iShares Silver Trust (SLV)

[a false profit]

I will suggest this .............options aren't long term investments . options are a way to " get rich quick " . sell that $h@t into the bid @ market open ! the $ volume in SLV was over 1 billion today . then roll 50 % of your profits into TSLA calls . LoL . @ least 1 month out .

[a false profit]

your post history suggests this post is spawned from top shelf sarcasm . I believe Bidenomix will reveal a unpredicted outcome unfavorable for the red one . the one who is short . I know I know , 2 many " uns " . LoL .

[Countmein]

Now give them the little bit of info what is different this time.

Count

[ababoom]

Oh perhaps. I’m just saying the move to 26 and 28 can be exponential if played right… going down again and zig zag is never in question.

[AlwaysRed]

It is almost time.

Long here:

ZSL

Short this:

AGQ
SLV

Todays move is here:

https://www.marketwatch.com/investing/index/dxy?mod=home-page

https://www.marketwatch.com/investing/bond/tmubmusd10y?countrycode=bx&mod=home-page

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

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

Right now the powers that be are selling short. They have asks set up that are short and the silver bugs are buying those shorts. They are selling short into the run. The demand is there. The unsuspecting victims have no idea that their hard earned money they are spending at 26 dollars per ounce is going to be 22 dollars per ounce in less than a month. Even if it goes to 28 the result will be the same. They have to fill their contracted prices from futures contracts set up 1 year ago.

With the click of a button they can smash the price a dollar a day. They will profit on every dollar it goes down. And the longs will have their hearts and wallets broken once again......

I know I know, but this time is different........

[ababoom]

Will my option go 10x by Fri haha how high will it go! LFG

[pack10]

That is just a given with this stock. The manipulators move in to put lid on it. Or as we say SMASH it down.

Question I have, why is silver making these huge upside moves?

[Princess17]

Here come the everyday walk down or slam. Wait for it

[Princess17]

Absolutely riggging!!

[AlwaysRed]

I want to expand on why I believe that the prices of silver should be where I predicted. Between 1-2 thousand dollars per ounce.

Let's look at what the purchasing price of silver was throughout history. Purchasing price is the most important thing.

Historically, and I mean for thousands of years, prior to the debt based systems created in the 1700's onwards. Historically you received one DIME for a days pay. That is 1 tenth of an ounce of silver for a days wage.:

https://ancientfinances.com/2018/02/13/average-pay-for-roman-legionnaire/

https://www.thetorah.com/article/how-silver-was-used-for-payment

How Silver Functioned as Payment

Throughout this period, the value of silver remained very high: as noted above, the smallest meaningful weight, likely equivalent to a day-workers wage, was only half a gram. At the same time, the market value of silver remained relatively constant. For this reason, silver was the most commonly utilized precious metal for trade. It functioned in a similar way as coinage did once it was invented: it represented value, for which one could exchange goods.


https://sdbullion.com/blog/how-many-grams-in-a-troy-ounce-of-silver

31 grams of silver per ounce.

10 dimes per ounce

So what is a days pay today and what would the equivalent be in silver?

You can get a job readily paying 20 dollars per hour currently. To have any type of decent lifestyle and living standard I would assume a days pay at 200 dollars.

So if 200 dollars a day currently is a reasonable living. That would mean that a dime would be worth 200 dollars. 10 dimes in an ounce. 10X200=$2,000.

2 thousand dollar per ounce silver.

Now if you would assume even 15 dollars per hour wage currently. 15x8=120 dollars per day.

In that case a dime would be worth 120 dollars. 120 dollars x 10 (10 Dimes per ounce) = $1,200 dollars per ounce.

So my guess is between 1 - 2 thousand dollars per ounce is what silver should be valued at.

Purchasing power is the key. What would your lifestyle be like if you were paid in silver and the silver was 2000 dollars per ounce?

What would inflation look like?:

This is how badly the debt based economic system has ripped us off.

In 1980 you could buy a house for 20 grand
In 1969 you could buy a 1969 Camaro for $2500.00 dollars.

Today the average house costs $400,000
And it will cost you $60,000 dollar for the 69 Camaro:

https://www.usdebtclock.org/

[Princess17]

I do believe their games will end

[Omar8]

Pack10,


"One heck of a post Red. I personally don't think it would run up to those amounts. If silver even got to $100 an oz you'd see 1000 sellers and maybe one buyer."


I believe the ability to cap the price and not allowing silver price to run is what is causing people(masses) to not chase after silver, it's a psychological play on people's mind. How many people have been burnt on silver as an investment because it wouldn't go up ? Their ability to contain silver's price is what keeps people from buying. I think if it was allowed to move and people saw it was moving I believe there would be buyers in silver at $100. Just my opinion, the manipulation keeps people away and as long as they can keep the big consumers of silver full they can manipulate as they please.

[pack10]

One heck of a post Red. I personally don't think it would run up to those amounts. If silver even got to $100 an oz you'd see 1000 sellers and maybe one buyer.

My former boss used to expand situations just like this to help understand a particular problem/ situation and add clarity. I sometimes do the same. It puts things in prospective. Like you said "where does the cash come from to handle that insanity? I'll add, who would buy at those levels? TRUE LEVEL would be much lower or the economy would come to a stand still.
Huge down last week in contracts, CME

[Omar8]

AlwaysRed,


"Imagine what the price of a cell phone would be if the price of silver were 2000 dollars per ounce. Or a TV. Or a laptop, or computer. Or solar panels."


I kind of looked at it that controlling the price of silver was more of them getting a better profits for this products.

I don't think $100/ounce silver would break the whole game, but it would cut into their profits and they don't want that.

And since silver is a competitor to the dollar those who don't want silver to challenge that they are cool with what is happening.

[AlwaysRed]

If silver were to be allowed to run freely the price would be in the thousands. My guess would be 2-3000 per ounce. And gold would probably be somewhere in the 30-50K range.

Imagine what the price of a cell phone would be if the price of silver were 2000 dollars per ounce. Or a TV. Or a laptop, or computer. Or solar panels.

Where would the silver dealers come up with the cash to pay out?

Imagine if the market broke and the metals reached their true value. Imagine silver at 2000 per ounce and gold at 30,000 per ounce.

How could you go to a local coin dealer and sell an ounce of gold? Do they carry 30K in cash? What is somebody went in with a stash of silver around 1000 ounces?

1000X$2000=$2,000,000 dollars. That is only 1 seller of only 1000 ounces. LOL

What if a seller brought in 100 ounces of gold and tried to sell it at 30,000 per ounce?

100X$30,000=$3,000,000

So one guy walks into a coin dealership with 1000 ounces of silver and 100 ounces of gold. Wants to cash out. Does the dealer have 5 million in cash?

Where do you sell your gold and silver?

Where does the cash come from to handle that insanity?

What if silver merely went to 100 dollars per ounce.

100X1000=$100,000.

Where does that cash come from?

Think........

Keeping the price of metals low controls inflation

[Princess17]

It would be much higher than $30

[pack10]

Once again we're back on Gov't shutdown watch. What a cluster!!

Will silver go higher? It should,imo. Just a thought,, but would silver hit $30 if left to run freely?

[trunkmonk]

thanks for the tip and happy trails.

[pack10]

No mistake here, I own a large position in collectable coins and bullion. I trade these ETF's for profit and have done pretty good over the last 2 /3 years.
It's because I realize just how this game, 800# gorilla controls the market. Follow these big boys and you'll begin to see

[trunkmonk]

It is controlled, by the central banks who have traders in the background at CME and LMBA, I can prove it, i can see the signals in the Ticker. its like a matrix. I can see a Matrix forming in BTC, not nearly as mature cause its still a pyramid scheme based on PT Barnum playbook. But the Pros are slowly taking over. Having said that, in fact is the main reason it going to go to Mars with Musk in price, when they let it loose, u will only be able to chase it.

[a false profit]

I agree , the run is starting it is inevitable . check prices on silver eagles with online retailers . I usually reference silver.com or jmbullion.com . both reputable . here is some words & stuff that supports the precious metals run that will go parabolic https://www.zerohedge.com/crypto/bitcoin-has-no-top-because-fiat-has-no-bottom-understanding-monetary-debasement

[trunkmonk]

u been buying, now u bashing silver after u sell everything and owe it to a story about a gorilla that will smash the prices of....I guess everything you have sold. I think you will find you have made a mistake of a lifetime, the real metals run has not even started. yeah yeah i will hear back from u, i will not respond other than to say get ur head straight or else miss the biggest run in metals of your lifetime

[a false profit]

LoL yes ! have you ever heard of George Carlin ? a visionary ......... chocked full O ' common sense . first & foremost ... EVERYTHING is a scam , o.k. ? in this reality , that is the platform . yes the market / markets are controlled / manipulated . although Bitcoin seems to be shining a Lil ' bright , even though it is invisible & only exists in a digital dimension . welcome to Bizzaro world .

[pack10]

There is no question in my mind, the metals market, ETF's, dealers, are the most manipulated markets in the world.

What Red is saying he understands this and plays the game. Or at the very least tries to understand how and why

[a false profit]

it seems as though post # 36179 is actually agreeing with the status of being controlled .......... no ?

[AlwaysRed]

It seems that you are still having a hard time believing that the silver market is controlled. It does take awhile to comprehend. If it is taking you awhile to understand that the metal markets are controlled, how long will it take you to comprehend that ALL markets are controlled. All the stocks are owned through the Cede Co. Daily trading is done via derivatives, not the actual shares of a stock. If you are holding a stock, you are not actually holding the stock. You are only holding a digit of the stock. The actual stock is owned. And not by us:

https://www.whydrs.org/post/cede-ing-ownership-why-almost-all-publicly-traded-stock-belongs-to-one-company

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

Who owns Cede Co and all the stocks that they control?

All markets are owned and controlled. Especially the metal markets. The US is a corporation. The entire world has been incorporated.

The US is a corporation that was created between 1871 and 1933. The US code was created in 1933 and is indicates that the US is a corporation:

https://www.law.cornell.edu/uscode/text/28/3002

(15)“United States” means—
(A)a Federal corporation;

What is debt?:

(3)“Debt” means—
(A)an amount that is owing to the United States on account of a direct loan, or loan insured or guaranteed, by the United States

Debt is a loan.

All municipalities in the US are corporations. If they are not corporations they are labeled that way:







The world is owned and controlled.

[Princess17]

Total sham

[pack10]

We'll get rate cuts this year. They'll come when no one is expecting them. We'll tune in some day in July / august and get the announcement.

What will silver do in the mean time. Can we get to $30 an oz by mid April? Not likely, but I expect we'll go maybe $2.00 higher from here.

Just my opinion, but interesting times. Glad I got in when I did.

[Princess17]

Lots of paper thrown at this today

[Princess17]

There’s nothing scientific to it it’s manipulation through and through

[AlwaysRed]

Watch how this works:

1 week silver chart:

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

5 day dollar chart:

https://www.marketwatch.com/investing/index/dxy?mod=home-page

Why?

Jerome Powell says rate cuts appropriate this year:

https://www.marketwatch.com/livecoverage/jerome-powell-testimony-s-p-500-futures-rebound-ahead-of-fed-chair-s-comments?mod=home-page&mod=home_editorspick

Rate cuts = weaker dollar.

Weaker dollar = stronger market and stronger metals.

Weaker dollar = less demand for bonds:

https://www.marketwatch.com/story/investors-rush-to-snap-up-bonds-before-the-fed-starts-cutting-rates-45fc94fd?&mod=home-page

The Federal reserve is in total control of the worlds economy.

If you get into financial stocks and real estate stocks PRIOR to the rate cuts you will do well.
Shorting bonds may be a good idea.

[Princess17]

Rigger’s are working overtime today

[AlwaysRed]

No deliveries due until May:

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173968332

The filled all March contracts already. They SMASHED the price over the 2nd half of Feb to fill March contracts.

Also always pay attention to what the dollar is doing:

https://www.marketwatch.com/investing/index/dxy?mod=home-page

[pack10]

We've seen a huge move in the pps the last couple of days!! What's going on?

[BJ2018]

Man silver is suckn it up.. any fed pivot will send it higher though

[Candlestick_Ninja]

Per my update the other day we are moving to $194/$24 resistance, once that breaks we need $200 on GLD and $27 on SLV to break which i think happens later in the year during pre election time when the VIX will begin rising, but expect modest rises until then! Big bull pattern on higher level timeframes, a right bullish shoulder of a head and shoulders has been winding up on the Weekly

[a false profit]

OK , someone is attempting to prevent it . https://www.benzinga.com/markets/cryptocurrency/24/02/37326421/trump-said-he-wont-allow-cbdcs-now-his-party-is-proposing-a-bill-to-halt-the-introduction-

[a false profit]

no one is attempting to prevent it , Vivek Ramaswamy is the only one really that's shedding light on it . so far it seems to have been " green lit " .

[AlwaysRed]

Yeah stuff like this will happen if we allow it:

[a false profit]

BEHOLD ....... the ultimate control engine . executive order 14067 , complete restructuring of the U.S. $ , I've mentioned this last year , most weak minded religious sheep refer to this as " the mark of the beast " , accepting the Satan . MUCH TO LOOK FORWARD TO !!! https://www.zerohedge.com/political/american-totalitarian-crypto-dollar-may-come-election

[AlwaysRed]

If you have not already noticed, start to pay attention to the power of the Fed, interest rates and the dollar. Look at what happens to the world when a little thing like yesterdays CPI numbers happen.

https://www.barrons.com/livecoverage/cpi-inflation-data-january-report-today

They thought that the CPI would come in at 2.9 but came in at 3.1. Because of that one single little piece of news the markets went nuts. The dollar spiked, the interest rates went up. The markets crashed. The metals crashed.

The whole world is interconnected. It is all controlled. The FED has total power.

Because the CPI came in higher than expected. That means that the possibility of rate cuts are slimmer. The market over reacted. Nothing has changed. That was a fantastic dip to buy. Interest rates will not be increased. Nor will they be cut. Nothing has changed. But the markets JERKED because of the possibility of a move by the FED,

THAT is how much power the FED has. A private bank. Over all the economies of the world. They control the dollar and the fate of the world. All markets are at the mercy of the FED and the dollar. PERIOD.

I am bringing it to your attention. It is your job to watch it and see the patterns.

You will see a recovery from here.

This was a great buying opportunity for metals. And leveraged metal stocks. There are no deliveries due until the end of March

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

Look at the SLV futures volume the last 2 days. They may be keeping it low due to the silver price last year which was 21.86

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

It went down to 20 in March last year. If that is what the price was that contracts were created.................

And that price was so low due to interest rate increases. The dollar was flying high. This year we have a different situation. Interest rates are steady.

So let's all watch and learn.

[Omar8]

Princess,


"Bring it down to $16 the Comex will go bust !!!
Come on bankers do your job"


At this point I don't know where the bottom is........

[Princess17]

Bring it down to $16 the Comex will go bust !!!
Come on bankers do your job

[Omar8]

Looks like more buying opportunities....




I will add some more...

[Princess17]

Another fake crack up, boom in the dollar

[Omar8]

Pack10,




It's boring but I accumulated a good amount in this boring phase, I will wait for the jump up, that will be the exciting part.

[pack10]

Nothing going on to make silver move in either direction. Pretty boring at the moment.

[Omar8]

Pack10,




I been buying some but who knows, I keep telling myself when I bought last couple days I'm getting more at a good price ?

[pack10]

I feel like we could be in a trading range for the next 30 / 60 days.

Seems directionless, nothing going on that would make the manipulators move the pps

[Omar8]

Down again....





I bought some more AGQ @ $24 today....it's a wild ride with silver.