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Re: Thinman13 post# 34045

Thursday, 02/11/2021 9:24:32 AM

Thursday, February 11, 2021 9:24:32 AM

Post# of 36495
The reason that silver ran in 2011 is because JP Morgan was buying all of the physical off the market it could find to cover their newly acquired short position after they took it over from Bear Sterns.

After they acquired all silver necessary they Smashed the price of silver with paper contracts like this:

https://www.cmegroup.com/trading/metals/precious/silver_quotes_volume_voi.html#tradeDate=20210210

Yesterday it didn't even take 90,000 contracts to SMASH the price of silver:

https://www.bullionvault.com/silver-price-chart.do

They dumped it down into the 26's again yesterday. It is very easy at this moment for them to control the price.

The big banks and corporations will never allow silver to achieve its true value which I believe should be in the 10,000 dollar range. Gold should probably be between 20 and 50K.

I'll keep showing this. There will be plenty that will still be hopeful. But this will continue to be the result.

My Dad always said: "Wish in one hand, shit in the other and see which hand fills up faster."

Lot's of people with hands full of shit over the last 40 years.

If all the physical silver is sold out from all the bullion dealers and it can't be found, why is silver 27 dollars per ounce? And how can demand go any higher than it is now?

The physical silver is still being mined and is still being shipped and allocated to the correct contracted companies. The bullion dealers are last on that list.

Good luck silver investors, You'll need it.