This has been given a nod by Don Jr. That changes the calculus a little. But I still think will mainly work to herd more money towards the biggest banks.
>JP Morgan, Chase and Goldman will dump on the market and destroy the price.
Why would they want to do that? Wouldn't it be better to SELL it to the Redditors at the higher prices that the Redditors are trying to create?
>The hedge funds are LONG silver NOT short silver.
Where does one see what positions various hedge funds hold?
>as soon as that's possible
It is possible. It has been done. But it cost many magnitudes more to produce (particle accelerators and the electricity to run them) than than the microscopic amounts produced are worth.
>Learn their scam. BUY AND HOLD AMC / Gamestop
I'm not touching any of this shit with a 29.5' pole.
Suppose they manage to wreck the hedges who shorted GME, AMC, and silver. Who is left holding the money being dumped into Wall Street after prices crash back to normalcy? Not us.
>The retail market has been stripped clean for the moment (expect big premiums for actual physical when it returns) but the paper price is still very much under control of the big guys.
Expect a very long lag. Spot prices won't move much (other than via self-fulfilling-prophesy) until the retailers order more than usual from the mints, and the mints order more than usual from the commodities middle-men.