/biz/ - Business & Finance

I have a question about the silver squeeze. Something I've been thinking about..

If it indeed happens, won't it only be the physical silver that explodes in price? This whole thing is bound up on the fact that bankers short their own paper silver (ETFs), so why would anyone buy them and not sell them, making the paper silver drop hard, while physical silver goes the other way?

And in case it happens, won't the banks just win, since they're shorting paper silver?

I'm sorry, but this silver push I'm seeing right now seems absolutely forced. I'm sure the price is manipulated to some degree, but this absolutely seems like a scheme from some of the banks and hedge funds to recoup losses from this last week. Im actually shocked how many of these stupid stock schemes I'm seeing all over the place. Even my coworker who has never talked stock in their lives is now out there buying up random shit they're seeing on reddit and getting absolutely dumped on. But silver, precious metals are something that boomers and banks shill constantly, how the fuck is this not a blatant scam by wall street?

where do I buy this? Canadian

Are there any better options out there? (Besides physical ofc). ETFs, miners, whatever

Drop em if you got em