Clive Thompson, on another walk in his Swiss Alpine hideout, confirms that the Comex engineered a sell-off in Silver by raising margin requirements by a little over 13% which requires paper longs to either fund their account with extra cash or sell some of their positions (an underhanded margin call).

Also, Clive can't confirm, but has heard of possible position limits restricting the amount of long positions traders can open (similar move to GameStop, and very similar to the 1980 Silver rule changes)... but the position limits are still just a rumor until confirmed.

t.me/SilverStackersSS

@SilverStackersSS when the IRS sends a few of those 87,000 new agents out to the Ted shed asking about "unrealized capital gains" on the buried ammo cans full of silver which may or may not even exist.

Weak hands getting cleared out

Stackers still winning

Uh-oh BRICS bros... what happened to "tHe DoLLaR iS dEaD" ?

The Iranian Rial is now over 1.4 million to 1 US Dollar.

In 2015 when monkey Obama lifted sanctions it was 32,000 Iranian Rial to 1 USD... that's a rate of doubling roughly every two years... i.e. super-inflation on the verge of hyperinflation.

All fiat currency is trash,  but some is more trash than others.

Read article here

@SilverStackers

It's a very sad state of affairs that two of the largest proven oil nations on earth, Venezuela and Iran can't stabilize their domestic currency despite having nuclear powers like China and Russia shilling for them.

But this visual should put some things into perspective.

Notice that Europe has practically zero oil reserves, which gives countries like Russia strong incentive to establish and maintain an energy monopoly over supplies into Europe, and by extension a defacto veto power in European politics.

Likewise, China has relatively low reserves compared to it's industrial demand, and is therefore wholly reliant on imports, a key vulnerability that sends the CCP on risky missions to create corridors through Pakistan, Myanmar, and possibly attack Taiwan to gain unfettered access into the world's oceans.

Venezuela is low hanging fruit, physically removed from it's communist supporters in China and Russia; and it increasingly appears that the US will reassert a dominant role in the extraction and distribution of Venezuelan energy exports in the near future.

Canada is a major energy producer with a convenient consumer market right on it's border, adding long-term stability to the North American energy market, impervious to embargo or blockade.

World energy markets are infinitely complex, and most countries (especially those with too much or too little energy reserves) struggle to solve geographical problems... and in any scenario it's hard to envision a world where the nons are able to successfully dethrone North America and it's allies in Europe, Australia, etc given the current geographic and demographic limitations faced by China, Russia, and their supposed allies.

This is good news for Stackers living in White Western nations, who should be able to maintain a stronger purchasing power relative to other countries for the foreseeable future, and can acquire amounts of physical Silver that third world nons can only dream of.

t.me/SilverStackersSS

Silver is forming a bull pendant after the recent pullback from all-time highs, with a key support level at about $70.50 and a breakout expected to the upside in the first week of January.

Higher Silver prices are all but guaranteed with the Fed starting up QE again, geopolitical rivals around the world scrambling to secure physical commodities for industrial and military needs, and an ongoing short squeeze as the century-long suppression scheme slowly unravels.

Ideally this pullback/consolidation period would last a few months before moving higher; but the market might not have patience for that.

t.me/SilverStackersSS