iShares Silver Trust (SLV)

[AlwaysRed]

Nope, that answer doesn't have anything to do with the Hunt brothers or Bear Stearns......

That's what I thought.

Bear Stearns silver short position was inherited by JP Morgan. They had to buy physical off the open market to cover the short position. THAT is why the price ran to 50 the last time. Once they had enough physical they SMASHED the price again using the current system:

https://goldsilver.com/blog/why-the-collapse-of-bear-stearns-changed-the-silver-market-forever/

https://www.butlerresearch.com/february-12-2014-the-real-bear-stearns-story/

In the 80's the Hunt brothers tried to corner the silver market by trying to buy all the physical silver. They lost to Greenspans algorithm. The computer can create more digits than there is physical. Silver futures contracts. SLV Magic digit silver. The Hunt brothers learned the hard way:

https://priceonomics.com/how-the-hunt-brothers-cornered-the-silver-market/

https://www.traderslog.com/hunt-brothers-silver

https://www.businessinsider.com/hunt-brothers-trying-to-corner-silver-market-2016-5?op=1

"The Hunts, who didn’t trust the government and regulators, accused exchange officials of having short positions, so that they would profit when silver prices fell. The Hunts believed the exchanges were betting against them."

So there is an explanation for the largest runs in the silver market.

I'm not sure what party you are referring to. I've never met little johnnie. I'm not sure who was late to a party.

What I do know is that the bankers that own the world are in control of every countries currencies and also all the metals. They actually own the largest metal horde in the history of mankind. They own the banks and the corporations.

They sell their silver to their corporations. They want their corporation to be profitable. They control the price of the metals and they have under the current system for at least 100 years. Before that I am sure they controlled the quantity that was allowed into the market and controlled the prices that way.

There are many that believe that there are MOUNTAINS that are filled with metals. Gold and silver. The Grand Canyon and other national parks as well.

Let's see what the price of silver looks like over the next 4 weeks. We are getting close to a top here. Will they allow it to go to 26? Not sure. But I see 20 dollar silver in the near future.

Nudge nudge wink wink:

https://ih.advfn.com/stock-market/AMEX/proshares-ultrashort-sil-ZSL/chart