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Bullboard - Stock Discussion Forum Discovery Silver Corp T.DSV

Alternate Symbol(s):  DSVSF

Discovery Silver Corp. is a precious metals company engaged in the acquisition, development and operation of assets. The Company’s flagship asset is its 100%-owned Cordero project, an undeveloped silver deposit, which is located close to infrastructure in a mining belt in Chihuahua State, Mexico. The key targets being evaluated include La Perla (10 kilometers (km) south of Cordero), Dos Mil... see more

TSX:DSV - Post Discussion

Discovery Silver Corp > Shanghai has been accurately predicting price movement.
View:
Post by BaldSilverHead on Apr 13, 2024 1:05pm

Shanghai has been accurately predicting price movement.

The LBMA will attempt to wag the tail but the China dog says Silver is going higher and they are a physical exchange. Fridays smackdown brings the West to East delta to $4.21. If China goes up on Monday am then Monday Silver price will erase this $1.45 Friday paper smack down on Monday. I don't know why this dynamic isn't getting more press.
Comment by Boreas7 on Apr 13, 2024 1:12pm
Because the press is on the side of TPTB, who manipulate the price.
Comment by dimitri4729 on Apr 13, 2024 2:35pm
I  haven't the slightest idea how we can free ourselves from this price manipulation.They've been doing it for years with great success raking in billions in illicit profits.People like this will fight tooth and nail to keep it going.
Comment by BaldSilverHead on Apr 13, 2024 4:10pm
Once the LBMA can't deliver its game over. That point is coming sooner than most think. The Silver Deficit is growing with growing demand. Draining the registered silver off the LBMA will be that " surprise" moment  . Up til 2021 the west had a good paper con game. I expect they'll do smackdowns near every Friday only to recover the following week.  Gold is 28% percent ...more  
Comment by spitfire191 on Apr 13, 2024 10:09pm
I'm trying to better understand this LBMA paper silver thing and when I search it on google, it seems, like you've said, this has been happening for a long while, and inventories have been dangerously low for a loooong time.  So trying to understand why is it different now - wouldn't they have had delivery problems in the past? thanks
Comment by BaldSilverHead on Apr 13, 2024 10:44pm
Inventories have not been low for a long time. In 2021 Silver started a deficit. And it's growing. People (sovereigns and wealthy families ) are now taking delivery and why wouldn't ya? You ship it to China and make 3 bucks. Yes I know shipping does cost and I'm thinking $3 differential doesn't drain register but $4.20 definitely will. In past the paper game worked great why ...more  
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