Enjoyed the video, but I'm not convinced the silver market is “breaking down.” What we’re seeing looks more like a familiar mix of speculative positioning, macro-driven volatility, and thin liquidity rather than a true structural failure.

That's good. I would think you would need to scale very quickly based on some of the other articles I've seen here about your product.

Interesting approach—fertility control seems like a more sustainable long-term solution than poisons. The key question is whether adoption can scale fast enough to matter financially.

Makes a lot of sense, thank you for taking the time to post such a thoughtful response.

In your view, to what extent do institutional investors’ greater allocations to alternative assets drive their long-term performance versus the more traditional stock-and-cash tilt seen in retail portfolios—and how should retail investors think about incorporating alternatives (if at all) given their access, risk tolerance, and diversification goals?

To be fair, these numbers are just best guesses. Nobody knows for sure how much silver is out there.

I've been watching this unfold.

At its core, this article provides yet another lesson on the high price that leverage can inflict on investors. When the market for an asset becomes highly leveraged, the risks increase markedly. We are reasonably confident that this bullish charge in silver will end poorly, as it has in the other two instances. What we don’t know is when the shift will occur. Complicating the timing is that the CME could, on any day, terminate the leverage.

Very impressive that the CEO personally reached out to you. But I wonder how accurate the company's modeling is. Couldn't things go very wrong for the company if too many users maximize this deal and cause a larger loss for $VZ than expected?

Marc Lichtenfeld I believe your numbers are incorrect. I went back and double checked in the actual 10Q and on trading view. If you had an assistant do this research, I believe they used AI as a shortcut and did not verify the data.