I was interested in silver but I read that it is heavily manipulated... oversold and basically printed like the USD is; to a much lesser degree. Dunno if any of it is true; its just what I read. Can anyone else shed some light on this? Obviously this isn't true to a tangible good such as a bar or ingot but to the stock form that is supposed to be tethered to actual silver.
Yes it is the ( slv ) and ( gld) for gold is so big banks buy or sell big amounts of that witch affects the price. Just think $18 to mine 1 oz of silver why would anyone mine it... but the thinking is they cant do it for ever and only when they lose control the price will go up.
Don'tknow if and when it will happen, but during a market crash prices to go up. So iam backing myself up if everything satys the same i ok and will keep buying $40 a week.
Almost everything thing is manipulated . We still buy diamonds and we can make diamonds but i hear you
agreed it would take something big to really move slv and/or gld. Cryptocurrency just ran into a tough hurdle with China banning all new coins into their exchanges which shook things up a bit. All the world conflict and the Rothchilds selling US assets.... THAT something big may come. You have the right mindset.