Oldsouljer said:Werewolf said:
Something very wrong with the fiat dollar.
Been wrong since the greatest lie Richard Nixon ever told.
Yep, America has been under assault for some time now.
Oldsouljer said:Werewolf said:
Something very wrong with the fiat dollar.
Been wrong since the greatest lie Richard Nixon ever told.
Silver lease rates just hit 39.2% in London.
— Mr. Uppy (@MisterUppy) October 10, 2025
That’s not a typo.
Physical silver is vanishing, and the banks are scrambling to borrow what’s left. pic.twitter.com/zwC4bNhH8P
Silver has entered extreme backwardation, which means that the spot price is traded well above the futures price. This chart, which goes back to 1998, shows you how unusual this situation is. It basically means that people are willing to pay extra to get silver now, probably… pic.twitter.com/x9Sc2l9gin
— Oren Elbaz (@thesilverhermit) October 10, 2025
Werewolf said:Silver has entered extreme backwardation, which means that the spot price is traded well above the futures price. This chart, which goes back to 1998, shows you how unusual this situation is. It basically means that people are willing to pay extra to get silver now, probably… pic.twitter.com/x9Sc2l9gin
— Oren Elbaz (@thesilverhermit) October 10, 2025
Oldsouljer said:Werewolf said:Silver has entered extreme backwardation, which means that the spot price is traded well above the futures price. This chart, which goes back to 1998, shows you how unusual this situation is. It basically means that people are willing to pay extra to get silver now, probably… pic.twitter.com/x9Sc2l9gin
— Oren Elbaz (@thesilverhermit) October 10, 2025
I was just examining the backwardation situation this weekend. Fascinating as all get out. Word is, paper silver shorts are getting crushed because options buyers are demanding delivery of physical, wiping out a lot of inventory in London. Also reportedly, the situation is dire enough that folks in London are chartering commercial flights to bring silver from New York to cover with. Says a lot given how expensive it is to do that.
Werewolf said:Oldsouljer said:Werewolf said:Silver has entered extreme backwardation, which means that the spot price is traded well above the futures price. This chart, which goes back to 1998, shows you how unusual this situation is. It basically means that people are willing to pay extra to get silver now, probably… pic.twitter.com/x9Sc2l9gin
— Oren Elbaz (@thesilverhermit) October 10, 2025
I was just examining the backwardation situation this weekend. Fascinating as all get out. Word is, paper silver shorts are getting crushed because options buyers are demanding delivery of physical, wiping out a lot of inventory in London. Also reportedly, the situation is dire enough that folks in London are chartering commercial flights to bring silver from New York to cover with. Says a lot given how expensive it is to do that.
Yep,
This is a fair discussion as it relates to London and impacts here and globally ......with 50-60 cents per oz per day to hedge silver. Leasing cost of silver is all of a sudden out the roof. Tariffs come into play on the 19th too.....10%. Near term buying opportunities exist. I just spent all the extra funds I had week before last but if you got any liquid funds here's another opportunity .
https://share.vidyard.com/watch/bk9wRY7QNb4mGrXuVxdPES
Oldsouljer said:Werewolf said:Oldsouljer said:Werewolf said:Silver has entered extreme backwardation, which means that the spot price is traded well above the futures price. This chart, which goes back to 1998, shows you how unusual this situation is. It basically means that people are willing to pay extra to get silver now, probably… pic.twitter.com/x9Sc2l9gin
— Oren Elbaz (@thesilverhermit) October 10, 2025
I was just examining the backwardation situation this weekend. Fascinating as all get out. Word is, paper silver shorts are getting crushed because options buyers are demanding delivery of physical, wiping out a lot of inventory in London. Also reportedly, the situation is dire enough that folks in London are chartering commercial flights to bring silver from New York to cover with. Says a lot given how expensive it is to do that.
Yep,
This is a fair discussion as it relates to London and impacts here and globally ......with 50-60 cents per oz per day to hedge silver. Leasing cost of silver is all of a sudden out the roof. Tariffs come into play on the 19th too.....10%. Near term buying opportunities exist. I just spent all the extra funds I had week before last but if you got any liquid funds here's another opportunity .
https://share.vidyard.com/watch/bk9wRY7QNb4mGrXuVxdPES
I like numismatics (in gold, I buy modern stuff in silver), and the ones I've bought between 2018 to now have gained 2X-5X these past few years. Attended the Big Money show at the NC state fairgrounds this summer and only carrying about $1200 in cash, I had to be pretty selective. Finally settled on an MS-66 1903 quarter eagle, the guy was willing to sell me for a $400 discount to its true value (blew my mind because I think he thought he was selling me an MS-65 which would have been more fairly valued.) Needless to say, I couldn't refuse a deal like that. Not sure I've ever owned a more elegant piece of gold. One of the dealers in Raleigh has some nice Indianhead half eagles, that I need to move fast on if I want to acquire, I think mainstream demand is waking up.
Werewolf said:Oldsouljer said:Werewolf said:Oldsouljer said:Werewolf said:Silver has entered extreme backwardation, which means that the spot price is traded well above the futures price. This chart, which goes back to 1998, shows you how unusual this situation is. It basically means that people are willing to pay extra to get silver now, probably… pic.twitter.com/x9Sc2l9gin
— Oren Elbaz (@thesilverhermit) October 10, 2025
I was just examining the backwardation situation this weekend. Fascinating as all get out. Word is, paper silver shorts are getting crushed because options buyers are demanding delivery of physical, wiping out a lot of inventory in London. Also reportedly, the situation is dire enough that folks in London are chartering commercial flights to bring silver from New York to cover with. Says a lot given how expensive it is to do that.
Yep,
This is a fair discussion as it relates to London and impacts here and globally ......with 50-60 cents per oz per day to hedge silver. Leasing cost of silver is all of a sudden out the roof. Tariffs come into play on the 19th too.....10%. Near term buying opportunities exist. I just spent all the extra funds I had week before last but if you got any liquid funds here's another opportunity .
https://share.vidyard.com/watch/bk9wRY7QNb4mGrXuVxdPES
I like numismatics (in gold, I buy modern stuff in silver), and the ones I've bought between 2018 to now have gained 2X-5X these past few years. Attended the Big Money show at the NC state fairgrounds this summer and only carrying about $1200 in cash, I had to be pretty selective. Finally settled on an MS-66 1903 quarter eagle, the guy was willing to sell me for a $400 discount to its true value (blew my mind because I think he thought he was selling me an MS-65 which would have been more fairly valued.) Needless to say, I couldn't refuse a deal like that. Not sure I've ever owned a more elegant piece of gold. One of the dealers in Raleigh has some nice Indianhead half eagles, that I need to move fast on if I want to acquire, I think mainstream demand is waking up.
Nice, you're talking above my pay grade with the rarity aspects.
I've bought what is now 6 figures in physical silver, and then I have moved a good chuck of 401K and IRA into strictly gold accounts. With both, it's not to be a forever holding rather it's a hold it til it's the right time to get out holding. It's 'weather the fiat dollar storm' for me, I've not tinkered in metals otherwise.
Werewolf said:
Sit tight on your gold and silver, about to take off! Fiat is about to go belly up. Red October starts today by the Julian Calendar, October 01st
Werewolf said:
A lot of chatter about astronomical increases in both, particularly silver.
Werewolf said:
yep, I've heard crazy #'s........
Werewolf said:
Central banks and global elites hedging has market implications......how the hell Teump lands this plane we will see.....I think we are close
Oldsouljer said:Werewolf said:
Sit tight on your gold and silver, about to take off! Fiat is about to go belly up. Red October starts today by the Julian Calendar, October 01st
Gold assaulting $4200 this morning. Miners continue to soar, and amazingly, there's some real values out there. I bought Iamgold (IAG) when its P/E was 5 and it's still a bargain at a P/E of 10.
🧵 SILVER MARKET CRISIS 2025 — “THE UNRAVELING”
— Honza Černý (@honzacern1) October 19, 2025
1️⃣
London is out of silver.
Even Metals Focus (LBMA consultancy) admits:
“Short-term lease rates surged to 200%...
backwardation at record highs... shortage of unallocated metal in London.”
Unprecedented.…
BIG NEWS 🚨 India’s largest precious metals refinery has officially RUN OUT of silver stock — for the FIRST TIME in history 😳
— Times Algebra (@TimesAlgebraIND) October 19, 2025
And Someone said Indian Economy is dead 😭
India has literally drained the world’s silver this festive season
Unprecedented demand from Indian buyers… pic.twitter.com/IFVbWzeuge
1️⃣ China is SOLD OUT.
— Honza Černý (@honzacern1) October 19, 2025
In Yongxing, Hunan — the “Silver Capital” of China, producing ~¼ of the nation’s silver — most shops are completely out of investment silver.
Price per kilo jumped from 8,000 RMB → 13,000+ RMB.
That’s nearly +70% YTD. 🥈🇨🇳 pic.twitter.com/ezntvGmdMJ
There are 173 million Troy Ounces of physical #Silver at the COMEX registered vault (Silver that’s issued a warrant ready for delivery).
— Eric Yeung 👍🚀🌕 (@KingKong9888) October 16, 2025
Robert Gottlieb, the ex-executive of JP Morgan Bullion Bank said that in order for the LBMA to have any sort of normality, it needs to import… pic.twitter.com/R3BChuj6mF
Oldsouljer said:
For a seemingly savage reversal on Friday, the precious metals didn't even take out the twenty day moving average, let alone the 50 DMA. And they're roaring back today. Perhaps this is why and if so, here comes the boom….
https://www.zerohedge.com/news/2025-10-20/stocks-are-always-last-asset-get-it
Werewolf said:Oldsouljer said:
For a seemingly savage reversal on Friday, the precious metals didn't even take out the twenty day moving average, let alone the 50 DMA. And they're roaring back today. Perhaps this is why and if so, here comes the boom….
https://www.zerohedge.com/news/2025-10-20/stocks-are-always-last-asset-get-it
I was listening to Mornings with Maria week before last, Ryan Payne - young guy, was dismissive of owning any precious metals whatsoever, but he was very bullish on the stock market. I thought to myself, not a dude I want handling my investments.
Oldsouljer said:Werewolf said:Oldsouljer said:
For a seemingly savage reversal on Friday, the precious metals didn't even take out the twenty day moving average, let alone the 50 DMA. And they're roaring back today. Perhaps this is why and if so, here comes the boom….
https://www.zerohedge.com/news/2025-10-20/stocks-are-always-last-asset-get-it
I was listening to Mornings with Maria week before last, Ryan Payne - young guy, was dismissive of owning any precious metals whatsoever, but he was very bullish on the stock market. I thought to myself, not a dude I want handling my investments.
Fox Biz is too Pollyanna-ish and I listen to them on XM Sirius but definitely with a big grain of salt.