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31
Silver Update - Part 1 🧵 Joe Lange. Part 2 in comments (jlange.substack.com)
posted 15 hours ago by sacip 15 hours ago by sacip +31 / -0
Silver Update
Part 1 🧵
jlange.substack.com
7 comments share
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▲ 3 ▼
– TNBanjoMan 3 points 14 hours ago +3 / -0

Not a financial guru here, what does this mean for the near- and long-term value of silver, PARTICULARLY for stackers like me?

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▲ 2 ▼
– Plebbitimmigrant 2 points 14 hours ago +2 / -0

Likely surges in the price of silver.. If the indicators about tech/Weapons companies and other assorted companies building stockpiles is accurate. As that’s supply being taken off the market.

So if something happens that triggers a surge in retail demand…..

Edit: Also there’s an account on X alleging to be a Japanese Financial Insider that is indicating the Japanese National Bank is about to potentially turbofuck a lot of people.

https://x.com/yutokanzakireal/status/2074183366048641243?s=46

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▲ 1 ▼
– 208-RZ 1 point 9 hours ago +1 / -0

The measures prepared by the Bank of Japan will impact the lives of billions of people. To all the Western countries, I deeply apologize. This is not a personal matter. May God bless you.

Sounds ominous...

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▲ 3 ▼
– Surfsup 3 points 10 hours ago +3 / -0

From June to October 1, 2025 JPM sold off its 200-million-ounce paper short position, freeing up funds for physical ounces and leaving the financial institution with zero short contracts.

Uh, sorry but you don't sell off a short position. You buy it back to close it. This makes me question the whole article.

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▲ 1 ▼
– AmateurExpert 1 point 9 hours ago +1 / -0

That was the claim floating around back in Jan-Mar as well, and not just from Joe, who is a professional investor.

It’s definitely a weird claim. If such a thing can be done, what are the mechanics of it for us mouth breathers?

Do note that this [https://web.archive.org/web/20250801030008/https://www.msn.com/en-us/news/politics/jpmorgan-ceo-jamie-dimon-s-icy-relationship-with-trump-thaws-with-reported-visits-to-white-house/ar-AA1JFzeM] happened right around the timeframe mentioned in the article.

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▲ 1 ▼
– sacip [S] 1 point 12 minutes ago +1 / -0

I agree. Now that you spell out that if you short anything, you need to buy whatever it is to close it, not accumulate, as in this case, more silver.

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▲ 1 ▼
– sacip [S] 1 point 15 hours ago +1 / -0

https://jlange.substack.com/p/silver-update-cff

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