I invested in some physical silver at about $16 when i first started prepping, now it's pushing $30 and you can't get it
I hope you guys have done the same, because it probably is about go the way of .223 ammo
the rebel alliance that imploded some of the big hedge funds last week have now turned their attention to silver, which is HUGELY manipulated.
first a bit on the heggies: (couldn't happen to more deserving class of leaches who produce not one thing of use in the real economy)
"Melvin Capital lost 53% in January, as Gabe Plotkin (a former SAC Portfolio Manager), lost over $5.3 billion in one month. In dollar terms, it means that Melvin lost over a whopping $7 billion in just one week thanks to r/wallstreetbets."
and now the next big thing (target) - silver & the BIG brokerages / market makers
I think it is game on already, I did a quick check of several places where you can buy actual physical silver and every one is totally and completely sold out of physical silver of any shape or size. Read on because this is part of the strategy.
Just like the rebel alliance discovered that there were more shares sold short (not possible if the regulators were on the job),so they rightly surmised that these stocks (GameStop, AMC,etc) were ripe for a short squeeze and they pulled it off.
Now having tested their strategy, organization, and communications on a small thinly traded stock for practice crushing Melvin Capital (and others), they now have in their sights the death star - J.P. Morgan.
gonna be fun to watch
this guy seems to be one of the leaders of the rebel alliance silver caper:
and another lays out the strategySilver Bullion Market is one of the most manipulated on earth. Any short squeeze in silver paper shorts would be EPIC. We know billion banks are manipulating gold and silver to cover real inflation.
Both the industrial case and monetary case, debt printing has never been more favorable for the No. 1 inflation hedge Silver.
Inflation adjusted Silver should be at 1000$ instead of 25$.
Why not squeeze $SLV to real physical price.
Think about the Gainz. If you don't care about the gains, think about the banks like JP MORGAN you'd be destroying along the way.
Edit 1: ALL IN ON $AG. LETS GET THE MINERS.
Edit: $AG UP 40% PM.
here's what the silver dealers think - title of this article is "Everyone is Afraid Ahead of the Open" (Monday 2/1/21)The silver futures market has oscillated between having roughly 100-1 and 500-1 ratio of paper traded silver to physical silver, but lets call it 250-1 for now. This means that for every 250 ounces in open interest in the futures market, only 1 actually gets delivered. Most traders would rather settle with cash rather than take delivery of thousands of ounces of silver and have to figure out to store and transport it in the future.
The people naked shorting silver via the futures markets are a couple of large banks and making them pay dearly for their over leveraged naked shorts would be incredible. It's not Melvin capital on the other side of this trade, its JP Morgan. Time to get some payback for the bailouts and manipulation they've done for decades (look up silver manipulation fines that JPM has paid over the years).
The way the squeeze could occur is by forcing a much higher percentage of the futures contracts to actually deliver physical silver. There is very little silver in the COMEX vaults or available to actually be use to deliver, and if they have to start buying en masse on the open market they will drive the price massively higher. There is no way to magically create more physical silver in the world that is ready to be delivered. With a stock you can eventually just issue more shares if the price rises too much, but this simply isn't the case here. The futures market is kind of the wild west of the financial world. Real commodities are being traded, and if you are short, you literally have to deliver thousands of ounces of silver per contract if the holder on the other side demands it. If you remember oil going negative back in May, that was possible because futures are allowed to trade to their true value. They aren't halted and that's what will make this so fun when the true squeeze happens.
https://www.zerohedge.com/markets/re...squeeze-silver