The media was clearly trying to make a WSB is going after Silver thing happen, even after WSB was clearly saying don't do it
Thoughts on their motive? Was it just to divert the money away from Gamestop?
The media was clearly trying to make a WSB is going after Silver thing happen, even after WSB was clearly saying don't do it
Thoughts on their motive? Was it just to divert the money away from Gamestop?
300M ounces on hand in Nymex / Comex warehouse
so we need at least $10B to buy up all that lot.....
anyone got a platinum amex i can borrow ?
https://www.cmegroup.com/clearing/operations-and-deliveries/nymex-delivery-notices.html
That's 250USD over 40m worldwide. It's not as hard as what you might expect, especially given Indians and Chinese and surrounding areas are far more familiar with and warm to silver than here. I think S koreans eat like 100m USD worth of silver on their food every year, could be wrong though.
Put it on the street, please.