Its Habbening! According to Silver Prices, at least ....
(media.greatawakening.win)
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When risk is on, people flock to precious metals, this is historically true.
No demand? I'm thinking it good to buy @16.50 for a long term investment.
Why is it not skyrocketing then? To believe that some giant entity is going to continue to short a market that they know is going to go to the Moon and bankrupt their asses, is insane.
Because like others have said, price is manipulated?
That 'big entity' is paper money. Since they create 'value' with paper at any time and anywhere, they can pretty much can drive it to whatever price they like.
Obviously if they short the bugger they are the counterparty to their own shorts.
To manipulate the price of silver you have to flood the market to reduce the price (and reduce demand) or buy everything you can get your hands on, to reduce the supply and raise the price. I find it hard to believe that somebody who has a large amount of an asset, would specifically act to reduce the price of that asset.
The simple truth is they ARE the counterparties to their own trades so they can move the market whichever way they want.
They use paper silver, so really they can create value whenever and as much as they want. Remember, on the backend they see both buy and sell orders, so really it's not a free market because they buy and sell to themselves to move price.
I get what you're saying about supply and demand, but in my personal opinion supply and demand does not move prices. It's just one huge algo that goes from one stop hunt to another. The charts look random but they aren't, you can see price move predictively from stops to stops.