Discover and read the best of Twitter Threads about #silverbacks
Most recents (6)
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...
"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!
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.
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.
🚨IMPORTANT PSA: Gonna start writing again!🚨
Not articles though... Starting work on my books!
TITLE DROPS AND INFO BELOW! 👇
It's time.
#Wallstreetsilver #silversqueeze #Silverbacks #Fintwit @WallStreetSilv @Galactic_Trader @PalisadesRadio @goldsilver_pros @TheEarlyStage
Not articles though... Starting work on my books!
TITLE DROPS AND INFO BELOW! 👇
It's time.
#Wallstreetsilver #silversqueeze #Silverbacks #Fintwit @WallStreetSilv @Galactic_Trader @PalisadesRadio @goldsilver_pros @TheEarlyStage
So, twitter activity will drop down to a more palpable level. I know i've been tweeting/retweeting alot :D Alot's been going on though.
However i think this is a good time for me to start work on the books, because something in me tells me it's important to finish them this year
However i think this is a good time for me to start work on the books, because something in me tells me it's important to finish them this year
I wanna write 3 of them before years end (releasing all at once) so i'd better get started :D
Besides there's not that much left for me to do in the markets at the moment.
SLV wouldn't have changed the prospectus if Comex could supply. The silversqueeze has gone widespread.
Besides there's not that much left for me to do in the markets at the moment.
SLV wouldn't have changed the prospectus if Comex could supply. The silversqueeze has gone widespread.
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.
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.
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.
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.
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".
@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.
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!
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!
$PSLV $SLV #Shorts volume update! Tags first explanation below!
#Fintwit #Wallstreetsilver #Silver #Silversqueeze #Silverbacks #PSLV #PSLVChallenge #PSLVMarathon @WallStreetSLVR @Galactic_Trader @TeminatorTrader @jameshenryand @PalisadesRadio @GoldTelegraph_ @goldsilver_pros
#Fintwit #Wallstreetsilver #Silver #Silversqueeze #Silverbacks #PSLV #PSLVChallenge #PSLVMarathon @WallStreetSLVR @Galactic_Trader @TeminatorTrader @jameshenryand @PalisadesRadio @GoldTelegraph_ @goldsilver_pros
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.
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.
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.
Alright. FIRST SHORT REPORT!
THIS IS NOT FINANCIAL ADVICE! I say this because i've never done this before; And i wanna see if i can find absolute dogshit at or near the top as good as i find absolute gold at the bottom, based on fundamentals alone.
AND THE TICKER IS 🥁
$IRM
THIS IS NOT FINANCIAL ADVICE! I say this because i've never done this before; And i wanna see if i can find absolute dogshit at or near the top as good as i find absolute gold at the bottom, based on fundamentals alone.
AND THE TICKER IS 🥁
$IRM
As you can see, 1,100%+ debt to equity is quite excessive. Combined with my favorite measure, Book value per share, at an eye popping -16.8, i decided to immediately take a closer look. Especially at $32.26 a share! This is no penny stock.
There's more that didn't line up.
There's more that didn't line up.
Market cap is $9,27 billion, but enterprise value is $20,27 billion. This is quite a spread, and usually indicates undervalue (which is how i got attracted to it in the first place).
However. P/E ratio is 69.91!
Now they can't both be right. There's gotta be a reason.
However. P/E ratio is 69.91!
Now they can't both be right. There's gotta be a reason.
