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To: BiglyCommentary

Yeah, you’re blowing smoke now.

The spike will be by (if they know enough of what they’re doing and aren’t distracted by catcalls to stay with GME, spread into other shorts, or enter into contracts on paper) insisting on physical delivery in the near term.

The increase in production is not always certain nor rapid, as it takes time to ramp up new (by definition, of marginal profitability) sources; and then of course there’s the problem of, once the price goes down, they’re operating at a loss again.

The problem is that the spike in demand is not a secular trend, the way demand for fossil fuels are. Tesla and industrial uses of silver notwithstanding.


218 posted on 01/31/2021 6:32:00 PM PST by grey_whiskers (The opinions are solely those of the author and are subject to change with out notice.)
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To: grey_whiskers
insisting on physical delivery in the near term

And who exactly is going to do that?

219 posted on 01/31/2021 6:42:07 PM PST by BiglyCommentary
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