iShares Silver Trust (SLV) Options

Let the rigging begin

Yup. Above 30........

Physical Silver Spot consolidates above $30 an oz: rate cut hopes, ETF inflows fuel rally

$SLV bullish technical charts as Fed Chairman Powell speaks at Economic Club of Washington as markets look to confirm September rate cut

$SLV $50 coming U.S. inflation report that suggests the Federal Reserve will cut interest rates sooner rather than later. $SLV $PSLV

Could know by Thursday if the feds will cut rates.

Count

Central bank demand
Central banks in emerging markets have been buying record amounts of gold in recent years, including over a thousand tons in 2024.
Federal Reserve interest rates
If the Federal Reserve cuts interest rates, it could encourage non-commercial demand for gold, which could help it reach $3,000 per ounce. $SLV

SLV WEEEEEEEEEEEEEEEE

Good article !

Count

Robust industrial demand and constraints in the supply chain drive the possibility of a silver shortage. Economic policies and macroeconomic conditions are influencing the supply and value of silver. A shortage in silver could have far-reaching implications for global economic growth and green energy initiatives. https://accuratepmr.com/blog/silver-demand-potential-deficit/#:~:text=Robust%20industrial%20demand%20and%20constraints,growth%20and%20green%20energy%20initiatives. $SLV

Princess,




I guess they saving the slam for another day.

Waiting for the slam this morning

Yes and also events taking place around the world. So much going on. MSN is not talking about any of it. They don't want us to know what's going on.
They want us on the mushroom plan, in the dark!
But if you dig just a little bit you can find some pretty interesting nuggets.

Count

What I see is the cabal let the price of silver run from 25 to 30. And that is it.

The metal salesmen said that this was it and silver was going to 50 or 100 or 1000. And here we sit at 29.

Now look. I'm happy with 29. I'd be happier with 50. I'm always happy when they give me a raise.

But what I see is a metal that is finding a new level around the 30 dollar range. So perhaps we see a new bottom around 28-29 prior to deliveries with a top around 35. And that could be the levels they allow it to be for the next 5 years.

As I said before, after they allow the price to rise, like they just did, I wait for a few cycles to see where they allow it to settle.

My guess is 28-35 level. All we can do is watch the trend. Ne er trust a metal salesman. Just understand what the charts are telling you. Watch every delivery month and watch what the price does.

I certainly don't consider a move from 25 to 30 them allowing the price of silver to "Run." They have total control of the markets.

Pack10,


" Remember, this administration can't let inflation run. Not good in an election year."


Question is what is "run" ? I didn't think it would go where it is now but it did.

I got out of my ZSL not too long ago, so I guess a drop would make sense now, but the contracts are basically nothing going into July.

If i understand this crazy system contracts can just develop. July could be an extremely busy month for all metals. Remember, this administration can't let inflation run. Not good in an election year.

You're bones are correct. Something is in the wind, but maybe not what you think it is. Just keep watching the political news.

Alwaysred





I',m watching the contracts what are your thoughts ? It's under 2000 for July, are they going let silver move for a while ?

Pack10,



They got it under 2000..


https://www.cmegroup.com/markets/metals/precious/silver.volume.html


They did show some deliveries for July

I can feel it in my bones!
Something big is about to break. For the last 3-4 weeks the markets all across the board........ from the Dow, oil and gas, presious metals , even crypto's have remained basically stagnant, not moving much up or down, just kind of like in a holding pattern.
Just a hunch I have but pay attention to next week or so. I haven't read anything or seen anyone talk about anything on a video that leads me to believe something is up . It's just my own observations and opinion.
We shall see !

Count

Pack10,



They got it down to under 6,000, just moving them further out I guess, no need for deliveries for July ?


https://www.cmegroup.com/markets/metals/precious/silver.volume.html

Pack10,



Another big drop looking likely going hit July without any, have to see how next two days show. What do you think ?


https://www.cmegroup.com/markets/metals/precious/silver.volume.html

Banks getting out of their shorts

Another big drop





https://www.cmegroup.com/markets/metals/precious/silver.volume.html


I wonder if we will have any deliveries in July ?

I'll add a little something to what you're getting at. How about this administrations attempt to reduce inflation??

I mean, if they were to let silver float with no manipulation then who knows how high it could go. But the inflation reduction act is
what is keeping the manipulators in force. I can't imagine any metals being able to be free range. that would not be good for this administration
in an election year.

All you metal bulls, THINK ABOUT IT!!!! One never hears about that angle.

Disinformation:

Deliberate use of lies to manipulate people
Disinformation is the deliberate use of lies to manipulate people, whether to extract profit or to advance a political agenda. Its unwitting accomplice, misinformation, is spread by unknowing dupes who repeat lies they believe to be true. Disinformation has emerged as a weapon to strategically influence public opinion and shape legislative agendas2. The distinction between misinformation and disinformation lies in intent — misinformation is inaccurate information, whereas disinformation is deliberately crafted falsehoods aimed at misleading. Disinformation can take many forms, from edited "deepfake" videos made on smartphones to vast foreign-led information operations.

https://en.wikipedia.org/wiki/Disinformation

"We'll know our disinformation program is complete when everything the American public believes is false."-William J. Casey, CIA Director

https://archive.org/details/cia-director-william-casey-disinformation-program-quote-soruce

How do these things get reported in the press? Who controls what you hear? How did your truths become self evident?"

Do our politicians use disinformation?

Lets hear:

https://www.c-span.org/video/?c4785397/user-clip-pelosi-explains-the-wrap-smear

Who puts the metal information in the press? Who spreads the information? For what purpose/gain?

How do you determine your reality? Who do you trust? How many years of lies do you have to endure before the truth becomes self evident? Does it ever?

Pack10,


Moving them further out...


https://www.cmegroup.com/markets/metals/precious/silver.volume.html


I get emails from all the ones I have bought from, daily it seems. I bought some around 4-5 in the evening at the end of last week at one place and I swear it was mailed off in about 1 hour....usually it's the next day....how busy can they be ?

Price holding up well....

I don't know about you but I am getting many e-mails to buy silver. One e-mail has a 10 oz bar for free when purchasing a mini silver dollar box.

Just thought I'd let you know how bad they want to sell physical.

always interesting, and fun at the same time

LATER!!

https://dailyhodl.com/2024/06/22/jpmorgan-chase-bank-of-america-and-citibank-flagged-for-holding-trillions-of-dollars-in-derivatives-without-proper-contingency-plans/amp/

pay up suckers

Count

Dropping some more...





https://www.cmegroup.com/markets/metals/precious/silver.volume.html

Looks like we could be heading into July without needing deliveries if this continues....

Is demand that slow ? Have to see how next week does.

AlwyasRed,





Going be interesting how the next 10 days go.....still around 70,000 contracts, unless we start seeing huge 10,000 moves/day it seems we will have a decent amount of contracts into July and around $30/ ounce is pretty high compared to 1 year ago...

https://www.cmegroup.com/markets/metals/precious/silver.volume.html

Bank of America $BAC remains bullish on silver, sees $35 an ounce by 2026 ( 1.5 years away) Jump of $6.00 per oz #Silver #Silversqueeze is coming $SLV $PSLV

The silver institute is corrupt

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174608733

The silver Institute says there’s a shortage

The same metal salesmen and miners that report we are having a shortage. Yeah. Thought so. Why aren't they talking about all the metal in the ground unmined?

You can't use metal salesmen as your source. LOL.

Don't you think it is in their interest to profit and sell metal?

What agenda do you think I have? To protect people from lies and a scam that has been perpetrated for decades?

The people that create the metal and sell it told me that there isn't much of it and I should buy it! LOL It's running out they say. So I buy it. Who'd you buy it from? The people that mine it. Why? The people that mine it told me it's running out and I'll make money. LOL

Never heard of that idea before.

Amen brother well said

Where'd you get that out of ground ratio from?

That bothers you doesn't it ? ALL the miners are reporting the same thing!
All the miners are crooks right ?
All the analyst who have been covering this for YEARS are crooks right ?
I'm not going to waste my time listing all the sources I rely on just so some random poster can tell me they are crooks.
Everybody who doesn't align with your agenda are CROOKS right ?
You claim you lost money in silver. Get over it already. I could sell right now and make a nice profit but I choose not to. My choice. If silver goes back to sub $ 20, it was my choice. I'd still be happy with that decision because I have a pretty good feeling what's going on here. I wasn't brought up in the micro society where you expect things to happen right now !
Silver and gold are wealth, plain and simple. Has been for thousands of years and will continue to be !


Does anyone remember during the Iraq war.............the Iraqi general who was being interviewed by the media..............he was standing inside a building with a plate glass window behind him and he was declaring to the world " no American solders are inside Iraqi territory while a US tank goes rolling by the window ?

Ya , sorta like that !

Again, we'll just have to agree to disagree.

Count

Seems to be a problem.

https://disb.dc.gov/page/beware-precious-metal-scams#:~:text=The%20scam%20is%20perpetrated%20by%20unprofessional%20dealers%20who,purchase%20coins%20with%20high%20markups%20and%20low%20liquidity.

"How Precious Metal Scams Work"

Scammers who perpetrate precious metal scams:

"Create a false sense of urgency by claiming that metals are in limited supply"

"Many victims believe precious metals are safer to own than stocks or other investment types. In 2022, the Federal Bureau of Investigation reported that District of Columbia victims lost $6,902,545 to investment fraud; this fraud included precious metal scams."

https://www.cftc.gov/LearnAndProtect/AdvisoriesAndArticles/fraudadv_preciousmetals.html

"Made by people who call themselves “metals dealers” or “merchants”"

Where'd you get that out of ground ratio from?

I bet I know.

I'm certain that you didn't physically go and mine metals out of the ground and recognize the ratio. You had to take somebody's word. Where did that rumor originate? And where did Gregory Mannirino get that information? Was it a miner? A metal salesman? And what do they do? Sell metal.

I heard it from Sprott! He's honest. He's a billionaire. How'd that happen?

That would be wonderful! I'd take that !
Throw in the fact of the deficit we've had in silver over the last 4 years and then couple that with 30 % of the worlds supply possibly being taken out of the equation if Mexico decides to keep Mexico's assets in Mexico, you could probably more than quadruple that estimate !
Not to mention silver is coming out of the ground at a ratio of 7 - 1 compared to gold when for years and years it was 16 - 1 .
Also like the fact that the Shanghai exchange spot on silver averages 3 - 4 dollars higher than the comex.
Don't you just know China is making bank on buying silver here at $ 29 and selling it over there for $ 33 !
What a deal !

Count

The point is not to compare numbers. The point was to show that the silver institute is corrupt and has been infiltrated.

The Fed and the Treasury are run and operated by bankers. The scam known as the silver institute is run by bankers and crooked mine owners.

They use the silver institute to control the price of the silver market and dupe unsuspecting victims......Like yourself.

Of course the readers that follow this board and my posts understand that. They have been following along. recognizing the corruption is the first step. Understanding the system is next. The bankers are in total control of all the worlds economies, markets and currencies. They own all the metals and the metal markets. And all the metal pricing mechanisms. In all countries.

Silver bullion precious metals long-term outlook through 2030 is moderately optimistic, with prices expected to potentially reaching up to an average price of $337.82 by 2030.

https://www.axi.com/int/blog/education/commodities/silver-price-forecasts $SLV

Bix Weir. Rest in piece Ted Butler!



Count

Here is an interesting video for anyone who is interested in Brics and what is happening to our country.
No body is selling anything, just an honest discussion.



Count

Thank you for making my point!! The deficit is actually worse than what they are admitting!
Did you know the silver institute does not count how much silver the military industrial complex uses each year?
That's right, they don't include that in their numbers. Must be in the millions of ounces.
Somebody should take a indebt look into that. We only know how much silver is in the tip of each tomahawk cruise missile.
Who knows where else they use silver?

Count

Facepalm.

https://thesilverindustry.substack.com/p/top-2-silver-institute-executives

"Bateman also Deputy Treasurer of the United States (US Dept. of Treasury)"
"His role as Deputy Treasurer? US Mint and US Savings Bonds"
"On Monday, February 19th, Silver Miner shareholders demand an investigation. The Right Questions are being asked RE The Silver Institute's deceptive acts of fraud, price rigging, and market interference? (costing Silver investors and mining underinvestment north of trillion dollars)"

https://thesilverindustry.substack.com/p/furious-stackers-demand-answers-after

"The purpose of this article is to document that in the past 20 years, everyone who has invested in Silver has been deceived and misled by The Silver Institute. "
"Stack your Silver no matter the fake spot price: Stackers are expected to serve the community by stacking Silver in our #SilverSqueeze movement. In the times when Silver goes up, we cheer. We buy more at bargain prices when silver pricing is smashed down (by The Silver Institute, CFTC, the Crimex, Gov officials, and bankers)."

https://thesilverindustry.substack.com/p/the-disturbing-link-between-the-silver

"Paul Bateman was an assistant to Richard Nixon" You know, the guy that ended the gold standard in '71

https://en.wikipedia.org/wiki/Nixon_shock#:~:text=Nixon%20directed%20Treasury%20Secretary%20Connally%20to%20suspend%2C%20with,could%20no%20longer%20exchange%20their%20dollars%20for%20gold.

"The fraud is evident in the Silver Institute's reports. They change historical numbers to make their current numbers look better.":

https://www.reddit.com/r/SilverDegenClub/comments/1ccx7nj/bix_weir_says_the_fraud_is_evident_in_the_silver/

https://www.reddit.com/r/OccupySilver/comments/1c7byuj/silver_alert_historical_data_changes_in_new_2024/

https://www.reddit.com/r/OccupySilver/comments/1c6g3r9/silver_red_alert_2024_world_silver_survey_is_fake/

https://thesilverindustry.substack.com/p/investigative-report-more-evidence

"The Silver Institute is part of this Deep State, and a new video emerges describing how they are aligned with Deep State actors like the Federal Reserve and Dept of Treasury and how they posed as precious metals advocates while doing the opposite. "

That was an excellent video.......thanks for recommending it !
After the first few minutes I remembered I had seen it before. Hell I might have even watched it live back in 1980.
Is Doug Casey still alive? I thought he came across a little snobbish and his young appearance meant the audience didn't appear to take him too seriously but everything he talked about was pretty much spot on in my opinion .
Doug's problem is he was about 50 years before his time. Everything he talked about in 1980 is being rehashed today by everyone. He even mentioned towards the end of the video that he believes silver will surpass gold .............50 years down the road, which would take us to 2030.
He predicted the stock market going to 3000 which everyone thought was crazy back then. I think he predicted gold going to 3000 something.......hasn't happened yet but could.
Donahue was his normal condescending self but I managed to get through the whole video.
Thanks for recommending it !

Count

Silver institute, where else?
https://www.silverinstitute.org/silver-supply-demand/
2021 supply = 1,004.3
demand = 1,099.6
2022 supply = 1,015.4
demand = 1,278.9
2023 supply = 1,010.7
demand = 1,195.0
2024 up to this point supply = 1,003.8
demand = 1,219.1

And it's accelerating with India building solar farms the size of New York.
Why do you think , who was it , Janet Yellen? went over to China a few months ago and told them to stop building so many solar panels?
Silver is the key to everything!
I'm off now to watch your video.............let me say this before I do. Economist have been warning since at least the 80's how we have been kicking the can down the road year after year and how there is going to be a price to pay when it all comes crashing down. These are not (metal salesmen). Are you prepared to argue the country doesn't have a deficit too ?
I answered your question now you answer mine!
What is it about the economy that you like?
If you are concerned, what are you doing to protect your money?
If you're not concerned then I'll assume you are not doing anything, that's okay.

Count

Where did you get those deficit numbers from?

I unlike you, will gladly watch this video this afternoon when I have more time.
I don't assume I know everything there is to know.
You on the other hand won't be watching the video I brought to the board.............that's okay.
While I'm watching your video, check into the deficit silver has had for the last few years and will continue to have.
Also did you know Mexico supplies 30 percent of the worlds silver? Check into Mexico's new president and how she wants to keep Mexico's resources in Mexico and shut down any new silver mines.

Count