Monday is the Raid, But Don't Fall for High Premiums from Coordinated Bullion Dealers!
Only Buy What you Intend to Hold!
Apes Hold, Banks Fold
#SilverSqueeze | #rWallstreetSilver | #rSilverDegenClub
Never Fall for the Premium Hiking Bullion Companies!
Apes Stack Silver, Not Premiums!
Buy When the Premiums Are Low, Always!
Apes Hold, Banks Fold!
#SilverSqueeze | #rWallstreetSilver | #rSilverDegenClub
The U.S. Treasury under the direction of President Richard Nixon, revalued its 8133 tonnes of physical #Gold holdings TWICE.
**December 1971**, under the Smithsonian Agreement, the official price of gold was raised from $35 to $38 per ounce—a devaluation of the U.S. dollar against #Gold by about 8.57%. This was a one-time adjustment agreed upon by major economies to stabilize currencies after the Bretton Woods collapse.
Later, in **February 1973**, the U.S. dollar was devalued against #Gold again, and the official gold price was raised to $42.22 per ounce.
One of the many reasons why I am so bullish on silver is because it recently broke out of a two-decade long triangle pattern kicking off a new bull market.
Learn more here:
https://t.co/TOrk4d0ya2
$PSLV $SLV
Ruth Crowell, CEO of LBMA says her favorite quote from the 2021-silversqueeze is "Trying to sqeeze the silver market is like draining the ocean" (54:28 into this video):
https://t.co/hQ9myzAVgA
How long till LBMA remove their video from their web page?
If she talks about their digital ocean, perhaps she is right. But in the physical world it is like draining an Olympic swimming pool, which contains 2,500,000 liters equal to 26,200 metric tons of silver. At the end of November their vaults filled 101% of an Olympic swimming pool.
And according to their own numbers, this level has shrunk to 86% (2.141.000 liters or 22,462 metric tons) at the end of February. I believe it shrunk more, no way their vaults shrunk less in February than in January. And March is showing record inflow to Comex, meaning we will see an even lower level when LBMA’s March numbers are released.
At the same time, the crooks at LBMA continue to say that their vaults are more than 1 year of silver production. That used to be the case, but it is a lie when they still say this today. The bigger the problems, the bigger the lies.
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This post was inspired by @MakeGoldGreat . Thank you!
Break! SGE announced: it agreed to absorb PICC Property and Casualty Insurance Co., Ltd., China Life Insurance Co., Ltd., Ping An Life Insurance Co., Ltd. of China, and China Pacific Life Insurance Co., Ltd. to become members of Shanghai Gold Exchange
If you missed out on gold’s record run, take a look at silver - MarketWatch
“Silver is a hidden, precious gem that should be considered by investors looking for opportunity to play gold and silver bull markets,” said Peter Spina, founder of SilverSeek… https://t.co/HcQYqw5Y7I
#silversqueeze
Ladies and Gentlemen,
I do believe the #silversqueeze has kicked off early!
The silversqueeze of March 31 seems to have kicked off early.
Congratulations to those not waiting until the last moment!!
You have your silver and your seats! Brilliant!
You may have heard that banks are aggressively shorting silver to suppress its price but probably don't know what it looks like or its scale.
It's a whopping 211 million oz of silver—1/4 of the world’s annual silver production. Learn more:
https://t.co/hmTYcLlMwM
$SLV $PSLV
#Gold is above $3,000 -- think you missed the move?
Think again. Gold equities are the CHEAPEST they have EVER been relative to the US economy.
The average gold miner would need to increase by 3,300% relative to the S&P 500 to get back to the level it hit in 1980. Just something to consider...
#XAUUSD $GLD $CG_F #goldprice $GDX $GDXJ
Did you know?
In 1980, silver hit $50/oz, the same price it nearly reached again in 2011.
Adjusted for inflation, silver would need to be over $150 today to match that peak.
Yet most people still own zero silver.
🪙 Real asset. Real demand. Still massively undervalued.
📈 Smart money is stacking. Are you?
#SilverSqueeze #StackSilver #SoundMoney