Can anybody share more information on the reported silver supply issues?
There seems to be no shortage through the big retailers with several even having ‘sales’.
What are you hearing from the smaller shops and retailers?
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I am hearing that retail is flooding the coin shops with silver supply.
Probably because silver is now back at par with where some of them got trapped back in 2011 ($40-$42), and partly because Americans are strapped for cash.
But retail is never where the action is until the end of the game. I don’t know why, but I don’t make the rules.
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Definitely the big money is made by being where the herd will be and waiting for them to catch up. That means - almost by definition- the big move by retail is the last stage.
The reluctant retail investor who is slow to move, doesn’t dig into details but follows trends heard about casually, is the picture of the bag holder at the top of the market.
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Putin is on record at the recent summit as saying Ukraine’s military has all but collapsed. They are operating at less than 50% of capacity, and units are having to be begged and borrowed to patch up thin parts of the front.
Putin is also on record as saying this:
https://x.com/Glenn_Diesen/status/1963874621746192833
And then there’s Trump saying the US will put more Troops in Poland:
https://x.com/Osint613/status/1963281689683149048
But, again, the big news was this:
https://x.com/AXChristoforou/status/1962781709767782571
Energy is THE MASTER resource It is power and wealth. EVERYTHING else is a second order derivative of energy. Wars follow pipelines like birds migrate south in winter.
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And, oh hey - let’s not leave our Canadian brethren out of the loop. Obviously, the average Canadian has zero skin in the Ukrainian game, and that could turn out any old which way and not affect a Canadian’s daily life in the slightest.
Unless, of course, they are sent over there to die:
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No disrespect meant but aren’t you a boomer? What exactly did you do to cause this mess? Did you do these things with malice? What could you have done differently to have prevented this mess? And when I write “you” I mean you personally. As a boomer, I kind of resent being told I’m personally to blame, but would apologize and take the rap if someone coherently explained to me exactly what I did.
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Why do you take it personally? If you’re a good person then it obviously doesn’t apply to you? Just like it doesn’t apply to Chris.
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Not going to tell you to stop buying XRP, but XRP is wildly different from gold and BTC in terms of control.
Then who exactly are we talking about when we say the “Boomers” if not those born between 1946 and 1964 - years within which my birth falls? If you’re talking about bad people then why categorize these bad people as “boomers” at all? Many of the people I would categorize as bad and most responsible for the mess we’re in weren’t born within that timeframe anyway. Nancy Pelosi (born 1940) Bernie Sanders (born 1941) Joe Biden (born 1942) You’ve got me on Chuck Schumer (born 1950). Shitty, corrupt people are from all age groups. The hollowing out of America has been around half a century or more in the making. The boomers, nor anyone else of average means had a say in this. Re-read the Princeton University study from 2004 showing that the U.S. is an oligarchy if you doubt that.
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Are you familiar with the book “4th Turning”? Boomers are quite literally the most modern 1st turning. We are deep into the 4th turning right now, which is frightening.
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Not speaking for cmartenson, as he’s more than able.
For my half baked understanding of the situation, it seems to me that the accumulation of pensions have created a strong lean into the idea “anything for a buck”. Naturally, those with the longest to create their own retirements have the largest influence.
What I mean by anything for a buck is that by investing in a manner that chases yields, many (myself included) have been trapped into thinking that it isn’t our job to know what the stewards are doing, only that they bring a yield. I have often wondered what happens if the wrong person has access to more wealth than they should? I suggest to you that it’s much more possible in the management of pension funds. Just look at Larry Fink.
I think the missing link is that somehow between the boomer generation and now, the intentionality of creating a better tomorrow for a generation yet born is on the decline. Some might blame the boomers, but I think we’ve had societal and technology changes no one credible could have reasonably understood the full weight of.
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Here’s Tim Dillon’s funny take on all the generations to make it more fair.
I get it. I’m not getting too emotional with crypto. BTC has a decentralized freedom and built-in scarcity story which is compelling–but transacting can be a hair-raising experience. XRP runs on high-speed rails by comparison and is part of a banking compliance environment and is centralized. The amount of power used by bitcoin seems wasteful to me. So in general, I get that they are opposite bets. Also, I don’t believe in transacting in bitcoin. Just like the last thing I would do is transact in gold. I can see both sides.
Yeah, like the need for everyone to chase yield because the nature of employment and benefits, especially pensions has changed in the last 50 years. We’re all interchangeable “human resources” now and it’s up to us to fund and manage our retirement. A vast percent of the population has little interest in even trying to figure out how this all works. Most don’t really want to be junior pension fund managers in our spare time.
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Yeah, I get it. I’m not emotional about either. I think of it in simple terms:
BTC is short the dollar and long freedom. XRP is short both. Nothing wrong with hedging.
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Who said you were personally to blame? I was speaking of the Boomers as a cohort, a group.
In sports it’s possible to be part of a terrible team, consistent losers, but have personal stats that land you in the hall of fame.
Each generation gets evaluated. I am certain that in The Greatest Generation (WW II) there were simply awful individuals.
The Boomers failed as a generation to leave behind a well maintained house with a solid bank account for their children. That’s simply the fact of the matter.
Yes I’m a Boomer (by some accounts, an early X by others) and I will easily tell you my generation was dealt possibly the best hand of any generation and squandered it.
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In other news…we keep setting new records because, obviously, this time is different:
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