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Seismic7's avatar

We have no problem with any intelligent soul that buys silver** Why should ..in this 2025 scenario...*Americans* subsidize isreali* Jewish* empire building at the expense of everything else...."...?...Any fool who opts to subsidize that can sit down and write a personal check ...*..For millenia gold silver platinum palladium ..weapons tools books clothing commodities...heterosexual fertility ..community safety.... Loyalty to. Trad.family...structures....health .decent spirituality mattered...in less than 100 years all that for *Americans*.... has been thrown to the 4 winds**...Who opted for that? Who voted for that? .Controligarch ethnic Bankster Fraudster are monopolist cyborgs who possess precious metals and the above listed assets while playing financialization games to steal personal and national sovereignty.......**Hang Them*. Eviscerate all big pig big (... ..). Government cyborg bait and switch obstructionism...when politicians .. provably lie....Hang them**. Controligarch scum and big super surveillance super police state government profiteer on mass crime waves and pre-planned chaos...REARM NOW. Don't be stupid*

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Gas Axe's avatar

I knew this day would come. Been sitting on my investment since the later 90s.

I managed to talk my mini supermarket owner into bartering silver or gold if required. He is Asian so understands the value over fiat currency.

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Grey Rabbit Finance's avatar

This is the way brother

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Fulgurite's avatar

Remember how after the GFC from 2008-2009, billionaire John Paulson (who had previously made billons betting correctly on Sub-Prime Housing Bubble blowing up) dumped billions into gold and finally threw in the towel after BILLIONS of losses?

Sometimes these people can be really good at one thing, only to blow most of their gains away on something else.

Here's a short summary of John Paulson:

https://banyanhill.com/30-billion-lesson-john-paulson-greatest-trade-ever/

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Macca's avatar

I wonder if JP kept some gold. Would be laughing now…

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Fulgurite's avatar

After all the losses and missed opportunities? He would be break even at best.

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Jrickley's avatar

I always wondered how long it would take to shake the naked shorters up to the point it would no longer be advantageous to do so..silver climbs up..BAM knock it back down with a couple hundred thousand naked short contracts...see, that wasn't so hard? Right? The banks have long profited off of these criminal acts..read JPM and BOA..the SEC and the regulatory bodies just fine them and turn a blind eye to the manipulation tactics..in a real world with tru price discovery the metals would be much, much higher-but that would signal systemic failure in faith of the dollar and the PTB can't have that! Now that this huge purchase has rippled through the ranks, more traders might not be so inclined to trade paper and just take delivery..it seems someone is seeing the writing on the wall and not waiting another ten years to pull the trigger...promising!

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S. Morris Schauff's avatar

the profitting and criminal (by any other SEC standard) acts by those big players have been allowed by the US Govt and actually encouraged by a publicized group within govt called the Plunge Protection Team: PPT. The dollar must survive and 1 of the main ways in huge shorts in PMs in Futures Markets ... all by design. The specific game is nearing its conclusion and a conversion of the game to another board is on its way. jmo.

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S. Morris Schauff's avatar

the profitting and criminal (by any other SEC standard) acts by those big players have been allowed by the US Govt and actually encouraged by a publicized group within govt called the Plunge Protection Team: PPT. The dollar must survive and 1 of the main ways in huge shorts in PMs in Futures Markets ... all by design. The specific game is nearing its conclusion and a conversion of the game to another board is on its way. jmo.

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Grey Rabbit Finance's avatar

💯 I think you are right about that!

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S. Morris Schauff's avatar

the difference between what Bateman has done vs Tudor-Jones is IMO, Bateman is looking little further down the depression raod where hie Physical will not be only a rising value investment but also a hedge against societal collapse which would include electric and internet services being limited and outright not available everywhere ... whereas Tudor-Jones crypto holdings is pure play on the next fiat way of doing transactions in an on-purpose cashless globe, strictly an investment with little thought of 'what if the lights or internet are not working"

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Grey Rabbit Finance's avatar

Yes, that's a solid assessment. Also, you could argue that Bateman operates outside the core financial system, he’s not a hedge fund manager, just an individual investor. That gives him fewer constraints and more freedom to act on conviction.

Remember when Warren Buffett made his big silver play? Many speculate, that was shut down by higher powers. In a global reset or monetary collapse scenario, silver is likely to outperform all other metals. It’s more decentralized, and its price point makes it far more accessible to the average person.

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Alexander Fernandez's avatar

David Bateman’s massive silver play is a striking example of how some billionaires are positioning themselves not just to weather potential financial storms, but to capitalize on systemic risks others fear to confront. His thesis—betting on precious metals as a hedge against the collapsing fiat system and credit bubbles—is certainly bold and resonates with a growing chorus of skeptics.

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Bradley Long's avatar

Curious about how metals value will be measured after the collapse of the dollar ?

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Brenton's avatar

We currently tie the value to a fiat system, which mind you the price has been suppressed, would it not in theory be tied to its worth to society as a whole? I.e. its probably more useful in the real world than gold?

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Stephen's avatar

It seems I’ve been out stacked a little.

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Grey Rabbit Finance's avatar

🤣

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Dudeman's avatar

Just one question, did purchase and take physical possession of the silver?

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Grey Rabbit Finance's avatar

Thanks for commenting, I believe he mostly took physical possession after selling SLV. His goal was to eliminate all counterparty risk.

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Alyosha's avatar

Not exactly a whale. More like a keeper.

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Alyosha's avatar

Buffett bought 10x that in 98.

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Alyosha's avatar

Ok! Let it be so. 12 mio is a respectable position, sir. And good to know. Tyvm.

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Grey Rabbit Finance's avatar

Thanks for the comment, Alyosha you're absolutely right. That said, Warren Buffett manages a hedge fund–like structure. In this case, we’re talking about an individual investing his own capital for himself and his family. For me, and many others, that qualifies as a whale.

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