Discover and read the best of Twitter Threads about #Platinumsqueeze

Most recents (4)

Another 2% of #platinum NYMEX inventories gone today

229k ounces left

#platinumsqueeze continues to build Image
Another 1% today, chippin away Image
The trickle continues, 225k ounces left Image
Read 15 tweets
LBMA #silver inventories dropped another 3.6% last month!

The #silverdrain continues!

And remember, a significant portion of this is allocated to ETFs like $SLV

LBMA: "These figures provide insight to LBMA's ability to underpin the physical OTC market"

That ability is falling Image
Also always fun to point out that 6 years after the @lbmaexecutive said they would start posting #platinum inventory data there's still nothing

They said it would begin "soon"

Why is that?

#platinumsqueeze would happen, that's why
the other thing to note is that COMEX inventories are falling at the same time.

Thus, unlike the drop in 2020 where LBMA silver flows went to backstop the COMEX vaults, both are experiencing simultaneous drains as silver is consumed by demand in excess of supply
Read 3 tweets
#BOND WATCH!

🚨🚨MEGA ALERT!🚨🚨

#USA 30 YEAR REAL YIELD GONE POSITIVE!

@HustlerHindu reminded me i once said;
"The only thing i fear is US real rates going positive"

We're here.

#WallstreetSilver #Silversqueeze $PSLV #PSLVChallenge #fintwit @WallStreetSLVR @Galactic_Trader
The reason i said that is simple.

"Once real rates go positive, they won't be able to be stopped."

"When real rates go positive the negative rates/gold correlation will break, as it's not causation"

"Rather going up with yields going down, gold will go up with yields going up"
Read 4 tweets
#Silver #Gold #Platinum #Comex #Shadowcontracts UPDATE!

#Silversqueeze/#PSLVChallenge edition!

With interesting data on $PSLV and $SLV shorts. Data first, analysis below! πŸ‘‡

#WSS #Wallstreetsilver #PSLV #goldsqueeze #platinumsqueeze #Fintwit @WallStreetSLVR @Galactic_Trader ImageImageImageImage
First the one everyone wants to know: #Silver.

77 shadowcontracts, meaning +385,000 ounces found and put up for delivery *this month*, before the delivery wall hits in just a few days. Calendar says "last day of delivery 26th of February" - these ounces will be delivered by then
Preliminary rollover of -10,8k which'll go up to ~-11,5k in the final report. I've seen these numbers before and it was expected, the question is, is that gonna happen more?

To hit the previous record of ~16k, they need to shed another ~32k contracts in 4 days.
Read 21 tweets

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