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GME was talked about for over a month before it was picked up by media and it was cause they were trying to convince people to sell.

Now "Silver is the next GME" is popping up in mainstream news instantly before there has been much discussion on the boards.

Seems like it is a conspiracy to make some of the hedge fund peoples money back.

Your telling me there's billions at stake and they wouldn't have a media/shill fest as retaliation?

Think smart with your money, nothing is a sure thing.

GME was talked about for over a month before it was picked up by media and it was cause they were trying to convince people to sell. Now "Silver is the next GME" is popping up in mainstream news instantly before there has been much discussion on the boards. Seems like it is a conspiracy to make some of the hedge fund peoples money back. Your telling me there's billions at stake and they wouldn't have a media/shill fest as retaliation? Think smart with your money, nothing is a sure thing.

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[–] • 2 pts

I think its legit (new cause had to make new account was a voat guy and forgot password here).

Anyways.. I tried posting pro PSLV things on wallstreet bets on many accounts and I got banned they only let discussion of SLV happen (which is super easy for (((them))) to manipulate.

Happy to comment more

[–] • 0 pt

I thought this whole thing was about PSLV. I mean they could just buy futures contracts and take delivery. That would fuck the system too, but you need some big money to even play on the futures market.

[–] • 0 pt

Slv has to buy physical ehenee inflows happen.

Today's price surge will support physical deliveries in from the futures market.

Stackers have 1.5b oz of silver. JP Morgan has 113m oz. SLV has 100m oz. But JPM is custodian.

Stackers have about 10x the physical.

A physical short squeeze can easily happen.

It already is. Premiums are $14/oz on silver eagles. Was $2/oz a few weeks ago.

That means there is a disconnect between physical and paper.

So ya...

Who the fuck knows.

But they're definitely gonna demo the economy this year.

[–] • 0 pt

Lol imagine thinking SLV actually buys physical silver.... This thread https://boards.4channel.org/biz/thread/27460881#p27470307

has some images show that only the top 4-10 holders in SLV can demand delivery and SLV still reserves rights to supply cash...

JP Morgans 113 OZ and SLV's 100m oz are the same thing.......

No where in the SLV prospectus does it state that they have to buy physical to match inflow of cash. They just have to "adjust their position" i.e. buy more paper bullshit

They dumped 1 billion of oz of PAPER silver on the comex market yesterday to keep price down. Thats 1.5x the amount of silver made in a year world wide in a day to supress this shit.