80% Chance Of 40% Silver Short Squeeze

Tyler Durden's picture

In the last 20 years, Silver shorts (in Silver futures, based on the Commitment of Traders data) has only been as high as it is currently for five periods. Four of those five periods were followed by considerable rallies in silver prices. The one period where prices flatlined (fell modestly) was a slow and steady rise in shorts (as opposed to the spike-like move currently). Of course, with near record amounts on the short side of the boat, it would seem clear where Silver should go next but this time is different we will be told.

  • Jul 1997: +70% rise over 29 weeks,
  • Nov 2000: -13.5% in 53 weeks,
  • Oct 2002: +13.2% in 12 weeks,
  • Apr 2003 +19% in 24 weeks,
  • Aug 2005 +114% in 37 weeks,

Average +40.5%


Chart: Bloomberg

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Sudden Debt's picture

whatever... I'll just wait for the collapse.
Keep it down so I can buy more for the rest of the year. I ain't in no hurry.

ghandi's picture

Sittin' on the top of the (silver) bay

wastin' time'

DeadFred's picture

All the dumb money (and most everyone else) is short silver as it sits near support. Of course the other side is there were a lot of shorts in the yen a while back and they turned out to be right. It's going to be fun to watch.

Abraxas's picture

Interesting, I must admit. Well, fuck it! I ain't selling and that's that!

Dr Paul Krugman's picture

The guy running the business is selling but the people who idolize him are buying - sounds like a ponzi scheme if there ever was one.

Abraxas's picture

Maybe... I made up my mind long before I heard of Eric Sprott. Doesn't mean I'm right though. We'll see.

Spider's picture

With mining costs for silver companies at close to $24 per ounce in 2012 - only so far it can practically drop.  I like this risk-reward proposal and I think the commercials know this - so long hedgie shorts!


Buckaroo Banzai's picture

Somehow I am reminded of Sex Panther cologne. "60% of the time it works every time!"

kaiserhoff's picture

Kinsey once wrote that 60% of men are 2/3 homosexual.

It's not easy to be both incoherent and completely wrong, but if you work at it...

strannick's picture

Sprott always sells before he does another PSLV placement. The PSLV placement then puts more pressure on the physical supplies, which provides support for the silver price v. paper silver, which then encourages demand for another PSLV placement...

Boris Alatovkrap's picture

No, Boris is mean high ratio of gay Amerikan men. Silver price still is confusion.

EnslavethechildrenforBen's picture


I'm buying Silver at low tide. Will sell at high tide.

Where the tide is between now and then is not important.

akak's picture

Maybe that explains why I feel like 1/3 lesbian 40% of the time.

Terrorist's picture

I tell my wife I am a closet Lesbian.
But more importantly, 80% of statistics used in casual conversation are made up on the spot.

Imminent Crucible's picture

I now realize that my wife is a lesbian trapped inside a woman's body. My chest is as hairless as an Apache's, and she keeps telling me how she loves that smooth chest.

Now I understand. 60% of women are lesbians 35% of the time. Or maybe it's the other way around.

green888's picture

can you be married to both a man and a woman and not be committing bigamy ?

Joe Sixpack's picture

Once gay marriage becoms the norm, then triparte/plurality marriage is next on the agenda followed by beastial marriage.

DosZap's picture

Kinsey once wrote that 60% of men are 2/3 homosexual.

Well,I must admit I am a 100% male lesbian.

Sudden Debt's picture

I once cleaned up the mess I made in the Garage. So... I must be about 1% female I guess...


Titus's picture

If I was even 1 percent female I would never stop touching myself. Oh wait....

PiratePawpaw's picture

100% of statistics can be made to show whatever you want.................50% of the time.

e_goldstein's picture

"95% of statistics are made up right there on the spot..."

WmMcK's picture

80% of this game is half mental.

jimmytorpedo's picture

I am not a Doctor like Mister Krugman,..but isn't that shares in PHS he's selling?

Maybe he wants a new yacht or has a new girlfriend?

Leave the poor(ahem) guy alone, he has enough silver.

Do you?

My 401k equivalent is full of PHS, I can see the building where its stored from my work.

Almost as good as looking at the picture of that dammed lake!

Pseudo Anonym's picture

krug, the silver sprott is selling is not his. sprott's clients are redeeming their investment.  the canadian economy went officially tits up just recently.  housing in canada is deflating.  jobs are disappearing.  people are short of cash.

Pure Evil's picture

Never let the facts interfere with Krugmans illusions.

Motorhead's picture

Based on his posts, sometimes I wonder if that's the real Krugman.  I don't know if anybody could act like that.

DeadFred's picture

This Krugman sometimes posts coherent comments. I don't think the real Krugman is capable of that.

All Risk No Reward's picture

Exactly.  The real Krugman is irrational, but his "authority" has been set by the "establishment" so the chumps who think they get power from the establishment go for the irrational, state sanctioned false narrative.

However, the twit knows not to evben attempt to answer this...  which is why I have to tally how many times I ask him...


Hi Paul,

You might have missed this question the last 10 times I asked it, so here we go for try number 11 (and yes, I will continue to increment the numbers until you answer the question):

If growth is defined in monetary terms and money is debt (interest bearing) please explain how exponential growth of debt is sustainable into eternity. If money (debt) exponential growth is not sustainable into eternity, then WHAT HAPPENS WHEN THE EXPONENTIAL MONEY (DEBT) GROWTH FAILS? I made the question bold in case you are having vision problems and couldn't see the question. Hopefully this helps. TIA...

Consequences of Krugman's Pimped Fractional Reserve Banking 2) - Poverty - Debt is not a choice


Do you get off enslaving the proletariat to debt owed to the people who made you and can also trash you like so much garbage?

Aren't you just a modern version of a well paid house slave?  How's that reality going to resonate throughout eternity?

smlbizman's picture

the real krugman is to much of a cunt or coward if you must, to enter fight club.....i could see some guy raising his hand and little pauly curling up in the fetal position.....imagine him as a child.....christ the shit he must have taken....him 7yrs old with his stupid fucking beard...

Agstacker's picture

I want to see him fight William Shatner.

DosZap's picture

 the canadian economy went officially tits up just recently. housing in canada is deflating. jobs are disappearing. people are short of cash.


JUST like ours did, because the dumb pricks went ass up into property prices that were worth a $.25 on the dollar./Loonie.Said it would hit them and now it finallly has.Welcome the USA part deaux.

Poor Grogman's picture

Australia will be the last one standing eh?

Bad luck Canada good try...

fiddler_on_the_roof's picture

WRONG . it is Sprott foundation that is selling. This is not standard redemption.

Silver's buggest pumper Sprott  is selling ?

ZH reader, it is high time you silver bugs moved to Gold.

Urban Redneck's picture



1)  Physical Commodity, Paper (debt), Miner Equity, Royalty Capture

2)  Gold, Silver

3)  Invested Assets, Reserve Liquidity, Net Customer Flow

In the case of Sprott, a nifty 3-axis matrix

"Selling" is MEANINGLESS without actually knowing how the proceeds are being used.



SAT 800's picture

If you wish to you can look up the change in physical holdings of Silver Bullion by ETF's, in general, for the month of March. T he answer is very interesting; it's plus 83.1 Tonnes, Metric. I repeat; plus 83.1 Tonnes, Metric. This was very helpful to me in making my decision to buy December 2013 Silver contracts at $27.340 yesterday. It's often useful to do your homework if you want to know what's going on in the world around you.

Divided States of America's picture

Hey Doc Kruggy, STFU.....when were you an expert at SILVER??? You can keep writing your illogical senseless economic jibberish garble but you def aint no authority on silver so I suggest you SHUT THE FUCK UP YOU WORTHLESS JBAG.

JLee2027's picture

That's not the real one. That Chuck Norris guy may be though.

kill switch's picture

I think you have understated it...somewhat...

Buckaroo Banzai's picture

KrugTroll is running hot this evening!

tmosley's picture

Sorry, were you talking about Goldman, or the Fed?

auric1234's picture

Ponzi scheme implies asset creation out of thin air. Something you can't do with silver.

(and this, preventing banksters from tampering with it, was the whole point btw)


orez65's picture

"The only money is gold"

JP Morgan testifying under oath to the US Congress.

Silver just follows gold and it is also money.

US Dollars are NOTES, a promise, a piece of paper signed by a couple of government bureaucrats.

I'll take my chances with gold and sliver.

Dr Paul Krugman's picture

I'll take my chances with gold and sliver.

Exactly.  You will speculate.