Thursday, January 28, 2021

Hold Silver.

     The short squeeze is coming to silver:



    Silver's true value has been suppressed for a long time. Historically, it's ratio with gold is 15:1 but today it is around 70:1:


    If silver just corrected, it would be worth triple digits. However, gold has been suppressed too. So they will both correct meaning silver could reach four digits. This is why the Bitcoin psyop is in full effect. People are trading their gold for Bitcoin:

"The adoption of Bitcoin by institutional investors has only begun, while for gold its adoption by institutional investors is very advanced," the strategists wrote. "If this medium to longer term thesis proves right, the price of gold would suffer from a structural flow headwind in the coming years." In the near term, Bitcoin price is "skewed to the downside."

    They want to get people out of the precious metal market because that's literally where the real money is at. We all know the story of the hare vs the tortoise. The reason many aren't seeing the ridiculous upside to silver is due to multiple generations inability to notice value over price. See, for Bitcoin to exist it requires the mining and using of silver. Dentist, doctors, tech companies, etc all use silver to perform their jobs. Nearly 2/3 of silver is used in industry and currently the above ground supply of silver is lower than gold:



    Combine these factors with the comex manipulation:

The Fix is In – Manipulating the Gold and Silver Benchmarks

Beyond the gold and silver futures markets, but interfacing with the futures, a similar group of bullion bank traders are, not surprisingly, also involved in antitrust court cases alleging that these banks manipulated the London gold and silver fixing benchmark auction prices. While these cases are still winding their way through New York courts, and have not yet been fully ruled on, the chat room transcripts on manipulative price collusion can only be described as shocking, chat transcripts which anyone who bothered to think about it knew they existed from at least 2004.

The cases in question have been brought by groups of precious metals investors against the cartelesque London Gold Fixing and London Silver Fixing companies with allegations that Bank of Nova Scotia and HSBC manipulated silver fixing prices from 2007 to 2013, and that ScotiaBank, HSBC, Barclays and Societe Generale manipulated fixing prices from 2004 to 2013. Noticeably absent is Deutsche Bank which settled its way out of both cases, and UBS which successfully dismissed itself from both cases using cooperation and expensive lawyers.

Again we turn to an article by Allan Flynn from December 2016 titled “How to Trigger a Silver Avalanche by a Pebble: ‘Smash(ed) it Good’ which has a host of excellent quotes from chat room transcripts on how traders allegedly manipulated the silver market, for example:

UBS Trader A: “gonna bend this silver lower”; “i will bend it lower told u”; ”hah cool its gonna get ugly”; “use the blade on silver rg tnow it’ll hold it up", gona blade silver now.

Deutsche Bank Trader B instructing Barclays trader A: “today u smash,

UBS Trader A: “an avalanche can be triggered by a pebble if you get the timing right” and “silver still here, u can easily manipulate silver"


    This can't last forever and it looks like the end is near. Silver and gold are great assets to hold during times like these. Don't miss out on this massive opportunity. 


* Not financial advise*



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