iShares Silver Trust (SLV)

[AlwaysRed]

The price of silver was sideways from 2014 to 2020. Then the next channel was from 2020 to 2024.

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

They have to allow the price of silver to rise from time to time so their miners can remain profitable.

There is a misconception that the price of silver is controlled by shorts. But it isn't. Yes there are shorts. However the main way they control the price is by dumping SLV into the market. SLV has endless digits. The reason I post on the SLV board is for that very reason. That is why I am here. This is the control mechanism.

They will keep control of the price when it gets to the channel they want it. There is no way they allow the price of silver rise to 50 or 100 dollars an ounce. God knows I would love that to happen. But the too big to fail banks control all of it. Everything. What is happening is being allowed to happen. I do not know their plan. But I certainly know that silver should be a hell of a lot higher than 30 dollars or even 50 dollars. It should be in the thousands. So they have really controlled the price over the decades. Since 1980 actually.

If they don't allow the prices to rise from time to time the miners can't exist.

Also who are the largest holders of gold and silver? Do you know? It is the banks. So if the price of gold and silver goes up, who profits the most?

But they still have to fill those contracts don't they?