Silver price discussion and analysis

[Dona Ferentes]

Yes I was!
Is that a problem ?

more like a necessity.

 

[greggles]

An interesting article on the mechanics of silver price suppression by bullion banks.

The Mechanics of Silver Price Suppression

Learn how bullion banks like JP Morgan and UBS slam silver lower almost daily to suppress its price—and why it's likely to break free from the manipulation soon.

thebubblebubble.substack.com

 

[Sean K]

An interesting article on the mechanics of silver price suppression by bullion banks.

The Mechanics of Silver Price Suppression

Learn how bullion banks like JP Morgan and UBS slam silver lower almost daily to suppress its price—and why it's likely to break free from the manipulation soon.

thebubblebubble.substack.com

The goal is to suppress the price, but I'm not quite sure why for longer term. Is it so banks can accumulate physical at the suppressed price and then eventually let it go to make a motza? This has been going on for a long time.

 

[Captain_Chaza]

Cancel post Please

 

[Captain_Chaza]

Ok so what would you like to see, the trade slips with dates and prices, or would a summary suffice?
Mick

A summary would be nice but I was more interested on the % you sold against The % you held if you thought the price of Silver was to fall and the liquidity of your penny dredafuls

 

[greggles]

The goal is to suppress the price, but I'm not quite sure why for longer term. Is it so banks can accumulate physical at the suppressed price and then eventually let it go to make a motza? This has been going on for a long time.

Here's what Grok has to say:

Several groups might have an interest in suppressing silver prices, depending on economic, financial, or industrial motivations. Here’s a breakdown of potential players:

1. Central Banks and Governments: Historically, some speculate that central banks, like the Federal Reserve or others managing currency stability, could benefit from keeping precious metals prices (like silver and gold) low to bolster confidence in fiat currencies. A strong dollar, for instance, often correlates with weaker metal prices, and suppressing silver could help maintain that dynamic.
2. Large Financial Institutions (Bullion Banks): Major banks involved in commodities trading, such as JPMorgan Chase, have been accused of manipulating silver futures markets. These institutions might profit from short positions—betting on price declines—or by managing volatility to favor their trading strategies. In 2019, JPMorgan paid a $920 million fine to settle spoofing allegations in precious metals markets, fueling speculation about their role.
3. Industrial Users: Companies relying on silver for manufacturing—like electronics, solar panels, or medical equipment makers—benefit from lower prices. Big players in these sectors (e.g., Tesla for solar tech or Apple for electronics) might indirectly prefer suppressed prices to keep production costs down, though they don’t directly control markets.
4. Mining Companies (Counterintuitive): While miners generally want higher prices, some heavily hedged producers might lock in lower prices via futures contracts to ensure predictable revenue, especially if they’re over-leveraged or fear a market crash.
5. Speculators and Short Sellers: Hedge funds or traders betting against silver through derivatives have a direct financial incentive to see prices drop. Their influence grows in highly leveraged markets like COMEX, where paper silver contracts often exceed physical supply.

The idea of silver price suppression often ties to conspiracy theories, like the "silver manipulation" narrative popular in some investment circles. Evidence is mixed—court cases and fines point to real market rigging at times, but definitive proof of a coordinated, long-term suppression effort is debated. Supply and demand fundamentals (e.g., silver’s dual role as an industrial and investment metal) also naturally pressure prices, complicating the picture.

Personally, I think the US government and the military industrial complex has an interest in suppressing the silver price due to its critical importance in military applications, particularly weapons like missiles. I believe we are entering a new intense phase of global warfare as countries scramble to secure reserves of critical minerals. I believe this is one of the primary reasons Russia is invading Ukraine. Eastern Ukraine is loaded with sizeable reserves of lithium, titanium, manganese, rare earth elements, graphite, iron ore and uranium. Keeping the silver price suppressed means the weapons of war are cheaper. Call me a cynic, but I believe the world will become increasingly unstable and gripped by war in the coming decades.

 

[Sean K]

Here's what Grok has to say:



Personally, I think the US government and the military industrial complex has an interest in suppressing the silver price due to its critical importance in military applications, particularly weapons like missiles. I believe we are entering a new intense phase of global warfare as countries scramble to secure reserves of critical minerals. I believe this is one of the primary reasons Russia is invading Ukraine. Eastern Ukraine is loaded with sizeable reserves of lithium, titanium, manganese, rare earth elements, graphite, iron ore and uranium. Keeping the silver price suppressed means the weapons of war are cheaper. Call me a cynic, but I believe the world will become increasingly unstable and gripped by war in the coming decades.

Thanks greggles.

The suppression zone that Jesse identified in his chart above was between $32 and $33 on silver futures. The bullion banks have failed overnight to keep it in check. Hopefully that is now support, but not counting chickens.

On the spot price, it's always looked like $32 was the key level to me.

Wykoff over at Kitko uses futures for his TA on gold and silver too thinking that it is a better indication of all sentiment baked into the price.

Silver Squeeze 2.0: Will silver price see the biggest technical breakout in modern market history?

The Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.

www.kitco.com

 

[Sean K]

Maybe ASF can assist in #SilverSqueeze2.0 ?




(Kitco News) – Silver investors have been watching gold’s multi-year rally with envy, with many asking when silver prices will finally catch up and outperform gold as they have in previous bull markets. The gray metal is now gaining some buzz of its own as a growing number of X users rally around the idea of manufacturing a silver squeeze on Monday, March 31.

The community’s call-to-arms is based on the belief that silver prices are being artificially manipulated through the futures market, keeping them low even as many of the traditional drivers – rising inflation, increasing physical demand, supply deficits, and skyrocketing gold prices – have aligned to support higher silver prices. They believe that a concerted effort to buy – and to not sell when the inevitable pushback occurs – could break silver prices through the ceiling and spark a bull run.

Peter Krauth, publisher of SilverStockInvestor and author of The Great Silver Bull, said that trade tariffs are the latest factor disrupting supply and spiking demand, and #SilverSqueeze2.0 could benefit from the timing.

Jesse Colombo, an independent precious metals analyst and investor, publishes The Bubble Bubble Report. He was one of the earliest prominent voices to come out in support of #SilverSqueeze2.0, and he has written some of the best analysis of the current dynamics in the silver market.

Colombo said that whatever happens on March 31, he’s on board for the long haul, because he thinks people need to become aware of the tamping down of silver prices that so often occurs early in the North American session, and what could happen when silver does break through.

 

[qldfrog]

silver not so good last night