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thanks for the tip and happy trails.
No mistake here, I own a large position in collectable coins and bullion. I trade these ETF's for profit and have done pretty good over the last 2 /3 years.
It's because I realize just how this game, 800# gorilla controls the market. Follow these big boys and you'll begin to see
It is controlled, by the central banks who have traders in the background at CME and LMBA, I can prove it, i can see the signals in the Ticker. its like a matrix. I can see a Matrix forming in BTC, not nearly as mature cause its still a pyramid scheme based on PT Barnum playbook. But the Pros are slowly taking over. Having said that, in fact is the main reason it going to go to Mars with Musk in price, when they let it loose, u will only be able to chase it.
I agree , the run is starting it is inevitable . check prices on silver eagles with online retailers . I usually reference silver.com or jmbullion.com . both reputable . here is some words & stuff that supports the precious metals run that will go parabolic https://www.zerohedge.com/crypto/bitcoin-has-no-top-because-fiat-has-no-bottom-understanding-monetary-debasement
u been buying, now u bashing silver after u sell everything and owe it to a story about a gorilla that will smash the prices of....I guess everything you have sold. I think you will find you have made a mistake of a lifetime, the real metals run has not even started. yeah yeah i will hear back from u, i will not respond other than to say get ur head straight or else miss the biggest run in metals of your lifetime
LoL yes ! have you ever heard of George Carlin ? a visionary ......... chocked full O ' common sense . first & foremost ... EVERYTHING is a scam , o.k. ? in this reality , that is the platform . yes the market / markets are controlled / manipulated . although Bitcoin seems to be shining a Lil ' bright , even though it is invisible & only exists in a digital dimension . welcome to Bizzaro world .
There is no question in my mind, the metals market, ETF's, dealers, are the most manipulated markets in the world.
What Red is saying he understands this and plays the game. Or at the very least tries to understand how and why
it seems as though post # 36179 is actually agreeing with the status of being controlled .......... no ?
It seems that you are still having a hard time believing that the silver market is controlled. It does take awhile to comprehend. If it is taking you awhile to understand that the metal markets are controlled, how long will it take you to comprehend that ALL markets are controlled. All the stocks are owned through the Cede Co. Daily trading is done via derivatives, not the actual shares of a stock. If you are holding a stock, you are not actually holding the stock. You are only holding a digit of the stock. The actual stock is owned. And not by us:
https://www.whydrs.org/post/cede-ing-ownership-why-almost-all-publicly-traded-stock-belongs-to-one-company
https://en.wikipedia.org/wiki/Cede_and_Company
Who owns Cede Co and all the stocks that they control?
All markets are owned and controlled. Especially the metal markets. The US is a corporation. The entire world has been incorporated.
The US is a corporation that was created between 1871 and 1933. The US code was created in 1933 and is indicates that the US is a corporation:
https://www.law.cornell.edu/uscode/text/28/3002
(15)“United States” means—
(A)a Federal corporation;
What is debt?:
(3)“Debt” means—
(A)an amount that is owing to the United States on account of a direct loan, or loan insured or guaranteed, by the United States
Debt is a loan.
All municipalities in the US are corporations. If they are not corporations they are labeled that way:
The world is owned and controlled.
We'll get rate cuts this year. They'll come when no one is expecting them. We'll tune in some day in July / august and get the announcement.
What will silver do in the mean time. Can we get to $30 an oz by mid April? Not likely, but I expect we'll go maybe $2.00 higher from here.
Just my opinion, but interesting times. Glad I got in when I did.
There’s nothing scientific to it it’s manipulation through and through
Watch how this works:
1 week silver chart:
https://www.bullionvault.com/silver-price-chart.do
5 day dollar chart:
https://www.marketwatch.com/investing/index/dxy?mod=home-page
Why?
Jerome Powell says rate cuts appropriate this year:
https://www.marketwatch.com/livecoverage/jerome-powell-testimony-s-p-500-futures-rebound-ahead-of-fed-chair-s-comments?mod=home-page&mod=home_editorspick
Rate cuts = weaker dollar.
Weaker dollar = stronger market and stronger metals.
Weaker dollar = less demand for bonds:
https://www.marketwatch.com/story/investors-rush-to-snap-up-bonds-before-the-fed-starts-cutting-rates-45fc94fd?&mod=home-page
The Federal reserve is in total control of the worlds economy.
If you get into financial stocks and real estate stocks PRIOR to the rate cuts you will do well.
Shorting bonds may be a good idea.
Rigger’s are working overtime today
No deliveries due until May:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173968332
The filled all March contracts already. They SMASHED the price over the 2nd half of Feb to fill March contracts.
Also always pay attention to what the dollar is doing:
https://www.marketwatch.com/investing/index/dxy?mod=home-page
We've seen a huge move in the pps the last couple of days!! What's going on?
Man silver is suckn it up.. any fed pivot will send it higher though
Per my update the other day we are moving to $194/$24 resistance, once that breaks we need $200 on GLD and $27 on SLV to break which i think happens later in the year during pre election time when the VIX will begin rising, but expect modest rises until then! Big bull pattern on higher level timeframes, a right bullish shoulder of a head and shoulders has been winding up on the Weekly
no one is attempting to prevent it , Vivek Ramaswamy is the only one really that's shedding light on it . so far it seems to have been " green lit " .
Yeah stuff like this will happen if we allow it:
BEHOLD ....... the ultimate control engine . executive order 14067 , complete restructuring of the U.S. $ , I've mentioned this last year , most weak minded religious sheep refer to this as " the mark of the beast " , accepting the Satan . MUCH TO LOOK FORWARD TO !!! https://www.zerohedge.com/political/american-totalitarian-crypto-dollar-may-come-election
If you have not already noticed, start to pay attention to the power of the Fed, interest rates and the dollar. Look at what happens to the world when a little thing like yesterdays CPI numbers happen.
https://www.barrons.com/livecoverage/cpi-inflation-data-january-report-today
They thought that the CPI would come in at 2.9 but came in at 3.1. Because of that one single little piece of news the markets went nuts. The dollar spiked, the interest rates went up. The markets crashed. The metals crashed.
The whole world is interconnected. It is all controlled. The FED has total power.
Because the CPI came in higher than expected. That means that the possibility of rate cuts are slimmer. The market over reacted. Nothing has changed. That was a fantastic dip to buy. Interest rates will not be increased. Nor will they be cut. Nothing has changed. But the markets JERKED because of the possibility of a move by the FED,
THAT is how much power the FED has. A private bank. Over all the economies of the world. They control the dollar and the fate of the world. All markets are at the mercy of the FED and the dollar. PERIOD.
I am bringing it to your attention. It is your job to watch it and see the patterns.
You will see a recovery from here.
This was a great buying opportunity for metals. And leveraged metal stocks. There are no deliveries due until the end of March
https://www.cmegroup.com/markets/metals/precious/silver.volume.html
Look at the SLV futures volume the last 2 days. They may be keeping it low due to the silver price last year which was 21.86
https://www.bullionvault.com/silver-price-chart.do
It went down to 20 in March last year. If that is what the price was that contracts were created.................
And that price was so low due to interest rate increases. The dollar was flying high. This year we have a different situation. Interest rates are steady.
So let's all watch and learn.
Princess,
"Bring it down to $16 the Comex will go bust !!!
Come on bankers do your job"
At this point I don't know where the bottom is........
Bring it down to $16 the Comex will go bust !!!
Come on bankers do your job
Looks like more buying opportunities....
I will add some more...
Another fake crack up, boom in the dollar
Pack10,
It's boring but I accumulated a good amount in this boring phase, I will wait for the jump up, that will be the exciting part.
Nothing going on to make silver move in either direction. Pretty boring at the moment.
Pack10,
I been buying some but who knows, I keep telling myself when I bought last couple days I'm getting more at a good price ?
I feel like we could be in a trading range for the next 30 / 60 days.
Seems directionless, nothing going on that would make the manipulators move the pps
Down again....
I bought some more AGQ @ $24 today....it's a wild ride with silver.
It's all about the dollar. The dollar makes everything happen.
Did you see what just happened?
Dollar:
https://www.marketwatch.com/investing/index/dxy?mod=home-page
Silver:
https://www.bullionvault.com/silver-price-chart.do
Market:
https://www.marketwatch.com/investing/future/ym00
The dollar moves all the markets. Who controls the dollar?
Quite a bit of SLV dumped into the market yesterday too.
https://www.cmegroup.com/markets/metals/precious/silver.volume.html
It’s so laughable now that they slam gold and silver at the exact same time gee, what a coincidence
Pack10,
I took advantage of this drop, picked up 200 AGQ at 24.71....I think anything under $25 for AGQ is good.....
Thanks, I'm keeping a close eye out on a number of stocks. SLV and AGQ are dancing around this range.
don't see any real upside??
I'm putting in a limit order
Pack10,
Prices come down again, not too late it seems.
It’s called jibberish ….
$SLV
Plenty of time yet.
https://www.bullionvault.com/silver-price-chart.do
You should see silver to 25 dollars.
https://investorshub.advfn.com/ProShares-Ultra-Silver-AGQ-15722
I think you see AGQ get to over 30.
Well I missed out on this latest run. Thought sub 20 was coming. Next time, LOL
I'm buying in at this point.
Same here. Time to load up IMO
Whether you look at SLV or spot, the charts move the exact same way.
https://ih.advfn.com/stock-market/AMEX/ishares-silver-SLV/chart
https://www.bullionvault.com/silver-price-chart.do
That is because the owners use SLV to control the price of silver. So you simply look at the highs and lows on either chart. We are definitely closer to the bottom than the top. I'm buying in at this point.
As far as inflation. This is the place I will look for honest inflation reporting:
https://www.shadowstats.com/alternate_data/inflation-charts
Inflation is going down. We aren't as low as they would like, but we are getting there.
As far as demand for silver moving the market.......Not a chance. There is no way that silver demand moves the market. There are endless examples, but one of the recent examples of the "Silver squeeze" that happened not long ago. The demand for physical was higher then than ever and with the click of a mouse the owners SMASHED the price of silver to whatever they wanted it to.
It doesn't matter if the demand for physical is sky high or totally unwanted, the owners control the price of silver using SLV. if there is higher demand for physical and the price starts to move higher, they dump more SLV into the market to control the price. Or if there is no demand for physical they reign in the SLV creation and allow the price to self regulate.
The price of the metals, gold silver and others too, are all controlled.
Demand doesn't matter. Contracts do.
https://www.cmegroup.com/markets/metals/precious/silver.volume.html
81,064 SLV volume yesterday X 5000 ounces per contract = 405,320,000 ounces of silver used yesterday to control the price of silver.
https://www.bullionvault.com/silver-price-chart.do
That is why there was a 60 cent SMASH in the silver price yesterday.
Almost 9 BILLION dollars worth of SLV digits to SMASH the price.
The metal markets are completely controlled. Demand for physical does not matter when they can dump Billions of dollars worth of SLV into the market in a day to suppress the price of silver.
Let me give you a comparison.
https://finance.yahoo.com/news/ev-demand-could-major-effect-140000881.html
"Overall, the automotive sector uses 55 million ounces of silver annually"
55,000,000 X 20 per ounce = 1.1 billion dollars.
Even if you use this:
"And by 2025, that amount is anticipated to increase to 90 million ounces"
90,000,000 X 20 per ounce = 1.8 billion dollars.
That is a yearly number.
And just YESTERDAY they dumped 9 BILLION dollars into the market to suppress the price of silver.
Demand for physical doesn't matter.
The Algos that they use to control the market does. Dollar strength matters. Contracts matter. Profits matter. We don't matter.
I believe you are quoting spot silver not SLV. Take another look. The 52 week low on SLV is 18.38, high 23.94.
So we're about 10% from the low.
I do not believe we'll get any form of a rate reduction until mid summer. Inflation is still out there and running strong as I see prices.
Sure, sum things have went down but food remains high. Eating out, services, food are all higher.
If we look back supply and demand was pushing silver higher. Many were convinced metal backed currency was coming. The big driver, IMO, was the EV push.
Many articles on the subject talked about the amount of silver in an EV. Up to a kilo. The talk was of sortges, just to drive the prices higher.
Today, EV's have run there course. Demand is down supply is pretty much back to normal.
So where does the pps settle in?
Remember that last years drop was due to interest rate increases and the dollar strengthening.
I am not so sure that the price of silver follows suit.
But then again, it all depends on what the settle price was for the contract creation 1 year ago. ;)
Even with the dollar strengthening last year March, the price of SLV only got down to 20. But it rebounded to 26 rather quickly by May.
Aside from March and Oct of last year, we are currently at the bottom. And the reason for March and Oct of last year was due to interest rate increases or the Fed hinting at interest rate increases. All fear and market reactions derived from the strength of the dollar.
I don't see this going much lower from here, certainly not lower than 20.
https://www.bullionvault.com/silver-price-chart.do
https://www.cmegroup.com/markets/metals/precious/silver.volume.html
Correct. Teens are coming!
Buy the physical!
Coming down some more....
Hasn't been this low but a couple times in last 12 months....
Pack10,
Not sure how much lower it can go but I continued to nibble on AGQ on Friday.
I don't think silver price can fall more than $1 from here, but if it does I'll ready for it.
Excellent time to be paying very close attention. This is the price range one can make $$$
19.50 may be a good time to load up.
For the phyical sliver lovers. You can now buy a kilo silver bar at .99 over spot
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