iShares $SLV went from 18,722 to 19,301 tonnes in one day based off last week volume. How much do you think they will have by Wednesday off the volume today? For reference there is only estimated 93,312 on the Earth. The #silversqueeze is real.
As know this is just one fund. $PSLV has another 3,079 tonnes. I estimate today based off the volume of these two funds alone we purchased another 9,487 tonnes. All together is 34% of all the silver on the earth.
This excludes the physical silver held by individuals (salute to you!) and industry. When you consider this physical silver being taken out of circulation you can see the similarity to the GME short. There is a very high percent of short compared to the float.
Today we did about 10% gains and high volume, but takes two days to settle the physical. Tomorrow you can buy in before the whole price effect of today hits the system. We know in two days time it will be higher than today based off the volume. We have the momentum.
Finally, please ignore the comments about this is a false flag by the hedge funds. Citadel owns very little of the total amount of the fund. In total the large investors own about 8%. This is not a good enough reason for us to ignore this once in a lifetime opportunity.
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