Massive Paper Attack on Silver! Call Their Bluff. The Con Game Won't Last.

Trading Fam,

Gold and Silver liquidated over 10 trillion dollars in less than 24 hours! To put that into perspective, that’s the entire crypto market cap multiplied by over 3 times! What we witnessed in today’s metals crash was truly historic! But was it real or an illusion?

I called “bluff” and bought SILVER. If you’re a believer in scaling into your entries, today could have been a great start. Could SILVER go lower? Yes. Of course. However, recent demand for its utility in technology suggests that buying demand will resume quickly.

In more recent history, paper trading contracts have massively suppressed the true value of gold and silver, but silver has often taken the brunt of the hit. Today was a prime example. If we were to ever return to true historical values on silver, we should see a price of $200-$250 per oz. silver for every $5000 per oz. gold. We’re nowhere near that. But I think we will get there soon. The collapse of the U.S. dollar further strengthens my conviction in this thesis. What we witnessed today in the precious metals market was unprecedented. The level of coordination by large institutions was both amazing and terrifying. However, their con game can’t last.

We’ll take a closer look at what the charts are showing us for SILVER, the U.S. dollar, the SPX, and Bitcoin.

Please enjoy this week’s update.

✌️Stew