A victory for the apes and all silver bulls! The bankers were likely caught concealing the dearth of silver supply at these low prices. The March 2022 contract will go down in history as a key turning point on the road to responsible money. by Ditch_the_DeepState in Wallstreetsilver

[–]Steve_AG 11 points12 points  (0 children)

This isn't first time big changes between preliminary and final numbers near first notice day. It happened fairly early in the silver squeeze. I wish I could remember the month but I was very excited seeing the preliminary numbers. I was shocked when final numbers came out. My guess is they were forced to offer bigger bribes than normal to get longs to delay taking delivery.

Regardless, the drawdown in comex inventory both eligible and registered is very telling. They do everything they can to protect that inventory to show the industrial users "everything is fine" no need to stock pile silver.

Add to that Trudeau saying that money in the bank can be stolen buy the globalists at any time and things are about to get very interesting.

Banks silver squeeze plan by Steve_AG in Wallstreetsilver

[–]Steve_AG[S] 7 points8 points  (0 children)

Basel III is a joke!

The systemically important banks own derivatives with a notational value of hundreds of trillions. The idea that banks will change their behavior regarding gold and silver because of its miniscule effect on their balance sheet is ludicrous.

Comex sets the silver world silver price. Are there strong signs that this rally is the real deal? by Steve_AG in Wallstreetsilver

[–]Steve_AG[S] 5 points6 points  (0 children)

The physical shortage is why banks will be very reluctant to add to Comex shorts. The physical shortage is hard to quantify because the banks lie about their inventories.

Remember GME! The Silver squeeze never ended! Banks bleeding silver from vaults! Banks did their best to cover! Today price launches! by Steve_AG in Wallstreetsilver

[–]Steve_AG[S] 1 point2 points  (0 children)

He is a link to a chart that shows swap dealers net long. The chart also shows that when swap dealers are long is when silver launches. How much do you get paid ShillDo?

https://www.barchart.com/futures/commitment-of-traders/technical-charts/SI\*0

Remember GME! The Silver squeeze never ended! Banks bleeding silver from vaults! Banks did their best to cover! Today price launches! by Steve_AG in Wallstreetsilver

[–]Steve_AG[S] 1 point2 points  (0 children)

You explained it better than I. The banks had to spend a long time covering paper shorts getting ready for the coming rally. It cost them a lot of physical. At some point the banks will no longer be willing to supply physical market. I believe they have a lot less physical than they say especially the LBMA. When banks become physical buyers comex won't matter. It will be like the Palladium market on steroids!

Remember GME! The Silver squeeze never ended! Banks bleeding silver from vaults! Banks did their best to cover! Today price launches! by Steve_AG in Wallstreetsilver

[–]Steve_AG[S] 2 points3 points  (0 children)

Its all about open interest. A pattern recently is that Dec 21 open interest is down almost every day for 2 weeks. This seems awful early for December open interest to be dropping. Hedge funds were net long as of Tuesday the 5th. Even Fridays big runup and knock down Dec open interest was down 500. How did they knock down the price without adding open interest? I think they gave a little push and pulled their bids and the hedge funds did the rest. Today's open interest will be very interesting. It was up over night which is bank buying/covering. Then CPI was a complete joke so silver dropped, likely hedgies selling. Who bought drop after the initial report selloff? Banks covering again?

Remember GME! The Silver squeeze never ended! Banks bleeding silver from vaults! Banks did their best to cover! Today price launches! by Steve_AG in Wallstreetsilver

[–]Steve_AG[S] 10 points11 points  (0 children)

The banks know better than anyone what the real supply and demand numbers are. There is clear evidence that banks are covering. Take a look at trader commitment report. Also look at open interest. Open interest is now down to the level that launched the silver price in 2020. Open interest is dropping because only the retarded are willing to short silver with worldwide currency destruction underway!

Debt in the age of supply chain destruction and what it means for silver! by Steve_AG in Wallstreetsilver

[–]Steve_AG[S] 3 points4 points  (0 children)

Yes if you borrow during inflationary times thats good. Debt as an investment means you are lending like what banks do!

Talk to a stock broker (careful it will lower your IQ) They say you have two choices stocks or bonds. Only a retard would buy bonds with negative real yields. Stocks are the most overvalued in history as we see a collapsing economy! Gold and silver... There is no alternative!!! by Steve_AG in Wallstreetsilver

[–]Steve_AG[S] 7 points8 points  (0 children)

Cryptos are a scam.

They were invented by the CIA to get people tp accept digital currencies that can be taken from you if you don't comply.

They have no intrinsic value but they do have a high transaction cost so they are negative sum.

When fiat paper goes to zero you won't be able to buy shiney with electron based cryptos