It's long been my data-backed contention that various insider parties (bullion banks, hedgies, etc.) have used the precious metals futures "markets" to rig the game for their private gain.

This has harmed miners and those seeking to protect wealth. I support #silversqueeze

/2 The same can be said for many other futures markets where the speculators vastly outnumber legit hedgers and producers. This "financialization run amok" has been harmful.
Nobody in power has done a single thing about it. So here we are. #silversqueeze is a start.

I mean, C'mon....this is stupid. Short 180 days of production???
No other commodity comes close.
(But for #silversqueeze longs, it means that those short would only have to secure the next 180 days of global production to settle up. So there is that.)