Was That Silver's Final Blow-Off Top?

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I did not watch the AI slop. So are silver "positions" going to go bad? Do the "positions" mean long or short? If anyone has factual input, please accept my gratitude.
 
I'm going to call no, too much has been uncovered regarding the paper silver scam to be ignored or swept under the rug. The market can't unsee the level of fraud but it won't stop the scammers from pumping even more paper into the mix.
 
I'll never call anything as certain, but the ETF emperor has been shown to have no clothes. How the market takes it (or is manipulated) remains to be seen.
 
Have to wait and see if China lets the prices come down and if so, how far. Looks like a topping tail and big reversal candle to me. A pullback to 50 would not be unreasonable.
I could see the institutions here letting the price drop while China keeps the prices up. They buy here for 50 and sell there for 80 and make gazillions. But only while supplies last. China may even throw in a set of GINSU knives.
 
The big tell will be if China says " we will buy Silver for $80 + , but only for Delivered Silver, sorry no Paper Promise's ".

Supposedly China controls 40% of Silver refining ? If that's true & the put a choke on what amount of refined Silver can leave the country, mmm, then I really can't see the price of Silver falling.

The reality of 5 yrs ( some say 7 yrs. The 1'st 2 years was covered by ETF outflow not mined supply ) of STRUCTURAL DEFICITS in SUPPLY is starting to become a factor in the Pricing of Silver that is available, not the Paper Promise's of future delivery.

I think I will hold my Silver Stack for now
 
Well, what happened in Venezuela should spike gold and silver and expedite de-dollarization. China was sent a message too.
 
nickndfl said:
Well, what happened in Venezuela should spike gold and silver and expedite de-dollarization. China was sent a message too.
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America sent a message to the WORLD !

" There are only the Rules that we make & that u will abide by ".

De-Dollarization will be the Push Back against that Message.
 
Viking said:
Does anyone watch Michael Oliver's SLOP™? If you listen to him, you'd be pimping your children to buy more silver! LOL
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Mmm, so u think promoting ur brand of AI Slop as opposed to others AI Slop is somehow a benefit to us ?
 
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