iShares Silver Trust (SLV)

[AlwaysRed]

Pack10 predicted on 07/17/23 when silver was 25 that it was going much higher:

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.