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Michael Lynch
@DtDS_WSS
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Petroleum engineer who experienced a 90% currency collapse. That'll lead a guy to gold and silver. I do analytics on monetary metals. #Silver #SilverSqueeze
Joined December 2022
@GovernorShapiro Gov, you're wasting your time on these issues. A real Gov would rename that river in Pittsburgh to the Pennsylvania river.
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Memo to gold and silver market participants: The proper market driven reaction to demand exceeding supply is to raise prices, not cease production. There is never a shortage at the true market price for a product that is stacked in warehouses around the world. Thank you participants. Have a good day.
@markets Bet they're out of Silver bullion bars as well🇰🇷 Enjoy your paper gold silver proxies and hope their derivative department doesn't implode
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Physical metal mania spreads to silver as over 10 million oz has been bought since first notice day pushing the February contract into record territory. And the March gold contract open interest is 5 times typical. Hear that London? Get another fork lift! They're coming to take your gold away, ha ha, ho ho.
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@ArcadiaEconomic @KingKong9888 @GoldTelegraph_ @1CoastalJournal @clif_high @Beyond_Mystic @Ben__Rickert @BullionAdvocate @BullionBrief @MacleodFinance @DavidLe76335983 @chrismartenson @TFMetals @SilverBullionPL @oriental_ghost @LynAldenContact This is a question for @_whitneywebb who has written/spoke of natural assets being monetized. Her research is deep and thorough. Not sure of the best link to point to on this subject, but here's a quick link:
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@jameshenryand @Sorenthek I've looked to buy tungsten as a novelty item since its density is about the same as gold. I failed the idiot test though.
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@SemperVigilant1 @jameshenryand Their YE24 number was 280 million oz, so I worked off 2% of that = 5.6 million oz = 386,000 lb = 320 ft3
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@jameshenryand @JessesCafe I've posted numerous times that I believe the ETF metal is almost certainly hypothecated. So it is actually available in the marketplace. However ... when it becomes apparent that is the case, all those ETF owners will realize they are the bagholders.
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