MichNik

Just trying to navigate this crazy world that I once thought was normal.

[Asian Guy @AGAsianGuy]

THIS IS THE SMOKING GUN
$3B PRINTED. 41 TONS GONE. NO, THAT’S NOT “NORMAL VOLATILITY.”

[@mcm_ct_usa @mcm_ct_usa]

The Alleged Secret Conference Call [alleged]

At 1:34 a.m. on Thursday morning, Christmas Day, while markets were closed, six powerful figures in global finance reportedly held a 47-minute conference call. The participants included the Global Head of Commodities at JPMorgan, the Head of Derivatives Trading at HSBC, the CEO of the CME Group, a senior U.S. Treasury official, the representative for the Bank for International Settlements, and the chairman of the London Bullion Market Association. No official record or press release was made. The narrator claims a source on the call sent a message at 3:15 a.m. saying simply, “They agreed $75.”

This was described as an emergency summit to prevent silver from crossing $75, a price level allegedly capable of triggering systemic collapse due to massive exposures in call options.

$75 Is the Critical Line

There are said to be 41,000 open call option contracts at the $75 strike price, expiring in January 2026, representing 205 million ounces of total exposure. Banks reportedly sold these options when silver was around $50, collecting premiums without proper hedging. At prices around $71-72, the banks remain comfortably hedged. However, if silver breaks and holds above $75 for more than 48 hours, delta hedging requirements would explode, potentially requiring 180 to 200 million ounces. With COMEX registered inventory at only about 24.8 million ounces, London withdrawals restricted, and ETFs frozen, delivery would become impossible, leading to price gaps toward $80, $85, and then $100 in a death spiral.

The alleged agreement - a gentleman’s deal for coordinated selling to maintain a ceiling at $75, with regulatory cover and unlimited liquidity backstop from the BIS.

What Happened on the Call

The call was scheduled at 1:34 a.m. Eastern Time to avoid detection. The CME CEO reportedly opened by saying silver was refusing to stay down—they had smashed it to $70.16 earlier, but buyers rallied it back to $71.69, leaving it only $3.31 from the $75 strike. Volatility was too high, and a snap to $75 would force buying of 180 million ounces they could not deliver. A hard ceiling at $75 was needed.

The JPMorgan executive spoke next, noting they were short about 35% of the contracts and already bleeding at $71.69, facing potential $500 million losses in 24 hours if $75 was breached. Coordinated action was essential.

The Treasury official sounded urgent, viewing $100 silver as a macro threat signaling loss of confidence in the dollar, and offered support for stabilization efforts within legal parameters—interpreted by the narrator as permission to do whatever was needed.

The deal involved coordinated selling whenever silver approached $73, political pressure on ETFs to halt buying, and unlimited dollar liquidity from the BIS for any bank in trouble. The call ended around 2:21 a.m.

The Cap in Action

On Wednesday, December 24, Christmas Eve, silver reached a high of $72.75 before a midnight dump crashed it to $70.16 in an attempt to break $70 support and induce panic. Physical buyers stepped in, rallying it back to close around $71.69. The narrator calls this a failed execution of the alleged plan, not random volatility. With markets reopening on Friday, December 26, a coordinated media campaign was expected, with experts claiming silver was overbought and demand slowing to discourage holders.

Why the Cap Will Fail

Banks can coordinate paper selling and print dollars, but they cannot create physical silver. There is a real 1.1 billion ounce annual deficit, refineries remain constrained, and crucially, Shanghai buyers are bidding massive premiums, purchasing physical at equivalent prices around $80 while dismissing paper games. As long as this arbitrage persists, physical will drain paper dry.

JPMorgan, HSBC, and Scotia Mocatta pretending to cooperate, but bankers follow a prisoner’s dilemma. All are heavily short and losing money. If one covers, the price skyrockets, bankrupting the others

[MichNik @PremierHomeLend]

@CC87035 @TraderGirlQ It's quiet for awhile. I thought the same thing

[MichNik @PremierHomeLend]

@dom_lucre They're history

[MichNik @PremierHomeLend]

@ReturnOfKappy Flowers have pedo symbol

[MichNik @PremierHomeLend]

@DonaldTNews Seeee-ya

[MichNik @PremierHomeLend]

@DonaldTNews Yes

[Qtime @Qtimekennedy]

How to steal an election.

The video that got me a Retweet by Donald J Trump on 20th December 2020 and got me suspended by Twitter 8 hours later because of that.

“Stealing the most powerful republic in the world.
‌
It’s that easy.”

@elonmusk

[MichNik @PremierHomeLend]

Sanctions / End Of The Fed / No More Reserve Currency Status / Just A Financial Shell Game! https://t.co/YAJjdJ4uF9

[MichNik @PremierHomeLend]

Sanctions / End Of The Fed / No More Reserve Currency Status / Just A Financial Shell Game! https://t.co/YAJjdJ4uF9

[ΛЯIΣᄂ @Prolotario1]

Do you think the world is ready to see these documents from "The White House"?

[steph pomboy @spomboy]

And now.... I'd like to introduce the director of signature bank

[John Rich🇺🇸 @johnrich]

People were silenced, demonized, ridiculed, punished and targeted for saying EXACTLY what NBC, and many other Covid tyrants are finally admitting...A lot of good that does us now. Bring on the reckoning. Conspiracy theorists were right... again. #ToldYouSo

[MichNik @PremierHomeLend]

@ElijahSchaffer Things that make you go "hmmmm"

[Lou Dobbs @LouDobbs]

America First vs. The RINOS: Hats off to @RepMattGaetz for his GREAT nomination speech for Jim Jordan. Republicans want a speaker who will fight for their values. Thank you to @RepAndyBiggsAZ & @Jim_Jordan and their supporters! #TheGreatAmericaShow

[ALX 🇺🇸 @alx]

Rep. @MattGaetz on opposing Kevin McCarthy for House Speaker: “If you want to drain the swamp, you cannot put the biggest alligator in charge of the exercise.”

[Peter Bernegger @PeterBernegger]

A special person is coming out for the first time to expose the corruption of Robin Vos, on election fraud. The person will speak on the steps of the Capital in Madison, WI on Tuesday. Around noon. If you didn't know Robin Vos created our horrific election system, back in 2015.

[MichNik @PremierHomeLend]

US Virgin Islands sues Chase bank for facilitating Epstein sex crimes https://t.co/LT0OPLRF4j via @MailOnline

[Chuck Callesto @ChuckCallesto]

BREAKING REPORT: Biden Administration Delays Paychecks to National Guard Members for Christmas One Day After $45 Billion Was Handed to Ukraine..