I’ll watch again. Lol at 5 million ounces. Throughout history not many countries could come up with 5 million ounces
I wonder if Elon owns a mine. He has been pumping silver lately
lol yeah pretty crazy. His current net worth is 1.1 billion. If silver really pops he may pass Elon as the richest man alive
Wouldn’t surprise me
If silver pops you could be the king of Kentucky and some small state next to it
lol I’d move to Hawaii
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Jews want to ban gold and Silver in Isreal!
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Fiddy five!
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Like I always said.
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I actually think that his predictions are very possible.
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I think gold and silver will go to the moon sooner than later. How can you print 1 trillion every 100 days and keep silver and gold from exploding. If will explode violently.
I think the Chinese and Russians will blow the commex and the lbma up when they are ready. They will stand to deliver and they will force majeure and settle in cash or cancel the trade like they did with nickel
You’re right and gold is exploding right now, silver will soon follow
Don’t forget how gold went from 35 to 850 really fast when gold traded freely. Gold and silver will soon be unchained from the paper manipulations of the commex and lbma pricing suppression and will see similar gains
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I’m out of the loop, how so?
Gold, silver and a lot of commodities have their price controlled by big banks doing the bidding of governments to suppress metals prices. If gold and silver explode in price it is bad for global currencies which are just printed. Some banks profit from the game by shorting metals heavily and forcing metal holders to sell low.
The problem arrises if too many people buy metal contracts and demand the metal instead of cash. There is maybe 10000x more contracts than metal in the vaults. One rich person could bust the banks himself because of the massive leverage banks are using.
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China is doing it as we speak because they want the new global metals market to go through Shanghai.
What about the they will soon be unchained part, speculation or news?
Speculation at this point but definitely pointing in that direction. Look at the move in gold since February. Things are changing fast.
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China is patient. They are making moves but slowly. They are using arbitrage to play the paper and physical markets to accumulate metals slowly without blowing the markets up. There will be a time when they feel they have enough and they will drop an A bomb on the markets.
I also believe that China has sleeper cells in our stock market. These are state run hedge funds and traders that are doing trading normally. When they get the word they will do something destructive like short a stick with massive leverage. They might wait for a correction on Apple and as it goes down they will massively short it popping circuit breakers. They will go broke but they don’t care, they just want to cause damage. Counter party risks cascade to a clusterfuck as all these sleeper cells make a coordinated attack.
I think the stock market tries to just cancel trades but it spooks investors who try to get out