Thursday, December 14, 2023 10:04:11 AM
I do not think that he understands the settle prices and contracts.
The metal salesmen do a great job of making people believe that silver is going to break out. However they never explain about contracted silver prices that are set in the future.
If he would read this he would maybe understand:
https://www.cmegroup.com/markets/metals/precious/silver.settlements.html
If contracts were made today 1 year in the future the price to settle would be 23.89 in Dec of 2024. That is less than 30 dollars.
Education is the key. I could use your help teaching this to the new readers. There is a way to make money with this system. Being 100% long will not do it. The silver market goes up and down, then up and down and it continually repeats. And you know why.
We need to teach others.
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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