When the silver vault supply increased mysteriously by 300 million ounces, everyone was wondering where the new metal magically came from. It turns out that the silver likely came from a short by Bank of America. Even worse, they have had to double down and are likely short 800 million ounces now… without profits. When these shorts inevitably start closing out, the price can only go up.
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Silver Squeeze is Working, Banks are Stuck Short
In recent weeks, an unprecedented movement has swept through the silver market. Small investors, retail traders, and ordinary citizens have teamed up to take on the big banks and hedge funds that have dominated the financial markets for years. And it seems like their efforts are paying off, as this “silver squeeze” is starting to expose the vulnerability of these institutions.
The concept of a silver squeeze is simple: to drive up the price of silver by buying physical metal and holding onto it, thus squeezing short-sellers who have bet against its price. The movement is reminiscent of the GameStop frenzy that occurred in January 2021, where retail investors banded together to push up the stock price of the struggling video game retailer, causing massive losses for large institutional investors.
The silver market, like many other commodities, has long been manipulated by large banks and financial institutions through complex derivatives and paper trading. These institutions have been able to manipulate prices and keep them artificially low, benefiting from short positions. However, with the rise of social media platforms like Reddit, these retail investors are now organizing, sharing information, and pooling their resources to disrupt the status quo.
The impact of the silver squeeze has been felt across the market, with the price of silver rallying and hitting an eight-year high. But perhaps the most significant result is the exposure of the banks’ vulnerability. As more investors hold onto their physical silver and refuse to sell, banks who have shorted silver find themselves stuck in a precarious position. The demand for physical delivery of silver has surged, stretching the availability of the metal and putting pressure on those who have sold short.
Some speculate that the silver squeeze could trigger a domino effect that extends beyond just the silver market. Precious metals have always been seen as a safe haven investment during times of economic uncertainty. If the silver squeeze persists and the demand for physical silver overwhelms the banks, it could potentially create a ripple effect across other commodity markets, as investors flock to other metals like gold, platinum, or palladium.
Furthermore, the silver squeeze is shedding light on the power dynamics in the financial markets. It exposes the flaws and inequalities that exist within the system, where big players often have an unfair advantage over smaller investors. Retail traders, who were once brushed off as insignificant players, are now able to unite their collective influence and challenge the established order.
While it’s still unclear how this silver squeeze will play out in the long run, it has already demonstrated the power of a unified retail investor community. This movement is effectively disrupting the traditional power structures in the financial industry, creating a more level playing field for all market participants. If successful, it could redefine the relationship between small investors and the big banks, ultimately leading to a more transparent and accountable financial ecosystem.
In conclusion, the silver squeeze movement has gained significant momentum, rocking the markets and exposing the banks’ vulnerability. The collective action of retail traders has driven up the price of silver, causing short-sellers to feel the pressure and potentially disrupting the balance of power in the financial industry. Whether this movement will be sustained and have lasting effects remains to be seen, but one thing is clear — the silver squeeze is working, and the banks are realizing they are stuck short.
2023 4th quarter into 2024 1st quarter
gold $5,300 – $7,000 & silver $70ish is the moon
There might be an economical turmoil but there is no doubt that this is still the best time to invest.
I heard that there won't be bank bailouts this time but instead there will be bank bail ins where the banks will take the money from the accounts in the banks to save themselves !
Its my understanding BoA is leasing the silver and gold from JPM. So how does that work with BoA being short? BoA has a $35 target on silver for 2022
Sure. And like Jay Gould did in 1869, they can buy/bribe as many judges as necessary to squelch their obligations to anyone long.
Heresy financial? That title fits me far better than it does you, and my knowledge is being blocked from reaching the public due to a "peddlers only" policy
so the spooks on Jupiter Island Florida and in Belgravia London and Tuxedo Park NY can sleep soundly—they won't be revealed nor their motto "the
seizure of the wealth necessary" Review of Reviews May 1902 page 557. They just did a number on carrot face Zuckerberg.
Count De La Feld (Delafield family of Bank America) is still laughing in his grave after 1,200 years away from northeast France.
Doubling down on a losing position is straight up gambling.
Great break down of "shorting".
Owning physical silver makes central bankers seethe
Ha haw haw!!! …Really?
SO, BANK OF AMERICA WILL INCREASE THEIR BANKING FEES AND OTHER FEES DUE TO THE RISK MISMANAGEMENT IN SILVER MARKET. IN SHORT, STAY AWAY FROM BANK OF AMERICAS AS A NEW CLIENT AS YOU WILL PAY MORE FOR FEES OVERALL. JAN 31 2022
Thank you ALWAYS for your clarity !!! Excellent !!!
I am looking into buy phyicial metal, can you tell me which broker is good to go with ?
Keep buying silver !! Make them scream !!!
BOFA SHOULD GO TO HELL for what they have done to the silver market.
What if BOA has retail orders for Silver equaling 800million oz at say $28/oz … wouldnt they be shorting Silver right now to buy the physical silver and take delivery for the Retail customers, balance their position and BOA captures the spread in price for THEIR bottom line bank profits?
What would get them is a rather fast move in Silver upward before they could get their hands on the physical delivery?
just wondering and jmo.
Thank You for being on point with your explanation when it comes shorting the “Silver Market” both “Paper” and “Physical”. I watched this video twice, I didn’t quite understand it the first time, so it took a second viewing for me to get some understanding. I have never been able to understand what shorting a stock, or a house, or even a Precious Metal is. But I think I am not the only one, a lot of people don’t understand it, but some do, like yourself. I been stacking “Physical Silver” for a quite a while, Can’t till the price of “Physical Silver” skyrockets, if the futures market allows it to.
I never thought about home buying as a short on the dollar. But always knew that paying the mortgage with inflated dollars meant it cost less. Great explanation Joe. New subscriber, as of the WSS interview. Now I need to catch up.
Thanks Joe! I’ve been getting your emails too…