🚨Silver drops because inflation is rising.
Which is funny, because inflation is literally one of the reasons people buy silver in the first place. 🤡🥈
Modern finance logic:
“Your insurance is falling because the house is burning faster.”
#Silver#SilverStackers#Fiat
For years I poo-pooed the conspiracy theories surrounding the Comex and manipulation of Silver prices
Now I am on the fence
The exchange is not accepting orders
Is force majeure coming????????
@CMEGroup $SI_F $SLV
Wouldn't it be fascinating to know what hanky-panky took place in Silver at the Comex during the 105 minutes that never were? $SI_F
Computer glitch?????? Doubtful
Of course the @CFTC is in cahoots with the @CMEGroup so we may never know the real story
Due to a technical issue, the CME Globex Metals and Natural Gas futures and options markets were halted at 12:15 p.m. today. Natural gas futures and options markets reopened at 12:50CT. Metals markets will reopen at 1:45CT.
Really makes you wonder why $BTC ETF’s were created in the first place. Was it to track the price of bitcoin or was it to have an underlying security to trade options (puts) while simultaneously shorting crypto?
Yeah…
Has anyone noticed metals trading at the CME only has technical issues when it’s rising?
Operated perfectly smoothly during the $36 down day on silver a month ago
Bottom line Silver is being artificially suppressed with naked shorts. Kirk Elliott and I agree that there’s no way global forces can suppress it for more than a month longer..
Historically, bear markets last around 360 days.
We’re only 135 days into this one.
If history repeats, $BTC could drop to $35,000 before a reversal.
Position accordingly.