You must understand that the silver price is manipulated by JPM and HSBC who sit on the controlling short side of the futures market. Controlling cause they have the deeper pockets than the long side. When ever global events occur that should be positive for Gold and Silver prices the US banks smash down the price to protect the paper currencies cause they can't have people rushing into the precious metals as it would show a problem with paper money and that there is an option.
All the banks are insolvent but they are allowed to hide and shift debt by corrupt regulators. Many countries are now bankrupt thanks to the criminal banks setting them up and now we see around the world governments are pushing banker and country debt on to the people which is erupting in street protests around the world. These times we are in are more than once in a life time events and we are looking at potentially the greatest financial collapse ever!!
My view here has been formed by researching on the alternative/internet media. Shows like the Keiser Report, Alex Jones - Info Wars, King World News, Bob Chapman, Gerald Cellente. All say DO NOT GET SHAKEN OUT OF YOUR POSITIONS! The last precious metals bull market in the late 70s saw share prices in companies producing rise from 40 cents to $400! We could see huge price gains here in SVL. Imagine what 50 million ounces will be worth if the price of silver gets to the $500/ounce forecast.
I'm not selling but waitng for a price drop to buy more. Bob Chapman says it's too hard to trade and if events unfold the way he predicts you could sell out but be unable to get back in if it turns around on you fast.
In a few years time if you have held your nerve through these crazy times we will be talking here laughing, drinking champange and talking about how much money we've made!
Check out this short video showing Greece riots yesterday , absolutely wild! Like the Battle of Helm's Deep!
http://goldsilver.com/video/athens-clashes-live-rt-at-greece-massive-protest-showdown/
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Last
10.5¢ |
Change
0.011(11.7%) |
Mkt cap ! $158.3M |
Open | High | Low | Value | Volume |
10.0¢ | 10.5¢ | 9.8¢ | $1.156M | 11.57M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 616000 | 10.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
10.5¢ | 2430294 | 28 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 616000 | 0.100 |
1 | 5000 | 0.098 |
2 | 450000 | 0.097 |
4 | 650000 | 0.096 |
5 | 577000 | 0.095 |
Price($) | Vol. | No. |
---|---|---|
0.105 | 2389174 | 26 |
0.110 | 1561491 | 13 |
0.115 | 1027582 | 15 |
0.120 | 1719416 | 8 |
0.125 | 1640432 | 9 |
Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
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