Thursday, May 19, 2022 2:13:19 PM
https://www.cmegroup.com/markets/metals/precious/silver.volume.html
Look at how that correlates with the price of silver over the last week:
https://www.bullionvault.com/silver-price-chart.do
Look at the open interest curve. It bottomed out and is now starting to rise again.
Look at how the May deliveries are just about completely finished. Remember there are no deliveries again until July. So we are looking at a rise for a month from here out.
There are other factors. Dollar strength or decrease, Oil, stock market collapses or rises.
However, the big picture trend that has taken place in SLV to smash the price for deliveries has been a constant.
These banks and corporations that are all owned by the same people are profiting from this scheme.
We have been warned in the past:
I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around [the banks] will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs. - Thomas Jefferson
“I see in the near future a crisis approaching that unnerves me and causes me to tremble for the safety of my country. . . . corporations have been enthroned and an era of corruption in high places will follow, and the money power of the country will endeavor to prolong its reign by working upon the prejudices of the people until all wealth is aggregated in a few hands and the Republic is destroyed. - Abraham Lincoln
“It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.” - Henry Ford
“I have two great enemies, the Southern Army in front of me and the bankers in the rear. Of the two, the one at my rear is my greatest foe.”— Abraham Lincoln
A Democracy is 2 wolves and a lamb arguing what's for dinner. In a Constitutional Republic the lamb is armed. We live in a Constitutional Republic.
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