iShares Silver Trust (SLV)

[AlwaysRed]

"The filling of contracts could go to the end of July ?"

It all depends on when the contracts were created. We have been watching them move contracts from July to Sept on nearly a daily basis.:

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

+3,339 more just added to Sept today. I have no idea when the July contracts were created and when they will need to be dealt with. I am sure they will be filling physical contracts through July. Keep an eye on the amount of remaining contracts left for July.

I am sure that they deal with the contracts that do NOT demand delivery first. Those are the ones they move back to later months. I guess that the ones that need to be filled will drag through July.

Let's watch......

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

46,770 Left for July

46,770 x 5000 = 233,850,000 million ounces

233,850,000 x the July settle price of 22.467 = $5,253,907,950

Over 5 billion dollars guys. Left for July. And that is at the 22.467 settle price.

Let's say the banks want to save some money.......

233,850,000 x 20 dollars (Just making this up) 4,677,000,000

$5,253,907,950
-$4,677,000,000
=$576,907,950

So with the click of the mouse they can smash the price of silver to 20 dollars and save themselves over half a billion dollars off the contracted price.

Now I am sure it is not this simple. They contract with the miners too. So I am sure there is more to it than this. However this shows how they can manipulate the market for their gain and our loss.

And I can not say that all metal salesmen are in on it. Many of them believe what they are preaching. But all the big boys know. Provident, JM Bullion, Apmex, all of them. They know.

We have to figure things out.........

It's a big club, and we ain't in it:

http://thephaser.com/2023/06/watch-this-how-a-few-people-control-the-world/