re: This could be something....Look beyond equities, Silver to be the next short squeeze

Totally think its 2 plays, my decision to play the silver futures route is that the frickery is going to be presumably less this way. I could request delivery for all of my positions and have a brinks truck distribute wherever I say. People can go out to any bullion dealer and do the same, they then hedge the future and repeat.

I dont think people have the grasp of how fast the price of silver could 10x from here if enough people got hands on physical. It's such a manipulated market from the short side, look at the chart above.

When you buy pslv and slv its backed by oz's. If this gets driven up all miners are going up with it. so I support the AG trade, I just look at what happened yesterday with the brokers etc and not having an easier door out. Bullion premiums are extremely low today so I expect it either is a tell of some downside or its the last chance to get low cost physical for a while...

Remember there are only a few mints and refiners in the world. All of grannies silverware cant get melted fast enough to keep up with demand if people start requesting physical. Covid really affected the mining industry as well. This move above 27 is very bullish but theres going to be some resistance to 30, after 30 the ride to 50 would likely be fast

Should we create a TD.com Money Talk discord?

It's a chat room that allows traditional posting like what you would have here at TD, but it also has voice chat rooms. Someone else could probably do a better job explaining it.

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Bullion premiums are extremely low today so I expect it either is a tell of some downside or its the last chance to get low cost physical for a while...

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I agree with most of your post, but this.

Physical Bullion premiums are incredibly high right now compared to the past 6 years. Bullion inventories are nearly exhausted for all but the largest dealers, like Apmex and JM Bullion. Consequently, premiums have risen to reflect the shortage.

USA minted silver premiums are about $5 oz .... last January they were $1.29/oz

USA minted gold coins are about $109 premium above spot ... and a year ago they were $29/oz above spot.

Theoretically, you could "take delivery," but it wouldn't be cheap or practical, IMO. A good-for-delivery bar of silver from the Comex is 1,000 troy ounces (68.57 pound) .... pretty hard to liquidate that stuff ... to ship it ... and pretty expensive to secure & insure.

Makes a great doorstop though .....

A good AH close. The initial run held to the end of the week. I'm liking what I see.

Let's keep this train rolling.

Link me up

Don’t mean to ruin this part with such a novice question but can I just create an E*TRADE account and purchase AG?

Even though it’s up from when this started, would it be worth getting in now?

Just created a Robinhood account. Maybe it would be better to use that one

AG or SLV? Or both?