Posted on 07/14/2025 7:07:32 AM PDT by delta7
If I'm not mistaken, 483 million ounces of silver were sold yesterday, within an hour, in an effort to stop this breakout in silver. This short position is now completely underwater, which means that whoever sold those ounces was either an extremely bad trader, or had no intention of making money in the first place. And since 483 million ounces is 57% of the annual mine supply, I'm assuming there is no physical silver to back this position. This amount is not available for sale, anywhere.….
“Those US Strategic Silver Bars and rounds carry about a twenty percent plus premium over spot.”
So, you lose 20% as soon as you buy?
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