More:
“How do you “decentralize” the SILVER market and FORCE “competition” on the Wall Street banks, who are controlling the precious metals system?
Something just happened and I don’t believe the timing is a coincidence.
Have you heard of the SILVER Act?
Submitted by Joe Lange:
“At today’s U.S. House Agriculture Committee oversight hearing, Commodities Futures Trading Commission (CFTC) Chairman Michael Selig today applauded – and pledged to assist the efforts by – two members of Congress who recently introduced the “System Integrity through Licensed Vault Expansion and Resilience Act” (SILVER Act). The SILVER Act (H.R. 8007): – introduced by Rep. Russ Fulcher (R-ID) and Rep. Mark Harris (R-NC) – seeks to address longstanding geographic limitations on approved depositories for precious metals tied to regulated futures markets.”
(CFTC Chairman to Examine National Security Risks from Concentration of Precious Metals Depositories in NYC)
The Trump appointed Commodities Futures Trading Commission (CFTC) Chairman Michael Selig, has vowed to help pass the SILVER Act, which approves precious metals “depositories” across the country, in order to take away Wall Street’s centralized control of the “futures supply.”
Yeah it’s like the New York diamond merchants. Try to set up a jewelry store of your own near them. Whoops
Coincidentally insiders have begun buying silver options at an eye-popping $900-$1,000 per OUNCE for December 2026 (current price is in the $80/oz. range). Very odd. It’s as if these insiders are positioning themselves for some sort of total economic collapse. Who knows! It doesn’t help that insider trading and market manipulation are all the rage these days.