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The Young Pretender
@Dioclet54046121
I suspect the fiat-suppressed price of #silver is partly intended to fool everyone, including industrials, into thinking there is no shortage. The inclination is therefore reduced to empty out meagre Comex or LBMA inventories, and trigger a repricing.
Normies do not grasp that PM prices, controlled by very complex price m**********n, do not move like shares, which can be incrementally price-pumped, Dogecoin-style. Manipulated PM prices will remain humdrum right until the chains of m**********n break.
There is definitely an effort today to smash down the paper prices of #gold and #silver prior to Weds. Are the trapped shorts utterly desperate to cover?
Or perhaps it’s the Fed that’s desperate to facilitate short covering by paper traders, because it knows what’s coming.
Source(s):
https://x.com/Dioclet54046121/status/1835635031760359664
https://x.com/Dioclet54046121/status/1835642952745422933
https://x.com/Dioclet54046121/status/1835687497382215819
https://x.com/Dioclet54046121/status/1835688800288154063
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