The Watchman On The Wall

The Watchman On The Wall
Eph 6:12 For we wrestle not against flesh and blood, but against principalities, against powers, against the rulers of the darkness of this world, against spiritual wickedness in high places. Verse 13 Wherefore take unto you the whole armour of God, that ye may be able to withstand in the evil day, and having done all, to stand.

Thursday, July 25, 2019

Who Is The Silver Whale? Chi è la balena d'argento?

Image result for silver manipulation jp morgan
In the first video below Ted Butler, silver expert says JP Morgan is operating illegally on the COMEX. 
I would also like to add that I believe Mark Taylor in one of his early prophecies stated that a new form of energy/technology would come on board during Trump's terms. He said this new form energy would use massive amounts of silver. If any of my readers has the details on this prophecy by Mark please send it to me. 
I would also like to thank Tom for putting me on to this story.
Whatever banker, corporation or government is accumulating silver it is "Yuge" as Trump says. 



https://www.youtube.com/watch?v=X1EnxOwXC7E

Image result for silver manipulation jp morgan
The link for the JP Morgan trader conviction is below.



Gold and silver opened a few eyes last week, as gold closed at a six-year high and silver added a buck, which was silver’s highest price in a year. The silver to gold ratio headed down from 93:1 to 87:1. As the ratio was rising, it was by very small amounts over time but on the way down, the fall was fast and large. Ted Butler pointed out that prior to the start of the silver manipulation on COMEX, which started around 1982, the average ratio was no more than 45:1. If the ratio was the same now, silver would be selling for $31.70. Such is the power of the manipulations on COMEX.  In addition, since 1982 we now have twice as much gold and half as much silver as we did then. 

The evidence leads back to JPMorgan. Their manipulation of the price has allowed them to accumulate 153 million ounces in their own COMEX warehouse plus an additional 50-100 million ounces it holds in other COMEX warehouses.

A recent trend is that a majority of the traders and newsletter writers have become cautiously bullish and there are very few “Harry - $350 - Gold Dent” voices out there. The investment environment favors precious metals now. The dollar is falling, interest rates are falling, Trump’s tariff war is gaining steam and the Middle East is one mistake away from lighting a fire beneath the price of oil. Of course, there are experts who believe that money will continue to pour into our stock and bond markets (islands of safety in an increasingly unsafe world) so we could actually have a market where precious metals and stocks rise at the same time. At least for a while. But as soon as the stock market starts to pull back, all things being equal, gold and silver should move dramatically higher. I would not be surprised to see it happen in the second half of this year.

Sprott says gold continues its bullish consolidation.
Last week, gold bullion continued its bullish consolidation ($1,380 support, $1,440 resistance), and gold equities recovered to touch new 52-week highs as Federal Reserve Chairman Jerome Powell reaffirmed the likelihood of a July 31 interest rate cut.