Buying physical gold/silver

649,905 Views | 3554 Replies | Last: 2 min ago by Heineken-Ashi
TTUArmy
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TTUArmy said:

BCI re-balancing tomorrow. Temporary silver pullback incoming. Time to back the truck up.



Dear God... If this event already took place, I guess I completely missed it. I've only seen the price move up today. Hard to imagine anyone holding short positions in silver...big or small.
jagvocate
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AG
Caveat: royalty stocks have really run up in price. There's an argument to be made that, due to price of gold and silver increasing, FNV is worth more now after the run up than it was at 1/2 half of today's price. I had good luck with Empress Royalty, publicly traded OTC stock

Talon2DSO
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AG
Heineken-Ashi said:

I'm actually eyeing a long setup in GLD


Why not GDX?
lobopride
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TTUArmy said:

TTUArmy said:

BCI re-balancing tomorrow. Temporary silver pullback incoming. Time to back the truck up.



Dear God... If this event already took place, I guess I completely missed it. I've only seen the price move up today. Hard to imagine anyone holding short positions in silver...big or small.

https://www.kitco.com/news/article/2026-01-07/tds-takes-another-swing-shorting-silver-looking-drop-40-next-three-months

They lost millions last time. Maybe it will work this time. Probably not.
TTUArmy
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lobopride said:

TTUArmy said:

TTUArmy said:

BCI re-balancing tomorrow. Temporary silver pullback incoming. Time to back the truck up.



Dear God... If this event already took place, I guess I completely missed it. I've only seen the price move up today. Hard to imagine anyone holding short positions in silver...big or small.

https://www.kitco.com/news/article/2026-01-07/tds-takes-another-swing-shorting-silver-looking-drop-40-next-three-months

They lost millions last time. Maybe it will work this time. Probably not.

Something about fools and their money...right?
Yukon Cornelius
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AG
Seems like desperation on their part.

anyone know of silver royalty companies?
Yukon Cornelius
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Found one called silver crown royalties. SLCRF
Buck Turgidson
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TTUArmy said:

TTUArmy said:

BCI re-balancing tomorrow. Temporary silver pullback incoming. Time to back the truck up.



Dear God... If this event already took place, I guess I completely missed it. I've only seen the price move up today. Hard to imagine anyone holding short positions in silver...big or small.

No ***** I'd love to see silver (including premium) with a price starting with a 7. Spot may be fluctuating up and down, dipping into the 70s, but with premiums, all the silver I'm seeing is really in the high 80's per ounce (or worse). Well over $90 for a silver eagle.
Charismatic Megafauna
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You wanna pay $90+ for ASEs I'm your huckleberry
Kenneth_2003
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TTUArmy said:

lobopride said:

TTUArmy said:

TTUArmy said:

BCI re-balancing tomorrow. Temporary silver pullback incoming. Time to back the truck up.



Dear God... If this event already took place, I guess I completely missed it. I've only seen the price move up today. Hard to imagine anyone holding short positions in silver...big or small.

https://www.kitco.com/news/article/2026-01-07/tds-takes-another-swing-shorting-silver-looking-drop-40-next-three-months

They lost millions last time. Maybe it will work this time. Probably not.

Something about fools and their money...right?

What's that definition of insanity?
The article author only looked at part of the supply side ignoring completely that Chinese exporters are now required to obtain a govt license (I have no idea if the CCP is issuing those). The author missed the demand side completely, ignoring that some industrial users are going straight to the mines to lock up supply.
Yukon Cornelius
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AG


Long interview but curious what yall think
Heineken-Ashi
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Talon2DSO said:

Heineken-Ashi said:

I'm actually eyeing a long setup in GLD


Why not GDX?

Setup not quite as clear, though target is the same general expectation. GDX is highly dependent on NEM which I have closer to next major high than GLD % wise.
I bleed maroon
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AG
Buck Turgidson said:

TTUArmy said:

TTUArmy said:

BCI re-balancing tomorrow. Temporary silver pullback incoming. Time to back the truck up.



Dear God... If this event already took place, I guess I completely missed it. I've only seen the price move up today. Hard to imagine anyone holding short positions in silver...big or small.

No ***** I'd love to see silver (including premium) with a price starting with a 7. Spot may be fluctuating up and down, dipping into the 70s, but with premiums, all the silver I'm seeing is really in the high 80's per ounce (or worse). Well over $90 for a silver eagle.

I have ASEs and silver buffalos ( I think 200 ASEs and 100 buffalos). Will exchange in person for cash in Austin, $2 over spot for ASEs, $1 over spot for the buffalos. Limited time offer. Send private message if interested.
Heineken-Ashi
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And gold is off to the races.

Black Tooth Grin
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AG
Fed chair puts out a statement about the DOJ investigating him.

And coincidentally...

Yukon Cornelius
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AG
lobopride said:

TTUArmy said:

TTUArmy said:

BCI re-balancing tomorrow. Temporary silver pullback incoming. Time to back the truck up.



Dear God... If this event already took place, I guess I completely missed it. I've only seen the price move up today. Hard to imagine anyone holding short positions in silver...big or small.

https://www.kitco.com/news/article/2026-01-07/tds-takes-another-swing-shorting-silver-looking-drop-40-next-three-months

They lost millions last time. Maybe it will work this time. Probably not.


They're going to get liquidated aren't they
redsquirrelAG
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AG
85 here we come?
JR Ewing
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AG
redsquirrelAG said:

85 here we come?


Try $90 here we come!
Yukon Cornelius
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AG
blowoff top?
Kenneth_2003
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AG
Golly jeepers!!!
jagvocate
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Anything's possible, but I'm betting we're well into three-digit silver by end of 2Q26. However the bull and bear fight around $100/oz will not be for the faint of heart. Turbulence and whipsaws are magnified the higher in price we go. In short, higher prices ahead but a lot of anguish for anyone trying to get in now.

For background, Silver and Gold in the modern area have "reset" much higher twice before, once in the 70s, and once in the early 2000s to 2011ish.

In both cases the moves were multiple "x" to the upside (~8x for gold, much more for silver each time) but then the inevitable correction downward occurred, but prices never went all the we back to where they had been--hence my use of "reset". My working thesis is we are in the 3rd such event. I'm buying the dips, but this time with miners more than physical.

Queso1
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Aston04
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$ftco in process of blowing up. Gold mine activities ramping up just at the right time (by chance). Spec play of mine.

Bigger position in VOXR. Really solid mgmt. They buy gold royalties by investing into projects as they are ramping up.
lobopride
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TTUArmy
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I can't see this being a smart move by CME, but they may not have much of a choice.

Upfront, it makes it fairly expensive to hold March contracts. However, CME is kind of tipping their hand; they don't have enough silver in the vault to cover a swell of March physical deliveries.

With a string of margin increases likely, March contracts looking to take physical delivery may try a rollback, pay the premiums, and take physical delivery in February. Number-crunchers will have to make sense of the higher premiums associated with taking an early physical delivery versus paying the "unforeseen" weekly increases in margin.

Destruction of the paper market is absolutely necessary. They're masking a serious resource scarcity issue. If central banks wanted to keep the masses addicted to a fiat ponzy, I imagine they would do everything possible to keep silver and gold in the worst possible light; that's best case. Worst case? They would make it unobtainable by destroying it.
Kenneth_2003
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AG
lobopride said:



Am I reading the charts correctly that the markets shrugged this margin increase off?
Chart looks to have dipped back into the $84 range yesterday evening corresponding to the time of that X but pretty quicky rebounded.
lobopride
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Kenneth_2003 said:

lobopride said:



Am I reading the charts correctly that the markets shrugged this margin increase off?
Chart looks to have dipped back into the $84 range yesterday evening corresponding to the time of that X but pretty quicky rebounded.


I think we are at the point where margin increases hurt the shorts more because prices have increased so much they are already having to come up with lots of cash to keep their shorts open. This only makes it worse for them.
jagvocate
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AG
Great point. I also saw some discussion on X where producers, who actually have access to physical metals but go short to manage exposure during mining and until delivery, may have to buy back some of their hedges because it's not cost effective to come up with extra cash. Obviously somewhat bullish if true.

Heineken-Ashi
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Now planning a bearish trade on GLD and GDX. Not ready yet.
TTUArmy
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Heineken-Ashi said:

Now planning a bearish trade on GLD and GDX. Not ready yet.

You can't come in here and drop something like that without offering a chart setup. I mean...this **** is right up there with rule #1. Jesus man...who is keeping track of the rules up in here?
Heineken-Ashi
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TTUArmy said:

Heineken-Ashi said:

Now planning a bearish trade on GLD and GDX. Not ready yet.

You can't come in here and drop something like that without offering a chart setup. I mean...this **** is right up there with rule #1. Jesus man...who is keeping track of the rules up in here?

I will when it's ready
Yukon Cornelius
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AG
Yukon Cornelius said:

Found one called silver crown royalties. SLCRF


Up 22%

I'm up 35% now. Figured with silvers run and being solely focused on silver royalties it gives it a little distinction within the royalty market.
TTUArmy
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1/13/26
Gold - $4,639.40
Silver - $90.71
GSR - 51:1
redsquirrelAG
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AG
91.36
jagvocate
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AG
$92



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