Honza Černý Profile picture
Oct 7 11 tweets 2 min read Read on X
🧵1️⃣
💥 Huge drop in London silver “free float” — and a perfectly timed paper dump.
LBMA just released their September data, and the numbers are… interesting.

Let’s break down what’s really happening 👇 Image
2️⃣
According to LBMA, silver inventories in London fell by 65 metric tons in September.

At the same time, ETFs and ETCs added 824 metric tons of silver to their holdings.

That’s a net drain of 888 tons of real silver from the system.
3️⃣
Yet, somehow, the price chart shows a “natural” sell-off right after.

Totally normal, right?

Just another coincidence that paper markets crash exactly when physical disappears. 😂
4️⃣
LBMA claims all silver in their vaults counts as “free float” — even the ounces owned by ETF investors or private holders who have no intention of selling.

But let’s be honest — that silver isn’t “floating.” It’s locked away.
5️⃣
So the real “free float” — the silver actually available for trade — is much smaller than LBMA’s official numbers suggest.

It’s like counting everyone’s savings account as “money in circulation.”
6️⃣
This discrepancy is becoming critical:
LBMA’s own data show only 3,429 tons left of “free float.”

That’s less than a year’s worth of global industrial demand for silver.
Tick. Tock. ⏳
7️⃣
If this trend continues, London could face a run on physical silver —
where buyers demand delivery, and the vaults can’t keep up.

That’s when paper illusions start to crack.
8️⃣
Remember: the LBMA and COMEX can print contracts infinitely.

But they can’t print ounces.

When the music stops, the only thing that matters is who actually holds the metal.
9️⃣
And for those who think this is tinfoil talk —
LBMA has a long history of “revisions”, “adjustments”, and outright market manipulation cases.

So yeah… nothing to see here. 🙃
🔟
“Free float”? More like “free fall.”

Every paper dip is just another test —
to see how many stackers still have diamond hands. 🪙💪
#SilverStacker #SilverSqueeze #StackerLogic #LBMA #COMEX #PhysicalSilver
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More from @honzacern1

Oct 7
🧵 1️⃣

Something big just cracked in the paper silver market.

SLV borrow fee: 9.82 %
Available shares: 0
LBMA inventories: collapsing.
They call it market structure.
We call it a warning shot. ⚡️
2️⃣

When shorting SLV costs almost 10 % a year — it’s not “liquidity tightening.”

It’s fear.
No one wants to lend the paper.
Everyone wants to hold the metal.
“You can’t short what doesn’t exist.”
3️⃣

Look closer.

LBMA’s “free float” dropped by another 65 tons.
ETFs absorbed ~900 tons.

In other words — paper promises are being swapped for real ounces.

That’s a quiet bank run — just in silver.
Read 9 tweets
Oct 7
🧵 “3:15 AM Silver Slam”

1️⃣
🚨 Blatant 3:15 AM TAMP on #Silver futures.
~24.8 M oz dumped in 15 minutes — price hit $47.58 then bounced to $48.08.
And yet… it barely dented the chart.
Who sells 24 million oz at 3:15 AM? 🤔

👉 Same old Bankster game, but result? Image
2️⃣
These aren’t real ounces.
They’re paper contracts on COMEX — each representing 5,000 oz that don’t exist physically.
At 3 AM liquidity is lowest — perfect time for algos to slam the bid and trigger stop-losses.

💥 Pure price rigging.
3️⃣
Who benefits?
🔹 Bullion banks (JP Morgan, HSBC, Citi…)
🔹 HFT algos set to "defend" the dollar
🔹 Short funds that reload after panic sells

They dump paper to scare you out of metal — then buy it back cheaper.
Read 5 tweets
Oct 6
🧵1️⃣
RETAIL ALERT from Josh Philip Phair, President of (Mike Maloney’s company).

He just said he’s never seen so many 7–8 figure retail orders in one day.
That means millions — even tens of millions — flowing into physical gold & silver.

👇GoldSilver.com
2️⃣
Premiums are rising fast.
Secondary gold inventory is drying up.
And silver… following the same path.

The physical squeeze is now visible in real time.
3️⃣
When insiders at one of the biggest precious metals dealers call it “unprecedented,”

…it’s not noise.
…it’s signal.

Retail is moving first — before institutions wake up.
Read 8 tweets
Oct 6
🧵1️⃣
🚨 SILVER ALERT 🚨

The game just changed.

The cost to short $SLV — the world’s biggest silver ETF — exploded from ~2% to 6.9% overnight.

And guess what?
Only 8,000 shares left to short.

Something big is breaking beneath the surface. 👇
#Silver #SilverStackers Image
2️⃣

When the borrow fee (CTB) triples, it means one thing:
➡️ Shorts are trapped.

They have to pay through the nose to borrow shares —
because there are barely any left to borrow.

That’s not just a number.
That’s scarcity screaming. 🧨
3️⃣
In simple terms:

When the paper guys want to play games with silver, they have to borrow SLV shares.

Now there are no shares to borrow.

Which means:
➡️ The system is choking on its own leverage.
➡️ The paper tail can’t wag the physical dog anymore. 🐾
Read 9 tweets
Oct 6
🧵1️⃣
Everyone’s asking:
“Why is it taking so long for the US to declare #silver a critical mineral?” 🤔

Let’s break it down — and compare it to how lithium became “critical.”

Spoiler: it always takes 5–6 months after the comment period closes. 👇 Image
2️⃣ The silver draft list

🗓️ Published: Aug 26, 2025

Public comments closed: Sept 25, 2025

Now USGS & the Department of the Interior are reviewing input from agencies, industry, and the public.
Next step → Final Rule in the Federal Register.
3️⃣ Historical precedent: Lithium (2017–2018)

Draft list: Dec 2017

Comments closed: Jan 2018

Official “Final List”: May 2018
⏱️ ≈5 months total from draft to law.
Lithium became strategic overnight — and started the battery revolution. ⚡🔋
Read 9 tweets
Oct 6
1️⃣Some people calling TOP when #silver aims for $50/oz.
🤣

Guys, we’ve been there — back in 1980.

And guess what?
Everything has changed since then…
Except the price. 👇🧵 Image
2️⃣ Population
1980: 4.4 billion
2025: 8.1 billion
➡️ +85% more humans using electronics, EVs, solar panels, servers...
Each of them needs silver. 🌍
3️⃣ Money supply (US M2)
1980: $1.5 trillion
2025: $22.2 trillion
➡️ That’s a +1,380% expansion of fiat liquidity. 💸
And people still think $50 silver is a “ceiling”? 😂
Read 11 tweets

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