The biggest short squeeze in the world?, page-4304

@Skol Currently the worldwide retail demand for silver is tapping pretty much all capacity it can. Takes a while to grow that sector. But $5 would likely mean a lot more humble retailers could afford and source 1000oz bars and hence destroy the future markets even quicker by taking their only supply.

This is why the paper market insanity going on is hilarious to watch. It makes the REAL WORLD silver, the physical stuff that actually exists and can't be printed even rarer and harder to get. The silver bugs can buy more ounces, and more will be seeking 1000oz bars at $19 than $25. The mines who needed higher silver prices to survive the massive inflation in the last year will close or pause and there is even less supply then. Diesel is a massive cost for miners and that has increased even higher than the normal 20% inflation, with expectations its going even higher.

They are killing their supply of silver whilst the demand is rocketing. Fundamentals skolly. Bring it on I say.