how do you verify this claim? how do you protect the orderbook from fraud?
>>61554005>Verify>Evidence>Source These are words that lose meaning when the local schizo has proven they are correct time and time again through every world event. The faces in the wall tell him extremely valuable info, and then he posts it somewhere on the internet - you just have to listen.
>>61554054the faces in the wall are probably more credible than bank statements
>>61554005honestly wouldn't you do the same if you had the money to withstand the coming exhaustion high?the shit will crash into negative territory when all the mongos try selling all at once. the long side is basically completely made up of weak hands and dumb money.
>>61554376>wouldn't you do the samedo what?
>>61554005I verified some of the other circulating claims regarding Samsung and China using AI today, and the results aren't pretty.Even if you phrase it such that you're coming from a skeptical perspective, they tend to throw PM merchant sites at you as sources. The same echo chamber content you see on these boards and social media.If you clarify that you want to trace where things are actually coming from independent sources before they enter the PM merchants and pumpers circles you get results like:>the 1kg claim is unverified and was made up publicly by a single investor (likely silver bug, but I didn't care to check) named Kevin Bambrough>PM merchants and pumpers took this and ran with it. 1kg is now common lore, never to be questioned again by anybody. It is repeated so often that even skeptics accept that this part must be true>while not completely impossible, back of the envelope calculations indicate this amount is likely somewhat overstated, more in line with silver pumping interests instead of truth>while a Samsung trading subsidiary does have some agreement with a silver miner, it is for the tiny amount of $7 million and not obviously related to EV batteriesYou can go on and on with this stuff, but the result is always that all of this stuff is largely made up around a tiny kernel of truth.This is an epic retail pump and dump. At least this stuff will go away for another 10 or 20 years when the bagholders can go back to their containment thread after the dump.
>>61554428>he still think facts mattersYou are stating the truth, which sadly makes you a midwit in the current environment. It's all about optics these days. If retards believe a samsung phone is using 1ton of silver, then it's true. And currently, the silver narrative just heating up is about to become the largest tsunami of fomo (and i'm not talking about retail here, but funds and nations) ever witnessed by mankind.You can feel it in the air, silver will meltup to absurd levels of clownery, all based on nothing but fear.
>>61554576I don't mind riding sentiment/optics, but you need some idea of where the momentum is coming from.I only just saw the AI Chinaman content being mentioned yesterday and found it to be the most ridiculous retail-addressed pump and dump content, and online echo chambers are pretending this is a Robin Hood taking from the banks and giving to the people. Unsurprisingly, then, almost all of the other stuff is also mostly made up if you care to check.Funds and nations aren't going to buy into this nonsense.
>ARE SHORTgood day, /r/StockMarketIndia
>>61554005I used to read the daily comex reports and follow up with some deep dive texts anon pulled out of the banking industry insider websites, but now I simply stack as much silver as I can get.
>>61554005
>>61554376>to withstand the coming exhaustion high?>After FED and JP Morgan have been naked short selling silver for decades>and after there is NO silver in COMEX / Crimex vaults. >and looks like we may have different silver based batteriesWhat exhaustion high, buddy? Exhaustion high is around $200.
it’s basically just retards who don’t understand how futures clearing works creaming their pants over notional contract values
>>61554633>>61554684ESL or just illiterate?
>>61554811>FED and JP Morgan have been naked short selling silver for decadeswhere is this info? who publishes it?>there is NO silver in COMEX / Crimex vaultsand who is the liquidator for these vaults, specifically? who withholds the contracts?
>>61554837>it’s basically just retards who don’t understand how options clearing works creaming their pants over notional contract valuesgme skeptic, December 2020.
>>61554988I actually made about 10,000% off GME options, and make fun of baggies to this day. Nice try though
>>61555001>You're not wrong but I still made smarter decisions than youSeems we're dealing with a shill who read his bantz handbook. Unfortunately, this tack backs you into a corner. You will now vacillate for the rest of the thread instead of producing proof (because you can't).
>>61554428> This is an epic retail pump and dump.Actually that’s not what the CoT says.
>>61554376Not until we get a tulip mania event then heavy production volumes before going back to a reasonable level. But that pesky demand variable keeps playing havoc on future predicting. What if the new silver batteries catch on everywhere?
>>61555035Here’s the day it shot up to 300. The gains are less due to being split with tootsie roll options, the contracts themselves went from $1 to $100 when I sold overnight.Anyway moot point because the gme squeeze was not misunderstood on the short float, everyone agreed it was oversold. PM tards however can’t seem to wrap their heads around how central counterparties work, selling people lies like “1000% net short to physical silver!!” very shady stuff
>>61555130Whoops pic
>>61555130>>61555144>No date>No ticker>Multiple IDsValiant attempt. Poor "proof".
>>61555672Damn, you’ll argue about literally anything else to avoid talking about how disingenuous these PM shilling points are huh
>>61555995>$22k became $13kSo, humoring you, you panic sold on a dip. Kek.Though I'm still not convinced those aren't shooped. You can redact PII from bank statements, you know.
>>61554988in the case of stocks, the liquidator is DTCCyou are trusting them to account for everythingwho's the liquidator in the case of paper futures??
>>61554858>>FED and JP Morgan have been naked short selling silver for decadesNo one has ever shown proof of a naked short position in anything, I don't think it's even possible to do anymore, it's just a meme for pump and dumpers.
>>61556673where would it even be produced?if the books are forged, where else would it show?they would just fail an audit and pay a fine, which they did, multiple timesbut the exact figures, how would anyone even arrive at those?
>>61556673If the exchange has 100 physical ounces and an entity has a paper short position of 30,000 ounces, is that a naked short position? Because that's the shit that's been happening for decades at COMEX.
>>61557152how do you know how much is actually in their books/ vaults relative to its paper/ delivery contracts?
>>61557286You look at the CoT (commitment of traders) report, open interest, and vault totals. It's not exactly a transparent market but you can infer a good amount from watching the reports over time. Much has been written about the subject by journalists that many in this thread would simply dismiss as "PM merchants"
>>61557332my point is that I would not trust 1% of what is reported, specially vault operations which I cannot personally validate or have an independent third party perform unscheduled audits without conflict on interest specially after how many times JPM has been caught, which does not track how many times they HAVEN'T been caught
>>61557378Remember when the LBMA overstated it's silver inventories by 3300 tonnes? >33https://silverseek.com/article/lbma-misleads-silver-market-false-claims-about-record-silver-stocks
>>61557426if that's what surfaces, imagine what we don't see
>>61556673On days where the price if silver gets tampered down, more silver is being sold than produced in a year.Now where does that silver come from?
