Price of silver. https://www.apmex.com/silver-price
JP Morgan controlling silver and gold prices. https://www.moneymetals.com/news/2019/09/11/setting-the-record-straight-on-silver-price-manipulation-001863
I think the price drop with silver will be a short lived win for the bankers and a potential windfall for silver hoarders in the near future. Let me explain.
For months, silver stackers have been trying to push the price of silver higher by buying everything on the market. Many silver dealers have waiting periods for deliveries now. The available silver on the market is very very tight.
Paper silver contracts are maturing by April 1st and the investors will have a choice of rolling over their contracts, taking a cash payout or taking delivery of the silver. My bet is many will take delivery of the silver to put the squeeze on the big banks. Just like the squeeze put on hedge funds with GME, I think silver stackers are going to put the squeeze on precious metal price manipulators
This could be why JP Morgan and Goldman Sachs are liquidating shares in Chinese tech and media companies. They are preparing for a massive purchase of silver they will have to deliver.
It is said that the banks only hold one ounce of silver for every 250 ounces being held in paper contracts. They are driving down the price of silver now to increase their purchasing power. With the tight supply of silver we currently have and the large amount needed to fill maturing contracts could we see the price of silver skyrocket!!!???
Silver is $24.00 an ounce right now, its a great time to buy. If President Trump plans on taking us back to the gold standard in the future, the price of precious metals are going to skyrocket. Get in now while the price is right.
Stay safe my frens!!!
WWG1WGA!!!
All I know is gold and silver are way under valued. So BUY BUY BUY !!