iShares Silver Trust (SLV)

[AlwaysRed]

Nope. That is why I'm holding. I'd say my average is 25. When Bear Sterns crashed and JP Morgan took over their short position. They were buying all the physical they could get their hands on to cover the short position. They drove the price up to around 50 bucks doing so. We'll the metal salesmen said that that was the moment that it was all going to crash and silver was going to its true value of 10,000 dollars. I bought into it along with a large group of us here. We all started buying like crazy. End of the world right?

Once JP Morgan acquired enough metals to be able to support their short position they used more paper future contracts to SMASH the price back down to where they have maintained it since.

My average is too high.

It funny that there are people that believe that metal price suppression is a conspiracy theory. LOL. So inflation has affected everything on earth accept silver in the last 20 years! Yeah right.

They have complete control of the metal markets. The sooner people realize that the sooner they can use their money to profit somewhere else. Instead of watching their investment go sideways for another 20 years.