Honza Černý Profile picture
Oct 11 5 tweets 1 min read Read on X
🧵 Reflection II: What if China isn’t trying to dominate with weapons — but with ounces? 🪙🐉

1️⃣
While the West stacks paper, China might be stacking something else — time, strategy, and real metal.

What if the negative silver premium isn’t a weakness… but an opportunity quietly handed to its own citizens?Image
2️⃣
Letting households buy physical gold and silver below world prices could be a form of silent wealth transfer.

From the system to the people.
From paper to tangible value.
It strengthens the base — not the headlines.
3️⃣
When millions of citizens hold metal, the nation holds stability.

If fiat stumbles, trust doesn’t vanish — it shifts into something real, already inside the borders.

That’s not just economics. That’s strategic psychology.
5️⃣
In a future where currencies reset,
the side with real metal, not paper promises,
sets the new rules.

Maybe China isn’t preparing for war.
Maybe it’s preparing for valuation.
#Silver #China #SGE #Macro #Reflection
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More from @honzacern1

Oct 13
🧵 1/
🚨 Silver just broke $50.
Now at $51.40/oz, up +2.2% today — and smashing through every technical ceiling in sight.
This isn’t a rally anymore.
It’s a structural break.
#Silver #SilverSqueeze
2/
LBMA clearing data for August showed +26% jump in silver transfers — fewer transactions, but 43% bigger average size.
That’s not “trading.”
That’s metal moving across oceans.
COMEX → London.
Spot market’s starving for real ounces.
3/
When it takes 18 years to open a new gold mine in Australia, imagine how long it takes to restart a silver supply chain already running dry.
Demand can overwhelm supply fast.
#Gold #Silver
Read 5 tweets
Oct 13
1️⃣
🚨 BREAKOUT CONFIRMED
Silver just hit a new all-time high — $51.47/oz.
This isn’t a rally. It’s a rupture in the system. Mini thread with a big meaning 💥🧵
#Silver #SilverSqueeze
2️⃣
For years they said: “Too heavy to move, too cheap to care.”
Now silver is proving why real money always finds its way out when paper markets run dry. 💥
3️⃣
LBMA spot > COMEX futures.
Borrow rates surging.
Physical premiums exploding.
They’re not “trading silver” anymore — they’re fighting for it. ⚔️
Read 6 tweets
Oct 12
Thread 🧵 | Something big is brewing behind the scenes

1) Nomura: reports $150B in forced selling on Oct 10.
Funds were liquidating, margin calls flying. Somebody had to raise cash — fast.
#Markets #BlackMonday Image
2) Meanwhile, Trump posts on Truth Social:

“Don’t worry about China, it will all be fine.”

When politicians start saying don’t worry, it usually means someone is definitely worried. Image
3) Within an hour, Bloomberg reports:

“China declined a US phone call after export control announcement.”
Diplomacy freezes. Communication breaks down Image
Read 4 tweets
Oct 12
🧵 | Why London “needs” COMEX silver
1️⃣
Let’s be clear:
London doesn’t need silver to trade it —
it needs silver to survive its own lie.
#Silver #LBMA #COMEX Image
2️⃣
LBMA runs on “unallocated” paper promises.

No one actually owns metal — they own a claim on a claim on a claim.

When someone dares to ask for real bars, the vaults suddenly “need a few days.”
Cute.
3️⃣
So what happens when those requests pile up?
They call New York.

COMEX “lends” metal — not sells it — so London can pretend it’s solvent for another week.
Read 9 tweets
Oct 12
🧵 1/ “What is debt?”

Most people think debt is just “money owed.”

But in truth — debt is trust.

When you lend, you’re saying: “I believe you’ll return the value later.”

No trust → no debt → no system.
#SilverStackers #SoundMoney Image
2/
Every modern dollar, euro, or pound is debt.

Your bank balance = the bank’s promise.

Government bonds = IOUs wrapped in confidence.

When debt expands, money expands.
When debt contracts, money dies. 💀
3/
That’s why debt IS the currency.

We don’t trade gold or goods anymore — we trade promises.

A promise backed by… another promise.
It’s turtles all the way down. 🐢

#SilverSqueeze #MonetaryReset
Read 8 tweets
Oct 11
Thread 🧵 | David Jensen: The “London Promissory Note Market”

1️⃣
Mining executive & metals analyst David Jensen (@JensenStrategic) says it plainly:

The LBMA isn’t a bullion market — it’s a promissory note factory.

Unallocated paper claims there are orders of magnitude larger than COMEX futures.
#Silver #Gold #LBMA
2️⃣
LBMA’s spot market trades over 300 million oz of silver daily, equal to 3 billion oz turnover —
in a world that mines ~850M oz per year.

That’s not “liquidity.”
That’s leverage on promises.

Meanwhile, COMEX averages just 100–200k contracts daily (~0.5–1B oz).
3️⃣

For gold, London holds ~385M oz in paper claims vs 280M oz in vaults, much of it locked in ETFs or leases.
Translation: the “physical” market is a spreadsheet illusion.
COMEX may set headlines,
but London sets the price — on paper.
Read 7 tweets

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