Hey @wallstreetbets
THE PAPER SILVER MARKET [SILVER SHORTS] IS 250 TIMES THE SIZE OF THE PHYSICAL SILVER MARKET (IMPLIED TARGET OF A SHORT SQUEEZE IS $5,000 PER OZ)
So now WSB is trying to pump silver to get hedge funds in trouble.
Hey @wallstreetbets
THE PAPER SILVER MARKET [SILVER SHORTS] IS 250 TIMES THE SIZE OF THE PHYSICAL SILVER MARKET (IMPLIED TARGET OF A SHORT SQUEEZE IS $5,000 PER OZ)
So now WSB is trying to pump silver to get hedge funds in trouble.
Is this a possible scenario for gold?
Gold is a 10 trillion market cap compared to maybe 400BN for silver (assumes 15 BN ounces above ground). Gold should move a little in sympathy.
I have 2,000+ ounces. Let's get the ratio to 10 to 1 and I'll happily swap for 200 ounces of gold let's go robinhood!