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Re: DTGoody post# 34383

Saturday, 04/03/2021 11:18:17 AM

Saturday, April 03, 2021 11:18:17 AM

Post# of 36364
Our physical stacks are similar.

Perhaps I have been in the game longer. I started stacking in '08. That darn Ron Paul. Porter Stansbury and John Williams had a lot to do with it too back in those days.

I understand the fundamentals of the metals. Gold and Silver are money and everything else is credit. Metals are free of counter party risk.

We are told there is a limited amount of metal:



But for the most part what we are told and led to believe about the metal markets are told to us by metal salesmen.

We are told that the economy is going to collapse, by metal salesmen.

We are told that silver is now coming out of the ground at a 9-1 ratio instead of the historic 15-1 ration, by metal salesmen.

As long as the financial system is run by central banks they will have complete control of the silver price via paper future contracts.

I do not see an end to the current system any time soon.

The money I invested in silver has cost me millions of dollars in actual and potential profits. The inflation that is built into the system has not been hedged by metals. Quite the opposite in fact.

Perhaps in the distant future when central banks are not in control of the earths money, then we may see silvers true value.........But when is that going to happen?

Keynsian economics are a slippery slope and they started for good in 1913 when the ponzi scheme started. There is no way out and no way to stop the system.

I wish I knew about paper silver futures contracts when I started buying massive amounts of physical. I have litterally lost a fortune stacking silver.

I only want people to understand the system and prevent the same losses to others that I have sustained.

https://www.cmegroup.com/trading/metals/precious/silver_quotes_volume_voi.html#tradeDate=20210402

350 million ounces of paper silver dumped into the market on Thursday alone. The control the price of metals with the click of a mouse.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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