Rules for Thee But Not For Me

[shtferbrains]

As the gamestop fiasco shows, the markets are full of free leveraged money. Options on margin let people with no money be players. Unlimited naked short sellers use margin on the other side.

I mean what could go wrong.

Lot of reckless players in the market right now. Might be time to exit for a bit.

How many are thinking might be time to exit?

[sumdumguy]

The cryptocurrencies are all going to get banned by govts. There is no way they will allow parallel currencies to rise.

I wonder how the governments and money changers will shut it down. I guess they can manipulate computers just like many a techie. Nothing is impossible when you’ve got the Gater and Bozo riding shot gun. 🥷

[jazz]

I wonder how the governments and money changers will shut it down. I guess they can manipulate computers just like many a techie. Nothing is impossible when you’ve got the Gater and Bozo riding shot gun. 🥷

Bitcoin simply gains value in cyberspace due to exuberance of a decentralized system. Its the currency equivalent of likes on your facebook page. Meaningless in the real world. You cant transact with it anywhere but the dark web. It will be easy to ban.

I would say old fashioned barter has a better chance of becoming a method of trade.

If there is going to be a digital currency, the banks and govts will create it, not some tech groupies.

[shtferbrains]

A roll of silver dimes with a nominal value of $5 is selling for $140 today if you can find one.

If you think maybe you might gun up just in case make sure you get ammo as some calibers can't be bought at any price.

I suspect there is the largest trade ever in no paper required firearms going on around us since revised "turn on for credit" program.

The great reset is happening alright as has been for months.
Not the build back better one that governments think they are going to control.

[burnt]

A roll of silver dimes with a nominal value of $5 is selling for $140 today if you can find one.

If you think maybe you might gun up just in case make sure you get ammo as some calibers can't be bought at any price.

I suspect there is the largest trade ever in no paper required firearms going on around us since revised "turn on for credit" program.

The great reset is happening alright as has been for months.
Not the build back better one that governments think they are going to control.

Methinks you may be alluding to the Law of Unintended Consequences.

[Sodbuster]

I will say it again, investors should not be able to sell stocks they don’t own. If this rule was in place you wouldn’t have the wild fluctuations in the market, sometimes bankrupting companies. Investors would buy the stock they want, not the one they don’t like.

[jazz]

The silver squeeze could be something truly epic and shake a lot of institutions to the core. These banks have been manipulating gold and silver since the 70s to cover for inflation and prop fiat.

I would imagine by extension, most hard commodities could be in the same boat. Be interesting to see if other commodities ride the wave.

The silver short is a little more difficult. Its a bullion buy, physical and something that can be held on to. These guys just have to make sure they get physical delivery before the powers that be halt that as well.

https://www.zerohedge.com/markets/reddit-preparing-unleash-worlds-biggest-short-squeeze-silver

[jazz]

Days production of various commodities to cover short positions. Looks like some of us have been helping the veg oil trade cover itself.

If I read this right, the soy complex looks very fragile.

[sumdumguy]

Oil and wheat sleeping?

[jazz]

Oil and wheat sleeping?

I misread it sum, its not short contracts, its days of production required to cover short contracts. Still pointing to problems in the veg oil complex but I am not good at interpreting these things. This seems to say the physical trade is exhausted and the shorts are still in there.

No wonder they are aggressively pushing fall contracts. Looks like a way of letting the shorts out while transferring risk to the producer.

maybe 101 can help.

[farming101]

While everyone knows that it's no good to try and head off a stampede, most also know that many times stampedes don't end well...

I wonder if the traders who are going to buy silver know that the funds are net long? I'm sure they do so isn't the silver stampede basically a pump and dump? If so I think they will shut them down before allowed to get too far. The Hunts were shut down and ruined for contributing to chaos in the silver trade.

It's the merchants and producers that are net short. Why?
1. They actually hold the physical silver(not too far fetched seeing as how over 900M ounces were mined in 2019)
2. It's all a big scam, silver miners and merchants just write numbers on paper and there is no silver.

Pick which one and double down...

As far as wheat and crude, both are widely produced in huge quantities relative to the short positions on in the markets at any given time. Not all production is hedged. As Jazz mentioned this chart is showing short positions relative to annual world production. And only the largest entities positions too.

Shares in a company versus buying a commodity(Many times for future delivery) are very different.

There is better money to be made in the future for the veg oil crushers. If they can push their sales to a future month they will