SILVER BREAKOUT! BANKS FACING BILLION$ IN LOSSES -- Bix Weir
SGT Report’s The Propaganda Antidote
SGT Report
4.6 • 1.3K Ratings
🗓️ 22 October 2024
⏱️ 63 minutes
🧾️ Download transcript
Summary
Transcript
Click on a timestamp to play from that location
| 0:00.0 | About 500 million ounces are held by the commercial side and of that 500 million there is by the top eight which |
| 0:16.4 | basically the bankers that's they own 54% I'm looking at the commitment of |
| 0:21.2 | traders report so 54% of the 500 million is what 250 |
| 0:27.6 | million anyway a slice it if if they're losing if less than eight bankers are losing 250 million for every dollar that silver goes up, |
| 0:36.7 | what's going to happen if it goes up $10 or $20 or $100? They'll be gone. |
| 0:41.6 | And these are too big to fail banks. |
| 0:43.0 | Hey friends, Sean from SGT report with a blockbuster update regarding silver. |
| 0:49.4 | Gotta tell you guys the breakout is here now Now the question is, are the banker's going to try to throw |
| 0:55.4 | tens of billions of ounces of paper at the market |
| 0:58.0 | to drive the price down because they're already short |
| 1:00.7 | hundreds of millions of ounces of physical silver. In fact a |
| 1:04.3 | handful of criminal banks are now facing billions of dollars in losses because of |
| 1:09.3 | those silver short positions and there's smoke coming from the |
| 1:12.5 | albMA and the comex and the whole world is starting to recognize |
| 1:16.7 | Wall Street, criminal banks, the jig is up. |
| 1:20.1 | Silver should be at about 400 bucks an ounce today. |
| 1:23.6 | Well, it will get there eventually. |
| 1:26.0 | The question is, do you hold any physical? |
| 1:28.8 | Before we start this one with Bix We're friends, just a quick word about our sponsor. |
| 1:34.0 | Guys, as you well know for centuries, gold has been ahead against market volatility, inflation, |
| 1:39.2 | and economic instability, and today it just hit a brand new all-time high slicing decisively |
| 1:45.7 | through 2,700 finishing the day at 2,736 dollars per ounce. Don't miss |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from SGT Report, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of SGT Report and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.

