Tim Pool lays out the argument here, saying Reddit never said to squeeze silver. Fake news is telling you to buy silver in order to bail out Melvin Capital because they own a significant portion of the silver market. https://patriots.win/p/11SKLNM1T7/even-tim-pool-knows-capital-owns/
So I researched it, and even Yahoo agrees that Melvin Capital benefits in a silver squeeze: https://finance.yahoo.com/news/citadel-silver-bet-exposes-rifts-082912706.html
(Specific portion of article posted in comments below)
Citadel Advisors LLC owned about 6 million shares of the iShares Silver Trust as of Sept. 30, equivalent to a 0.93% stake, data compiled by Bloomberg show.
While these holdings may well be related to its role as one of the world’s largest market makers -- the firm also held shares in at least 17 other silver companies and ETFs -- the debate they have caused highlights that traders in the WallStreetBets forum are far from a homogeneous group.
They stunned the world by banding together to fuel epic gains in heavily shorted stocks including GameStop Corp. In the past few days investors have been watching the metal’s rally for clues on the staying power of this David-vs-Goliath buying spree.
Silver futures on the Comex jumped as much as 13% on Monday. That pushed prices above $30 an ounce to the highest level since 2013, but the gains are so far tiny relative to GameStop’s 16-fold surge since mid-January.
A phone call to Citadel’s Chicago office outside regular business hours went unanswered. It’s unclear whether the firm’s holdings of iShares Silver Trust or other silver-related securities have changed since September -- given its market-making role, it is likely they would. Inflows into the iShares trust surged by a record $944 million on Friday as trading in the ETF soared.
And none of iShares silver is REAL silver. They lose if the market gets wrecked.bthey still lose!
The only person talking about actual silver here is you, because you're in your own little world where nobody else cohabitates.