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Bullboard - Stock Discussion Forum First Majestic Silver Corp AG


Primary Symbol: T.AG

First Majestic Silver Corp. is a mining company. It is focused on silver and gold production in Mexico and the United States. It owns and operates the San Dimas Silver/Gold Mine, the Santa Elena Silver/Gold Mine, and the La Encantada Silver Mine, and a portfolio of development and exploration assets, including the Jerritt Canyon Gold project located in northeastern Nevada, United States. It... see more

TSX:AG - Post Discussion

First Majestic Silver Corp > Force majeure slv - conspiracy theater fr' da conspiratorium
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Post by highper on Feb 14, 2021 6:51pm

Force majeure slv - conspiracy theater fr' da conspiratorium

This looks like a prelude to a confiscation of the silver in the silver etf…. I read this as a clause that will allow SLV to declare a force majeure for silver

and then set a price a price by which they can buy out their shareholders…. JP Morgan and the Fed would come up with the cash at a price much lower 
than the makett rate and then the SLV physical bullion would be used to bail out the bullion bank shorts on the comex… Bankers win … But it would 
all be done to preserve the financial system from a whack of speculators… that would be a laugh and a half…
 
and what would something like that do for the gold and silver price…. well the banker boys would have about 600 million ozs of silver to coner their shorts and then begin their
silver shorting scam all over again… provided they didn’t destroy the comex’s integrity all together.. their problem would be for a not all that many billions
of dollars a hungry horde of physical silver buyers could buy up 600 million ozs in the wink of an eye….
 
conspiracy theater from the conspiratorium
 
They noticed that SLV, the silver ETF, filed a new prospectus that included some startling language that was exceptionally frank. SLV has been in the spotlight because there have been growing doubts about how much silver it really owns, so the tweet fired up social media.
 
Here is what I believe to be the key new disclaimer:
 
SLV No Longer Needs To Track The Price Of Silver
In other words, the price of SLV is now whatever the managers want it to be. They are given a free pass to manipulate the price of SLV. They no longer need the ETF to track the silver price, and that is huge news.
 
https://kingworldnews.com/wheres-the-silver-serious-questions-emerge-as-slv-managers-look-to-cover-themselves/?utm_source=rss&utm_medium=rss&utm_campaign=wheres-the-silver-serious-questions-emerge-as-slv-managers-look-to-cover-themselves
 
Comment by highper on Feb 14, 2021 6:54pm
Force majeure slv - conspiracy theater fr' da conspiratorium this is what could happen when the comex price that is used to track the silver price for SLV and the price paid to buy the silver bullion diverge dramatically... The physical bullion shortage in london has led to an unprecedeted premium on 1000 oz silver bars... SLV won;t pay the premium out of their own pocket ...more