TheHappyHawaiian Profile picture
Sep 13, 2022 15 tweets 6 min read Read on X
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
Another 1%, trickle continues

223k ounces left Image
Image
Image
Trickle becomes a flood at 16% removed today Image
Down another 1% today Image
Down to 179k as 5k leave the vaults
Another 2.5k leave, down to 177k Image
Only 164k ounces of #platinum left in the NYMEX vaults as 2k leave today, and only 75k left in registered

Open interest represents 3700% of registered

#platinumsqueeze nears Image
Huge decline in #platinum inventories today!

Down 7% in one day as 11k ounces leave the vaults

Only 152k left

#platinumsqueeze is alive! Image
Another 1.7k ounces gone and #platinum inventories at NYMEX have reached 150k

Early 2021 this was ~800k for reminders

#platinumsqueeze Image
#Platinumsqueeze continues as inventories drop to only 146k ounces remaining Image
Down to only 143k ounces of #platinum left! Image

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More from @ThHappyHawaiian

Mar 14
POV, you’re a 45 year old white male

You just got laid off from your white collar job

Unemployment pays $400 a week, so you don’t sign up because Uber pays $600

Government doesn’t even acknowledge job loss as an issue

You can’t get hired because no one is hiring and even if they are it’s only for DEI candidates

Meanwhile your Uber earnings are dropping because we’re importing unskilled labor at the highest level in history due to illegal immigration

The government gives them preloaded debit cards, free housing, and they work Uber

If you have an issue with any of this you’re racist, and also men are seen as the source of all of society’s problems

The message? Please just stop existing

Unfortunately the message is being received

Societal empathy for this human subgroup’s suffering? Zero, perhaps negativeImage
Would be nice if they color coded the legend on the chart

Nevertheless, here’s the data

cdc.gov/mmwr/volumes/7…
We use elevated suicide risk as a reason to cater policy directly for the benefit of certain populations

Why is it ignored in this case?

If the suicide rate for white males is quite literally 10x that for black females? Isn’t that a societal issue?
Read 5 tweets
Mar 23, 2023
That’s because there isn’t a real solution to the inflation problem

Long term inflating away debt and massively expanding commodity supply, but you have to let inflation run hot for a long time to achieve that

The fire has to burn itself out
Let me expound for the people who think we can hike our way out inflation, even if it means another Great Depression

The problem is federal debt levels

We’re nowhere near a budget surplus and higher interest expense simply means even bigger deficits, more debt, and debt spirals
On top of that, destroying the economy will hurt the revenue side massively, making deficits even larger and the problem worse

Now let’s say government doubles tax rates to cover the shortfall and run a surplus

That too would further decimate the economy further
Read 7 tweets
Feb 1, 2023
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
Jan 28, 2023
We waste so much time on the fed and their supposed ability to stop #inflation

They can't control it, they just affect the timing

Tightening now just means more inflation later, it's kicking the can

The inflation is inevitable, Powell simply decides the WHEN, not the IF
"if Powell eases now he'll repeat the mistakes of Arthur Burns and allow inflation to become a bigger problem"

The reality is inflation is going to be a big problem no matter what, but Powell has the choice to cause economic downturn to delay it
The issue mutli-fold

Massive under investment in energy and commodities for a decade means we are short just about everything we need if the economy is allowed to grow

Investments in expanding supply won't happen unless prices move much higher to make projects feasible
Read 9 tweets
Jan 27, 2023
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
Oct 25, 2022
As the midterms approach, it’s important to remember the @uscensusbureau admitted to significantly over counting in some states and under counting in others

And we all just shrugged and said “well we’ll fix it in 2030”

RI and MN should have one less seat and TX and FL one more
Just crazy to me that in May 2022 with plenty of time to fix the mistakes before this election we didn’t

And not only that, but we aren’t going to fix it for the next 4 elections either

TX and FL are going to be underrepresented in the house for a decade now and MN and RI over
It’s also a potential swing of 4 electoral votes as well

If MN and RI both go blue and TX and FL both red, that’s a 4 vote swing

Hopefully the election isn’t that close & it doesn’t matter. But if it is, then this mistake could actually be a real threat to our electoral process
Read 5 tweets

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