Sons of bitches - since I wrote this article and I traveling back in time re-reading some of my material which is a habit I have - I must say - silver has been a roller coaster. But just a couple days ago being funds could not be removed as desired, I said "what the hell to myself" - I think silver has reached a bottom - and I put my money where my mouth is in my brain!
I'm not sure I concur with the idea one should accumulate more - I ain't going to do it - but if others are - then the price is only going up. To 173 or such I reckon - and really the US Mint is out of line charging so much above spot - but maybe they are holding on to what they have - as a hedge.
Like you say - who the hell knows - but obviously something has changed in regards to the price of silver and the value is has - tis known as the "Metal of Kings" - even if it does tarnish. I mean literally - Go figure?
As I accumulate more fiat, I will continue to trade it for tangibles, silver and gold being a couple. I have no desire to 'profit', I simply want PM's to find parity... actual value, without interference from fake paper manipulating the 'market'. Since those that have been advocating PM's forever suggest that silver will go as high as 600, many that are focused on 'making' money will buy in. My reason for trading fiat for PM's is to protect what I have.
Smart on you. I've gone on record I consider it "insurance". I'm blessed with my wife's assistance to be be essentially free of debt - and that is what I call "Freedom". I encourage one and all to have no debt on the books and doing everything I can to make this a reality for my children - who fortune has it will be abiding in the family home and help keep it going. Simple really - just keep it in the family. And we ain't got much but I discourage my children from going into debt - especially when they don't need to - cause we already got a place to keep in the family - so to speak. I mean a fella can dream......but silver stacked up - it is just insurance presently - if later it is actual currency then good on that - cause silver is real - fiat is obviously paper based and diminishing in value as I type this. You know - to the heart of the matter - silver and gold and platinum for that matter (been held down for some reason) have inherent value - fiat on the other hand is just good faith and trust - and lately those are both diminishing in front of our eyes - for good reason I reckon.
While waiting for some fiberglass to cure... I decided to come home and check things out. I found a noteworthy article by Michael "Gloom & Doom" Snyder entitled "What Are They Not Telling Us". While I knew that the US Mint had suspended silver coin sales last week, I was unaware of why other than the presumption that they had run out of silver to mint. According to Michael it was to reset pricing... which under current 'market' conditions makes sense, however, rather than the customary exorbitant premium they have let the genie out of the bottle in that their price for Eagles is now $169. Yet silver is still dancing with $95-6. Those that are considering getting some silver probably need to pull the trigger and just do it. It's literally strategic... and spot price is spot price for bars, rounds, whatever, so long as it's been assayed.
Just checked MoneyMetals and they claim to have 'tons' so you can still get a 2025 Eagle for $110. There's my update. Back to the hangar for some more fiberglass fun.
You know it has only been recently I've come to appreciate use of fiberglass with proper epoxy - (resin & hardener). But I put up a couple carports and put some stakes in the ground with cement - but from an engineering standpoint - there was one place in assembly where just one screw was holding in it - so I wrapped said screw per the advice of my fine and wise neighbor - been through a lot of stuff! - to apply the fiberglass tape. And I did it. So test upcoming in some bad weather - but hells-bells it is windy around here all the time so many times - gusts able to lift carpet under the deck I say!
Those carports are built are ROCK solid - thanks to the fiberglass addition as suggested by my good neighbor.
One last thing - the link from before was not what I thought it was - I posted an image from the link - from the US Mint - the price there now is $173.....go figure I reckon.....
In the article proper cause let me just inform you when it comes to silver I can be a bit testy - I'm gonna post an image from the link above. Cause that is the sort of fella I am - an arrow to the heart!
As I previously posted, they post "We have tons of silver available" so the dramatic increase from the mint shouldn't hit until they move the inventory. My experience(s) with MM have all been great. The seem to be trustworthy... to the extent that they wouldn't deviate from their business model so will sell what they have at spot plus premium and not attempt to cash-in on mint increases until they experience them.
No doubt on that - I mean the physical silver is either out there or it ain't - and evidence on that is forthcoming. But I don't think this situation is like when the Hunt Brothers tried to corner the market - falsely though more real - I think this is the outcome of paper pushers having their instruments put to to the test. So they either have the silver physical and real upon demand or they don't. If they don't the price goes up.
Simple supply and demand.
Makes me think of this song - like "what the fuck"
So I went and confirmed yesterday - sure enough price from the US Mint is $169. Go Figure?
Then I often read articles from Seeking Alpha but I rarely login as I have not yet been banned from there yet! (ha, ha).
In one article I was allowed to read not logged in a commentor spoke about some of the rule changes "Besel" this or that - Basil 3 maybe? I can't remember. But anyhow apparently some of the rules around use of "paper with silver guarantees" are changing - and backup collateral demands rising - and makes me wonder - maybe that is why the spot price of silver has been increasing so rapidly - coupled with other factors not least of which supply has been behind demand for many years. Hells-bells - maybe that is why the rules were changed.
All I know is this - I sure as hell wouldn't want to be "short" silver just now - cause seems the price is projected to increase to lets say $169.
Time will tell.
I'm holding on to what I have on the books. That is like an arrow to the heart in my mind - especially the little bit I got as insurance on hand.
Basel III, and yes the rules were changed re 'backup collateral' resulting in significant improvements thereby de-legitimizing fractional reserve fraud. Can't say if that is the impetus for silver gains (who can?) but expect that it, along with a variety of insane shit that is occurring in the whirled, plays a part.
I'm keeping my eyes out for more info - but seems to me the price has been "set" and 169 or make that 173 for the time being. I really think the paper products have held silver in check and now all hell is breaking out - cause paper can only go so far when demand increases.
Haha, a good friend told me his dad said to him, "In 1913 an ounce of gold would buy you a nice suit... today, an ounce of gold will get you a nice suit."
So those been shorting silver for long years using "paper" to do it - seems to me they are fixing to learn a hard lesson - and let me say derivative fiscal instruments sold as "insurance" are hardly that if they back up paper silver not backed up - and that is simple math.
Derivatives... more imaginary shit. I expect the money-changers are scrambling to cover their soon to be realized losses. I read that JPM sold billions of worthless derivatives to the EU. Seems the only one at the table that doesn't know who the marks is... is the mark. Maybe soon it'll be raining bankers... again.
Now - with more funds I have to invest I have rolled the dice so to speak and invested in two entities that within their charter the say it is "rock solid" - they have the metal. So I hold them to that - and the bank that has my investment - best be true to their banking purpose - if they are not, then all bets are off - and get ready for pandemonium to ensue - cause it will and the bankers will get their due.
Here are the entities - PSLV and CEF - those are the symbols - any info you got on them would be appreciated - but for the time being - I take them at their word.
And I should add - I invested in this entity called RSX if memory serves - a fund based on Russian companies - and those funds were literally stolen from me - and I don't appreciate that one bit.
~
Here is more info on RSX - it was literally "stolen".
Been stacking for a long time. I have been laying in the weeds waiting for what we are beginning to see. Silver priced according to supply/demand rather that manipulated with paper. There are differing opinions with regard to paper/phyz ratio. Understandably so, since hypothecation has run amuck, but the number that sticks for me is 300 paper 'shares' per 1 oz. of actual. Equivalent to a casino... the house always wins. It really doesn't matter to us, but it matters to the banks that have manipulated the silver casino for decades. At some point, in the not too distant future, the 'shorts' will get their collective asses handed to them with margin calls. Silver is decoupling from the paper 'market' driven largely by supply (Peter Schiff claims annual silver production is 800 million ounces) and demand (the big banks like JP Morgan are buying phyz to hedge their short positions). Since demand is largely the reason physical silver is decoupling from paper creating a 'going exponential' rise in spot, it created a huge problem for the speculators which hold 4.4 billion ounces of worthless paper. Think about what would/will occur when the paper holders demand physical. The Exchanges (CME, LBMA) don't hold or have access to that much physical. Oh my.
So I would like to further reply to you that I got banned from Kitco around 2006 - I must of said something wrong on those forums - but through it all I defend silver.
And now a memory returns to me - it was the time I won the weekly guess - but damn I got banned - and that is that.
So, Kitco made that choice way back then - to ban my ass - a winner of one of their own competitions - and that is why Canada - the maple leaf has lost its way - being they ban a contributor who only contributed in good faith.
Haha... banned from Kitco. Many of us were banned from Zerohedge as well, for stating the obvious which in many instances doesn't meet the narrative. A certain decorum must be maintained to further the subjective objective. Silver is dancing around 96-97 now, in spite of efforts to constrain it, but the trend is the trend. Expect... know that there will be big swings. Gold at 4753... wants 5K. The whirled is attempting to maintain the status quo but the trend is for a 'breakout'. Interesting to watch from outside the box.
By the way - sorry if I came off "testy" in my last response....sometimes I just sort of get attitudinal. Maybe that is why they kicked my ass of Kitco!
As I've already gone on record - there is basically only 1 way I will remove somebody commenting in my Substack - and this is if they are evidently threatening to anybody else here posting - including me! Otherwise, I'm a full believer in "Freedom of Expression" on this forum.
Moreover, any comment I post that I edit here are elsewhere on Substack - the edit will be made within 24-hours, but if NOT I will highlight that.
So there you have it - the scoop on me - Ken Hausle, aka "Buffalo_Ken".
Please respond with more details - or at a minimum like my comment. If you don't like it - then refute it! I'm all for open discourse - and I want serious conversations about silver on this thread - so please - don't go posting here and then disappear - but you must know paper burns easy - and it basically disappears in contrast to silver physical - so don't be a stranger - and if you post a comment - respond to those take notice is my council.
Dale - thanks for sharing some insight. And I concur with your assessment as follows:
1. “Paper silver” fiscal instruments have been used to artificially suppress silver price - this has created distortions in the markets.
2. It was feasible to do this - and I put forth it has been ongoing for years - as long as silver production could satisfy industrial demand.
3. Industrial demand has been rapidly increasing in the last few years.
4. So - it boils down to simple supply and demand - and I think the “shorts” are screwed and this is only amplified by what you indicate if they are acquiring physical to offset paper silver short position.
That is a vicious circle - likely to trigger derivative instruments and potentially very destabilizing. Hells-bells - maybe that is the “plan”, but I’m glad I have a small stash - I consider it insurance.
Hi Ken, long time no talk. I’ve been stacking four years in February. I think since the gold to ratio has been so unbalanced and extreme the last few years, silver has been depressed from all the paper contracts and shorts and now the physical shortages are showing up, further driving up the price. It’s in huge demand in industries like AI, solar panels, EVS and pretty much every type of industry since it’s the most conductive metal. The public has just started to catch on to its worth…that’s probably a little late, but better late than never. I have tried, but haven’t managed to convince anyone to buy.
I'll tell you this - I paid a hell lot less for this than it is priced NOW - but at the time I paid a premium over spot - much more than I ever usually would do - cause that is a "bit of a scam" - but I just can't resist that Joker Girl - with the Aces on her sides!
Ha, ha.
Peace!
Ken
ps - it was apparently the first printing by Kitco-affiliated entity that had color in it - you see her shoes don't ya! The rest of the color in the image is but a reflection - mostly of the red shirt I'm wearing! Silver - it is so reflective - #47 on the table.
Happy 2026 for you - and seems you planned in advance. So have I!
~
So - as you say - "silver has been depressed" - and unfortunately the "shorts" might be about to have their pants taken away! Cause you can't keep silver down forever - paper only goes so far I say!
So I place a hedged bet - tomorrow - February 16th 2026 - when the markets come awake silver will be higher priced in value - I got hedges on this - but place your bets!
In the "long run" getting shorter - supply and demand rules the roost.
Place your bets.
My bet is already placed - that is the beauty of it.
I saw in a dream a table where all elements fell into place as required. Awakening, I immediately wrote it down on a piece of paper, only in one place did a correction later seem necessary.
So in the chart above - just presented - I mean "what the eff" - it suggests a big movement in silver markets - and get ready cause silver is a commodity most important.
So - if you haven't read this yet - I encourage you to read it:
I expect the price of silver to drop back to about well - lets say 80 or so....but fact of the matter is supply is not meeting demand - and paper can be used to stifle but the cat is out of the bag and long term silver has value - tis the metal of Kings for Christ's sake.
So - don't invest in it - it is not meant for that - it is a commodity - it is a product of value - it has inherent value - and no paper can hold it down - let it find its value - and those been shorting it for years on end made their profits - but now they will have losses - cause the price has gone up and it ain't going back down to where it was falsely held in prison.
The firing of McDermott is the act of a women vengeful - place your bets.
The price of spot silver is only going to increase - place your bets.
Spiteful women cause way more harm then good - no need to place a bet on that - tis proven.
Tis best to avoid a spiteful women - cause know this the wrath of women scorned is overwhelming.
The Bills didn't get what they deserved - but such is life - the ownership just fired the best coach out there - so let them reap what they sow and frankly who gives a shit about the NFL and stupid games and if fans stop going to the games - rigged they are now seems evident (place your bets) - then the owners will be sitting upon "sunk costs" - and the players will just have to find other jobs. So lucky for the players already got their millions for their athletic ability - but meanwhile so many suffer while the price of silver just keeps increasing.
I would like to go on record I think Josh Allen should just retire. He has a beautiful wonderful fairly recent wife - and they ought just enjoy time together. Why not and how much do you really need.
Moreover - I think Shawn McDermitt should likewise:
There is no public information linking a person named Shawn McDermitt to the Buffalo Bills. The head coach of the Buffalo Bills, Sean McDermott, was fired on January 19, 2026, following the team’s playoff loss to the Denver Broncos. The decision came after a controversial overtime interception call that many believed cost the Bills a chance to advance. Multiple sources indicate that the team’s ownership, led by Terry and Kim Pegula, opted to move forward with General Manager Brandon Beane in a newly expanded role as president, signaling a shift in leadership and vision. The Bills will now begin their search for a new head coach.
~
Oh great - that proves it - the owner of the Buffalo Bills is a traitor - no doubt on that - and his daughter likewise - his wife as well.
~
Better times beckon - Tra'Davious White knows as he throws his helmet down - and Josh Allen - my council is you ought retire just now. Fuck it - you got plenty - and really - tis all rigged.
Off-topic, but I'm a big Buffalo Bills fan - no so much the NFL and the refs - and I want to send a salute to Tre'Davious White - god bless him for throwing his helmet upon the ground right in front of the damn ref - effed up the game for the Bills.
Oh well - Buffalo fans know about it - we are used to it. It made no difference - but it sent a message.
Sons of bitches - since I wrote this article and I traveling back in time re-reading some of my material which is a habit I have - I must say - silver has been a roller coaster. But just a couple days ago being funds could not be removed as desired, I said "what the hell to myself" - I think silver has reached a bottom - and I put my money where my mouth is in my brain!
~
How you like them apples?
Peace!
BK
Silver spot - 99.70
I'm not sure I concur with the idea one should accumulate more - I ain't going to do it - but if others are - then the price is only going up. To 173 or such I reckon - and really the US Mint is out of line charging so much above spot - but maybe they are holding on to what they have - as a hedge.
Like you say - who the hell knows - but obviously something has changed in regards to the price of silver and the value is has - tis known as the "Metal of Kings" - even if it does tarnish. I mean literally - Go figure?
As I accumulate more fiat, I will continue to trade it for tangibles, silver and gold being a couple. I have no desire to 'profit', I simply want PM's to find parity... actual value, without interference from fake paper manipulating the 'market'. Since those that have been advocating PM's forever suggest that silver will go as high as 600, many that are focused on 'making' money will buy in. My reason for trading fiat for PM's is to protect what I have.
Smart on you. I've gone on record I consider it "insurance". I'm blessed with my wife's assistance to be be essentially free of debt - and that is what I call "Freedom". I encourage one and all to have no debt on the books and doing everything I can to make this a reality for my children - who fortune has it will be abiding in the family home and help keep it going. Simple really - just keep it in the family. And we ain't got much but I discourage my children from going into debt - especially when they don't need to - cause we already got a place to keep in the family - so to speak. I mean a fella can dream......but silver stacked up - it is just insurance presently - if later it is actual currency then good on that - cause silver is real - fiat is obviously paper based and diminishing in value as I type this. You know - to the heart of the matter - silver and gold and platinum for that matter (been held down for some reason) have inherent value - fiat on the other hand is just good faith and trust - and lately those are both diminishing in front of our eyes - for good reason I reckon.
Warm Regards,
Ken
Gracious me - 100 is sort of a mental limit - it it is breeched then that is telling!
Well is been breeched. 100.52 as I type this.
While waiting for some fiberglass to cure... I decided to come home and check things out. I found a noteworthy article by Michael "Gloom & Doom" Snyder entitled "What Are They Not Telling Us". While I knew that the US Mint had suspended silver coin sales last week, I was unaware of why other than the presumption that they had run out of silver to mint. According to Michael it was to reset pricing... which under current 'market' conditions makes sense, however, rather than the customary exorbitant premium they have let the genie out of the bottle in that their price for Eagles is now $169. Yet silver is still dancing with $95-6. Those that are considering getting some silver probably need to pull the trigger and just do it. It's literally strategic... and spot price is spot price for bars, rounds, whatever, so long as it's been assayed.
Just checked MoneyMetals and they claim to have 'tons' so you can still get a 2025 Eagle for $110. There's my update. Back to the hangar for some more fiberglass fun.
You know it has only been recently I've come to appreciate use of fiberglass with proper epoxy - (resin & hardener). But I put up a couple carports and put some stakes in the ground with cement - but from an engineering standpoint - there was one place in assembly where just one screw was holding in it - so I wrapped said screw per the advice of my fine and wise neighbor - been through a lot of stuff! - to apply the fiberglass tape. And I did it. So test upcoming in some bad weather - but hells-bells it is windy around here all the time so many times - gusts able to lift carpet under the deck I say!
Those carports are built are ROCK solid - thanks to the fiberglass addition as suggested by my good neighbor.
Warm Regards and thanks for sharing your wisdom.
Ken
One last thing - the link from before was not what I thought it was - I posted an image from the link - from the US Mint - the price there now is $173.....go figure I reckon.....
Get this - I was going to go there to buy one for $169 for the hell of it - but prices seem to be coming down. Here is a link:
https://www.moneymetals.com/buy/silver/coins/united-states-mint-silver?utm_macro=nonbrand
~
In the article proper cause let me just inform you when it comes to silver I can be a bit testy - I'm gonna post an image from the link above. Cause that is the sort of fella I am - an arrow to the heart!
As I previously posted, they post "We have tons of silver available" so the dramatic increase from the mint shouldn't hit until they move the inventory. My experience(s) with MM have all been great. The seem to be trustworthy... to the extent that they wouldn't deviate from their business model so will sell what they have at spot plus premium and not attempt to cash-in on mint increases until they experience them.
No doubt on that - I mean the physical silver is either out there or it ain't - and evidence on that is forthcoming. But I don't think this situation is like when the Hunt Brothers tried to corner the market - falsely though more real - I think this is the outcome of paper pushers having their instruments put to to the test. So they either have the silver physical and real upon demand or they don't. If they don't the price goes up.
Simple supply and demand.
Makes me think of this song - like "what the fuck"
https://youtu.be/vZLd81IHGQw?list=RDd2uE4P3P5sI
Precisely.
So I went and confirmed yesterday - sure enough price from the US Mint is $169. Go Figure?
Then I often read articles from Seeking Alpha but I rarely login as I have not yet been banned from there yet! (ha, ha).
In one article I was allowed to read not logged in a commentor spoke about some of the rule changes "Besel" this or that - Basil 3 maybe? I can't remember. But anyhow apparently some of the rules around use of "paper with silver guarantees" are changing - and backup collateral demands rising - and makes me wonder - maybe that is why the spot price of silver has been increasing so rapidly - coupled with other factors not least of which supply has been behind demand for many years. Hells-bells - maybe that is why the rules were changed.
All I know is this - I sure as hell wouldn't want to be "short" silver just now - cause seems the price is projected to increase to lets say $169.
Time will tell.
I'm holding on to what I have on the books. That is like an arrow to the heart in my mind - especially the little bit I got as insurance on hand.
Warm Regards,
Ken
🦬
Basel III, and yes the rules were changed re 'backup collateral' resulting in significant improvements thereby de-legitimizing fractional reserve fraud. Can't say if that is the impetus for silver gains (who can?) but expect that it, along with a variety of insane shit that is occurring in the whirled, plays a part.
Moreover - "fractional" systems are most suspect - and this silver situation is evidence of that real world.
I'm keeping my eyes out for more info - but seems to me the price has been "set" and 169 or make that 173 for the time being. I really think the paper products have held silver in check and now all hell is breaking out - cause paper can only go so far when demand increases.
Haha, a good friend told me his dad said to him, "In 1913 an ounce of gold would buy you a nice suit... today, an ounce of gold will get you a nice suit."
What's paper silver worth? Zero.
So those been shorting silver for long years using "paper" to do it - seems to me they are fixing to learn a hard lesson - and let me say derivative fiscal instruments sold as "insurance" are hardly that if they back up paper silver not backed up - and that is simple math.
Derivatives... more imaginary shit. I expect the money-changers are scrambling to cover their soon to be realized losses. I read that JPM sold billions of worthless derivatives to the EU. Seems the only one at the table that doesn't know who the marks is... is the mark. Maybe soon it'll be raining bankers... again.
Fact of the matter is paper silver not backed up - is worth less than zero. Tis a liability.
Excellent info Dale. Most appreciated.
Now - with more funds I have to invest I have rolled the dice so to speak and invested in two entities that within their charter the say it is "rock solid" - they have the metal. So I hold them to that - and the bank that has my investment - best be true to their banking purpose - if they are not, then all bets are off - and get ready for pandemonium to ensue - cause it will and the bankers will get their due.
Here are the entities - PSLV and CEF - those are the symbols - any info you got on them would be appreciated - but for the time being - I take them at their word.
And I should add - I invested in this entity called RSX if memory serves - a fund based on Russian companies - and those funds were literally stolen from me - and I don't appreciate that one bit.
~
Here is more info on RSX - it was literally "stolen".
https://finance.yahoo.com/quote/RSX/
Been stacking for a long time. I have been laying in the weeds waiting for what we are beginning to see. Silver priced according to supply/demand rather that manipulated with paper. There are differing opinions with regard to paper/phyz ratio. Understandably so, since hypothecation has run amuck, but the number that sticks for me is 300 paper 'shares' per 1 oz. of actual. Equivalent to a casino... the house always wins. It really doesn't matter to us, but it matters to the banks that have manipulated the silver casino for decades. At some point, in the not too distant future, the 'shorts' will get their collective asses handed to them with margin calls. Silver is decoupling from the paper 'market' driven largely by supply (Peter Schiff claims annual silver production is 800 million ounces) and demand (the big banks like JP Morgan are buying phyz to hedge their short positions). Since demand is largely the reason physical silver is decoupling from paper creating a 'going exponential' rise in spot, it created a huge problem for the speculators which hold 4.4 billion ounces of worthless paper. Think about what would/will occur when the paper holders demand physical. The Exchanges (CME, LBMA) don't hold or have access to that much physical. Oh my.
So I would like to further reply to you that I got banned from Kitco around 2006 - I must of said something wrong on those forums - but through it all I defend silver.
And now a memory returns to me - it was the time I won the weekly guess - but damn I got banned - and that is that.
So, Kitco made that choice way back then - to ban my ass - a winner of one of their own competitions - and that is why Canada - the maple leaf has lost its way - being they ban a contributor who only contributed in good faith.
And the Joker Girl - she knows.
Haha... banned from Kitco. Many of us were banned from Zerohedge as well, for stating the obvious which in many instances doesn't meet the narrative. A certain decorum must be maintained to further the subjective objective. Silver is dancing around 96-97 now, in spite of efforts to constrain it, but the trend is the trend. Expect... know that there will be big swings. Gold at 4753... wants 5K. The whirled is attempting to maintain the status quo but the trend is for a 'breakout'. Interesting to watch from outside the box.
By the way - sorry if I came off "testy" in my last response....sometimes I just sort of get attitudinal. Maybe that is why they kicked my ass of Kitco!
As I've already gone on record - there is basically only 1 way I will remove somebody commenting in my Substack - and this is if they are evidently threatening to anybody else here posting - including me! Otherwise, I'm a full believer in "Freedom of Expression" on this forum.
Moreover, any comment I post that I edit here are elsewhere on Substack - the edit will be made within 24-hours, but if NOT I will highlight that.
So there you have it - the scoop on me - Ken Hausle, aka "Buffalo_Ken".
Regards Dale,
Ken
Please respond with more details - or at a minimum like my comment. If you don't like it - then refute it! I'm all for open discourse - and I want serious conversations about silver on this thread - so please - don't go posting here and then disappear - but you must know paper burns easy - and it basically disappears in contrast to silver physical - so don't be a stranger - and if you post a comment - respond to those take notice is my council.
Dale - thanks for sharing some insight. And I concur with your assessment as follows:
1. “Paper silver” fiscal instruments have been used to artificially suppress silver price - this has created distortions in the markets.
2. It was feasible to do this - and I put forth it has been ongoing for years - as long as silver production could satisfy industrial demand.
3. Industrial demand has been rapidly increasing in the last few years.
4. So - it boils down to simple supply and demand - and I think the “shorts” are screwed and this is only amplified by what you indicate if they are acquiring physical to offset paper silver short position.
That is a vicious circle - likely to trigger derivative instruments and potentially very destabilizing. Hells-bells - maybe that is the “plan”, but I’m glad I have a small stash - I consider it insurance.
Thanks for posting.
Ken
Hi Ken, long time no talk. I’ve been stacking four years in February. I think since the gold to ratio has been so unbalanced and extreme the last few years, silver has been depressed from all the paper contracts and shorts and now the physical shortages are showing up, further driving up the price. It’s in huge demand in industries like AI, solar panels, EVS and pretty much every type of industry since it’s the most conductive metal. The public has just started to catch on to its worth…that’s probably a little late, but better late than never. I have tried, but haven’t managed to convince anyone to buy.
(Edited - ! - in time recent)
I hope you don't mind, but I'm sort of so happy to see you here posting - it makes me want to share more details.
So in the image above are the four aces and the Joker Girl! I got them at Kitco!
Here is a link - but only available in Canada I think:
https://online.kitco.com/buy/779N/10-oz-Silver-Bar-Five-Piece-Set-4-Aces-Joker-Girl-779N
I'll tell you this - I paid a hell lot less for this than it is priced NOW - but at the time I paid a premium over spot - much more than I ever usually would do - cause that is a "bit of a scam" - but I just can't resist that Joker Girl - with the Aces on her sides!
Ha, ha.
Peace!
Ken
ps - it was apparently the first printing by Kitco-affiliated entity that had color in it - you see her shoes don't ya! The rest of the color in the image is but a reflection - mostly of the red shirt I'm wearing! Silver - it is so reflective - #47 on the table.
Well said Fizzy!
Good to read your thoughts.
Happy 2026 for you - and seems you planned in advance. So have I!
~
So - as you say - "silver has been depressed" - and unfortunately the "shorts" might be about to have their pants taken away! Cause you can't keep silver down forever - paper only goes so far I say!
~
Best to you - fine comment.
Ken
So I place a hedged bet - tomorrow - February 16th 2026 - when the markets come awake silver will be higher priced in value - I got hedges on this - but place your bets!
In the "long run" getting shorter - supply and demand rules the roost.
Place your bets.
My bet is already placed - that is the beauty of it.
https://www.youtube.com/watch?v=Vpv8vaq583w
BK, 21526 1608
I saw in a dream a table where all elements fell into place as required. Awakening, I immediately wrote it down on a piece of paper, only in one place did a correction later seem necessary.
— Mendeleev, as quoted by Inostrantzev[33][34]
Well - where is the place Mendeleev - you Russian genius?
So in the chart above - just presented - I mean "what the eff" - it suggests a big movement in silver markets - and get ready cause silver is a commodity most important.
So - if you haven't read this yet - I encourage you to read it:
https://no01.substack.com/cp/185980275
Silver spot now as I type this is:
112.73 kind readers.
https://seekingalpha.com/symbol/XAGUSD%3ACUR
I expect the price of silver to drop back to about well - lets say 80 or so....but fact of the matter is supply is not meeting demand - and paper can be used to stifle but the cat is out of the bag and long term silver has value - tis the metal of Kings for Christ's sake.
So - don't invest in it - it is not meant for that - it is a commodity - it is a product of value - it has inherent value - and no paper can hold it down - let it find its value - and those been shorting it for years on end made their profits - but now they will have losses - cause the price has gone up and it ain't going back down to where it was falsely held in prison.
DUH!
With that said the price of a 1 ounce troy coin from the US mint is $173 - so go figure that.
The firing of McDermott is the act of a women vengeful - place your bets.
The price of spot silver is only going to increase - place your bets.
Spiteful women cause way more harm then good - no need to place a bet on that - tis proven.
Tis best to avoid a spiteful women - cause know this the wrath of women scorned is overwhelming.
The Bills didn't get what they deserved - but such is life - the ownership just fired the best coach out there - so let them reap what they sow and frankly who gives a shit about the NFL and stupid games and if fans stop going to the games - rigged they are now seems evident (place your bets) - then the owners will be sitting upon "sunk costs" - and the players will just have to find other jobs. So lucky for the players already got their millions for their athletic ability - but meanwhile so many suffer while the price of silver just keeps increasing.
Go figure - and fuck the NFL.
I would like to go on record I think Josh Allen should just retire. He has a beautiful wonderful fairly recent wife - and they ought just enjoy time together. Why not and how much do you really need.
Moreover - I think Shawn McDermitt should likewise:
There is no public information linking a person named Shawn McDermitt to the Buffalo Bills. The head coach of the Buffalo Bills, Sean McDermott, was fired on January 19, 2026, following the team’s playoff loss to the Denver Broncos. The decision came after a controversial overtime interception call that many believed cost the Bills a chance to advance. Multiple sources indicate that the team’s ownership, led by Terry and Kim Pegula, opted to move forward with General Manager Brandon Beane in a newly expanded role as president, signaling a shift in leadership and vision. The Bills will now begin their search for a new head coach.
~
Oh great - that proves it - the owner of the Buffalo Bills is a traitor - no doubt on that - and his daughter likewise - his wife as well.
~
Better times beckon - Tra'Davious White knows as he throws his helmet down - and Josh Allen - my council is you ought retire just now. Fuck it - you got plenty - and really - tis all rigged.
Off-topic, but I'm a big Buffalo Bills fan - no so much the NFL and the refs - and I want to send a salute to Tre'Davious White - god bless him for throwing his helmet upon the ground right in front of the damn ref - effed up the game for the Bills.
Oh well - Buffalo fans know about it - we are used to it. It made no difference - but it sent a message.
God Bless you Tre'Davious White.
BK