@redpillschool Actions speak louder than words. I sold 3 KG physical the weekend before last. Was pretty pissed that the Indian dealers who were open on Saturday stung me way under spot. The Jews had closed for the sabbath. (The Jewish precious metal dealers are a lot fairer in my experience). Not too bothered now though.

I have also ditched about 400 ounces of silver bullion pool on the way up from $50. Still got about 125 ounces left. Kind of hoping it goes back over $100 but in the end if those ounces drop back down and I don't sell, I am chilled as they are more than paid for.

Silver spikes hard once a decade or two. Then you dump it fast. That's been my strategy. Load up when everyone says its junk, smile at them and buy more when you can. Then when it goes parabolic dump it and it won't matter if you time it right or not, you will be winning by miles and only a greedy man gets burnt.

I would not personally buy silver now. Silver is a commodity people occasionally invest in. Its not like gold, which is a source of value in itself. Silver needs to be needed to be valuable and it gets used up, so much speculation goes into it, making it volatile and prone to squeezes, panic buys and opportunism. Smart men can make money in it and smart men can also get badly burnt.

The risk is that there is a big speculation bubble. ETFs have got ordinary folk into it now. These are the people who will pay for everyone else's profit when it tanks. Once it has clearly tanked the speculators will bug out, taking their losses and the price will fall further.

I might short it now, if I had the balls. This could be the top. It could, of course, be the end of the second wave. in hindsight people mark the charts up so wisely but looking forward, I am not smart enough to say.

Personally I will look for the classic Elliot wave market correction, rebound and then the fall back and then load up. If that takes a few years, then cool. A wiser, braver man could no doubt make more another way but I am not all that wise or brave. I am just a blue collar guy who makes money in precious metals in slow burn ways.

As an amusing red pill aside, the cash in the safe from the 3KG is spinning my lady's hamster wheel up. "You say we have no money for a weekend away, Valentines day is coming....I carried those bars in my handbag to the dealer for you..." I keep telling her the cash (my cash from my investment, made while she was highly dubious about precious metals) will stay there till we can use it to have a weekend in the city and buy at least 4 bars back, while we are there, if not 5 or 6.

@adam-l Great news. Congratulations!

Its such an exciting field to qualify in because there is still so much left to discover. Its like the moment that alchemy turned into chemistry. People were not often wrong before but they weren't always right and they didn't understand why they were right when they were. They didn't have all the facts and there was no joined up body of universally agreed knowledge to work from. Are you going to do any research?

I should think that in coming years, there will be a lot renown to be won by disruptors who have nothing to lose, who produce science that may be hard to get published but is also factually correct, destroying the woke consensus. People will look back on them and say they were brave, true scientists who followed the evidence.

I remember sitting in a Psychology lecture in the early 90's. The lecturer told us he was going to tell us some unfashionable scientific truths that he felt the establishment had been brushing under the carpet. I recall him saying Blacks were two standard deviations below the men in IQ, Asians a few points above, that women were a few points below men and so on. Girls we would now call woke were getting up and leaving the lecture, some twat who belonged to the hunt saboteurs and sold the socialist worker (not that he ever did a day of work) outside the students' union shouted something in protest. And I thought "Fuck me, this is what I have been waiting for. The truth is coming" But it didn't come, did it... Maybe now, maybe you?

@Stigma One problem of today's news coverage (both by official media and non mainstream sources) is that we get individual incidents made into very big things. This is essentially a war on a very large corrupt group. It a big battle fought all over the state. No battle plan ever goes off quite as planned. It is very rare that a battle is won without some casualties that may not have been necessary.

People on both sides argue themselves silly over small moments that were judgement calls.

Wise law abiding citizens stay away from officers of the state doing stressful jobs and making fast decisions on limited data. Officers of the state try to avoid harming those who are not the direct targets of action. But in the end life is not perfect. I don't see many people saying this. Its either "this saintly man was jilled unfairly" or "this bad man was fairly shot". Not "This guy got into a tense law enforcement situation and it really backfired on him. No one wanted this but this is what can happen in these situations. Let this be a lesson to those who get involved in others' battles. It may become your battle without you realising it". You might also add "Do you really want to be a martyr for a group who are ripping your country off?"

We do need to grow up and see reality. Casualties are inevitable in battles.