flower-shilling

Silver Price Watch

Smithys Bullion - FINE GOLD AND SILVER
pmbug said:
I don't know how much might be owned by other ETFs. I only reported on numbers where I could find reported data. I listed my sources. If you can find some reports of vault totals for other ETFs, please let me know!
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I posted vault totals for the end of December 2024 and included a new source that lists and totals a multitude of ETFs holdings in the LBMA:

www.pmbug.com

Silver Demand Drivers (and vault totals)

Update (see post #68 for last month):LBMA - As at end August 2024, ... There were also 26,245 tonnes of silver (a 1.4% decrease on previous month)... SLV report for 6 September claims 363.01 mtoz vaulted in London. That leaves a total of ~480.78 mtoz of silver in the London vaults not owned by...
www.pmbug.com www.pmbug.com

Also - it looks like Trump's tariff threats are causing actors to move physical silver from London to USA. LBMA might get stressed as January rolls along...
 
33 is the new 30 i guess. Are secondary sales slowing on forums a sign of optimism for silvers future price or is the GSR just not lucrative enough to trade?
The financial institutions forecast for end of 2025 would indicate good things to come for both metals however the ability for transparent trading / internet access without state interference is a big question mark.
I cannot access any of my utube account any longer (without excessively pervasive verification processes i refuse to partake in) , there is no reason why the technocrats will not expand such totalitarian control further.
 
long time ago, a friend told me India house without toilet, for as long as the toilet is absent
the progress is hard.

clean energy are followed closely by China, so EV is cheap and sells everywhere
China produces more than half Solar cells, there is economy of scale

burning food like ethanol for fuel, that is green tech
 
US has plenty of coal, and building coal power plant will take 2 weeks
so long as the power lines are intact, there is nothing to worry about, only greedy companies selling power at sky high prices
 
Massive fire at major California power plant prompts evacuationsThe fire involves one of the world's largest battery storage facilities, which houses tens of thousands of lithium batteries, according to media reports. Emergency crews are working to contain the situation.
 
Silver Soul said:
Back on topic, I can feel a great spike in silver coming on. So bring it. Thanks to my local drunk at the bar I drink while looking into half a glass of scotch and soda for clues 😅
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Gold and silver walked into a bar.
The bartender looked up and said "Ey you, get outta here"!

oldie but a goodie
 
...
Now, a spike in so-called lease rates in London this week signals that an increasingly frenetic global hunt for bullion is under way as major dealers seek to shift metal to the US before any tariffs are imposed.

Lease rates reflect the return that holders of bullion in London’s vaults can get by loaning their metal out to other buyers on a short-term basis. Normally, the returns on offer sit close to zero, but this week they’ve surged to historic levels, with profits on one-month lease rates exceeding 3.5% on an annualized basis.

That’s the highest level since at least 2002, and it signals surging demand for metal in London’s vaults. There have been similarly extreme moves in the silver market, and some analysts and traders warn that there may not be enough freely available metal to meet dealers’ needs.
...
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www.bloomberg.com

Trump Tariff Risks Are Fueling a Chaotic Hunt for Gold in London

The risk that US President-elect Donald Trump will impose universal import tariffs is causing fresh turmoil in the global gold market, with a closely watched barometer of bullion demand reaching historic highs in London.
www.bloomberg.com www.bloomberg.com
 
Those 10 yr old congolese kids are raking in serious overtime and sunday penalties from our Swiss red lodge overlords.
 
Any articles on perth mint?
Personally i think a bit of hard work as a kid is character building. Turns out the military special units and inteligence agencies that run the game are with me on that one. Now we just have to regulate them and their swiss enablers, get some (more) adult chinese labour in the continent. Shouldnt be too much to ask.
 
Silver Soul said:
Travel to Vietnam in the country and see what your dirty military units have done to innocent children from post-American war with them. Go and look at the Agent Orange children that the world never sees. Laos bombed so much that ordnance is still being defused on school grounds. And babies dying from bomblets they pick up to sell for scrap metal. Fuckin pigs the Yankees were. Go have a look at what those pigs did to innocent people trying to make ends meet. Fuck the West. Go look with your own eyes then tell the world what you have seen.
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Sorry mate i was being sarcastic but pointing out that those who facilitate the transport to Switzerland and the conversion of materials are the very institutions that most would expect to be the ones to regulate the problem. I dont think the term 'the west' is very useful when talking about the likes of the high ranking central bank and military brass the world over who commit attrocities. Infact i dont really grasp what the west refers to.
 


The market isn't fully pricing in the risk of a tariff. If Trump actually pushes through a tariff on gold/silver it's going to cause some chaos in the paper markets.
 
the same thing that was always done in India on gold import, its going to happen in USA
 
its already exceed 500B not being transacted in USD
it will be 1T usd soon, there is nothing Trump can do about this
it will be 2-3T a year by the end of Trump's term
trust was lost forever
 
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