Well there is that which you mention, but I think a lot of what is happening now is more to do with bot algorithms and the DXY. Higher DXY, sell gold+silver. At some point a human is going to be taking a look at these actions and be like "WTF" I think especially in the case of silver.
270M ounces of silver has left the world vaults in the last 12 months. In a silver FUTURES market that was already on the brink in 2021 according to the LBMA, known silver inventory is now down to 2016 levels. So the future market manipulators have less to work with. This doesn't even take into account any fractional banking issues they likely all have, because as we all know what precedes a bank run is people realizing the bank may not have what it claims with dropping inventory.
The people selling the paper seem to be disconnected from the reality on the ground. And funnily enough their actions are going to make the shortages worse and pull the market with it quicker. Bring it on I say, they need a taste of reality.
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