Matthew 6:19 Lay not up for yourselves treasures upon earth, where moth and rust doth corrupt, and where thieves break through and steal:
You've been warned
The Greatest depression is coming, are you ready?
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You've been warned
My Prediction -- next four months
OK, I am now going to go out on a limb and make a prediction. In the last 8 months the price of silver has doubled from $30 to $62 and it went through the resistance at $40 and $50. At this point there is no more resistance. Meanwhile the 8 big banks holding the short positions have lost $32 billion.
My prediction is that in the next 4 months the price will double again from $62 to $124. However, we are witnessing a short squeeze and once the dam breaks silver will surge past $124 virtually overnight. So my prediction and you can hold me to it, is that at some point in the next four months, could be this week, this month, or anytime prior to April 10th, silver is going to hit $124 an ounce or higher. Just so everyone doesn't misunderstand, one possible scenario is that 8 major banks will go bankrupt and the US dollar will collapse in which case silver could go up 100x only because the US dollar collapses and is worth 1% of what it is worth now. It is hard to know how long these companies can hold on before declaring bankruptcy. However, if they don't declare bankruptcy they are going to lose another $62 billion in the next four months.
China has shut the door on exporting silver and that accounts for 13% of the market.
OK, I am now going to go out on a limb and make a prediction. In the last 8 months the price of silver has doubled from $30 to $62 and it went through the resistance at $40 and $50. At this point there is no more resistance. Meanwhile the 8 big banks holding the short positions have lost $32 billion.
My prediction is that in the next 4 months the price will double again from $62 to $124. However, we are witnessing a short squeeze and once the dam breaks silver will surge past $124 virtually overnight. So my prediction and you can hold me to it, is that at some point in the next four months, could be this week, this month, or anytime prior to April 10th, silver is going to hit $124 an ounce or higher. Just so everyone doesn't misunderstand, one possible scenario is that 8 major banks will go bankrupt and the US dollar will collapse in which case silver could go up 100x only because the US dollar collapses and is worth 1% of what it is worth now. It is hard to know how long these companies can hold on before declaring bankruptcy. However, if they don't declare bankruptcy they are going to lose another $62 billion in the next four months.
China has shut the door on exporting silver and that accounts for 13% of the market.
INFLATION ALERT - Fed Cuts Rate to 3.75%, Money Printing Begins on December 12The vote was 9-3, a very high rate of dissent for the Fed. Regardless this is inflationary.
They are also going to be buying 40 billion worth of bonds each month. Clearly there is not enough demand to meet the increasing supply of US debt that needs to be purchased.
BREAKING NEWS - COMEX IS TRYING TO CRUSH SILVER PRICE LOWER
The Comex raises the rates on shorting silver, it starts at the end of today. That means this morning, one day only, a sale on shorting silver, hence the big sells. This also means that you will have much more people forced to cover their shorts starting at the end of today.
However, People holding paper silver will need to deposit more money. This might cause some to sell, but others might choose to stand for delivery.
However silver is up 24% in the last month so I doubt this will trigger any margin calls.
JPMorgan Just Flipped 750 Million Ounces | The $22 Billion Silver Betrayal Exposed
JP Morgan has flipped from being short silver to being long $22 billion worth of silver.
1. Physical supply of silver has dried up. Physical lease rates, the price to borrow silver in order to sell it short has spiked to 35%. This is because no one has any silver to loan out.
2. The amount of silver available on the Comex has dropped to 15 year lows while open interest on silver has exploded. For every ounce of silver available in the Comex there are 2.4 paper contracts claiming ownership of that silver. We are playing musical chairs, there are three people and one chair.
3. Industrial demand consumed 1.2 billion ounces in 2025 and it is increasing.
The US mint announced they can't find enough silver to mint silver eagles to meet demand.
This is from Claude.Ai
Samsung SDI's solid-state EV batteries do use significant silver. Here are the key details:
Silver Content: Samsung's researchers proposed utilizing a silver-carbon (Ag-C) composite layer as the anode, with the ultrathin layer measuring just 5 micrometers thick Samsung. Each battery cell incorporates approximately 5 grams of silver, translating to 1 kilogram per 100 kWh vehicle battery pack Discovery Alert.
Market Impact: At current silver prices around $1,071/kg, this adds $1,071 to material costs per vehicle Discovery Alert. However, the more dramatic impact would be on silver supply: if 20% of the 16 million EVs produced yearly adopted this technology, silver demand would increase by 16,000 metric tons—representing 62% of current supply Discovery Alert (global silver production is approximately 25,660 metric tons annually).
Technical Purpose: Samsung's ASSBs use a silver-carbon layer as the anode and a nickel-manganese-cobalt material for the cathode Metal Tech News. The silver-carbon composite addresses dendrite formation issues that plague traditional lithium metal anodes, enabling higher energy density and improved safety.
Given your interest in silver markets, this represents a potentially significant new industrial demand source if Samsung successfully scales production by 2027 as planned.
There are people complaining about how the Comex has responded of late with the shutdown of the market and then the big short positions attempting to manipulate the market, and this most recent raising of margin requirements.
I have a different take on this. If you see a steel pillar holding up a building that then collapses under the weight you will see it deform before giving way. This is simply the market deforming under the weight of decades of manipulation.
Once this happens the steel beam is much weaker. These actions are causing it to lose the full faith and trust of the market.
There are two possible outcomes at this point. You can shore up the beam with a second beam. Very expensive, and very difficult to do. Or else you can evacuate the building and either tear it down or it will collapse on its own. In order to evacuate you must close out your position, and for many that will mean taking possession of the physical silver. If they are unable to deliver the Comex collapses.
I have a different take on this. If you see a steel pillar holding up a building that then collapses under the weight you will see it deform before giving way. This is simply the market deforming under the weight of decades of manipulation.
Once this happens the steel beam is much weaker. These actions are causing it to lose the full faith and trust of the market.
There are two possible outcomes at this point. You can shore up the beam with a second beam. Very expensive, and very difficult to do. Or else you can evacuate the building and either tear it down or it will collapse on its own. In order to evacuate you must close out your position, and for many that will mean taking possession of the physical silver. If they are unable to deliver the Comex collapses.
Now they have set the stage for the government to seize silver held by citizens in the US. According to the law they have designated Silver a critical mineral and according to the law during war time they can seize critical minerals necessary for war. Silver is clearly necessary for war as they put about 1 kg of silver in each of our missiles.
And clearly we are on the brink of war with Russia, Venezuela, and China.
First they will need a crisis which is what happened when they seized gold from people.
Now it is ridiculous to try and hide any silver you own. The elites who are in power are well aware of hiding and lying about it, that is how they got into power. Also the ability to track purchases is much, much better now than it was when FDR was president. They will have a list of every ounce you have. This isn't simply my guess, the Bible says that the silver and gold will be cast out into the street.
Welcome to the machine.
And clearly we are on the brink of war with Russia, Venezuela, and China.
First they will need a crisis which is what happened when they seized gold from people.
Now it is ridiculous to try and hide any silver you own. The elites who are in power are well aware of hiding and lying about it, that is how they got into power. Also the ability to track purchases is much, much better now than it was when FDR was president. They will have a list of every ounce you have. This isn't simply my guess, the Bible says that the silver and gold will be cast out into the street.
Welcome to the machine.
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