Silver Truther

Wading through fact and fiction of the silver market

[Silver Truther @silver_truther]

@Sorenthek Link?

[Silver Truther @silver_truther]

@barkmeta This is god-level vague-posting. Love it.

[Peter Spina ⚒ GoldSeek | SilverSeek @goldseek]

Silver $100+ an ounce?

[Bai, Xiaojun @oriental_ghost]

China's total savings amounted to ￥336.14 trillion ($48.7 trillion). Converting savings into accumulated gold can draining liquidity, stabilize RMB deposits (backed by gold). Chinese savings will be the biggest potential purchase of gold after the central bank in the world.

[pmbug @pmbug]

The reputational risk/debanking issue is just a symptom signalling the danger of reliance upon the banking system as the war on cash marches on. Real money for a free people requires no counterparty permission.

[Rashad Hajiyev @hajiyev_rashad]

Silver 15-min chart...

[Silver Truther @silver_truther]

@goldseek Will it hang on?

[Gary Savage @garysavage1]

Gold isn't showing any signs it wants to drop back below the 50 day moving average (a signal that a larger degree intermediate cycle correction is underway).

It continues to rally quickly any time RSI drops to an oversold condition (also a sign that price is still in the advancing phase of the larger intermediate cycle).

A test of $6000 doesn't seem unrealistic before a larger degree correction appears. Once the momentum in gold returns it will resume in silver as well. https://t.co/8pnNsPMtgA

[Luke Gromen @LukeGromen]

Thanks for another fun and engaging conversation on @thoughtfulmoney , @adamtaggart - enjoyed it as always!

Full link in post below

[Silver Truther @silver_truther]

@LukeGromen I still don’t get why Trump wants a strong dollar when every key policy position he has requires a weaker dollar

[Gold Ventures 🟡 @TheLastDegree]

Silver juniors are now cheaper ona relative basis as when I established monster positions back in the bear market.

We literally have quality deposits trading at $1 per ounce. Insane

[Silver Truther @silver_truther]

@HodlMagoo @J_Wise_geology Ah yes, banks, famous for their long-term thinking and expertise on technological disruption

[Nostra, House of Gold @Nostre_damus]

Gold $5,015

LFG

[Tracy Shuchart (𝒞𝒽𝒾 ) @chigrl]

USGS report

A new report by the US Geological Survey reveals that the United States has grown more reliant on foreign imports of minerals over the past year, highlighting the increased urgency to bolster its domestic supply chains.

In its annual mineral commodities summary, the USGS found that the country was 100% import reliant last year for 16 out of the 90 non-fuel commodities that it tracked. In addition, the US relied more than one-half of its apparent consumption for 54 of the minerals, the report showed.

In comparison, the 2024 data showed 100% import reliance for 15 commodities and more than one-half import reliant for 46 minerals, the USGS said. (Mining .com and USGS)

[Silver Truther @silver_truther]

@barkmeta @Nostre_damus My guess it goes up, down or sideways. Pretty confident about this call.

[Silver Truther @silver_truther]

@ChuckCallesto Having the technology to cross space-time but still need lights is so funny to me

[Silver Truther @silver_truther]

January was a test run. Did you pass?

[Silver Truther @silver_truther]

@MakeGoldGreat January was a test run for what’s coming. Most people failed the test.

[Make Gold Great @MakeGoldGreat]

🚨 PHYSICAL SILVER DELIVERIES AT THE COMEX EXPLODED HIGHER

This is what happens when you artificially lower the price into a global shortage.

You just made things worse for yourself.