from Bix Weir:

SILVER RED ALERT: The Who, Why & How of the JAN 30th SILVER SLAM!

In 2021 the ex-Chairman of the CFTC, Chris Giancarlo” gave a speech about the US Government colluding to control the price of Bitcoin in 2017 which had risen to the high, high price of $19K. In this speech he gave up the Truth about the OFFICIAL price control mechanism for EVERY ASSET traded on EVERY MARKET. “Without shorts, a market has no pessimists. If you do believe it’s a ridiculous price but you don’t own, there’s no way to express that view. If you don’t have that derivative, then all you’ve got are believers and it’s a believers’ market.” So the US Government, at the time Headed by Donald Trump, approved Bitcoin Futures Contracts to be traded on December 18, 2017.

Basically, they created Fake Bitcoin to give the Treasury, Fed & Banking Cabal the ammo they needed to destroy the Free Market Trading of Bitcoin. The price of Bitcoin fell the very next day and kept falling until it hit $3,000 one year later. Here’s how the head of the CFTC saw it… “The CFTC staff handled it strictly on procedural grounds, but at the leadership level I communicated with Treasury Secretary Mnuchin and NEC Director Gary Cohn, and we believed that, should bitcoin futures go forward, it would allow institutional money to bring discipline to the value of the cash market,” Giancarlo told CoinDesk. “And that’s exactly what happened.” And the very last line of his speech…”I believe it shows the power of markets to bring discipline to prices.” Any questions on why the Silver price is crashing today?!