Regarding the #silversqueeze to those people that hate hedge funds and want to take them and the big banks on. First, I was a big supporter of Ron Paul in 2008, and his New Hampshire Campaign Chair in 2012. I quit a lucrative business to make $100/year as a NH State Senator.

I've made sacrifices to fight the establishment and I believe in freedom. The last thing I would ever do is take part in any movement that is helping the establishment more than the people. But I strongly support the #silversqueeze. The $ is going down, and we need gold/silver

First, after decades of the big banks being short silver/gold, some (not all by a long shot), have switched long. So yes, if silver goes up, they will benefit. They see the writing on the wall for the US $.

If that bothers you, let me ask where you were the last decade? Like @LawrenceLepard I stayed long gold silver since 2007. Folks that stayed long were lonely and financially hurt. Meanwhile the banks profited. It kills me that some have flipped long.

Question now is do you want to wait until they all flip long? I sure don't. Some of us have been shouting for years to prepare for this moment. Meanwhile some banks have been using the recent gold/silver weakness to accumulate. They scared or distracted retail.

The silver market is dominated by extreme leverage of paper to physical positions. And the banks are trying to de-lever their paper positions and get physical because of new regulations (Basil 3). Don't let them! Get it for yourself before it is gone!

SLV is very likely part of the paper market, i.e. holds at least some portion of their holdings in unallocated form. But this is not the #slvsqueeze, it's the #silversqueeze. So if a hedge fund you hate holds SLV, who cares? Buy PSLV (fully allocated silver) or physical coins.

If people are right about SLV having unallocated positions, then drying up the physical market will hurt hedge funds holding SLV. If people want to do options on SLV for leverage, that's fine, but HODL PSLV and physical.

While the total market size of silver is large, the available silver for investment is tiny. This can be done! Price will be reset higher with or without us, question is will you be holding, or will you let it be the banks and hedge funds holding?

A nice graphic from @TheLastDegree which succinctly makes the same point. https://twitter.com/TheLastDegree/status/1355987949524021249?s=20