iShares Silver Trust (SLV)

[AlwaysRed]

Here we are at 23.33 at the time of writing. Gold at 1952:

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

Metal charts moving in the exact same way.

So what the bankers have essentially done at this point is destroyed sentiment. People are seeing at this point that there is no bull market and that the metals are heading down. So retail are either selling or shorting. I know this because the price is falling quickly and there are not a lot of futures contracts being used to smash the price:

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

Yesterday there was only 51,609 futures volume dumped into the market and the SLV price still went down. We'll see tomorrow how many they used to smash the price today. But as it stands they are not using much to get the price lower. They have retail doing it for them at this point.

The metals are heading in the direction they need to be able to fill those July contracts.

Recognize, adapt and profit

1 month chart:

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