Silver Trade at Settlement-Banks Find Novel Way To Influence Silver Price-Who Does That Benefit?

By Stan Szymanski

If what is described in the Sprout Money article ‘COMEX Silver Trade At Settlement’ by Craig Hempke is true, it is thoroughly evil. In the words of Mr. Henkel…’The Banks have found a new way to influence price ahead of front/delivery month option and contract expirations.’… To influence price for someone’s benefit-it’s probably not for your benefit -and- it causes distortions in price discovery In the market of the underlying asset.

This is just one more example of what is wrong with the powers that be. They look at you (and your assets) as a battery to power their system. And when the battery runs out they move on to another battery with more ‘in the bank’

Physical Precious metals (PM’s) are the only -real money-; the banks abhor silver and gold for the fact that they are kryptonite to the fiat system. Precious metals have no counter-party risk and limit the amount of currency available to the system; the fiat system issues money out of thin air via the central bank and therefore dilute the value of the money. IMHO, the banks are manipulating (suppressing) the price of silver because silver is real money (and an incredibly important asset in most of our technology like phones, solar panels etc.) and competition for the banks. Look at the price of all other commodities: what other commodity it trading at only 50% of its 1980 high?

This alleged breach of confidence with the silver market by the banks may potentially provide a last time for the average person to purchase silver at a price unnaturally suppressed (low) courtesy of these same wicked institutions. Silver is real money and unlike every fiat currency that has ever existed has never been worth zero. Physical silver has been money for thousands of years and will survive whatever we are about to go through unto God redeems his elect and judges the earth.

Before you consider buying any -physical silver- (not derivatives like exchange traded funds) please take stock of where you are (this is not financial or personal advice). We live in a time where ‘trusted’ institutions like banks are apparently involved in market manipulation. Shortages of all kinds now exist. The US stands at the brink of war. Do you have ample supplies of food to last if the store shelves become more bare than they are today? Please also notice that the store aisles are significantly wider than they were a year ago. Trucks aren’t running in Canada; how soon before they stop rolling in the United States and the stores aren’t restocked? Can you filter and collect water? You can’t live without it! Can you cook food if you don’t have electricity? In light of these questions, what if your bank is closed and they have your money? After you have taken care of theses cares, might it be a good idea to have physical silver in a world rocked off of its moorings?

Read the Sprott article by Craig Hempke. Educate yourself on the tactics of the enemy. Do not blindly give people or an institution your trust. The banks are not your friend.

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Stan Szymanski (or Encouraging Angels) is not a medical doctor. This is not medical advice. In all matters pertaining to the health and care of a human being consult a medical doctor. This is not legal, financial or personal advice. Consult appropriate professionals in those fields for that type of advice.