People were speculating on the next target for the wallstreetbets army. Kayak got it right. I wanted to put this in it's own discussion...
FWIW -- this is long, could take months, but it looks like it's the next big project for them.
THE BIGGEST SHORT SQUEEZE IN THE WORLD $SLV Silver 25$ to 1000$.
Silver Bullion Market is one of the most manipulated on earth. Any short squeeze in silver paper shorts would be EPIC. We know billion banks are manipulating gold and silver to cover real inflation.
Both the industrial case and monetary case, debt printing has never been more favorable for the No. 1 inflation hedge Silver.
Inflation adjusted Silver should be at 1000$ instead of 25$. Link to post removed by mods.
Why not squeeze $SLV to real physical price.
Think about the Gainz. If you don't care about the gains, think about the banks like JP MORGAN you'd be destroying along the way.
Edit 1: ALL IN ON $AG. LETS GET THE MINERS.
Edit: $AG UP 40% PM. YOU ****ING RETARDS. SLV TO THE ****ING MARZ. I have got some interesting ifo from Gold Ventures. Here he goes---
Hi master!! In our debate about of which ETF is the best for our purposes (PSLV or SLV) I think that obviously the choice is SLV. Many people try to discredit it putting in doubt that it holds all the silver that it should, but I think that this had been always biased propaganda by the bullion dealers. SLV is run by BlackRock, who has many, many, many more assets under management than the SLV (in fact SLV is one of their smallest funds). Will such a leader of the investment industry put its reputation in risk??? Some years ago (in the darknest recent age of silver, about 2013-2015), the short interest in SLV was much higher than nowadays (about 25-30%). Ted Buttler always defended that shorting the SLV was not permitted by the ETF prospectus itself, because shorting one share inhibits the adding os one Oz of silver (you can sell one share to a new investor without issuing it). He initiated a public campaign against BlackRock by permitting it. The result was a legal threat of BlackRock to Buttler, he had to retreat, but magically the short interest started to decrease during the next weeks/months till "simbolic" levels. Even during this last year, where we witnessing silver inflow to the trust of several hundreds os Moz over the year before, the short interest of SLV itself didn't rise. SLV itself has no meaningful short interest itself, but the arbitrage among it and the spot/futures market make the concentrated shorts of the Comex very vulnerable. And remember, the master of the crooks, the one with the biggest and more corrupt influences, JPM, is no longer in the short side, so it will be no threated and by that will do nothing.
Advantages of SLV over PSLV are clear:
Much more available on brokers (unless in Europe due to MiFid II)
Much more liquid
And of course, it has options!!
Tldr- Corner the market. GV thinks its possible to squeeze $SLV, **** AFTER SEEING $AG AND $GME EVEN I THINK WE CAN DO IT. BUY $SLV GO ALL IN TH GAINZ WILL BE UNLIMITED. DEMAND PHYSICAL IF YOU CAN. **** THE BANKS.
https://www.reddit.com/r/wallstreetbets/comments/l68ill
View: https://www.reddit.com/r/wallstreetbets/comments/l68ill/the_biggest_short_squeeze_in_the_world_slv_silver/
The other post about SLV is absolutely correct. Silver is by far the most manipulated market in the world. JPM just paid $1 billion fine for their manipulation and they brushed it off and kept doing it. The other post didn’t say how to cause the squeeze, here’s how to play it
First here is the other post
https://www.reddit.com/r/wallstreetbets/comments/l68ill
View: https://www.reddit.com/r/wallstreetbets/comments/l68ill/the_biggest_short_squeeze_in_the_world_slv_silver/?utm_source=share&utm_medium=ios_app&utm_name=iossmf
Second, everyone buy and hold GME through at least $1000 before buying silver because the shorts are still at 139% of the float so there is a technical reason to stay long until they really cover.
Third, the other post said to buy miners, but that won’t cause a silver squeeze. The miners will benefit from the squeeze, but buying miners alone does nothing to actually beat the manipulating banks at their own game in silver.
So here’s how you do it:
Buy SLV directly. If you want options buy in the money or near the money to force true hedging (buying) by the market maker. This is a very old and slower moving market than equities so unless you are buying leaps, SLV shares are the way to go anyways. Alternatively, buy silver physically or even force delivery through purchasing futures if you are rich and can store it. Physical silver purchases carry a premium over spot price though so you end up causing more physical silver to be purchased by simply buying SLV.
By purchasing SLV, more shares will be created and SLV will have to purchase massive amounts of physical silver to hold in their vaults because the etf has to remain backed by physical silver.
Silver is a much larger market than GME, but the paper traded gold market is 100x the physical market. If we force more physical purchase and delivery of silver, the paper traders will be required to buy it in real life and deliver it. Creating a positive feedback loop just like a short squeeze.
Lastly, the fundamental case is that government stimulus combined with fed money and reopening economy will cause inflation, and that government debt loads mean dollar debasement. Lest someone say we are manipulating the market (as big banks have literally been doing for decades). We like the stock!
Let’s get GME to the moon and then park all of the winnings in SLV. Could take a couple of months to fully moon as delivery of silver takes time but it really could go to $1000 from $25. If GME took down a single hedge fund, this would take down JPM.
Please share, it’s hard to break through right now
Power and tendies to people!
TLDR: don’t sell GME till over $1000 and then move it all to SLV and hold for 3+ months
https://www.reddit.com/r/wallstreetbets/comments/l6fgbn
View: https://www.reddit.com/r/wallstreetbets/comments/l6fgbn/the_other_post_about_slv_is_absolutely_correct/