pslv is not physical silver
a short squeeze in pslv or any silver etf or custodial silver fund will only marginally affect the silver price overall and may lead to the collapse of the company itself if the silver it claims to hold is audited and found wanting (as in, if it has less than it claims to have).
GME is of course worth what it’s worth - in dollars - but that value in dollars is tempered by, and tethered to, its ability to turn a profit as a business, and as such, its value is an abstraction.
Physical silver’s value is not abstract. It has been manipulated downward along with gold (but to a larger extent) via naked shorting futures.
Think about the beauty of the GME situation:
- a short squeeze bleeds the asshats who are trying to suppress the price for their own gain in order to bankrupt it and pillage its assets. These are primarily new-money hedge-fund managers.
Now do silver:
- a short squeeze bleeds the asshats who are trying to suppress it for their own gain - TO KEEP THE DOLLAR HIGH and in order to bankrupt ALL U.S. CITIZENS AND BANKRUPT US AND PILLAGE OUR ASSETS!!! These asshats are primarily BANKING CARTELS!!! The ACTUAL enemy.
So...which is better? Bleeding a few hedge fund managers, thereby allowing the bankers to have less competition (not to say the hedgies are good guys, but they ARE competing for primacy among the elite which is why caballists hate new money - look at how the old money hated rockefeller’s at first), or bleeding the cabal themselves?
If you buy actual physical silver that you can hold in your hand. The increase in demand will drive the futures price (the underlying driver of which is demand for physical silver) to the moon in relation to dollars (and all other fiat currency), which would protect holders of precious metals (citizens) and cause creators of fiat currency to tailspin.
pslv is not physical silver
a short squeeze in pslv or any silver etf or custodial silver fund will only marginally affect the silver price overall and may lead to the collapse of the company itself if the silver it claims to hold is audited and found wanting (as in, if it has less than it claims to have).
GME is of course worth what it’s worth - in dollars - but that value in dollars is tempered by, and tethered to, its ability to turn a profit as a business, and as such, its value is an abstraction.
Physical silver’s value is not abstract. It has been manipulated downward along with gold (but to a larger extent) via naked shorting futures.
Think about the beauty of the GME situation:
- a short squeeze bleeds the asshats who are trying to suppress the price for their own gain in order to bankrupt it and pillage its assets. These are primarily new-money hedge-fund managers.
Now do silver:
- a short squeeze bleeds the asshats who are trying to suppress it for their own gain - TO KEEP THE DOLLAR HIGH and in order to bankrupt ALL U.S. CITIZENS AND BANKRUPT US AND PILLAGE OUR ASSETS!!! These asshats are primarily BANKING CARTELS!!! The ACTUAL enemy.
So...which is better? Bleeding a few hedge fund managers, thereby allowing the bankers to have less competition (not to say the hedgies are good guys, but they ARE competing for primacy among the elite which is why caballists hate new money - look at how the old money hated rockefeller’s at first), or bleeding the cabal themselves?
buy actual physical silver that you can hold in your hand. The increase in demand will drive the futures price (the underlying driver if which is demand for physical silver) to the moon.