This weeks #silver slam appears to be the result of more naked shorting. The bankers just cant help themselves, they are stuck because the #Comex price is too low. Producers aren’t interested in selling their physical so cheap. X post by MBAeconomics @MBAeconomics1

That’s a problem for the bankers because they need physical eventually to cover their shorts.

This is part of my silver price floor thesis.

The floor itself is meaningless, the entire point is to give the Comex the reputational cover to allow the bankers the cash settle their shorts.

The bankers need a bailout before the price of silver rises, otherwise the price of silver would squeeze to infinity and the bankers losses would be in the hundreds of billions.

I will add, in the event of a #gold revaluation, the silver price floor might not even be necessary. A gold and/or silver force majeure would be reasonable if the government revalued gold, because it’s so closely related to silver, it will cause silver to also rise significantly.

Link to source: https://x.com/MBAeconomics1/status/2066103942883188847?s=20