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Mega Bank is Trying to CRUSH Silver Price LOWER - Will it Backfire?
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Apparently last Friday a big bank sold about 483 million ounces of paper silver in an attempt to crush silver price lower according to a post on X. Is this bank now underwater and will they need to buy physical silver to cover? I talk about why they will just settle in cash and this will not have a massive effect on silver price as speculated. I also talk about how silver price is now only the 7th highest asset by market cap despite hitting a new all time high in Euros. Where will silver price go from here? Will silver hit $40 per oz this week? Where do you think gold and silver prices are headed?
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