Buying physical gold/silver

619,138 Views | 3339 Replies | Last: 6 hrs ago by Heineken-Ashi
TTUArmy
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Heineken-Ashi said:

Red Pear Realty said:

I agree. Be greedy when others are fearful. And fearful when others are greedy.

The initial drop is not fear. Most likely smart money profit taking with dumb money attempting shorts. Fear is when it has reversed hard and the masses are running for the hills. That's when a bottom is imminent. You won't get fear near tops.

Morning H-A!

Where you at on $AUST (Austin Gold) this morning?

It's sitting at $1.72. I've been watching it since you called it out.
Heineken-Ashi
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TTUArmy said:

Heineken-Ashi said:

Red Pear Realty said:

I agree. Be greedy when others are fearful. And fearful when others are greedy.

The initial drop is not fear. Most likely smart money profit taking with dumb money attempting shorts. Fear is when it has reversed hard and the masses are running for the hills. That's when a bottom is imminent. You won't get fear near tops.

Morning H-A!

Where you at on $AUST (Austin Gold) this morning?

It's sitting at $1.72. I've been watching it since you called it out.

Just waiting. Use a reliable stop and let it work. For the theory to play out, we will need one more large thrust up in metals. Miners usually spike at the very end of the bull run. The fact that most have been rather muted in their moves over the last month has me thinking we have one more good blowoff top in metal upcoming. Willing to be wrong though, hence the stop. We're in rare territory with metals, and anyone saying the know why its happening or what comes next is applying a narrative and nothing more. As mentioned before, the last two times silver spiked like this were FOLLOWING large equity market corrections and bear markets, and during equity market bull run beginnings. This time, equities are at all time highs. There is no correlation to the past here. Simply uncharted territory.
Kenneth_2003
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AG
You mention watching the miners....
But Silver is typically an associated product of other mined metals. Would it be prudent to expect miners to move when demand for lead, zinc, and other associated metals have not move? They can't increase silver production without increasing output of other products. Most often those products are the majority produced product.
The Collective
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AG
aggiedata said:

Elon uses a lot of silver in the Tesla battery I'm sure.




Used in a decent chunk of the PCB market, something like 10-15% of boards worldwide.
Heineken-Ashi
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Kenneth_2003 said:

You mention watching the miners....
But Silver is typically an associated product of other mined metals. Would it be prudent to expect miners to move when demand for lead, zinc, and other associated metals have not move? They can't increase silver production without increasing output of other products. Most often those products are the majority produced product.

I don't really have a reliable place to see Zinc other than India's MCX futures exchange. But looking at that, zinc has been up since April 2025 and building under its 2022 high. Breakout is entirely possible.



No idea where to find lead.

But if you look at XME ( The S&P Metals & Mining Select Industry Index (the "Index") represents the metals and mining segment of the S&P Total Market Index ("S&P TMI"). The S&P TMI is designed to track the broad U.S. equity market. The metals & mining segment of the S&P TMI comprises the following sub-industries: Aluminum, Coal & Consumable Fuels, Copper, Diversified Metals & Mining, Gold, Precious Metals & Minerals, Silver, and Steel. The Index is modified equal weighted), You will see that while gold and silver made new highs since October, it merely put in a lower high. Potential exists for one more move higher that could align with the gold and silver seeking higher tops.

And if you look at the GDX/GOLD ratio, it too looks like a pending potential breakout.



And if you look at the largest miner in GDX, NEM, you will see in 70's and 80's how Gold topped first before NEM put in a top. NEM even ran higher into the late 80's on a massive spike while Gold remained below its high. This is likely because NEM's profit margin being increased above their cost of extraction.

$30,000 Millionaire
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AG
$30,000 Millionaire said:

CME raising margin requirements and I think they'll keep doing it until they get the desired pullback. Same playbook as the Hunt brothers.

Expecting a futures gap and a parabolic short opportunity. Classic question persists: is it different this time.



It wasn't easy but shorting silver futures has worked well. I took a stop on my first trade and my second trade I just closed. I'm not bearish, I just knew this was a parabolic short opportunity
$30,000 Millionaire
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AG
Aka we are desperate for you to buy from us at high prices.
AggieBaseball06
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AG
If anyone is curious why the price dropped so much, it's because yesterday I made the largest purchase of silver I've made since 2021 and the universe hates me.
$30,000 Millionaire
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AG
Asking from a place of wanting to understand: why did you buy yesterday?
TTUArmy
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Any takers on an amazing arbitrage opportunity?

$14 arbitrage in silver between Shanghai and New York.

That's pretty wild.

plain_o_llama
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TTUArmy said:

Any takers on an amazing arbitrage opportunity?

$14 arbitrage in silver between Shanghai and New York.

That's pretty wild.



Assuming you can source a ton of silver. What is it to "safely" air ship that to Shanghai?
$20K? Say you can net $10/oz after handling. That is $300,000ish net. What else is there in
the way of "insurance", tariffs, taxes and/or palms to grease?

I assume there is a Mos Eisley somewhere in the world where middlemen might
split the difference and make the transfer from US to China hands if direct transfer
can't happen.

I wonder if this is enough for HSBC or JPM to bother with?
lobopride
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aggiedata
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AG
jagvocate said:

Chie***gieton said:

All I can say is my wife will never question my silver purchases again.




Oh no



techno-ag
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AG
They natural gas futures are the widow maker. I guess silver is the widow's mite maker.
The left cannot kill the Spirit of Charlie Kirk.
Heineken-Ashi
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$30,000 Millionaire said:

Asking from a place of wanting to understand: why did you buy yesterday?

Ready for the next push down to increase those returns? Looks like futures are bear flagging..

 
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