Reddit people buying up the silver this time

[konck]

Seems like they have another plan
Buying up the silver to drive the price up

[Crusherrr]

They are not buying up silver. They want silver to go down because CITADEL is big time owner of SLV.

The chinese are buying up silver

[hehfest]

It is true that the precious metals prices have been artificially kept down and silver would really probably be around $100 an ounce. You could go back and look through historical data to view it along with inflation. Somehow, inflation continued to go up, but silver stayed bottomed-out. Am I wrong about that? I might be. The same can be said about gold as well. I'm speaking about going back to the 80's.

Russia, China, other countries have been buying up gold and silver and they are/were/will drop the dollar as their reserve currency. To me, they know the "print green ink paper unlimited" was to manipulate their economies. So, I would have to think the decisions by these countries is for a good reason and that gold/silver is worth much more than those "fixed" market manipulators keeping them down.