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/biz/ - Business & Finance

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>> No.15256579 [View]
File: 911 KB, 1370x1016, silver supply and demand.png [View same] [iqdb] [saucenao] [google]
15256579

>>15256309
Funny your chart stop in 2007 because soon after the production worldwide started to decline at an alarming rate and many of the biggest silver mines stopped their activities because it's not profitable for them to mine with an ounce under 18$. Meanwhile the industrial uses for silver exploded with big tech needing it in basically any electronic device. The price was only able to be suppressed that much because of big banksters conspiring and producing more (((paper silver))) than for any other metal. Especially JPM and DB who worked secretly together on this, a huge trial will soon take place in the EU justice court for price manipulation of silver&gold and conspiracy.
JPM will be forced to admit they stacked 800+ millions oz of physical silver in secret vaults managed by the DoT since 2010, making it the largest holder worldwide in the history of mankind. They could never have stacked such ridiculous amount without depreciating heavily silver via aggressive quantitative easing.

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