/biz/ - Business & Finance

Hahahaha, gold and silver spike and start to run to the moon, then crash moments after, _EXACTLY_ the same thing which happened after the FOMC, or which happens after every single Fed meeting in general, or after the release of any piece of bad economic news. Remember all those previous occasions? Remember 11 August, when they dumped 2 billion paper ounces in a single day? I do. (See picture.) Remember when they dumped 14 billion paper ounces in two weeks? Who the hell doesn't understand that the bankers manipulate the price at this point?

>>21636065

They dumped 14 billion ounces of paper silver on the market in 2 weeks. That's 100x the annual investable physical supply. The paper market is all that matters. Short-term price movement is meaningless. Wait for the COMEX deliveries in September and be patient. There are no other fundamentals that matter other than the paper-market, and whether they can provide physical delivery of the metal.

>>21629604

Thank you for enlightening us. Silver isn't going down because we had 14 billion paper ounces dumped on the market in two weeks, which is 100x the world's annual investable silver supply. It's because of your anecdote about somebody selling their silverware at an Australian antique shop. Exit all markets.

>>21581999

Recently, the banks dumped 2 billion ounces of paper silver in a single day. That's 20x the annual investable supply of physical. The raid knocked silver down from $29 to $23. They dumped something like 14 billion ounces over the past couple of weeks. Doesn't matter what they do for now. This is all to exit their short positions and go long. The COMEX deliveries are going to wipe them out.

>>21372535

SLV is a fraud. Get out and buy PSLV or SILJ.

https://www.youtube.com/watch?v=9EOPKizJ_Y4

https://www.youtube.com/watch?v=nDhQDWVRekk

https://www.youtube.com/watch?v=912UykAeVX0

https://www.youtube.com/watch?v=kZcrB489LSc

https://www.youtube.com/watch?v=7SX1Pv6foC8

https://www.youtube.com/watch?v=LcN5_ZqNUl4

https://www.youtube.com/watch?v=D6DQtbn5nos

>>21372077

SLV doesn't have the physical silver which they claim to have. Often, one month or one week of the annual world supply of silver is allegedly flowing in there in a single day. But if you ask them for a bar list, they won't give it to you, and it is almost impossible to take delivery from them. These inflows are also happening at a time when wholesalers literally cannot get their hands on silver bars any more.

J. P. Morgan is the custodian of SLV. If you understand that they can dump 2 billion paper ounces on the COMEX in a single day, which is 20x the annual investable supply of silver, then you have no good reason to trust that SLV is backed by real physical silver.

https://www.youtube.com/watch?v=9EOPKizJ_Y4

https://www.youtube.com/watch?v=nDhQDWVRekk

https://www.youtube.com/watch?v=912UykAeVX0

https://www.youtube.com/watch?v=kZcrB489LSc

https://www.youtube.com/watch?v=7SX1Pv6foC8

https://www.youtube.com/watch?v=LcN5_ZqNUl4

https://www.youtube.com/watch?v=D6DQtbn5nos

>>21366180

J. P. Morgan is the custodian of SLV. If you understand that they can dump 2 billion paper ounces on the COMEX in a single day, which is 20x the annual investable supply of silver, why on earth would you trust that SLV is backed by real physical silver.

Hemke does allude to SLV briefly in that video. He talks about the spoofing and manipulation which is done with it, and about the Bart Chilton interview which Chilton did with Chris Marcus just before he died, who confirmed this.

The inflows into SLV are impossible. Andrew Maguire was talking about this only a few days ago. You literally can't get silver bars any more. They have virtually disappeared. So where is SLV getting all their silver from? Often, one month or one week of the annual world supply of silver is allegedly flowing in there in a single day. But if you ask them for a bar list, they won't give it to you, and it is almost impossible to take delivery from them.

https://www.youtube.com/watch?v=nDhQDWVRekk

https://www.youtube.com/watch?v=912UykAeVX0

https://www.youtube.com/watch?v=kZcrB489LSc

https://www.youtube.com/watch?v=7SX1Pv6foC8

The 500 owners to real ounce statistic _is_ about SLV. It's about both the COMEX and SLV. Chris Marcus interviewed dozens of insiders in the silver and mining industry for his book The Big Silver Short, and he never got an answer lower than that number.

https://www.youtube.com/watch?v=egD6yjimNno

>>21344930

It's not consolidation so much as it is manipulation. Silver only got down here in the first place because the bankers dumped 2 billion paper ounces on the market in a single day (about 20x the annual investable supply of silver). They are exiting their short positions and going long in anticipation of the FOMC meeting in September, and impending default on the COMEX. It is impossible to know what will happen to metals and miners for the next few weeks, but in September and October they are going to soar to levels which we can hardly imagine.

>>21296409

The bankers dumped 1.8 billion ounces of paper silver on the market yesterday. As most is consumed in industry, we only produce 100,000 ounces per annum for investment; so it was a dump of 20 years of the annual investable supply of silver in a single day. They did it because they needed to exit their short positions and go long. They are getting ready for the silver surge in September when the Fed will announce inflationary policies and YCC, and the COMEX
will go bankrupt. Never let us forget their crimes.

https://www.youtube.com/watch?v=9EOPKizJ_Y4

>>21293722

They actually traded 1.74 billion paper silver ounces to crash the price below $25. That's two years of the annual supply of silver, and ten or fifteen years of the annual supply of investable silver. You don't know whether to laugh or cry.

>>21284851

If the COMEX went bankrupt, SILJ would soar to levels we can hardly imagine. The price of real silver would double or triple overnight, because silver would become completely free from manipulation. All the fake paper ounces would disappear, and there would be true price-discovery. Now these miners are producing real silver ounces; we know they have them; they can be relied on, unlike the fake paper markets. Some, like FMS, even want to pay a dividend in silver. And when you own a miner, you are buying a share of those real ounces.

>>21284877

Yes. See picture for those who are not aware of this. Craig Hemke explains how the scam works: https://www.youtube.com/watch?v=9EOPKizJ_Y4

Those newcomers who want to know what is going on right now should watch the following videos:

https://www.youtube.com/watch?v=9EOPKizJ_Y4

https://www.youtube.com/watch?v=gkaMAaPRg0A

https://www.youtube.com/watch?v=egD6yjimNno

In case anybody doubts that this is manipulation.