IVR.AX and silver

[stefk]

Since some years now I am invested in silver, in physical and IVR stock. I bought IVR some years ago at 2cents. I am now a member of the glorious autist degenerated community on reddit, LOL, I give them my support. If the short squeeze in silver becomes reality, we could make a killing with the silver juniors. It becomes very interesting

https://coingape.com/silver-price-gap-o ... ll-orders/

https://www.nextminingboom.com/thomson- ... r-squeeze/

[Budge]

Since some years now I am invested in silver, in physical and IVR stock. I bought IVR some years ago at 2cents. I am now a member of the glorious autist degenerated community on reddit, LOL, I give them my support. If the short squeeze in silver becomes reality, we could make a killing with the silver juniors. It becomes very interesting

https://coingape.com/silver-price-gap-o ... ll-orders/

https://www.nextminingboom.com/thomson- ... r-squeeze/

I'd pay attention to Max Keiser, he knows what he's talking about on this subject. He led the last silver attack on JPM and their shenanigans a decade ago and it didn't come off.

[stefk]

https://www.marketwatch.com/story/insid ... 1611624945

A lot of money could also flow from the market to the silver sector

[Budge]

https://www.marketwatch.com/story/insid ... 1611624945

A lot of money could also flow from the market to the silver sector

Silver futures gapped up to $29.25 at Sunday open.

[extra123]

Hi All - I see that there are a few portfolios for the plunder from down under. Is it fair to assume that the only tickers to get into are those whose price is below the 'Buy Up To Price'? If not, any feedback on how to trade these positions is appreciated. IVR.AX is popping so congrats to those that got in that one.

[stefk]

i love the smell of a silversqueeze in the morning

https://www.kitco.com/charts/livesilver.html

https://www.barchart.com/stocks/quotes/ ... tive-chart

[SOL]

Looks like the Reddit crowd is doing a decent job of causing chaos in the markets.

Retail sites for silver have been overwhelmed with demand for bars and coins, suggesting the frenzy that roiled commodities markets last week is spilling over into physical assets.

Sites from Money Metals and SD Bullion to JM Bullion and Apmex, the Walmart of precious metals products in North America, said over the weekend they were unable to process orders until Asian markets open because of unprecedented demand. The start of Monday’s trading session saw silver futures jump more than 8% as a frenzy that roiled stocks last week spread.

“Pretty much physical silver is almost all gone in terms of live inventory,” Tyler Wall, president and chief executive officer at SD Bullion, said in a Bloomberg TV interview. “Currently we’re seeing the premium -- the price you pay over spot to get actual physical silver in your hands -- is skyrocketing. Most stuff on our website’s at least 30% over spot and we can’t source it for much less than that right now from our wholesalers.”

Robert Higgins, chief executive officer at Argent Asset Group LLC in Wilmington, Delaware, said he’s been on the phone trading all day, with people desperate to buy gold or silver.

“It’s a very, very tight physical market right now,” he said. “And I don’t know there’s any answer to it except when things calm down or the market explodes on Sunday at 6 p.m.”

Retail traders, inspired by Reddit posters, stormed into the silver market last week and successfully drove up prices of the physical metal, silver miners and exchange-traded funds. Spot prices, silver futures on the Comex and the largest silver exchange-traded fund, iShares Silver Trust, all climbed more than 5% in the week.

https://finance.yahoo.com/news/silver-r ... 56039.html


This has long term implications. One unleashes a swarm to cause chaos and destroy the old way of doing business and then new models are created. What better way of destroying the old guard than by pushing the theory that is time to level the playing field. Now it's the old guard (really the middlemen/brokers) that are getting smashed as the top players have found better ways of making money. Remember when we first mentioned the culling of many of these fat middlemen, we stated that these players were miking terrified cows, the happy cow produces the most milk and the top players prefer to milk a happy cow because you get a lot more milk and the quality is 3X better. Many at the very top have had it with these fat pigs, so its time for a slaughter

Let's see how far they allow the silver markets to be pushed. The higher silver is allowed to trade, the direr the consequences for these overpaid middlemen

[stefk]

Hi All - I see that there are a few portfolios for the plunder from down under. Is it fair to assume that the only tickers to get into are those whose price is below the 'Buy Up To Price'? If not, any feedback on how to trade these positions is appreciated. IVR.AX is popping so congrats to those that got in that one.

I am also in IPT.AX, it is still cheap at 2cents. They have a lot of PGM in Broken Hill

https://www.impactminerals.com.au/site/ ... roject-nsw

In commonwealth, we have a porphyry deposit with gold and silver

[stefk]

Hi All - I see that there are a few portfolios for the plunder from down under. Is it fair to assume that the only tickers to get into are those whose price is below the 'Buy Up To Price'? If not, any feedback on how to trade these positions is appreciated. IVR.AX is popping so congrats to those that got in that one.

PNX.AX also becomes interesting with the silver rallye

https://pnxmetals.com.au/projects/north ... k-project/

Hayes creek, 16Moz of silver. This stock is still cheap

[stefk]

https://www.visualcapitalist.com/silver ... ar-and-ev/

No matter we are pro/for Greta (by the way, we dont see her anymore), but the green trend is everywhere. And silver takes a great part in this trend.

https://www.visualcapitalist.com/the-si ... rt-2-of-3/

Silver supply declines each year since 2015. In these conditions, it will become more and more difficult for the banks to suppress the silver price.

[bpcw]

https://www.visualcapitalist.com/silver ... ar-and-ev/

No matter we are pro/for Greta (by the way, we dont see her anymore), but the green trend is everywhere. And silver takes a great part in this trend.

https://www.visualcapitalist.com/the-si ... rt-2-of-3/

Silver supply declines each year since 2015. In these conditions, it will become more and more difficult for the banks to suppress the silver price.

I used to be a PM's bull, and especially silver but got burnt a couple of times. Learnt that this market is no longer about fundamentals and that there were lots of other investment opportunities. Holding
the physical for the long term is not a bad idea and investing a small percentage in miners but the 'they can't suppress silver for too much longer' has been around years so I wouldn't hold out for it, if we do eventually get a short squeeze, then a little investment will go a long way.

[stefk]

I also was a PM bull, especially with palladium, and I bought a lot in the year 2004, following a recommandation of Sol. I sold it with very good benefits in 2019. What happened with palladium, happens with silver now. Palladium was also very shorted, but the demand for the physical metal was so strong in the last years, with the decline of diesel motors in the world, the short paper positions were unsustainable. And look the parabolic price reaction. It could happen the same with silver. Therefore, I am fully invested in physical silver and IVR

[SOL]

Hi All - I see that there are a few portfolios for the plunder from down under. Is it fair to assume that the only tickers to get into are those whose price is below the 'Buy Up To Price'? If not, any feedback on how to trade these positions is appreciated. IVR.AX is popping so congrats to those that got in that one.

You could open an account with Interactive Brokers, they allow you to trade securities all over the world. or open an account with OZ broker.

[bpcw]

I also was a PM bull, especially with palladium, and I bought a lot in the year 2004, following a recommandation of Sol. I sold it with very good benefits in 2019. What happened with palladium, happens with silver now. Palladium was also very shorted, but the demand for the physical metal was so strong in the last years, with the decline of diesel motors in the world, the short paper positions were unsustainable. And look the parabolic price reaction. It could happen the same with silver. Therefore, I am fully invested in physical silver and IVR

Depends what you mean by fully invested, if you mean 100% in silver/silver miners, then I would suggest this is unwise, if you mean you have a portion of your overall portfolio in these but are diversified in other investments then I totally agree and think it's worth a punt!

[stefk]

No of course, I am not suicidal, with fully I mean a lot, I mean I dont have another PM, I profited of the low prices last year and two years ago, 1,4M IVR stocks bought at 2c. and 3 monster boxes at 19$/oz. In french I would say à fond la caisse, but its not 100%.