An unfortunate uptick to back above $22 today. Hopefully they can dump a year or two of silver supply on the futures market and get us below $20 soon. It took them 400M oz of paper silver dumping (50% of yearly mining supply) to drop $1.
COMEX in total have 360M oz, of which only 100M oz is available to be traded for actual silver. Yet 400M was dumped the other day, and 1000M oz was dumped the other month in a single one hour period of time. The disconnect between the very limited silver supply and how much paper is traded to suppress it is quite funny.
All one has to do is keep buying the very limited physical silver at these discounted rates to see this "market" collapse in on itself. We are nearly there folks.
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The biggest short squeeze in the world?, page-3158
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