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Veracious Poet's avatar

Charting is only going to tell so much of this story, as it involved *massive* fiat currency/debt creation that sought velocity of currency outlets to *pump* up the volume...

In reality, this is the long overdue cra$h of western paper bullion scams & frauds being foisted upon humanity for 50+ years.

And now, modern civilization, all of it, is reliant on silver's conductivity, but due to misallocated profiteering the big banks captured the profits from the platform, when it should have been invested in locating new mines & refinery related capital expenditures...

The whole fake & gay manipulation (paper) can not stand in the face of this now *generational* shortage of physical reality, now their fun & games are called out ~ The Emperor was naked the entire time.

"For you are the children of your father the devil, and you love to do the evil things he does. He was a murderer from the beginning. He has always hated the truth, because there is no truth in him. When he lies, it is consistent with his character; for he is a liar and the father of lies."

We'll see how the Western Elite decides to proceed, but they've run out of *easy* options that won't make the situation much worse & worser, it's far, FAR past time that Ag miners/refineries/investors are justly paid for their part in this brave new world awash with tech billionaires, that have playing legitimate actors for chumps & marks ~ It's time for the bullionaires, it's only *fair*, right?

Got Ag?

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No1's avatar

Love the enthusiasm! Which I do share. But I've been through the mangler more than once, even when I was ultimately right. The way up doesn't always go up. Paradoxically.

Stay safe. Stay stacking!

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Veracious Poet's avatar

I've been waiting for this day since 2004, glancing at the daily chart, just quietly waiting for The "Inevitable" to start.

My advice to those that recently became believers:

Do. Not. Sell.

If the longs don't lose faith, we will last longer than the market artifice can stay fake & gay.

This is a generational opportunity, everyone should be buying everything they can...

Besides, in the near future there may be a disruption where Ag might actually be required, in hand, to put food on your table ~ Try doing that with your crypto, HA!

No, I am not exaggerating.

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JustPlainBill's avatar

I wonder if any of the silver shorts are bonafide hedgers (i.e., miners)?

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No1's avatar

Likely, but with these moves... Not the majority I'm sure. This is a bona fide gamma squeeze. Volkswagen squared.

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Mr. Simon Field's avatar

Nice mate..thanks

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No1's avatar

Can you share the original tweet? Because this video link gives "Unauthorized".

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Veracious Poet's avatar

Dunno why it's blocked now, here's a YT version:

https://www.youtube.com/shorts/_q0v3ufu9TY

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No1's avatar

Yeah, I read about that a few years ago I think it was. Why need the FED when we have magic computers right?

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Denis's avatar

I'm looking to layer in some shorts NQ and long Vix as investor high expectations of AI overvalued related stocks turn bearish once they fully understand the circular financing structure dangers of the big players like Nvidia, Oracle, Coreweave, and others. They overspent, overborrowed and underdepreciated assets, creating distortions.

When do I short? These 10 or so companies are interconnecting in such a way that if one of them experiences stress, a cascading effect occurs, stressing all the other players, sparking a wave of selling, which then cascades through the market with bearish sentiment and further compression of stock prices. So I'm looking for a triggering event from one of the companies. It's not if but when.

I can think about what I just said much more easily than writing it down. I can add more detail, but I'll leave it here for now. lol

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No1's avatar

The question of timing is always the main issue. I know it's going down, but will we go up another 100% first? And will it be a slow grind down or a tumble down an elevator shaft?

No1 knows (pun intended)...

Maybe a tip: look into nasdaq100, or any of the multi AI etfs? A long vix trade is something I would surely recommend. I think on Monday I'll add a few more long term VIX 20 CALLs. With a vix this low, that never is an issue. For the AI short, you can still wait.

Also watch out, because both are the same direction basically (with current market structure), so you're not market neutral.

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John Day MD's avatar

Bitcoin is floundering until miners stop and do something that doesn't lose money.

AI is an impossinble buble that hasn't burst yet. Everybody knows.

If gold and silver are bubbleized they can pump up and then become the new-normal money at that level, which could solve or mitigate a lot of problems in some of the halls of power.

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No1's avatar

and can solve a lot of problems in society as well! Don't forget about that aspect that honest money creates honest people.

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John Day MD's avatar

That is hopeful, but the converse might work better...

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