John Wernsten

Building @TellusAI to bring down language barriers | Tracking markets & commentary

[John Wernsten @johnwernsten]

"Save, you must. Spend, you must not."

"Fear leads to debt. Debt leads to suffering."

"Hmmm… diversify, you should."

"The interest compounding… powerful it is."

"Control emotions, you must. Market crashes, they do."

"Patience, the investor’s ally it is."

"May the funds be with you."

[Peter Schiff @PeterSchiff]

Last week $MSTR sold 32 Bitcoin for about $2.5 million at an average price of $77,135. Since Bitcoin's biggest buyer has now become a seller, where will the new demand come from to sustain the pyramid? Bitcoin is already below $72K, which is about 7% below where @Saylor sold.

[Watcher.Guru @WatcherGuru]

BREAKING: Michael Saylor's 'Strategy' sold 32 Bitcoin worth $2.5 million.

[John Wernsten @johnwernsten]

@AshCrypto History has been wrong so far about BTC’s value, because it has no value. Price history is deceptive.

Soon we will see price reflect the value.

[John Wernsten @johnwernsten]

BTC just fell below $68,000, making it no better off than it was in November of 2021.

Considering the U.S. CPI with an annual inflation of 3.78% since the high in 2021, BTC is down over 17% in real value since then.

Priced in Gold, this looks even worse.

[John Wernsten @johnwernsten]

BTC is down 65% from its ATH, and again down below its 2017 high priced in gold.

Even priced in USD, BTC is just up 1.3% since its high in 2021—that's a 0.25% annual return over the past 5 years. Even low yielding bonds beat that.

Considering inflation, that's a negative return

[John Wernsten @johnwernsten]

In this environment, silver CAN'T be overbought — that is a financial term; silver is an important commodity.

Real production will halt unless they get their silver, like the aerospace industry, defence, tech, AI...

Since silver is going into a shortage, price will rise. RSI is just a function of price, without incorporating any other crucial information.

[Bull Theory @BullTheoryio]

🚨THE SILVER MARKET IS BEING HEAVILY MANIPULATED RIGHT NOW.

Silver is trading at two completely different prices at the same time.

In the US (COMEX), silver is around $92. In Shanghai, physical silver is around $130. That’s a 40%+ premium in Shanghai.

Same metal. Two prices. And this gap is exactly what manipulation looks like.

Here’s why:

1. COMEX IS MOSTLY A PAPER MARKET

In the US, silver trading is dominated by paper contracts. Most of the volume is not real silver moving around. It’s contracts being bought and sold. And the paper to physical ratio is estimated around 350:1. That means for every 1 real ounce, there can be hundreds of paper claims.

So when big players dump paper contracts, the price drops even if physical silver is still tight. No actual silver needs to be sold.

They just sell paper and push the price down.

2) SMM AND SHANGHAI REFLECT REAL PHYSICAL DEMAND

SMM prices reflect actual physical transactions inside China. Silver holding around $120 there already shows stress. Shanghai spot prices near $130 show something even clearer: buyers are paying up because they need physical silver now.

These premiums appear when supply is tight, delivery matters, contracts are not enough. Shanghai is not pricing paper leverage. It is pricing availability.

Where paper dominates, silver prices are suppressed. Where physical demand dominates, silver trades much higher.

COMEX shows a paper price. SMM and Shanghai show the physical price.

The gap between them is proof that silver prices are being heavily influenced by paper trading, while the real market is already clearing much higher.

[John Wernsten @johnwernsten]

@AshCrypto Look, the USD is also up over 32% against Silver today!

Is BTC another fiat currency?

[John Wernsten @johnwernsten]

@swervswerv @WatcherGuru Probably within days. China is buying silver at almost $30 premiums. They are buying everything they can right now!

[zerohedge @zerohedge]

China will gladly buy all the silver you have to sell: Shanghai premium hits mindblowing $29/oz, up 50% in one day

[John Wernsten @johnwernsten]

@zerohedge What a golden opportunity to long.

[John Wernsten @johnwernsten]

Silver is down 33% on the day. For anybody who waited for a pullback to buy, this is it.

Remember, silver is still up 7% this month.

Since inflation is picking up its pace, and since silver is running into short supply, silver will soon return to its ATH.

[John Wernsten @johnwernsten]

The drop in gold and silver miners today, along with gold and silver themselves, is truly a "gold mine". It is not that often you get such a "golden" drop. Also, remember, priced in gold, gold miners are still very cheap.

[John Wernsten @johnwernsten]

@awesom_o @WatcherGuru If he'd used the same strategy, buying the same $ amount of Gold instead of BTC since 2020, he'd be at a portfolio value of ~$73.5B instead of ~$61.3B as of 17th November 2025 – i.e. ~25% higher RoR.

[John Wernsten @johnwernsten]

@Vivek4real_ But most people don't need to transfer million, or even thousands of $.

Most people make small transactions. In high congestion BTC fees can hit $2+

In bulls runs during 2024-2025, BTC fees hit $50+ making the use of BTC for normal transactions undesirable.

[John Wernsten @johnwernsten]

@AshCrypto Despite all the buying?

[John Wernsten @johnwernsten]

Everything's going to $200T.

In November 1923, 1 USD was worth 4.21 Trillion German Marks.

Maybe in November 202X, 1 BTC will be worth $4.21T USD.

Whether you even can buy a dozen eggs for that 1 BTC doesn't matter, as long as you focus on that big "T"...

[Vivek Sen @Vivek4real_]

🇺🇸 INVESTING LEGEND GARY CARDONE SAID #BITCOIN IS GOING TO $200 TRILLION 🚀

“IT’S GOING TO EAT EVERYTHING”

[John Wernsten @johnwernsten]

@AshCrypto Soon these institutions are the only ones making up the market – unless they already do...