Seeing the despicably cruel, heartless and abusive way that many people in UK and US have responded to the deaths of conservative politicians, Ann Widdecombe and Lindsey Graham, reminds me that the least kind people on earth are ironically those on the #BeKind woke left.
Silver trades in ONLY 2 markets:
1) Physical market
2) Paper market
Let me explain what each is (and why you need to be aware of them):
1) Physical market: Actual bars and coins.
You buy it, you own it, you store it. This moves based on real supply and demand.
2) Paper market: Futures contracts traded on the CME.
You're not buying silver—you're buying a contract that says you have the right to silver in the future.
This uses 10:1 leverage, meaning you only put up 10% of the actual value.
Here's why you need to understand the difference:
The exchange can change margin requirements anytime they want.
They raised it from 10% to 20%, 30%, even 40% during the crash.
When this happens, leveraged traders face two choices: add more money or sell.
For last Friday: At $120, most traders were fully leveraged.
When margins spiked, they couldn't add more cash—they were forced to liquidate.
This created a cascade:
1) Forced selling pushed prices down
2) Trieggered more margin calls
3) Forced more selling
The key difference between these markets:
They can manipulate paper prices by adjusting margin requirements, but they can't create physical silver out of thin air.
While paper crashed 35%, the physical premium in Shanghai hit all-time highs—people were paying $40+ above the paper price for actual metal.
That's the game.
#MAndA#TakeoverRumours#EventDriven
• ATG (LSE) 🟢 Spec Buy — Named bidder (FitzWalter) + hard 2 Feb deadline = real catalyst. Clear #RiskReward for #SpeculativeBuy setups.
• PCTN (LSE) ⚪ Watchlist — Formal sale process live but no bidder yet.
🟢 BUY 3LSI 🥈🚀
#Silver has broken above $90/oz 💥
Cooling US inflation + easing yields = strong intraday tailwind
📈 #3LSI: UP ⬆️
🎯 Target: ~+5% (volatility-driven)
⏰ 13:30 UK – US PPI
🟢 Cool data = spike higher
🔴 Hot data = pullback risk
⚠️ Expect fast moves + big volume
@piersmorgan I'm not sure you'll see this, but I really enjoy Uncensored. However, can you get the person to schedule it after Emmerdale so I can get the programme in, and then watch the Five lol - Shane, Nottingham
.@RobertIger
Dear Bob,
I assume that you have been made aware of this affidavit which was made public earlier today in which a whistleblower states that @ABC worked closely with the @KamalaHarris campaign in sharing the substance of the questions, avoiding certain topics, agreeing on the staging, committing to fact check @realDonaldTrump and not Harris, and more disturbing details.
I find the allegations credible as written and also because the affidavit was apparently made and filed the day prior to the debate and makes mention of Harris’ smaller podium and other details that only became public thereafter.
While I can’t determine the veracity of the allegations, they do match substantively what took place during the debate. The moderators of the debate — @DavidMuir and @LinseyDavis — have yet to respond to the allegations. Since they have not yet done so, one must draw a negative inference.
In light of the seriousness of the allegations and the implications for this presidential election and for ABC’s reputation and thereby @Disney’s and the office of the CEO, I strongly encourage you to launch an immediate investigation of this matter.
Our democracy depends on transparency, particularly with regard to events which can impact the outcome of the presidential election.
I ask on behalf of all voters that you treat these allegations with the seriousness they deserve.
Thank you.
Bill
Large put selling yesterday on $NVDA by institutions forces market makers to buy Nvidia stock.
That pushes the price up and forces more people to close puts.
The cycle begins...
@LBC@steveallenshow Hi Steve, when I come to London I really like going to Bellamy's restaurant in Bruton Place ..been a few times now and always superb!
@LBC@steveallenshow Hi Steve, we went to the afternoon tea at The Ritz with carol singers it was delightful. Nearly spent all our money in Fortnum & Mason, lovely driving down through Hampstead