It will be hard to blow out the silver market on paper as they can just hammer in unlimited paper shorts to hold the price down.
However one place to start is the SLV ETF as they have to (in theory) order the physical silver for the fund - but this can be rigged on paper.
The place that will blow out the silver market is the physical, but it's no good buying a few ounces at a massive spread.
The way to buy physical silver is with futures contracts which are legally for delivery -
HOWEVER - most retail brokers - even IB which is semi professional will not allow you to take delivery - rigged at all ?
So you need a pro futures Broker - Dorman, Advantage Futures, Wedbush, GAIN, FC STONE, there quite a number of them that the pro hedge funds use. You buy a contract on the front month and hold it for delivery.
You can buy on margin to start with but you will need 5000 ounces for delivery X the price of the silver +/- the P/L on the futures contract. So at $30/oz it's $150k cash to take delivery.
This is the only real way to blow out the silver market. They don't have stocks in the COMEX warehouse, so taking delivery will blow the market apart, but it's not a game for $5000 accounts on Robinhood.
We could band together and buy physical and then distribute in small blocks to anyone who wants to buy a smaller amount. That would need some system, escrow, website etc. to gather up the orders. (Not for profit for rebellion :-)
Lets bookmark this thread and reach back in march 2022. I am never afraid to admit it wrong, I am good waiting the time for a major major major call to play out.
you haven't come with anything concrete - let alone actionable - not a stich....
I've been trading silver futures since 2000... when it was under $2oz
I've seen every pump and dump since then...
This looks like more of the same
COMEX is the clearing house for the US Silver futures, they claim to have 300M ounces on hand - hardly a shortage - enough to keep the conspiracy retards happy buying rounds at $10 oz markups...
Sure Silver can run to $100/oz why not - its crypto for dummies
but you haven't come with a single piece of information as to why you think the official comex no#s are wrong.
if they ain't got 300m and that number is jacked up - they gotta have something in stock to cover their asses.
If you buy rounds now at $40oz and silver runs to $100... you pbly only get $80/oz to sell them so it's not a fantastic trade really, compared with doubling your money in many other venues - crypto springs to mind.
You gotta come with facts not opinions...
March 2022. Lets bet a beer and an apology. I will even fly up and do it in person. My call is right that the market finally getting sprung. Mar 2022 should be where we see good acceleration proof. These things reprice in fits. Watch the fits over the next 14 months.
an opinion on a price move doesn't explain why Comex warehouse says it has 300M ounces in stock and why that constitutes a physical shortage.
i love silver, i hope the price goes higher, i am trying to produce some actual analysis... some intel here....
how much silver is used a year / month
how much of that 300M is ready to go - how much will got out for delivery
how much more is prodced
it's a market place - you wanna gamble - there's vegas and football games...