OBTW: Hedge funds are screaming today as GameStop has moved from a 17 USD to over $320.00 uSD since 1-11-2021. Some hedge fund operators have been SHORTING the stock up to 140% in trying to control this Robinhood & Reddit darling and are getting their asses handed to them.
Now Big money wants the regulators to step in. Where were their cries when THEY were shorting Exxon ?, BoA ? and many others to the detriment of seniors and their retirement accounts ? LMFAO
- going long futures for February or March; if you are a rich bastard and can actually take physical delivery of 1000s of ounces of silver by all means do so. But if you simply settle for cash you are actually part of the problem. We need actual physical delivery, which is what SLV demands and is why SLV is the way to go unless you are going to take delivery.
A really great post, but I seem to recall that when SLV, COMEX, etc, historically deal with contractual demands for physical delivery, they will provide very generous cash settlements, and I expect this time to be no different.
Further, if taking down SLV was the original game plan, then the reddit bros totally blew their cover with the GME exploits.
Now they are going after the REALLY BIG BOYS, and they have shown their cards.
After seeing how corrupt every aspect of society has become, primarily due to the banksters, now the same bankster cabal is just going to roll over and say, "you caught us, we give up!"
I don't think so.
I would very much like to see PMs reach their true values, but I just don't see this plan working out.