Authored by J. Kim of skwealthacademy substack
Yes, I know that we've been told that we can square up against the banking cartel and force their hand in the PM manipulation game by squeezing their hand in silver numerous times before, with silver investors sorely disappointed with the consequences each time we've banded together to attempt this. But I'm here to tell you why, this time, circumstances are really different despite the scepticism that rightfully surrounds such a claim this time around. I've written this article to explain why the false belief that we should never try to do anything because we are powerless to affect positive change plays exactly into the hands of the Ruling Class. I’ve spoken numerous times before of how we are all failing one another by remaining disjointed in our battles against the ruling class. In our battle to liberate silver prices, I will present a few graphics below that demonstrate, at just a 5-second glance, how easily we could defeat the Ruling Class’s silver manipulation machine if only we actually would support one another. But since the Ruling Class has been so successful in dividing us over the past few decades, convincing many more of us to tear one another down rather than to uplift one another, our common goal of unity is much easier spoken than accomplished.
By now, all of you should know that silver prices are completely controlled in London and New York paper derivative markets and that global silver physical supply and demand have very little influence on setting silver prices at the current time, though it does serve to set a floor on how low Bankers can manipulate silver prices. For example, in 2022, demand outweighed global silver supply by about 238M AgOzs, according to the Silver Institute, which was the largest deficit on record in decades.
for a clearer, larger graphic of the above, click here
This followed a silver shortage supply of 51M AgOzs the prior year and is expected to be followed up by deficits in coming years as well, including another projected global silver supply deficit of about 142M AgOzs this year. These consecutive annual global silver deficits now being met by above ground silver stocks, but this has had the effect of wiping out above ground stocks built up over the past decade.
To illustrate what this looks like in pictures, look at the London Bullion Market Association (LBMA) silver vaults that underpins its paper derivative and physical silver market trading. As of May 2023, the LBMA reported 26,395 tonnes of silver (a 0.2% increase on previous month), or 848.6 million AgOzs. But as you can see, just a mere two years ago, the LBMA had more than 1.18 billion AgOzs vaulted in its warehouses.
And the Comex silver warehouses have also been hemorrhaging silver. A little over two years ago, in March 2021, COMEX vaulted more than 131.6M AgOzs of registered silver and a total of 389.8M AgOzs. Today, only 32M AgOzs of registered silver remains, with a total of 267.9M AgOzs.
for a clearer, larger graphic of the above, click here
However, the more important data point to note is the decrease of nearly 100,000,000 ounces of registered silver as this is the silver that underpins the trading of paper derivative silver contracts that bankers use to suppress silver prices as all registered silver have warrants issued against it that represent a physical claim. The other eligible silver category that comprises the supply that contributes to the total silver supply is mostly irrelevant because that comprises physical silver that is merely stored at COMEX warehouses by private/institutional investors but may or may not be eligible to meet paper derivative silver contracts that request physical delivery.
But it seems that even private/institutional investors that own physical silver in both categories are finally waking up, as I stated years ago only the extremely naive that have misplaced trust in banking institutions would not immediately load out the physical silver they had chosen to store in COMEX warehouses. And though eligible silver has decreased by 22.2M AgOzs in the last two years and three months, as I stated above, those that asked for physical delivery of paper contracts have loaded out nearly five times as much, or 100M AgOzs in the past two years.
Thus, even though the London vaults still hold three times more silver overall than New York vaults, the current total of 858.6M AgOzs and 267.9M AgOzs of 1,12B AgOzs is not that much, especially since the 331.4M AgOzs that has disappeared from London vaults in the past two years is more than the total of ALL silver vaulted in New York at the current time. Thus, it is quite evident that a physical buying spree among all global citizens in physical silver (bars and coins), especially at such affordable buying prices right now, could completely empty out the remaining eligible silver in New York quite easily (as again, considerable supply of the “eligible” supply is likely privately owned and can not be converted into registered supply with attached warrants).
Currently, the combined populations of just four nations in the Americas – the US, Canada, Mexico and Brazil – is 721.6M.
If just 10% of the population of these four nations committed to buying just 10-ounces of silver in the form of two 5-ounce bars that sell for about $140 a piece now, this act, that would not even require a $300 commitment per person, would remove 721.6M AgOzs of inventory from the planet and scare the bejesus out of the global MIBC’s confidence to suppress silver prices.
Though obviously this inventory would not all come from New York, this amount is more than 3Xs the amount of ALL the eligible remaining silver inventory in New York. Also, recall that last years global silver supply deficit of 238M AgOzs was one of the worst in decades. If a very small act of unity among 10% of the population of four nations in the Americas happened, this would make the global supply deficit one of the worst likely in the last fifty to hundred years and would put a serious strain on the banker silver manipulation and price suppression scheme. And imagine the squeeze we could execute on the silver price suppressing banker criminals if 10% of other nations with massive populations in the billions, like India and China, also partook in this scheme as well? But this is what I mean by unity. This will literally take tens of millions of us to achieve this, so it won't be easy, but it would not necessary be all that hard either if someone reading this found a way to make this post go viral. Thus, if you have any friends in Asia, especially since they are far more likely to partake in this scheme than in the West, please share this idea with them as well.
Even one person with the resources of Elon Musk could easily place a serious strain on the global banking cartel’s efforts to keep silver prices suppressed right now due to the above situation, similar to the attempt of the Hunt Brothers to do so in the early 1970s. Of course, everyone knows the infamous story of the Hunt Brothers’ failure to corner the silver market and seize power from the Bankers, but despite the exponential rise of the Bankers’ use of derivative products to manipulate silver prices since then, the key to underpinning this massive manipulation has always been adequate physical supplies and the absolute ignorance of the masses. In this regard, today is a completely different world from the 1970s in which a similar attempt of the Hunt Brothers executed today would have a much greater chance for success, especially given the much greater global de-dollarization process that is occurring right now than as reported by the mainstream Military Industrial Banking Complex controlled media. I know we are all tired of hearing "it's different this time", but those of you that have followed my publications since 2006 know that I've never before expressed this type of optimism before about an opportunity to break the back of the Banker Price Suppression Scheme. If Redditors could squeeze Gamestop and AMC's share price and win a battle against the giant US hedge funds, no one should believe that this idea is impossible to execute.
The banking cartel has provided us with a massive opportunity to strike back, using very little of our resources. I’ve more than done my part this past year in this regard. If we could only find it within our souls to begin cooperating with one another, by sharing this article with all of our friends and family, by asking them to buy as many ounces of physical silver (either in bars and coins) that they can right now at a massively suppressed paper price of $22.65 as I type this sentence (that is bound to serve all well who participate in this scheme over the next 12 to 18 months), we could work to free silver prices from the rot to which immoral bankers subject it.
We have the power to do something about it right now. But we can only win this battle if we all unite and start fighting back instead of wallowing in self-pity as the bankers have instructed us all to do and have actually convinced the majority of us to do. It’s time to mobilize, unite, fight back and strike while they are vulnerable. And they are vulnerable right now. In martial arts, we always press on when we have an advantage. When we knock our opponents down, we swarm them and choke them out. The banking cartel, in terms of silver, have fallen on their own. But like the killer in horror movies, they will keep getting back up unless we unite to choke them out for good.
Consequently, all of us must ask ourselves this pressing critical question if we are sincere in our desire to free ourselves from the grasp of the Military Industrial Banking Complex while we have the upper hand:
Are we willing to do our part and buy $300 worth of physical silver right now. And because this is not enough, are we willing to request all of our friends, family, co-workers and acquaintances do the same?
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