iShares Silver Trust (SLV)

[AlwaysRed]

I feel terrible for the boomers that continue to buy physical and hold it while this is happening. Or even worse, those that are buying SLV and expecting it to rise to the moon because the metal salesmen say so.

Unfortunately the criminals that are perpetrating this crime are using the longs to commit their crime.

The only reason that the price of SLV rises is due to consumer/retail demand. And because of that daily demand the price rises. They use that demand to fill/sell shorts. They sell/short SLV and retail buys it. THEN they use SLV Futures contracts to SMASH the price down. They then profit on the short position knowing the price is going to go down because they are the ones that cause the price to go down. So once they smash the price down they buy out of their shorts. Daily, monthly, yearly profits. Not for longs, but for them.

And none of that would be possible if it weren't for retail demand causing the price to rise.

It is the gullible retail that causes this to be possible. And the metal salesmen play their part. They help create the demand to do it.

And every day they are profiting off of these SLV smashes.

But it does take some knowledge and experience to understand what is happening. It isn't easy to understand. But once you see it you can't unsee it. It is plain as day.

It costs them NOTHING to smash the price down. But it costs retail longs all their profits.

The only way to profit is to play their game.

Buy SLV when it is low and sell high. Short high and buy low. You can't do it with physical because of the over spot charges. It can't work. It's not profitable. But it costs nothing to do it with SLV. It free to play in SLV land.