iShares Silver Trust (SLV) Quote

Who truly believes these government data releases?

up strong today always green $SLV

U.S. labor market pulled back from the brink last week. Initial claims for state unemployment benefits fell by 17,000 claims to a seasonally adjusted 233,000 for the week ending August 3, the Labor Department announced. $SLV

Thanks again AlwaysRed

Doesn't matter. You said it yourself. Pslv and Slv act the same. There is a reason for that. Silver and Pslv prices are determined by SLV. SLV is the tool they use to control the silver market. It does not matter what quantity of physical silver there is. It does not matter how much physical demand for silver there is. It does not matter if physical silver runs out. (Which it won't) The price of silver is determined by SLV. There are endless digits to manipulate the price of SLV. There are more digits than there is physical silver. Digits are infinite. They will use this system to control the price of silver as long as there are digits.

Is it better to own PSLV as apposed to SLV. It seem to act the same. I thought PSLV is backed by actual gold and not just paper.

Bank of America forecasts a bullish trend for silver, anticipating an increase in prices through the latter half of 2024 into 2025. BOFA analysts project #silver prices to average $35/oz by 2026 - $SLV

Silver is supposed to be a hedge. However, the precious metals markets are manipulated. Gold and silver. They are both manipulated using the same technique.

The more of anything there is the less value it has.

SLV and GLD are used to manipulate the price of silver and gold.

If they want the price of silver to go down they create more SLV. When the price is allowed to rise they create less SLV.

When people buy SLV they are creating SLV (silver). The more demand there is for SLV the more SLV there is created. The More SLV there is the less value it has.

When the market crashes people pull their money from the market and buy SLV and GLD to hedge. However when the happens they are creating GLD and SLV. The more SLV and GLD that is created the less value if has. So the price of SLV and GLD go DOWN.

In combination with what I mention above, the bankers have an algorithm the links the price of SLV to a few things. The Dollar index, Oil, DJIA, NASDAQ, Dollar Interest rates.

I am not exactly sure how the algo works, but I am positive that it exists. Alan Greenspan created the first one. I am sure that it is much more sophisticated currently.

But the main manipulation tool is SLV and GLD.

That is why silver and gold are no longer a hedge against uncertainty. They are manipulated with SLV and GLD.

Look at all this SLV creation over the last 2 days:

https://www.cmegroup.com/markets/metals/precious/silver.volume.html

Same for gold:

https://www.cmegroup.com/markets/metals/precious/gold.volume.html

Compare that SLV and GLD creation with the price smashes over the last 2 days:

https://www.bullionvault.com/silver-price-chart.do

Why does silver and gold go down when the market goes down? I thought they were suppose to be a hedge against the market and the dollar.

Alwayred,


"Precious metals are really holding their value during the market collapse aren't they? I wonder why they are not....



From last two market crashes Silver followed the market down. I really want them to drop it like those two other times, will buy the crap out of physical and AGQ.

Precious metals are really holding their value during the market collapse aren't they? I wonder why they are not......

Hey look at this article. Someone that uses common sense:

https://www.thegatewaypundit.com/2024/08/no-africa-is-not-moving-toward-gold-backed/

Gonna get wild

1 day chart here folks:

https://www.marketwatch.com/investing/index/dxy?mod=home-page

https://www.bullionvault.com/silver-price-chart.do

You can see the dollar crash at 7:30/8:30. When the dollar crashes the metals are supposed to rise. And they do. Initially. There is a spike in the price of silver from 28.84 to 29.19. That is what was supposed to happen. Dollar falls, metals rise. It is what happens after that that should made people angry.

The dollar continued to slowly fall, however the metal manipulators kicked it in high gear with the digits and smashed the price of the metals. Silver from 29.19 down to 28.05 as of me writing.

Here it is again in gold:

https://www.bullionvault.com/gold-price-chart.do

The metals are manipulated using GLD and SLV. GLD and SLV ARE the metal markets. They have unlimited digits. It does not matter what the demand is for physical or how much physical there is. If there was NO physical they could still create the market using SLV and GLD. They have total control of the metal markets.

ANYBODY telling you otherwise is lying to you.

People should be in jail over this rigging

Hold on people the riggers are gonna work hard today

Here we go same time slam every day

Morning walk down

The only time you come out is when they smash it
I have a feeling you work for nefarious people

STOP listening to metal salesmen!

https://tradingeconomics.com/commodity/silver

"Still, a dismal industrial outlook and persistent demand concerns in top consumer China continued to weigh on market sentiment. Expectations that silver demand from the renewable energy sector would lead to a shortfall in the coming years have also largely been priced in by markets, leading investors to unwind long silver bets."

What does Dr. Copper have to say:

https://tradingeconomics.com/commodity/copper

"Copper futures fell to $4.1 per pound in late July, extending its recent sharp downturn to the lowest in nearly four months amid mounting demand concerns from top consumer China. The Chinese government refrained from passing stimulus to target the aggressive slowdown in the world’s largest manufacturing sector, and reiterated its priority to steer the economy away from construction and industry to specialize in advanced technologies and new energies. The lack of economic support drove markets to sell off assets and base metals contracts, forcing the PBoC to deliver extraordinary rate cuts. The developments followed concerning factory activity data, with the domestically-focused NBS manufacturing PMI contracting for a second month in June, driving smelters and broader factories to rely on foreign demand for growth, as signaled by the 187% annual surge in copper exports in the period. Consequently, threats of trade barriers from the US and Europe magnified the bearish momentum."

I thought the metal salesmen said that what was happening in copper (Copper squeeze) was going to happen in silver. LOL It didn't even happen in copper. Why aren't the metal salesmen talking about copper now? Where ya at metal salesmen?

One of these decades reality will set in for ya. Now sure which one. You seem to be a very slow learner.

There is no lack of physical demand so I’m not sure what you’re talking about

"They will continue the charade until they can’t"

They can continue the charade as long as there are digits. How many digits are there? That is how long they can continue the charade.....

https://www.cmegroup.com/markets/metals/precious/silver.volume.html

25 contracts yet to deliver for July. 25x5000=125,000 ounces x 27.58 = $3,447,500 yet to deliver for July. I am sure they leave the actual physical for last.

https://www.bullionvault.com/silver-price-chart.do

They got it down to 27.32 this morning so they can fill physical deliveries.

Next delivery schedule is Sept. Due to lack of physical demand they are already moving deliveries to Dec.

Looks to me like the new channel is going to be between 27 and 32. And I will be happy to play that gap. Could be as low as 26. I guess we'll see. But over the last 3 months we have been given a hint at the new channel.

Silver Video



Didnt work, sorry about that, can't get it to load.

They will continue the charade until they can’t

Pretty good slam down...





How low will it go I wonder.

Let the rigging begin

Yup. Above 30........

Physical Silver Spot consolidates above $30 an oz: rate cut hopes, ETF inflows fuel rally

$SLV bullish technical charts as Fed Chairman Powell speaks at Economic Club of Washington as markets look to confirm September rate cut

$SLV $50 coming U.S. inflation report that suggests the Federal Reserve will cut interest rates sooner rather than later. $SLV $PSLV

Could know by Thursday if the feds will cut rates.

Count

Central bank demand
Central banks in emerging markets have been buying record amounts of gold in recent years, including over a thousand tons in 2024.
Federal Reserve interest rates
If the Federal Reserve cuts interest rates, it could encourage non-commercial demand for gold, which could help it reach $3,000 per ounce. $SLV

SLV WEEEEEEEEEEEEEEEE

Good article !

Count

Robust industrial demand and constraints in the supply chain drive the possibility of a silver shortage. Economic policies and macroeconomic conditions are influencing the supply and value of silver. A shortage in silver could have far-reaching implications for global economic growth and green energy initiatives. https://accuratepmr.com/blog/silver-demand-potential-deficit/#:~:text=Robust%20industrial%20demand%20and%20constraints,growth%20and%20green%20energy%20initiatives. $SLV

Princess,




I guess they saving the slam for another day.

Waiting for the slam this morning

Yes and also events taking place around the world. So much going on. MSN is not talking about any of it. They don't want us to know what's going on.
They want us on the mushroom plan, in the dark!
But if you dig just a little bit you can find some pretty interesting nuggets.

Count

What I see is the cabal let the price of silver run from 25 to 30. And that is it.

The metal salesmen said that this was it and silver was going to 50 or 100 or 1000. And here we sit at 29.

Now look. I'm happy with 29. I'd be happier with 50. I'm always happy when they give me a raise.

But what I see is a metal that is finding a new level around the 30 dollar range. So perhaps we see a new bottom around 28-29 prior to deliveries with a top around 35. And that could be the levels they allow it to be for the next 5 years.

As I said before, after they allow the price to rise, like they just did, I wait for a few cycles to see where they allow it to settle.

My guess is 28-35 level. All we can do is watch the trend. Ne er trust a metal salesman. Just understand what the charts are telling you. Watch every delivery month and watch what the price does.

I certainly don't consider a move from 25 to 30 them allowing the price of silver to "Run." They have total control of the markets.

Pack10,


" Remember, this administration can't let inflation run. Not good in an election year."


Question is what is "run" ? I didn't think it would go where it is now but it did.

I got out of my ZSL not too long ago, so I guess a drop would make sense now, but the contracts are basically nothing going into July.

If i understand this crazy system contracts can just develop. July could be an extremely busy month for all metals. Remember, this administration can't let inflation run. Not good in an election year.

You're bones are correct. Something is in the wind, but maybe not what you think it is. Just keep watching the political news.

Alwaysred





I',m watching the contracts what are your thoughts ? It's under 2000 for July, are they going let silver move for a while ?

Pack10,



They got it under 2000..


https://www.cmegroup.com/markets/metals/precious/silver.volume.html


They did show some deliveries for July

I can feel it in my bones!
Something big is about to break. For the last 3-4 weeks the markets all across the board........ from the Dow, oil and gas, presious metals , even crypto's have remained basically stagnant, not moving much up or down, just kind of like in a holding pattern.
Just a hunch I have but pay attention to next week or so. I haven't read anything or seen anyone talk about anything on a video that leads me to believe something is up . It's just my own observations and opinion.
We shall see !

Count

Pack10,



They got it down to under 6,000, just moving them further out I guess, no need for deliveries for July ?


https://www.cmegroup.com/markets/metals/precious/silver.volume.html

Pack10,



Another big drop looking likely going hit July without any, have to see how next two days show. What do you think ?


https://www.cmegroup.com/markets/metals/precious/silver.volume.html

Banks getting out of their shorts

Another big drop





https://www.cmegroup.com/markets/metals/precious/silver.volume.html


I wonder if we will have any deliveries in July ?

I'll add a little something to what you're getting at. How about this administrations attempt to reduce inflation??

I mean, if they were to let silver float with no manipulation then who knows how high it could go. But the inflation reduction act is
what is keeping the manipulators in force. I can't imagine any metals being able to be free range. that would not be good for this administration
in an election year.

All you metal bulls, THINK ABOUT IT!!!! One never hears about that angle.

Disinformation:

Deliberate use of lies to manipulate people
Disinformation is the deliberate use of lies to manipulate people, whether to extract profit or to advance a political agenda. Its unwitting accomplice, misinformation, is spread by unknowing dupes who repeat lies they believe to be true. Disinformation has emerged as a weapon to strategically influence public opinion and shape legislative agendas2. The distinction between misinformation and disinformation lies in intent — misinformation is inaccurate information, whereas disinformation is deliberately crafted falsehoods aimed at misleading. Disinformation can take many forms, from edited "deepfake" videos made on smartphones to vast foreign-led information operations.

https://en.wikipedia.org/wiki/Disinformation

"We'll know our disinformation program is complete when everything the American public believes is false."-William J. Casey, CIA Director

https://archive.org/details/cia-director-william-casey-disinformation-program-quote-soruce

How do these things get reported in the press? Who controls what you hear? How did your truths become self evident?"

Do our politicians use disinformation?

Lets hear:

https://www.c-span.org/video/?c4785397/user-clip-pelosi-explains-the-wrap-smear

Who puts the metal information in the press? Who spreads the information? For what purpose/gain?

How do you determine your reality? Who do you trust? How many years of lies do you have to endure before the truth becomes self evident? Does it ever?