Heavy manipulation.
Heavy manipulation.
JP Morgan has the monopoly on silver futures contracts. They use that to manipulate the price. As a result, there's shitloads more paper silver than actual silver. I'm sure you can see the problem with that.
JP Morgan has the monopoly on silver futures contracts. They use that to manipulate the price. As a result, there's shitloads more paper silver than actual silver. I'm sure you can see the problem with that.
There is a community of investors buying physical silver in anticipation of the paper contracts becoming worthless because they are so oversold. I read a stat that said there are around 400 paper contracts for every ounce of physical silver available on the market.
The have a SubReddit at /r/Wallstreetsilver
I know it’s Reddit, but they’re not a mainstream narrative following community.
There is a community of investors buying physical silver in anticipation of the paper contracts becoming worthless because they are so oversold. I read a stat that said there are around 400 paper contracts for every ounce of physical silver available on the market.
The have a SubReddit at /r/Wallstreetsilver
I know it’s Reddit, but they’re not a mainstream narrative following community.
Been asking that question for years.
Millions of daily digital ETF transactions help manipulate the price and keep it down.
Since I started buying silver - the lowest it got was around $13/oz and the highest was $48/oz (*estimates - not including premiums - spread out over years.).
Other than those two major spikes there has been little movement. It hovers between $16-$23 an ounce. Sometimes a little higher and sometimes a little lower. I haven’t followed it as closely lately because it’s bullshit.
I still buy metals because it’s real wealth.
Been asking that question for years.
Millions of daily digital ETF transactions help manipulate the price and keep it down.
Since I started buying silver - the lowest it got was around $13/oz and the highest was $48/oz (*estimates - not including premiums - spread out over years.).
Other than those two major spikes there has been little movement. It hovers between $16-$23 an ounce. Sometimes a little higher and sometimes a little lower. I haven’t followed it as closely lately because it’s bullshit.
I still buy metals because it’s real wealth.
Lookup the dollar milkshake theory. The gist is all other currencies have to goto crap before the dollar does because it is a reserve currency. A gold/silver backed currency would resolve it.
Also, the doom loop on social security has been initiated. The goverment has to payback some of the debt owed to social security for payouts. Not enough people paying in. Unless mass die offs of 65 and older or congress gets their ass together.
Lookup the dollar milkshake theory. The gist is all other currencies have to goto crap before the dollar does because it is a reserve currency. A gold/silver backed currency would resolve it.
Also, the doom loop on social security has been initiated. The goverment has to payback some of the debt owed to social security for payouts. Not enough people paying in. Unless mass die offs of 65 and older or congress gets their ass together.
With the vax I'd say mass die-offs is the plan. If they implement ubi and continue redistributing White wealth into neegro and other brown hands doom loop is correct.
With the vax I'd say mass die-offs is the plan. If they implement ubi and continue redistributing White wealth into neegro and other brown hands doom loop is correct.
Part of the race is to CBDCs. If they can move quickly to that then they can claim everyone's money. Also, they hard peg the CBDC to the dollar at an overflatted value.
Part of the race is to CBDCs. If they can move quickly to that then they can claim everyone's money. Also, they hard peg the CBDC to the dollar at an overflatted value.
I'm certain of that and the social credit "real ID" thing is on it's way, even though they deny that it's being implemented
I'm certain of that and the social credit "real ID" thing is on it's way, even though they deny that it's being implemented
Are you able to get silver as soon as you buy it? If not it’s a method of suppression.
Also does anybody ever like buy from each other? Or just a few central sources?
Are you able to get silver as soon as you buy it? If not it’s a method of suppression.
Also does anybody ever like buy from each other? Or just a few central sources?
I had to sell a bunch before those Saudi oil fires jacked it up. Still pissed
I had to sell a bunch before those Saudi oil fires jacked it up. Still pissed
I wouldn't mind if it went back down to $18 or lower so I could pick up some more.
I wouldn't mind if it went back down to $18 or lower so I could pick up some more.
That's about where I stopped buying it a few years ago. Wish I'd picked up more gold several weeks ago when it was around $1600.
That's about where I stopped buying it a few years ago. Wish I'd picked up more gold several weeks ago when it was around $1600.
The silver market is heavily {{{manipulated}}}... Gold and silver should really be through the roof right now.
The silver market is heavily {{{manipulated}}}... Gold and silver should really be through the roof right now.
Premiums are ATH. Silver is decoupling from fake derivative price.
Premiums are ATH. Silver is decoupling from fake derivative price.
It's because that's what it costs to mine, process, and ship silver. If demand goes up, they mine more.
It's because that's what it costs to mine, process, and ship silver. If demand goes up, they mine more.
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