iShares Silver Trust (SLV)

[AlwaysRed]

I don't need to hear how smart I am. I think you may be missing the point. Silver right now is at 23 dollars:

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

In the last day they smashed the price .70 cents. The fact that silver is 23 dollars proves me right. But the religious silver zealots don't realize that. They still believe the metal salesmen. After all that we've been through. Debt ceiling, different presidents, silver squeezes, Covid, Y2K, Mayan calendar, Wars, interest rate hikes, 9-11, etc etc etc. The economy keeps chugging along and the price of silver remains under total control.

But at every opportunity they will have you believe that this is the moment that the silver price will skyrocket. And peoples memories are short. Very short. It was only 2 years ago that the last attempt at a silver squeeze happened. Remember that. Silver was going to explode. All the retail was out of stock. And what was I saying the whole time?

And here we are.

Where are we? Here is where we are.

23 dollars silver and heading down again.

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

They moved another 4306 contracts from July to Sept. That shows the the demand for physical right now is low. They have the ability to move the contracts instead of deliver. The did fulfill around 1500 contracts for July leaving us with 72,382 contracts yet to be dealt with for July.

68,093 contracts for the moment for the Sept delivery schedule. They are even sliding some of the contracts into Dec already.

On the settlement page you can see that there are already contracts that are being set up for Dec of 2024 at the settlement price of 25 dollars:

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

You can even see their projected inflation target or (change.)

Now the propaganda and metal priests of the silver cult won't show you these things. They don't want you thinking about these things or considering this. They want to sell metal.

They are using around 100,000 contracts per day right now to control the price of silver:

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

That isn't much. As I shown you before during the silver squeeze they were using 2 billion ounces of SLV to control the price of silver in a day.

Maybe they don't need the price of silver to get to 18. Maybe they don't need 20. I can't see their books. Nobody can. But the fact remains that the price of silver isn't going to the moon. It hasn't and it isn't going to. They have complete control of the metal markets. The price of silver has been sideways for over 10 years. SIDEWAYS!

That means that there has been at least 10 years of lies. And they have not been coming from me.

Greenspan. 80's, Algorithms connecting the metal prices with oil and market fluctuations. SLV futures contracts. The last big fight to prevent this from happening was the Hunt brothers and they lost the battle. Ever since the metal markets have been under complete control.