iShares Silver Trust (SLV) News

Shorts running for cover

Lol

you got the price of the eagle right , but . a handle isn't even worth 50 cents let alone 50 bucks !

1 ounce American eagle $42. $50 handle and all time high on deck

flied lice ........ sounds yummy ! here is " Orange Man Bad " cutting a rug with the curry connoisseurs / new sheriffs ..... enjoy !

There are new sheriffs in town and they like to eat flied lice and curry!

Count

https://www.zerohedge.com/news/2024-05-26/gold-fever

DR_rugby,




"Be careful what ya wish for

Ya might just get it


I wish for $25 silver again so I can buy a boatload of silver.....let's see if that happens.....

Be careful what ya wish for

Ya might just get it

Basis trade counter party

GLTA

Was great to see physical silver stay above 30 dollars for the whole week!
Doesn't mean it couldn't drop below 30 in the future (buying opportunity) but we have a new base.
Will be interesting to see where it goes starting Sunday evening.

Count

Fed will cut five times this year, driving gold to $3,000 by H1 2025 – Citigroup $SLV

try not to forget about these " citizens " LoL NEW: A Turkish man who crossed into Jacumba, CA illegally w/ a group of other Turkish men told me he paid $10k to a cartel, & expressed shock at how easy it was to cross the U.S. border with no resistance, telling me Americans should be “worried” about security & who is crossing. pic.twitter.com/Qb1a9BiDuV— Bill Melugin (@BillMelugin_) May 23, 2024

pessimism serves pessimists very well as it is largely focused on reality and the existence of consequence . sometimes optimism serves optimists very well as it is largely focused on hopes & dreams ( denial of reality possibly participating in and or determining consequence ) . you're welcome ! the years leading up to the ULTIMATE SHTF party are quickly expiring . never forget that this is reality .

Just facts. Wish it was different

You’re just a ray of sunshine pool ! :/

Us Citizens can't even afford food and rent. When they wanna buy it none us will be selling to em.

You can say that again Princess17. The paper market is loosing it's control over the physical silver spot price. China and to some degree India is keeping the price above the 30 dollar mark!
It's been reported that China is encouraging it's citizens to buy gold and silver. Imagine what would happen if citizens in the US woke up and started buying precious metals? According to the "metal salesmen" I follow, there has not been any retail demand for silver as of yet. In fact there has been lots of sellers calling in to sell their metals. I guess that makes sense to me......... both markets are high right now. Problem is, I don't think those sellers pay that much attention to what is really taking place. They see nothing from the MSM, that's non existent and has been for years now.
I will gladly hold what I have until silver reaches it's true evaluation. Problem with that is ............no one seems to know what that is!!
That to me is the exciting part !

Count

So true shorts just got a pass from uncle Jerome

Higher for longer

Is still on the table

https://www.kitco.com/news/article/2024-05-22/gold-prices-remain-under-pressure-fed-sees-possible-rate-hikes-if-inflation

Hike jibberish is side bar talk to keep shorts from getting blown out

GLTA

Silver to See Growing Deficit in 2024 as Supply Struggles
https://carboncredits.com/silver-to-see-growing-deficit-in-2024-as-supply-struggles/ $SLV

PS Rob is brilliant

Shorty trying to cover

What a great time to be in physical silver! So happy to see it staying above the 30 dollar mark. This is huge!
Here is a very good video explaining what is going on.
It's by Rob Kientz, The Freedom Report. Don't watch it Red, he calls our currency what it is.....fiat currency! As do every other expert in the finance market.I might add.
It's a 40 minute video...........all interesting, but if you just want to hear what he says about silver, go to about the 20 minute mark.

Incredible amount of manipulation today
18million shares not even noon

Morning slam

Silver Video

Ok Mr perfect
You know what I was referring to

Nobody with thousands of once of gold
Are posting on stock boards ............ thousands of " once of gold " , so you're saying one thousands of once of gold ? that's really a microscopic amount of gold ....... LoL ! Also , they're aren't any billionaires with " protesters " on their payrolls to initiate " chaos " .

What a joke

Pack10,


"I'm more interested in the why and how? If all these contracts were created last year the price had to be in the mid 20's at best. That means the banks
are going to take a huge loss if these prices remain at this level.
If it is supply and demand, which some think, then this upward move won't last long. Higher low and higher highs are only temporary conditions brought on by over zealous buyers.
FYI, dealers have already limited some buying!! If you own silver start to cash in now, according to a friend of mine who has family in this business. Not my opinion, his. dealers are limiting their inventories."


I guess it depends if those contracts are needed to be filled ? Remember May had over 100,000 at one time but I don't think much of them were delivered. I believe those were pushed to July, which then makes me think is demand really strong ?

And maybe they have another mechanism in place to use other methods to counter out losses on contracts ? Who knows maybe they bought a lot of AGQ when it was in the low 20s and then allowed to run and they pretty much made a double. Then, when they feel the top is in then back to ZSL. Maybe they did this run up to screw with those who though they had it all figured out and was playing their game and they decided they don't like others piggy backing on their turf and so threw a nasty curve at them ?

Surely they will find a way to hammer this down to 27 again. Even lower. Bullion should be at 35! Bitcoin over 70k so gay

So much paper !!

I wish it was that high lol. But still a huge increase! Can’t wait to see where I land by June 21st!!

look @ where you're @ NOW ! hopefully you're up @ least 7000% about right now , F.N.A. awesome trade , AWESOME !!!!!!!!!!!!!

I'm more interested in the why and how? If all these contracts were created last year the price had to be in the mid 20's at best. That means the banks
are going to take a huge loss if these prices remain at this level.
If it is supply and demand, which some think, then this upward move won't last long. Higher low and higher highs are only temporary conditions brought on by over zealous buyers.
FYI, dealers have already limited some buying!! If you own silver start to cash in now, according to a friend of mine who has family in this business. Not my opinion, his. dealers are limiting their inventories.

Nobody with thousands of once of gold
Are posting on stock boards
LOL

Princess 17,




I saw that too, thousands ? If someone had that much gold would they care about silver movement ? I wouldn't.

I bought some more physical silver over the weekend usually thats not good, my timing is horrible with purchases.

If they going make it move then make silver go to $50 or more than my total position would then be worth bragging about.

absolutely ! it's greater , then , hundreds of ounces ...........

Thousands of ounces of gold?

I'm impressed by the move up



The silver price is up nearly $10 from low in February. That is one heck of a move.

AlwaysRed,


"You know what know, you tell me........"


According to contracts in July which is over 150,000 and if the price was set a year ago in July then the price shouldn't be heading where it is. Yet it is going higher. That is what I'm confused about. Why allow it to run higher if they need the price lower and they control the price ?

According to the contracts they would lose billions potentially yet here the price is moving higher and they control the price maybe those contracts aren't that meaningful ? I don't know.

How did precious metals work as currency work in Rome?

https://money.visualcapitalist.com/currency-and-the-collapse-of-the-roman-empire/

Why does currencies always follow the same pattern?

What an idiot. LOL. I have thousands of ounces of gold and silver\. Why would I not be happy with a rise in price?

The reason I am here is to teach about the manipulation that has occurred in the metal markets especially the silver market. Silver should be worth thousands of dollars per ounce.

I have shown the manipulation and how it occurs. How could silver still be as low as it is with all the inflation going on? Even if silver was 50 per ounce.....It was 50 per ounce in 1980 and in 2011:



So why is it as low as it is?

Why smart ass? I have shown why, over and over.

They allowed the price to rise 10 dollars per ounce in 2020:

https://www.bullionvault.com/silver-price-chart.do

From 15 to 25. Then it ran from 20 to 25 for 4 years. Before than it was 15 to 20 for 6 years. How can that be? I thought silver was a hedge against inflation?

Here is an inflation chart:



Does that match the metal charts?

NO! Why? Because of manipulation. The very manipulation I have been taking about for years.

Oh in case anyone is wondering what the definition of fiat currency is................it is ANY currency that is NOT backed by precious metals.......such as gold and silver, IS fiat currency!

Count

Somebodies not happy with the rise in precious metals!!!!!!!
You can find other work.............after you dig yourself outta this hole.........maybe!
Glad I listened to my "metal salesman" and not some random poster on the internet.

Enjoy the ride........silver now at $ 32.47

Count

You are ignorant. Our currency certainly is not fiat.

How does silver being 32 dollars an ounce make the dollar fiat?

I know silver just busted 32.00 $ . But what do i know........I'm ignorant........ I believe our money is fiat.

Count

You know what know, you tell me..........

https://www.bullionvault.com/silver-price-chart.do

https://www.cmegroup.com/markets/metals/precious/silver.volume.html

AlwaysRed,


"SLV IS the silver market. And it is owned and controlled by JP Morgan. They want the price down........Dump SLV into the market. They want the price to rise. Remove SLV from the market.

You have to read between the lines and figure out what has happened here.

Why own the physical when the price is controlled by SLV?



So what does between the lines tell you about what silver will be in July ?

Who owns the most metals?

The holders of the metals themselves will benefit from a rise in price right?

This is why I am here on the SLV boards. Lets look at how this started.

In 1980 the hunt brothers tried to corner the physical metal market.:

https://www.investopedia.com/articles/optioninvestor/09/silver-thursday-hunt-brothers.asp

They went to battle against the powers that be. In the end digits beat out physical. The banks could create more digital silver than physical and no amount of physical can compete with that. The futures markets and paper/digits beat the hunt brothers. Banks win.

Here is a small summary of the recent history of silver:

https://medium.com/@metalscom/who-owns-the-most-silver-in-the-united-states-today-3d74f0b66eb1

Hunt brothers to Buffett. Buffett bailed when SLV was created in 2006. Of course Buffett and the banks colluded to create SLV. Buffett was trying to corner the silver market as well but the banks and Buffett came to an agreement. SLV was created in 2006:

https://www.investopedia.com/articles/investing/122215/slv-ishares-silver-trust-etf.asp

SLV IS the silver market. And it is owned and controlled by JP Morgan. They want the price down........Dump SLV into the market. They want the price to rise. Remove SLV from the market.

You have to read between the lines and figure out what has happened here.

Why own the physical when the price is controlled by SLV?

Who runs SLV? JP Morgan
Who owns the most silver in the world? JP Morgan
Who is the primary manipulator of Silver and SLV? JP Morgan.

So who benefits when the price of silver rises?

The banks and corporations own everything. They control the manipulation and the prices. They set the contracts, they fill the contracts. They hold the shorts and they set the prices. They control the quantity of metals going into the market as they also own and control the miners.

They control, bribe, blackmail and pay off our government officials. And the banks control the currencies and economy. The government is at the mercy of the banks. The banks hold all the cards.

Whatever is going to happen is all decided by the banks. They control the economies of the world.

We just try to profit from their games.

They own the world.