Thread by @ThHappyHawaiian

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

BTW

Jeff Christian, a guy who silverbugs typically don’t get along with, says there is roughly 2-2.5 billion ounces in deliverable form and another 3B or so in smaller bullion form globally

And he always argues against the notion of shortage or squeeze potential

Just pointing out what blatant lie Jeff Currie said on TV and podcasts multiple times

For the head of commodity research he seems to know nothing about silver

He also claimed copper was the “most conductive metal on the periodic table of elements”

But that’s actually silver

So the guy CNBC and Bloomberg trust the most either has no idea what he’s talking about, or has sinister motives regarding silver

Idk which but it’s sad the misinfo that gets out there

And I would be remiss to not also mention @TheLastDegree

He posted #silversqueeze first on WSB

My post simply blew up more on Reddit and got media attention, but his was first!

I didn’t have a Twitter yet but I’m told he got #silversqueeze trending here as well

So many have played a big part in the movement since

It’s been fun getting to know a lot of you!