this week when those numbers come out. Its just a big manipulated game people. Every month near the end of the month and employment numbers time.
So you are implying the crooks naked shorted the shares (unbacked) to suppress the price and never intended on covering with physical metal
Well when you have a physically backed ETF to cover shares shorted you need to buy physical metal. The reason they short the shares is because the metal is not available when shares are bought. Thank is how they manipulated SLV. When it comes available they purchase the metal and reduce the short position. This is why many point out its illegal to short a physically back fund when you don't own the metal.
How is it possible the crooks buy 7 million ounces of physical and the price drops $2.50 over those two weeks. These is concrete evidence how the paper manipulation works in the futures market or there is a glut of silver.
As explained already today was a perfect example of capping by shorting and knocked .50 back off silver. People the crooks always win in the end.
Everybody this the past two weeks.
Yes AG is a well run company and I like the CEO. One main reason as he does acknowledge the manipulation in the futures markets. I am not on board with miners increasing production at a loss to generate revenue. However it does appear AG can increase production and reduce costs.
Ideal nothing wrong with monthly purchases or weekly for that matter. I just know the best time to buy PM is between July and end of October, that's the time to costs average. Hey watch the smash fest through today and the rest of the week in the paper markets with option expiry and the fed speaking, Monday probably also. Its truly amazing how its like clockwork the last four years at the end of each month.
For investors to see how the crooks hammer the metals every end of month and double whammy when the fed speaks. If you must buy physical wait til late Sunday night and then again Monday around 1:30 EST.
First majestic just to number one had a all in cost at $17.71 for 2014 and indicated that will drop substantially in 2015. Not to mention they also increased production. So when silver gets back to $10-$12 miners may have the worst case scenario of break even. At plus $15 silver they could be doing very well.
Well pretty much can see the manipulation as clear as day. You see how the crooks have total control over the price and they never let it run. The shorts made good money today shorting above $15.80.
Ideal I agree the more people buying the better it is for all silver investors. As currently it is a small part of the total investment community. Simple math tells one if you just take 250,000 silver investors worldwide buying 100 oz per month on average. That's 25 million ounces a month, the system could not handle that sort of physical buying for many months. Price action and the availability of physical tells us we are not at the point. Worldwide mint sales are probably around 100 million. what others sales are from bars and rounds. who knows. I would guess investment demand around 160-180 million.
rally with constant shorting and HFT algos. Now they got it going the other way down .20 in about a hour. Damage is done and silver will likely keep trending down the remainder of the day. Not to mention the miners are getting whacked so we know whats the agenda for silver tomorrow. Very possibly it cracks sub $16 seeing what today's trading looks like in the miners
Don't expect them to make that mistake again when they push it down to $12. So according to you we have another 11 years of sub $15 silver, which is fine.
Apparently you are looking at different charts then everyone else. Silver is down from $50 to $15 in almost 4 years and $2.50 almost in the last month. Considering silver was the best performing asset starting 2015 and now is close to negative for the year. I would say the crooks have a pretty good handle on pushing prices lower.
The problem is they always win the game by shorting. Its almost like you know the outcome of the game before getting started.
Not really when one looks at the correlation between a high commercial paper short position in the futures markets, as is the current structure. The drop from its peak or capping through constant shorting is around $5-$7. The current cap price was just shy of its 200 day MA around $18.50 take 5-7 from that and you have your price range of 10-12. Its really not that hard to predict prices out 2-4 months when the short position keeps growing. Or for that matter look at charts to see where the crooks will cap any rally with shorting, HFT and CME crooked games. The problem is the crooks have so many tools in their box its pretty close to a fight we can't win.