%% Bunker + Bro Hunt kept buying cash silver, front month silver. And may have shown some of their mid east oil partners some silver charts to help the trend?? Good trend THEY MADE several big mistakes mostly ignoring the exchanges corner concerns..... I look @ SLV, local silver markets=fair, mail order cash bid ask price, AGQ, front month.... A SLV close over $28 or 30 would be a good trend maybe. Took profits on SPYG,early its still going up /cut loss on TECS.TECS = sqqq may close up good in FEB, but i dont have time to add to it today
Silver might be different from GME. If the physical market is seeing a huge demand and trading at a considerable premium to the futures market and is expected to stay at a premium for some time (Basically when futures expire & delivery happens), this can be an excellent arbitrage for some between the (cheap) futures and the (expensive) physical. The short squeeze happens not because the price is going up, but because shorts will fear the risk of delivery, because they don't know the intentions of the longs on the other side and furthermore, they know very well that they can't deliver against their shorts. It's a forked situation for the shorts here. The only way out is to actually flood the physical market and drive the physical price down thus killing the arbitrage opportunity.
I've heard the big boys (whoever they are) could just take physical delivery (hold it in a vault). Wait for a correction, then sell into the market. It will break the squeeze...A headache, but will work. PS I'm a silver miner...Say let's add on another shift for a few weeks.
%% Thats what Bunker + Bro Hunt were doing [cash silver buys] /but also buying front month silver ;+ maybe asking thier mideast oil friends to buy also. BUT They NEVER took profits/partial profits even when warned by the exchange to stop the corner. The NY regulators bankrupted them but they still have thier oil co trust. One silver miner ETF was up about 100% last year......................................................