If every concerned person would buy a few shares of SLV and sit back and let the more involved do the short squeeze the price will rise. When the price rises demand physical silver as payment from SLV, NOT a cash payment. If everyone did this it would expose that JP Morgan was just selling paper instead of physical silver. You won't lose, you might not end up with silver but you will end up with more cash than you invested. Yes you have to invest a little money, a little time, but your efforts will benefit you and the country as a whole. How much time and effort do you spend on fighting for your freedom?????
SLV WILL NOT PAY ANYONE IN PHYSICAL.
You will receive fiat only. If even that. If this crashes markets, any fiat you receive will be worth less and less every day.
You are a fool for not owning physical and for buying into the slv ponzi.
True. But driving the price up makes the physical worth more. I also like the mining companies cuz demand, demand
Paper assets are great until you realize how tiny the exit door is, and the big sign on it that says major banking institutions first.
JP Morgan was just selling paper...
So while they are the largest holder of physical silver (supposedly), they've also sold the most paper-silver?
Yes, I haven't looked recently but a conservative estimate is they sell 100 ounces on paper for every ounce in the vault. If you search on the net about JP Morgan fined for fixing the price of silver you'll find a few articles. Most people could care less about taking physical possession so in essence the people enable JP Morgan to screw us. If they had to trade in real physical silver they couldn't move the market and suppress it as much as they have. You have to ask yourself if the historic ratio of gold to silver was 1-16 how has it stayed above 1-50 for decades and currently around 1-70. There's a ton of speculation on what the real price of gold and silver should be.
Thanks. I've been in the physical silver world for a while. Always heard about JP Mprgan and the silver market, but couldn't be arsed to read financial news: not my cup of tea.
I'll not by paper silver: good luck to those who are going after the ultra-squeeze. I'm only waiting around long enough to buy up property when people can't pay their property taxes. If yall could make that happen sooner, I'd appreciate it.
Society might feel friction during the change, but that's the price we must pay for playing kike games for too long.
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