Silver trader here, you need to be careful because the price of SLV is determined by comex futures, not buying and selling of SLV. Silver SHOULD be much higher but they can suppress it there. What we do in RH will not affect the price of silver.
I found Q a couple of years ago while wandering through the economic rabbit holes. You are correct Silver and Gold are very under valued, however they are under valued so that the elite can hoard as much as possible while at the same time watching world currency become valueless. It is said that JP Morgan, for example has at least 700,000,000 ounces of physical silver in their vaults. If they have been buying that at $20.00 an ounce, how is increasing the value to $1000.00 an ounce going to affect them. I think this move is poorly thought out.
Compared to gold, it’s been under valued for a long time.
Silver trader here, you need to be careful because the price of SLV is determined by comex futures, not buying and selling of SLV. Silver SHOULD be much higher but they can suppress it there. What we do in RH will not affect the price of silver.
What about taking physical deliver of silver coin/bar?
Can that force a short squeeze?
I found Q a couple of years ago while wandering through the economic rabbit holes. You are correct Silver and Gold are very under valued, however they are under valued so that the elite can hoard as much as possible while at the same time watching world currency become valueless. It is said that JP Morgan, for example has at least 700,000,000 ounces of physical silver in their vaults. If they have been buying that at $20.00 an ounce, how is increasing the value to $1000.00 an ounce going to affect them. I think this move is poorly thought out.
Hunt brothers were scapegoated.
https://youtu.be/uG4sjFnX6YQ