Silver Thread: what is really going on

JPM stocked their silver in Comex in 2011 when it was at $50...

5min browsing of /wallstreetbets and you realize that literaly no one on Reddit is buying silber.

Yep, the economic collapse is coming along just fine

JPM should open a retail bank/shop. Exchange of metal and services to the public.

Fair exchange of course. Low fees. Better than a pawn shop or dealers online.

5min browsing of /wallstreetbets and you realize that literaly no one on Reddit is buying silber.

This is a thread to explain what the goal of the redditors is.

Silver is a hard asset, meaning it is real and tangible. it cant be created out of thin air, like cryptos or stock and bonds.

Therefore how a short squeeze works, is different from a stock.

many people have said it is trap, or citadel is recouping loses, etc. etc. etc. This isnt true.

you have to remember that silver is real and physical. keep that in your mind.

when you buy a coin from a silver dealer you are paying a premium to have it in your hand right now. so if the spot price is $25, you might pay $30 and you get the bonus of leaving with it right now. But, you buying it right now, depletes the REAL physical supply.

SLV is an ETF for FUTURE delivery (30 days from today). that means they have to have the PHYSICAL to match every contract bought. Because if you want to take delivery of the actual metal they have to have it available. THIS is the catch. most of the time the SLV doesnt have the actual metal. They have to go buy it from someone to match the number of contracts. So 30 days from now when people want their metal if the SLV doesnt have it. one of a few of things will happen...

1. they will bid the price up until someone sells the metal to them (moon shot silver)
2. they will fold like a cheap suit because they cant get the metal
3. they will cash out in dollars to anyone holding a contract.

the last 2 basically end the system

Either way buying an actual coin at a shop or buying SLV will eat up all of the available supply putting the big boys in a HUGE bind. But we won't find any of this out until the next delivery date.

I smell an overhaul of the whole system coming.

Great reset strikes in many ways.

Doesnt short betting cause straight up corruption? I mean you bet against and then attack... bringing about the scenario you desire. Problem, reaction, solution at its finest.

agree.

agree.