Page 1
Page 1
Started By
Message

Who has enough money to "short"/"sell" like this?

Posted on 4/14/23 at 5:16 pm
Posted by nuwaydawg
Member since Nov 2007
2128 posts
Posted on 4/14/23 at 5:16 pm
According to the Silver Comex there is only 35,000,000 oz. eligible to be sold. Almost 4x that was sold in one hour.


Posted by lsuconnman
Baton rouge
Member since Feb 2007
4490 posts
Posted on 4/14/23 at 5:54 pm to
(no message)
This post was edited on 9/13/23 at 1:16 pm
Posted by whiskey over ice
Member since Sep 2020
3693 posts
Posted on 4/14/23 at 6:31 pm to
AncientTiger
Posted by Upperdecker
St. George, LA
Member since Nov 2014
32759 posts
Posted on 4/14/23 at 7:24 pm to
Physical silver is not equivalent to paper silver
Posted by I B Freeman
Member since Oct 2009
27843 posts
Posted on 4/14/23 at 7:45 pm to
The Hunts cornered silver back in the early eighties
Posted by MrSpock
Member since Sep 2015
5072 posts
Posted on 4/14/23 at 8:37 pm to
quote:

Who has enough money to "short"/"sell" like this?


quote:

The derivatives market is, in a word, gigantic—often estimated at over $1 quadrillion on the high end. How can that be? Largely because there are numerous derivatives in existence, available on virtually every possible type of investment asset, including equities, commodities, bonds, and currency. Some market analysts even place the size of the market at more than 10 times that of the total world gross domestic product (GDP).
Posted by slackster
Houston
Member since Mar 2009
91362 posts
Posted on 4/15/23 at 12:33 am to
quote:

According to the Silver Comex there is only 35,000,000 oz. eligible to be sold. Almost 4x that was sold in one hour.


Are you trying to compare physical silver to silver futures contracts?
Posted by Decisions
Member since Mar 2015
1604 posts
Posted on 4/17/23 at 5:29 am to
My money would be on one of the major banks. JP Morgan had a billion dollar fine a year ago for spoofing the gold market for years.
first pageprev pagePage 1 of 1Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on X, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookXInstagram