/biz/ - Business and Finance

Chances I wake up to $69 silver?

>>12455

They had trouble before if memory serves.

>>12454

Amazing. Given the unusual circumstances of the EU’s inception, I wouldn’t be surprised.

Silver hit $70 (USD).

>>12466

Are women ok?

>>12467

She certainly is woman, or at least she is now.

Why is the OP image deleted?

>>12468

Whats going on with the pictures on here? every pic is being reduced in size to the point you cant even read what the fuck is written on them.

>>12472

>It's also being flooded by fomo newbies and goblin lovers.

4chan is also being flooded by fomo newbies and goblin lovers. This place is just comfy.

I am curious why the 8ch dns stopped working.

>>12475

You call that a dump? Get it back below $50, show me a Jewish Christmas miracle.

Merry Christmas!!

>>12490

I think the site is having image resizing issues again. Do you have a link for video?

>>12491

Sure.

Explanation for what may have happened this weekend.

🚨🚨MARGIN CALL🚨🚨

Is a Large Bullion Bank's Short Silver Position About to Be LIQUIDATED?

⚡️ MASSIVE $429M Call Option Placed on SILJ Moments Before Friday's Close!! ⚡️⚡️

⚡️Did a Bullion Bank Just Buy $429 MILLION in SILJ Silver Miner ETF Calls After Receiving a MARGIN CALL on its Naked Short Silver Position?? ⚡️

🔥Here's what we know:

🔥17 non-US banks were net short 43,084 COMEX silver contracts - (215.42 MILLION oz) prior to silver's parabolic move higher…and reportedly short HUNDREDS OF BILLIONS of oz via the OTC derivatives market.

🔥On Christmas Day, the physical price of silver shot past $80/oz in Shanghai.

That afternoon, SilverTrade warned readers that if COMEX allowed US silver prices to chase Shanghai price setting into the $80's, it would immediately DETONATE the global bullion banks' derivative books.

🔥Once Globex trading resumed Christmas night, silver futures prices gapped higher from $72 to over $74.

The silver squeeze had begun.

🔥At 8:30 Friday morning, the first signs of major stress in the banking system appeared as TBTF banks tapped the Fed's Repo Facility for $17.251 BILLION in emergency liquidity.

🔥As trading progressed Friday, Silver Prices EXPLODED 11% higher on the day, from $71.03 up to $79.70. Silver CLOSED even stronger in Shanghai at $84.97!

🔥Late Friday afternoon, rumors bagan swirling through the market that a large bullion bank was unable to meet a massive MARGIN CALL it had just received over its naked short silver position.

⚡️This means the silver short position would be LIQUIDATED. Unrealized losses immediately MARKED TO MARKET.

🔥At exactly 3:52 pm EST Friday, someone bought $429 MILLION of Silver Miners ETF $SILJ Calls, the majority expiring in only 3 weeks- January 16, 2026.

🔥Only 8 minutes before the close, after silver had ALREADY soared to nearly $80/oz, someone placed a GARGANUTAN $429 MILLION BET on JUNIOR SILVER MINERS placing a huge rally within the next 3 weeks.

⚡️Let's put this number in perspective.

The ENTIRE MARKET CAP of SILJ is $2.67 Billion.

🔥A single entity placed a MASSIVE DIRECTIONAL $429 M BET ON THE SILJ SILVER JUNIOR MINERS ETF with a $2.67 B market cap THAT EXPIRES IN 3 WEEKS.

⚡️8 minutes before the close.

⚡️After a large bullion bank naked short silver reportedly received a margin call it couldn't meet over its silver short position.

🚨Knowing that it couldn't meet its end of day MARGIN CALL in 8 minutes- meaning its legacy silver short position would be⚡️ LIQUIDATED ⚡️the moment silver futures resume trading Sunday night - and KNOWING that liquidating its MASSIVE naked short silver position would cause the MOTHER OF ALL SHORT SQUEEZES, did this bullion bank attempt to save itself by placing a massively leveraged LONG BET on the SILJ Silver Junior Miners ETF?

🔥🔥Because this bank KNOWS that global silver prices are about to be MASSIVELY repriced higher as the bullion banks have lost control of the silver market, and their naked short silver positions are being FORCE LIQUIDATED??

These are the facts. Are we looking at a strange string of coincidences?

Or is a large bullion bank's legacy silver short position about to be LIQUIDATED the moment trading resumes Sunday night?

Make your own conclusion.

https://x.com/silvertrade/status/2005080752082317696

>>12489

Michael Yon, great video.

>>12490

Is the mic "issue" on Matt's end or Mike's do you think? There are so many guests with terrible mics on his channel. I wonder if he has a strange lisp or something.

he's back again

>>12496

And I didn't realize it wasn't related to pms

2026 will be the year silver shines very bright.

>The Imminent Western Silver Insolvency

>In 2024, the global demand for silver outstripped supply by approximately 4,600 tonnes (150 million ounces). It was the fourth consecutive year of a structural deficit that has already drained Western vaults of nearly 21,000 tonnes of metal.

>We are consuming 37,300 tonnes of silver annually while digging only 31,200 tonnes out of the ground. In any other era, price would rise to stimulate production. But this is where the "Old War" logic fails.

>Seventy-two percent of all silver is not mined for its own sake. It is a by-product, a chemical accident found in the ores of lead (30%), copper (26%), and gold (16%). This means silver supply is price inelastic. You cannot simply "turn on" a silver mine when the price hits $150. You must mine more copper or zinc to get the silver. And the West has decided it no longer wishes to do the dirty work of smelting either.

>This brings us to the "dirty dirt." There is a myth that because Mexico and Peru dig ore, the West possesses silver. This is a nonsense . What comes out of the Peru is a toxic sludge known as "concentrate."

>To be useful, this sludge must be smelted.

>Here is the choke point: China controls 60% of global copper smelting capacity and nearly 50% of refined zinc production.

>The West exports its raw earth to the PRC , and in doing so, hands over the keys to the periodic table.

>We are currently relying on China to refine roughly 60-70% of the silver that physically enters the global supply chain. This is not trade; it is a hostage situation. In 2024, China exported roughly 4,200 tonnes of refined silver to the West, a volume that almost exactly matches the Western structural deficit.

>If Beijing initiates a "Silent Siege" and restricts these exports by even 50%, the West does not face inflation. It faces a 2,100-tonne physical hole in its industrial throughput that no amount of recycling can fill.

>As our models show, a 25% curtailment creates an immediate double-digit deficit, forcing industrial rationing within twelve months. Period !

>The Hellscape Paradox

>The irony deepens when we consider the US chosen instrument of deterrence. The Pentagon has bet the farm on the "Hellscape" strategy

>THIS IS a plan to flood the Taiwan Strait with thousands of autonomous drones to deny the PLA access.

>It is a clever plan with a fatal flaw. Every one of those drones is a flying circuit board requiring 5N (99.999%) purity silver paste. The West consumes 13,000 tonnes of silver for industrial use annually, yet we have offshored the capacity to produce the ultra-high purity powder and paste required for advanced electronics.

>China produces over 80% of the solar and semiconductor supply chain materials.

>We are attempting to build a robotic kill chain using a metal that must be refined and chemically processed by the adversary. We are buying the rope from the hangman to strangle him, and we are paying him in a currency he is actively debasing.

https://nitter.net/ctindale/status/2006154153077436810

🇺🇸🇻🇪‼️🚨 AMERICA ATTACKS VENEZUELA!

The US has launched a military operation against Venezuela!

❗️🇺🇸🇻🇪 The White House officially admitted that the US is carrying out strikes on Venezuela

https://x.com/MyLordBebo/status/2007366617865588943

>>12507

The geopolitical significance of this is the price of silver will likely jump on Sunday open. China has significant investments in Venezuela, and will not be happy that a US puppet has rendered them worthless. Venezuela was paying for these investments with crude oil.

Will China enact a 100% embargo on silver exports to the west in retaliation? Will they squeeze the rare earths?

It's exciting to see what happens Sunday afternoon.

>>12506

Seems to suggest that people of a particular economic stratum are starting to make moves, since most people won’t buy 1000 toz bars. In general a good sign for silver, since prices tend to get harder to manipulate as the perception of silver’s increased value becomes more consolidated.

>>12508

Won’t presume that you guys are following the Venezuela thing too closely - USA is scraping the bottom of it’s global goodwill wallet here. This is blatant gangsterism. Pretty sure this is going to accelerate the devaluation of the US dollar and probably much of western fiat (associates of USA), though I can’t be sure by how much. It was already pretty bad when they froze Russian assets, but acts that defy norms will lose trust for the institutions. People will opt out of those and into tangible assets.

Recovering gold from smartphones with crude technology. I appears that the chemicals used were only borax and nitric acid. The recovered over 34 grams of gold from around 200-300 smartphones.

I cannot upload the video, but I can give a link to the twitter source:

https://x.com/sciencegirl/status/2007343761253400875

>>12517

Welcome fren. I wish someone would nuke 4chan from orbit. I wish 8kun would fix the file size limit even more.

Bans are capricious and arbitrary because the rules are enforced by biased partisans, and abused by jannies and mods who disagree with the CONTENT of the post, then used bullshit excuses like "off topic".

The kidnapping of Maduro has definite implications for the price of silver because it effects China, who has billions invested in Venezuela.

I've mentioned it upthread.

I personally did not like or want the US to be doing regime change, but my sentiment is tempered by knowing what pieces of shit Maduro is. The situation in Venezuela was so bad, people ate the zoo animals.

The government tolerated extremely violent, armed criminals so long as they targeted people politically opposed to the government. Not unlike how Germany tolerates violent antifa, so long as they primarily attack AFD politicians and supporters.

Not unlike how Democrat run cities tolerate black criminals who primarily attack whites. I'm seeing a pattern here. Low grade civil war.

In any event, I expect to see the silver price jump when markets open Sunday. AIsian guy says that there is a programmed silver dump coming, Jan 8 because index funds will be reducing their silver allocation from 9% to 4%.

>>12519

I won't presume the source of your understanding of the Venezuelan issue, but I'm highly skeptical that the situation in Vemezuela was solely the fault of Maduro, if only because USA has responsibility over their sanctions imposed on Venezuela. Plus, I got a sense that many Venezuelans support him, which suggests that a lot of the English media coverage of the issue has been tainted with propaganda.

Again, I won't dispute your opinion based on information I may not have, and we agree that USA is certainly taking a dangerous step here, which I think is thinning this veneer of global order.

On the PM angle, apparently Venezuelan gold was frozen* by the bank of England some time ago based on what I think is a poor premise.

https://www.declassifieduk.org/why-is-venezuelas-gold-still-frozen-in-the-bank-of-england/

*edit: frozen instead of stolen, to be precise

The other pmg is reporting lots of dealers having supply issues. Keep an eye out for popular items out of stock and on backorder.

>>12519

I'd be more impressed if a link were provided to the source quote from the JP Morgan analysts.

>>12522

>The other pmg is reporting lots of dealers having supply issues. Keep an eye out for popular items out of stock and on backorder.

Worldwide. We went to an LCS last Monday and they had nothing smaller than 100oz bars other than higher premium 1oz coins.

I asked uncensored.ai how the bullion banks can roll silver shorts over and over.

>Silver short sales are repeatedly rolled over through a process called "naked short selling" and "roll-over" or "re-lending" of physical silver. Here's how it works:

>1. Naked Short Selling: A bank or hedge fund sells silver they don't own, betting the price will drop. They borrow the silver from another investor, sell it, and pocket the cash.

>2. Roll-Over: Before the settlement date (when they must return the silver), the bank buys back the same amount of silver at a lower price (if the price dropped) and sells it again, pocketing the difference. They never deliver the physical silver.

>3. Re-Lending: The bank lends the same silver to another short seller, who repeats the process. This creates a chain of "phantom" silver-silver that doesn't exist but is traded as if it does.

>4. SLV ETF Manipulation: The SLV ETF, which tracks silver, is manipulated by short sellers. They flood the market with fake silver (unbacked by physical metal), depressing the price.

>5. COMEX Rules: The COMEX allows short sellers to settle contracts in cash instead of delivering silver. This lets them avoid ever having to produce the physical metal.

>6. Silver Lease Rates: High silver lease rates (the cost to borrow silver) indicate a short squeeze is coming. But banks can suppress rates by flooding the market with paper silver.

>7. Regulatory Capture: Regulators often turn a blind eye to naked shorting, allowing it to continue.

>8. Cartel Behavior: Major banks collude to keep silver prices low. They coordinate their short selling to overwhelm the market.

>9. Physical vs. Paper Market: The physical silver market (where actual metal is traded) often diverges from the paper market (where futures contracts are traded). Short sellers focus on the paper market, ignoring the physical shortage.

>10. Manipulation Tools: Banks use tools like "stop-loss hunting" (triggering sell orders at specific prices) and "spoofing" (placing fake orders to manipulate prices) to maintain control.

>This cycle of manipulation allows silver short sales to be rolled over indefinitely, artificially depressing the price of silver and maintaining control over the market.

>>12527

This is insane. There are like three different prices of the same thing in the same amount in different parts of the world.

>>12529

Some of the differences now exist because of import/export controls, tariffs/taxes, and wholesale vs retail prices. This makes the paper vs physical difference harder to interpret right now. Miners are priced against paper still but more forward looking than before, so not as big a bargain as they used to be. I'm reading about headwinds for silver's rise. One of them includes replacing silver with copper for solar panels over the next 1-2 years. But for now looks to me that nothing is stopping it apart from derivative games.

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

> Ghali said the rally is overdone, as higher prices are expected to start rebalancing the physical market. He explained that the catalyst for a silver selloff could be triggered by President Donald Trump’s decision on the precious metal’s new role as a critical metal.

I must be stupid. I thought if it's a critical metal the value goes up not down because of reduced flows.

Just crossposting for anyone who is unaware and may be interested, one anon is having a go at getting frensmarks made in the other /pmg/

Presale in 2 more weeks, he says he will give updates on weekdays, 9PM PST.

No screencap possible so I've quoted him below:

Timeline - Hesitant to say, but let's just say for this project it would be prudent for silver price to crab for yes, two more weeks.

Website - will likely be shopify d/t low fees, integrated payments and international shipping, and fastest payouts (hopefully). Do not expect the website to have the FM on it because if shopify puts a hold on the money and looks at the project they can shut it down like they have certain projects in the past. But we'll see.

Price - there is no price right now, but because of the turnaround between release of funds from the pre-sale to the mint, the volatility of silver has to be priced in. I ask everyone to consider the price of anony's cheesed run when silver was something like $35 an ounce.

Perks - Our main goal is to get these produced and because of the rush, volatility, and mercy of whatever mind hopefully approves us (because let's not lose our hats, we still don't have more than sales manager approval from the 2 mints), perks are not being considered.

Packaging - still thinking about this. International buyers should expect discrete and creative packaging.

Great question. So, the big thing in the air remains that the 2 mints, hopefully next week, will verify approval and I will pay for the dies. For those who don't know, we have gotten quotes from 2 mints, who have seen the mock ups. We were rejected by another mint due to "copyright" concerns and company standards. These 2 mints have different capabilities and different pricing. Once approved and the dyes are paid for, I will notify in /pmg/ when the website goes live. For example, I will announce that at X time, I will give the website address. Again, because of the silver's volatility, being able to jump 10% in one day, and possibly more in the future, it will be a short pre-sale, probably 24 hours. It's closed, we lock in the price with mint.

I will announce on pmg at what time the website will drop, and you will have to be in pmg at that time. But don't worry because there is no selling out of the standard silver round since this is all preorder. If you hang around here enough and check in on weeknights 9PST, I'll continue to update when that drop will happen.

>>61615576

Can't be sure of this. If buying a roll, no. If buying singles, maybe. This adds to cost in materials, shipping, and time. I would like for them to be in capsules, but at this time, I don't know if it's feasible, and I don't want to be getting ahead of ourselves. We still don't have production approval.

>>61615590

Thank you

>>61615592

If you think these are going to cost 20 dollars over spot you are out of your fucking mind.

>>61615593

You got it. The next big announcement is whether or not we get more than just sales manager approval. I'm just trying to update everyone on where we are right now.

>>61615600

There is a multiple day turnaround to secure funds from a pre-sale. During those days if silver spikes more than what I price in the round, I can't pay the mint and everyone is getting a refund and I'm out the cost of the dies. This should make sense to people on a business and finance board. Price is a sensitive topic and there's a lot to say about but if you all trust me with your shipping address then I hope you trust me in pricing as well. But right now the price is 0 because we don't have production approval only a couple very nice sales managers who have said "yeah, we can make that. Let me get you a rough quote."

>>12537

That host was absolutely clueless.

<iframe width="560" height="315" src="https://www.invidio.us/embed/lGNWuVjzVSo?si=kA4Z5ran-DnfLKiL" title="YouTube video player" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>

>>12544

Good video.

>>12543

>That host was absolutely clueless.

Typical cryptard.

>>12542

>Just crossposting for anyone who is unaware and may be interested, one anon is having a go at getting frensmarks made in the other /pmg/

Thanks for the info. I see that 4chan threads are now spinning faster than JPow's moneyprinter since Sunday open.

>>12547

The posts are all on repeat, too.

It's like mass hypnosis through chanting.

>>12545

The charts are good but fundamentally the shale oil business is the canary in the coalmine and those are becoming increasingly idle at the moment. The bottom isn't in, but silver is the best PM play right now I think, although some think it's platinum and palladium.

>>12557

Forgot about the image thing

https://files.catbox.moe/v6f6hn.png

>>12561

All bullish. I hope silver makes a healthy retrace so I we can all buy some more.

>>12562

I feel like the rapid increase in value has basically validated our concerns about long-term price growth - at this point I’m fine with any degree of tamping for cheapies.

>>12558

I really hope Jim is able to fix that image limit issue, this place is much nicer than 4chan. I understand this is a money losing hobby project.

Thank you Jim for what you've done, we do appreciate your efforts.

>>12561

The bigger issue is COMEX and the LBMA have essentially broken the silver market due to their decades of price manipulation. The "spot" price isn't real because you can buy as much paper silver as you wish, but you cannot take delivery of the physical manifestation of that paper.

Like a fractional reserve bank that only has a few thousand dollars in the vault, when you come in to withdraw your $100,000 balance, they will tell you no, come back tomorrow, they will order in more cash.

LBMA/COMEX can't just print up some more physical silver.

Samsung reportedly purchased 50 million ounces for their next 2 quarters of production, and wanted to take delivery of the physical. COMEX reportedly told them they can only have 5 million ounces, so Samsung went and cut a side deal directly with a miner to buy their output.

This ridiculous situation is making it difficult or impossible for manufacturers and dealers to get silver or even to hedge.

When all is said and done, the true market price for an arbitrary amount of physical may be double or triple the current spot price.

>>12566

I think it's the Nobody Special melonhead guy who points out you can still buy junk silver at or below spot price which supposedly means there's no real shortage for retail, but I don't think that matters for price action because of the scale of the global deficit. I would expect that if you wanted to refine 90% silver to 99.95% purity then there'd be a substantial cost associated with that.

The kinds of buyers that are driving the price are buying bulk amounts and want supply assurance as you say.

I personally think the price (in USD) is never going back down long term, which is partly a demand/supply phenomenon and partly a death of the dollar problem.

We broke $100 lads. (and ladies)

>>12567

>I think it's the Nobody Special melonhead guy who points out you can still buy junk silver at or below spot price which supposedly means there's no real shortage for retail

While US 90% isn't really available in ton quantities outside of the USA, JG is technically correct. The issue right now isn't caused by a silver shortage. On a macro scale, there is an annual defict, which means going forward, if not addressed we will eventually run into real supply shortages, in as early as a year or two.

The reason why retail can't get product is the exact same reason why refiners don't want to refine 90% into 99.99 percent, and that's because the COMEX/LBMA games have broken the normal functioning of the market.

Backwardation/high lease rates means that refiners/manufacturers/retailers CANNOT hedge their silver purchases, which, combined with high silver volatility makes buying silver for production, refining, retail etc the equivalent of juggling razor sharp knives.

The net result? Refiners have stopped buying 90% because they can't afford to hold it for 3 weeks (the time to refine/recast). The same goes for manufacturers, even big ones like the US Mint/Royal Mint/Royal Canadian Mint. Go to timestamp 150 seconds in.

Refiiners have stopped taking 90% for re-refining, which creates the constitutional discount for stackers.

Manufacturers have compensated by reducing/stopping production of low margin products, (bars, generic rounds) You'll notice they are still making limited amounts of high premium products.

Smaller dealers have reduced purchases, and have jacked up the retail margins to compensate. I know one local LCS that has essentially closed to the public, (Jan 15, 2025) but remains open to their former customers who want to buy/sell because the combined spread is large enough to offset the risk.

This situation will continue until a wooden stake is driven through the heart of the (((vampires))) running the COMEX and the LBMA. I expect that to happen in the form of a force majeure, forced cash settlement for customers who bought silver and stood for delivery.

>>12571

Long video, the first half to third is worth the watch at least. Interesting how rising prices and scarcity together can send the dealer bust because they cannot close a sale even if the customer is willing. I pity the late entrant to the stacking game. I just wonder what it will be like when prices stabilize, what currency or monetary system will we be in?

>>12572

>Interesting how rising prices and scarcity together can send the dealer bust because they cannot close a sale even if the customer is willing.

Yes, the market is effectively broken. I predict that when COMEX dies, there will be a period of chaos and when it settles down silver will have jumped in price to double of whatever it was when COMEX crashed.

Worldwide we have a severe bifurcation of the silver price.

>INDIA PHYSICAL SILVER PRICE $178/oz

>Small coin some 187/oz

>Physical vs paper spread

>- 🇯🇵 Japan: ~$145/oz

>- 🇦🇪 UAE: ~$165/oz

>- 🇨🇳 China: ~$140/oz

>- 🇺🇸 COMEX spot: $100/oz

>Massive physical demand

>No silver bar available India big silver refinery …

>Dealer now cancel more order

https://xcancel.com/prahaladag55586/status/2014740111158837378

>>12573

Crack up boom incoming

>>12577

If we're lucky, that's all we'll get. The western world is inching closer to civil war. Alberta wants to become independent. If you look at the GenZ males you can see that perhaps a majority of them are hardcore ethno nationalists, and rightfully so in my opinion. Multicultural, multiethnic societies are incompatible with prosperous, wealthy, high freedom, high trust societies.

Singapore only works because it is extremely authoritarian with an ethnic Chinese majority and their ethnic ratios are fixed in law.

I was just reading that western democracies have nearly all stopped gathering demographic data that might reveal the true costs of multiculturalism. They don't want their citizens to know how bad things are until it's too late to change course.

It's never too late to change course, it just means that the inevitable correction will be bloody and genocidal, instead of peaceful and civilized.

Ie, civil war. Economic or monetary collapse (crack up boom) will be the catalyst. America could only hold things together while there was enough wealth to paper over the cracks. Resource scarcity will light the fuse.

I’m surprised 8kun is still alive.. I thought it was dead but it seems to be more alive than marks bunker.. really shocking. Anyway, I didn’t come here to go off topic about meta, I have a question regarding Paper trading..

With regards to paper, current doomsday date is March 2026 when COMEX delivery occurs and the cracks (in my opinion) will really start to show. Paper to Physical ratio sits between 3-400:1 and may cause some issues, at least in my opinion, but the answer differs from person to person — I’m simply considering all possible avenues here and know that paper does hold risks anyway and my goal with it is to be able to quickly off ramp with very little hassle.

If paper silver fails miner stocks and ETFS may also fail as well, which flags my confidence significantly.

So what’s the verdict here?

>>12579

This is not investment advice (ha ha, everything is investment advice), but if I was heavily into paper silver I'd be offloading and either buying physical or miners. But I already did that.