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They Have LOST CONTROL of SILVER & SLV (Shorts are PANICKING) - Ed Steer
THUMBNAIL PIC: This is a chart from February 2021 showing the LARGEST SHORT POSITIONS in commodities by the 8 largest banks (GREEN Bars) & the 4 largest banks (RED Bars).
So in February 2021 the 8 Largest banks (GREEN) were SHORT (Sold silver first so need to buy it back eventually to close their position) 170 days worth of Global Silver mining production or almost HALF (183 days) of annual silver mining world wide.
Out of those 8 large banks, the 4 biggest banks were SHORT 130 days worth of Global Silver mining production. Global Silver Mining Production is 850 million ounces per year. Silver already has a HUGE DEFICIT where they need 50% more than what is mined each year for INDUSTRIAL DEMAND like Solar Panels, etc..
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