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Progress?
It is all about contracted delivery prices.
The banks lose money on every dollar that silver rises above the contracted price.
The need to be able to get the price of silver down to the contracted price so they can by silver from the miners to fulfill the contracts.
So this not only involves the banks but the Govt and the miners as well.
The Gov can't impose the law on the banks for if they did the entire system would collapse. The banks rule the roost.
Every now and then they'll throw a nobody under the bus. But as far as stopping the manipulation, it's impossible.
I think that we have done a good job at educating people here on this board. An education is the key. We have to raise awareness. The 400 followers of this board is nothing. Think of all the people out there that believe all the metal salesmen! It is all a big corrupt game. How do we teach people? I have been frustrated about this for years. I do the best I can. every now an then there is a new follower here, and they all come in and say the same things. They say EXACTLY what the metal salesmen say. And the metal salesmen are in on it. They only want to sell metal.
I have shown the level of manipulation. The numbers are extraordinary. They are unimaginable. And there is no stopping it, because if they did the entire system would collapse.
I have no idea what else I can do. I think I have proven my point by now.
It is easier to fool someone than to convince them they've been fooled.
And also on the illegal immigration topic. They not only create the debt bringing them in, but when they get here and get jobs. They earn dollars and send them out of the country back home to Mexico or south America! So they are exporting the inflation.
They sponge up the dollars while here and send them out of the country exporting inflation. The Govt loves that.
That is why they created the petrodollar. So they could export dollars/inflation out of the country. In this instance the illegals are not only sponging more dollars while they are here in the US but they are sending those dollars out of the US and exporting inflation. It is an excellent idea to keep the system going.
If they can't export enough dollars to control inflation, allow more people into the US to absorb the dollars! The more people there are in the US the more demand for dollars.
If all the dollars were to stay in the US there would be massive inflation. That is why the US spends so much money on wars OUTSIDE the US. So they can create the debt necessary to keep the system going and also export the dollars. Create and send dollars to Ukraine. Create and send dollars to Israel. Create and send dollars to Iraq, Afghanistan, Libya, Syria, etc. Create debt and export it.
THAT is one of the reasons they allow all the illegals into our country. Everything has something to do with the dollar and this debt based system at interest.
You have to understand the system and then you realize so many things. You understand why things happen as they do. It all makes sense.
Remember this? I just posted this when the price of silver was 26:
"If the CME contracts delivery of silver last year at 23 dollars for the month of Dec and the current price of silver is 26 dollars, who takes the loss of the 3 dollars per ounce for delivery? What can the CME do to get the price down to 23 dollars so they don't have a 3 dollar per ounce loss on the Dec deliveries?"
How did I know that the price was going to be 23? HOW DID I KNOW?
Because silver is contracted out 1 year in advance. Silver futures contracts. Guaranteed locked in prices. The Dec contracts needed to be delivered. The physical metal needed to be bought off the market to fill the Dec '22 contracted price that needed to be delivered in Dec '23.
The metal prices are manipulated. The are all dictated by contract pricing. Now how can the price of silver go to 50 dollars per ounce if it is contracted to be delivered in 1 year at 23? HOW?
Do you realize the losses that the banks would take if the price of silver was even 5 dollars above the contracted price? BILLIONS.
Now think even more if you can. Why aren't the metal salesmen talking about that? They don't mention that do they? But they know. They also know that there is not going to be an economic collapse. They also know that it is impossible to have a gold standard again. But they don't tell you that do they?
It is easier to fool someone that the prove to them they've been fooled.
I am sorry that they have fooled you for so long. They got me too. They got a lot of us.
Never trust a metal salesmen. If you watch a video about world events or the economy by any of your people, and they end the video with an advertisement on where to buy your gold and silver, they are profiting off your ignorance. Bix Weir, Wrongaroni, Malloney, Schiff, Sprott, Zang.....ALL OF THEM! They are metal salesmen and their job is to sell you metal. And to say whatever they need to to sell metal. Whatever it takes. Lies
They need that to create the debt necessary to keep the system going.
The more debt the better for the economy.
I am sorry I was wrong about some gold futures numbers in the post I am replying to.
There are not 5000 ounces of GLD per futures contract there are only 100. There are 5000 per SLV contract. NOT gold. My bad.
So the amended numbers dumped into the market yesterday are as follows:
412,107 X 100 = 41,210,700
41,210,700 X $2069 = $85,264,938,300
So NOT 4 trillion dollars worth of GLD dumped into the market. My bad. It was "Only" 85 BILLION.
Give it some time. It will be 4 trillion someday. lol
Sorry guys. But I caught my mistake.
In this post I am replying to I mentioned the climate debt was going to rise.
"And you watch that climate debt rise and rise."
Well look at what we have here:
https://www.zerohedge.com/markets/climate-grifters-want-trillions-more-taxes-solve-global-warming
They need programs like this. Wasteful programs, to continue to create the debt necessary to keep the system alive. You see they use the system against us. All of the programs they create are against us. They are not in our best interest. But they are necessary to keep the debt system going.
The Department of homeland security, debt creator...Oppressive.
TSA - Debt creator, oppressive
Climate change/global warming - Hoax debt creator, oppressive
The military industrial complex - Debt creator, profit creator, oppressive.
I could go on and on with the thousands of programs that are not in our best interest but are necessary to keep the system alive.
It is no coincidence that the Income tax and the federal reserve system were created in the same year. 1913. They needed our tax money to pay the interest on currency borrowed and created from nothing. We are slaves to this system. And they use the system to make us sick, control and kill us.
1984. George Orwell wrote a great script.
So lets look at some interesting parallels. Why do the gold and silver markets move exactly the same way at the exact same time?
Here are the current gold and silver charts, 1 week charts:
Here is the one week gold chart:
Here is the one week silver chart:
Here is the gold futures volume chart:
https://www.cmegroup.com/markets/metals/precious/gold.volume.html
And here is silver:
https://www.cmegroup.com/markets/metals/precious/silver.volume.html
Take a look at how they use the SLV and GLD futures markets to control the gold and silver markets simultaneously.
You think they use a lot of digits to control the price of silver? Get a load of this.
412,107 futures contracts of gold dumped into the market yesterday.
412,107 X 5000 = 2,060,535,000. So that is over 2 BILLION ounces of Gold. Gold yesterday was at $2,069 dollar before this big smash. Remember these are just digits. There are endless digits. They can use as many digits as they need to control and manipulate the market. But this example is for 1 day.
So just yesterday they used 2,060,535,000 ounces of gold X $2,069 dollars which totals = $4,263,246,915,000
Guys, to smash the price of gold just yesterday they used over 4 TRILLION dollars worth of GLD.
It does not matter if that number is million, billion, trillion or quadrillion. It is just digits and it is all controlled by AI algo's.
This is what we are dealing with here. It's not just the silver market. It is all markets. They are all controlled and manipulated. If that is the manipulation in just one day. Imagine what that total is over 1 year. Over 1 decade. And that is in just 1 market, the gold market.
For this very reason nobody knows what the true value of gold should be right now. Gold very well should have a value of over $100,000 dollars per ounce and silver over $2,000. People that try to estimate the true value of gold and silver try to look at how much paper GLD and SLV has been created. Many say 1 hundred times. I think that is grossly underestimated.
But in the end it is all simply digits and they have plenty of them to use. An infinite amount to be exact.
Well you said 60 by year end on 7/25 of this year. So their incorrect prediction is less wrong than your prediction.
My prediction is by mid 24 - 25 the price of silver will be between 22 and 28 dollars per ounce.
There will never be a gold backed currency again. It is a sales tactic. They have been saying that for decades too. It is impossible to have a sound currency in a debt based interest bearing economic system. You can't have something sound pegged to something that needs expansion in perpetuity.
All currencies in the entire world would have to be backed by gold simultaneously.
How is that possible?
Where would all the gold come from?
How could every central bank in the world back every currency with gold at the same time?
If they only backed one, there would be massive demand for the one currency while all the others would crash.
Where would all the currency that is backed by gold come from?
How would it properly be allocated?
When was the last time you saw gold in circulation?
The idea that there could possible be a gold standard is ridiculous.
So when they make gold and silver legal tender......
Do all of the banks start holding gold and silver?
Do all the stores in the US start holding gold and silver?
How do we account for daily price fluctuations when spending gold and silver?
How do you make change for purchases and sales in gold and silver?
Where do all of the businesses and banks get the gold and silver to trade with?
Do the businesses hold gold and silver in a vault on location daily so they can trade with it?
What type of infrastructure is in place to be able to accommodate transactions with gold and silver?
What if you go to a gas station and start pumping gas and then the money vultures SMASH silver by 1 dollar while you are pumping gas? How do we account for that?
Where will the average citizen get gold and silver to transact with?
Who owns all the gold and silver?
Would we have to buy gold and silver from the banks to transact with?
Would the sales of goods and services include the premium price of gold and silver?
How do we save the gold and silver that we are not transacting with? In our houses? In banks? Where will the banks hold the gold?
Will there have to be a new system created beside the existing system for the banks to be able to hold gold and silver and know how much is yours?
How will we hold the banks accountable so we know that they actually have our gold?
Will all of the retailers and banks have to assay the gold and silver prior to exchange to know that the coins are authentic?
Will every transaction have to dye test the metal to see if it is real?
The more this bottombounce guy posts the more I think he works for a metal salesman. There is no common sense or critical thinking to his posts and he does not answer any questions that counter his sales pitches.
You have to understand the economic system. You have to use common sense to understand the impossibility of there being a gold backed currency. It would be literally impossible.
I know the price from last year, look at the chart from a year ago:
https://www.bullionvault.com/silver-price-chart.do
Look at the amount of SLV dumped into the market yesterday:
https://www.cmegroup.com/markets/metals/precious/silver.volume.html
Another increase in the dollar yesterday putting pressure on the metals:
https://www.marketwatch.com/investing/index/dxy?mod=home-page
1 year ago today silver was at 23.70
On Dec 19th it was at 23.96
Right now we are at 24.48
Does anyone think that is a coincidence when they are buying futures contracts 1 year out?
Watch what happens over the remaining days of Dec until all of the Dec contracts are filled. 1554 remain for Dec. Once those are cleared out lets watch what happens to silver until March contracts need to be delivered.
They don't all say this:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173266649
Yeah! Don't listen to them. Let's listen to people that have been wrong for decades!
Gotcha. Hey, Why is silver going down? Why isn't wrongarino taking about that? Why isn't he talking about silver contracts? Which metal salesman is he promoting? How much is he getting for that? hmmm.......
They have the delivery open interest for Dec down to 2018 contracts:
https://www.cmegroup.com/markets/metals/precious/silver.volume.html
I am sure that they move as many contracts forward as they can and they leave the actual PHYSICAL deliveries for last.
You see that for March there are 126,340 contracts due. Here is what that equates to:
126,340 X 5,000 = 631,170,000 MILLION ounces of silver
631,170,000 X current silver price of say 24 for easy math = $15,792,500,000. So that is 15 BILLION dollars for delivery in March. Now a lot of that will get moved forward to May. You can watch it happen live when we get there. You have to pay attention.
So right now there are 2018 contracts left for Dec and I am sure that all of those are for PHYSICAL delivery. They leave those for last. And they need to be fulfilled this month. So lets look at that small number. LOL
2018 X 5,000 (There are 5000 ounces of silver for every contract) = 10,090,000 ounces left for deliver for Dec
10,090,000 X current price of 24.50 = $247,205,000. So that is over 247 MILLION dollars worth of PHYSICAL silver that needs to be delivered still during the month of Dec.
If those contracts 1 year ago when the price of silver was 23.50 they are losing 1 dollar per ounce. So that would be over 10 MILLION dollars at the current 24.50 price. It would have been a 20 million dollar loss Friday at 25.50. LOL
So do they get the price back to last years price where the metal was contracted?:
https://www.bullionvault.com/silver-price-chart.do
Look at the one year chart on delivery months.
For Dec it was between 23 and 24 dollars per ounce.
There is a method to the madness.
Now it will be difficult to predict next year as they were increasing interest rates and the price of silver reflects that. For instance on March 5th the price of silver was 20 dollars. I am sure they were buying as much physical as they could at the time so they could profit on contracted prices. Buy physical at 20 and sell at a contracted 24. So I certainly do not think they are going to be smashing the silver price down to 20 this upcoming March. They won't have to. So the charts wont be as accurate because of the strength of the dollar due to interest rate hikes.
I hope you see this and I hope this makes sense.
Good luck
He was responding to a false prophet. I don't understand that guy either. He no speaka the engrish too goodly.
They have to..80 cents this morning already. And the metal religious cult was getting very excited. Watch it here tomorrow:
https://www.cmegroup.com/markets/metals/precious/silver.volume.html
I have shown how much they are liable to lose on these contracts if they let the price of silver to run.
What will they get the price down to?:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173337689
"Either way, it is nearly time to short SLV"
YOU are the one that said 2500 dollars years ago! LOL. Can't you even read your own posts?!?! I linked them. They are YOU saying that silver was going to be 2500 dollars in 3 years and that was in 2019.
Are you capable of comprehending? Why do you ignore people that are correct and continue to listen to people that are wrong? Are you mentally challenged? Do you have learning disabilities?
Is there something wrong with your frontal lobe?
The same metal salesmen have been saying the same thigs for decades and you parrot them. You are all wrong. You will continue to be wrong.
But keep listening to your pastors like wrongarino.
Keep posting nonsense that nobody is listening to. LOL
Here you go, you said it:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=165741929
Look at my post again and read your posts from the past. And they are all wrong.
Opportunity of a lifetime. LOL.
Hope you managed to do better than all the other bag holders here. lol
I am a critical thinker. I come to my own conclusion. I don't let somebody selling metals dictate my thinking. You do.
When the price of silver has been sideways for 15 years, what does that tell you?
So please explain to me what will happen to cause a change in the status quo? What will cause the bankers that own all the metal, all the mines, all the land, all the paper markets. They own CME. They own Blackrock. They own all the money. THEY ACTUALLY OWN THE MONEY. So what could possible happen for the bankers to lose control of EVERYTHING?
The metal price will only go where they allow it to go.
Let me ask you this smarty pants.
If the CME contracts delivery of silver last year at 23 dollars for the month of Dec and the current price of silver is 26 dollars, who takes the loss of the 3 dollars per ounce for delivery? What can the CME do to get the price down to 23 dollars so they don't have a 3 dollar per ounce loss on the Dec deliveries?
How do silver futures work? What is the silver pricing mechanism? How is it that there is inflation everywhere else in the economy and not in silver?
If they are making contracts that need to be delivered NEXT Dec right now......What do you think the price of silver will be one year from now? If they are contracting the delivery of silver for Dec '24 at the current price of silver which is 25. What do you think the price of silver will be one year from now so they can fulfill their deliveries?
And I am not educated? Listening to people, like yourself and all the metal salesmen that say the silver will be 50, 100, 300 dollars per ounce are idiots. There is no way that can possibly happen. Which is why you have been saying the same thing on this very board for 4 years.
Here this post is from 2020:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=157088171
150 per ounce? It can't because silver is contracted 1 year out and they control the price of silver.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=160498976
34-37?!? LOL When did that happen? It can't because silver is contracted 1 year out and they control the price of silver.
"Another silver run", when did that happen? Why do you still believe what they are telling you?:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=162179278
2021:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=165741929
Silver to 1000 to 2500! LOL Who is right me or you? Go back and read your very own stuff. You listen to the best of the best and you have been constantly WRONG for 4 years now. And I am the uneducated one! LOL. Seriously. Are you incapable of learning? Thankfully you are talking to yourself here and you are not influencing anybody to make any decisions. Because you have been wrong for ever.
And the uneducated guy is right. How many more decades do you need to see silver no higher than 30?
They own the markets. Silver is contracted.
Here are the contracts:
https://www.cmegroup.com/markets/metals/precious/silver.volume.html
Here are the settlement prices for the future:
https://www.cmegroup.com/markets/metals/precious/silver.settlements.html
Silver will be no higher than 26 dollars in Dec of '24. It is contracted.
And I guarantee you will still be listening to wrongarino and the rest of the crew selling you something that never appreciates. You will still be here saying the same crap. Silver to 2500 per ounce. LOL It's impossible. Because it is contracted.
How will you feel when silver goes up to 26-28 per ounce and then they smash it back down to 20-23?
What will it take for you to understand that you are being lied to?
What will it take to break you from your metal religion?
We'll see. Tough to predict right now. With interest rates leveling out. That means the dollar will begin to fall. Look at what Powell's remarks today did to the dollar:
https://www.marketwatch.com/investing/index/dxy?mod=home-page
And we know that the lower the dollar goes the higher that the metals go. So in order to combat the rising price of the metals due to the dollar falling they will need to really up their game here:
https://www.cmegroup.com/markets/metals/precious/silver.volume.html
And the last 2 days they have really cut back on SLV creation.
They only have 2313 deliveries left to fill for Dec and then there are no more deliveries until March. Between Dec and March is the time we see the most appreciation in metal prices for just that reason.
They are not SMASHING the price as much because they don't have to get the price lower for delivery fulfillments.
So for the next few months I will be watching closely. we know that prior to march deliveries they will need to get the price back under control and they will do that in Feb.
I know that we all recognize the sideways trend that has been in place over the last 15 years between 20 and 26. Will they keep it there or will they raise the bottom and allow a 30 dollar top and 25 bottom?
So there are factors. The dollar strength being one of them. And when they start to cut rates the dollar will tank.
Because of the fact that they have raised rates for over 3 years now there are stocks that have been decimated. Real estate stock being one sector. If I were a investor, and I am, I would be looking at interest sensitive stocks. Banking sector and real estate. Example. SLG. Look at what that real estate stock has done just today since Powel's remarks. I would assume that stock will double as they begin to cut rates.
So silver will obviously will still be under total control. But will they keep it between the 20-26 range? Or will they raise it to 25-30? Either way, it is nearly time to short SLV
Shouldn't be long. Have you seen the debt numbers. That debt needs to be repaid via dilution.
https://www.otcmarkets.com/stock/VNUE/security
2.5 bil and counting. That will be 3 bil very soon.
There is no investor demand to buy the dilution because this stock is a scam.
The MM's will soon be dumping into the bid to dilute because nobody is slapping their ask.
Toxic lending loop of death. And the funny thing about it is that Zach was acting like he was against toxic lending. LOL. This entire charade is a toxic debt dilution scam.
But he gets a nice check. And makes pretty videos of sing song time.
Glad you are paying attention.
A person can tell someone something a million times and that person won't believe it until they figure it our themselves.
Understanding the action of the markets in the AM is a step in understanding how the metal markets are fully manipulated.
I am sure that there are govt agencies, central banks and hedge funds that have algo's and AI that control the price. I am sure that they have the markets smashed each day around the same time and I am sure that they profit off every smash. It eventually becomes a self fulfilling prophecy as all traders are playing the AM smash.
Just like I have taught you guys here to play the delivery months. They are doing it, why shouldn't we. We should be making money off their game.
But people first have to get out of the silver to the moon mentality. They have to QUIT listening to the metal salesmen that have been predicting metals to the moon since the 80's. You have to give up HOPE and recognize what is happening. Let go of the faith of metals to the moon and play reality.
And the reality is the fact that the metal markets have been sideways for the last 15 years.
https://www.bullionvault.com/silver-price-chart.do
The reality is that the Govt, central banks, Blackrock, Vanguard, Hedge funds, the CME, the Treasury ETC have been manipulating the metal prices for ever. They own and control every aspect of the metal markets. They use our debt based economic system against us. They use the debt they need to create to control and manipulate the metal prices. The metal prices only go where they allow them to go.
PERIOD!
The metal salesmen know this, but they spread doom and fear to dupe people into buying. There is not going to be a collapse like they have been saying since the 80's. They have complete control of the economy. They have complete control of all of the worlds currencies and the quantity of issuance. The control the entire mechanism via interest rates using the bond market. They own the bond market.
If a country does not fall in line they manipulate their currency and crash their economy. They have been doing this for ever. The US govt has to do what the bankers insist, because the bankers control the US money and economy. If the US goes against the banks the banks will destroy the US.
The banks own the world and there is nothing that we can do about it. And it will get worse:
https://www.zerohedge.com/geopolitical/rothschild-wants-merger-between-corporations-governments-ai-save-capitalism
“If the American people ever allow private banks to control the issue of their currency first by inflation then by deflation the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered... I believe that banking institutions are more dangerous to our liberties than standing armies... The issuing power should be taken from the banks and restored to the people to whom it properly belongs.”
? Thomas Jefferson
Glad you are paying attention.
A person can tell someone something a million times and that person won't believe it until they figure it our themselves.
Understanding the action of the markets in the AM is a step in understanding how the metal markets are fully manipulated.
I am sure that there are govt agencies, central banks and hedge funds that have algo's and AI that control the price. I am sure that they have the markets smashed each day around the same time and I am sure that they profit off every smash. It eventually becomes a self fulfilling prophecy as all traders are playing the AM smash.
Just like I have taught you guys here to play the delivery months. They are doing it, why shouldn't we. We should be making money off their game.
But people first have to get out of the silver to the moon mentality. They have to QUIT listening to the metal salesmen that have been predicting metals to the moon since the 80's. You have to give up HOPE and recognize what is happening. Let go of the faith of metals to the moon and play reality.
And the reality is the fact that the metal markets have been sideways for the last 15 years.
https://www.bullionvault.com/silver-price-chart.do
The reality is that the Govt, central banks, Blackrock, Vanguard, Hedge funds, the CME, the Treasury ETC have been manipulating the metal prices for ever. They own and control every aspect of the metal markets. They use our debt based economic system against us. They use the debt they need to create to control and manipulate the metal prices. The metal prices only go where they allow them to go.
PERIOD!
The metal salesmen know this, but they spread doom and fear to dupe people into buying. There is not going to be a collapse like they have been saying since the 80's. They have complete control of the economy. They have complete control of all of the worlds currencies and the quantity of issuance. The control the entire mechanism via interest rates using the bond market. They own the bond market.
If a country does not fall in line they manipulate their currency and crash their economy. They have been doing this for ever. The US govt has to do what the bankers insist, because the bankers control the US money and economy. If the US goes against the banks the banks will destroy the US.
The banks own the world and there is nothing that we can do about it. And it will get worse:
https://www.zerohedge.com/geopolitical/rothschild-wants-merger-between-corporations-governments-ai-save-capitalism
“If the American people ever allow private banks to control the issue of their currency first by inflation then by deflation the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered... I believe that banking institutions are more dangerous to our liberties than standing armies... The issuing power should be taken from the banks and restored to the people to whom it properly belongs.”
? Thomas Jefferson
Silver will top out at 26 max and then they will smash the price back down to the 22-23 level.
https://www.cmegroup.com/markets/metals/precious/silver.volume.html
What happens to the price here when the merger takes place on the 15th?
Let me ask you this. If the population is expanding, which it is, what happens when there is a fixed currency? Eventually there would not be enough money for people right? Don't we need a currency that expands?
I hate the dollar ponzi scheme system. But I understand it. Most don't. I really hate people that try to pump silver and gold when the price never goes up. they pump it to simply sell it. There is no reason to buy physical gold or silver. There is no appreciation. There is no money to be made. I keep saying this for years and years and years. And here we are. Where is the 2000 dollar silver? 60 by the end of the year? LOL It laughable.
When will people finally see? The metal market is under complete control and it always will be. There is nothing that can break it free. If there is, please try to explain it to me. Don't just use faith. Faith isn't good enough. I want a detailed description of exactly the mechanics that will catapult gold and silver to much higher levels. And I want a detailed description as to how gold and silver would be used in daily trading.
Silver and gold is a religion. The metal pumpers are worse than evangelists. The apocalypse is coming....Any day now. LOL. They have been waiting for revelations to come to fruition for over 2000 years and it still hasn't come. Just like the metal salesmen saying that the metals are going to break out.
It isn't going to happen. It is a LIE.
The central bankers own all the gold. They dictate the price and all the pricing mechanisms. They own all the major corporations, all the media all the money. They own all the miners. The bankers control the world. But somehow they are going to lose control of the metal market. It is the retarded.
But that is how faith works. You believe in something that is absolute B.S. And you keep believing it for your entire life. And in this case you will die poor believing it. Wasting your valuable resources that could be used elsewhere to actually make money and sticking it into a dead sector. It is nonsense. The metal stackers will die poor. There is no appreciation in metals. buying metals is a terrible investment.
Here is the proof:
What a pile of crap.......
If there was no war, where would all the jobs go? What would happen to our economy? How would we export all the currency needed to keep our economic system alive?
https://www.thenation.com/article/world/weapons-spending-pentagon-2021/
Again, what happens to our economy? Where do all the people work? THINK
How can physical silver be a hedge against inflation? It is the stupidest thing I have ever heard.
Here is a chart of silver:
Here a couple charts of inflation:
If the metals were a hedge against inflation the metals charts would be exactly the same as the inflation charts.
Inflation comes from an increase of the money supply. Why is the supply of money increasing? I have explained this.
If metals were a hedge against inflation we would see a massive increase in the price of silver and gold but we don't. Why? I have explained this.
Why are you here parroting the same things the metal salesmen do? Why did you say that silver was going to be 60 dollars by the end of the year? Why are you always wrong and keep saying the same things? Which metal company do you work for?
They have Dec deliveries that they need to fill yet:
https://www.cmegroup.com/markets/metals/precious/silver.volume.html
31,964
After Dec deliveries are filled there are no deliveries due until March. This is when they usually allow the price of metals to rise a bit. Between Dec and March deliveries.
I expect 1 more smash prior to the end of Dec and then we see a nice rally until March.
We do have this to watch:
https://www.marketwatch.com/investing/index/dxy?mod=home-page
The only reason that the metals are rallying right now is because the dollar is declining. On 11-01 the Dollar index was at 106.88 and right now it is at 103.25.
On July 13th the dollar index was at 99.77 and the silver price was nearly 25 dollars:
https://www.bullionvault.com/silver-price-chart.do
Since that time, until this month, the dollar has risen and the metals have been down around the 22-23 dollar range. Even as low as 21.
I know that people understand now. All you have to do is pay attention. They have it all rigged. The bankers control the Govt. If the Govt doesn't do what the bankers want the bankers crash our economy. Simple as that.
Same people saying the same thing about silver for decades and silver is at 23 dollars per ounce.
Time to wake up and figure it out boomer
I am so sorry you guys. I feel awful as I know there were many here with a LOT of shares. I feel bad for you all.
I bet he is a Freemason
Does Nuclear even exist? Or is that just propaganda and fear mongering?
Here is the website for Zach's disruptive technology:
http://www.soundstr.com/
The only thing this has disrupted is investors portfolios.
The worlds falling apart! AHHHH The whole economy is going to collapse!!! AAHHHHH, Silver is going to 2000 dollars an ounce... AAAHHHHH
And yet here we are. everything is fine. The metal market is completely controlled by AI Algorithms.
Everything is fine. Stop listening to the metal salesmen.
It's not junk if you are shorting.....
Dollar up metals down.
https://www.marketwatch.com/investing/index/dxy?mod=home-page
https://www.bullionvault.com/silver-price-chart.do
All controlled by AI Algorithms.
https://www.cmegroup.com/markets/metals/precious/silver.volume.html
Interesting numbers:
In 9 months the "Company" raised $647,645 from dilution of the stock.
Proceeds from the Company’s equity line from the sale of common stock $647,645
Another $164,400 from Proceeds from the sale of Series B Preferred Stock
Over the last 9 months the total net loss of this "Company" has been: $-1,124,029
Accumulated deficit: $-38,151,090
That is over 38 million dollars. LOL
But they do have a net revenue of $245,779 over the last 9 months.
So if they could continue to generate 245,779 dollars every 9 months and use all those proceeds to pay off their debt of 38 million dollars it would take 1,391 months to pay off the debt which amounts to 115 years.
Of course they can't use any of that revenue to pay off debt. They use it to pay themselves.
They fund the Ponzi scheme off the backs of shareholders. Dilution
They use the losses for tax write offs.
"The accompanying condensed consolidated financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the settlement of liabilities and commitments in the normal course of business. As reflected in the accompanying condensed consolidated financial statements as of September 30, 2023, the Company had $28,433 in cash on hand, had negative working capital of $6,929,188 and had an accumulated deficit of $38,151,090. Additionally, for the nine months ended September 30, 2023, the Company used $941,419 in cash from operating activities. These factors raise substantial doubt about the Company’s ability to continue as a going concern within one year after the date of the condensed consolidated financial statements being issued. The ability of the Company to continue as a going concern is dependent upon the Company’s ability to raise additional funds and implement its business plan. The Company does not have any commitments for additional capital"
Weren't the shareholders supposed to receive 4.99% of revenue from RHL?:
https://www.prnewswire.com/news-releases/vnue-inc-receives-equity-interest-in-rockhouse-live-international-llc-301214395.html
Where is that in the financials? Is it fraud to promise something to shareholders VIA press releases and then not follow through? Isn't that lie fraud?
What about the 2 times he said there was an uplist to Nasdaq? Did anyone call the lawyer that was supposed to be setting that up? Aren't those lies fraud?
How many RHL locations have gone out of business already? Does anybody following this stock know? I do.......
Where did the team of pumpers go? Why did they all suddenly disappear? All of them gone just as fast as they showed up? Amazing right? A coincidence i'm sure........