iShares Silver Trust (SLV)

[AlwaysRed]

Check this out. 5 year chart:

https://en.macromicro.me/charts/26720/us-dollar-index-vs-price

Could that be a coincidence? They are very close to mirror images of each other. As the dollar strengthens, silver weakens. As the dollar falls, silver rises.

Now look at this. Compare the 5 year DJIA and silver markets:

https://aiolux.com/contrasts/silver-vs-dow-jones?scroll=quick_comparison&time_span=5y

You can see that there is an obvious correlation. Look at the COVID dump. Look at the market crash in July of 22 compared to the silver price. The silver price and the DJIA rhyme.

If silver or gold were a hedge and traded freely during times of crisis the metals would fly. They would be a hedge. No way would the DJIA crash like it did during Covid with silver following it down. Silver crashed to 12 dollars.

The only way that could happen is if the metals were linked to the markets.

You see it isn't one thing. They have it tied to many things. There are many factors. DJIA, Dollar, Oil, SLV futures contracts.

And then they do the SLV futures smashes every delivery month:

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

And I have explained that enough. Look at the bar graph and then lay it over the price of silver. The lower the bars the higher silver goes. The higher the bars (The more SLV they create and dump into the market) the lower the price of silver goes. When they want silver lower they dump more SLV contracts into the market.

Only 46,293 SLV futures contracts yesterday and what has the price of silver been doing?

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

June 30th the price went from 22.36 to 22.79

Coincidence?

They almost have all the July contracts filled. Only 627 open interest left for July. Do we get to see a little rise in price? Let's watch.......