from King World News
The following back and forth took place regarding the Reddit Silver Shocker with one of the most respected CEOs that runs one of top performing silver companies in the world.
Reddit Silver Shocker
January 28 (King World News) – Chris Ritchie, CEO of SilverCrest Metals, sent the following communication: “Are you watching this Reddit stuff – now targeting silver ETFs.”
Eric King: “Yes. It will be interesting to see what comes of the public buying SLV. The question is, will it move the price of silver higher? So far the answer is no, as futures are trading down 24 cents near the $25 level. Remember, this is an options expiration week and the banks are trying to depress gold and silver prices in order to expire call options worthless. Meaning, banks may play games because they control SLV and like anything run by banks there is corruption. Wish the public was buying Sprott physical silver (PSLV). That would tap physical silver market really hard. Regardless, it will be very interesting to see where silver trades from here.”…