Fiat can be printed to infinity and has no worth, gold and silver cannot be inflated and therefore is harder to steal by the banks and government. There are ~400x the silver contracts than there is available silver for deliver and it may be even worse than that. People excited about the 25% GME short, the silver short is 1000's% much worse. The bluff is that the Federal Reserve thinks they have all the power as they control fiat... but the Federal Reserve has nothing but the ability to create debt with fiat. Now with BRICS and the commodity backed currencies of the BRICS nations, they will reset their economies on gold and silver, etc and ditch the fiat. The world wants real money again and control back from the criminal banking cartels.
Fiat can be printed to infinity and has no worth, gold and silver cannot be inflated and therefore is harder to steal by the banks and government. There are ~400x the silver contracts than there is available silver for deliver and it may be even worse than that. People excited about the 25% GME short, the silver short is 1000's% much worse. The bluff is that the Federal Reserve thinks they have all the power as they control fiat... but the Federal Reserve has nothing but the ability to create debt with fiat. Now with BRICS and the commodity backed currencies of the BRICS nations, they will reset their economies on gold and silver, etc and ditch the fiat. The world wants real money again and control back from the criminal banking cartels.