Silver Market Corruption Ready To Blow Up The Global Financial System .

[luiza]

TOP LINE SUMMARY​

The Silver Market HQs are in New York ( CME) and London .
The latter has been unable to meet physical demand for several weeks .
Now New York is in terrible trouble .
SO ,
Many supposed binding contracts are covered by absolutely nothing .
The CME is close to bankrupt in terms of physical Silver availability YET deals in up to $ 11 Trillion worth of contracts ( all sorts) EVERY TRADING DAY
1000 Trillion ( a Quadrillion ) per year

Even JohnnyThicko can understand what happens when the Seller cannot deliver ordered goods and offers the buyer some miserable prommisory note for Silver to put into Missiles , Computers and thousands of other high tech , cutting edge products .

AND TRUMPFY KNOWS THIS, AND WILL FIDDLE AND CHANGE THE SYSTEM TO CANCEL DEBT AND USE GOLD AND SILVER AS THE NEW FINANCIAL SYSTEM TO REPLACE THE EXISTING ONE

​

​

How Silver Futures Trading Works​

The bulk of silver trading takes place on the futures market. The futures market consists of centralized exchanges where contracts are traded to buy or sell physical commodities at a predetermined price on a future date. The most popular exchange is the Chicago Mercantile Exchange or CME.

Put simply, silver futures represent a means of betting on silver by giving traders/ producers the option to buy or sell silver at a particular price in the future (hence the name futures). Specifically, every silver futures contract represents the right to buy or sell 5,000 ounces of silver.

Now, futures contracts expire every two months in the calendar year (January, March, May, July, September, and December). If a person who goes long a silver futures contract does NOT sell the contract prior to its expiration (or roll it over to a contract expiring at a later date), he or she will receive 5,000 ounces of actual physical silver for every contract he or she owns.

The current silver contract expires on March 27th 2026. And the last delivery day for physical silver is March 31st.

The current open interest for silver on the CME is 150,200 contracts. With each contract representing the right to buy or sell 5,000 ounces of silver, this means that the current open interest for silver represents 751 million ounces of silver
The problem with all of this is that according to the CME’s registry there are 440 million ounces of silver located in its depositories.

HOLY SHITE

Put another way, there is 1.7 TIMES the amount of actual silver the CME has stored in various depositories trading in the open market. So many of these contracts are in fact backed by NOTHING.

This is where things get dodgy.

If a significant portion of the current open positions in silver opt for physical delivery, there is a chance the CME would face a potentially systemic issue. After all, how do you explain that you were letting people bet on an asset that wasn’t actually there to begin with?
This is a MAJOR deal. When MULTIPLE interventions/ margin hikes don’t stop an asset from rising in value, it is clear the CME is losing control. And it has the potential to become a SYSTEMIC issue.

You see, the CME doesn’t just trade silver futures, it trades everything from bonds to stocks to commodities and more. The average daily notional value of CME contracts traded is $11 TRILLION, with the annual trading volume exceeding $1 QUADRILLION (1,000 trillions)!
HOLY WOW

So… if it turns out the CME is permitting trades WITHOUT actual assets backstopping them… then the door opens to a collapse in the CME as traders panic realizing that they couldn’t take delivery of the items they’re trading even if they tried.

INFO provided by Phoenix Capital Research and as featured in Zero Hedge---- real news for the awake .

 

[Oddball]

Now you know roughly how the Fed works.

 

[Manonthestreet]

If that happens will the price blow off or head south?

 

[JGalt]

TOP LINE SUMMARY​

The Silver Market HQs are in New York ( CME) and London .
The latter has been unable to meet physical demand for several weeks .
Now New York is in terrible trouble .
SO ,
Many supposed binding contracts are covered by absolutely nothing .
The CME is close to bankrupt in terms of physical Silver availability YET deals in up to $ 11 Trillion worth of contracts ( all sorts) EVERY TRADING DAY
1000 Trillion ( a Quadrillion ) per year

Even JohnnyThicko can understand what happens when the Seller cannot deliver ordered goods and offers the buyer some miserable prommisory note for Silver to put into Missiles , Computers and thousands of other high tech , cutting edge products .

AND TRUMPFY KNOWS THIS, AND WILL FIDDLE AND CHANGE THE SYSTEM TO CANCEL DEBT AND USE GOLD AND SILVER AS THE NEW FINANCIAL SYSTEM TO REPLACE THE EXISTING ONE

​

​

How Silver Futures Trading Works​

The bulk of silver trading takes place on the futures market. The futures market consists of centralized exchanges where contracts are traded to buy or sell physical commodities at a predetermined price on a future date. The most popular exchange is the Chicago Mercantile Exchange or CME.

Put simply, silver futures represent a means of betting on silver by giving traders/ producers the option to buy or sell silver at a particular price in the future (hence the name futures). Specifically, every silver futures contract represents the right to buy or sell 5,000 ounces of silver.

Now, futures contracts expire every two months in the calendar year (January, March, May, July, September, and December). If a person who goes long a silver futures contract does NOT sell the contract prior to its expiration (or roll it over to a contract expiring at a later date), he or she will receive 5,000 ounces of actual physical silver for every contract he or she owns.

The current silver contract expires on March 27th 2026. And the last delivery day for physical silver is March 31st.

The current open interest for silver on the CME is 150,200 contracts. With each contract representing the right to buy or sell 5,000 ounces of silver, this means that the current open interest for silver represents 751 million ounces of silver
The problem with all of this is that according to the CME’s registry there are 440 million ounces of silver located in its depositories.

HOLY SHITE

Put another way, there is 1.7 TIMES the amount of actual silver the CME has stored in various depositories trading in the open market. So many of these contracts are in fact backed by NOTHING.

This is where things get dodgy.

If a significant portion of the current open positions in silver opt for physical delivery, there is a chance the CME would face a potentially systemic issue. After all, how do you explain that you were letting people bet on an asset that wasn’t actually there to begin with?
This is a MAJOR deal. When MULTIPLE interventions/ margin hikes don’t stop an asset from rising in value, it is clear the CME is losing control. And it has the potential to become a SYSTEMIC issue.

You see, the CME doesn’t just trade silver futures, it trades everything from bonds to stocks to commodities and more. The average daily notional value of CME contracts traded is $11 TRILLION, with the annual trading volume exceeding $1 QUADRILLION (1,000 trillions)!
HOLY WOW

So… if it turns out the CME is permitting trades WITHOUT actual assets backstopping them… then the door opens to a collapse in the CME as traders panic realizing that they couldn’t take delivery of the items they’re trading even if they tried.

INFO provided by Phoenix Capital Research and as featured in Zero Hedge---- real news for the awake .

This sounds like one of those commercials on the telly I keep seeing..

"Buy gold now!! Buy silver!!! You can have your very own hedge against inflation! Buy today and get one free silver coin!!!

 

[luiza]

This sounds like one of those commercials on the telly I keep seeing..

"Buy gold now!! Buy silver!!! You can have your very own hedge against inflation! Buy today and get one free silver coin!!!

Sorry Salty old chap , but Jesus the Essene Monk used the same approach --- Buy now and profit later ---- and his naughty brother Donny the Trumpfy is much the same .

But only a fool would ignore what is happening now and why it is happening .

Market activity since Trump's insane rambling Davos address has been remarkable .
Instead of a fall back and consolidation for a few days we have had manic fresh PM activity .

At some point soon there must be a correction as suckers take profit but this Gold and Silver break out will run and run .

I sent myself to sleep last night listening to a podcast from an internationally respected voice showing how the ceiling for Gold could be $134000 an ounce .
And this guy has had 25 years and more of being a sober and much admired mainstream analyst and pundit .

Regardless , you need safe assets to use when they force down on us with digital IDs .
Otherwise you will become a Slave rather than just a Sheeplet .
But just me and imho --
Which new car shall I treat myself to tomorrow? Perhaps a speedboat although it is the wrong time of year here .

 

[luiza]

"Buy gold now!! Buy silver!!! You can have your very own hedge against inflation! Buy today and get one free silver coin!!!

Salty ,
The last time I bought several PMs at auction was October 28 .
They included a 1982 Canadian $50 dollar gold coin ( one oz) for which I paid £3120 gross .
Less than three months later it is valued at £4025 , a 29% increase and annualised at over plus 116% .
Now Bullion Vault have not one in stock to sell to anybody .
At any price
I first started buying this coin and South African Kruger Rands when they cost me just over £1050 .

Am not doing a Trumpfy and just boasting and gloating .
Rather , it provides a graphic illustration of what is happening and
the Great News.

It has barely begun .

 

[luiza]

This sounds like one of those commercials on the telly I keep seeing..

"Buy gold now!! Buy silver!!! You can have your very own hedge against inflation! Buy today and get one free silver coin!!!

Same applies to Silver , Salty -- the main subject of this topic
I started buying One Kilo Second Hand bars at about £500 each .
Now they cost just under £3000 each EXCEPT , Bullion Vault have none to sell anybody .

Just check their site if you have doubts .

 

[luiza]

If that happens will the price blow off or head south?

When Lisa Cook and Powell are blown away , Trumpfy will lower the basic rate to 1% and the Gold price will move up faster than you can even imagine .
Same for other PMs .

Could be as early as March and definitely by May .

 

[Toddsterpatriot]

TOP LINE SUMMARY​

The Silver Market HQs are in New York ( CME) and London .
The latter has been unable to meet physical demand for several weeks .
Now New York is in terrible trouble .
SO ,
Many supposed binding contracts are covered by absolutely nothing .
The CME is close to bankrupt in terms of physical Silver availability YET deals in up to $ 11 Trillion worth of contracts ( all sorts) EVERY TRADING DAY
1000 Trillion ( a Quadrillion ) per year

Even JohnnyThicko can understand what happens when the Seller cannot deliver ordered goods and offers the buyer some miserable prommisory note for Silver to put into Missiles , Computers and thousands of other high tech , cutting edge products .

AND TRUMPFY KNOWS THIS, AND WILL FIDDLE AND CHANGE THE SYSTEM TO CANCEL DEBT AND USE GOLD AND SILVER AS THE NEW FINANCIAL SYSTEM TO REPLACE THE EXISTING ONE

​

​

How Silver Futures Trading Works​

The bulk of silver trading takes place on the futures market. The futures market consists of centralized exchanges where contracts are traded to buy or sell physical commodities at a predetermined price on a future date. The most popular exchange is the Chicago Mercantile Exchange or CME.

Put simply, silver futures represent a means of betting on silver by giving traders/ producers the option to buy or sell silver at a particular price in the future (hence the name futures). Specifically, every silver futures contract represents the right to buy or sell 5,000 ounces of silver.

Now, futures contracts expire every two months in the calendar year (January, March, May, July, September, and December). If a person who goes long a silver futures contract does NOT sell the contract prior to its expiration (or roll it over to a contract expiring at a later date), he or she will receive 5,000 ounces of actual physical silver for every contract he or she owns.

The current silver contract expires on March 27th 2026. And the last delivery day for physical silver is March 31st.

The current open interest for silver on the CME is 150,200 contracts. With each contract representing the right to buy or sell 5,000 ounces of silver, this means that the current open interest for silver represents 751 million ounces of silver
The problem with all of this is that according to the CME’s registry there are 440 million ounces of silver located in its depositories.

HOLY SHITE

Put another way, there is 1.7 TIMES the amount of actual silver the CME has stored in various depositories trading in the open market. So many of these contracts are in fact backed by NOTHING.

This is where things get dodgy.

If a significant portion of the current open positions in silver opt for physical delivery, there is a chance the CME would face a potentially systemic issue. After all, how do you explain that you were letting people bet on an asset that wasn’t actually there to begin with?
This is a MAJOR deal. When MULTIPLE interventions/ margin hikes don’t stop an asset from rising in value, it is clear the CME is losing control. And it has the potential to become a SYSTEMIC issue.

You see, the CME doesn’t just trade silver futures, it trades everything from bonds to stocks to commodities and more. The average daily notional value of CME contracts traded is $11 TRILLION, with the annual trading volume exceeding $1 QUADRILLION (1,000 trillions)!
HOLY WOW

So… if it turns out the CME is permitting trades WITHOUT actual assets backstopping them… then the door opens to a collapse in the CME as traders panic realizing that they couldn’t take delivery of the items they’re trading even if they tried.

INFO provided by Phoenix Capital Research and as featured in Zero Hedge---- real news for the awake .

So… if it turns out the CME is permitting trades WITHOUT actual assets backstopping them…

No futures exchange has ever held enough actual assets to "backstop" every single trade.

Why is this instance going to blow up the financial system?

 

[luiza]

No futures exchange has ever held enough actual assets to "backstop" every single trade.

A doubtful assertion .
But Gold can sit there unused and even unseen if all agree it is the base measure for trading and everyone believes what they are told about amount of claimed stock in storage .

The same is not true for Silver as it is beyond a key product fo use in modern industry / technology .
Increasingly it is irreplaceable but unvailable in the required quantity for immediate use .

Once that is seen to be literally true ,hystria and panic will result and the biggest Crash imaginable will occur .
That is exactly where we are now .

The same situation applies to all Derivatives and that market is worth over one Quadrillion which is a thousand Trillion .
They are linked completely .

Imagine what you would do if you asked for what your Promissory note indicates you own and have paid for --- but find it is backed only by thin air and Trumpfy's grin and promises .
This is just around the corner and it could move us back as a species hundreds of years . Or more

 

[Toddsterpatriot]

A doubtful assertion .
But Gold can sit there unused and even unseen if all agree it is the base measure for trading and everyone believes what they are told about amount of claimed stock in storage .

The same is not true for Silver as it is beyond a key product fo use in modern industry / technology .
Increasingly it is irreplaceable but unvailable in the required quantity for immediate use .

Once that is seen to be literally true ,hystria and panic will result and the biggest Crash imaginable will occur .
That is exactly where we are now .

The same situation applies to all Derivatives and that market is worth over one Quadrillion which is a thousand Trillion .
They are linked completely .

Imagine what you would do if you asked for what your Promissory note indicates you own and have paid for --- but find it is backed only by thin air and Trumpfy's grin and promises .
This is just around the corner and it could move us back as a species hundreds of years . Or more

A doubtful assertion .

It's doubtful that no exchange ever held enough commodity to satisfy every traded contract?

But Gold can sit there unused and even unseen if all agree it is the base measure for trading and everyone believes what they are told about amount of claimed stock in storage .

Why would everyone agree?

The same is not true for Silver as it is beyond a key product fo use in modern industry / technology .
Increasingly it is irreplaceable but unvailable in the required quantity for immediate use .

How do you know what is needed for immediate use?

Once that is seen to be literally true ,hystria and panic will result and the biggest Crash imaginable will occur .
That is exactly where we are now .

I can imagine a pretty big crash. Silver isn't even in the top 20 causes.

The same situation applies to all Derivatives and that market is worth over one Quadrillion which is a thousand Trillion They are linked completely .

Why do you feel they are "worth" one quadrillion? Why is that bad?

Imagine what you would do if you asked for what your Promissory note indicates you own and have paid for --- but find it is backed only by thin air

Federal reserve notes aren't promissory notes. What did you feel they were backed by?

This is just around the corner and it could move us back as a species hundreds of years . Or more

All because of some "fails to deliver" for silver contracts?

 

[Bitterhook]

The actual value of anything is dependent on what someone is willing to trade you for it at the point of exchange.
Like regardless the actual value of a $10 USD bill, it can still get you an ice-cold bucket of Dos Eques longnecks in parts of Mexico.

 

[Manonthestreet]

A doubtful assertion .
But Gold can sit there unused and even unseen if all agree it is the base measure for trading and everyone believes what they are told about amount of claimed stock in storage .

The same is not true for Silver as it is beyond a key product fo use in modern industry / technology .
Increasingly it is irreplaceable but unvailable in the required quantity for immediate use .

Once that is seen to be literally true ,hystria and panic will result and the biggest Crash imaginable will occur .
That is exactly where we are now .

The same situation applies to all Derivatives and that market is worth over one Quadrillion which is a thousand Trillion .
They are linked completely .

Imagine what you would do if you asked for what your Promissory note indicates you own and have paid for --- but find it is backed only by thin air and Trumpfy's grin and promises .
This is just around the corner and it could move us back as a species hundreds of years . Or more

He didn't creat the problem if there is one....has probably always been this way

 

[JGalt]

Salty ,
The last time I bought several PMs at auction was October 28 .
They included a 1982 Canadian $50 dollar gold coin ( one oz) for which I paid £3120 gross .
Less than three months later it is valued at £4025 , a 29% increase and annualised at over plus 116% .
Now Bullion Vault have not one in stock to sell to anybody .
At any price
I first started buying this coin and South African Kruger Rands when they cost me just over £1050 .

Am not doing a Trumpfy and just boasting and gloating .
Rather , it provides a graphic illustration of what is happening and
the Great News.

It has barely begun .

My money's invested in copper, brass, lead, and land. In a total societal collapse (apocalypse), the immediate utility of food, water, and security makes tangible, functional assets like ammunition, tools, and medicine more valuable than gold or silver. While precious metals are strong hedges against economic crises, their value depends on a stable, trading society, making them potential "paperweights" in a doomsday scenario.

You can't eat gold or silver, you can't start a fire with them, and you can't eat them or drink them. And without a system of currency, their value would be questionable. Should the shit hit the fan, you can bet people would be more than willing to trade some of their shiny metal for a drink of water from my spring-fed creek and some fresh harvested deer, rabbit, or squirrel.

 

[Manonthestreet]

My money's invested in copper, brass, lead, and land. In a total societal collapse (apocalypse), the immediate utility of food, water, and security makes tangible, functional assets like ammunition, tools, and medicine more valuable than gold or silver. While precious metals are strong hedges against economic crises, their value depends on a stable, trading society, making them potential "paperweights" in a doomsday scenario.

You can't eat gold or silver, you can't start a fire with them, and you can't eat them or drink them. And without a system of currency, their value would be questionable. Should the shit hit the fan, you can bet people would be more than willing to trade some of their shiny metal for a drink of water from my spring-fed creek and some fresh harvested deer, rabbit, or squirrel.

Hope there's more than you trying to defend all that.

 

[JGalt]

Hope there's more than you trying to defend all that.

No, just some ammunition. Have you never had anyone throw a handful of ammo at you?

It hurts.

 

[Manonthestreet]

No, just some ammunition. Have you never had anyone throw a handful of ammo at you?

It hurts.

Mine is freeze dried which makes it mobile. Daughter has a fairly large dog to help with Security. probably would have to find like minded people to help with defense.....Walking dead is non-fiction.

 

[JGalt]

Mine is freeze dried which makes it mobile. Daughter has a fairly large dog to help with Security. probably would have to find like minded people to help with defense.....Walking dead is non-fiction.

Ya know, I've never watched a single episode of the "Walking Dead" series until a couple early mornings ago. I was watching the Daryl Dixon series where they ended up in a Spanish villa. In one scene, there were two young lesbians in bed swapping spit with each other.

I quit watching after that.

 

[luiza]

My money's invested in copper, brass, lead, and land. In a total societal collapse (apocalypse), the immediate utility of food, water, and security makes tangible, functional assets like ammunition, tools, and medicine more valuable than gold or silver. While precious metals are strong hedges against economic crises, their value depends on a stable, trading society, making them potential "paperweights" in a doomsday scenario.

You can't eat gold or silver, you can't start a fire with them, and you can't eat them or drink them. And without a system of currency, their value would be questionable. Should the shit hit the fan, you can bet people would be more than willing to trade some of their shiny metal for a drink of water from my spring-fed creek and some fresh harvested deer, rabbit, or squirrel.

Some merit, Salty .
Except every water source would be mob attacked and controlled in five minutes and any land growing food would be constantly targeted .
Particularly with Generals Luiza and Richard in charge locally

You need exactly what I said for bartering but with gang strength based on firepower and the will to use it ruthlessly .

People living out in the woods will be captured and set to work as slaves .

Back to the Stone Age and strongest gangs win .

Am looking forward to it .

BTW
Gold and Silver prices still climbing through the roof as we are near the end of the first hour of Friday trading .
The markets shut Thursday 22.00 hours and re - opened one hour later .
At this rate we hit 5000 for Gold this morning GMT with a sharp temporary correction to presumably follow .
Too much too quickly .
Chickens will sell .

 

[luiza]

He didn't creat the problem if there is one....has probably always been this way

If "He" refers to Trumpfy , I do not see the usefulness of trying to link present system changes to a specific person .

Regardless , the incredibly crucial role now held by Silver is a measure of its recent growing importance for so many industrial uses .
Particularlt cutting edge industries like computers and missiles .
A level and degree of importance that simply did not exist until comparatively recently and now a matter of huge national security .

As an example , just before the Madura Staged Event in Venezuela , China , Russia and the US all separately removed all their Silver stored there .
Never mentioned in the Fake MSM .