That’s 12,565.81 metric tonnes of physical #Silver that the LBMA has to come up with.
— Eric Yeung 👍🚀🌕 (@KingKong9888) July 12, 2025
The LBMA vaults reportedly have 23,791 metric tonnes of physical #Silver as of the end of June, but only a portion of that is unencumbered free-float that’s available for physical withdrawal… https://t.co/sGN2jMDt9Q
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400,000,000 ounces X $1.5 = chump change for the big banks. The Fed will get a summer intern to click that shit into existence.
How many times have you read this story, or one just like it?
How many times have the big banks been caught with their pants down and suffered an actual material loss?
They just roll the contracts. Every time.
Yes, a similar “short story” is told on a regular basis. My stockpile isn’t going anywhere soon.
I hope that those folks are sweating.
Instead of the actual silver, some people are going to get a check for the dollar value of the physical silver they want to withdraw.
That would be a chicken dinner right there… Same as it ever was, as it always will be.
If you’re going to bet, bet on the thing that’s happened before, not the outlier black-swan event that’s never actually come about despite oh so many times we were thiissssssss close…..
Wow Stock up on oatmeal and hash.
oatmeal is empty calories, stock wheat berries instead!
Silver and gold don’t exist until you hold it in your hand. If you can’t hold it in you hand, you might as well invest in Federal Reserve Notes.
buy paper, get toilet paper.
I put mine into copper and brass, steel and wood.
No worries. The Golden Golem will just pull an FDR and make it against the law to hold silver specie in any form. The FEDGOV will force everyone to turn it in. Then, look for a dual currency as in China. Greenbacks for the International Banksters and War Criminals, “Bluebacks” for us serfs.
The big difference is that when gold was “outlawed,” most people were carrying around gold-backed dollars, so the change was not as big a deal to them. Also, they hadn’t seen the crimespree that would ensue from his actions. WE ALL KNOW exactly why any confiscation is happening now, and people have actively purchased gold and silver FOR PROTECTION (along with lots of lead/brass). Things will NOT go as smoothly as last time for sure.
confused maybe, all gold with exception of some form of jewelry were illegal for people to hold. Most people were carrying actual gold and silver coinage with silver certificates US notes.
There were plenty of gold-backs in circulation too. And I didn’t mean to imply that folks kept using them, but that because “paper” gold was already being used, the switch to non-gold paper didn’t register as much. And they never touched the silver part of the currency.
and then they’ll raise the price on it, just like commie roosenfeld did!
Remember-
We do not need the governments permission to use silver/gold/ammo/whatever as legal tender.
Start talking to others about this.
Buy paper get toilet paper!