A Reason to Own Silver

in Silver Gold Stackers5 years ago (edited)

There's a lot of theories circulating about silver with the inflow moving to silver ETFs.

With large SLV and the large ETFs alone, there were 110M ounces deposited and recorded in the recent three days.

It didn't come from a sudden burst of new mining or recycling where the total production is about 2 - 2.5 million ounces per day. It certainly did not come from new production!

How are they sourcing the silver?

Where did the silver come from?

It came for existing silver inventories. There's no question about that.

But the big question is: by what mechanism did they release and capture this amount of silver that is already existing in the warehouses?

How did it come to the market? Where did it come from? Where did they find it?

Could it be...

Could it have been leased by one party to the authorized participants of the SLV? Then the participants deposited these silver to meet the buying interest in the SLV. That one party would have to be JP Morgan, as it is the only one that controls this much of silver.

But leasing is a form of short-selling so essentially the silver came in as a form of a short-sale which means it has to be paid back one day.

The only other alternative is that JP Morgan just sold it outright (the only conceivable way it can come to the market).

No matter how the silver came to market, the sellers may be doing something highly corrupt.

The law of supply and demand

If all of a sudden there is a tremendous surge in demand and no obvious increase in supply, then the price of silver must explode! The fact that the price of silver didn't means there is silver manipulation happening here.

The best reason to own the metal

This silver manipulation is actually the best reason to own the metal.

According to precious metals expert Ted Butler: "There are two kinds of manipulation: upside and downside. When the market is manipulated up, the last thing you want to do is buy it. When the market that is manipulated downside is exactly the opposite, the price is artificially low, which makes it the best reason to own silver... we know from history that manipulations have to end one day."

Once that happens, he asserts, we could see the silver price "headed to the heavens."



I am not a financial adviser. This article is not meant to be financial advice. My articles on cryptos and precious metals share my personal opinion, experiences, and general information on cryptos precious metals.

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@silversaver888


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This original article of @silversaver888 was first published here.
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I'm buying all day long... Everything physical I can find! Trouble is, it's all drying up, I can't find physical silver anywhere around where I live...

Let them manipulate the markets, it just coils the spring up even more, so when it does finally bounce, its going through the roof. We'll that's just my thoughts on it anyway.

Yeah, it's harder and harder.
I'm buying gold too!

Very wise words @silversaver888, that's why we need to "Hold silver to own Silver!😍😍😀

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