Silver goes ballistic and shakes the financial system

[Miracle]

In the first 4 days of December 60% of the physical ounces had to be delivered, leaving very little left to settle the remaining contracts.

Who requested delivery of 60% of physical silver ounces from the COMEX in 4 days? Is this not a clear sign that the PTB are causing this silver run? If so, who benefits and what are they trying to achieve?

If the PTB have been successfully suppressing the price of silver for nearly a century with an iron fist, I doubt that they all of a sudden lost control even if supply and demand have gone upside-down. I'm no market expert, but this surge in silver does not give me the warm and fuzzies.

 

[dennis]

With demand exceeding supply it will require a retrenchment in its projected use in products, many uses are part of the globalist/NWO agenda like EV's, solar power, AI computers and war missiles. A rationing or triage scheme may be necessary.

Here is a chart showing Supply and demand. 2021 was the year supply deficits began.

SILVER SUPPLY & DEMAND - The Silver Institute

The Silver Institute provides leading research on silver supply and demand, including current and yearly data on silver demand, pricing, and production.

silverinstitute.org

 

[Matai]

I’ve just been getting my head around how to answer your question of why I said that “silver does not appear to be a store of wealth like gold”.
A couple of reasons, rational but not necessarily objective view points when considering the latest developments.

Firstly, I literally have done much much better buying stocks in two companies in particular: bought A2 at 80c and sold half of these stocks at 15.00, still holding the remaining stocks that pay dividends. At its peak A2 was at $42 if I remember correctly. I was in the middle of writing a thesis so wasn’t paying attention. A similar scenario happened with Xero, selling all our holdings at $37 close to its peak. These investments were over a much shorter time period (just a few years) than the equivalent silver and gold rise.

Before my husband and I started investing in good quality companies that actually produce a good product or service I was big into buying silver. It was around the same time I was freaking out about MERS and then Bird Flu and then SARS. Then the Africa Ebola outbreak. Even this was relatively short lived and contained. I was freaked out the world was going to go caflooey. I had been preparing (for what actually happened during Covid) and then nothing happened. I experienced this tension of—stress of impending caflooey and the objective reality of nothing actually happening. I felt like I was crazy since all of this is Armageddon doom porn has been around in some form for centuries. I did not know how seriously to take the Cs info but happy to keep an open mind, be sensible and prepare for disasters (plenty of weather events and earthquakes or fires that do happen support this).
Part of this checking myself was stopping my silver fix, as silver went up to around 50USD spot price then back down to around 11USD back up but hasn’t done a whole lot until more recently. I had been reading probably the same stuff you did for years about silver’s undervaluation.

Off course since 2020 everything has really shifted, caflooey did happen and who knows what’s next.

Anyway, I hope that answers your question, it was good to think about it. I still don’t know anything about anything it feels. I have had to learn to get on with living after feeling impending caflooey since I was about 7 years old. It really messed me up and I was quite nihilistic about my own life.
I still have a couple of kgs of silver in coins, jewellery and bars. So happy to let that sit in the wadrobe, it does helps me lie in bed at night with what’s going on. I think I’ll build up a bit of cash again also and of course I have other emergency supplies.

This year we bought our home we had been renting for 17years and our mortgage is pretty small, that certainly has helped relieve background stress also.

Edit: @FM258 , like you I also shifted to investing in myself, by accumulating more knowledge through formal study as well as more reading and participating in this forum.

You are correct that previously stocks have done very well up until recently. One of the underlying themes of precious metals resurgence is that we are in a debt based collapse. This is essential to understanding why since around 2020 things are different than before. The bond markets are not what they once were. The best analyst I have come across is Francis Hunt also known as the market sniper. He is a very bombastic, knowledgeable man with a great yourube channel which explains the dynamics of what is going on.

Some of the above linked channels are accurately stating what is occurring to silver but they often didn't predict it and it is worthwhile going back to see what their takes on silver and gold were 4 to 5 years ago. Francis hunt and others have explained that due to the debt based collapse, in basic terms, meaning they can no longer continue to use the bond market to prop up the economy, precious metals will go up relative to the dollar and other things like stocks. They have been correct in predicting these since 2020 and others are jumping on the bandwagon but we're incorrect previously and one must be careful taking further prognostications from tbe bandwagon jumpers. Another benefit is Francis understands geopolitics and is anti satanist/anti zionist which helps his overall understanding as well as keeping him and those like him colinear with the forum.

Another thing that is important to remember is that whilst the stock market is still doing "well" in fiat denominated terms, in gold ounces pretty much everything has been going down other than precious metals another sign of a debt based collapse and hyperstagflation.

The below video is definitely worth a watch in terms of explainig what is going on:

Francis hunt silver

 

[gottathink]

The below video is definitely worth a watch in terms of explainig what is going on:

Francis hunt silver

Yes good watch, thanks for that. Francis Hunt also mentioned Lynette Zhang’s work.

 

[Aeneas]

If the PTB have been successfully suppressing the price of silver for nearly a century with an iron fist, I doubt that they all of a sudden lost control even if supply and demand have gone upside-down. I'm no market expert, but this surge in silver does not give me the warm and fuzzies.

I think it would be a mistake to see the PTB as a homogenous mass. There are many players hiding under the description , the PTB. Sometimes they pull in the same direction when it serves them to, but at other times, their differences make them take different and at times contrary positions. They are after all STS so if the key priority is to the self and if knifing a fellow elite in the back is seen as beneficial then that is likely to happen.
In the silver market, where the leverage of paper to physical is about 383 to 1 according to the AI, Asian guy, there are some who have made themselves very vulnerable.

The point that there is used more silver than is mined each year and that the deficit now has been on for 5 years, means that at some stage those factories relying on physical silver start getting desperate to get their hands on silver. In a sense those factories have benefitted from the suppression of the silver prices by the paper contracts for years, but now some chaos is brewing. It will likely dawn on some people that the whole Green net zero Carbon agenda is not going to be materialized as there isn't the raw materials available to make that happen.

My two kopeks.

 

[Scottie]

In the silver market, where the leverage of paper to physical is about 383 to 1 according to the AI, Asian guy, there are some who have made themselves very vulnerable.

The point that there is used more silver than is mined each year and that the deficit now has been on for 5 years, means that at some stage those factories relying on physical silver start getting desperate to get their hands on silver. In a sense those factories have benefitted from the suppression of the silver prices by the paper contracts for years, but now some chaos is brewing. It will likely dawn on some people that the whole Green net zero Carbon agenda is not going to be materialized as there isn't the raw materials available to make that happen.

That's the long and the short of it, IMO.

The price manipulation may continue, or not. But it seems to me that this was a rather big signal from the Chinese that they're not messing around any more. And they literally hold the most (silver-plated) cards in this case.

Couple that with the rumors of the "Unit" where 40% of the BRICS "currency" may be backed by gold (Plus China, Russia, and India stocking up on gold in recent years), and I think things are about to get very interesting - and possibly very bad for the dollar + euro.

And speaking of Green, AI is single-handedly destroying any and all gains made in that department (which is not much, but still...). The power requirements for AI are off the charts - so much so that they're talking dedicated nuke plants, diesel gennies, and gas turbines just to create enough power to continue powering AI.

The lunacy knows no bounds!

On the plus side, every time you use AI for things you really don't need it for, most likely you help the old system to collapse.