I would like to know how does JPM manipulate silver? ok they are selling paper contracts but isn't that people can take deliveries ? They are not taking delivery means there is no demand and hence the prices are down. Repeat ... there is no demand for silver in the world
To be able to take physical delivery of silver from SLV you have to have a minimum stake in the ETF which is so high that only the big banks that are themselves rigging the silver price and institutional investors could take delivery.
By the way, there's massive quantities of physical been taken off the London bullion exchange this way since the beginning of 2021.
Physical silver has a big demand, hence the premiums are high when you buy it from retailers.
I recommend these YT channels, they talk a lot about this :
Anyone who thinks that the economy is weak needs to get his head examined. This is the hottest economy ever. I am out in a city called Gainesville and everything is full by the 99% (not the 1%). They are out in droves and have filled up every bar every restaurant. Cheesecake factory has an hour wait and is full of teenagers. Get over the BS of weak economy and open your eyes. wtf I need to stop reading bear doom and gloom board like this one and stupidity of zerohedge. This is crazy.
Last events: Dollar up, Bonds yields down, Gold down(last 1.5 months) commodities under pressure/down. Inflation spooks the market? I would say correction from inflation expectations.
The precious metal prices are voluntarily kept down while big money and institutions and countries like like china and russia stack up massively. Also, it's kept down so inflation is less obvious since gold and silver are the canary in the coal mine.
trump Evangelical Radical Right-wing Extremist False Prophets Freak Out over Biden WINNING the Presidency.
https://www.youtube.com/watch?v=9gIAtDxyTaM&list=WL&index=1&t=10s
Ah ha ha ha ha ha Hahah... I’m going to fall off the bed again tonight laughing!!! Whew yes!!
I would like to know how does JPM manipulate silver? ok they are selling paper contracts but isn't that people can take deliveries ? They are not taking delivery means there is no demand and hence the prices are down. Repeat ... there is no demand for silver in the world
JPM are my Boys! YES! GO JPM GOOOOOOOOOOOOOO!!! 😃 👍 💯
JPM is not doing anything other than spoofing which is totally different animal
Big short selling of SLV drives its price down.
To be able to take physical delivery of silver from SLV you have to have a minimum stake in the ETF which is so high that only the big banks that are themselves rigging the silver price and institutional investors could take delivery.
By the way, there's massive quantities of physical been taken off the London bullion exchange this way since the beginning of 2021.
Physical silver has a big demand, hence the premiums are high when you buy it from retailers.
I recommend these YT channels, they talk a lot about this :
https://youtu.be/0kFtQauY8QQ
https://youtu.be/qNtqJC0hgQk
Ohh man. Get over it. There is no shortage of silver as of now. Will see when this changes. For now take as much delivery as you want on comex.
Do not believe in phrases like
"By the way, there's massive quantities of physical been taken off the London bullion exchange this way since the beginning of 2021."
They have been using it for he last 20 years to sell you overpriced coin. This is USA
Greg, Do you think the Blue states will shut down again?
Anyone who thinks that the economy is weak needs to get his head examined. This is the hottest economy ever. I am out in a city called Gainesville and everything is full by the 99% (not the 1%). They are out in droves and have filled up every bar every restaurant. Cheesecake factory has an hour wait and is full of teenagers. Get over the BS of weak economy and open your eyes. wtf I need to stop reading bear doom and gloom board like this one and stupidity of zerohedge. This is crazy.
Greg is the biggest bull out there despite his dire view on the economy
Last events: Dollar up, Bonds yields down, Gold down(last 1.5 months) commodities under pressure/down. Inflation spooks the market? I would say correction from inflation expectations.
Gold and silver always go down. Inflation or deflation does not matter.
The precious metal prices are voluntarily kept down while big money and institutions and countries like like china and russia stack up massively. Also, it's kept down so inflation is less obvious since gold and silver are the canary in the coal mine.
Just look at the SP500/gold ratio.
Gold is money, USD is currency.