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1. Trevor Goodchild:verified::pondering_orb: (trevorgoodchild@poa.st)'s status on Tuesday, 24-Sep-2024 06:25:41 JST Trevor Goodchild:verified::pondering_orb:
   Well, shit
   
   zerohedge.com/markets/goldman-commodity-desk-gold-buying-our-desk-has-been-relentless-and-silver-starting-move
   • Kenny Blankenship (dw2@poa.st)'s status on Tuesday, 24-Sep-2024 06:31:09 JST Kenny Blankenship

     in reply to
     @TrevorGoodchild supposedly physical demand from China, India, and maybe even Saudi Arabia and Russia is really fucking up Zog’s precious metals clampdown efforts, as shown below
   • Kenny Blankenship (dw2@poa.st)'s status on Tuesday, 24-Sep-2024 06:32:36 JST Kenny Blankenship

     in reply to
     @TrevorGoodchild also would highly recommend this channel for all gold/silver related content
     
     m.youtube.com/watch?v=xin69ZVpmP0
   • Trevor Goodchild:verified::pondering_orb: (trevorgoodchild@poa.st)'s status on Tuesday, 24-Sep-2024 06:35:26 JST Trevor Goodchild:verified::pondering_orb:

     in reply to

     • Kenny Blankenship
     @DW2 This will continue until a new reserve currency is established (the USD is now at the glue factory, being the best looking horse just delays the inevitable)
     Kenny Blankenship likes this.
   • Kenny Blankenship (dw2@poa.st)'s status on Tuesday, 24-Sep-2024 06:40:00 JST Kenny Blankenship

     in reply to
     @TrevorGoodchild Supposedly the BRICS countries are laying the groundwork to do just that. Zog really screwed the pooch with the Russia sanctions.
   • Kalogerosstilitis2RvngotJunta (kalogerosstilitis2revengeofthejunta@poa.st)'s status on Tuesday, 24-Sep-2024 07:15:32 JST Kalogerosstilitis2RvngotJunta

     in reply to

     • Kenny Blankenship
     @DW2 @TrevorGoodchild Gold they can only delay. 1 step backwards (paper zog) 2 steps forward (markets, physical). But silver is locked down tight. Im not betting on it breaking out any time soon. I want to be wrong obviously.
     Kenny Blankenship likes this.
   • Trevor Goodchild:verified::pondering_orb: (trevorgoodchild@poa.st)'s status on Tuesday, 24-Sep-2024 07:15:36 JST Trevor Goodchild:verified::pondering_orb:

     in reply to

     • Kenny Blankenship
     • Kalogerosstilitis2RvngotJunta
     @Kalogerosstilitis2RevengeoftheJunta @DW2 Ironically because silver has far more industrial applications than gold it makes it far easier for them to hammer down the price
     
     But eventually reversion to the mean will happen
     Kenny Blankenship likes this.
   • Latigo Morgan (latigomorgan@poa.st)'s status on Tuesday, 24-Sep-2024 10:37:20 JST Latigo Morgan

     in reply to

     • Kenny Blankenship
     • Kalogerosstilitis2RvngotJunta
     @TrevorGoodchild @Kalogerosstilitis2RevengeoftheJunta @DW2 I need to put away some more "junk" silver coins. My own personal forecast is that one day paper and copper-nickel coins will be worthless as currency, but one will be able to negotiate a sale using XXX amount of silver dimes/quarters/half-dollars/dollars. If I'm wrong, I'm not really out anything unless the price of silver crashes.
     
     I read recently that in one of the Sumerian steles there was an accounting of wheat and its value. Basically, it came down to a bushel of wheat was 1 oz of silver. Coincidentally, when I read it, the price of silver and the price of wheat came to the same ratio - 1 bushel to 1 oz.
     
     I don't have the article anymore, though.
   • rs6 (1137@poa.st)'s status on Tuesday, 24-Sep-2024 10:37:25 JST rs6

     in reply to

     • Kenny Blankenship
     • Kalogerosstilitis2RvngotJunta
     • Latigo Morgan
     @LatigoMorgan @TrevorGoodchild @Kalogerosstilitis2RevengeoftheJunta @DW2 Silver is pretty safe, it's in high demand for industrial use and there is no substitute. Paper silver shorts can knock it down but not for long. I anticipate $50 oz in 2025. China is buying high percentage ore at spot and paying over COMEX spot on the Shanghai exchange rn.
     Kenny Blankenship likes this.
   • Trevor Goodchild:verified::pondering_orb: (trevorgoodchild@poa.st)'s status on Tuesday, 24-Sep-2024 10:39:29 JST Trevor Goodchild:verified::pondering_orb:

     in reply to

     • Judge Dread
     @judgedread Ironically I think King Dollar has a long "sick man" period ahead of it, just because the other alternatives are so low-trust and unused to the role (and neither the Russians or the Chinese particularly want the "exorbitant privilege" anyway)
     Kenny Blankenship likes this.
   • Judge Dread (judgedread@poa.st)'s status on Tuesday, 24-Sep-2024 10:39:30 JST Judge Dread

     in reply to
     @TrevorGoodchild It swears it will work harder, pinky promise.