/biz/ - Business & Finance

>>30177498

>https://www.zerohedge.com/commodities/twilight-zone-etf-provider-warns-buying-silver-will-harm-hedge-funds-and-large-banks
Seems this post was genuine? Ed Steer is saying the same thing today:
https://palisadesradio.ca/ed-steer-silver-price-is-about-to-blow-sky-high/
"Thousands of traders use the Comex markets, but eight large investment banks control more than half of the paper metals market. These big players are short 412 million ounces of silver, and it’s them versus the world. The thousands of other traders are entirely net-long as they understand this scheme is ending. If these large players were to let silver go, the price would rapidly become a sizeable three-digit number.

He feels these investment banks were caught completely flat-footed by the actions in the market in recent weeks. They have been forced to double down on their shorts to keep the market suppressed. Ed says, “Right now, these guys are fighting for their lives.”

Ed cautions, “Things are now in motion that can’t be undone. It’s going to be like the long-term capital management collapse we’re talking trillions, not billions… Hopefully, there is a world left to survive in once this is all over.”"

>>28960088
>I market bought bhs, am I going to make it
Yes but don't panic if it goes down tomorrow.