TTTTT, I know
https://www.youtube.com/watch?v=idBDCsmul4Y&t=13s
https://www.zerohedge.com/news/2021-03-04/ignoring-years-silver-price-manipulation-orwellian-cftc-now-goes-after-reddit-apes
The overriding point here is valid. The banksters have been allowed to run amok for years - but when the reddit bros decide to play the same game, enforcement comes swooping in.
Comments
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What’s TTTTT? To Those That Tongue Twats?
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Not your best effort. You're in the Finance Club. Put on a sports jacket man and clean yourself up for Christ's sake. Let's get it together.UWerentThereMan said:What’s TTTTT? To Those That Tongue Twats?
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Texas Tony Tugs Thugs ThrobbersUWerentThereMan said:What’s TTTTT? To Those That Tongue Twats?
Honk 'em. -
I'll allow it.PurpleThrobber said:https://www.youtube.com/watch?v=idBDCsmul4Y&t=13s
https://www.zerohedge.com/news/2021-03-04/ignoring-years-silver-price-manipulation-orwellian-cftc-now-goes-after-reddit-apes
The overriding point here is valid. The banksters have been allowed to run amok for years - but when the reddit bros decide to play the same game, enforcement comes swooping in. -
My dad follows the silver marker pretty closely and is saying the same thing as the article does. He also has read (don't have who wrote the article) that there is only once physical ounce out there for every 186 paper ounces.
Also says that the miners have only been to pull out of the ground 20% of what the manufacturing market needs (chips, equip, etc) are in the last few years.
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That makes silver more interesting to me, then. That it has critical commercial uses makes it different than gold, I presume.godawgst said:My dad follows the silver marker pretty closely and is saying the same thing as the article does. He also has read (don't have who wrote the article) that there is only once physical ounce out there for every 186 paper ounces.
Also says that the miners have only been to pull out of the ground 20% of what the manufacturing market needs (chips, equip, etc) are in the last few years. -
Silver is the best material in the world for conducting electricity but isn't economically feasible to use it that way or unless you have a strong need to do so.creepycoug said:
That makes silver more interesting to me, then. That it has critical commercial uses makes it different than gold, I presume.godawgst said:My dad follows the silver marker pretty closely and is saying the same thing as the article does. He also has read (don't have who wrote the article) that there is only once physical ounce out there for every 186 paper ounces.
Also says that the miners have only been to pull out of the ground 20% of what the manufacturing market needs (chips, equip, etc) are in the last few years.
Since that Monday Morning when the reddit warriors tried to run silver higher, guys who watch it every day can point to a extremely large "sale" of silver by someone (it's one of the 4-10 largest banks as they would be the only ones with that amount available) that kills any rally for the day, or extends it's losses.
No physical supply, not enough for it's commercial uses, and inflation that is well beyond the fed's 2% "target" yet silver keeps drifting lower weekly. Something doesn't smell right.
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All true - didn’t fact check the real to paper ratio but it’s up there.godawgst said:My dad follows the silver marker pretty closely and is saying the same thing as the article does. He also has read (don't have who wrote the article) that there is only once physical ounce out there for every 186 paper ounces.
Also says that the miners have only been to pull out of the ground 20% of what the manufacturing market needs (chips, equip, etc) are in the last few years.
Silver is used in a ridiculous amount of industrial and commercial products (gold too). The key thing is silver is the best conductor of electricity which powers, you guessed it, electric vehicles.
The green new deal is a worthy goal but there’s a disconnect between the extractive resource policies of Obama/Baiden compared to Trump. It takes a long time to get a mine through the regulatory approvals - like years. Aside from the fact that exploration activities ground to a halt for about four years during Obama’s second term because the price of gold and silver were being manipulated by the banksters, it will be several years before enough new production can ramp up to meet demand.
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So let me ask you guys about this silver real to fake ratio. Is it like a bank in that it's not a problem so long as we never have a day where everyone holding paper doesn't freak out and call for their real silver to be delivered?PurpleThrobber said:
All true - didn’t fact check the real to paper ratio but it’s up there.godawgst said:My dad follows the silver marker pretty closely and is saying the same thing as the article does. He also has read (don't have who wrote the article) that there is only once physical ounce out there for every 186 paper ounces.
Also says that the miners have only been to pull out of the ground 20% of what the manufacturing market needs (chips, equip, etc) are in the last few years.
Silver is used in a ridiculous amount of industrial and commercial products (gold too). The key thing is silver is the best conductor of electricity which powers, you guessed it, electric vehicles.
The green new deal is a worthy goal but there’s a disconnect between the extractive resource policies of Obama/Baiden compared to Trump. It takes a long time to get a mine through the regulatory approvals - like years. Aside from the fact that exploration activities ground to a halt for about four years during Obama’s second term because the price of gold and silver were being manipulated by the banksters, it will be several years before enough new production can ramp up to meet demand. -
Pretty much.creepycoug said:
So let me ask you guys about this silver real to fake ratio. Is it like a bank in that it's not a problem so long as we never have a day where everyone holding paper doesn't freak out and call for their real silver to be delivered?PurpleThrobber said:
All true - didn’t fact check the real to paper ratio but it’s up there.godawgst said:My dad follows the silver marker pretty closely and is saying the same thing as the article does. He also has read (don't have who wrote the article) that there is only once physical ounce out there for every 186 paper ounces.
Also says that the miners have only been to pull out of the ground 20% of what the manufacturing market needs (chips, equip, etc) are in the last few years.
Silver is used in a ridiculous amount of industrial and commercial products (gold too). The key thing is silver is the best conductor of electricity which powers, you guessed it, electric vehicles.
The green new deal is a worthy goal but there’s a disconnect between the extractive resource policies of Obama/Baiden compared to Trump. It takes a long time to get a mine through the regulatory approvals - like years. Aside from the fact that exploration activities ground to a halt for about four years during Obama’s second term because the price of gold and silver were being manipulated by the banksters, it will be several years before enough new production can ramp up to meet demand.
Which is why the Reddit bros see it as a ripe target. It’s also a fairly small market. This may also be the vehicle where the preppers can name their price and sell off physical silver for a shit ton of money. Guns and religion ain’t cheap you know. -
Neither is love. They all cost money ... honey.PurpleThrobber said:
Pretty much.creepycoug said:
So let me ask you guys about this silver real to fake ratio. Is it like a bank in that it's not a problem so long as we never have a day where everyone holding paper doesn't freak out and call for their real silver to be delivered?PurpleThrobber said:
All true - didn’t fact check the real to paper ratio but it’s up there.godawgst said:My dad follows the silver marker pretty closely and is saying the same thing as the article does. He also has read (don't have who wrote the article) that there is only once physical ounce out there for every 186 paper ounces.
Also says that the miners have only been to pull out of the ground 20% of what the manufacturing market needs (chips, equip, etc) are in the last few years.
Silver is used in a ridiculous amount of industrial and commercial products (gold too). The key thing is silver is the best conductor of electricity which powers, you guessed it, electric vehicles.
The green new deal is a worthy goal but there’s a disconnect between the extractive resource policies of Obama/Baiden compared to Trump. It takes a long time to get a mine through the regulatory approvals - like years. Aside from the fact that exploration activities ground to a halt for about four years during Obama’s second term because the price of gold and silver were being manipulated by the banksters, it will be several years before enough new production can ramp up to meet demand.
Which is why the Reddit bros see it as a ripe target. It’s also a fairly small market. This may also be the vehicle where the preppers can name their price and sell off physical silver for a shit ton of money. Guns and religion ain’t cheap you know.
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Word. Pretty sure Mrs Throbber v2.0 single handedly saved the economy of the inland northwest today.creepycoug said:
Neither is love. They all cost money ... honey.PurpleThrobber said:
Pretty much.creepycoug said:
So let me ask you guys about this silver real to fake ratio. Is it like a bank in that it's not a problem so long as we never have a day where everyone holding paper doesn't freak out and call for their real silver to be delivered?PurpleThrobber said:
All true - didn’t fact check the real to paper ratio but it’s up there.godawgst said:My dad follows the silver marker pretty closely and is saying the same thing as the article does. He also has read (don't have who wrote the article) that there is only once physical ounce out there for every 186 paper ounces.
Also says that the miners have only been to pull out of the ground 20% of what the manufacturing market needs (chips, equip, etc) are in the last few years.
Silver is used in a ridiculous amount of industrial and commercial products (gold too). The key thing is silver is the best conductor of electricity which powers, you guessed it, electric vehicles.
The green new deal is a worthy goal but there’s a disconnect between the extractive resource policies of Obama/Baiden compared to Trump. It takes a long time to get a mine through the regulatory approvals - like years. Aside from the fact that exploration activities ground to a halt for about four years during Obama’s second term because the price of gold and silver were being manipulated by the banksters, it will be several years before enough new production can ramp up to meet demand.
Which is why the Reddit bros see it as a ripe target. It’s also a fairly small market. This may also be the vehicle where the preppers can name their price and sell off physical silver for a shit ton of money. Guns and religion ain’t cheap you know.
