To summarize, silver is heavily manipulated and suppressed by bullion banks like JP Morgan and UBS, acting on behalf of central banks. The price of silver should be significantly higher than its current level. While this is infuriating from a moral standpoint, it also presents a once-in-a-lifetime opportunity for patient silver stackers to acquire the metal at artificially low prices before it breaks free from manipulation and soars—just as gold did one year ago.
Since I have stacked mostly Silver than Gold, if Silver ever hits a decent price. I will be worth an upper class title….LOL
I then can actually act like I’m retired, but staying busy, traveling and living a clean healthy life is what retirement is all about. Everyday Is A Saturday!
I’m Blessed and Highly Favored! God Be Given The Glory!
I hope you are right. I plan to be able to take four quarters and go to the market and buy two weeks’ worth of groceries. That is assuming the market has not been looted and burned to the ground.
Yes I expect my present silver worth $12,000 to soar to over $36,000 when the manipulation ends, maybe even $60,000.
Pity is that the price SOARING just means the dollar’s value plummeted.
Can you say Hyperinflation? Backed by the “Full faith and trust” of the US Government remember.
PM isn’t magic. 12K of Gold sold to day buys say 12K loaves of bread.
Guess what? History shows aside from short distortions of the market (MAINLY When Gov.com tries to-do Price Fixing) that NOW 60K of silver will buy about 12 K of loaves of bread.
Gov.com price fixing only guarantees that producers and stores soon Don’t have any stock to sell. Nobody’s going to sell something cheaper than it costs to make, transport and pay employees to sell it.
An interesting story just about when Trump was talking about AUDITING Ft Knox.
Some BIG FISH was buying PHYSICAL Gold regardless of the price going upward every hour.
One of many stories:
The End of Paper Gold? | GoldBroker.com
SNIP from February 25 This week, StoneX’s CEO sprang a surprise by declaring on Sky News Arabia that over 2,000 tons of gold had been transferred to the USA in the space of a few weeks.
Philip Smith warned of a persistent price discrepancy between gold futures in New York (COMEX) and the physical OTC market in London. This divergence, oscillating between $25 and $30 an ounce, impacts market efficiency and reflects a climate of uncertainty exacerbated by the Trump administration’s trade policies.
Odd how the Hothi’s SUDDENLY were Important after being a pain in the ass for a couple of years. When the magician’s doing something with his right hand do you look for the left hand?
I’m a patient silver stacker, slow and steady wins the race.