Monday, June 12, 2023 9:27:01 AM
Another silver smash this morning:
https://www.bullionvault.com/silver-price-chart.do
Here are the contracts for July and Sept:
https://www.cmegroup.com/markets/metals/precious/silver.volume.html
Obviously the demand for silver right now is very low. They are moving contracts from July to Sept.
That being said there are still 85,831 contracts that need to be dealt with by July.
As always they get the price of silver as low as they need to prior to deliveries.
As far as a collapse happening as silver going to the moon. Here is an article I totally agree with:
"No Collapse Is The Real Dystopia"
https://www.zerohedge.com/political/no-collapse-real-dystopia
There will be no collapse. However the way the economic system is designed inflation is built into the system. So what will happen is more of the same. The middle class will continue to shrink. And the owners of the world will continue to consolidate until everything is owned by a few.
A scene from demolition man:
They may not all be called Taco Bell in the future, but they will all be owned by the same companies.
We've been warned:
“If the American people ever allow private banks to control the issue of their currency first by inflation then by deflation the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered... I believe that banking institutions are more dangerous to our liberties than standing armies... The issuing power should be taken from the banks and restored to the people to whom it properly belongs.” Thomas Jefferson
The creation of the federal reserve in 1913 put the nail in the coffin. Once that Ponzi scheme started there was no turning back. MORE debt is what the system needs. Just like the blob. It has to continue to grow.......Bigger and bigger. Until it consumes all. More debt, more money creation. More inflation. More more more......
Feed me Seymore!
Learn who is lying. Study. Stop falling for lies......
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.
Recent SLV News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/08/2024 08:40:23 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/03/2023 06:39:51 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/04/2023 06:19:53 PM
- Will Silver’s 200-Day MA Break? • ValueWalk • 06/30/2023 07:38:03 PM
Last Shot Hydration Drink Announced as Official Sponsor of Red River Athletic Conference • EQLB • Jun 20, 2024 2:38 PM
ATWEC Announces Major Acquisition and Lays Out Strategic Growth Plans • ATWT • Jun 20, 2024 7:09 AM
North Bay Resources Announces Composite Assays of 0.53 and 0.44 Troy Ounces per Ton Gold in Trenches B + C at Fran Gold, British Columbia • NBRI • Jun 18, 2024 9:18 AM
VAYK Assembling New Management Team for $64 Billion Domestic Market • VAYK • Jun 18, 2024 9:00 AM
Fifty 1 Labs, Inc Announces Acquisition of Drago Knives, LLC • CAFI • Jun 18, 2024 8:45 AM
Hydromer Announces Attainment of ISO 13485 Certification • HYDI • Jun 17, 2024 9:22 AM