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Monday, August 07, 2023 10:13:52 AM
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172361852
His prediction is looking pretty good.
The issue is that there are so many variables.
SLV is fixed. I've proven that. It isn't going to go to 50 or 100 or 1000 dollars.
It is managed with a computer algo that has it controlled.
Here is the main thing lately:
https://www.marketwatch.com/story/gold-prices-slump-as-global-bond-yields-rise-u-s-dollar-strengthens-5efd6b50?mod=mw_quote_news
GLD and SLV are controlled in the same manner.
The volume has also been pretty high in the SLV futures markets:
https://www.cmegroup.com/markets/metals/precious/silver.volume.html
They are moving a lot from Sept to Dec right now.
All the while they are creating new contracts at whatever the price if silver is at now for delivery in the future.
Usually off delivery months they allow the price to rise a little. It seems the dollar strengthening is helping control the price of SLV.
Hey, at least you guys are watching and see the game they are playing. Your guess is as good as mine. This market certainly is not trading freely. It is totally controlled.
Just be careful listening to what the metal salesmen say. They will say whatever they need to to sell metal.
A Democracy is 2 wolves and a lamb arguing what's for dinner. In a Constitutional Republic the lamb is armed. We live in a Constitutional Republic.
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