The Last Hurrah for the Market Riggers

“Everything you’re witnessing is pre planned.

Everything you’re witnessing is orchestrated.

The real decisions are already made.”

~Lord Belgrave on X

Not a good week for my portfolio. The two assets I’m invested in (XRP and silver) both got hammered.

Ironically both assets are very similar in that their price is completely manipulated. It’s more obvious with silver as the paper price (the derivative) in London and the US says silver is $77.94 per ounce. However, if you walk into your local silver broker you will have to pay more than £100 (pounds not dollars) to tempt them to sell it to you. Also, Shanghai silver is selling at a $25 premium on the paper price in the west. We know that silver is massively in demand by industry as it’s essential for the manufacture of solar panels, micro chips, smart phones, electric cars, weapons etc. and we know that silver supply has also dried up and the silver miners will not mine it at the current (manipulated) price as there is no profit in mining it at that price. None of it makes sense unless you are a banker. It seems the rules of supply and demand no longer apply in this rigged market.

The main man on silver for me is Bix Weir who sent the following email out yesterday:

“Well the numbers are in and it looks like the REASON for the rise and then massive slam in COMEX Silver was the BAILOUT of at least part of HSBC's massive short position! The new Bank Participation Report for January 2026 shows Non-US Banks closed over 50Moz of Short positions in January while US Banks did the opposite by selling off 29M of their longs. US Banks are once again net short by over 25M ounces! Basically, HSBC was a Big, Big Loser at $120/oz Silver and in order to make sure a "Too Big To Fail" bank survived they were bailed out by the only bank that holds physical silver...JPMorgan!”

Also, on Friday, (it’s always a Friday!) the price of XRP was slammed down to $1.11. Interesting number! On the same day there were record inflows of capital into the XRP ETF’s. Another asset who’s supply is getting incredibly thin (only 1.7 billion XRP remains on exchanges according to 21 Shares) defying the laws of supply and demand as it crashed 27% in 24 hours.

For those of us who have been in crypto for a long time nothing surprises us any more. We’ve experienced crashes like this many, many times. And it is why it is so important to do your own research and know what you hold. The XRP community is one of the biggest and strongest in crypto as we’ve been through the mill but we know what we hold and nothing will shake us out. We know we are holding a once in a generation investment - a piece of the new financial system! Our time will come and I believe it’s coming this year. If it doesn’t though, that’s fine, I’m patient. It’s a just a matter of when not if.

The one piece of big news that came since my last newsletter a week ago is the release on the XRP ledger of permissioned domains which allows institutions to create payment and settlement flows which are private. This is incredibly important as institutions need to ensure their clients payments are kept private. I believe this could be the final piece of tech that needed to be rolled out on the XRPL prior to take off.

So how much XRP do you need to hold to become a millionaire?

Let’s say you have 10,000 XRP (nice round figure).

10,000 x $10 = $100,000

10,000 x $50 = $500,000

10,000 x $100 = $1,000,000

Is this realistic? Absolutely. I remember when Bitcoin was less than $1,000. It’s all time high is about $130,000

And XRP is far superior technology to Bitcoin. Plus XRP has real world utility that is disrupting the most powerful and profitable industry in the world. Banking.

I would say it is realistic that XRP goes to thousands not hundreds. But for me, $100 is realistic in the very short term.