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"This is what people need to understand about the dynamics of the silver markets, and why this is happening now"

Posted By: NaturalWisdom
Date: Tuesday, 2-Feb-2021 12:44:57
www.rumormill.news/165138

In Response To: Deliberate price manipulation to kill the short squeeze? Gold and Silver futures prices getting WHACKED HARD during the morning session (NaturalWisdom)

Background info about what SLV is
SLV: iShares Silver Trust ETF
Investopedia

The iShares Silver Trust (SLV) is an exchange traded fund (ETF) that tracks the price performance of the underlying holdings in the London Silver Fix Price. The SLV has total assets of $7.86 billion under management as of May 20, 2020, and has generated an average annual total return of 0.46% since the fund was started in 2006. The holdings of the fund represent silver, with the objectives to diversify one's portfolio and protect against inflation.

As a point of reference, spot Gold is currently trading above $1,800/oz as expressed in US Dollars.
-NW

ℕ𝔼𝕆ℕ ℝ𝔼𝕍𝕆𝕃𝕋
@NeonRevolt
Feb 1, 2021
WallStreetBets


https://gab.com/NeonRevolt/posts/105658688958855508

This is what people need to understand about the dynamics of the silver markets, and why this is happening now:

If they go this way - and they really have no other options at this point - $SLV collapses.

If $SLV collapses - real silver goes to the moon, since it can't be manipulated by the banks endlessly shorting the fake, phony derivative markets (paper silver) any more (since no one will want their worthless paper).

Where is the moon for silver?

Historically - it's 1000 dollars per oz (factoring in inflation). But in reality, it may be much higher, given how debased our currency is. I heard one guy speculate 5 figures (but he was accounting for full bimetallism again).

This is how wealth redistribution really happens. This is how the middle class gets resurrected. This is how prosperity can be ensured for generations.

agricult
@agricult
WallStreetBets

NeonRevolt They start freaking out, the market is that tight.. they will go up to 100% margin and then cash only delivery... this will be our GME


SOURCE




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