iShares Silver Trust (SLV)

[AlwaysRed]

Hard to tell. They do what they want and when.

Should be up from here for a minute however, 491X5000=2,455,000 ounces of silver yet to be delivered for July and that at 24 dollars per ounce = $58,920,000. So still 58 million dollars worth of silver to be delivered. Perhaps chump change to them. Who knows. lol

I'm betting on a rise in price until the middle of Aug. Let's watch and see....

I bet that the price starts to rise and the metal salesmen start to really push.

Isn't it funny how retail only buys when the price is going up? Why don't people buy when the price is going down or at a bottom? People really want to dive in when the price is going up. That is weird to me. That makes me glad to be a contrarian.

So when the price starts to rise the alt media and the metal salesmen really push stuff like "This is it" or "It's breaking" or "This is it, jump in now or else you'll miss out" or "Gold backed currencies, BRICS" Etc etc etc.

And people will. They want to buy when it is going up. And the bankers know that. Then when the price is high and people are piling into silver, they short it. Then they smash it. Then metal stackers get their hearts ripped out once again..........

You all know what I think will happen.

More of the same.

BTW......

All this talk of BRICS backing their currency with gold.......

Think....

What does it matter if the price of gold and silver are controlled by the bankers? The value of the gold backed currency will only be worth what the bankers allow the price of gold to go to.

LOL, Imagine that Russia, China, Iran, India, South Africa, etc back their currency with gold and then the bankers SMASH the price of gold down to 1200 per ounce. What would happen to the currencies values? What would happen to their economies? And they have the power to do it.

“Who controls money controls the world.”
-Henry Kissinger

“Whoever controls the volume of money in our country is absolute master of all industry and commerce...when you realize that the entire system is very easily controlled, one way or another, by a few powerful men at the top, you will not have to be told how periods of inflation and depression originate.” - James A. Garfield

“Who controls the food supply controls the people; who controls the energy can control whole continents; who controls money can control the world.”
— Henry Kissinger