Silver is ready via /r/wallstreetbets #stocks #wallstreetbets #investing


Silver is ready

The weak longs are shaken out, the bands are opening, the market is dumping, and the printers are still brrring.

The last squeeze attempt was a half-assed distraction, but Silver is very much ready to move now with a perfect storm setup.

Note the lack of dips today as covering started. The potential is huge here as physical shortages start to produce mass failures to deliver. I recommend PSLV shares, but anything with a decent amount of time should print.

Positions: Long 1 x /SI, a bucket of PSLV shares, and 3/19 SLV calls

Submitted February 22, 2021 at 11:09PM by BromicRibose
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