The “silver price battle” appears to be part of the financial warfare ‘theatre’. JPM Chase appears to be major villain and price manipulator according to DOJ deferred prosecution agreement that expired in March 2024 (with violations, imo).

1. Silver miners accelerate debt repayment due to additional profits

2. Less miner debt means stronger cash flows

3. Stronger cashflow means less downside hedging and less pressure to sell all mined silver immediately

4. Less downside hedging means less derivative paper silver available for shorting, limiting manipulative price suppression

5. Stronger miner cashflows means miners can delay or withhold supply delivery, expecting higher future prices

6. Continuously increasing price pressure creates incentive to further reduce downside hedging and further restrict deliveries from mint to vault.

Much of the downside manipulation appears to be not only unprofitable, but loss generating in the $30-33 price range, probably due to the massive leverage being used.

Note that the compounding factor is the Shanghai metals exchange higher prices of gold and silver creating arbitrage incentive that is sucking all the gold and silver out of COMEX at an accelerating rate.

Once COMEX vaults are empty, the Chinese/BRICS can “revalue” and potentially break the dollar. Once the dollar is broken there will be no more money for wars in Ukraine and Israel and Taiwan.

1. Silver miners accelerate debt repayment due to additional profits

2. Less miner debt means stronger cash flows

3. Stronger cashflow means less downside hedging and less pressure to sell all mined silver immediately

4. Less downside hedging means less derivative paper silver available for shorting, limiting manipulative price suppression

5. Stronger miner cashflows means miners can delay or withhold supply delivery, expecting higher future prices

6. Continuously increasing price pressure creates incentive to further reduce downside hedging and further restrict deliveries from mint to vault.

Much of the downside manipulation appears to be not only unprofitable, but loss generating in the $30-33 price range, probably due to the massive leverage being used.

Note that the compounding factor is the Shanghai metals exchange higher prices of gold and silver creating arbitrage incentive that is sucking all the gold and silver out of COMEX at an accelerating rate.

Once COMEX vaults are empty, the Chinese/BRICS can “revalue” and potentially break the dollar. Once the dollar is broken there will be no more money for wars in Ukraine and Israel and Taiwan.

1. Silver miners accelerate debt repayment due to additional profits

2. Less miner debt means stronger cash flows

3. Stronger cashflow means less downside hedging and less pressure to sell all mined silver immediately

4. Less downside hedging means less derivative paper silver available for shorting, limiting manipulative price suppression

5. Stronger miner cashflows means miners can delay or withhold supply delivery, expecting higher future prices

6. Continuously increasing price pressure creates incentive to further reduce downside hedging and further restrict deliveries from mint to vault.

1. Silver miners accelerate debt repayment

2. Less debt means stronger cash flow

3. Stronger cashflow means less downside hedging and less pressure to sell all mined silver immediately

4. Less downside hedging means less derivative paper silver available for shorting

5. Stronger cashflows means miners can delay or withhold supply delivery, expecting higher future prices