Throw Away Your Silver Price Models As the Silver Spot Price and ETF Frauds Are Exposed
It Will Not Be a Subtle and Prolonged Repricing
It is now becoming increasingly clear to observers that Western bullion banks are scrambling to secure silver bullion to cover their naked short positions in the bullion markets and that silver ETFs are likely also trying to reduce the illegal rehypothecation of their client silver that they have shorted into the market.
In total, what we are seeing is onset of failure of the paper pricing regime for both silver and gold in the global marketplace.
As metal shortage increasingly drives these silver entities to cover promissory note short positions that have been used for decades to give a fictional price of silver, expect the failure to cause a repricing of silver higher that will happen over a comparatively short time.
Trading tools such as Fibonacci ratios, wave counts, Bollinger bands, etc. will not be of use as silver finally reprices after decades of market fraud is shed.
Exposure of market fraud causes market repricing that follows criticality theory and is typically sudden and violent in nature as supply and demand asserts itself in price discovery.
Buckle up for a wild ride in the silver and ultimately the gold markets.
What will happen as the market reprices silver will not be for the faint of heart.
Best regards,
David Jensen
Wish you'd come back to twitter or what's now called X. You should give it a try again. Miss you over there. @Scoremore_
The huge gap up will highlight the huge fraud we have been subject too for all these years, perhaps the gap will look small in the future? The long queues at the bullion shops will be in the news, I am lucky enough to have a full Mint in my town so it will be interesting to watch.