How tf does someone go from 200 million ounces short to 750 million ounces long without anyone noticing? There's no way the recent price action has been them going long like that, it would have been much more noticeable if someone bought the entire remaining supply like that. Silver would be in the hundreds right now if he did that, not slowly climbing like shorts are being squeezed.
They notice. The SEC chooses to turn a blind eye. Once in awhile they'll fine them a few million to make it look like they're doing their job.
I lost a bunch in paper silver this morning mostly due to we're having a massive wind storm and my power keeps going out and I can't trade. I should have hedged with some puts Friday. My fault. $70 seems to be the floor. They're almost out of ammo. Keep buying.
How tf does someone go from 200 million ounces short to 750 million ounces long without anyone noticing? There's no way the recent price action has been them going long like that, it would have been much more noticeable if someone bought the entire remaining supply like that. Silver would be in the hundreds right now if he did that, not slowly climbing like shorts are being squeezed.
It certainly did not go from 20+ to 70 overnight. It has been steadily rising but very slow. That's when they were buying is what I assume.
They notice. The SEC chooses to turn a blind eye. Once in awhile they'll fine them a few million to make it look like they're doing their job.
I lost a bunch in paper silver this morning mostly due to we're having a massive wind storm and my power keeps going out and I can't trade. I should have hedged with some puts Friday. My fault. $70 seems to be the floor. They're almost out of ammo. Keep buying.