Milo Carditis

🇬🇷

[Milo Carditis @milocarditis]

@xTheLastFreeMan @ThHappyHawaiian Who was swearing price could never go down? The silver bugs on X were happy but it was largely a wall of worry. You’re conflating the sharp price rise with irrational exuberance in the market and they’re not the same

[Milo Carditis @milocarditis]

@ClearTradeoffs @SantiagoAuFund You’re in the casino whether you like it or not. Even if you “take all your chips off” and hold USD in a checking account, you’re still betting that the USD will maintain its purchasing power

[Milo Carditis @milocarditis]

@LibertyLockPod @AmyDangerfield If he’s the best analyst alive maybe you should reconsider disagreeing with his prescriptions

[Milo Carditis @milocarditis]

@ThHappyHawaiian This makes the most sense: https://t.co/8OcAmewhix

[Karel Mercx @KarelMercx]

Careful here!

When Hecla sells concentrate to a smelter, the final silver price is often set 1–3 months after delivery (the Quotational Period).

In a fast-rising market, that means Hecla can get paid later at higher prices for metal shipped earlier.

That QP lag can lift “realized” prices above the quarter’s average spot, without implying end-customers are paying a structural premium.

[Milo Carditis @milocarditis]

@Cernovich Incredible how these days 10 years worth of history is enough to prove “always”

[Milo Carditis @milocarditis]

@BuyingMyFreedom @lawyergonerogue Retail is all rushing for the exits. So much so that local coin shops stopped purchasing. The question is does one want to be doing the opposite of retail.

[Milo Carditis @milocarditis]

@BrianKuszmar These are such helpful insights into the retail sentiment. Thanks for posting

[Milo Carditis @milocarditis]

@GarrettGoggin Is it possible that a BTC crash forces Tether to unwind some of their large gold position?

[Milo Carditis @milocarditis]

@BrianKuszmar Thanks for the reply. I think I misunderstood your point. So if a person took delivery off COMEX last year and is holding the CME-rated bars in their possession, they wouldn't necessarily have an easier time selling right now when shopping around local shops.

[Milo Carditis @milocarditis]

@ThHappyHawaiian Key distinction is are they asking about buying or just selling their scrap?

[Milo Carditis @milocarditis]

@ThHappyHawaiian

[Milo Carditis @milocarditis]

@ThHappyHawaiian https://t.co/gty5VPsNwi

[Derek Trotter @DelB0yTr0tter]

Dan Ghali

[Milo Carditis @milocarditis]

@GarrettGoggin I think it’s perfectly fine to go with low cost quality producers. But if you’re following math and data, the math has finally changed for the benefit of high cost producers (after 50 years). They couldn’t work at $25 silver. Math says they’re viable at $50.

[Milo Carditis @milocarditis]

@ThHappyHawaiian Just a little perspective for those silverbugs petrified of the "hockey stick." Silver looked parabolic to a chartist in 1974 when it ended the year at $4.50. It 10x'd from there.

[Milo Carditis @milocarditis]

@CEOTechnician @TheBubbleBubble I think fundamentals are more at play than technicals here

[Shanaka Anslem Perera ⚡ @shanaka86]

THE PLATINUM SINGULARITY

What you are about to read will redefine how you understand precious metals forever.

For 115 years, through two World Wars, the Great Depression, the fall of empires, and the birth of the digital age, platinum has never been this cheap relative to gold.

Not once.

One ounce of gold now buys 2.3 ounces of platinum. The last time this ratio existed, the Federal Reserve did not yet exist.

And yet:

The platinum market is in its third consecutive year of structural deficit. Over 2.5 million ounces have been consumed beyond production since 2023. Above-ground stocks have collapsed to barely four months of demand coverage. Physical lease rates exploded above 25% this year, signaling acute shortage. The London market entered backwardation.

Meanwhile, China has quietly accumulated an estimated 4 million ounces, approximately 80% of global above-ground inventory, while capturing 64% of worldwide investment demand, up from 11% just five years ago.

The catalyst nobody saw coming: On December 16, 2025, the European Union reversed its 2035 internal combustion engine ban. Hybrids and ICE vehicles will continue beyond 2035. Autocatalyst demand extends another decade beyond what markets had priced.

Three nations produce 92% of global platinum. South African output has fallen to 25-year lows. No major new mines exist in the pipeline.

Supply cannot respond. Demand has proven resilient. Strategic actors are accumulating. Physical markets are screaming shortage.

The price has rallied 90% in 2025 to its highest since 2011.

It is still cheaper relative to gold than at any point since 1907.

This is not a prediction. This is arithmetic.

The greatest wealth transfer in precious metals this decade is unfolding in plain sight.

Most will realize too late.

Read the full deep dive article - https://t.co/ip3tigmTTw

[Milo Carditis @milocarditis]

@ThHappyHawaiian It’s tough to put a number on it right now since what the miners are looking for is time spent at an elevated price. A spike isn’t as important to them if it’s going to melt down shortly after. Not looking for a quarter of profits but proof that “this is the new reality” price

[Milo Carditis @milocarditis]

@ThHappyHawaiian For the miners, I think the time spent at high levels is way more important than the spike alone. It’s useless to a miner’s financial health if it spends a quarter above $50 then drops back down to $30.

[Milo Carditis @milocarditis]

@BtcOrNothing21M @Startup_Daily01 @KobeissiLetter Trending towards zero? lol okay 🙄

[Milo Carditis @milocarditis]

@BtcOrNothing21M @Startup_Daily01 @KobeissiLetter Right but the trade off to not paying principal is shareholders give up some of their equity (i.e. dilution). And then the interest/dividends are perpetual to the preferred shareholders (unlike a personal loan). Shareholders aren’t getting anything for free in these transactions