Of the 1,740,000 metric tons of silver discovered to date, 55% is found in just four countries on earth. All the silver discovered thus far would fit in a cube 55 meters on a side.
I would not be surprised if this idea was not seeded by Warren Buffet himself.
the obvious problem is that there is A LOT of silver available in the world and there might be a lot of shorts, but there's also plenty of held shares to down ladder whenever you want until it all blows over
There was only 60 million shares of GME on the market and 20 million more that GME had prepared for sale (80 million shares total).
Short sellers had already shorted 75 million shares.
If people buy and bury enough shares, the fund would be forced to buy shares at whatever price.
It’s called a lot of silver exists.
Of the 1,740,000 metric tons of silver discovered to date, 55% is found in just four countries on earth. All the silver discovered thus far would fit in a cube 55 meters on a side.
I would not be surprised if this idea was not seeded by Warren Buffet himself.
the obvious problem is that there is A LOT of silver available in the world and there might be a lot of shorts, but there's also plenty of held shares to down ladder whenever you want until it all blows over
There was only 60 million shares of GME on the market and 20 million more that GME had prepared for sale (80 million shares total).
Short sellers had already shorted 75 million shares.
If people buy and bury enough shares, the fund would be forced to buy shares at whatever price.
Apple and other electronics companies cannot afford silver to be too expensive.
Your double negative is confusing me!!!! Hahaha