HSBC in LONDON is EXITING all silver contracts by the end of the month. HSBC is permanently OUT of the silver business.
They have found HUGE allocation FRAUD in their own vaults. Over 300 MILLION ounces of silver is missing. They must buy a HUGE amount of silver PER DAY for the next 21 days to meet their contracts. Won't be happening.
HSBC expects the price of silver at the end of this month to be $347 / ounce.
I would take this with a grain of salt. I hope it's true but I've caught several outright untruths from the Asian guy. There's about 20% misdirection in every video I've watched to date. This may be true, but it's entirely possible it's bullshit.
True. This guy talks about but doesn't actually BRING any sauce. He's often been proven right in the past, however, and nothing he says seems out-of-line with what I know; we ALL know that paper silver has been HUGELY over-sold for decades, for example. That's a Ponzi-like situation that MUST fall apart at some point.
Still: Grains of salt are ALWAYS worth taking, no matter what you hear or where you hear it from.
I think "Asian guy" is controlled by multiple agents. There is the primary agent, and "everyone else."
The primary agent is controlled by John AG and The Boring Currency. They tend to say things that are correct when corroborated by external sources. All the others can say things that are provably nonsense (not everything they say, but some things that are nonsense). John AG and Boring tend to be proven true when they make explicit claims.. Those two also tend to just provide knowledge of how the system works, not make wild claims.
HSBC in LONDON is EXITING all silver contracts by the end of the month. HSBC is permanently OUT of the silver business.
They have found HUGE allocation FRAUD in their own vaults. Over 300 MILLION ounces of silver is missing. They must buy a HUGE amount of silver PER DAY for the next 21 days to meet their contracts. Won't be happening.
HSBC expects the price of silver at the end of this month to be $347 / ounce.
I would take this with a grain of salt. I hope it's true but I've caught several outright untruths from the Asian guy. There's about 20% misdirection in every video I've watched to date. This may be true, but it's entirely possible it's bullshit.
True. This guy talks about but doesn't actually BRING any sauce. He's often been proven right in the past, however, and nothing he says seems out-of-line with what I know; we ALL know that paper silver has been HUGELY over-sold for decades, for example. That's a Ponzi-like situation that MUST fall apart at some point.
Still: Grains of salt are ALWAYS worth taking, no matter what you hear or where you hear it from.
Thank you for this timely post, JohnTitor17.
Here is the charts and numbers from ditch the deep state,I've been reading his bullion reports for years,he is the very best.
https://open.substack.com/pub/econanalytics/p/bullion-banks-are-a-key-driver-of?utm_source=share&utm_medium=android&shareImageVariant=overlay&r=19irmc
CORRECTION:
7.3 BILLION ounces*
Yeah I'm going to take advice from an AI asian guy with a 1 month old youtube account.
You should have silver regardless. Ive never even watched this Asian ai crap. But I know silver will make us wealthy.
Fake video - many typos in the supposed internal document.
What then? Are you going to sell?
Hope everyone learned to lesson not to listen to internet hype trains, especially fly by night AI accounts.
Should I be buying silver right now?
I have a lot of physical silver so I'm buying mining stocks and calls now.
If i didn't have any,I would start averaging in to physical, retail silver is disappearing very fast now.
I think "Asian guy" is controlled by multiple agents. There is the primary agent, and "everyone else."
The primary agent is controlled by John AG and The Boring Currency. They tend to say things that are correct when corroborated by external sources. All the others can say things that are provably nonsense (not everything they say, but some things that are nonsense). John AG and Boring tend to be proven true when they make explicit claims.. Those two also tend to just provide knowledge of how the system works, not make wild claims.
Just something I've noticed. Ymmv.
I agree.
He has even combined them on the latest with a John AG and the boring currency banner in the upper left of his videos.