It's actually happening (repost from 4chan)
(media.communities.win)
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Isn't silver more manipulated than gold via ETFs though? Interesting stats over the last 5 years showing mine output declining vs use going up that don't square with spot price. Peak production around 2015. Doesn't mean silver is running out but that getting it takes more effort. If production cost goes up... That aside from the possibility of ETFs being bogus.
/see also, the producers (film, 1967)
Both Gold and Silvers are manipulated via the derivative markets - the core of the issue is assay/verification.
There is just no way for us to truly verify holdings within the vaults. The best we get are “Trust us, it’s all there” — history has shown us many times, you can’t trust centralized institutions with this.
There is far more ‘paper silver and gold’ in circulation than there is actual Silver or Gold. They literally made Silver out of thin air.
IMO Silver should be way, way higher than it is now, even higher in comparison to Gold by % growth.
https://youtu.be/mBS0OWGUidc
"Oh those gold reserves in Ft. Knox? It's all still there. Was always there. Trust us."
Can we see it?
"No."
And you'll be as likely to ever find it as the Civil War gold hunters... even if it did or does exist, the powers that be sure as shit don't want you to see anything.
🤣
I'm calling it now, one day ... the powers that be will denounce gold as racist and a direct violation to equity.
Better save this comment fren, for when it happens, you can pat me on the back for this one :)
Gold peddlers right now