![](https://investorshub.advfn.com/uicon/706617.png?cb=1569698376)
Thursday, March 23, 2023 12:41:45 PM
https://www.otcmarkets.com/stock/SLV/security
This is an open ended fund. They can create all the paper contracts they want. And it is in the contract that they can pay out in FRN's. They do NOT have to deliver physical for SLV contracts. The more digits or paper SLV they create, the lower the price goes. The entire metal market is controlled by SLV GLD etc.
There are endless digits to manipulate the price. With the tap of a button they can create 1 BILLION ounces of silver. And they do it all the time. I say paper contracts, but in reality it is simply digits. They have algorithms that manage the prices of metals.
There are no shortages of metals. If retail runs out it just takes them a little time to restock. They always deliver their contracted physical.
They will allow the price of the metals to rise a little bit so that the miners can stay profitable. Inflation causes a rise in gas, machinery prices etc. So they will allow the price of metals to rise very slowly, but you will never see the metal markets get away from them. They have total control.
How much would TV's and cell phones cost if silver was 2000 dollars per ounce? The people that own the banks also own the corporations that use silver in their operations. They want the cost of resources as low as possible.
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.
Recent SLV News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/08/2024 08:40:23 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/03/2023 06:39:51 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/04/2023 06:19:53 PM
FEATURED Southern Silver Files NI43-101 Technical Report for its Updated Preliminary Economic Assessment for the Cerro Las Minitas Project • Jul 25, 2024 8:00 AM
Greenlite Ventures Completes Agreement with No Limit Technology • GRNL • Jul 19, 2024 10:00 AM
VAYK Expects Revenue from First Airbnb Property Starting from August • VAYK • Jul 18, 2024 9:00 AM
North Bay Resources Acquires Mt. Vernon Gold Mine, Sierra County, California, with Assays up to 4.8 oz. Au per Ton • NBRI • Jul 18, 2024 9:00 AM
Nightfood Holdings Signs Letter of Intent for All-Stock Acquisition of CarryOutSupplies.com • NGTF • Jul 17, 2024 1:00 PM
Kona Gold Beverages Reaches Out to Largest Debt Holder for Debt Purchase Negotiation • KGKG • Jul 17, 2024 9:00 AM