The mother of all short squeezes

[annonentity]

It looks like their is a massive short squeeze on Silver, the too big to fail bankers have sold far more silver than there is in the world, it was a beautiful system until now where they could keep the price down by shorting it. But something seems to have gone wrong where the price will not go down , as other big players smell blood and are buying the physical commodity from the  London Bullion market and the COMEX, which in the contract they can stand for delivery , but the reality it they have sold more paper silver than they have got, which is like reserve banking. If they shorted it at forty dollars an ounce  and it goes to fifty, they have to buy at fifty and make a loss. But it looks like the damage has been done. The reality is that silver is essential for the new electronic world so in the near future they will probably try to ban it like they did before. Here is an interesting take on what is occurring which could well be the catalyst which wrecks the banks and ushering the new world order.  Silver Squeeze is going to be the mother of all short squeezes - YouTube

[IDELB2006]

It looks like their is a massive short squeeze on Silver, the too big to fail bankers have sold far more silver than there is in the world, it was a beautiful system until now where they could keep the price down by shorting it. But something seems to have gone wrong where the price will not go down , as other big players smell blood and are buying the physical commodity from the  London Bullion market and the COMEX, which in the contract they can stand for delivery , but the reality it they have sold more paper silver than they have got, which is like reserve banking. If they shorted it at forty dollars an ounce  and it goes to fifty, they have to buy at fifty and make a loss. But it looks like the damage has been done. The reality is that silver is essential for the new electronic world so in the near future they will probably try to ban it like they did before. Here is an interesting take on what is occurring which could well be the catalyst which wrecks the banks and ushering the new world order.  Silver Squeeze is going to be the mother of all short squeezes - YouTube

I see this was tried and failed in 2021 after the success with gamestop. It will be interesting to keep an eye on. 

Are you seeing any factors that could drive the prices up? Such as a spike in demand, or a drop in supply?
Are you investing in silver?

[andy06shake]

It looks like their is a massive short squeeze on Silver, the too big to fail bankers have sold far more silver than there is in the world, it was a beautiful system until now where they could keep the price down by shorting it. But something seems to have gone wrong where the price will not go down , as other big players smell blood and are buying the physical commodity from the  London Bullion market and the COMEX, which in the contract they can stand for delivery , but the reality it they have sold more paper silver than they have got, which is like reserve banking. If they shorted it at forty dollars an ounce  and it goes to fifty, they have to buy at fifty and make a loss. But it looks like the damage has been done. The reality is that silver is essential for the new electronic world so in the near future they will probably try to ban it like they did before. Here is an interesting take on what is occurring which could well be the catalyst which wrecks the banks and ushering the new world order.  Silver Squeeze is going to be the mother of all short squeezes - YouTube

I mean, there are legitimate supply/demand tensions and squeeze risk.

But the doomsday version(ban + immediate collapse/new world order) is somewhat speculative to say the least.

All this waiting for the sky to fall annonentity....

[quintessentone]

I thought this is what they have always been doing with gold and silver, to me, it is no difference than selling Cryptocurrency or BitCoins, which also don't exist. Wasn't there a conspiracy theory a long time ago where some said there was no gold in Fort Knox? Is there gold in Fort Knox and did Trump give Germany's gold back to them?

[annonentity]

Yes I bought a load about six years back, I had to drive three hours each way, It was one of those moments that seemed to say just do it. I could see that supply would not meet demand at some time in the future. I wasn't too greedy just stacked a few kilo bars with some spare cash. Now Trumps declared it a strategic metal, probably for missile guidance systems. But the new Sony battery has quite a bit in it as well. I am not getting excited yet but it is satisfying to watch fiat buy less as silver buys more. As it sort of backed my hunch back then.
 Like the man says, it is a small market but now big players are moving in and the physical supply will be limited , I thought if it went pear shape I could always make some jewelry out of it. 
 Like most commodities it should have kept pace with inflation, the fact that it hadn't made me think why not? then after a bit of investigation it looked like the Banks were using it to make money by buying and shorting which as far as the potential stacker was concerned was a gift in disguise because no way should it have been that cheap.
 Even now its not the average joe buying it, he is probably tapped out, its the big boys smelling blood. But what the Governments are going to do is anybody's guess. As we speak the paper ETF's massivly outstrip the available silver as more call for physical delivery.

[annonentity]

Yes I bought a load about six years back, I had to drive three hours each way, It was one of those moments that seemed to say just do it. I could see that supply would not meet demand at some time in the future. I wasn't too greedy just stacked a few kilo bars with some spare cash. Now Trumps declared it a strategic metal, probably for missile guidance systems. But the new Sony battery has quite a bit in it as well. I am not getting excited yet but it is satisfying to watch fiat buy less as silver buys more. As it sort of backed my hunch back then.
 Like the man says, it is a small market but now big players are moving in and the physical supply will be limited , I thought if it went pear shape I could always make some jewelry out of it. 
 Like most commodities it should have kept pace with inflation, the fact that it hadn't made me think why not? then after a bit of investigation it looked like the Banks were using it to make money by buying and shorting which as far as the potential stacker was concerned was a gift in disguise because no way should it have been that cheap.
 Even now its not the average joe buying it, he is probably tapped out, its the big boys smelling blood. But what the Governments are going to do is anybody's guess. As we speak the paper ETF's massively outstrip the available silver as more call for physical delivery.

[argentus]

This has always been the reason why people who wished to invest in precious metals should opt for physical silver/gold/platinum/palladium as opposed to gold "futures".    I have relatives who bought Krugerrands decades ago and buried them in various "safe" containers and places.   They will probably be the result of an architectural dig hundreds of years from now.  

I think that if TSHTF, precious metals won't hold their value, because it will be goods like ammunition, and salt, and alcohol and tobacco that will have a good trade value.  Of course, TSHTF is only 50% likely according to my random percentage generator.

[annonentity]

Here is a good analysis of what is happening , on the 25th the decision on whether to make it a strategic metal will be taken. It looks like it will go ahead and will require a national stockpile. The question being where the stockpile will come from yearly mining is taken care of with industry eating it up.
 Andy can call me a doom and gloomer but it is better to be five minutes early when the SHTF than five minutes late, and the difference between surviving and going under is good information. Huge News! Prepare for the BIGGEST Silver BULL RUN in History – Clive Thompson

  As a basic analogy if there was say a famine, a guy with good information can take a wonder through a park and come back with a meal. On the other hand, a person who does not have that information would starve. It is that simple. Like If you know how to prepare say acorns you will live, if you don't etc.

[SomeStupidName]

The administration never did go audit Ft. Knox. Remember how crazy certain officials got over that? I bet it's empty.

[Maxmars]

Unchecked, fully empowered and considered thinking went into the decision to allow and even promote "speculation"... in a game where the bank owns everything... they couldn't lose.

Now we see, the magic was selling what they did not "have."

But they fixed it...
this is the fix...
(to the problem they created)...
pay them more...
"give us more"...
or we'll just take it.

The spontaneous absorption of the 'crypto' game gave them the leeway to "correct" that "we never had the assets to support the casino"... now they will...

Handing the world to bankers may have been among the few pinnacle mistakes societies all agreed to.

The Silver industry cannot support the "need" of the bank at all... it will take a generation to "balance" the deficit the banks themselves 'created' along with their 'blessed' mandate.

Too bad we have no idea "who" the bank actually "is."