I don't know what I'm talking about, but it seems like the theory is that the hedge funds own a lot of silver and they're trying to hype it up as the next GME, falsely claiming that the hedge funds are short on silver. If they can get folk to sell GME to buy silver, then the cost of GME goes down and the cost of silver goes up, and both of those are good for the hedge funds.
JP Morgan owns 50% of all physical silver in the world, so yes, the banks do want you to buy it. Why do they hold so much silver? Because they foresaw what is happening and hedging their bets.
I am aware of JP Morgan's large silver holding, but is it known how much is theirs and how much is being held by them for their clients? I'm not saying you are wrong, just trying to get as much information as possible.
SILVER - COMMODITY EXCHANGE INC. Code-084691
Disaggregated Commitments of Traders - Futures Only, January 26, 2021
: : Reportable Positions : Nonreportable
: : Producer/Merchant/ : : : : Positions
: Open : Processor/User : Swap Dealers : Managed Money : Other Reportables :
: Interest : Long : Short : Long : Short :Spreading : Long : Short :Spreading : Long : Short :Spreading : Long : Short
Patriots please understand GME is the only game in town right now, The hedgefund boys want all attention away from the real game which is GME, They have lost 20 BILLION and the real cost could hit the moon. They shorted a stock over the 100% mark, best guess is at 121% naked short. These short positions are coming due the next few weeks. BUY GME if you like the stock, or watching billionaires cry, you most likely will loose your money, this is principle.. its a naked short... its illegal... ok if you're a billionaire... illegal if you're a regular person.. to hell with the political and 1% class (I am not a financial adviser and mildly retarded)
GME, DIAMOND HANDS< SILVER=LARP 2/3 worlds silver is in reserves, a moon shot squeeze isn't possible, <not a financial adviser, mildly retarded.. do some fucking research...
Do not buy silver, it's the hedge funds hedging on people to do this
I'm curious about this. Do you have any links/data supporting this?
I don't know what I'm talking about, but it seems like the theory is that the hedge funds own a lot of silver and they're trying to hype it up as the next GME, falsely claiming that the hedge funds are short on silver. If they can get folk to sell GME to buy silver, then the cost of GME goes down and the cost of silver goes up, and both of those are good for the hedge funds.
it's old news, it's been rigged for the longest time, there have been lawsuits over it since 10 years ago
look for commitment of traders COT on Silver (SI) March SIH1 Comex.
commercials are the miners they are always short
large speculators are the hedge funds
small speculators are the more retail guys
do not buy silver and buy into their scheme
Who's scheme? Are you saying the banks want the general public buying silver?
JP Morgan owns 50% of all physical silver in the world, so yes, the banks do want you to buy it. Why do they hold so much silver? Because they foresaw what is happening and hedging their bets.
I am aware of JP Morgan's large silver holding, but is it known how much is theirs and how much is being held by them for their clients? I'm not saying you are wrong, just trying to get as much information as possible.
https://www.cftc.gov/MarketReports/CommitmentsofTraders/index.htm
So what numbers do you look at that show outrageous short interest?
At the top left I see "59,931 short" and "7,023 long", but looking at the other commodities in the list, this ratio doesn't look unusual.
SILVER - COMMODITY EXCHANGE INC. Code-084691 Disaggregated Commitments of Traders - Futures Only, January 26, 2021
All : 167,880: 7,023 59,931 30,621 51,125 3,491 66,111 23,113 3,553 18,333 6,871 10,404: 28,344 9,392 Old : 167,880: 7,023 59,931 30,621 51,125 3,491 66,111 23,113 3,553 18,333 6,871 10,404: 28,344 9,392 Other: 0: 0 0 0 0 0 0 0 0 0 0 0: 0 0 : : : : : Changes in Commitments from: January 19, 2021 : : 984: -44 2,378 -13 661 83 323 -2,513 1,013 112 490 -927: 437 -201 : : : : : Percent of Open Interest Represented by Each Category of Trader : All : 100.0: 4.2 35.7 18.2 30.5 2.1 39.4 13.8 2.1 10.9 4.1 6.2: 16.9 5.6 Old : 100.0: 4.2 35.7 18.2 30.5 2.1 39.4 13.8 2.1 10.9 4.1 6.2: 16.9 5.6 Other: 100.0: 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0: 0.0 0.0 : : : : : Number of Traders in Each Category : All : 210: 10 24 17 21 14 54 12 18 45 25 25: Old : 210: 10 24 17 21 14 54 12 18 45 25 25: Other: 0: 0 0 0 0 0 0 0 0 0 0 0: :------------------------------------------------------------------------------------------------------------------------------------------------------- : Percent of Open Interest Held by the Indicated Number of the Largest Traders : By Gross Position By Net Position : 4 or Less Traders 8 or Less Traders 4 or Less Traders 8 or Less Traders : Long: Short Long Short: Long Short Long Short :---------------------------------------------------------------------------------------------------- All : 21.6 35.9 31.7 47.6 21.5 34.9 31.2 46.2 Old : 21.6 35.9 31.7 47.6 21.5 34.9 31.2 46.2 Other: 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
The issue is not necessarily the number of shorts but the physical quantity to deliver on shorts. My thought is best to buy actual bullion/physical
Patriots please understand GME is the only game in town right now, The hedgefund boys want all attention away from the real game which is GME, They have lost 20 BILLION and the real cost could hit the moon. They shorted a stock over the 100% mark, best guess is at 121% naked short. These short positions are coming due the next few weeks. BUY GME if you like the stock, or watching billionaires cry, you most likely will loose your money, this is principle.. its a naked short... its illegal... ok if you're a billionaire... illegal if you're a regular person.. to hell with the political and 1% class (I am not a financial adviser and mildly retarded)
https://www.cftc.gov/dea/futures/other_lf.htm
https://www.youtube.com/watch?v=yeUI87hSvr0
GME, DIAMOND HANDS< SILVER=LARP 2/3 worlds silver is in reserves, a moon shot squeeze isn't possible, <not a financial adviser, mildly retarded.. do some fucking research...