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Friday, May 12, 2023 8:19:23 AM
https://www.bullionvault.com/silver-price-chart.do
23.83 as I write. Down 2 dollars an ounce in 2 days.
How does that happen is this supposed "Bull" market?
https://www.cmegroup.com/markets/metals/precious/silver.volume.html
112,645 futures volume yesterday. That is what they dumped into the market to smash the price of SLV.
124,774 contracts is the number we are up to for July deliveries. I believe that what they did was moved some of the May deliveries to July. I believe there was less demand for silver in May and it allowed them to move the deliveries to July.
If the July contracts were created 1 year out, they will need to get the price of silver to between 18 and 20 dollars prior to July contracts being delivered. They have 6 weeks to do that.
They don't want to do it all at once as it will cause people to recognize that the price is being manipulated. (Which should be obvious by now to anybody that isn't an idiot) So they will continue to destroy your savings and wealth by smashing the price of the metals prior to their deliveries.
I know I know, but it's different this time. Is it? While we just saw them smash the price of silver down to 23.75. And the AM smash hasn't even happened yet. Do they get it down to 23 today? 22?
But the metal salesmen said...............
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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