Index funds rebalancing

Good luck! I'm an old fart, conservation vs aggressive tactics is what's in the cards for me these days. I remember the crazy ole internet bubble days. I turned 5k into 50k in a matter of weeks. Then I gave it all back. Glory days!

 

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What that means is enough money to make all of your heirs downline wealthy enough to become useless bums only seen normally in Hollywood.

 

Selling pressure continues. I’ll get be back into SLV on the way down. Starting at $80

 

In the comments of a financial news article today, I found this interesting. This is not my words.

The price of silver has been overtly suppressed for a long time; price discovery still catching up. JP Morgan Chase was covering naked paper shorts on silver that began with its takeover of Bear Stearns in the aftermath of the Great Recession. They even paid a $920 million fine in 2020 for cheating the system, which was acceptable to them because profits still well exceeded the fine. However, the Comex and LBMA exchanges have since lost control of the silver price; JP Morgan has flipped positions, going long starting in Oct. 2025. Global trading is now taking place through the Chinese Shanghai exchange and elsewhere, bypassing the Comex and LBMA. Also, starting Jan. 1 2026, China began restricting its delivery of silver, affecting global supply because China is the #1 global silver refiner. Lastly, global demand has exceeded the global supply delivered by the mining of silver for over 5 yrs. now, despite there being an ever-increasing industrial demand due to the need for silver for microchips, solar panels, and a lot of other uses that demand the electrical conductivity of silver. Buyers are now demanding physical delivery, and suppliers can't keep up. Everything else is just noise. There still remains a significantly large upside.