iShares Silver Trust (SLV)

[AlwaysRed]

Lots of manipulation. the bankers could smash this back to 18-20 by July. We'll see....

This is the only metal salesman I listen to anymore. I do not agree with his belief that there is a silver shortage. You can buy it from him of course. And you can buy silver from 1000's of other online dealers.

However, I enjoy his work on the manipulation. How it is done and by whom. The mechanics.

I have understood the fundamentals of silver for over a decade. I have been in the metal markets for about 13 years now. I have a bunch of books on silver and economics. I studied the federal reserve obsessively for 3 years. I know all about our system. I full understand that the price of silver and gold should be substantially higher than they are now.

I certainly would love the shackles of the manipulators to break. But as I mentioned before, the consequences of that would be terrifying. And the bankers will continue this manipulation as long as they can as their entire system and livelihoods depend on it.

I believe that the unmanipulated price of silver would be a minimum of 2000 dollars per ounce.

But the bankers have a system that controls the price and I have been trying to teach that system here. The bankers have control. The bankers have placed their puppets in positions of power within the government. The bakers and government collude to manipulate the price of metals. They are very powerful and have all the power and political will they need to continue this.

Let's keep watching and see what happens to the price of the metals over the next few months.

I believe they will continue to hammer the price so they can fill their contracts with no losses.

They have over 118,000 contracts to fill for July:

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

The price of silver last summer was 18-20 dollars per ounce via SLV. If the contracts were created at 20 and the price of SLV is at 25. They will lose 5 dollars per ounce on every contract.

I'm watching right with all of you.......