Here is the link for the article, it comes from a site called Disruption Banking.
https://www.disruptionbanking.com/2025/12/29/the-banks-and-the-silver-surge-rumors-vs-reality/
I looked up who runs this site and where they are located. Disruption Banking is owned and published by a company called Digital StartUp and the headquarters are located at 1 Canada Square, Canary Wharf, London. (3 miles east of the City of London)
What other institutions are located at Canada Square, Canary Wharf, London?
One Canada Square: This is the landmark 50‑story skyscraper itself — home to a wide mix of financial firms, tech companies, consultancies, and professional services. It’s one of the most important commercial towers in the UK.
Also, HSBC Canary Wharf Canada Place: HSBC’s global headquarters were located at Canada Square in Canary Wharf from 2002 until the bank announced its move back to the City of London. The building remains one of the tallest and most recognizable towers in the district.
This may not mean much to anyone unless you do some digging.
What caused the sharp drop in silver prices last night? Increased margins on silver contracts instituted by the CME Group. (Chicago Mercantile Exchange) It is the world’s largest derivatives marketplace. Its shares are traded on the stock market.
Who owns the CME? Institutional investors! Who are these institutional investors? Here is a list of some of the shareholders, the number of shares they own and what those shares are worth.
Vanguard Group Inc. 35,307,074 shares / $9.7 billion
BlackRock, Inc. 31,200,596 shares / $8.6 billion
State Street Global Advisors, Inc. 16,087,800 shares / $4.4 billion
JPMorgan Asset Management 8,130,860 shares / $2.2 billion
Goldman Sachs Group 3,109,876 shares / $722 million
UBS Group 2,727,809 shares / $723.66 million
Deutsche Bank 1.6 million shares / $436 million
HSBC Holdings 1.2 million shares / $316 million
BNP Paribas 381,000 shares / $102 million
https://www.investing.com/equities/cme-group-inc.-ownership
Some of the CME shares held by the above banks were found on Stockzoa. The link above is for major shareholders. If you do a search, many times search results will claim the bank does not hold any CME shares. This is because they change their names based on bank divisions. INC, Advisors, Management, Group, Holdings are different suffixes that are added to skew the search results. Almost like they are trying to hide something.
If you look at the original article posted above it names the top 8 banks holding the largest silver shorts.
JP Morgan Chase
HSBC
Scotiabank
BNP Paribas
UBS
Deutsche Bank
Citigroup
Goldman Sachs
State Street Corp
Comparing both lists, do you notice anything?
So, the above article calling Hal Turner and Silver Trades conspiracy theorists comes from a building in London where the HSBC was located and the HSBC was one of the banks that was saved from collapse by the increased margins. Make this make sense.
What you see here should be illegal, it is organized crime if you ask me. Manipulating commodity prices to benefit their investors. If all the major banks holding silver shorts are invested in the company controlling silver prices, can you say "conflict of interest". Market Manipulation, Collusion, Antitrust Violation.
If the banks are betting against people stacking silver and the banks lose the bet, is it appropriate for the dealer to take money from the winner and give it to the loser?
I lost $70,000 in my Silver IRA last night. I invest in and watch 20 different mining corporations; they all lost money yesterday. Every single mining company was in the red this morning and they are not happy about it.
If in the future, we are moving to a currency that will be backed by precious metals. Is it not a national security risk to allow an organization like the CME to manipulate the prices of commodities to benefit their investors?
The board members of the CME need to be investigated and prosecuted. We need to end the market manipulation. Trump is opening 401k's to precious metal market in February; will you be willing to throw your retirement savings out the window to protect the big banks? How many people will be scared to invest now that they have seen what crooks behind the scenes are capable of?
Heads need to roll, now!!!
Here are a couple of good articles that explain exactly what I am talking about.
The Regulatory Hammer: Why Raised Margin Requirements Are Cooling the 2025 Precious Metals Fever
CME Raises Silver Margins to $25K as Market Manipulation Intensifies
https://rwatimes.substack.com/p/cme-raises-silver-margins-to-25k
"margin hikes in response to rising silver prices has led many to question the CME’s role in controlling silver prices and whether it is acting in the interest of the broader market or a select few."
"Critics argue that this is a form of market manipulation designed to benefit short positions while stifling price discovery."
I have a precious metal IRA, I purchased physical silver and it is sitting in a depository.
I purchased my silver from Augusta precious metals and it is being stored in a Delaware depository. I have to pay $120 year for the storage fees on 4000 ounces. My wife and I have 7000 ounces total.
My wife did the same, she went through Kirk Elliot precious metal, from "And We Know". Her silver is in a Texas depository.
The people stacking silver lost money also. It doesn't matter if it is physical or paper, if they manipulate the price, everyone loses.
No, not if you don't sell it.
Ya, you have a point, I know it will come back.
Try explaining that to your wife who you convinced to rollover an old 401k into a precious metal IRA, lol.
The point is, we shouldn't be bothered with the nuisance from these assholes.
Depending on when you did the rollover you are still in the money i am sure. Just remember they will use “force majeure“ clause to stiff you when the silver goes to moon and the paper can’t keep up
In February Trump will allow every 401k across the country to be invested into a traditional precious metal IRA. Do you think they will rob everyone of their life's savings? Should we warn people Trump is a thief?
I stack as well as play with paper but I know what paper really is so I sold a good chuck today (After it came about 1/2 way back) I think you are right about manipulation BUT it's pretty predictable. When it forms almost a perfect exponential, it's certain to break out at some point, if not by manipulation then by other means. The percentage up was about doubling every day. I knew it would collapse before the end of the year (but I had previously thought it would do one more day of this & hit 100 tonight) It still could but I sold my biggest paper position just in case it doesn't.
If you play with paper then you have to watch it carefully & hedge your bet at times. (I still have some up positions but even if they all evaporate I'm still in the +) Until fiat completely collapses then. It is for that time that out stacked metals come in handy ;)
Exactly, nothing goes straight up. This pullback is expected and healthy. Hold !
Good job stacking physical. I dont trust depositories.
My stash is under the bed.
And I'm HOLDING.
Sky's the limit; thanks be to God.
Nice stack you got there mister...
My target number keeps increasing as time goes on...
Have you ever tried to get physical silver from your IRA, delivered to your house? Even a partial release? I am just wondering how that works. I know there are penalties or income taxes depending on your age and disbursement.
I opened this IRA in June and I have not tried to remove anything from the account thus far. I am retiring at the end of 2026. I am still working full time, so I do not need it.
They said they would give me spot price when I liquidated it, minus 3%. I would have to pay typical income taxes as well.
I am greater than 59 1/2 years old so I was able to roll over my 401k with no early withdraw fees.
At age 73 I would have to start taking required distributions. Either converting it to cash or taking "In kind Distributions" which means taking possession of the metal.
If it's in an IRA you can't, one of the conditions of it being an IRA is that is has to be in the hands of a custodian. If you can get it released like you describe the penalties likely wouldn't be worth it.
If a „Delaware depository” building doesn’t belong to you - it’s a paper as well. They give you a “certificate” but it’s actually a paper too.
Read the story of Amber Gold in Poland where people were given gold certificates but instead of a gold - the managers (fraudsters) were investing in shares (e.g. shares of OLX Express airline).
When OLT Express airline has bankrupted - it become apparent that Amber Gold can no longer provide a physical gold … because they never had it.
The fact that they charge you for a storage increases your cost and increases your perceived trust, but it doesn’t prove that the metal is there (and even if there is - it doesn’t prove that’s it’s really yours … or the same ounce is “owned” by 100 different people who get the same photo as a “proof”).
You have a metal if you can touch it. Otherwise it’s just another paper. Whether the deposit is real or a fraud - you only find out when everyone ask for a delivery to their homes. Amber Gold customers did and they were really pissed off (actually lost their money and never saw the gold).
With IRA - you may need to look if any government guarantees are provided (in case of a similar issue). Otherwise - the logic is this: if they already defrauded you (by margins and price manipulations) - why to still believe that this their last lie?
There's a Willy Wonka meme in here somewhere...I just know it.