Discover and read the best of Twitter Threads about #Silversqueeze

Most recents (24)

1/
Remember always that US media/news outlet keeps saying "US debt is unsustainable bla bla" or "US will default on its debt soon...". It is bogus headline.
Alan Greenspan (former FED Chairman) said: "Look, US can pay any debt it wants because it has the ability to print money".
2/
So, US will always pay its debt, by issuing more debt. Of course the number will always go higher but who cares?
US will never have any problem of paying its enormous debt. Then what's the problem??
The only problems that US/USD/FED have are:
3/
1. The trust of USD from other countries. This is the most significant one. BRICS and other alternative like gold posses real threat to USD existence.
2. The money printed that are used to buy real stuffs/commodities, including #silversqueeze causing shortage.
Read 16 tweets
A short summary of @WallStreetSilv, aka @Galactic_Trader aka Jim Lewis aka James Morrison

- Lied about being a “Merrill Lynch Trader” in his original account

- grew to 10k followers off that

- joined WSS after #silversqueeze

- immediately started pushing out other moderators
Ask yourself, would this guy have any issues opening Jim’s iPhone with Face ID?

And why do they both live in Tampa?

And why did the caller ID shows “James Morrison” when @WallStreetSilv called?

It’s ridiculous people think they aren’t the same person. Idk what to tell you Image
@WallStreetSilv To look up the case yourself, follow the instructions found in this article near the beginning

Note the case files are listed in reverse chronological order, so start at the bottom and work your way upthepickaxe.xyz/single-post/is…
Read 79 tweets
Two years ago on 1/27/21 I posted my #silversqueeze post on Wallstreetbets

It was a Wednesday night in the middle of the GameStop controversy

Four days later #silver was squeezing

Robinhood banned buying of PSLV

A few days later $SLV changed their prospectus

Crazy times
2 months later the #LBMA admitted they over represented their inventories by 110m ounces of silver

A month after that they released a report saying they came roughly 2 weeks from running out of silver

@CFTCbehnam admitted they “had to tamp down” the silver run up
Jeff Currie of Goldman went on CNBC and Bloomberg saying there was no risk of running out of silver and that 50 billion ounces were available

A massive misrepresentation when the LBMA came within a couple hundred million ounces of running out
Read 8 tweets
(1 of 25) Thread: CBDC rollout will blast #gold & #silver into once-in-a-generation "moonshot" (e.g. $250/oz++ silver in today's purchasing power). #silversqueeze is great, but is a stratospheric trajectory; CBDCs result in a lunar orbit (only if positioned properly), here's why:
(2 of 25) I'm not saying #gold & #silver can't (or won't) shine BEFORE dUSD (digital/CBDC US Dollars) arrive, NOR that anyone should wait to get their hands on physical metals. And I'm also talking about REAL, physical metals here, not that rehypothecated paper stuff. On we go:
(3 of 25) dUSD will be introduced to us as a 'parallel' system, meaning both USD and dUSD will both be considered legal tender. It will start off with a fixed peg, and for this thread we will assume that will be 1:1 dUSD:USD. Essentially, dUSD/USD will be interchangeable at first
Read 25 tweets
1/ 🧵
The evils always paved their way with their nice-sounding intentions (e.g. to save the planet, for your health, for your safety, to protect the elderly). This is how people got obedient. This is how they get the people's favor in the first place.
For example... 👇
2/
... in 1971, Nixon said to protect the US dollar against outside "speculators" they need to unpeg the dollar from #gold "temporarily".
In 1934, under Roosevelt Executive Order they also need to "save the economy" by removing the private ownership of #gold.
...
#silversqueeze
3/
And recent example "to protect the elderly" they said we need to get vax. And the list goes on and on, they're stripping away your freedom one by one every time there is an emergency either from their own mistake or they deliberately create & build narrative from it...
👇
Read 4 tweets
#Gold
There is a 16 year cycle for gold

The low is expected around 2029

2023 will be year 8 and so far year 5 (2020) is the high

See charts for bullish vs. bearish scenarios

#DXY #USD #goldprice #GOLD #SPX $GLD $SLV #SPX #QQQ $gld $silver #goldstocks #silver #silversqueeze
We are either early in a new 8 year cycle or will be at some point in 2023 so the high for this next 8 year cycle is likely to be the high for this 16 year cycle.

Maybe it comes in 2025

That increases the odds of something like $3000 as next 8 yr cycle high/16 year cycle high
And this is all in the context of the 30 year cycle where this new high in 2025 would become the high for that cycle top

A lot to watch for in the next 2 years!
Read 4 tweets
#Gold
**30 year cycle**
Video review of the "30 year cycle"

There are 16 year cycles that you need to be paying attention to. Charts in following tweets



#DXY #USD #goldprice #GOLD #SPX $GLD $SLV #SPX #QQQ $gld $silver #goldstocks #silver #silversqueeze
Bullish scenario for current 16 year cycle (2022 is year 7)
Bearish scenario for current 16 year cycle (2022 is year 7)
Read 5 tweets
1/ 🧵
You see the paper to #silver ratio now at 442.27. What does it means?
It is defined as "the number of paper silver traded on major exchanges divided by the actual production of silver in the world."
👇
2/
This means, for every 1 ozof physical silver sold (from miners) in a large exchange center (e.g. COMEX) there is in average 442.27 oz of digital/paper silver sold (mostly from banks and speculators) not backed by physical silver but their trades affect the silver price anyway.
3/
In its intention, this has meaning for every 1 oz of physical silver traded with intention of using silver, there is about 442.16 oz of digital silver traded that just only for either speculation (profit) or controlling the price.
Read 5 tweets
#srebro #Comex #shortsqueeze
1/27
Gdy nie wie się jak zacząć, najlepiej rozpocząć od początku. Czytam zatem twity o srebrze, będąc absolutnie świadomym sposobu działania Wall Street Bets w przeszłości w kontekście Game Stop oraz romantycznej legendy wojowników jaką im dorobiono.
2/27
Zdaję sobie też ze sprawy narracji jaka towarzyszy kruszcom. Zapewniam szanownych czytających że rozbierałem ją na czynniki pierwsze nie raz. Poniższe będzie zatem pisane z perspektywy kogoś kto w temacie siedzi, lubi metale i jednocześnie umie podejść do nich z rozsądkiem.
3/27
11 listopada zamknęliśmy Comex ze stanami 35 mln oz registered i 263 mln eligleble.

Registered są zarejestrowane w magazynach zatwierdzonych przez Comex i najkrócej można je wytłumaczyć jako należące do giełdy Comex. Są w obrocie, to na nie składa się zamówienia. W skrócie.
Read 27 tweets
1/ 🧵
There are many in reddit WSS that still wondering if COMEX/LBMA (or the West gold/silver center) will ever let the price of #gold and #silver rise. What if they just stay suppress that low forever? Here in this thread I provide answer to that:
2/
You see from the past 50 years, gold has risen from $35 to around $1650 level today. Isn't that an absolute proof that they CAN'T SUPPRESS at the same price forever. Why is that? It is physical supply that is limiting them, forcing them to let the price rise...
👇
3/
Just because you have been waiting 2 years that means they will suppress the gold/silver price this low forever? Gold & silver market are suppressed heavily because that is the nemesis of fiat USD. It is the metal that were once money but replaced by those Banksters crooks.👇
Read 11 tweets
(1/5) There is only $750 million of registered #silver inventory remaining on the COMEX, and vault stocks are falling by ~$20 million per day recently. Setup is in place for the #silversqueeze of a lifetime. $PSLV $SIL
(2/5) #Solar demand is on fire, and we expect it to account for up to 25% of silver consumption this year. Meanwhile, mine supply is struggling. Peru, the world's 2nd largest producer, reported production down 11.2% in August.
(3/5) Elevated energy supplies are constricting new supply from recycling. We are hearing growing concerns from dealers about supply availability and mints are running dry globally.
Read 5 tweets
Time for an update on how the energy crisis is driving a new #silver bull market. For the full story, check out my original thread below.

Let's start with the supply side 👇
Zinc, Lead, and Copper smelting are very energy intensive. Energy makes up 40% of operational costs. Eurometrix estimates over 50% of capacity is already offline in Europe.

And as @LukeGromen points out, this is a BIG deal.

This is before winter. IntelliNews breaks down the situation well and suggests the shutdowns will continue:

intellinews.com/energy-crisis-…
Read 20 tweets
As much as people complain about social media i have to say it has allowed me to meet some amazing people like @hkuppy @PauloMacro and today both Paulo and I had the pleasure of meeting, for the first time, @kevinmuir who is one of the nicest guys you can ever meet.Only regret is
Due to conflicting schedules we couldn’t discuss macro, the upcoming #silversqueeze & my view on falling $aapl over some Pauillac but had to make do with a coffee. However one of the biggest discussions was how the sentiment effects of Twitter is still one of the greatest
Untapped money making tools ever.
Read 3 tweets
#Silver could be on the cusp of a parabolic move higher. Recall that prices are down ~2/3's from the peak more than 40 years ago while many commodities have been multi-baggers in that period. (1/9)
Average primary silver miner grades have essentially fallen in half over the past 20 years, and prices are now nonsensically below all-in sustaining mining costs. (2/9)
Meanwhile, #solar and #India have exploded as tremendous sources of demand while supply is largely stagnant. The @SilverInstitute estimates solar will comprise 11.5% of demand this year, up 12% YoY, but this makes no sense. (3/9)
Read 9 tweets
Silver is really cheap, relative to pretty much every other asset.

A thread.

(1/7)

Silver divided by the broad stock market, is as cheap as it has ever been, going all the way back to 1904.

I have indicated extremes, where appropriate, in each chart.

#silver #silversqueeze
(2/7)

When the price of Silver is compared to the total US debt, again, the metal is as cheap as it has ever been, going back to 1970.

Even when the price hit $50 in 2011, silver got nowhere near to covering as much of the US debt, as was covered back in the 1980's peak.
(3/7)

Comparing the price of silver to the broad M2 money stock shows that the silver price is covering as little of the US M2 money supply as it ever has. Our perception of silver is distorted.

If silver were to back US money, this ratio would need to be much, much higher.
Read 8 tweets
Steer: I was none too happy to see total OI blow out as much as it did -- and we're definitely in bearish territory in this precious metal from a COMEX futures market perspective.

However, the possibility exists that they may be overrun by events & circumstance this time around.
"But as Ted Butler has pointed out for several decades now, if that does happen, it will be for the very first time.

As for silver, it's not nearly as bearish from as COT perspective as gold, but would certainly be included in any engineered price declines."
"But the 800 lb. gorilla in the silver living room is the looming physical shortage, which now appears to be literally on our doorstep...that, combined with a short position in the COMEX futures and OTC markets that defies belief.
Read 4 tweets
(1 of 6) Quick #silversqueeze thread on MONUMENTAL SHIFTS quietly unfolding now

The 4 largest paper #silver traders by net position (bullion banks) saw their shorts CRATER from 31.8% of open interest, down to 22.3%

This is the largest weekly drop EVER (by far)

continued >>
(2 of 6) For context, the green area is the size of the move which occurred this past week. Shifts of this scale have happened a few times before, but they have ALWAYS taken 6-12+ weeks to unfold

This vaporization of bullion bank shorts happened in 5 trading days

continued >>
(3 of 6) Both total OI & # of traders ticked UP last week, reversing a downtrend in place since peak #silversqueeze levels just before the mid-June massacre

Therefore this was not some mass exodus from #silver, rather a tectonic shift of concentrated positions

continued >>
Read 6 tweets
What is unallocated gold or silver?
There is no way to be sure how much available gold or silver there is for one simple reason. The unallocated positions held by account holders are not actual metal but liabilities. Here is the IMF’s understanding of unallocated gold.
imf.org/external/np/st…

“Account providers hold title to a reserve base of physical (allocated) gold and issue claims to account holders denominated in unallocated gold. The account holder does not hold title to physical gold
but instead holds an unsecured claim against the account provider, in effect a deposit with the account provider. The account holder does not have legal ownership of the physical gold but is an unsecured depositor. The account holder is a creditor
Read 5 tweets
(1) #silversqueeze is draining the physical silver market, & past several months have seen a relentless upward trend reflected in paper #silver prices, as the system begins deleveraging. Here is a thread on the monthly cycles observed since this began & what it may mean for June.
(2) We begin w/the hourly chart, starting from end of MAR, after banks cleaned up all the crazy WSB YOLO bets and took their money. The systemic silver shortages from #silversqueeze had now started seeping into every corner of the physical market, the paper deleveraging had begun
(3) We correct for the overall #silversqueeze effect by skewing the chart, negating the upward pressure from the system deleveraging, as physical metal enters private hands and 50+ paper copies of each ounce vaporizes for each ounce exiting the system.
Read 16 tweets
It's time.

🚨🚨MARKET TOP WARNING🚨🚨

MULTIPLE INDICATORS HAVE TURNED FOR THE WORSE!

I've got enough confirmations now to warn for a correction - the asymmetrical crash i've been talking about. 👇
#Gold #silver #rhodium #bonds #nasdaq #Fintwit #wallstreetsilver #silversqueeze
First up the most important one, Rhodium.

Rhodium tends to go ballistic in the final phase of market bubbles. Nobody knows why, but it happened before the 2000 bubble blew, same with the 2008 bubble...

...and it's showing clear topping patterns.
But it's not just Rhodium.

All INDUSTRIAL precious metals are showing similar topping patterns.

AND! The strength of those tops correlates with the industrial element of each metal.

Palladium looks like Rhodium, while Gold is going straight up. Silver offers the awnser:
Read 15 tweets
NEW RESEARCH!

This time, going after $ARKK - Well, the lot of em.

I heard that #Cathiewood had obtained a large amount of the float of some Illiquid stocks, and i wanted to see how big the problem was.

And i found out this woman has no clue what she's investing in. Thread 👇
So what i did;

Courtesy of arktrack.com and seekingalpha.com, i went through $ARKK's most illiquid names, to see how difficult it would be to liquidate those positions - AND to see if the companies are valued anywhere near correctly.

So i looked at some stats.
I looked at shares per company and the float, then calculated how much of that float ARK has across all funds (using the "individual stocks" tab on the site).

That's necessary because *multiple ARK funds own ALL of them!*

Also looked at 3month and 7day average volume.
Read 47 tweets
(1) Think of the @PerthMint unallocated #silversqueeze crisis like this:

Perth Mint leases (borrows) the titles of classic cars stored in other people's private, secured garages. The mint has no access to the cars themselves, only borrowing the titles.
(2) Perth Mint then gets unsecured loans from plebeians for those leased titles, telling clients they are investing in a pool of classic cars, & those loans are "backed" by classic cars stored at the mint's garages. Clients can even be repaid by taking delivery on a classic car.
(3) As part of their normal operating business, Perth Mint even has a few classic cars in THEIR garage, ones they have purchased outright. This is the "showroom" to convince everyone how all that unallocated is backed by real classic cars and that delivery is indeed possible.
Read 8 tweets
I'll do you one better. There WAS a catalyst. It's just already passed:


"When real yields go positive, the correlation between negative yields and gold will break."

Lo and behold. Since the 8th, the 10 year has gone more negative.

And #gold is up...
And just to put in in simple terms this time, cause people have been asking for clarification:

Bond yields aren't going up for technical reasons anymore.

They're going up cause of the solvency crisis having morphed into a crisis of faith.

No one WANTS bonds anymore!
So why hasn't the market crashed *today*?

Well, conversion rates and legacy rules. Pension funds can't just start selling their treasuries en-masse.

The Fed is still buying $90B a month, which isn't enough, but it's something which still affects the markets.
Read 25 tweets
1/ ‘Statement of Facts’ from USA Justice Departments case against JPM (JPM signed full agreement):

“JPM Precious Metal traders used deceptive orders to benefit clients#s ..place order to artificially lower price at which the hedge-fund could then buy cheap”#silversqueeze Image
2/ how many times did JPMorgan manipulate the price of precious metals ($Gold #silver):

“In tens of thousands of trading sequences”

#silversqueeze #SilverStimulus JPMorgans unlawful practice...
“By placing Deceptive Orders, the PM Traders intended to inject false and misleading information about the genuine supply and demand for precious metals into the markets, and to deceive other participants in those markets into believing something untrue about supply & demand” Image
Read 12 tweets

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