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Oct 14 5 tweets 2 min read
(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.
(4/5) #China is back in stimulus mode, and central banks are starting to express concern about the tightening cycle.
(5/5) Speculators are short and sentiment is in the dumps. Unlike the #silversqueeze two years ago, the construct is in place for a durable, unprecedented rally. A small hedge fund could wipe out the remaining registered inventory on the COMEX. Get ready!!

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More from @j16425646

Sep 12
#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

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