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AlwaysRed

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AlwaysRed

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Friday, 03/31/2023 10:00:50 AM

Friday, March 31, 2023 10:00:50 AM

Post# of 36465
91,056 futures contracts need to be fulfilled for May deliveries. 91,056 x 5000 ounces per contract = 455,280,000 physical ounces due to deliver:

https://www.cmegroup.com/markets/metals/precious/silver.volume.html

Last year this time starting on April 15th they smashed the price from 26 dollars per ounce to 21 dollars per ounce:

https://www.bullionvault.com/silver-price-chart.do

Then for July deliveries they smashed it down to 18.

I know it is exciting right now. They are allowing prices to rise a bit. They are making money on this rise. They will short this run and smash the price for deliveries.

Be careful

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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