I’ve been a member of WSB for a year or so. I’ve enjoyed seeing their crazy bets, both wins and losses. They will beat the hedge funds with GameStop...but now, the media is saying there is a silver shortage.
All the sudden, you can’t purchase silver. NO ONE on WSB has been talking about silver at all until the media started saying there was a shortage.
The issue is, is that many banks are backed by silver. If they successfully did to silver, what they did to GameStop, it would crash the economy completely.
They would use this to pass insane regulations and use it as the final push into full blown communism. They would then completely blame us, and the WSB community, who they relate to us. They have already labeled us terrorists. They have already used a fake pandemic to tank the economy, do you think they wouldn’t purposely get a bubble to burst on silver to tank the economy and fuck the people?
Think about who invests in silver as well as gold? The majority are the long term, safe, conservatives. The same republicans that are made at people for protesting at the capital and also labeling us enemies. It would completely split the party in 2 even more so cause they will blame Trump supporters.
TLDR: Media is pumping silver to create a fake shortage to tank the economy to blame Trump supporters and throw us into full blown socialism.
Not a bad theory. This whole thing is hard to navigate. So much information coming in, and most of us so foreign to the material that it's hard to know what to believe.
look up ted butler
op’s theory is retarded
the long term naked shorting of silver futures contracts (selling short more ounces of silver futures than total annual global minimg production) month after month year after year has created a house of cards that will fall with sustained retail demand for physical silver
not stocks
not etf’s
physical silver in your hand
as demand increases, the crooked actors (central banks via their corporate proxies such as jpmorgan etc) who also hold the largest physical position, will sell their stores to keep the price down
but as the demand increases beyond their stores they will have to begin covering their shorts
this is catastrophic
it will destroy their stranglehold on our lives
it will not “hurt the economy”
it will shift the paradigm to sound money
I like to call it a fractional reserve for silver. How much paper silver can a bank sell for the given physical silver it has on hand? 10x? 100x? In this case, it is better that we call it a run on silver.
Now, granted, maybe fractional reserve silver is illegal, but the same fiction can be constructed with continuous rollover of naked shorts. Much easier to explain as fractional reserve, IMHO