Black swan event Having had a few days to process this event and listen to many opinions on the silver short squeeze, I've developed a thesis.
Gamestock is proof of concept that the little guy can outsmart the hedge funds.
Wednesday night shorting silver starts circulating on WSB and the wider silver community
the Following day robinhood forced to stop normal trading in these WSB names
Friday limits of shares purchase amounts on robinhood
the mention of shorting silver with the 70 billion dollar loss by hedge funds has scared those at the top of our financial system
the last 48 hrs everyone has been discussing buying physical metal If this continues and the snowball grows there will be shortages in the coming days to weeks As David Morgan mentioned yesterday it only takes ten million people spending $2500 to purchase all the silver mined annually
these Reddit WSB group have made billions of dollars on GameStop and other shares Plus probably billions on Bitcoin They have tones of $$ a dislike of big banks and the system that enriches few while impoverishing many
when they react in the coming days to limits on their trading and whatever else is imposed regulation wise, this has the potential to be as big or bigger that 2008 crises
There is a lot of ceos from solar companies, electronics manufactures, every industry that relies on silver to produce a product, that are unnerved I think we will soon find out what they are whiling to pay for an ounce of silver
in my humble opinion this current week may be taught in university financial classes of the future The black swan event as it has the potential to break part of the financial system.
my thoughts for what they are worth