“UPDATED 12:48 PM EST – REPORT: "A SYSTEMICALLY-IMPORTANT BANK COLLAPSED AT 2:47 AM SUNDAY"”
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Archived from the IMDb Discussion Forums — Economics, Business, Money, Finance
ZolotoyRetriever — 3 months ago(December 29, 2025 07:31 AM)
“UPDATED 12:48 PM EST – REPORT: "A SYSTEMICALLY-IMPORTANT BANK COLLAPSED AT 2:47 AM SUNDAY"”
“As this story is written, it is 11:01 AM eastern U.S. time on Sunday, December 28. Reports have been coming in CLAIMING "a systemically important bank, a major player in Silver Futures, failed to pay its Margin Call by 2:00 AM and was liquidated by the futures Exchange at 2:47 AM eastern US time."
The reports are CONCEALING the name of the bank, but it is confirmed that overnight, the federal reserve was forced to pump another $34 Billion into the Banking System through its Emergency Overnight Repo facility. This $34 Billion is on top of the $17 Billion which had to be pumped-in two days ago, on Friday morning.
The Bank involved is described as "one of the largest players in the precious metals derivatives market" blew past every risk limit, breached every covenant, and exhausted every line of credit."
The Bank is further described as having been "massively short silver; we are talking massive positions numbering in the hundreds-of-millions ounces."
…continues
https://www.reddit.com/r/Superstonk/comments/1pycf50/rumors_circulating_that_a_bank_heavily_invested/
Great. Just what we need. Bank failures. GFC all over again?
But then again, sometimes these stories are fake news planted by market manipulators. Hope that's the case here. -
ZolotoyRetriever — 3 months ago(December 29, 2025 08:15 AM)
No, I think it has to do with infrastructure for AI data centers, which require a crap-ton of special electrical conducting materials - silver being the best conductor. So the demand is huge, while silver itself is a so-called "precious metal": it's in short supply. So the price increases really are based on legitimate industrial demand. Also, China is hoarding all its silver so they can cut out other countries trying to compete against them and their huge AI development going on. It's like metal wars are going on.
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Meton2 — 3 months ago(December 29, 2025 08:25 AM)
i heard about a guy who bought less than $500 worth of gold, kept it for a few months, it increased a decent amount in value, and needed the money, so he tried to sell it.
to his surprise, nobody would give him more than he paid for it.
makes sense in a way. they have to think about resale value, too. what do you think?
i have about $4000 worth of silver, but i'm not going to try to sell it anytime soon. but i do wonder what is the best way to get close to current value for it.