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Wednesday, July 28, 2021 9:38:26 AM
Here is the price action:
https://www.bullionvault.com/silver-price-chart.do
We went from 25.15 down to 24.51. That is a .66 cent SMASH!
How did this happen?
Let's take a look:
https://www.cmegroup.com/markets/metals/precious/silver.volume.html
85,862 silver futures contracts were created and dumped into the market to cause this smash. That is compared to 43,077 from the day before. So they used 430 million ounces of paper silver futures to SMASH the price of the metals down.
Is this what you really want to be investing in? Where did all the silver squeeze pumpers go? Why aren't the metal salesmen teaching you this?
Whatever price they want the metals to be they can achieve it.
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