The set up, if we just look at what JP Morgan did last Friday with paper silver… create fake news, first it’s silver is cheap at $120, the next day it’s reverse fake news, new fed chair will crash the silver market. No. JP Morgan caused it. They shorted silver, comex significantly increased the margin requirements and the crash was inevitable. Smaller traders got called, price came down forcing larger traders to be called, price then came down further forcing stop losses to kick in and also algorithm trades. This killed paper silver. An J.P. Morgan with all their inside information made billions swooping in at exactly the right moment.
So my strategy is, no paper anything. I’m not owning anything going forward that can be called up. I’m buying $Pan American Silver(PAAS)$ and probably more $Venture Global, Inc.(VG)$. Minerals and LNG.
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