Thanks again for your analysis and explanation regarding the massive amount of shorts and their upcoming dilemma. It makes me happy to watch market manipulation finally receive karma and if the big players in these shorts do suffer some big losses on silver, may perhaps be the start of the contagion that leads to my long awaited correction for the Fed manipulated SPX.
Eye opening analysis, J, thank you for explaining aspects ignored by the vast majority of analysts. Interesting times indeed. Look forward to your net piece!
It seems paper holders could be badly hurt in this scenario. Would you please explain how much concern you have about GLD and SLV type holdings as this shakes out? Are mining stocks the only way to play this for those who can't stack physical now? Great analysis and writing. Thanks!
The issue with GLD and SLV is that they can be included in the category of paper silver. They do not promise or guarantee to hold allocated silver and gold the way Sprott's PHYS and PSLV do.
Though GLD and SLV are probably not the first products that will fail, there is an element of counterparty risk that you don't face with bullion or miners. That may not matter so much in ordinary times, but in the coming global financial crash and reset it will.
Not yet as I am predominantly a macro analyst, but I do invest in individual mining companies and I hope to write some pieces on that topic, but I don't go super granular in terms of geology, drilling results, etc. That's out of my wheelhouse.
After years of positioning, stacking, perhaps moments of doubting the general thesis, etc., we are at the event horizon and about to enter the singularity. The world we thought we knew will soon cease to exist.
Superb commentary. Thank you
Thank you! More to come :)
Thanks again for your analysis and explanation regarding the massive amount of shorts and their upcoming dilemma. It makes me happy to watch market manipulation finally receive karma and if the big players in these shorts do suffer some big losses on silver, may perhaps be the start of the contagion that leads to my long awaited correction for the Fed manipulated SPX.
My pleasure! Yes, I love to see justice served.
Eye opening analysis, J, thank you for explaining aspects ignored by the vast majority of analysts. Interesting times indeed. Look forward to your net piece!
Thanks, Paolo! I’m just getting started :)
It seems paper holders could be badly hurt in this scenario. Would you please explain how much concern you have about GLD and SLV type holdings as this shakes out? Are mining stocks the only way to play this for those who can't stack physical now? Great analysis and writing. Thanks!
The issue with GLD and SLV is that they can be included in the category of paper silver. They do not promise or guarantee to hold allocated silver and gold the way Sprott's PHYS and PSLV do.
Though GLD and SLV are probably not the first products that will fail, there is an element of counterparty risk that you don't face with bullion or miners. That may not matter so much in ordinary times, but in the coming global financial crash and reset it will.
And thank you! Much more to come.
Thank you Jesse, much appreciated 👍, keep up the great analysis.
Thank you, Jason! :)
Do you offer individual company research and analysis in your premium service?
Not yet as I am predominantly a macro analyst, but I do invest in individual mining companies and I hope to write some pieces on that topic, but I don't go super granular in terms of geology, drilling results, etc. That's out of my wheelhouse.
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Yes, it's very exciting!
After years of positioning, stacking, perhaps moments of doubting the general thesis, etc., we are at the event horizon and about to enter the singularity. The world we thought we knew will soon cease to exist.
Well said! We are heading into "interesting times," as the Chinese would say.
Brilliant piece and the analysis is very well laid out. Silver surely is on a breakout mode.