/biz/ - Business & Finance

>>27266738
>>27277998
They have a net short position, so it'd destroy them. Significantly more than all the physical silver they have vaulted is owned on paper by someone else.

>>27267343
It's too big for you to squeeze, goyim
>up 20% after hours
OY VEY

>>27187837

No, because we can't take delivery of SLV or even audit it. So no matter how many shares we buy it doesn't hurt the bankers. They can simply keep dumping an infinite amount of paper on our heads. See >>27187537.

>>27182604

GME was 140% short; owing to the big 8 banks, silver is 50,000% short. If we go on with this manipulated silver price for a few more years then silver (which is essential for modern life) is simply going to disappear. We need a silver squeeze to save mankind from entering into a new Dark Age. All the high-grade deposits are pretty much gone (source: mining insiders in Chris Marcus's book The Big Silver Short) and we have virtually no stockpiles (governments have only 3 weeks' mine supply). There are only about 100 million ounces mined per year for investment, which is less than $3 billion market cap. Less than Gamestop was before it mooned. Only 1/200th that of BTC. There is only 2 times as much silver above-ground as there is gold. Silver is so rare that owning 60 ounces ($1500) puts you in the top 1% of owners. Owning 30 ounces of gold ($55,000) puts you in the top 1% of gold-owners. Gold is also mined at a mere 1:8 ratio with silver. Yet the GSR is 1:70. The historical average is 1:15: some say 1:10. Historical wages for silver (1/10th of an ounce per day) and John Williams' ShadowStats show us that a fair price for silver would be $1000 an ounce.

I think if reddit and 4chan bought up the silver we can push it to $60 or a bit higher. The problem is silver is so wide spread everyone and their cousin already has some. These people outside of our hive mind will not hold and just dump as much as they can without any hesitation, nullifying all of our efforts holding.

Max Keiser is returning to his roots. 15x for silver is pretty conservative though.

Here you go OP