WallStreet Bets Pushing Silver to $1,000?Is it possible that the biggest short squeeze in the world could take $SLV silver from $26 to $1,000? The Silver Bullion Market is one of the most manipulated on earth. Any short squeeze in silver paper shorts would be epic. We know bullion banks are manipulating gold and silver to cover real inflation.
Both the industrial case and monetary case, debt printing has never been more favorable for the No. 1 inflation hedge, Silver.
Inflation adjusted Silver should be at $1,000 instead of $26. Why not squeeze $SLV to real physical price? Short hedgers are now under warning that they can be wiped out by private investors banding together, as they did with Gamestop.
I remember the famous Hunt Brothers effort to corner the silver market back in 1980. Silver hit a price of $50 an ounce. Today, the CPI is up about 5 times since 1980, so that the $50 is more equivalent to $250, and silver is sitting here at $26.