Member Info for Max111

The big difference between last #silversqueeze and now is that before the Fed was about to embark on QT = Taper Talk, Tapering then aggressively raising rates causing the DXY Dollar to rise to its highest level in 2 decades! Now it's the opposite. Dollar has a very long way to go down.
Plus because of the #silversqueeze movement COMEX is now very dry.
"Since then, over 120 MILLION ounces, constituting over 30 PERCENT of that total, have been withdrawn from the exchange."
https://twitter.com/mikesay98/status/1641525479864926213

Anglo signs another green steel deal involving South African iron-ore
https://www.miningweekly.com/article/anglo-signs-another-green-steel-deal-involving-south-african-iron-ore-2023-04-04

Green Steel requires premium quality Iron Ore + Green Hydrogen (PGM metals) hence why Anglo American wants of UFO's Premium DSO for at least 3years.

The last attempt to break $30 was on #silversqueeze and UFO was the best performer on the London market and SP doubled within just 3 trading days (hitting 1.60p). They even wrote about it in The Times newspaper.

I do find it funny how the non-shareholders say that Silver making a significant move up won't make UFO go up, even though they and 99.9% of UFO investors (including myself) invested for silver! LOL

Some people getting worried now! Very good sign :)))

UFO's is actually far more advanced than many other juniors on SILJ.
It usually takes 5-7 to bring a silver project online and that's if it ever gets permitted.
UFO already has a Mining Lease in place and:
"Alien has erected headframes over both existing shafts and has purchased necessary equipment for dewatering, camp construction and mine re-opening"
https://www.alienmetals.uk/project/silver-elizabeth-hill/

Once silver breaks out, an incredible amount of money will be thrown at UFO with people wanting to get exposure, allocation and leverage to silver. The market will dictate.

"Silver is at a critical juncture again.
After 5 different attempts, this long technical resistance looks ready to be broken.
Ultimately, I believe the metal is headed significantly higher."
https://twitter.com/TaviCosta/status/1643110023571345408

"Silver is at a critical juncture again.
After 5 different attempts, this long technical resistance looks ready to be broken.
Ultimately, I believe the metal is headed significantly higher."
https://twitter.com/TaviCosta/status/1643110023571345408

These Gold & Silver Stats Will Blow Your Mind:
https://youtube.com/shorts/u_DTw3xkCdA

Thankfully UFO is the only silver junior play on LSE, giving you maximum leverage on the London market for the silver bull run which is finally just about to start.

@Bob, once silver goes up another dollar, you will start seeing the herd (general retail investors who buy shares through their high-street bank account). They generally don't know what RNS's are. Its a fact. They just want to invest in a junior silver play. Then you will see UFO rocket towards fair value. "LTH Traders" need to factor this in and get back in asap.
Going to get very exciting here. You will see for yourself.

It's interesting how the "LTH Traders" here are investing for an "RNS" but the general retail investors don't even know what an "RNS" is!
Sector is key and it's turning in favour of UFO.

Yep, they had a little wobble as DXY filled the gap above. Now DXY back down and silver moving back up.

This week we have seen the following:
https://twitter.com/GoldTelegraph_/status/1642199840447778817

#Gold and #Silver breakout VERY CLOSE now...
https://twitter.com/badcharts1/status/1641767461807693825

You must be mad to short silver & gold now.

Once silver goes up another dollar every man and his dog will be looking to get exposure to silver.
Silver space is tiny. The mints will sell out of silver. Only 2 silver plays on LSE - Largecap FRES (which is difficult to multibag) or UFO which doubled within 3 trading days on last #silversqueeze.

"LTH Traders" who have gone short UFO (sold to try to buy back cheaper) have got v limited time. Just 10M shares (ie 1 person's holding) will make UFO rocket.

Silver Prices Rise, Prices Trade At A 7-Week High : Tracking The Reasons Behind The Surge:
https://www.youtube.com/watch?v=8hb-jWj-iaI

Inventories with COMEX, LBMA under pressure. Lowest in last decade (2 decade low with LBMA)!
Indian demand from investment, industry, jewellery, silverware all expected to go UP!

I'm not Russian, but I doubt the Russian Federation will collapse since their economy is doing a lot better than ours.

Is the world saying goodbye to #dollar hegemony? More countries turn to #yuan for trade:
https://twitter.com/globaltimesnews/status/1641455244793053185

All about trade. Saudi's trade with China has surpassed EU + US combined!

So what will hold up the price of the dollar? What is the intrinsic value of many more trillions of digitally printed dollars?
A silver dollar coin used to contain 0.7735 troy ounces of pure silver. What does it contain now?

I don't want the dollar to collapse, but need to position for it since it's inevitable.

All of the global four iron ore miners (Brazil's Vale, Australia's BHP, FMG and Rio Tinto) have now begun using yuan as a settlement currency.

"China on Tuesday completed its first purchase of liquefied natural gas (LNG) using cross-border yuan settlement. It comes amid rising acceptance of the yuan in the international market."
https://www.globaltimes.cn/page/202303/1288160.shtml

Kenya signs deal with Saudi Arabia and UAE to buy oil with Kenyan shillings instead of US dollars.
Earlier, President of Kenya had told the citizens to get rid of US dollars if they had them.
https://twitter.com/MeghUpdates/status/1640303645010071552

The Association of Southeast Asian Nations (ASEAN) is set to discuss dropping the US dollar, euro, yen and pound sterling from transactions and moving to settlements in local currencies, according to the news magazine Tempo.
https://www.malaysiasun.com/news/273684119/asean-looking-to-dump-dollar-and-euro-media

A lot happened this week.
Once dollar starts to drop significantly dedollarisation will intensify.
They printed 40% of all dollars in 2020, and now they will have to print even more.

We are now in a very different situation to before when Fed was doing QT and raising rates causing commodities to move down very easily.
Now the opposite is happening. QE is fully back = Fed added $300bn to balance sheet, and just recently added another $94bn and will keep adding.

Plus we have massive dedollarisation shifts taking place.

Iron Ore priced in dollars is now over $130/t on DCE. Need to get rid of digitally printed fiat.

The "LTH Traders" that are not positioned need to hurry up.

Yes AJ. It is almost Easter time :)

Someone on here recently said "Silver is dead" LOL
When you hear that, you want to get as much leverage as you can to it.

Primary silver mines are very rare.
UFO 100% owns Australia's highest-grade primary silver mine with Mining Lease giving you maximum leverage on LSE.
The herd will come. Just a matter of time.