The Main Reason Behind The Manipulation
The main reason for the almost 80 years of silver price supression is US military needs. Beginning with the use of silver for the Manhattan Project(because copper was needed for the war effort) up until present day, the military uses more silver for all the high tech, electronic weapon systems.
It explains why and how the banksters have gotten away with the price suppression and been assisted by the government and the regulatory agencies in doing so. Naturally, there is no direct public documentation because everything has been couched under the guise of national security and classified documents.
The banksters have been and continue to do, the governments bidding. They are allowed to suppress prices using derivative contracts and make billions of dollars in trading profits from their manipulation. It explains why only some minor employees were punished while the CEO’s and other top execs(JD for one) get a free pass despite being directly involved in financing the illegal activities of criminals like Bernie Madoff and Jeffrey Epstein.
It also explains why almost no-one in the silver industry from the Silver Institute, the mining companies and the Wall Street houses, takes this subject on directly. Many have probably been warned not to do so because of national security reasons. Some indirect players have been starting to talk about this issue but any real facts and figures are still a tightly guarded secret.
None of the major Western governments list silver as a critical or strategic material in their long lists of things that they consider important to their economies, despite silver being arguably, the most important material of them all. This has lasted for as long as it has, because of the strategic importance and secrecy involved.
What is changing, is the dwindling global inventories and the increasing awareness by the public. The draining of metal from the NY and London paper derivative markets, to the Indian, Chinese and Russian physical metal markets, is accelerating as global mine production declines or at best, remains stagnant.
2025 will likely see an end to the suppression and secrecy. How violent the price changes and dramatic the economic fallout from much higher silver prices, and significanly less availability of the metal, are likely to shock us all!
Great explanation.
Thanks