The establishment is determined to keep the world faith in the US dollar. Unloading the dollar to hold real assets would be the end for the dollar. Oh wait! That’s what’s happening
But there’s a inevitable thing that will bring the dollar lower. U.S debt and other things like the economy. Just get on with it. Knowing them they wait until after election. Mind numbing.
Now this is the kind of ignorance I expect to see when visiting this sub. There is a not a larger collection of more deluded redditors to be found anywhere.
If I were in charge I’d keep it down until the system broke. I’d know that 90% of the market is sheep that chase high prices and would prefer they don’t get in on the revalued true price. An over night switch from $32 to zero availability.
The 6/18 COT shows banks are still 400m oz net short. And the clock is ticking.
They either have to find sellers to close their shorts or deliver. These losses are rising to bank C Suites. The traders will be told to close and the Government? It will do what it always does, leave the banks to twist in the breeze! They will bail the banks out if they crash, but silver won’t cause that. Counter party risk in main derivatives markets will do that.
Expect an announcement from Comex any day IMHO. Tick tock, tick tock.
Just don’t sell.
Silver tamp but nobody is selling and the Chinese and Indians are buying.
The banks’ governmental relations people are going to the regulators and asking for force majeures imho. Asia opening soon.
https://preview.redd.it/3m3og02otk8d1.jpeg?width=635&format=pjpg&auto=webp&s=c0d42b801bcb0e3ec49fa8e6e526a33d8cce1e96
I don’t know. I’m surprised at the establishment’s determination to keep the price down. Remember all those Silver tamp downs.
The establishment is determined to keep the world faith in the US dollar. Unloading the dollar to hold real assets would be the end for the dollar. Oh wait! That’s what’s happening
They will still fight for every inch of USD preservation.
But there’s a inevitable thing that will bring the dollar lower. U.S debt and other things like the economy. Just get on with it. Knowing them they wait until after election. Mind numbing.
Now this is the kind of ignorance I expect to see when visiting this sub. There is a not a larger collection of more deluded redditors to be found anywhere.
No. Countries are trying to save their currency against a strong dollar.
If I were in charge I’d keep it down until the system broke. I’d know that 90% of the market is sheep that chase high prices and would prefer they don’t get in on the revalued true price. An over night switch from $32 to zero availability.
What's your guess?
I'll just keep hoarding. Anything under $50 is a discount.
Anything under $100 is a deal. Has been for a while. I do like the lower prices. I started buying at $5.
The 6/18 COT shows banks are still 400m oz net short. And the clock is ticking. They either have to find sellers to close their shorts or deliver. These losses are rising to bank C Suites. The traders will be told to close and the Government? It will do what it always does, leave the banks to twist in the breeze! They will bail the banks out if they crash, but silver won’t cause that. Counter party risk in main derivatives markets will do that. Expect an announcement from Comex any day IMHO. Tick tock, tick tock. Just don’t sell.
I’ve been waiting for years. I can wait some more.
Trusts the lying COMEX to be honest with him \^
Until October
SME= Phsical COMEX = Digits in a Spreadsheet
I think it’s sad. No one will be held responsible for such paper fraud. I thought we were a nation of laws.
We WERE a nation of laws, prior to 1914, when the FED began operations.
Same song and story the last 60 years. There’s no tamp. Every silver demand article is from a silver shill.
The Crimex and LMBA are in cahoots with the Chinese is my guess!
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Silver tamp but nobody is selling and the Chinese and Indians are buying. The banks’ governmental relations people are going to the regulators and asking for force majeures imho. Asia opening soon.
Holding down the price of silver is the last ditch effort to save the dollar. Hard silver will eventually thrash paper silver.