47
posted ago by Cantshadowbanthemall ago by Cantshadowbanthemall +47 / -0

Warren Buffett and bill gates own 70% of the world's silver. Driving the price up allows the hedge funds to regain lost wealth.

Their production capacity is huge. Any "squeeze" just lines their pockets. This has been tried before and failed miserably

Comments (10)
sorted by:
You're viewing a single comment thread. View all comments, or full comment thread.
6
PotatoJoe 6 points ago +6 / -0

Any Silver purchase should be in physical form IMO. You cannot go wrong with physical silver vs fake paper money. This was tried 50 years ago by 2 individuals in a blatant attempt to manipulate the market vs a dollar that was just off the gold standard. What is happening this weekend is very different. Physical silver has disappeared like ammo.

What ever happens. With this physical run no one can go wrong with physical silver even at 27.10 call today. The Fed is simply printing too much paper money with calls for more. That cannot sustain itself

2
PonySoldier66 2 points ago +2 / -0

this. 2 oz bars in my pocket will never go to zero, and won't go below $50 for long.