My first meme...
(media.greatawakening.win)
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Honestly I think it’s harder to hold silver because they can just produce more, vs a stock like GameStop where there is only so much of it.
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.
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?