iShares Silver Trust (SLV)

[AlwaysRed]

The contracts for delivery were already made in the past. Delivery will be made with no issues. Contracts will be fulfilled.

This is the reason they have smashed the price of silver down near the 25 dollar rage:


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

The future contracts that were made in the past are now going to get filled. They need to smash the price of silver down to the price silver was at when the contract was made. Otherwise they have to pay the difference.

This is how they are doing it:

https://www.cmegroup.com/trading/metals/precious/silver_quotes_volume_voi.html#tradeDate=20210303

They almost have all the March deliveries covered already.

The next delivery month is May. Until May the price of silver may be allowed to rise a little and the bullion dealers may get filled back up. Of course they will fleece the public with extreme over spot charges. And the dumb public will fall for it.

Once May comes they will smash the price down again to about the range we are in now. Wash, rinse and repeat.

Now if you go through my past posts here you will see that I predicted this. I said months ago and even during the "Squeeze" attempt that the price of silver would be smashed down to 25 to fulfill deliveries. If you read my FFMGF posts you will see that I was saying the same thing over a year ago. Nothing has changed.

I am saying now that in May the same thing will happen.

The bankers have complete control of the metal market.

All contracts will be fulfilled and they will be fulfilled at the contracted price when the contract was made.

It is business as usual here.......Except for the gullible and unable to learn public.

Metal salesmen win again.