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SILVER CRASHING 4%

 
TIO JUAN
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09/29/2021 10:17 AM
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SILVER CRASHING 4%
[link to www.kitco.com (secure)]


WTF? Again?

Last Edited by TIO JUAN on 09/29/2021 10:17 AM
UNCLE JOHN
Copperhead

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09/29/2021 10:18 AM

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Re: SILVER CRASHING 4%
On sale.
ForexMajors95

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09/29/2021 10:18 AM
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Re: SILVER CRASHING 4%
5a

Monster box here I come!
FRANK & BEANS

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09/29/2021 10:28 AM
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Re: SILVER CRASHING 4%
I follow silver.

3.18.2019 was the lowest point it has been in a very long time at $12.03. On 3.24.19, it was $14.26 or a 16% gain in a span of a < week.

This year, it had a high of $29.42 on 2.1. It closed at $22.47 yesterday.
Mr. Bisby

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09/29/2021 10:30 AM
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Re: SILVER CRASHING 4%
This is because, for some bizarre reason, the Dollar Index is shooting up. Figure that one out.

[link to www.marketwatch.com (secure)]
Garufal

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09/29/2021 10:42 AM

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Re: SILVER CRASHING 4%
 Quoting: TIO JUAN


Buy the dips!
A epiphany I had watering my lawn one day.

"Karma is the universal judicial system that NOBODY is Immune from" -Me
battman

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09/29/2021 10:44 AM

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Re: SILVER CRASHING 4%
try to buy the physical metal. Hard to find and at $75 an ounce. The paper silver has always been very manipulated.
taternuts

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09/29/2021 10:45 AM
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Re: SILVER CRASHING 4%
Ah, you do know this is Paper Silver.

and it's the end of the month also.

be sure to buy the real thang for that price...weally.
Racer__X

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09/29/2021 10:48 AM
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Re: SILVER CRASHING 4%
This is because, for some bizarre reason, the Dollar Index is shooting up. Figure that one out.

[link to www.marketwatch.com (secure)]
 Quoting: Mr. Bisby


My gut feeling has been thinking that they're selling the ETFs (the fake silver) to manage the price down to as low as possible before they close the markets.

At that point, $21/oz or whatever the price is, will be the locked-in price. Selling will be illegal and if they find it, that's the price they'll give you for it.

** That said, metals (physical, delivered) are still the only viable investment today besides the property you're living in (and plan to live in forever) and the car you drive. You can always barter. And there will always be a black market somewhere.

Last Edited by Racer__X on 09/29/2021 10:52 AM
Racer_X
Shadow Dance

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09/29/2021 10:56 AM
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Re: SILVER CRASHING 4%
my dealer shows silver down 90 cents (gold almost $8) which seems very strange with the stock market tanking - it "normally" goes UP ... still not a loss for me

I have always made money on my PM ... because I hold it for years at a time ... still think it is the best way to protect your wealth - I seriously don't trust the banks - one day they will just close ... and they think whatever they are holding is theirs - to keep when push comes to shove


IMO paper PM are just that - PAPER ... and mining stocks are pretty much doomed as the locations are mined out ... so I'm gonna stick with my silver (Buffalo) rounds - even though I prefer the gold - silver is far more practical
Peter W Morgan

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09/29/2021 11:12 AM
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Re: SILVER CRASHING 4%
Silvertards you slide! charlie
In all seriousness though, if I could find 1000 1 OzT phizz coins at a price that reflects this ugly ass spot price it's beginning to look like an attractive buy, I may have to buy in before long. And that's coming from a certified Ag sceptic FWIW.
Peter W Morgan
SpeakerOfDarkSentence​s

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09/29/2021 03:37 PM
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Re: SILVER CRASHING 4%
Silver is also used for industrial purposes. And that demand is much greater than the demand for investment purposes. The crash in the silver could also be because of the laws of supply and demand, that too much silver is being produced relative to the industrial demand.
Silicon Jock

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09/29/2021 04:06 PM
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Re: SILVER CRASHING 4%
 Quoting: TIO JUAN


Dollar index is shooting up.
Revisionist

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09/30/2021 06:35 PM
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Re: SILVER CRASHING 4%
What’s the price need to be for the big banks to get out of their short positions? With Evergrande about to take the global economy for a ride it might be time to go long on silver at long last. This may explain silvers recent dip.
Living the gospel of Christ is an action not a thought.
Tubbs thae vax slayer

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09/30/2021 06:39 PM
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Re: SILVER CRASHING 4%
This is because, for some bizarre reason, the Dollar Index is shooting up. Figure that one out.

[link to www.marketwatch.com (secure)]
 Quoting: Mr. Bisby


investors pulling out of the paper markets makes the dollar go higher.
Is This The Real World Or Is It Just Fantasy.
REaliZe

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09/30/2021 06:42 PM

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Re: SILVER CRASHING 4%
Silver. Undervalued 400% but crashing 4%.
There's. A. H0le. In. The. Sky.





GLP