Turmoil in the Silver Market threatens global financial stability

Is the bag of margin tricks and whatever else to force down the silver price finished though?
 
Desperate paper selling to get silver below 70 before years end. And with Asian markets off for 5 days, there will be no resistance to the shenanigans.
 
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jpc said:
Is the bag of margin tricks and whatever else to force down the silver price finished though?
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No, they can go to 100%, meaning you have to put up the full value of the contract in cash!!!!
 
BIG FAT HOOR said:
the key to what you have written is very important .
reality for AI is what ever reality you PERMIT it to see .
there are many search engines --as an experiment i had to almost force my indoctrinated kids to sit down with me and ask each search engine in turn which country murders the most Semitic people each year ---also which country on earth is the most anti Semitic .
it quickly became obvious that ALL the search engines were controlled by Israel as none of them could tell is how you could determine this .
we then asked my daughter to use her phone which had chat AI AND BACK CAME THE REPLY ""ITS COMPLICATED "" which showed when we examined it that the chat AI was Israeli owned also .
for the crack i asked them all about Jupiters moons as they have 100 irregular moons and 500 smaller moons and all knew and all could discuss these moons at length --but not which is the most antisemitic country on the planet earth ---even though the entire population of the planet knows Israel is.
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It was pointed out elsewhere that once we let them do our thinking for us then it's game over, and that is precisely what is intended with AI.

Yet general AI is rapidly losing its shine, it is not that accurate therefore it needs verification, and that verification can eat up more human man hours than simply letting humans do it in the first place. There are numerous surveys out there showing that investment in it has proven to be a waste of money as it cannot be relied upon.

Where we come across it in our day to day lives people will be taken in and believe it. The search engines all have AI and the results are often laughable if not downright misleading. I have twice come across answers in the legal sphere that could cost people a lot of money if they had taken them as gospel. I take no notice of these AI generated answers nowdays.

It is not that this is particularly new, the web has been going downhill for a long time now, it is no longer that useful as a research tool, well, not as much as it once was. In its younger days folk would flock to it and place their knowledge and expertise in front of the world, it was seen almost as a public sevice, but now its all about extracting information from the user instead, this happened with the ushering of Cascading Style Sheets (CSS) rather than good old HTML as the archittecture of sites.

I treat the web generally with a good deal of caution and I would urge others to do the same.
 
Interesting article
About a dozen years ago, an insider told me that when the “Reset” happened, no one would be able to bet on precious metals with leverage anymore. So, in the coming weeks, we can expect 100% margin calls on silver and platinum, and sooner or later, on gold.

Silver and platinum must first return to their historical ratios relative to gold... before a devaluation of fiat currencies against gold.
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goldbroker.com

Silver: A Broken Market Before a “Reset”? | GoldBroker.com

About a dozen years ago, an insider told me that when the “Reset” happened, no one would be able to bet on precious metals with leverage anymore. So, in the coming weeks, we can expect 100% margin calls on silver and platinum, and sooner...
goldbroker.com goldbroker.com
 
Intresting read from an Asian website.

Silver rate today Highlights: MCX silver trades marginally lower, crashes ₹20,000 from peak — What to expect in 2026? | Stock Market News https://share.google/rkXZIlXMibCfParLm
 
Mad as Fish said:
It was pointed out elsewhere that once we let them do our thinking for us then it's game over, and that is precisely what is intended with AI.

Yet general AI is rapidly losing its shine, it is not that accurate therefore it needs verification, and that verification can eat up more human man hours than simply letting humans do it in the first place. There are numerous surveys out there showing that investment in it has proven to be a waste of money as it cannot be relied upon.

Where we come across it in our day to day lives people will be taken in and believe it. The search engines all have AI and the results are often laughable if not downright misleading. I have twice come across answers in the legal sphere that could cost people a lot of money if they had taken them as gospel. I take no notice of these AI generated answers nowdays.

It is not that this is particularly new, the web has been going downhill for a long time now, it is no longer that useful as a research tool, well, not as much as it once was. In its younger days folk would flock to it and place their knowledge and expertise in front of the world, it was seen almost as a public sevice, but now its all about extracting information from the user instead, this happened with the ushering of Cascading Style Sheets (CSS) rather than good old HTML as the archittecture of sites.

I treat the web generally with a good deal of caution and I would urge others to do the same.
Click to expand...
excellent post
 
Just recapping all this a little.

The price of silver on this day last year was c.$30 and now it is above $100, so thats over a 300% increase in a year. That is pretty dramatic stuff for a commodity that vies with Nvidia shares as the most traded item in the world.

Again it is increasing, so you might say thats not a problem, but its a hugely traded commodity in heavily leveraged derivatives markets, hence, to some degree anyway, there has to be somebody or institution out there the wrong side of these trades i.e. somebody holding a document that guarantees to deliver silver in the next few weeks, which they bought for about 30% of its current price and which they now need to buy silver to fulfil.

So intuitively we can still see there is something major going on here but in the mass media, as opposed to social media, they hardly refer to this at all.
 
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A 10 dollar move Monday would not surprise me, in either direction but it is hard to see any sellers apart from the small guys.

I went by my local shop today, he is low on inventory. A lot of people calling and asking what he will pay but it is well beliw spot price and they are not happy. One lad had 80 eagles and he wanted a 100 eachand was offered 95 and he seller said he would see next week as he wanted a 100.

So this lad hs 4 rolls that he might had gotten in an inheritance or bought at 20 ($1600). But now $8000 cash will pay a shitload of bills like heat or property taxes or whatever. So a lot of these lads will sell.

He was telling me that a lot of older silver are set to the refineries and they melt them to 1000 ounce bars because the short sellers need them to deliver.


I now own no options on SLV at all, I sold all too early but did well. I am now in the miners with options. HL and ISG and two complicated positions on NEM and WPM.

It is a cautious move because some say that SLV only has about 30% of what it should have, each share is supposed to be backed by one owned ounce, so SLV could crash as silver then would presumably rocket
 
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