/biz/ - Business & Finance

>>27124487
Craig Hemke too
https://www.tfmetalsreport.com/blog/10665/comex-silver-and-reddit

>I don't think it's likely that a grass roots level buying of Comex contracts is going to be successful in squeezing The Banks.

>However, if [Reddit] ... is PERSISTENT and PATIENT enough, they may be able to set off a virtuous cycle of higher momentum that eventually gets price feeding on itself.

>What do I mean? Well, the first step is to close above $27.30 on a weekly basis. This seems possible today. However, if price can close above $28.04, then we'll have the highest weekly close IN EIGHT YEARS. This would be a significant event to the crowd of Large Specs and hedge funds that typically trade Comex silver futures.