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Re: Omar8 post# 2168

Saturday, 03/16/2024 2:24:14 PM

Saturday, March 16, 2024 2:24:14 PM

Post# of 2205
I agree 100% with your post.

Last year through April into the beginning of May they allowed SLV to rise above the 26 dollar level. I expect the same this year. No higher than 27. Then last year they smashed the price back down to the 23 dollar level. 22 in June.:

https://www.bullionvault.com/silver-price-chart.do

I expect the same. The metal salesmen will be pushing hard talking about "This is the time" or "The system is breaking" etc etc. This always happens when they allow the price to rise so they can profit from us. Then they will short the hell out of the market selling into the hands of longs. Then they will smash the price back down again. And we will profit from knowing that.

https://www.cmegroup.com/markets/metals/precious/silver.volume.html

I will be watching and looking to short or buy ZSL around the 26 dollar level. Then SLV should get smashed back down to the 22-23 dollar level to fill physical contracts due throughout the month of May.

You can see that using this system of AGQ and ZSL really amplifies your profits. There are other leveraged silver plays to. Just look up leveraged SLV ETF's.

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