saber como protegernos dichos acontecimientos económicos.
Read 11 tweets
'ENFLATION ENEMY CRYPTO COINS AND #Bitcoin'

In 2011, after the upper break of the channel middle band, only one retest was made and it increased by 3189 %. +++

#Bitcoin #BTC $BTC
#BTCUSD #BTCUSDT
#Crypto #cryptocurrency #cryptocurrecy
#CryptoNews #cryptocommunity Image
In 2013, after the upper break of the channel middle band, only 3 retests were made and it increased by 2195%.

#Bitcoin
In 2017, after the upper break of the channel middle band, only 4 retests were made and it increased by 646%.

#Bitcoin
Read 9 tweets
HILO #SILVER #GOLD #GDX y colaterales minerías metales industriales. SECTORES PERROS en 2021, a vigilar este 2022, Empiezo por SILVER SEMANAL Y GDX semanal, que es otra tematica en la que había mucha literatura/esperanza, pero está todo relacionado, y los mismos niveles. ImageImage
Hay dos zona claves, en plata el 25.50, y en GDX 35 para que en semanal podamos decir que ya existe un nuevo set de minimos y máximos crecientes, es decir nacimiento de tendencia.
#SILVER DIARIO el aspecto técnico divergente es bueno, y es sector perro, quiere decir, que si el mercado se fija en lo barato, no tendrá mas remedio. ImageImage
Read 10 tweets
I’ve been warning people about the cross over investments that tech and crypto investors have in the #uranium market.

My researching crypto and warning of its collapse and the tech bull market ending is due to my concerns of a liquidity down draft spill over effect in uranium
I expect that this will be a continued theme with commodity markets pulling back at times with the broader market but I expect will continue to show relative strength and rebound to new highs in time.
The same thing happened in 2000-2002 as the nasdaq fell apart and the bull market in commodities running from 2000-2010 (depending on the commodity)

Capital will keep leaving the over valued tech and crypto sectors but it will continue to flow to and grow in commodity markets
Read 58 tweets
U.S. Dec. Nonfarm Payrolls: 199K, [Est. 400K, Prev. 249K]
U.S. Dec. Unemployment Rate: 3.9%, [Est. 4.1%, Prev. 4.2%]
#US #NFP #Nonfarm #Unemployment
US Treasury yields fall after NFP; 10-year yield last at 1.7266%.
#US10Y $USD
The change in total nonfarm payroll employment for Oct was revised up by 102,000 to +648,000, and the change for Nov was revised up by 39,000 to +249,000. With these revisions, employment in Oct and Nov combined is 141,000 higher than previously reported.
#US #NFP #Nonfarm
Read 8 tweets
(Thread) Recently someone posted a question regarding how to "hedge for #inflation" on one of the most popular #investment subreddits (r/stocks) and the response to this question totalled well over 400 comments. Of these, only 5 mentioned precious metals and 4 mentioned energy ⤵️
The most intriguing part? Only 1 of these comments gained any sort of traction (regarding $XOM) and it was met with the plenty of skepticism. Which is very odd, considering that the energy spectrum has historically been one of the very best asset classes to hedge for inflation ⤵️
The same goes for PM's, with both #Gold and #Silver right now not getting any sort of attention from the broad retail investment crowd. Reddit is a great way to get an idea of what the proverbial 'flavor of the day/month' is and right now, PM's and energy are not on the menu 🍽⤵️
Read 6 tweets
10 #Bitcoin Cycle Top Price Prediction Models
📈(in ascending order of hopium)

🔬Let's review 10 popular price models for $BTC to see where we could potentially peak.

☝️ BONUS - These targets will INCREASE with time as uptrend will push model prices upward🚀

🧵A Thread [0/11] How high will Bitcoin go in this 4 year cycle?  Here we brea
$BTC Mayer Multiple - by @tracemayer is a price projection calculated as a 2.4 multiple of the #bitcoinprice 200DMA.

🦥Looking at the chart we can see $122,034 is our most conservative price estimate.

💥Bitcoin has overshot this multiple in EVERY cycle peak.

👉 next up

1/11 The Mayer multiple is one of the original Bitcoin price pred
BTC Power Law Corridor by @hcburger1 takes linear regression bands of the historical #bitcoin price to derive a corridor to represent the correlation between bitcoin’s price and time.

🎯$130,622 target
🟢 price is in middle of corridor uptrend

👉 but we can go higher...

2/11
Read 12 tweets

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