#Silver cracks $30 when the following 2 things happen and then heads parabolic....to $50+
1). Reddit ape army reaches 100,000.
Currently at 78k
2). #pslv breaks 150M oz
Currently at 142.1M oz
Tik Tok...
#silversqueeze#inflation#dogecoin
Ed: "What it means in a nutshell is that the authorized participants have been shorting $SLV shares in lieu of depositing physical metal as its prospectus demands. That amount of physical silver is either unavailable...or if it is, purchasing it would drive the price to the moon"
The Short Position in SLV Jumps Almost 20 Percent
By Ed Steer
The new short report for both $SLV and $GLD were posted on Friday evening.
The short position in silver (SLV) had an increase of 18.49%.
The short position in GLD also rose 17.24%.
https://t.co/zQlXg6yN36
Speaking to lawyers in NYC this week to start a class action against SLV for misrepresentation and the February bait and switch and it’s custodians. (Jeff Currie and friends)
#silver#SLV#PSLV
Now that the CFO is no longer employed, the beans will be spilled..
Accountability.
1/2 Imagine the mechanics of what the silver price would have been mid January had a certain bank just simply told the truth and said ‘we can’t source this metal’? All of our projections in early feb would have come true. But this bank seemed to lie and change their prospectus
CFO of SLV + IAU Sponsor resigns 30 June (last day of SLV Q2). CFO was Mary Cronin: "Ms. Cronin’s decision to resign was not the result of any dispute or disagreement with the Trust on any matter relating to the Trust's operations, policies or practices." https://t.co/xKggLWawnZ
#silver Update.
5,805 silver contracts settles under Exchange for physical.... that is $784,000,000 of silver today!
These numbers are mind boggling...OI is now in line for July with previous months but only after $784 Million was settled for silver today....👀 #silversqueeze
#Silver is trying to repeat Dec 2, 2020. It was getting crushed. 2 weeks later it was up $4.
I still believe that once PSLV crosses 150 M oz we get to $30. July 1st ETA.
Outstanding OI is massive.
July OI is highest ever with 9 days to go.
#silversqueeze is coming...
@FGMR James. Can you post a chart of the open interest over the last 2 years? Or provide a link as to where to get it. I have been speaking about the importance of this massive increase for a few weeks. Very telling. All signs are there.... for a large move higher. Thx.
Does anyone have an Open Interest chart for silver over the last 15 months that they can share?
I am seeing #Silver OI surge to almost 200,000 contracts (5,000 oz each) from approx 160,000 several weeks back.
Is this the smart money front running the coming #silversqueeze 👀?
#silversqueeze
CME futures Open Interest is surging. Up from 160,000 contracts a few weeks ago to 190,000 contracts and rising daily...
Super bullish for #Silver!!👀
Goal to be retired by Christmas...🚀
What is the common denominator?
#silver 2 year chart...
DSV.V 2 year chart...
$DXY upside down 2 year chart...
..Tik Tok..
@michael_saylor time to put a 4th mortgage on your parents house...or another $99B on $MSTR??
..
..
@elonmusk ...ready for lift off🚀
#silversqueeze 🙈🧨
We’re buyers here- bottom line. It feels to us the timing is right to get big in Silver, that the tight trading (the standoff between Bulls and Bears) is soon to be resolved- and it’s our hunch that the resolution is up… $SLV