Monday, February 15, 2021

 herein the video rebel updates us on short silver and potential ramifications therein, courtesy of the federalies, indirectly;


8 million people joined in the subreddit group WallStreetBets to stop Big Players from Naked Shorting Game Shop. A Naked Short happens when someone sells stock they do not own. Many of the subreddit participants made lots of money even doubling and tripling their initial investment. A lot of that was financed on a shoe string by people using their Stimulus Checks. Those checks are free money.

The next Big Thing on the subreddit group WallStreetBets might be to use their March Stimulus checks to buy silver. We are told there is already a shortage of physical silver available. This will force Big Players from the Bullion Banks to buy silver to cover their shorts. That will drive up the price of silver.

And there are lots investors with large funds available who can take advantage of a spike in prices. Many will buy physical silver and others will flood large sums into silver ETFs. There are 14 silver ETFS that store their silver in the LBMA in London. But 83% of the silver available in the LBMA is already held by those 14 entities. With cash flooding in and prices spiking where will the ETFs source their additional silver?

We are told that 1,000 ounce bars of silver are unavailable. And SLV had to notify its customers that physical silver might not always be available so they will have to be satisfied with paper.

Willem Middelkoop, the famed Dutch bullion analyst, tells an interesting story about 2017 when Naked Shorting of palladium ended. The Bullion Banks were caught and burned severely when the price of palladium rose forcing them to cover. They stopped Naked Shorting palladium and the price rose 400%......read more......

No comments:

Post a Comment