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Thursday, February 24, 2022 12:25:22 PM
Here are the futures contracts for March:
https://www.cmegroup.com/markets/metals/precious/silver.volume.html
31,284 contracts need to be filled for March. There are 5000 ounces per contract. So there are 156,420,000 physical ounces that need to be delivered in March.
Now it costs the cabal nothing to create SLV and dump it into the market and SMASH the price of silver. Look at what they did during the "Silver squeeze." The dumped BILLIONS of ounces of SLV into the market to smash the price. It costs them nothing. Just the push of a button.
However, If they created a delivery future contract 1 year ago at 22 dollars and the price of silver is at 25 dollars that is a 3 dollar difference. They created the contract at 22 and the current price is 25. That is a 3 dollar loss per ounce.
On the example above with 156,420,000 physical ounces needing to be delivered at a 3 dollar loss per ounce would be a $469,260,000 dollar LOSS.
If the current silver price is higher than the contracted price the bankers lose money. The cabal does not like to lose money.
If costs nothing for them to SMASH the price down to the contracted price.
So I guess we'll see what we see...........
The already smashed the price today by a dollar. We'll see tomorrow how much SLV they dumped into the market to achieve that smash......
https://www.bullionvault.com/silver-price-chart.do
And believe me, they made money on the way up from 22 to 25 and they will make money on the way back down as well. They win! You lose!
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