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406
My first meme... (media.greatawakening.win)
posted 3 years ago by 50shousewife 3 years ago by 50shousewife +409 / -3
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– Heldiggrisen 4 points 3 years ago +4 / -0

Most silver is not able to trade, as it’s bound up in cables, electronics, cars etc. Solar panels have about a third of an ounce each, a Tesla a few hundred. Around 18 million ounces are mined every year, and there are like a billion derivatives sold. Silver used to be 1:10th of the price of gold, now it’s about 1:100th.

Silver is highly underpriced because of banks and hedgies are shorting it.

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– 50shousewife [S] 2 points 3 years ago +2 / -0

Good to know, thank you!

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– GreatCrusader 1 point 3 years ago +1 / -0

Can you link to something supporting these claims about hedgies shorting? Looks to me Morgan Stanley, BOA, UBS, Wells Fargo, and last but not least CITADEL are the top 5 owners of SLV. Please help me understand. Why is WSB not on board with this, and how will this be a success w/o them?

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