Silver Price Discovery. Fraud.
Video link: https://www.brighteon.com/cf085a77-06b8-4ef3-a061-353cd8fe81d7
Despite the visible physical shortage of silver in the global marketplace since early 2022, the price of silver has seen no material net change over this time.
Setting silver and gold prices using unbacked (unallocated) promissory note contracts in London & New York results in corrupted metals prices, temporarily divorced from supply and demand factors, that now sees severe bar shortage.
As seen previously in the palladium market, physical shortage forces bullion banks to exit paper trading price maintenance using virtual metal or face default as delivery is demanded.
Best regards,
David Jensen
We live in a world, in which things are not real. The question is are we brave enough to trust our instincts and expertise - or do we think "the others know best"?
As I have nothing to add to David's work today, I like to share my example.
In autumn 2020 I saw the oil chart and it told me "10 USD are coming". The world was bullish on energy and I am just a hobby technician. I showed it to my girl and said: "These things I have very seldomly. The world is bullish oil and so am I, but the chart says ten bucks. Ten bucks is impossible, because everybody worldwide needed to stop driving, to stop flying. No go to work and no go into holidays either. But no war, because then oil would be 150 or more. A comet needed to crash in and kill the many. I have no explanation. It is like a monster under the bed of a four year old - real for me but for nobody else. I will not invest into energy and we will laugh about me in a year or two, okay? Remember this crazy moment I gave you here."
The world stopped, oil went to minus 45 bucks and we never laughed...
When we know nothing is real, the impossible thought might be reality. We had negative interest rates although I know this cannot be! I understand these times we are in as overshoots of "crazynism". So where is normality? I like Ag and Pt - phys only. Last buys were Pt as the longterm Pt/Ag Chart makes me prefer Pt under 41 and deeper.
This is one of the best comments I've read in a long time pure gold.
Even Twitter over hundreds of millions of users didn't grab my attention.
David Jensen
longgowhereto
Do you have a Twitter account that can be followed?
Thanks