Thread by @honzacern1

🧵 Paper is panicking. Physical is disappearing. 🧵

1/ A lot of old & silver miner stocks just hit limit down. That’s not a signal of weak metal. That’s a signal of forced selling and paper stress.

2/
Here’s the part that actually matters 👇

Major Chinese banks report that available gold bar vaults have been reset to ZERO.

Zero.
Not “low.”
Not “tight.”
Zero.

3/
Withdrawals are no longer instant.

A one-month advance booking is now required —
with no guarantee of delivery time.

That’s not normal market behavior.
That’s rationing.

4/
If gold were plentiful…
If supply were abundant…
If inventories were “fine”…

You wouldn’t need to wait a month
and still be told “maybe.”

5/
This is the split they don’t want you to see:

📉 Paper assets selling off
📉 Miner stocks crashing
📈 Physical metal becoming unavailable

Same market.
Two completely different realities.

6/
When banks restrict withdrawals, it’s not because metal is worthless.

It’s because metal suddenly matters more than money.

Screens can show any price.
Vaults can only show what’s actually there.

7/
Paper holders panic first.
Physical holders wait calmly.

Why?
Because you can’t margin-call a coin in your hand.

8/
Stacking physical metal isn’t about timing tops or bottoms.

It’s about owning something that doesn’t need permission to exist.

9/
Every time delivery gets delayed…
Every time vaults go “temporarily unavailable”…
Every time paper sells while metal vanishes…

Your thesis gets stronger.

10/
This is why stackers don’t chase noise.
We watch flows.
We watch availability.
We watch who’s locking the vault doors.

11/
Paper can be printed.
Contracts can be rolled.
Excuses can be made.

Physical metal?
It either exists — or it doesn’t.

12/
Stay patient.
Stay disciplined.
Keep stacking real metal.

Because when access disappears,
price is just the last thing to catch up.
#Silver #Gold #PhysicalMetal #Stackers #SoundMoney #RealAssets

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