Evidence of Silver Takedown By The CFTC in 2021

In this week's SD Bullion Market Update, you can see and hear the head of the CFTC in his own words.

We highlight a clip from a March 18, 2021 interview with the CFTC head, cheerleading the takedown of silver prices in early February 2021 (i.e. fear-mongering CFTC tweets and COMEX silver price tamp down tools).

If you are a silver bullion bull from late 2010 into 2011, hopefully, you can find some dark humor in this image we use to begin this weekly video update embedded below. It might be one of my favorite self-deprecating silver bullion bull memes. 

Perhaps like me, you too were naive in judging the full weight or the gravity of what an exponential run in silver and gold values will mean in the grander scheme of geopolitical and US national security affairs.

If you will, underestimating the realpolitik of rapidly escalating precious metal values.

At the time, I did not understand profit-taking nor swing trader, nor debt market plumbing power dominance, or that nearly every secular commodity bull market has a severe retracement before the typical blow-off top-off overvaluation run.

Well, we are now passing 10 years, or a full decade since silver made a run at the seemingly ancient and still nominal price high of roughly $50 oz. 

We’re over halfway there now, showing real strength at a critical price threshold of $26 oz. And there is now enough fiat fuel in the monetary system to drive silver to triple digits down the line, never mind how much more fiat currency creation is to come.

This week, we’re gonna cover some of today’s players in the gold and silver game. 

Looking back briefly at 2011. And now, in early 2021. 

And even highlighting how some supposed public servants who purport to be the mere referees in the silver and gold price discovery derivative markets, how their words do not jive with their alleged roles. 

You’re not gonna miss this week’s update. As a matter of fact, you will likely want to share it with those who could also benefit from escalating silver and gold values to come.

Take great care of yourselves and those you love.

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James Anderson
James Anderson
Content Director

A bullion buyer years before the 2008 Global Financial Crisis, James Anderson is a grounded precious metals researcher, content creator, and physical investment grade bullion professional. He has authored several Gold & Silver Guides and has been featured on the History Channel, Zero Hedge, Gold-Eagle, Silver Seek, Value Walk and many more. You can pick up Jame's most recent, comprehensive 200+ Page book here at SD Bullion.

Given that repressed commodity values are now near 100-year low level valuations versus large US stocks, James remains convinced investors and savers should buy and maintain a prudent physical bullion position now, before more unfunded promises debase away in the coming decades.