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Kman

⚠️BANNED⚠️
  • Posts

    5,160
  • Joined

  • Days Won

    1
  • Trading Feedback

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  • Country

    United Kingdom

Posts posted by Kman

  1. 12 minutes ago, Aiden2343 said:

    I do wonder, how is the system deciding which orders are to be cancelled? Is it based on whoever ordered first? or just chance? My payment also says pending but the money is not available in my account. It shows 9.03 am as time of payment and I received my order confirmation at 9:04 from the mint. I really don’t think I could’ve been faster, so if my order is cancelled then it’s likely that anyone’s is at risk.

    I'd guess first come first served

    The trouble is with their system rejecting cards multiple times its more like first come and lucky enough to actually get served

    I think I first got declined at 9:02 and it took till 9:10 to get my order done

  2. 1 minute ago, Fathallazf said:

    I didnt understand 😅 i need a reassurance please. Is there a possibility to be canceled or not?  

    Sorry their post just reminded me of the Queen song One Vision 

    If one card was used to purchase two of the same coin it's entirely possible one of the orders will be cancelled, If it were me I'd assume it would be to avoid disappointment

    Hopefully for your sake they gloss over it and you get the coin

     

  3. 2 minutes ago, creative said:

    So I’m going to be honest. I only really queued to buy one of these because I missed out on the Una last year. I think it’s a wonderful coin and I’m very happy to add to the collection (if I’ve actually got one), but I don’t quite get the hype. Why is everyone getting ‘rather excited’ about this coin in particular?

    (Feel free to roll your eyes, send polite abuse and general hate towards me, the guy who clearly isn’t educated)

    Timeless design, low mintage, I'm not a collector but this should end up being a really beautiful series as a whole

    Everyone wants one, money to be made

    I think they deserve a premium on the secondary market, not quite the premium they achieve but if people are willing to pay then what does my opinion matter

     

     

    2 minutes ago, sovereignsteve said:

    Well, that's that then, ending several months of speculation and discussion. Anything else happening now?

    stocks 😎

  4. 28 minutes ago, Stacktastic said:

    Not really what we want to hear, but sitting it out now and buying at the bottom seems a logical step. ;)
    Assuming this is accurate - never a fan of just going on technical analysis, but his yield statement makes sense. 

    This is the basic chart I like

    gold2021c.thumb.jpg.e3337a6ae77205d419758b46a7b41836.jpg

     

    You could make a case for something like this currently, downward channel it needs to break out of

    2021golddown.thumb.jpg.d4e00eb0c5ae4715d5137010cbd6479c.jpg

     

     

  5. 3 minutes ago, sixgun said:

    What risk do they need to cover with a short?
     

    I would guess it's an accounting, balancing the books issue

    In April it says SLV assets under management were 5b and it's now 17b

    What difference does that 12b make? does your whole portfolio balance different, can you open new positions or have access to more capital/different types of credit? no idea, but you wouldn't want to get caught playing with that 12b if silver tanks and be stuck living a 17b lifestyle with only 5b

    Again I'm guessing but it's probably something to do with this

     

     

     

  6. 51 minutes ago, sixgun said:

    Then he says that silver ETF's buy silver and then go short on the COMEX to hedge their position. This is gibberish. If they sell short the total value of their investment cannot go up (or down). If the silver goes up in price, the physical they hold goes up in value but they lose on the short. If silver goes down, the physical goes down in value but the short goes up. 

    They're hedging reducing risk

    No idea what the ratio would be but it definitely wouldn't be 1:1 as standard

     

  7. Is silver shorted because it's an easy way to make money?

    Just how profitable has shorting silver been? is there any way to know

    If you could control a market and print money from it without anyone really objecting (industrial use certainly don't mind low prices) - I can understand why that would happen

    Or is there actually a grander conspiracy behind it 

    Is it that if gold and silver were allowed to attempt to find fair value they would be like a black hole for currency and inflate exponentially, Is that what we're seeing in crypto now 

  8. 1 hour ago, SilverJacks said:

    Aside from paper silver, for the big boys in tech, solar, battery etc?

    Maybe but hasn't this been going on way longer than green energy?

    Wouldn't people in oil want to drive up the price of green used metals though on the flip side, if that was the game

  9. 4 hours ago, Stacktastic said:

     Im learning day trading now.

    how are you going about it? times frames? identifying entries etc

    What are you trading? equities, commodities, currencies or all? 

    I wouldn't be against doing a detailed post with everything I've learned so far

    Personally I've found trying to trade takes up a lot of time, is more stressful and not as profitable as just investing  (I've probably been lucky with the investing though)

     

     

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