JP Morgan hits 550m oz of Silver why? Expect over $1,000 an oz that is why..!!
SILVER at $1,000oz..!!
Credit: Silver The Antidote
Ever wondered how the Silver Market has been so heavily manipulated since 2008, watch this..!!
This is a great video and all credit to Silver The Antidote for the content in the video.
The sheer amount of Paper Short Contracts that are weighing down on the Physical Price is simply jaw dropping and is now beginning to stand out more than ever.
Precious Metal prices, especially GOLD and SILVER, have been heavily manipulated since 2008 to mask the real problems of the Financial System.
However this cannot be hidden anymore.
These are serious and challenging Global Financial times that we are in and it is this heavily distorted and manipulated price discovery that is making a bad situation, a real bad situation.
I am sticking firmly with my price target for 2021..!!
GOLD = $27,000oz
SILVER = $700oz
Thanks for reading.
Stephen
Gold and silver (especially silver) are expected to make a move shortly after BTC is near parity with gold.
BTC is showing that an unregulated (uncontrolled) commodity is in demand by people around the world. My speculation is that BTC reaching parity with gold will break the back of the manipulators and shatter the price controls they hold over silver and gold.
Your price target for 2021 is reasonable.
Upvoted and resteemed,
Mike
Thanks Mike. Shared your reply on twitter. Hope you don't mind. Stephen
Stephen,
Feel free to share any of my comments/insights on any platform. The STEEM blockchain is totally transparent. I realize anything I share and do here on SteemIt is available for the world to see.
I will say, it is an honor that you shared my comment on Twitter. Thank you!
Steem on,
Mike
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$1000/oz. SILVER ?!!!...
You know what?
I like your numbers...
A LOT!
Thanks. I appreciate it. Stephen
Looking forward to bringing a few more followers over from twitter to STEEMIT in the New Year..!! Stephen