iShares Silver Trust (SLV)

[AlwaysRed]

The metal salesmen say that gold and silver will be money. They also say that silver will go anywhere between 100 and 2000 dollars per ounce. They also say that the dollar is going to collapse. They also say the the economy is going to collapse. Mad Max. Right?

I have come onto the boards years ago and have argued the contrary. I have explained why these things will not happen. That you have all been lied to and how they are manipulating the markets and why.

They have to keep the price of silver in a range so they can fill contracts and not lose money. This is one of the ways to prove that the metal salesmen are lying. The metal salesmen, miners, banks and corporations are colluding for their benefit and lying to you.

Now as for EXACTY which way the market is going to move and by how much I can't truly tell you. I have no access to their books. I have shown you how much they stand to lose.

Now if you trade regularly, you know that if you buy to high and your holding a stock, you can buy more as the stock goes down in price and average down. These banks have trillions of dollars at their mercy. I am sure that they buy silver at the low (The low that they create) and that can help them balance or average down. I have no idea what exactly their numbers are.

HOWEVER, they can not let the metal get away from them. There is a range they need to keep it. Do I know exactly if it will be 18 or 20 or 22. NO! I don't. But you have learned the mechanism.

1 year ago the price of silver was 21:

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

1 year from July 12th it was 18
1 year from Aug 11th it was 21
1 year from Sept 4th it was 18

When did they create contracts?
When did they buy physical?
What is their average?

I can tell you FOR SURE it wasn't 50 dollars. Or 100 dollars. Or 2000 dollars.

This is a business for them. And all the fines for manipulation are simply a cost of doing business. They keep doing it. They keep getting caught. They keep paying fines. They keep doing it.......

The bottom line here is that there is a trading range that they need to keep it. I don't know their average. I am assuming that the average is somewhere around, I don't know, 20-24?

But they can move it wherever they want and whenever. If they want to buy some physical quickly for contracts, they can smash it to 18 and buy physical. Then they lowered their average. The don't pay massive premiums. That is only for the retail surfs. They smash the price lower and contract with the miners.

So I am not the great Swami. I don't have exact numbers. Sorry.

But here is some fun stuff. The other board I am posting on right now there is a boomer that believes that gold and silver will be legal tender again. You know, in circulation and used as money. Now this guy like all the other silver religious cult members believes that I am an ignorant fool. So I asked him some questions. Here they are:

"Question.

So when they make gold and silver legal tender......

Do all of the banks start holding gold and silver?
Do all the stores in the US start holding gold and silver?
How do we account for daily price fluctuations when spending gold and silver?
How do you make change for purchases and sales in gold and silver?
Where do all of the businesses and banks get the gold and silver to trade with?
Do the businesses hold gold and silver in a vault on location daily so they can trade with it?
What type of infrastructure is in place to be able to accommodate transactions with gold and silver?
What if you go to a gas station and start pumping gas and then the money vultures SMASH silver by 1 dollar while you are pumping gas? How do we account for that?
Where will the average citizen get gold and silver to transact with?
Who owns all the gold and silver?
Would we have to buy gold and silver from the banks to transact with?
Would the sales of goods and services include the premium price of gold and silver?
How do we save the gold and silver that we are not transacting with? In our houses? In banks? Where will the banks hold the gold?
Will there have to be a new system created beside the existing system for the banks to be able to hold gold and silver and know how much is yours?
How will we hold the banks accountable so we know that they actually have our gold?
Will all of the retailers and banks have to assay the gold and silver prior to exchange to know that the coins are authentic?
Will every transaction have to dye test the metal to see if it is real?


Hmmm, You are probably right though. We'll all be using gold and silver in the next month or 2. My favorite metal salesman told me so."

Now all of you that are here. And I am not saying that you believe that gold and silver will be used as money again. But read these questions and ask yourself how could it be possible to trade with gold and silver again.

Here is the response I received from him:

"You don't know much, huh?"

That is the answer I received.

I really hope that you all are thinking. Good luck out there. I hope you all hit some big ones. I don't think silver will be it unfortunately.