_Checkmate 🟠🔑⚡☢️🛢️
_Checkmate 🟠🔑⚡☢️🛢️|Jan 27, 2026 01:43
Sold silver at the dealer this morning for a 3x over ~18 months. Sell thesis was simple, silver chart is now parabolic, I received three messages in two weeks asking how to buy it, and gold/silver ratio has hit lows where it historically peaks out. Every twitter sub-community is now a silver community. Topping stuff. Some notes on the experience: - I couldn't sell it yesterday because of public holiday in Australia, and I lost a few % points waiting for the dealer to open 9am this morning. I also had to bus to the city, pain in the ass. - Lines out the door, all retail, all very excited to buy. - Chit chat in the line was mostly retail folks bragging about how much $ they have made since last weeks buy, and why silver is now better than gold as an investment. - In shop, many of the buyers had no idea how to think about weights, coins vs bars, different mints. Total newbs, or people who wanted the shiniest coins at whatever price. - I was one of two sellers, other guy was selling a fat stack of silver, and clearly had been buying for a long time. Serious looking dude too. - Sold 2% below spot price, so spread wasn't terrible. The whole experience was 100x more time consuming, less convenient, and with lower control than a Bitcoin transaction. I couldn't sell when and at the price I wanted to. The spreads buying silver are heinous, and glad the spread on the way out wasn't too bad. Bitcoin fixes literally all of the monetary properties here. Silver should be used in industry, leave the monetary use-case to gold and corn. Staying humble and stacking sats with the proceeds.(_Checkmate 🟠🔑⚡☢️🛢️)
+6
Mentioned
Share To

Timeline

HotFlash

APP

X

Telegram

Facebook

Reddit

CopyLink

Hot Reads