Jim Forsythe C4SM, SBPM #SilverIsMoney Profile picture
Current: Citizens for Sound Money Chair, Co-founder Silverback PM. Aerospace Engineer. Previous: USAF Pilot, NH State Senator. Ron Paul NH Campaign Chair
Feb 14, 2021 18 tweets 7 min read
I love the hashtag #silversqueeze. It awakened a young generation to Silver. But at the risk of drawing fire, is it time for a rebrand? @S_Mikhailovich called me out on this, quite fairly pushing for #realpricediscovery. My logic to follow People joining #wallstreetsilver and the movement very quickly understand that this is about ending price suppression. In a shortsqueeze, forcing the shorts to buy higher is a temporary thing, before the shorts cover and price comes back down. Perhaps slightly higher.
Feb 13, 2021 5 tweets 2 min read
Crazy idea to help the #silversqueeze. Crowd sourced mint cycling! @TheLastDegree lent me 200KAG, I cycled to add 1800 Oz and sent him the 200 KAG back. Cycling requires enough $ to buy 200 KAG plus the costs of each cycle. If you don’t have enough $ to mint cycle yourself, but a few people want to team up, they could send me KAG, I cycle and send the same amount of KAG back to each. I’d pay the cycle costs, but would earn mint yields and maybe KVT if any are left. @KinesisMonetary #silversqueeze
Feb 13, 2021 4 tweets 2 min read
Great panel discussion on #silversqueeze / #wallstreetsilver. Great quote from Robert Kientz: “It’s not just a trade for them, it’s a movement”. Another great quote - from @ArcadiaEconomic: I love the Wallstreet silver, these guys are inspiring. Totally agree. #wallstreetsilver.