The Opening Belle - Suspicious Silver Squeeze

 On Twitter, everyone is saying WallStreetBets is going after Silver next.

On WallStreetBets, there are only 3 posts on Silver in about the top 50, and they’re all warning everyone to stay away.

Someone is orchestrating a serious disinformation campaign. pic.twitter.com/49BkX5BIIL— Nathaniel Whittemore (@nlw) January 31, 2021 

“We witnessed an extraordinary level of retail trading last week,” a Citadel Securities spokesperson said. “At many times over the course of the week, the large brokerage firms depended upon our capabilities to handle the deluge of orders.”

 And by investment pros I don't mean "hedge funds" (although yes, that, too). I mean @elonmusk. I mean @Benioff. I mean @chamath. I mean every billionaire who goes on Twitter or CNBC to tell you *how to think* about their latest promote.— Ben Hunt (@EpsilonTheory) January 31, 2021 

 So Chamath has been making a lot of noise attacking Robinhood and implying there's a conspiracy because it sells retail transaction data (payment for order flow) to Ken Griffin's Citadel.

He wants you use his platform sofi, but it turns out, they literally do the same thing? 1/n pic.twitter.com/63H49PL9MX— tyson brody (@tysonbrody) January 31, 2021 

“Despite this active deleveraging, hedge fund net and gross exposures on a mark-to-market basis both remain close to the highest levels on record, indicating ongoing risk of positioning-driven sell-offs.” - Goldman Sachs

“Although the short squeeze started with GME, it appears to be spreading to a wider range of stocks. While we expect some more deleveraging, ultimately the scale of the problem appears quite limited.”

“We remain optimistic that it is likely to remain localized... The bottom line is that while the pain could continue in the short term, the risk of a full-fledged contagion remains low.”- Barclays

“While Russell 2000 stocks, where many companies with high short interest are included, saw a sharp decline in their short interest in recent days, at an aggregate level of all U.S. stocks there was little change in short interest"

“In other words, the short squeeze reflects a narrow universe of smaller U.S. stocks rather than a broader market shift.” - JP Morgan

A “short-lived technical tumble.” - Also JP Morgan

“The recent localised epidemic has had a certain impact on the production and operation of some enterprises, and the overall expansion of the manufacturing industry has slowed,” said Zhao Qinghe, an official at the statistics bureau.

 I know nobody cares about fundamentals anymore but FYI China is tightening, the credit impulse there is weakening and now China PMIs missed on the weekend.— brent donnelly (@donnelly_brent) January 31, 2021 

 Besides significantly lower fees, the core @Utrust advantages are:

- Zero chargebacks losses ✔️

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- Fast settlements ✔️

Keep it simple 👍 pic.twitter.com/2IIfYtkyMq— Nuno (@nunocor_) January 12, 2021 

“I can’t say when a rate increase will come, but what I can say is that a hike in the current environment would have a devastating impact and nobody should want that,” ECB's Schnabel

“The ECB and the Eurosystem have many excellent monetary economists, so everything is considered at some level,”

“But these measures are not part of our current toolbox. Our active toolbox is a combination of our short term rates, asset purchases, targeted lending and our forward guidance.” - ECB's Lane

 Central banks purchasing sovereign bonds is not just a European phenomenon but a worldwide one, Chief Economist Philip R. Lane tells Süddeutsche Zeitung. He also discusses what motivated him to become a central banker https://t.co/331uVJ02MY pic.twitter.com/q7muJ66rCO— European Central Bank (@ecb) January 31, 2021 

 WHATEVER IT TAKES 2.0https://t.co/bXZVaNY5f8— Macrodesiac (@macrodesiac_) January 31, 2021 

The plan will be published in the week starting February 22, said government officials, as the prime minister releases a “road map” out of the current Covid-19 lockdown in England and starts to set out proposals to rebuild the economy.

Mr Sunak will use his March 3 Budget to provide more details of his medium term strategy and what he hopes will be the final phase of the emergency government support for the economy that has so far cost £280bn.

State support programmes for companies and households are currently due to expire at the end of March or — in the case of the furlough scheme the end of April — and Mr Sunak is expected to use his Budget to extend them until the economy is able to reopen.

“Rishi is expecting this to be the last time he talks about the immediate term support package,” said one of the chancellor’s allies.

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GSR are one of the largest market makers in crypto and crypto derivatives, so longer term the partnership will evolve more broadly into liquidity provision around key offerings like options, structured products and borrowing and lending.

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We anticipate that with GSR onboard and the additional depth they will bring to our books, we will continue to see volumes increase meaningfully as liquidity and spreads improve.”

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EQUOS is part of Diginex $EQOS. pic.twitter.com/zJsTj84Swj— EQUOS (@EQUOS_io) January 29, 2021