1️⃣
Ed Steer just dropped a bomb:
The short position in $SLV is now equal to 10% of global annual silver production.
83.86 million troy ounces shorted.
Up 54% in two weeks.
All that paper silver... with zero physical metal behind it.
But hey — “trust the process.” 🫠
2️⃣
There isn’t a single ounce of real silver backing those 83.86M shorted shares.
Not one.
It doesn’t exist — and it never will.
This is what happens when financial alchemy replaces metal with promises.
3️⃣
And the irony?
People still think inflation is the problem.
No, my friend — the problem is that reality itself is leveraged.
4️⃣
Most people are still asleep, scrolling through nonsense and believing paper wealth means freedom.
Meanwhile, a few of us are quietly stacking real money — the kind you can hold, not the kind that vanishes when a server crashes. 🥈
5️⃣
We’re still in the preparation phase.
The window is open — for now.
The only ones who can shorten this timeline are India, China, and the physical buyers who are slowly draining the vaults dry.
6️⃣
When this paper castle collapses, it won’t be gradual.
It’ll be instant.
No warnings. No second chances.
Just a silent “404: Silver not found.”
7️⃣
So keep stacking. Keep thinking.
While the world sleeps — we prepare.
Reality: something far bigger is happening behind the curtain — a reset of power, leverage, and trust.
3/ While the world cheered “capitulation,” China quietly:
– tightened capital controls,
– accelerated rare-earth stockpiling,
– opened yuan settlements across BRICS banks,
– and recalibrated energy routes — slowing Russian flows while signing Gulf deals.
Translation: not backing off Russia, just rebalancing risk. ♟️
1/ China just shut down three Shuibei gold/jewelry companies — accused of running a “casino”: quasi-futures, high leverage, paper contracts with no physical backing.
Translation: paper games are being squeezed. 🧯
MANY THANKS TO: @oriental_ghost
2/ The model under fire? “Pre-pricing” + OTC margin bets sold as “gold trading.”
Minimum deposits as low as ~2–3% to lever up. When spot moves, retail gets wiped, platforms scramble, and systemic risk leaks into the real economy.
3/ Regulators finally called it what it is: gambling.
Depending on “hedging/manipulation,” cases can be charged as illegal business ops, gambling, or operating a casino.
That’s not a slap on the wrist — that’s a paradigm check.
2/ Auto loans: Americans’ car-payment trouble keeps climbing. A new study finds 60-day auto delinquencies up ~50% vs. 15 years ago; about 1.6% of all auto loans were 60+ days late in July ’25.
Subprime is far worse.
3/ In January ’25, 6.6% of subprime auto borrowers were 60+ days late—the highest in decades, per Fitch, as record car prices + high rates bite.