Midnight to 6am - Overnight Spot Watchers Spot...

Discussion in 'Silver' started by Turk, Mar 31, 2011.

  1. alor

    alor Well-Known Member Silver Stacker

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    GSR can go all the way to 17 from 126
    one way choppy moves
     
  2. jultorsk

    jultorsk Well-Known Member Silver Stacker

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    Reddit silver apes gonna need stronger hands...:confused:

    Screen Shot 2021-02-16 at 11.01.22 pm.png Screen Shot 2021-02-16 at 11.01.46 pm.png
     
  3. heartastack

    heartastack Well-Known Member Silver Stacker

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    Damn gold..
     
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  4. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    We don't have to worry about them, many of them much smarter than us. One American sailor converted the profits on his $3k punt on GME to buy 1600oz of silver in a single order! They are literally using free money made from cryptos and squeezy stocks to buy physical silver.

    Elon can continue pumping cryptos and they will just cash out and buy commodities. The money made from dumping cryptos will eventually flow into physical silver.

    They understand silver better than us. It's too easy for them to make money using little money, but the same money can be lost just as easily. By dumping profits into physical, you lock in your profits offline.
     
    Last edited: Feb 16, 2021
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  5. STKR

    STKR Well-Known Member Silver Stacker

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    It can also go from 126 down to 17
     
  6. Millennial Engineer

    Millennial Engineer Active Member

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    Was that the one where he bought 100 Oz bars and did an unboxing video?

    The Apes over there have filtered through the noise of Buy Physical Silver, or PSLV or enough SLV to stand for delivery for it instead of holding SLV, like was once suggested on Wallstreet Bets.

    I think the idea of Elon Pumping Doge/Tesla Pumping BTC , as a distraction, while they go unannounced buying Silver or even silver mines has been speculated there as well.
     
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  7. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    Yup.

    Yes, Elon would be buying up and securing platinum, lithium, nickel, rare earths mines, and all the stuff he needs for Tesla and SpaceX. Recently, he approached Russia, I'm quite sure it's about resources. While the media is pumping bitcoin and dogecoin, my rare earth stock has gone up nearly 300% in just over 2 months and the talking heads are not even talking about rare earth!

    There are lots of opportunities still lying around, only need time to research. Don't bother with msm, they only pump what they want to dump. The real gems, no one talks about it.
     
    Last edited: Feb 18, 2021
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  8. STKR

    STKR Well-Known Member Silver Stacker

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    The Brave New World - 2021
    Screenshot_2021-02-18-17-51-28-32.jpg
     
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  9. 66rounds

    66rounds Well-Known Member Silver Stacker

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  10. heartastack

    heartastack Well-Known Member Silver Stacker

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    12 year old twitter traders with 500k subscribers giving crypto trading advice. The smart money is here!!!!
     
  11. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    good one but the way he talks always makes me want to Zzzzz. Only managed halfway, continue later.
     
  12. STKR

    STKR Well-Known Member Silver Stacker

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    Try 2x playback speed
    18022021220832.jpg
     
    Last edited: Feb 18, 2021
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  13. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    Thanks, I increased the speed, but the 2nd half, I just fast forward it. Just bitcoin pumping. The media is now full of it, getting tiresome even to listen. The pumping has intensified in recent weeks... :D
     
  14. STKR

    STKR Well-Known Member Silver Stacker

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    Bitcoin pumping? Quite the opposite.
     
  15. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    Ok, I'll watch again. :)
     
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  16. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    I watch it again but can't stop myself from fast forwarding at various points. He made several good points on the wealth tax and the increase in the number of paper hands as more retailers buy into the hype, and that the US government will not ban it.

    But he doesn't mention that a stock market correction can bring down bitcoin back to sub-4 figures before it can pass $100k. Many things can happen in the next couple of months that can bring everything down. The people who bought today stand to lose 90%-95% if they HODL, while the luckier ones with paper hands will make at the most 100% or 200% (if assuming bitcoin goes up to $100k or $200k). 100% gain can be achieve in stocks easily with comparatively lower risk.

    If a speculator loses 90%, he must earn 1000% in the next punt just to breakeven. The odds are very bad at $50k. I don't believe any real investor will buy at this price. Probably shill buys to "push" the price up, while secretly offloading to bag holders. For example, they could announce their public company bought xxx millions, while selling their personal holding secretly. PLenty of tricks especially in an unregulated market. :D
     
    Last edited: Feb 18, 2021
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  17. alor

    alor Well-Known Member Silver Stacker

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    if your company have spare cash
    even they are losing money
    all need be done is just buy bitcoin
    and your company value will launch to the moon
    just like Tesla
    excellent expanation on why Tesla got into bitcoin
     
  18. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    Come to think about it, if you say you buy gold and even silver, your stock will fall instead. Opposite effect of bitcoin.

    Just wondering who is actually "buying" bitcoin. Looks at the chart. Even an 8 year old can tell you what happens next. :D

    [​IMG]

    If that's his intention, doesn't seem to be working. Tesla looks like it's going to fall off a cliff.

    [​IMG]
     
    Last edited: Feb 18, 2021
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  19. jultorsk

    jultorsk Well-Known Member Silver Stacker

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    Interestingly perhaps, Musk is forcing practically everyone who owns Tesla shares to "invest" in bitcoin. E.g., most Aussie Super funds probably have Tesla in their intl. portfolios etc etc. Not sure if the institutional investors are all too comfortable.
    That said, Musk has pulled a rabbit out of thin air before.
     
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