For the people thinking this is a bot post , I can tell you as a precious metals trader, it isn’t, he just doesn’t explain the whole subject in detail. Been following this movement on twitter to get wsb behind and help us get back at this major players, and Im A Simple Man I Like Tractors And Boobies shirt , just check the comex market and the fines the major banks have been paying for manipulating the prices so people don’t stand for delivery on the contracts. JP Morgan payed a 920 milion fine for manipulation and guess wath they also have on their portfolio? A billion ounces of silver phisical position, the biggest in the world , they squash the price , profit from traders and then they buy it all for themselves. No one deserves more revenge then we do, but oh well , if stonks no go up at least still got my shynis.
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Keith Neumeyer CEO of $AG First Majestic is a huge outspoken voice amongst other mining CEOs who actively calls out the manipulation of Im A Simple Man I Like Tractors And Boobies shirt, most notably JPM who is the administrator for the $SLV iShares silver ETF. In the past FM has stockpiled their mined silver when prices were suppressed to sell at higher prices. I’ve been an investor in $AG for years. There are two huge tailwinds – massive debt expansion and electric vehicles that will fuel demand for silver going forward.