Wall Street Silver
Many of you may not be aware, so sharing this:
On Gab’s and Reddit’s wallstreetsilver pages people are SERIOUS about blasting off silver.
These are different than Reddit’s wallstreetbets- groups of people are branching off and creating their own majorly followed group pages now with the main goal of launching silver- There are 30,000+ members on Reddit’s silversqueeze page and growing daily).
https://www.reddit.com/r/Wallstreetsilver/
Gab’s Wallstreetbets is up to 25,000 people and their main goal is to also blast off silver with Neonrevolt, Gab’s most respected member in my opinion, as the main cheerleader for silver launch:
https://gab.com/groups/4204
People are putting everything they can in silver. Buying physical and PSLV. Pictures posted daily of new purchases. Lots of excitement. People are trying to pull off a Hunt Brother’s move. People are even going to take their stimulus checks and buy all the silver they can.
I’ve personally poured a bunch into physical and PSLV (I would recommend selling your SLV tomorrow and buying PSLV which we know actually puts the money they receive into physical silver- people speculate SLV may not…)
This is the moment and time for silver. This is the calm before the storm. It’s still early….
From:
https://gab.com/DavidJensen/posts/105765236770270566
Silver lease rates, one of the last lines of defense shows the extreme tightness in the silver market.
Good videos to watch below perhaps at 1.5x-2x speed:
Great video with charts on the short squeeze-
Wallstreet Silver: Technical Analysis: Silver Squeeze Coming? How to Play it?:
https://youtu.be/CK5COZ7rLSE
He shows above how the logarithmic price target of the MAJOR cup and handle on silver, which Rambus has also shown, with the cup forming from the 1970’s top to the 2011 top and the handle forming lately is around $700ish silver!
Action not seen in decades. Good short video:
Silver Bullion 1,000 oz bar tightness and rising premiums:
https://youtu.be/rJSFIGw08OY
So silver shortage is spreading to wholesale market. Worsening by the day.
What’s happening at the dealers? IT’S INSANE. This dealer “Can’t even get 1,000 oz bars till MARCH. Highest premiums he’s ever seen.” He believes “the comex is BRACING FOR A SQUEEZE” The #silversqueeze is happening! Gonna break soon. THIS IS A MUST LISTEN:
https://youtu.be/Q2BtRn4pcrc
Highly respected Chris Vermeulen said on Friday that the silver squeeze HASN’T EVEN STARTED:
https://youtu.be/vuhcnqfF0tk
PSLV breakout and backtest(usually best time to buy):
First Majestic Silver’s multi-year breakout and Backtest:
There’s a bit of a war going on… the banks are fighting this.
This won’t be able to be stopped this time though…. why? Because the physical shortages developing and coming are too extreme… can fake the paper silver market like they have for decades but not the PHYSICAL MARKET WHICH IS BEING TARGETED and will BREAK THE PAPER MARKET!
Great stuff Chuck. The Feb contracts for Silver and Gold expire this week. Should get interesting after that.
silver tends to top out this time of the year historically….
https://seasonalcharts.com/future_metalle_silver.html
Seasonal charts are interesting from a historical perspective. I don’t advise trying to use them for actual timing of trades. Use the chart of the actual metal and use tried and true chart analysis. If you look at a listing of highs and lows of silver over decades, yes they do have certain months of the year where highs and lows are made more often than others but you can find all different months for when it made it’s high and low for a given year over a two to three decade period. In other words, nice for theoretical discussions historically, not very practical for making investment decisions.
WOW…Thanks a ton Sir Chuck for this detailed and timely post !
Just excellent.
I am tooling around with these Links and see the determination and excitement on these boards.
Some of these guys are NOT chopped liver..they really understand the situation.
Very well put together post with the links and charts….
A+ my friend
This will be linked near the top of the sidebar so we can all follow these boards
Thanks Fully. I think this time REALLY IS DIFFERENT! Lol.
PC, what a fantabulous article. Lots of good stuff on here, rambus’s forum, and the twitter universe, but you totally nailed it. Thx!
I’ve been deploying some crypto profits into PSLV.
This is the first time that the silver story has been propagated through more mainstream means. This time there may be critical mass to break the whole thing.
Bix Weir who has been pounding the table has been kicked off youtube also. Interesting considering COMEX expiration is 2/24.
I anxiously await the outcome…
Great collection of resources Chuck! Thanks for compiling everything all in one place. Very well done.