The following is a repost from a Kitco article by Neils Christensen:>TDS takes another swing at shorting silver, looking for a drop to $40 in the next three monthshttps://www.kitco.com/news/article/2026-01-07/tds-takes-another-swing-shorting-silver-looking-drop-40-next-three-monthsFrom the article:>Kitco News) - With silver unable to hold gains above $80 an ounce, one Canadian bank is taking another crack at the short side of the market.>On Wednesday, commodity analysts at TD Securities published their latest trade, saying they were shorting silver futures and looking for sharply lower prices within the next three months as market fundamentals start to balance out.>In his latest commodity report, Daniel Ghali, senior commodity strategist at TDS, said that he initiated a short position in March silver futures at $78 an ounce, with a target of $40. At the same time, the Canadian bank has a stop loss at $92 an ounce.>March silver futures last traded at $77.94 an ounce, down nearly 4% on the day.>TD Securities’ short comes as the bank expects to see significant selling pressure in the metal as annual index rebalancing in the new year takes its toll on silver, which saw a nearly 150% gain last year.>“We expect a massive 13% of aggregate open interest in Comex silver markets will be sold over the coming two weeks, to result in a dramatic repricing lower,” Daniel Ghali, a senior commodity strategist at TD Securities, wrote in a note last week.>At the same time, Ghali also sees a significant shift in market supply-and-demand fundamentals. Silver’s run to record highs of $84 last month was driven in part by a significant breakdown in the precious metal’s physical supply chain.>Robust industrial demand drove supply deficits over the last five years and has taken its toll on above-ground stocks, and with growing investor interest, TDS was expecting to see a significant short squeeze in the marketplace.
>>61605655>However, Ghali said the rally is overdone, as higher prices are expected to start rebalancing the physical market. He explained that the catalyst for a silver selloff could be triggered by President Donald Trump’s decision on the precious metal’s new role as a critical metal.>Silver’s supply-chain issues have been exacerbated by the threat that the U.S. could place tariffs on silver imports. The significant inflows of silver that occurred in the first half of 2025 have largely stayed in the U.S. because of this threat.>TDS is not expecting silver imports into the U.S. to be tariffed, which, when confirmed, could release a flood of physical metal back into the market.>“We expect no tariffs on silver bars. Scrap and private vaults can continue to replete London vaults. The primary deficit continues to shrink amid demand destruction. Timelines to depletion trend higher. These are the markings of a cycle top,” he said.>Many analysts expect silver not to be tariffed, as a consumption tax could devastate the U.S. manufacturing sector. U.S. silver production cannot meet domestic consumption, and it is unlikely the market will see a material increase in supply.>This will be TDS’s second attempt at shorting silver. The bank initiated a short position in October as prices were breaking above $50 an ounce; however, it exited the trade with a nearly $2.4 million loss.
>>61605666>The bank initiated a short position in October as prices were breaking above $50 an ounce; however, it exited the trade with a nearly $2.4 million loss.Checked and thanks for the cheap silver, faggots!
coordinated effort by all the world's Jews falling flat on its face will be fun to watch
>>61605655The follwoing is from Wikipedia, https://en.wikipedia.org/wiki/TD_Securities>TD Securities is a Canadian multinational investment bank and financial services provider that offers advisory and capital market services to corporate, government, and institutional clients worldwide. The firm provides services in corporate and investment banking, capital markets, and global transaction services.>TD Securities operates across North America, Europe, and Asia-Pacific. Key areas of business include managing corporate finance and lending, merger and acquisitions strategic advisory services, market risk management, debt and equity securities, derivative products, daily trading and investment, and multiple other areas of finance. An important segment is the trading of fixed income and equity products, currencies, commodities and derivatives in major financial markets around the world.>It is the investment bank of Toronto-Dominion Bank Group, and has offices in 40 cities worldwide with over 6,500 professionals.>revenue C$8.099 billion (2023)Their overview page can be found herehttps://www.tdsecurities.com/ca/en/overview
>>61605681>30 cal can storageVery nice
>>61605691i hope you're right but knowing literal banking jews, i fear they might get what they want at least in relatively short term for some quick gains. would be nice to see it not go below 50 ever again. who knows maybe that's their target
>>61605655This is the brain rot caused by TA astrology + paper silver prices (two sources of fake bullshit)Taking physical delivery of silver is ~85/oz, in line with Beijing's prices.
>>61605655>Daniel GhaliA year ago this dude was sounding the alarm saying the LBMA was months away from running out of silver. He flipped bearish after the dump from $54 in October.
Explain to me like I’m mentally retarded why these faggots at TD wishing the price down makes it so
>>61605700I don't think you understand then why their position while inherently fail. You can eternally suppress endless growing demands and lack of supply.
>>61605706What, you doubt his expertise? What about this guy makes you think he doesn't know what he's talking about?
>>61605655silver will never be real money.
>>61605712It doesn't make it so, but they are betting that it will be so. Their revenue and the loss they took before quiting last time indicates that it will fail again. They don't have the money, or didn't last time, to short the market in any meaningful way. So their bets are attwmpting to ride market conditions, but not necessarily intended to cause those conditions. 8 billion of revenue against a 4 trillion dollar market cap doesn't go very far. However, there seems to be other players involved behind them.
the last resort will be for the old head world bankers to use their gold hoards to short silver.once this fails silver will finally flip gold and silver will once again reign supreme.
>>61605718Reminder that if the bitcoin bot replies to OP three times, you should stack more silver.
OH NO NO NO $40?ITS OVER SILVER SISSIES
>>61605714then why do they even try? surely they have much more insight than the layman
>>61605725Alright explain this to me then, and remember I’m quite dim . A) why would they want the silver price to fall beyond short term profits from gambling, and B) why this would have any real impact on supply and demand which is driving the price? What if any long term effect will this “psychological warfare” from investment houses have?
>>61605743well apparently they don't because they already failed once according to this topic but even if that weren't true the reason is it's their only move is my guess their holdings somehow depend on silver price suppression and if that fails they go under so they have to short regardless
>>61605753interesting. either way it's good to know they are squirming
>>61605752Precious metals are a barometer for gauging trust in the financial system, and trust in governments. Fiat currency only works if the people trust it. By managing the prices of gold and silver the banks have maintained the appearance that the Dollar is strong, that there is trust in the system and thus helps keep interest rates low. Gold and silver move together, since silver is a smaller market than gold it is easier to manipulate silver than gold. By keeping silver low the past few decades they've kept the price of gold low. The whole western precious metals market (comex and london) was designed to remove supply and demand from the pricing equation. They are fractional reserve by design where naked paper contracts have been traded back and forth. This wasn't a problem until recently when buyers have demanded physical delivery. In this sense it's a classic bank run.
>>61605778But shouldn’t this just make the price go higher continually? Is there plan to crash the price and thereby discourage investment in this resource?
>>61605655So what you're saying is... I should buy more silver?
>>61605790they need to control the price so that they can offload all their shorts and get into comfy entry long positions
>>61605655holy fuck they're retarded
>>61605655>Silver makes a bullflag>TIME TO SHORTKek Canadians live to lose don't they..
>>61605796So this has no long term impact on the price of silver, it's just them trying to make a quick buck? Basically what I am asking is that I, a stupid man, have a portfolio that is almost entirely paper silver and I want to know if I should sell a certain moment and then proceed to slurp
>>61605790I suspect the goal is to create the illusion of a stable government and trusted fiat by any means necessary. Trying to condition people that digital assets & fiat are the norm.The two goals go hand-in-hand, preserve the existing power structure & make people fully dependent on it.Crushing silver would demoralize the exact group they want to target, free thinkers.But it wouldn't stop people who truly understand the supply:demand ratio.
>>61605807paper?bad idea, try to swap that for physical if you can find any dealers with stock left.but as long as the shanghai arbitrage exists paper price should go up
>>61605768they'll also claim victory within 24 hours of downward price action like last time silver dumped. this is obviously propaganda to gain momentum and it will fail again because there's still no silver to buy and the demands keep increasing and that's not changing anytime soon
>>61605655>leaf bankLiterally a nothingburger. Wake me up when the “too big to fail” banks start shorting because they will pull strings to make it happen.
>>61605826Plus it sounds so desperate from them to try to fud retail away when silver got up to that point with retail barely having any impact at all.Actually in 2023-2024 mints recorded lowest retail purchases of bullion in a decade, and we remember up to this summer how silver merchants were moaning on jewtube about how little silver they were selling lol.At this point it's damage control simply to prevent the situation going out of control even more than it currently is.
>>61605655TD actually sells physcial metal, so if they want to sabotage their own operation then good for them. I'll buy it all.
>>61605655>Daniel Ghali>GhaliJeet
>>61605655well done tampowitz, well donehoweverhow does crashing the price to $40 in the paper market solve the above ground shortage and nationalize of silver with the decoupling of prices in foreign exchanges
>>61605889The indian immigrant they have running it indicates that no one at the firm understands real market forces, and are using kosher mainstream market paradigms to make their decisions, at least pubicly. Nothing in their website indicates that the dei staff have any idea of jews having robbed the exchanges of physical decades ago. Instead, everythjng looks like liberalism and the brown public image of the last 10 years. However, they are connected to blackrock through a subsidiary, so they may exist to fail, it wouldn't be unheard of.https://www.benzinga.com/sec/insider-trades/0000803012/td-securities-usa-llcAcording to the above link, Blackrock invested in TD Securities USA in 2021, and 2022, but the firm is apparently, right now, valued at around $100,000. So make of that what you will.
>>61605795If you can buy it for cash and forget about it comfortably for 5-10 years, then yes
>>61605843who is buying silver if not retail. And why would the price go up just now if the buyers are same
>>61606245>who is buyinglarge corporations like samsund and tesla aswell as the ai industry. war insustry is also back in overdrive
>>61606245>who is buying silver if not retail?1. Any country losing faith in the strength of the US fiat dollar2. Any companies that require silver for industrial/electrical/jewelry needs will need to hedge their risk by buying in bulk right now3. China specifically is ordering a fuckton of silver to strengthen its position as a rival world reserve currency backed by actual precious metal value4. Any firms focused on wealth preservation instead of feeding into all-time-highs (some firms are positioning for an AI bubble pop or a crash of the derivatives market) If only Silver had an idiot like Saylor to just constantly permabull the shit out of it. If there was a SilverStrategy I'd invest
>>61605655>$40That's what it was years ago when demand wasn't as intense. Are they high? If they manage to force it back down that low then sure, thanks for the cheap metal I guess, but good fucking luck doing that.
>>61605655Silver and gold just keep being win win. Dips, I buy, euphoria, I trade over silver for gold and take profits. I really hope it goes down bigly this time.
>>61606308silver is more rare and more useful than gold, with the added benefit of triggering a squeeze while paper silver dissolvesI'm going to say shame on you for being short-sighted, but also I can understand the play you're making which increases your net worth on paper in this moment
>>61605655K
thank you mr tampowitz for the discount. with jews you win
>>61606245>who is buying silver if not retail.uhhh, you know silver is the 2nd commodity with the largest number of industrial applications after oil, right?You know there is silver in the keyboard and mouse you currently are using to dumbpost, correct?
>>61605681Wasn’t there a bank that got fucked trying to short silver in December as well?
>>61606729Yea but who cares when tax payers are always there to bail them out :^)
A thread filled with Silver Chads disregarding TD (TinyDick) Bank for the nothingness it is.We are immune to their psy-ops.
>>61605843>to fud retail away when silver got up to that point with retail barely having any impact at all.What if that is just a lie they spread?Maybe retail actually does have a large impact.
>>61605655>the Canadian bank has a stop loss at $92 an ouncekek
>>61605655Burgers are afraid of the dollar showing it's real shitty value
>>61605712Because the dollar is weak and PMs going up shows the real value of the dollar.PMs don't go up in price, the dollar goes down in value
>>61605823Nobody is selling physical atm though, not 99% silver
>>61605655>sell your silver, goy! Its over!Nah its a pain in the ass, I think ill just keep stacking and holding!
>>61605655>drop to $40 in the next three monthsI would come in my pants if that happened, and then buy s shitton of ounces.
>>61607286 >>61606762>We are immune to their psy-ops.
>>61606291Nobody will be selling physical at that price. It will only drive further apart the spot and stock prices and further crash the whole system
>>61605700They're retarded. Let them push it to 40 and just buy more. Like, oh no, you're giving me a discount by using paper market manipulation and you think you're the one winning?
>>61607321The joke is that it will never BE that price.
their price target is fucking insane. they think silver will lose half its value? with demand is higher than ever and supply having been deficient for the better part of a decade. and they already tried to short it once and lost???mr ghali must be smoking some high grade cow dung up there. like some grassfed free range all aspects of god contained in one poop type of cow dung. straight into a glowing red crackpipe and inhaled deeply for maximum ayurvedic medicinal benefit and financial foresight.
>>61607321Maybe not but it'll be cheaper than the 90 fucking dollars per oz that we currently see at dealers.
>>61605694Literally Trump Derangement Securities
China will halt/ limit their Silver export.
>>61605753all of their holdings depend on PM pricings, because those directly signal trust in the $US dominated global trade system, which in turn dictates how much their Dollars buy them.I.e. if that slips away, ALL of their investments tank like you've never seen anything tank before.That trust already eroded in China and Russia. if you realize their entire ponzi schemes depends on PMs being low, that suddenly explains the moronicly stupid idea of shorting Silver 374 to 1. Gamestop was 1.2 to 1.We're talking 37400% overshorted, by a cabal that ALL have a vested interest in keeping it low.
>>61605718That's a good metaphor. Bitcoin gets you 20% there but then the price tops out and you have to do everything yourself.
>>61605802https://tradingeconomics.com/canada/gold-reservesyou wanna click on 10Y for a good laff
>>61609598kek
>>61605655well not long ago we heard silver not able to hold above 50 and look at it now
>>61605807sell it all off right now and buy physical when the price dips, IF it does.your chair right now is a bank promiseyes, the same guys who need bailouts from tax payers and magically get them every time.
>>61605655I didnt read all that but thats why i dotn buy silver. too important to too many fags
>>61605691>betting against jewsBaggies didn't learn from gme
>>61609641>too important to too many fagssounds like you should buy it then
>>61609657difference is silver is a rare commodity that is neededGME stock is easily created out of nothing and not needed
>>61609696>GME stock is easily created out of nothingso are silver shares
>>61605655Well, they’re doing a shitty job LMAO
>>61609610>>61606762
>>61609766I am supremely jealous.
>>61609696No there's no difference. The bank can just exit the short like the jews did with gme. It is rigged.
>>61605718Already was for most of history and will be again
>>61609766
>>61610760silver production was not industrialized for most of history. the cyanide process for extracting silver was not invented until the 1880s
>>61605655Fuck those assholes. The reason they're trying to convince you to sell your silver is because they're fucked with short contracts if the silver price is above $70. They need to dump the price of silver below $70 before January 16th to break even.Anyone selling gold or silver with everything happening in the news because a desperate Canadian bank told them to deserves to lose everything.
>>61605694funnily, it's the only bank that sells silver in canada https://preciousmetals.td.com/shop/en/tdmetals
>>61609734right but what happens when that silver is actually needed and there is none? all the Jewish tricks in the world can't make silver materialize from nothing
>>61611167Questrade is now a Tier 1 bank in Canada, and also sells gold/silver at spot.
>>61611212>questrade charges you $75 withdraw fee if you want to take possession of physicalkek
silverfucking won
>>61606326It's more the feeling of seeing my gold oz numbers go up without having to buy it. Silver is lovely and I try to keep some around with a bit of prepping in mind always. But I have big bulks I trade over to gold. Then buy again on dips, then trade again. It's been very good.
>>61611228At least it's a flat fee. Take possession of a couple of thousand ounces, that's as close to spot as you're going to get.
>silver goes upStinky.
>>61605655A literal brown Indian is shorting silver lol. Canada is all Indians now, literal subhuman country now.
>>61605655Some days I wonder how such ugly dumb shit skins get into position of power like this, you lose 2.4 million dollars and still have a job. Also TD is for browns and niggers. All whites in Canada use BMO.
>>61605655If it drops to $40 I will take out multiple credit cards just to buy as much as I can
>>61605802Actual Canadian whites (non euros) in Canada are so fucking stupid, they literally invited in the third world and let them take their high status jobs, woman, money, and country.
>>61605880I’m so bullish on silver. Truly gold and silver is for the white man.
>>61605951A face you can trust.
>>61607112there are so many assholes in this country dude, i have 60 AGEs and 2200 ASEs and cannot wait to see these faggots pay
>>61614686
>>61614931what is that supposed to signify
>>61606291>silver goes upMy stack is valuable>silver goes downI can make my stack bigger for cheaperIt doesn't matter to me because I don't ever plan to sell
