Discover and read the best of Twitter Threads about #realpricediscovery
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I love the hashtag #silversqueeze. It awakened a young generation to Silver. But at the risk of drawing fire, is it time for a rebrand? @S_Mikhailovich called me out on this, quite fairly pushing for #realpricediscovery. My logic to follow
People joining #wallstreetsilver and the movement very quickly understand that this is about ending price suppression. In a shortsqueeze, forcing the shorts to buy higher is a temporary thing, before the shorts cover and price comes back down. Perhaps slightly higher.
For silver it's about multiple claims on the same asset. It's about overly leveraged positions. Perhaps a desire to keep the price down to make inflation seem under control. As a commodity it's clearly underpriced with more demand than supply. Low prices create this deficit.
