Silver Futures Soar 8%, Rise Above $29 As Reddit Hordes Pile In 

YouTube


points form the article:



- Silver Futures Soar 8%, Rise Above $29 As Reddit Hordes Pile In



- SD Bullion sold nearly 10x the number of silver ounces that we normally would sell in an entire weekend

- little inventory left from suppliers/mints going into Friday close.



- bullion dealers are now facing massive shortages of physical coins



- the short squeeze:Buy SLV shares (or PSLV shares) and SLV call options to force physical delivery of silver to the SLV vaults



- Time to get some payback for the bailouts and manipulation they've done for decades (look up silver manipulation fines that JPM has paid over the years).



- This means that 92% of that gold is held privately by institutions and by millions of boomer gold and silver bugs



- If the squeeze happens, it would be like 40 years worth of their gains in 4 months



- An investment in Shares is: Backed by silver held by the Custodian on behalf of the Trust



- The bulk of the Trust’s silver holdings is represented by physical silver, identified on the Custodian’s or, if applicable, sub-custodian's, books