iShares Silver Trust (SLV)

[Omar8]

Princess,




I guess they saving the slam for another day.

[Princess17]

Waiting for the slam this morning

[Countmein]

Yes and also events taking place around the world. So much going on. MSN is not talking about any of it. They don't want us to know what's going on.
They want us on the mushroom plan, in the dark!
But if you dig just a little bit you can find some pretty interesting nuggets.

Count

[AlwaysRed]

What I see is the cabal let the price of silver run from 25 to 30. And that is it.

The metal salesmen said that this was it and silver was going to 50 or 100 or 1000. And here we sit at 29.

Now look. I'm happy with 29. I'd be happier with 50. I'm always happy when they give me a raise.

But what I see is a metal that is finding a new level around the 30 dollar range. So perhaps we see a new bottom around 28-29 prior to deliveries with a top around 35. And that could be the levels they allow it to be for the next 5 years.

As I said before, after they allow the price to rise, like they just did, I wait for a few cycles to see where they allow it to settle.

My guess is 28-35 level. All we can do is watch the trend. Ne er trust a metal salesman. Just understand what the charts are telling you. Watch every delivery month and watch what the price does.

I certainly don't consider a move from 25 to 30 them allowing the price of silver to "Run." They have total control of the markets.

[Omar8]

Pack10,


" Remember, this administration can't let inflation run. Not good in an election year."


Question is what is "run" ? I didn't think it would go where it is now but it did.

I got out of my ZSL not too long ago, so I guess a drop would make sense now, but the contracts are basically nothing going into July.

[pack10]

If i understand this crazy system contracts can just develop. July could be an extremely busy month for all metals. Remember, this administration can't let inflation run. Not good in an election year.

[pack10]

You're bones are correct. Something is in the wind, but maybe not what you think it is. Just keep watching the political news.

[Omar8]

Alwaysred





I',m watching the contracts what are your thoughts ? It's under 2000 for July, are they going let silver move for a while ?

[Omar8]

Pack10,



They got it under 2000..


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


They did show some deliveries for July

[Countmein]

I can feel it in my bones!
Something big is about to break. For the last 3-4 weeks the markets all across the board........ from the Dow, oil and gas, presious metals , even crypto's have remained basically stagnant, not moving much up or down, just kind of like in a holding pattern.
Just a hunch I have but pay attention to next week or so. I haven't read anything or seen anyone talk about anything on a video that leads me to believe something is up . It's just my own observations and opinion.
We shall see !

Count

[Omar8]

Pack10,



They got it down to under 6,000, just moving them further out I guess, no need for deliveries for July ?


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

[Omar8]

Pack10,



Another big drop looking likely going hit July without any, have to see how next two days show. What do you think ?


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

[Princess17]

Banks getting out of their shorts

[Omar8]

Another big drop





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


I wonder if we will have any deliveries in July ?

[pack10]

I'll add a little something to what you're getting at. How about this administrations attempt to reduce inflation??

I mean, if they were to let silver float with no manipulation then who knows how high it could go. But the inflation reduction act is
what is keeping the manipulators in force. I can't imagine any metals being able to be free range. that would not be good for this administration
in an election year.

All you metal bulls, THINK ABOUT IT!!!! One never hears about that angle.

[AlwaysRed]

Disinformation:

Deliberate use of lies to manipulate people
Disinformation is the deliberate use of lies to manipulate people, whether to extract profit or to advance a political agenda. Its unwitting accomplice, misinformation, is spread by unknowing dupes who repeat lies they believe to be true. Disinformation has emerged as a weapon to strategically influence public opinion and shape legislative agendas2. The distinction between misinformation and disinformation lies in intent — misinformation is inaccurate information, whereas disinformation is deliberately crafted falsehoods aimed at misleading. Disinformation can take many forms, from edited "deepfake" videos made on smartphones to vast foreign-led information operations.

https://en.wikipedia.org/wiki/Disinformation

"We'll know our disinformation program is complete when everything the American public believes is false."-William J. Casey, CIA Director

https://archive.org/details/cia-director-william-casey-disinformation-program-quote-soruce

How do these things get reported in the press? Who controls what you hear? How did your truths become self evident?"

Do our politicians use disinformation?

Lets hear:

https://www.c-span.org/video/?c4785397/user-clip-pelosi-explains-the-wrap-smear

Who puts the metal information in the press? Who spreads the information? For what purpose/gain?

How do you determine your reality? Who do you trust? How many years of lies do you have to endure before the truth becomes self evident? Does it ever?

[Omar8]

Pack10,


Moving them further out...


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


I get emails from all the ones I have bought from, daily it seems. I bought some around 4-5 in the evening at the end of last week at one place and I swear it was mailed off in about 1 hour....usually it's the next day....how busy can they be ?

Price holding up well....

[pack10]

I don't know about you but I am getting many e-mails to buy silver. One e-mail has a 10 oz bar for free when purchasing a mini silver dollar box.

Just thought I'd let you know how bad they want to sell physical.

always interesting, and fun at the same time

LATER!!

[Countmein]

https://dailyhodl.com/2024/06/22/jpmorgan-chase-bank-of-america-and-citibank-flagged-for-holding-trillions-of-dollars-in-derivatives-without-proper-contingency-plans/amp/

pay up suckers

Count

[Omar8]

Dropping some more...





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

Looks like we could be heading into July without needing deliveries if this continues....

Is demand that slow ? Have to see how next week does.

[Omar8]

AlwyasRed,





Going be interesting how the next 10 days go.....still around 70,000 contracts, unless we start seeing huge 10,000 moves/day it seems we will have a decent amount of contracts into July and around $30/ ounce is pretty high compared to 1 year ago...

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

[BottomBounce]

Bank of America $BAC remains bullish on silver, sees $35 an ounce by 2026 ( 1.5 years away) Jump of $6.00 per oz #Silver #Silversqueeze is coming $SLV $PSLV

[AlwaysRed]

The silver institute is corrupt

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174608733

[Princess17]

The silver Institute says there’s a shortage

[AlwaysRed]

The same metal salesmen and miners that report we are having a shortage. Yeah. Thought so. Why aren't they talking about all the metal in the ground unmined?

You can't use metal salesmen as your source. LOL.

Don't you think it is in their interest to profit and sell metal?

What agenda do you think I have? To protect people from lies and a scam that has been perpetrated for decades?

The people that create the metal and sell it told me that there isn't much of it and I should buy it! LOL It's running out they say. So I buy it. Who'd you buy it from? The people that mine it. Why? The people that mine it told me it's running out and I'll make money. LOL

Never heard of that idea before.

[Princess17]

Amen brother well said

[Countmein]

Where'd you get that out of ground ratio from?

That bothers you doesn't it ? ALL the miners are reporting the same thing!
All the miners are crooks right ?
All the analyst who have been covering this for YEARS are crooks right ?
I'm not going to waste my time listing all the sources I rely on just so some random poster can tell me they are crooks.
Everybody who doesn't align with your agenda are CROOKS right ?
You claim you lost money in silver. Get over it already. I could sell right now and make a nice profit but I choose not to. My choice. If silver goes back to sub $ 20, it was my choice. I'd still be happy with that decision because I have a pretty good feeling what's going on here. I wasn't brought up in the micro society where you expect things to happen right now !
Silver and gold are wealth, plain and simple. Has been for thousands of years and will continue to be !


Does anyone remember during the Iraq war.............the Iraqi general who was being interviewed by the media..............he was standing inside a building with a plate glass window behind him and he was declaring to the world " no American solders are inside Iraqi territory while a US tank goes rolling by the window ?

Ya , sorta like that !

Again, we'll just have to agree to disagree.

Count

[AlwaysRed]

Seems to be a problem.

https://disb.dc.gov/page/beware-precious-metal-scams#:~:text=The%20scam%20is%20perpetrated%20by%20unprofessional%20dealers%20who,purchase%20coins%20with%20high%20markups%20and%20low%20liquidity.

"How Precious Metal Scams Work"

Scammers who perpetrate precious metal scams:

"Create a false sense of urgency by claiming that metals are in limited supply"

"Many victims believe precious metals are safer to own than stocks or other investment types. In 2022, the Federal Bureau of Investigation reported that District of Columbia victims lost $6,902,545 to investment fraud; this fraud included precious metal scams."

https://www.cftc.gov/LearnAndProtect/AdvisoriesAndArticles/fraudadv_preciousmetals.html

"Made by people who call themselves “metals dealers” or “merchants”"

[AlwaysRed]

Where'd you get that out of ground ratio from?

I bet I know.

I'm certain that you didn't physically go and mine metals out of the ground and recognize the ratio. You had to take somebody's word. Where did that rumor originate? And where did Gregory Mannirino get that information? Was it a miner? A metal salesman? And what do they do? Sell metal.

I heard it from Sprott! He's honest. He's a billionaire. How'd that happen?

[Countmein]

That would be wonderful! I'd take that !
Throw in the fact of the deficit we've had in silver over the last 4 years and then couple that with 30 % of the worlds supply possibly being taken out of the equation if Mexico decides to keep Mexico's assets in Mexico, you could probably more than quadruple that estimate !
Not to mention silver is coming out of the ground at a ratio of 7 - 1 compared to gold when for years and years it was 16 - 1 .
Also like the fact that the Shanghai exchange spot on silver averages 3 - 4 dollars higher than the comex.
Don't you just know China is making bank on buying silver here at $ 29 and selling it over there for $ 33 !
What a deal !

Count

[AlwaysRed]

The point is not to compare numbers. The point was to show that the silver institute is corrupt and has been infiltrated.

The Fed and the Treasury are run and operated by bankers. The scam known as the silver institute is run by bankers and crooked mine owners.

They use the silver institute to control the price of the silver market and dupe unsuspecting victims......Like yourself.

Of course the readers that follow this board and my posts understand that. They have been following along. recognizing the corruption is the first step. Understanding the system is next. The bankers are in total control of all the worlds economies, markets and currencies. They own all the metals and the metal markets. And all the metal pricing mechanisms. In all countries.

[BottomBounce]

Silver bullion precious metals long-term outlook through 2030 is moderately optimistic, with prices expected to potentially reaching up to an average price of $337.82 by 2030.

https://www.axi.com/int/blog/education/commodities/silver-price-forecasts $SLV

[Countmein]

Bix Weir. Rest in piece Ted Butler!

Count

[Countmein]

Here is an interesting video for anyone who is interested in Brics and what is happening to our country.
No body is selling anything, just an honest discussion.

Count

[Countmein]

Thank you for making my point!! The deficit is actually worse than what they are admitting!
Did you know the silver institute does not count how much silver the military industrial complex uses each year?
That's right, they don't include that in their numbers. Must be in the millions of ounces.
Somebody should take a indebt look into that. We only know how much silver is in the tip of each tomahawk cruise missile.
Who knows where else they use silver?

Count

[AlwaysRed]

Facepalm.

https://thesilverindustry.substack.com/p/top-2-silver-institute-executives

"Bateman also Deputy Treasurer of the United States (US Dept. of Treasury)"
"His role as Deputy Treasurer? US Mint and US Savings Bonds"
"On Monday, February 19th, Silver Miner shareholders demand an investigation. The Right Questions are being asked RE The Silver Institute's deceptive acts of fraud, price rigging, and market interference? (costing Silver investors and mining underinvestment north of trillion dollars)"

https://thesilverindustry.substack.com/p/furious-stackers-demand-answers-after

"The purpose of this article is to document that in the past 20 years, everyone who has invested in Silver has been deceived and misled by The Silver Institute. "
"Stack your Silver no matter the fake spot price: Stackers are expected to serve the community by stacking Silver in our #SilverSqueeze movement. In the times when Silver goes up, we cheer. We buy more at bargain prices when silver pricing is smashed down (by The Silver Institute, CFTC, the Crimex, Gov officials, and bankers)."

https://thesilverindustry.substack.com/p/the-disturbing-link-between-the-silver

"Paul Bateman was an assistant to Richard Nixon" You know, the guy that ended the gold standard in '71

https://en.wikipedia.org/wiki/Nixon_shock#:~:text=Nixon%20directed%20Treasury%20Secretary%20Connally%20to%20suspend%2C%20with,could%20no%20longer%20exchange%20their%20dollars%20for%20gold.

"The fraud is evident in the Silver Institute's reports. They change historical numbers to make their current numbers look better.":

https://www.reddit.com/r/SilverDegenClub/comments/1ccx7nj/bix_weir_says_the_fraud_is_evident_in_the_silver/

https://www.reddit.com/r/OccupySilver/comments/1c7byuj/silver_alert_historical_data_changes_in_new_2024/

https://www.reddit.com/r/OccupySilver/comments/1c6g3r9/silver_red_alert_2024_world_silver_survey_is_fake/

https://thesilverindustry.substack.com/p/investigative-report-more-evidence

"The Silver Institute is part of this Deep State, and a new video emerges describing how they are aligned with Deep State actors like the Federal Reserve and Dept of Treasury and how they posed as precious metals advocates while doing the opposite. "

[Countmein]

That was an excellent video.......thanks for recommending it !
After the first few minutes I remembered I had seen it before. Hell I might have even watched it live back in 1980.
Is Doug Casey still alive? I thought he came across a little snobbish and his young appearance meant the audience didn't appear to take him too seriously but everything he talked about was pretty much spot on in my opinion .
Doug's problem is he was about 50 years before his time. Everything he talked about in 1980 is being rehashed today by everyone. He even mentioned towards the end of the video that he believes silver will surpass gold .............50 years down the road, which would take us to 2030.
He predicted the stock market going to 3000 which everyone thought was crazy back then. I think he predicted gold going to 3000 something.......hasn't happened yet but could.
Donahue was his normal condescending self but I managed to get through the whole video.
Thanks for recommending it !

Count

[Countmein]

Silver institute, where else?
https://www.silverinstitute.org/silver-supply-demand/
2021 supply = 1,004.3
demand = 1,099.6
2022 supply = 1,015.4
demand = 1,278.9
2023 supply = 1,010.7
demand = 1,195.0
2024 up to this point supply = 1,003.8
demand = 1,219.1

And it's accelerating with India building solar farms the size of New York.
Why do you think , who was it , Janet Yellen? went over to China a few months ago and told them to stop building so many solar panels?
Silver is the key to everything!
I'm off now to watch your video.............let me say this before I do. Economist have been warning since at least the 80's how we have been kicking the can down the road year after year and how there is going to be a price to pay when it all comes crashing down. These are not (metal salesmen). Are you prepared to argue the country doesn't have a deficit too ?
I answered your question now you answer mine!
What is it about the economy that you like?
If you are concerned, what are you doing to protect your money?
If you're not concerned then I'll assume you are not doing anything, that's okay.

Count

[AlwaysRed]

Where did you get those deficit numbers from?

[Countmein]

I unlike you, will gladly watch this video this afternoon when I have more time.
I don't assume I know everything there is to know.
You on the other hand won't be watching the video I brought to the board.............that's okay.
While I'm watching your video, check into the deficit silver has had for the last few years and will continue to have.
Also did you know Mexico supplies 30 percent of the worlds silver? Check into Mexico's new president and how she wants to keep Mexico's resources in Mexico and shut down any new silver mines.

Count

[Countmein]

He does do that a lot. Some would perceive that as having something to hide or coving for something or another.
However, I have watched many of his video's and he does that regardless what he is talking about so I don't read anything into it like I normally would.
Also he knows all the negative comments he gets...........been getting them for many years now. I'm sure that has some affect on his delivery.
Andy has been putting this stuff out there ( Brics ) and so forth since 2019 when I first watched him and he has been mocked and ridiculed in the past. Now you can watch most any other person ( some not even connected to precious metals or their salesman ) who have the courage to talk about this stuff, saying the same thing. Some vindication for Andy!
It is getting more in the open more and more. Everything talked about in that video is happening. Some will see it for what it is, others will not.....that's okay.
If you watched the whole video you'll notice he had other recommendations for where to park your dollar, if precious metals is not your thing.
Bottom line is he comes across as creditable to me , despite his eyes darting back and forth.
Enjoy your Sunday Omar8

Count

[AlwaysRed]

"If you want a deal no one else can get put in mine and Laura's name and we've got a deal for you. " From where? Miles Franklin. What does Miles Franklin do? Sells metal.

How long has this been going on? How many people have been fooled? By who?

Doug Casey. One of the richest metal salesmen out there. Trustworthy metal salesman right?

Here is Doug Casey in 1980 saying the same things all the metal salesmen say today:

Don't have time to watch it? I understand. I'll summarize because it is the same things they say today.

Debt is high
Dollar collapse
Unsustainable
Banking crisis
Buy gold and silver

All your reputable metal salesmen have the solution don't they. Buy metals from them. And there are A LOT of them.

I was going to name all of them, but why waste my time. If you listen to a metal sales pitch from the thousands of metal salesmen out there, and that number is rising, they all say the same thing. Save yourself and buy metal from them.

How can they all have so much metal if there is a shortage. There are thousands of metal salesmen. They are all getting paid for their plugs and "Expert analysis" to sell metal for that particular company. Just like your girl Laura here. And of course Andy.

So all the metal dealers have silver on hand that they are selling. Should I name all the dealers? Thousands.
All the metal salesmen are making money of this. The people pitching the metal are making money off this. And we are told that it is in short supply. All the metal salesmen have metal!

All the miners have metal.

And the best part yet. All the Jr. miners have metal. Remember the metal salesmen tell you there is a supply crunch right?

Junior miners:

What is a Jr. miner? It's not a miner which also has plenty of metal to sell you. A Jr. miner is this:

https://investingnews.com/daily/resource-investing/how-spot-best-junior-mining-stocks-investing/

"The term junior miners is typically applied to companies in the early stages of a mine's creation, typically from prospecting and early exploration through to completing preliminary economic assessments and feasibility studies."

These are companies that have silver in the ground UNMINED and ready to mine if demand is there. IF there is a supply issue.

Here we go:

https://www.benzinga.com/markets/commodities/23/10/35445523/this-100-million-ounce-junior-miner-is-poised-to-reboot-nevadas-legendary-silver-boom
https://www.juniorminingnetwork.com/best-junior-miners.html
https://finance.yahoo.com/news/10-best-junior-gold-mining-162530656.html
https://www.juniorminingnetwork.com/mining-stocks.html

Gold:

https://www.juniorminingnetwork.com/mining-stocks/gold-mining-stocks.html

Remember most silver is a biproduct from mining gold. Silver is basically the junk that is left over after mining gold.

Look. I could list Junior mining stocks for hours. And that is Junior miners. That isn't even active miners. Do I need to list all the active mining companies?

Shortage?

Where do you hear there is a shortage? Who do the people work for that are telling you that? Should I name them? Who does Lynette Zang get paid from? But she is so knowledgeable right?

Look at this page:

https://www.bing.com/videos/riverview/relatedvideo?q=lynette+zang&mid=A29FF1570303DED291E8A29FF1570303DED291E8&FORM=VIRE

Moneymetals.com
Niftyinvest
ITM Trading
Wiselyinvest
Silverdragons
Smartsilverstacker
SilverbullionTV
Financialhub
Wallstreetsilver
Kitco

These are the people PAYING Lynette Zang for her "Expert Opinion"

Metal salesmen do what metal salesmen do. They sell metal. If there is money to be made people will do about anything for a paycheck. A lot of them believe the hype. They fell for it too. Just like I did. Just like you all did. But if there is a shortage, if there is a supply crunch, why is there so much damn metal?

It's everywhere!

The metal distributors have it
The metal salesmen have it
The miners have it
The Junior miners have it

And worse yet.........MILLIONS of stackers have it! Piled up everywhere. In their closets, basements, discretely hidden in their back yards or buried near a railroad track.

Funny how we pay for them to take it out of the ground to put it in a closet, or better yet.......Back in the ground!

Stack away.

Silver is still sub 30. Why?

[Omar8]

Count,





When Andy looks away so often and makes those faces I keep thinking of AlwaysRed saying "metal salesman" !

[Countmein]

Everyone should take an hour of your time and watch this video. Lena is easy on the eyes as well.

Count

[Countmein]

OMG I'm drowning it's getting so deep in here!

Count

[AlwaysRed]

Happens every delivery month. There is very low demand for physical silver right now. No need to fill contracts. Move them forward. They always fill the physical orders last.

There is physical silver all over the world unmined and just sitting in the ground owned by Jr. miners. There certainly is no silver shortage contrary to what every metal salesman says.

[Omar8]

AlwaysRed,



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


Middle of the month they moving them back, how do you read this ? Is this normal amount before a delivery month ?

[Omar8]

Pack10,





I watch a various of silver videos maybe you would prefer this one ?

[AlwaysRed]

Charts don't matter in a manipulated controlled market. Of course I will revisit this prediction come Sept.

[pack10]

Totally honest answer to the silver push that is going on at the moment.

I be;ieve many see the stock market as fully priced. No real buys out there at the moment. This gives credence to the metal bulls.

Why not push metals. when uncertainty is at its height then push metals.

Just my opinion,