Rumors aren't facts, and you people are being played.
Rumors aren't facts, and you people are being played.
This isn't a rumor, it's basic math. They sold paper future for $25 an ounce at a rate of 50 times more than the silver they actually hold. They do this to create an illusion that there is plenty of silver on the market and it drives the price down. Buying up every bit of physical silver does the exact opposite and creates shortages. Very soon, maybe this week, they will owe $50 back to the people that bought for $25.
This isn't a rumor, it's basic math. They sold paper future for $25 an ounce at a rate of 50 times more than the silver they actually hold. They do this to create an illusion that there is plenty of silver on the market and it drives the price down. Buying up every bit of physical silver does the exact opposite and creates shortages. Very soon, maybe this week, they will owe $50 back to the people that bought for $25.
What public filings are you getting that info from?
What public filings are you getting that info from?
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