Get in now when it is still low to test some luck?

To clarify: iShares Silver Trust
Not SLVEST

This post has been edited by HereToLearn: Jan 30 2021, 12:03 AM

How to play? Can pm me if private

Close eye buy? It is a reddit hype .

If play, must have the mentality that you are ready to lose the money, like how others played the GME hype

It think the only advantage SLV over GME is that its chart looks ok, and it hasnt fly as high as GME. The worst case is that if might drop to 13, which erases 50% of your money, but you can always keep silver as an inflationary hedge if you havent got any silver

This post has been edited by HereToLearn: Jan 30 2021, 10:42 AM

Which broker?

Try the US brokers such as IBKR, Etroro etc

Which one are you using?

Wow.. Reddit Horde wants to push SLV.?

Haha..good luck to them. Silver price is global price.

I happy also if they can push up silver price. I don't have silver but I have gold. Silver up will usually bring gold up with it.

Now it's full blown pump & dump everywhere.

You can buy physical Silver and Keep in your Safety Box.

I bought, blindly emotionally.. not sure why

Well, it says it is still a good value for medium to long term, which aligns with my views and objective. Might be good to buy some at pullback as an inflationary hedge with so much money printing around.

How I value silver with no fundamental metrics? GOLD TO SILVER ratio started at 40:1, now it is at 70:1. I am a retard, I dont know what I am doing.
I read somewhere that silver demand will rise because of the rise in solar panels and EVs too

Again, to emphasize only buy AS HEDGES. I am really a retard, and have 0 idea how to value any unproductive 'assets'.

EDIT: My TP is 70, else will be bagholding as an inflationary hedge

This post has been edited by HereToLearn: Jan 30 2021, 09:26 PM

Watch the video over and over again...Watch the body language and you can see something. and do more DYOR...

Keyword is well highlighted well there. + Grandpa Mike Maloney, GoldSilver.

Panjangkan!

Sister, I am not good at reading body language. I can only understand things at face value. I am 钢铁直男.

Share your views

This post has been edited by HereToLearn: Jan 30 2021, 09:52 PM

You have partially there, BUT you`re still long way away to understand the big big game.

Learn more about the $SLV price movement.

The ETF you posted, take it like your Basmati rice mixed wrongly for Jasmine rice but cooked in Jasmine rice way.

ETF....As small word of advice from Grandpa Mike Maloney,

better have the Gold/Silver Bullion in Your Hands. Not in Paper Money.

This post has been edited by Syie9^_^: Jan 30 2021, 09:57 PM

Slv also burn the wsb gang last nov once haha. Before slv its the purple mattress play.

They basically recycling stuff to hype now since the subscriber base just became big

that's why DYOR.. you follow what WSB said, you become the autistic.

purple mattress play? EE so nice.. I also want purple mattress

MARKETS A LOOK AHEAD: Physical Silver Supply Running Out! M.

HereToLearn !!! Told You. Just go store and ask for PHYISCAL Silver...Bullion.

Yeah I saw I saw SD bullion and JP bullion running out of silver bars, but I saw the spread of physical silver in Malaysia. DAMN huge. So didnt go ahead to buy physical silver.

Anyway, SLV TO THE MOON. Raising TP to 200-210, at gold to silver production ratio of 9:1. I dont think it is due to the industrial demand from solar panels and EV batteries, but demand from WSB and people want to hold silver as an inflationary hedge.

So sister holding how much physical silver? Can treat nasi lemak?

This post has been edited by HereToLearn: Jan 31 2021, 11:41 PM

You want to play that number, better just go for CFD..

that iShares ETF SLV...probably going to be tank-ed hard with issuance of more ETFs...

i dont know, I probably will buy something more than that.

I want diamond hands

Just checking, ETF is supposed to track the price of the base asset it is tracking. Buying SLV alone won't jack up the price of SLV, you need to jack up the price of real silver, no?

Let me know if I understand wrongly.

TBH, I am a retard, my SLV TP is solely based on emotion, and I dont know how is ETF issuance going to affect the SLV trust. Mind explaining more?

CFD have overnight fees. You can put leverage on it, and ride the wave to get big gains. But I dont like to use leverage, I no balls, a conservative investor.
GO sister, make malaysia great again. Milk them dry and bring the money back into MY.

I think you are right. If you are in SG, maybe can get some physical silver if the spread is not as huge as in MY. Again, I am a retard, please do your own DD.

People are buying silver, they are jacking up silver ETF indirectly IF I AM RIGHT I DONT KNOW WHAT I AM DOING, I am just here riding the wave. Bought silver ETF cause it is easier and more worth it for me to sell later than physical silver. The spread of physical silver is too damn big in MY.

Buy using Maybank Silver Investment Account

Correcto Mundo... U need to jack up the global silver market.

Unlike a company like GME where the shares are fixed in number, an ETF can issue new shares if there is imbalance between demand and supply.

For SLV ETF, which is backed by silver bullion, if demand for its shares increases, it will buy more silver from the physical bullion market. It will then create more shares from this new bullion and sells it on the market at whatever the silver market price is at that time.

That's how SLV works, that's how GLD works.

This post has been edited by Cubalagi: Feb 1 2021, 09:28 AM

It still tracks the silver price right? As long as worldwide people keep buying silver, SLV will continue to up?

I feel the shorties are too big for us. Price has risen a lot since the last big drop

Yes. SLV price tends to track the silver futures market prices.

Let's see if the Reddit group can push up silver prices. It could be possible in the short run. You can already see futures traders anticipating this and pushing up silver prices in the futures prices this morning.

However ultimately silver price will depend on supply n demand of the metal itself.

Have you realized that most of the silvers are now out of stock?

I still have a few kg of silver that I've been sitting on since 2011.

There are a few things here. Be careful of Youtube videos. There are guys out there that have been pumping silver for decades. They go on each others' shows and all agree that silver is way undervalued and that you should buy it now. It's all bullshit. Kitco have a respectable looking Youtube channel that has a load of these guys on it because sell metals.

The silver price has moved a lot on Sunday night. When markets open tomorrow (US time), it's likely to move further. We could see another spike like 2011. If we do, we'll see another crash like 2011.

There is a shortage of physical silver but in my book, it's much easier as a retail investor to trade the ETFs or miners.

You can probably make money in this if you get out early. Don't get left holding the bag for a decade like me.

I dont think many here or even wsb remember 2011. That time they are also trying to squeeze jpm. The bankrupt jp morgan buy silver campaign is not widely known outside of US. In the end it dint bankrupt jp morgan but it does cause alot of bag holders.

Now this crappy conspiracy theory is back. And funny thing is jp morgan more or less is still in control of slv due to their large physical holdings at comex.

That is Physical Bullion. at Retail Level. in banks, still got alot.... unless it wasnt anymore.

2011, were you at peak? That`s still long way to go.

Yeah, I rode it up for a while and then I rode it all the way down.

Legend, Bag-Holder.

HoDOR will be with you slightly.

Hahaha, yeah, I'm a diamond handed legend.

I still wish I'd sold at $48 when I had the chance.

I do believe the thesis, SLV is really over rigged. WAY too much.

U buying?

Took in A big ass chunk during March 2020.

I have a lot to learn from you guys here. All pros

Some are pros and some are posers.

Value investing 101. Separating the wheat from the chaff in an anonymous forum hahaha.

Inflation adjusted silver price....




For sure but the commodities markets are controlled by various large players so this happens.

Take a guess who is the custodian bank for SLV.... JPM.


Ask those who trade natural gas or the countless allegations over the years in various commodities yet a few ever get brought to daylight.

https://www.globenewswire.com/news-release/...ing-Cartel.html

https://www.internationallawoffice.com/News...ower-oil-market

As long as it doesn't turn into k then should be fine but lately doesn't fell like it.

Sadly facts don't matter much these days.


A certain billionaire was criticizing Robinhood yet forgot the biz he invested in has the exact same model and just that no one demanded a massive increase in collateral from them.

Wow if you still holding almost a decade long

It’s gonna be crazy once it hit 32

i`m just Here to Learn too.

some are chad + lurker.

Price was very high in late 1950-60. then this one right now is?
hypocrite billionaire at their best right?

It was the 70s and 80s when the hunt brother corner the silver market and subsequently got shut down by the gov. Even the most capitalist market in the world does not have total free market freedom.

Does the recent gme ring a bell hehe.

Yes But the SLV thesis.... is just a distraction.

The only issue soon will be, Silvergate?

Yep, WSB deleted the original post. It failed to break $30. I've already sold my SILJ.

Top Glove is stonking though. #bursabets

Just sold out of my physical silver too. Thanks to changes in the exchange rate, I'll actually make RM250. A terrible return for 10 years of "investment" but it was a terrible investment to begin with. I'm delighted to get my money back considering it went from $48 to $15 pretty fast.