Silver getting crushed today

Discussion in 'Bullion Investing' started by Soiled, Apr 1, 2016.

  1. Bman33

    Bman33 Well-Known Member

    For the roll of 90% quarters I was going to buy tonight at my coin club yes! I might bring my checkbook to work with me so if it really dips I'm ready to buy online!
     
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  3. Dynoking

    Dynoking Well-Known Member

    If only I could predict the markets... if only...
     
  4. Dynoking

    Dynoking Well-Known Member

    Who (else) got skunked out of Ampexs' "4 hour flash sale" (tube of 20 x 1oz silver rounds in or 100oz bars secondary market) at .49 over spot?
    -Me, both hands raised...
    At 2 PM bars only, rounds sold out.
     
  5. TommyP

    TommyP BS detector

    Politics aside, I'd say the volatility has much to do with our current leader. I'd stock up on PM's and crack a beer and wait for the inevitable crash. Just my opinion though.
     
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  6. Clawcoins

    Clawcoins Damaging Coins Daily

    That sale started at 10:10am for 4 hrs
    I remember getting the email
     
  7. Bman33

    Bman33 Well-Known Member

    I'm on your same line of thinking, I believe it's a good time to stack and silver and gold are not that high right now.
     
  8. Bman33

    Bman33 Well-Known Member

    And we got a spike today. Thinking of pulling the trigger on a tube of 2017 ASE's for $399.

    silver Jan 27.gif
     
  9. -jeffB

    -jeffB Greshams LEO Supporter

    ...but gold is a lot more subdued. Odd. Something to do with the saber-rattling back and forth across our southern border?
     
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  10. Bman33

    Bman33 Well-Known Member

    No clue. Whenever I track Silver the Song "Crazy Train" by Ozzy Osbourne goes off in my head.
     
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  11. Clawcoins

    Clawcoins Damaging Coins Daily

    The problem with the spikes, most of them recover back to where they were at, up or down.

    That's a 45 cent spike from it's runup!
     
  12. abuckmaster147

    abuckmaster147 Well-Known Member

    My problem is I always think it will go lower and not buy then stuff like today happens.
     
    SilverMike likes this.
  13. longnine009

    longnine009 Darwin has to eat too. Supporter

  14. Clawcoins

    Clawcoins Damaging Coins Daily

    This is a very interesting comparison from today.
    SILVER
    [​IMG]

    and GOLD
    [​IMG]
     
  15. TommyP

    TommyP BS detector

    Yup. Confidence has to crash soon with the 'potential' unrest created by what is in office. To me, the whole system is a house of cards anyway. Can't be too much longer until it falls. The system is based on nothing but made of debt, fake value and overblown greed. It has to explode and I'd think sooner rather than later. It can't keep going, it just can't. Manipulated markets and creative book keeping only goes so far and the middle class is getting crushed. That can't be good long term. Smoke and mirrors, in my opinion. Buy silver!! Just a matter of time before the whole crazy system goes kaboom. Lots of people gonna be diving off building rooftops soon I'm afraid. I think we're seeing the last hoorah in the upscale activity these recent days. People actively acting crazily in haste. Gotta evaporate into the cloud of dust that it actually is soon.
     
    Last edited: Jan 27, 2017
    Bman33 likes this.
  16. Gilbert

    Gilbert Part time collector Supporter

    The pundits claim the upward price movement was due to VW coming out with a new front windshield that incorporates a layer of silver in the laminated glass that will make defrosting superior to the technology presently in use.
     
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  17. desertgem

    desertgem Senior Errer Collecktor Supporter

    I don't believe that one can overlook that metal markets, and also other commodities are similarly manipulated and have the same book keeping and people. To just buy precious metals aggressively, puts one in the same predicament as a few years ago when metals rose and middle class paid prices many times above its financial value. You have to have other stores of value other than just metals. IMO. Jim
     
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  18. TommyP

    TommyP BS detector

    Well Germany hates the administration now so I guess that matters?
     
  19. TommyP

    TommyP BS detector

    True, no doubt. But what? Do you buy smoke or mirrors?
     
  20. -jeffB

    -jeffB Greshams LEO Supporter

    It has been for nearly as long as I've been alive, and at this point, that's a pretty long time.
     
  21. desertgem

    desertgem Senior Errer Collecktor Supporter

    For $360 you can have a wafer thin invisible layer of silver. I would guess less than in a US old dime. If it as reflective from the outside as they show, it wouldn't be legal in states, that don't allow tinting on windshield except at the very top.
     
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