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posted ago by TwistedSister ago by TwistedSister +30 / -2

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)

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Surfsup 1 point ago +1 / -0

What? Melvin capital maybe some silver buy they will benefit very little. Melvin may holds paper longs but a small percentage of overall longs. Silver shorts are all still on the line. If the physical market implodes they get closed out while physical holders enjoy the biggest blast off ever. Paper longs will miss out because you cannot convert paper into real silver. Sheesh

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TwistedSister [S] 0 points ago +1 / -1

I really hate it when people feel compelled to comment when they haven't even read the article.