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521

If the short squeeze on GameStop caused fireworks among a few hedge funds on Wall Street, we hate to think what a short squeeze on the global silver supply will look like as hedge funds wake up to the possibility that SLV "cannot acquire sufficient silver acceptable for delivery to the Trust".

https://www.zerohedge.com/markets/silversqueeze-hits-london-slv-warns-limited-available-silver

If the short squeeze on GameStop caused fireworks among a few hedge funds on Wall Street, we hate to think what a short squeeze on the global silver supply will look like as hedge funds wake up to the possibility that SLV "cannot acquire sufficient silver acceptable for delivery to the Trust". https://www.zerohedge.com/markets/silversqueeze-hits-london-slv-warns-limited-available-silver

(post is archived)

[–] 2 pts

well Peru is the 3rd largest producer of silver...que the war with Peru...oh wait...too late

[–] 0 pt

They're going to need some workslaves to get that silver out of the ground. Of course the best thing that could happen is if they all refused and really messed the supply chains up!