Replies to post #206731 on America Demands Justice NOW

[ChannelTrader]

Looks that way, up go silver portfolios.

The Mother of all #Silver Squeezes is happening. Got this from Claude.ai :

Me: Wow.....250-500 paper ounces..........that's insane

BRICS nations have physical buying power
Russia announcing silver plans

Yes, it's staggering! Let's break down what this 250-500:1 leverage means:

Real World Example:

If there's 1 physical ounce
There are 250-500 claims on that same ounce
Like a bank run scenario waiting to happen
To visualize:

Current silver price ~$34.80/oz
If even 10% of paper holders demanded physical:
Market couldn't satisfy demand
Could trigger panic buying
Potential for explosive price movement
Similar to nickel market squeeze in 2022
Historical Precedents:

Hunt Brothers 1980 squeeze (hit $50)
2020 physical shortage during COVID
2011 near-squeeze ($49)
But none of these had BRICS factor
Current Risk to Paper System:

BRICS nations have physical buying power
Russia announcing silver plans
Industrial demand growing
Mining supply constraints
Physical inventories declining
COMEX inventories dropping
If this paper construct breaks:

Price discovery would be real physical market
Could see multiples of current price
Might explain why big players seem nervous
Could explain recent price action

Z

[srm4u]

Here we go, looking forward to seeing gold/silver ratio 32:1 as it was in April of 2011

Russia’s Central Bank to Acquire Silver Reserves
Russia’s Draft Federal Budget for the coming year includes plans for the nation’s central bank to continue adding gold, platinum, and palladium reserves and acquire silver for the first time.
OCT 18, 2024
https://www.numismaticnews.net/coin-market/russias-central-bank-to-acquire-silver-reserves

Russia's Silver Strategy Signals Global Economic Shift, Experts Warn
• 1d • 3 min read
In a move that could reshape the global precious metals market, Russia has announced plans to add silver to its state reserves, joining gold, platinum, and palladium. This strategic shift, outlined in the country's Draft Federal Budget, proposes an annual allocation of 51.5 billion rubles for precious metals purchases through 2027. The Silver Academy, a leading authority on silver markets, suggests this decision could trigger a domino effect with far-reaching consequences for the global economy.

Jon Forrest Little, an analyst at The Silver Academy, describes the situation as "The Ultimate Squeeze," drawing parallels to historical events that reshaped global economics. "Russia's recent move to add silver to its state reserves alongside gold, platinum, and palladium marks a significant shift in its precious metals strategy," Little states.
The timing of this decision is particularly noteworthy, coming just before the BRICS summit and amidst ongoing global de-dollarization efforts. Little explains, "This strategic move, just before the BRICS summit, positions Russia to massively benefit from the ultimate silver squeeze, potentially impacting US Banks significantly."

The report from The Silver Academy highlights several key points:

Historical Context: The move is compared to the 1973 Oil Embargo, with Russia exploiting control over a critical resource to exert geopolitical pressure.
US Vulnerability: With the United States relying on imports for 80% of its silver needs, it's particularly susceptible to supply disruptions.
Global Implications: As other countries potentially follow Russia's lead, we could witness an unprecedented setup for explosive growth in silver prices.
Economic Strategy: The decision exposes vulnerabilities in the U.S. financial system, tracing back to the abandonment of the gold standard and the petrodollar system.
Little warns of the potential ripple effects: "The ramifications of this shift extend beyond mere price movements. A significant revaluation of silver could disrupt existing financial paradigms, challenging the dominance of fiat currencies and potentially accelerating the transition towards a multi-polar economic world order."
https://www.msn.com/en-us/money/markets/russias-silver-strategy-signals-global-economic-shift-experts-warn/ar-AA1sD0wi

[lasernat]

Could Russia / Brics force a squeeze to 200/ 300 per ounce silver?