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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
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.
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