Idiot Algo’s reckon silver has topped…or is about to……..

I just asked Chat GPT:

“what is the average number of shares that are sold short for Gold and Silver stocks.”

This is part of the reply I got:

There isn’t a single “average number of shares sold short” that applies broadly to all gold and silver stocks-because each company and ETF has a different float, trading volume, and investor sentiment.

Examples of Short Interest in Gold & Silver Stocks/ETFs ( Late 2025):

Gold focused:

1) GDX-@ 43.7 million shares sold short (about 14.5% of float) as of late November 2025.

2) GFI-@7.18 million shares sold short (@1.27% of float)

3) USAU-@995,859 shares sold short (“7.8% of float)

Silver Focused:

SIL- @1.92 million shares sold short (@3.51% of float).

What this Tells Us:

1) Smaller individual mining stocks ( like GLDG, USAS) often have a few million shares sold short.

2) Large ETFs ( like GDX) can have tens of millions of shares shorted simply due to size and liquidity.

Momentum and Quant Strategies:

Many hedge funds use systemic models:

1) If real rates rise…….shortbGold miners

2) If USD strengthens………short silver stocks

3) If volatility spikes…….reduce miner exposure.

No naked shorts because they are using your own shares they borrowed from your own broker to short your stock…Thus they are NOT naked short and do not have to cover….That is what I see but I cannot explain how they have finagled to be able to legally do this. That is why this time the only winner will be silver and gold phyz.  FWIW!  SNG

in the shares…..the general public is not in so only a few funds and diehard longs are the holders…..so where are the sellers geting the shares to short…..this has to be naked selling….and is the reason why the shares are still not leading this bull.

fat and deeply burrowed into its host, the scum IMHO, will endlessly sell paper futures to keep the tide at bay……….

We need to un-hitch our wagons to the SM.

My dealer is also offering below spot, but only a few bucks over spot to purchase. $14 over is crazy.

This will continue all day long until they get the desired result.

These guys are bashing and covering. This is the 3rd or 4th time so far today.

Dealers are offering me below spot for silver eagles while wanting 14 above spot.

The good news is the shorts are making nothing and the mkt just keeps saying thankyou…..if we break 4355 the bswing target is 4450

coming after the metals now.

This will be a day of tears, especially if the QQQ’s start to weaken any further. Just no way they can allow pm’s to be the only game in town. But it is OK for Bitcoin to bounce back 2.5%.

Coming back now. I so hope I’m wrong.

Despite the metals coming back toward their morning highs.

Can only mean one thing, the metals will get flushed before this day ends.

HUI up a whopping 2 points. I have red all over my screen now. What a joke.

Note this a log scale chart……which shows the moves in proportion of the multiple…..We may be in 3rd of 3rd of 5th……the 5th wave being the most explosive of all….so we have yet to finish either of the thirds and do the final blow off 5th of 5th

They dump some contracts all at once to test the resolve of the players and run stops.

So far, good for a $.80 hit on silver and $17 on gold.

Doesn’t look like they’re done yet either.

No attempt to hide their actions, just an up in your face bull rush attack on the metals. 1/3rd of gains wiped out in a few minutes.

We may be lucky to hold any gains today.

Good to see gold pick up some steam too.

Hopefully this starts the melt-up into year end.

Silver industrial demand will continue to grow despite high prices!

With prices above $60 an ounce, many speculate that industrial demand for silver will fall due to substitution. However, the Silver Institute projects industrial demand will rise as offtake from vital technology sectors accelerates over the next five years.

“Silver will remain an essential component across multiple high-growth sectors as industries race to embrace digital innovation and meet clean energy mandates.”

Along with green energy initiatives, including solar power and electric vehicles, AI infrastructure is expected to use increasing amounts of silver.

Last year, industrial demand for silver hit the highest level on record.

According to the Silver Institute, industrial demand will soften moderately this year, declining by about 2 percent due to “global economic uncertainty stemming from tariff policies and geopolitical tensions, as well as a more rapid pace of thrifting due to soaring silver prices.” However, despite the modest drop in demand, 2025 will still likely come in with the second-highest silver industrial offtake on record, and it is expected to continue growing in the near future.

We could of slept through that and back to normal for now. Looks like platinum got a lot of attention.and wants to go to 2000.

so they are chipping away at gold instead.

The pm shares aren’t exactly ripping higher in the premarket. Could be an indication they’ll contain gold and that probably means they take some air out of silver too, although it’s hard to see it erasing the entire $2 move up.

This is making the assumption that the Crimex still has a steady grip on the gold market.

The dollar and rates are working against us this am. Something to keep an eye on.

Oil jumping back up 2.5%, Bitcoin down $1K. Bitcoin seems to be struggling to retake $90K.

https://youtu.be/qo9rHYJW8Ek?si=JWtpva44NhAMCthN

Gold and silver to explode. S&P collapses after ATH. Credit implosion.

I just hope they don’t bring that candle ‘ price ” back  down and make a shooting star candle. Oh well.if they do more  buying ops.

While looking for something and saw this silver historic  65 then then said Dec 17 still 16 Pacific time. Then goes on scamming…meant  scanning stupid autocorrect his video  about all the uses and reasons. So I check the price and 66 awesome.

Silver & Gold Explode as Dollar Tanks – Bo Polny

Yikes!

London has some work to do.