The Mechanics of Silver Price Suppression
Posted by freedomforall 3 weeks, 4 days ago to Economics
Excerpt:
"Simply put, the goal of silver price manipulation is to keep silver’s price artificially low as well as prevent it from breaking above key technical levels that could trigger a full-blown bull market. According to consensus within the precious metals community, the primary culprits behind silver price manipulation are the bullion banks—the most influential players in the precious metals market. These include major financial institutions such as JPMorgan Chase, UBS, HSBC, and Goldman Sachs, several of which have been found guilty of manipulating precious metals markets—particularly gold and silver.
...
Gold Charts R Us also provided statistical evidence through another model, demonstrating that for literally decades, silver has been consistently slammed during the New York morning trading sessions, only to recover later in the European and Asian sessions.
The black line on this chart represents the New York Intraday Silver Index, which tracks the theoretical price of silver if one were to buy at the New York open, hold throughout the trading day, and sell at the New York close. This index further illustrates how silver’s price is regularly pressured downward during U.S. market hours before rebounding in overseas sessions. Starting from a base of 100 in 1970, this index has been relentlessly eroded, plunging to just 8.19 by February 2025—a staggering decline of nearly 92%.
In stark contrast, the New York Overnight Silver Index, represented by the blue line on the chart, tracks the theoretical price of silver if one were to buy at the New York close in the afternoon and sell at the New York open the following morning. Starting from a base of 100 in 1970, this index has skyrocketed to over 20,000 by February 2025—an astonishing gain of 19,900%."
(See chart in the article for display of price suppression.)
"Simply put, the goal of silver price manipulation is to keep silver’s price artificially low as well as prevent it from breaking above key technical levels that could trigger a full-blown bull market. According to consensus within the precious metals community, the primary culprits behind silver price manipulation are the bullion banks—the most influential players in the precious metals market. These include major financial institutions such as JPMorgan Chase, UBS, HSBC, and Goldman Sachs, several of which have been found guilty of manipulating precious metals markets—particularly gold and silver.
...
Gold Charts R Us also provided statistical evidence through another model, demonstrating that for literally decades, silver has been consistently slammed during the New York morning trading sessions, only to recover later in the European and Asian sessions.
The black line on this chart represents the New York Intraday Silver Index, which tracks the theoretical price of silver if one were to buy at the New York open, hold throughout the trading day, and sell at the New York close. This index further illustrates how silver’s price is regularly pressured downward during U.S. market hours before rebounding in overseas sessions. Starting from a base of 100 in 1970, this index has been relentlessly eroded, plunging to just 8.19 by February 2025—a staggering decline of nearly 92%.
In stark contrast, the New York Overnight Silver Index, represented by the blue line on the chart, tracks the theoretical price of silver if one were to buy at the New York close in the afternoon and sell at the New York open the following morning. Starting from a base of 100 in 1970, this index has skyrocketed to over 20,000 by February 2025—an astonishing gain of 19,900%."
(See chart in the article for display of price suppression.)
Plebeians caught in the middle throughout history. The elites dare not teach these nuances.