The biggest short squeeze in the world?, page-4559

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eztrang

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07/10/22

20:25

Post #: 64092609
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Originally posted by happybear45: ↑

@eztrang"So, based on your "research" when can we expect to see silver going to the moon?"Depends on which moon you are talking about. Silver is only going to do that in the short term (in USD) if the financial status quo somewhat remains. Which I am contemplating near daily about the chances of such even happening. There is a lot of disinformation in regards to the war, the potential of it becoming global, or nuclear, etc. Oil prices, inflation, recessions, lockdowns, etc. But say financial status quo remains similar to now, the futures markets will not be able to function within 2-3 months if the same silver withdrawals keep happening and as such we should have a "silver moment" so to speak around that time.

I expect if COMEX keep dropping daily like they have been and the September LBMA vault holding report is as bad as prior months we should start to see higher silver prices continue to that final tipping point in 3 months. It could be sooner as moves may be made before they are completely out to take advantage of it. You can look at that data, look at the trend lines and come to the exact same conclusion, it is easy to make this prediction now because so much public facing data supports it. What is your prediction?

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"futures markets will not be able to function within 2-3 months if the same silver withdrawals keep happening"
And if the withdrawals slow or reverse?

"which moon you are talking about"
For this discussion, let's say US$30/Oz. I think that was the short-term target of the silver bulls when this
thread started nearly 2 years ago.

"What is your prediction?"
I predict that COMEX will not run out of silver, and there will be no short squeeze.
I prefer not to make price predictions, but I doubt it will be much higher 3 months from now.
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The biggest short squeeze in the world?, page-4559

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