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The Sean Morgan Report

The Silver War Continues. Bitcoin Pros and Cons.

The Sean Morgan Report

Sean Morgan

Qanon Posts, Coronavirus, News, Trump, Spirituality, News Commentary, Qanon, Politics, Qanon Decodes, Qanon Updates, Q Anon, Religion & Spirituality, Covid19

2.8690 Ratings

🗓️ 19 February 2021

⏱️ 30 minutes

🧾️ Download transcript

Summary

Get A Free Silver Consultation: https://sovereignadvisors.net/pages/seanmorgan/ Call Dr. Kirk Elliott at +1 720-605-3900 At the following link you can get a free account with 10 dollars of free bitcoin on the biggest platform in the US (Coinbase) where your crypto is fully insured. https://www.coinbase.com/join/morgan_0m You can also read the ebook I wrote about Bitcoin for beginners https://www.mediafire.com/file/nxkb8ipvh3auscc/CoinYou%2527s_Newbie_Guide_To_Bitcoin_%2528Free_Version...

Transcript

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0:00.0

Hello and welcome to the Sean Morgan Report. I am your host, Sean Morgan, and this is every single

0:07.6

Friday at 6 p.m. Eastern on American Media Periscope.net. Make sure that you support our sponsor, Dr. Kirk

0:15.8

Elliott, Ph.D. Economist with sovereign advisors. He can help you with acquiring precious metals like silver and

0:22.9

gold. And actually, that's the topic of today. The topic today of the report is the silver

0:29.0

squeeze and also about Bitcoin. Bitcoin's really big in the news lately. And so I wrote this article

0:35.1

on American Media Periscope.net called The Silver War Continues.

0:40.4

When the Silver Squeeze started, I wrote an article called The Silver War Begins, and now we have an article called The Silver War Continues, because we're really in the midst of an interesting play in silver right now.

0:53.7

For those of you who don't know,

0:55.2

a group of retail traders on Reddit,

0:57.9

were able to squeeze a hedge fund into near bankruptcy

1:01.1

by pumping up the GameStop stock to record highs.

1:05.5

And a similar story is developing in regards to silver.

1:09.9

And the same hedge fund called Melvin Capital is once again

1:13.2

finding itself on the opposite side of these retail traders because they are shorting a major

1:19.2

silver miner. And so these institutions like the government, like the banks, you know, they don't seem to want the price of silver to go

1:31.7

higher. Silver spot price, if it tries to go higher, it seems to be monkey hammered back down by

1:41.8

large short bets by these banks.

1:45.0

And this price suppression has been going on with silver and gold for many years.

1:51.0

But that might not be able to be continued anymore.

1:55.0

I'm going to show you a graph that shows you when these, when silver tries to rise, how it's a monkey hammered back down.

2:10.6

This is just a chart from a week ago, February, actually it's from February 4th, I think. And so here you can see it's just

2:22.0

plumbing along and then all of a sudden monkey hammered down. And then it's going along and then

...

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