iShares Silver Trust (SLV) Options

Here is another good video.



Count

If you can't move it, or move it fast enough, then you have to deal with paper.

Very true! It all depends on your reason for stacking silver in the first place I guess. The reason I hold silver really has nothing to do with the logistics of selling it back when the time comes.
Silver to me is more important than trying to make a quick buck. I plan on owning it a very long time. Perhaps my kids or grandkids will be able to utilize the funds it should generate.
Gold is another story. I'm up bigtime on gold. I will sell some, if not all when I feel it's reached it's peek............or trade it for silver, especially if the ratio is around where it is now!

Count

Not bad. I would add that that gold just hit the all time inflation adjusted high at $3509 just touching the old January 1980 inflation adjusted high of $850. One reason silver is lagging, and may continue to lag, is the portability and liquidity of silver in large quantities. Gold can be transported by plane and travels much more quickly than silver, which can only be transported by boat. If you can't move it, or move it fast enough, then you have to deal with paper.

Been waiting over a month for Rob to put out another video. This just out today.
This is part of what I call DD.


Count

Own physical. 

OK +3.53%. What's your take? $SLV

Going? Up, generally with volatility. Same opinion as yesterday. Fundamentals still in place, watch the news. Watch the dollar. What I am looking for is an interruption of Social Security payments, or somebody doing something stupid. Watch a lot of videos regarding latest news in Silver for ideas, more than anything else. Spend time doing your own DD. Don't follow me. LOL.

That's a stretch!!!! Apples and oranges.

Where is SLV going. You must have some opinion!!

Maybe. But a lot of it has historic value, like certain Sports Illustrated magazines. Draw your own conclusions.

You're mountain of paperwork isn't worth 2 cents in todays world. No offense. A number of years ago I got rid of all of my transportation books, I'm a former logistic manager, all those old books were just that old and outdated. Worthless in todays world.

So how does this help us make a decision on buying, holding or selling SLV? How high SLV going? Or, how low?

As you can see I said $34.00 a share. What are your thoughts?

Did you ever subscribe to Daniel Rosenthal's Silver and Gold Report ? I still believe somewhere in my mountain of old paperwork I have saved back issues from when I subscribed back about 1985-88 I believe.

I don't know of a link to what I know - consider it 'head knowledge'

But here's one - www.sprott.com

Silver bulls would think so.

How about a link?

If you look back on my many posts you would realize I own physical silver. Interesting story. A number of years back when looking for a new car, I tried to
use my silver for a down payment. Long story short not one of the dealers would even consider taking it. i tried my hardest to convince them
it was just like money. they all said they would accept cash however!!

It would seem to me if that was true the price of silver would be soaring.

Its like watching a slot machine go jackpot in slow motion. Make sure you got some pre-1965 90% silver dimes and quarters so you can buy a loaf of bread and jug of water when the wagon comes by every day, post-Trump apocalypse. j/k sort of.

And some of these vault managers and banks may have gotten caught having sold forward too much of their inventory, and may end up losing it and now have to go looking for replacement silver.

Most of these contracts go to traders, but some are industrial users. Industrial users are more likely to take delivery, but more traders and speculators are taking delivery now, with may put a strain on warehouses like the LBMA in London, Bank of Montreal, and others . China may be contemplating a squeeze buying up these vault holdings. Read everything about Sprott you can. Otherwise just Google it, ChatGPT it. I can't do much better than that. But I would say look for someone who would trade open leverage contracts, but be vely vely caweful.

Ok,so what is the bullion dollar question we all want to know. How high is SLV going to go?

MY guess, $34.00 The MM will let it run, just paper after all. Gold to silver ratio will catch up to normal levels

I don't think the physical silver is actually in their possession. That is why they can push out this paper.

It's all rigged for their benefit, as I see it. As one poster showed UBS thinks $38.00 dollar silver is coming. They would have a good idea as
they are a good sized outfit with international ties.

You claim you have 52 years experience so show us what you know. Let's tap into this experience please.

Each contract is worth 5000oz. Who buys these contracts? We see many of these pushed out to a future date.
How does that work? Do the banks have to actually have the physical to issue these contracts?
I'd love to know how this all works.

Thanks a bunch.

Count

I just don't grasp the motivations.
They must be sitting on kilotons of physical silver.

Read the history of my posts for all the information you need:

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174449059

The silver market prior to the markets opening this morning rose from 32.55 to over 33 dollars:

https://www.bullionvault.com/silver-price-chart.do

Once the market started tanking:

https://www.marketwatch.com/

People fled from the DJIA and NASDAQ to SLV to hedge.

While doing that they unknowingly created SLV and caused the price to LOWER.

The more of anything there is the less value it has.

They use SLV and GLD to control the prices of the metals.

BTW the dollar is not FIAT. The dollar is backed by debt:

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173559480

Read this followed by the replies.

It's not my job to teach the history of money or the metal markets. Do you really think that the people that created this system would not control the competing currencies? Do you not think that they owned and controlled all the metal markets PRIOR to creating the debt backed systems?

Who owns the bullion banks? Who created the federal reserve debt based monetary system?

He also thinks our currency is not fiat based. That should tell you everything you need to know lol .

Count

He dreams a bunch of stuff up and thinks that's how it works.

Lost me hereThere is a flight for safety into SLV and GLD. But they don't realize what they are doing to the price by doing so.

May deliveries right around the corner. Contracts are due:

https://www.cmegroup.com/markets/metals/precious/silver.volume.html

56015 x 5000 = 280,075,000 ounces of silver due for delivery in May

280,075,000 x 32.17 at time of writing = $9,010,012,750 in contracts due for May.

The price of silver last year May was appox where we are at right now.

In June last year they smashed the price down in the 28 range for July deliveries.

And remember that another reason the price of SLV and GLD is going down right now is because the market is down. There is a flight for safety into SLV and GLD. But they don't realize what they are doing to the price by doing so.

Here we go the big smash!!1 The market manipulators at work. Is this the buying opportunity before the move higher?

GET READY TO RUMBLE!!!!!

Silver is about to breakout. It's about time, WEEEEEEEE!

Get a bag of pre-1965 90% silver dimes and quarters - that way you can use a dime to buy a loaf of bread when the wagon comes by each morning.

UBS tells investors to buy silver amid Trump tariff turmoil
https://www.mining.com/ubs-tells-investors-to-buy-silver-amid-trump-tariff-turmoil/ $SLV

Thanks for your feedback Red. The digital reality is the one I'm trying to figure out. I do agree it is totally manipulated buy the banks
and controlled by them. This makes me feel like an ant in a sea of monsters. LOL

Thanks Red. Good stuff there. I'm a "buy-and-hold" as mentioned in the analyst report for AGQ.
Analyst Report
This ETF offers 2x daily long leverage to the Silver bullion, making it a powerful tool for investors with a bullish short-term outlook for silver. Investors should note that AGQ’s leverage resets on a daily basis, which results in compounding of returns when held for multiple periods. AGQ can be a powerful tool for sophisticated investors, but should be avoided by those with a low risk tolerance or a buy-and-hold strategy.

First thing I will say is this.

I believe that gold should be well over $10,000 per ounce and silver should be $1,000 per ounce

Remember that all the numbers that we believe are told to us by metal salesmen.

Gold to silver ratio used to be determined by the amount of silver removed from the ground while digging for gold. 15X more silver than gold.

Since the inception of the algorithm by Greenspan in the 80's and SLV/GLD the GtoS ratio is insignificant.

Here is the live chart I use:

https://goldprice.org/gold-silver-ratio.html

The reason that gold is outpacing silver right now is because silver futures contracts and mandatory deliveries of silver.

Here is another example if you use the amount of dollar creation compared to existing gold/silver reserves:

https://www.usdebtclock.org/

Dollar to silver ratio $1,104 per ounce
Dollar to gold ratio $8,550 per ounce

That is the ratio compared to dollar creation. That is closer to where the prices should be.

But since the implementation of the GLD and SLV markets, the prices can go wherever they allow them to go.

The banks hold gold on the balance sheets as an asset. As the price goes up on gold their balance sheet increases.
The banks have to deliver silver. The banks are contracted up to 1 year in advance for silver contracts.

I have shown you all this many times before. They WILL have to allow the price of silver to slowly rise. This will cause them losses. However they can offset those losses with gold profits.

They can slowly allow the price to rise and they can roll over, or create new silver contracts with higher prices. But they CAN'T allow the price of silver to explode. And they wont.

So there are 2 realities happening here.

There is the physical reality where there is an actual physical product. Gold and silver. And they mine those items and deliver them.

There is a digital reality that they use as a pricing mechanism for the gold and silver markets called SLV and GLD. SLV and GLD have infinite amounts of digits. They have the SLV and the GLD markets connected to their Algo that controls the pricing.

The silver squeeze 4 years ago proved that even if all the retail establishments and all the online dealers run out of physical silver the pricing mechanism will NOT allow the price of silver to rise. And as long as they have enough physical to fulfill their contracts it does not matter.

They can run this scam until all the metal is gone and they can still control the pricing via SLV and GLD.

If they wanted to they could smash the price of silver to 10 dollars per ounce. They could cause the GtoS ratio to climb to 500.

I have shown for years here that the delivery months and futures market is where it is at:

https://www.cmegroup.com/markets/metals/precious/silver.volume.html

The higher the bars the lower the price of silver. The lower the bars the higher the price of silver rises.

Contracts for delivery due on May, July, Sept, Dec, March

In the old physical reality we should all be selling our gold and buying silver. The ratio is all out of whack.

But in this new digital SLV GLD reality they can be whatever they want them to be.

It is all managed.

I am glad I got into AGQ when I did as I am reaping the rewards.

I am going to watch and see how high they let it go prior to May deliveries before I am back into ZSL.

Every metal stock moves the way SLV and GLD move. They all correlate. That is why I like to use the leveraged plays.

Use leveraged gold stocks if you want to play the gold market. This is not a definitive list, only a starting point. research.

https://etfdb.com/themes/leveraged-gold-etfs/

The markets only go where they allow/want them to go.

Good post. I agree

Hi Omar, the gold / silver ratio indicates silver should go higher. As that next poster said, they have some catching up to do.
Silver s/b in the mid thirty range,imo. Maybe Red can shed some light on that!!

The firm I'm with says GLDM is the play on gold. May be a bit late, unless the price continues its upward path.

re. "Anyone know of some gold stocks ?"
Yes. $GLD. But I'm here on this board due to the gold-silver ratio > 100.
Historically this ratio tracks between 50 and 70.
Any ratio > 100 tells two things:
(1) Recession indicator (people are dumping stock and buying gold.
(2) Silver has some catching up to do.

Pack10,




I like silver too, have a mountain of it, but gold making new highs lately, looks like over $3200 this morning. Silver can't even come close to their all time highs. Looks like AlwaysRed is right ! Anyone know of some gold stocks ? I loaded up with Provenance Gold as a speculative play.

Where are all the bulls for silver? I like physical because one can hold it in their hands and feel the wealth. Also, buying sivler is like
trading dollars to me.
Red, AGQ issues a K1, don't know why but I tend to stay away from for that reason.

You posted some information previously about National Standard Finance. We have a situation with them as counterpart.

Could we please get in contact?

You got the link working, but the video failed.

Video link failed. Here it is again:

I just bought a HUGE position in AGQ. Why? here is why:



We have all of April and through the month of May prior to May deliveries. The price of SLV just went below the 200 day moving average. The returns here will be great.

Look at that manipulation volume:

https://www.cmegroup.com/markets/metals/precious/silver.volume.html

Have not seen this type of futures volume since the squeeze.
Have not seen this type of SLV bargain since Covid when it got smashed to 12 dollars.

Will it go lower? Not sure. But I am sure the upside is better than the down.

Yeah.....Read the history of my posts. I've made a lot of people money here.

I've been hearing that Columbus discovered America for 52 years and that wasn't correct either.

I would give your post a 3 out of 10 as far as content. Most of it looks like you dreamed it up yourself. I have 52 years experience.

Think about Bitcoin. When Bitcoin rises or falls all cryptos move in the same fashion. They all follow suit. Because they are all derivatives of Bitcoin.

PSLV is a derivative of the silver market. All mining stocks are derivatives of the metal markets.

The reason I post on this board is because smart people will end up here knowing that SLV is the main manipulation tool for silver. Not PSLV not any mining stock not even PHYSICAL SILVER! SLV it the pricing mechanism.

There are a few manipulation tactics they use.

1) A computer algo that was created in the 80's by Alan Greenspan. It links all the markets together. The Dollar, the DOW, Oil etc. They are all connected.

2) SLV. SLV is the main culprit. The more SLV that is created the less value it has. They use SLV to manipulate the market.

3) SLV futures contracts. They use futures contracts, which determine the future price of silver, to control the price of silver so they can fulfill contracts at the contracted prices.

4) There are also entities that use naked shorts to manipulate the market. However that mechanism is outdated due to the power of SLV.

The physical silver shelves can be completely empty and the price of silver will remain the same due to the fact that SLV dictates the price of silver. The silver squeeze a few years ago proved that. No physical at any retail establishments or online and yet the price was controlled. Or what they called "Tamped"

There are endless digits to control and manipulate the price of SLV. Many of the same mechanisms are used to control GOLD. However gold isn't the same as silver. Gold is an asset to them. It is not industrially used and sold via futures contracts. The banks are liable to deliver at contracted prices. They use SLV to dictate/manipulate/control the price of silver. Period. Contrary to what your favorite metal salesman says...........

Look at what happened yesterday:

https://www.cmegroup.com/markets/metals/precious/silver.volume.html

They will use whatever tools necessary to not let the silver prices get out of control.

This is a video explaining how they controlled the silver market during the "squeeze" a few years ago:



This is the world we live in. Welcome to the party.

Coming silver squeeze? Why silver price at $250-$500 is 'entirely possible' – Eric Sprott
https://www.kitco.com/news/article/2025-03-06/coming-silver-squeeze-why-silver-price-250-500-entirely-possible-eric $SLV $PSLV