Good Saturday my Steemian friends.
It is no secret to some who serious study the metals market that "insider" JP MORGAN has accumulated 140,000,000. That's right, MILLION ounces of silver. I have read this may be about 80 percent (or more) of available silver on the market (COMEX.)
The other two times the silver market was cornered was the Hunt Brothers around 1980 and Warren buffet and friends around 2008.
Above chart: Herbert Moolman, to 2013. Silver has steadly gone since 2013 to a low of about 14.00 three years ago. It is 16.50 today.
But, the Morgan purchases are far greater than either the Hunt Brothers or Buffet. They know something. And, they are going to let loose of the price of silver (and gold).
I learned many years back concerning the equity markets (SEC reports). Just follow the insiders. We do not know what they know but we can do as they do. It is time proven!
In my opinion there are no greater manipulators of the markets than Morgan and Goldman Sachs (and others, of course). They know the equities markets will be in big trouble. The bond market is not where to park assets now. rates are and will continue to rise. The dollar and other fiat currency is destined for serious decline. Watch all this unfold before 2018 comes to a close.
When I first bought 'junk' silver' at 8.00 /oz. in 2002 I did not expect to see 50.00 suddenly in 2009. (see the chart). I also did not expect what happened later. I was prepared for the long haul and did expect a good correction. I still own the original purchase. Yes I am not ALWAYS right, lol! But as I write, here comes the next bus. I don't plan to miss it. This is the best opportunity you'll see to buy silver, of course, my opinion.
The silver seasonal (above) is on target and acting really well this year.
The most important chart on this report is the one above.
Do we know everything 100 percent? No. But look at the weight of evidence. Follow the money.
The opinions are mine! Please do your own 'due diligence'.
Thanks for visiting. If you think I have something of value here, FOLLOW, UPVOTE and RESTEEM.