iShares Silver Trust (SLV)

[AlwaysRed]

Look at this information:

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

Do you see below where it says May? Open Interest 20,919?

MAY 2023 72,702 0 1,202 73,904 100 1,102 0 0 231 0 20,919

That is the amount of Physical contracts that need to be filled still for May.

At the top where is shows the bar graph. Where it says volume...Yesterday was 127,723. That is the amount of digit silver they created. There is 5000 units of physical silver for each unit of volume. So 127,723 x 5000. That is how much paper/digit silver they dumped into the market to smash the price. After they smash the price they fill physical delivery contracts.

So the open interest number goes lower. While the open interest number is going lower throughout the month the VOLUME number goes higher. That shows that they are using digit/paper SLV creation to SMASH the price of silver so they can fulfill physical contracts.

You can overlap the volume bars with price smashes. The higher the volume bar the bigger the daily price smash. The higher the volume bar the lower the price of SLV goes.

Look at the open interest contracts that need to be filled for July. 110,369 contracts that need to be filled for July. As July nears they will need to have the price of silver near the contracted price so they don't lose money on the contracts. So as we near July you will see the VOLUME of SLV INCREASE! That VOLUME is the amount of SLV they are CREATING out of thin air.

The volume yesterday was 127,723. The higher the volume the more SLV they are creating. The more of anything there is the less value it has. They create SLV and dump it into the market and dilute the market. That SMASHES the price down. The numbers tomorrow should be pretty high too. They smashed it by .40 cents today. Just by creating SLV and diluting it into the market.

So to summarize.

The create SLV and dump it into the market to smash the price of SLV and silver. (Silver is priced in SLV)

After they smash the price of silver with SLV they then buy silver and fill the open interest contracts at the suppressed prices. This way the back does not lose money in their contracted silver delivery. If they created the contract 1 year ago at 25 dollars and they need to fill the contract today, anything over 25 dollars is a loss to the bank. If they create a contract at 18 dollars 1 year ago and they need to fill the contract at todays price they will lose 7 dollars per ounce on the contract. So they SMASH the price using SLV to get the price of silver to the contracted price.

They all settle using the SLV price. The physical silver market is priced using the SLV mechanism. They manipulate SLV. That is how they control the price of the metal. With SLV. The actual physical metal doesn't know that. LOL The physical market is determined by SLV.
Contracts are made and settled in SLV. So they manipulate the price of SLV by creating more SLV and dumping it into the market. The more SLV volume there is the more SLV they are dumping into the market. It shows that in the bar graph on the site above.

So, when delivery months approach you know they are going to SMASH the price to settle contracts. I have been trying to teach that for years.

There are endless digits. There could be a quadrillion SLV shares out there in the SLV world. We have no way of knowing. It is all hidden from us. But we can see them manipulate it daily by simply paying attention.