This 35 year Silver spot price chart displays the formation of what is known to commodity traders as an “Inverted Head & Shoulders Pattern”. The pattern is so huge that most will not see it, it’s so huge because of the extensive price manipulation that is going on behind the scenes, imagine a ball bearing in an elastic sling shot being slowing pulled back for decades and then being let go, or trying to hold down an inflated ball underwater and then letting it go. The result is a sudden high velocity movement upwards. This one will be stupendous, this Silver chart spells “Worm-Sign the like of which God has never seen.” Silver would have to rise to $300 Oz fast just to stay ahead of inflation, even as a common industrial metal, but Silver is much more than that, and it has already decoupled from the other commodities and is quietly tracking Gold. For a period of time a few months ago, Silver began to lead the Gold price, there was only one option for JP Morgan and the US FED, let the Gold price rise to take the heat out of the Silver market and then take the price down to $35, then cover short positions. Let me explain how that works and how one can benefit from the actions of JP Morgan and the US FED. The only way that JP Morgan can lower the Silver spot price is to sell large amounts of discount silver in the form of derivatives and paper and digital contracts into the market at a lower price, this pushes the price down. The silver contracts, which have no actual Silver behind them, are bought by subsidiaries of JP Morgan or associate companies or the US FED and JP Morgan themselves, just like shuffling papers round on their desks. They also have fraudulent investment vehicles like SLV which fleeces institutional investors and private investors, but who cares. The main point is the artificial lowering of the price of Silver and therefore the increase of the value of the “world’s reserve currency.” This process has created an ocean of fake silver, which exists in the form of a contract only, it floats around in a digital world or paper form from one desk to another or one computer screen to another and not one single physical once of Silver is behind any of these transactions. What we do have however is an artificially manipulated value, that is in no way indicative of the true fundamental value of Silver as a metal. Like I said just to keep up with inflation Silver would have to be $300 per ounce today, but we have serious Silver shortage, stockpiles around the world have depleted to extremely low levels. Consider also this chart of the 600 year ratio between Gold and Silver values:
Even more than that, nobody knows exactly how many actual physical ounces of Silver are now refined and above ground, it is calculated from existing in ground reserves that Silver will disappear from the earths crust in approx. 20 years, the first element to actually go extinct. Above ground reserves are estimated to be around 1 billion ounces, compare that to the 5-6 billion ounces of Gold. Do you see their PROBLEM!!!! A few puny little human bankers cannot stop the cosmic iron laws of nature, no, Nature is going to win and inbred human banking class is going to lose, so one wants to be on the right side of the equation, one wants to take advantage of the bankers loss and help out on the side of Nature.