Silver 😎
(media.greatawakening.win)
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The bad guys still have control but they look like they are losing it rapidly. A very smart analyst stated years ago (can't remember his name, just the statement) that just before the bad guys lose control you will see wild swings in the prices. I've followed this sector for 22 years, the swings are more frequent and pronounced lately. It seems to be what would be happening if they were losing control, but it's certainly not a given. Once we break 35 or 36, then I think we'll be in the zone for a big pop. The shorts are either covering or going to go bust soon. Shanghai is showing signs of taking control of this market, it could put the COMEX out of business if it keeps up. Very interesting times!
100%. It has been happening for several months. The shorts hammer it down during the COMEX and GLOBEX hours then the Asian markets bring it right back up. Its a beautiful thing to watch. The shorts have got to be pissing their pants. To my knowledge we have no way of knowing their actual positions considering a lot of them are rolled into "CDO" type derivatives. Someone sold the short positions. If those derivatives are like equity derivatives, there is maintainance fees when the shit is underwater. At $31.50, they almost all have to be bleeding maintainence costs. Have to be. If we get to 35 .... OH BOY. Thats a fucking shitload. People gotta remember, every ONE paper silver contract is for 5000oz of physical. So when open interest is 100,000 contracts for JUST JUNE ... that equals 500,000,000oz of physical. Imagine being underwater just 10% of that as a short position. Each $1 move up = $50,000,000. Thats just one contract month. Damn. You know damn good and well some poor bastards shorted at 26-27 thinking they were gonna kill it. Weekly fees on that is gonna wreck their shit. Good.
👆🏻👆🏻👆🏻 More need to read and understand this.
Thanks for a great post. People need to understand HOW they're manipulating silver with paper...hint: there's WAY more paper "IOUs" than physical silver to back them up. Sound familiar?
The bittersweet reality is though... these fuckers will go bust, and the aholes in Congress (that word essentially means fucking, BTW), will just bail them out with OUR money. Sure is easy to spend other people's money when there's no consequences, isn't it? 🤔
Gold / Silver ratio looks nice too = 73.93 . Silver going the right path...
It will happen.
If I have to go by Andrew McGuire, it will make major moves later this year, 3rd quarter.
Yeah boy!
I’m not sure how this works, but is metals trading closed in USA for Memorial Day (like the stock market is) and they’re unable to artificially suppress the price today, so it has natural price movement?
I noticed APMEX is moving its price to reflect.
This is the first time Ive seen silver move (domestically) on a National Holiday.
Price is cool and all, but Im curious as to why its even moving at all, today?
Silver normally goes up when the Asian markets are open, and then the us shorts it down.
GME IS up 40 today on the German market.
Looks like the perfect storm......
It was $32.512 already on may 20'th.
Wake me when its 1k +
Did the enema commence?
not quite, but the tube is inserted
I love mother nature's currency 🙂
Been buying alot of SILVER last year.
Sure looking forward to the big POP, we will probably see something at the end of June or sooner ?
Launch Window Closing: Gold to Silver ratio could drop quite a bit more. (I'd say 50: 1 is closer to reasonability.) Buy now if you haven't already.
Just posted on the growth rates of may 2024 on gold and silver. Gold up 1.7%. Silver up precisely ten times that.
That both are on the magic number (17) is almost spooky, but it's a good signal for those of us keeping an eye out for it. White hats are 100% in control, and NCSWIC
Edit: for reference I've been only able to invest in metals for years now, and been holding it patiently like a good ape.
I view this as an ultimate battle between real vs fake (virtual). The mighty with their wisdom from the commie schools have no time for real silver -it is too much of a burden. They look down their noses at those who have real silver as uneducated and wasteful investors.
This is one avenue that is also a very big deal. If the plug is pulled the world might rejoice and the USA masters will have to conceal the truth. Would they conceal it make it appear to be worth a blank space?
In my opinion this thing alone could cause a media blackout and more. For now the general public view this as nothing though.
Maybe we will start seeing crazy back door attempts at survival with accidental sudden liquidations of say, large pension funds. Guess we'll see.
JP Morgan is custodian of approx. 675,000,000 ounces of silver = approx.$20 billion in value (here’s an article 2023 when JPM silver ETF held approx. 459 mill. oz. https://findbullionprices.com/blog/jpm-now-sole-custodian-of-slv-etf-holdings/#google_vignette ). Total global silver demand estimate 1.2 billion ounces in 2024 ( https://investinghaven.com/silver/silver-shortage-market-dynamics-2024/ ) Thoughts: as election 2020 fraud and chaos increases in markets and military scenarios around the world in the coming months, some of that silver gets taken by white hats and goes to Americans, revalued at a higher price, for the new American treasury and banking system.