Silver getting crushed today

In the spirit of the 2nd amendment, where the goal was to arm citizens so they could defend against an overbearing government - which means that technically "right to bear arms" should include the same nukes and radioactive weapons the military has...

GET OFF MY LAWN!

 

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Now all of you are going Woo Woo in this thread...

 

CRUSH

 

And popped right back up! Gonna be another run into spring! At least that is my bet.

 

When it goes (if the manipulation can ever be overcome) it will go by dollars, not pennies. 30 plus if not more.

 

I don't think so Tommy. If the last couple years are a trend, it will see 20some again this year, and hold through the summer above 20. Maybe a bit more, but I can't see 30 yet.

 

You could be right my friend. Only time will tell but the massive manipulation has to end sometime. The bottom has to fall out sooner or later.

 

I'm confused. But the "Bottom falling out / from manipulation" are you stating that Silver should run up to $100/oz, or fall to $4/oz?

 

Yup, I saw that .... it's like Russian Roulette

 

From what I observe, the usual trend is low in dec, high in june or july. This makes sense as gas prices are usually low in the winter, (northern hemi), and high in summer (northern hemi), which effects production costs, which in turn effects supply. I try to buy in the winter, and I haven't sold yet, but can see myself selling some summer when the price is high. Lately I've been buying way below spot and intend to make some bars to sell at spot for 25% profit, or if silver goes up before june, even more.

 

I'm saying the price is severely manipulated and that we actually don't really know the 'true' price as it's never been allowed to go to its unrestricted price. I think it more likely to go up rather than down though since they seem to go to so much trouble manipulating it in the first place. Seems controlling the price from going up and killing their own interests is the more likely scenario.

 

Who is they?

 

But who knows, if America becomes great again, silver will be $2.50/tr within 4 years LMAO.

 

(here we go..) I don't know. 'They' being the price manipulators. The ones with the most to lose perhaps? The super wealthy?

 

That would be great for silver prices. We'd see $20,000/oz in a week. A loaf of bread would be $3,000+tax though.

 

What is the purpose of this nonsense? At least 40 of these 46 pages are pure speculative garbage.

 

You know... Them. The Ones who aren't, you know, "us". Because whenever something happens that we don't like, someone must be behind it, trying to make things as hard on us as possible, because we aren't one of Them.

I probably shouldn't be so snarky in an an otherwise-useful thread, but this notion that all "our" problems exist because of Them has led to... oh, never mind, it's all forbidden topics here.

My take: the silver market does what it does because of the combined needs and desires of all its participants. A few of the participants are large enough to vastly outweigh individual speculators. We don't have perfect visibility into their needs and desires, so sometimes market behavior surprises us.

But if it were completely predictable, it wouldn't really be much of a market, would it?

 

Isn't it a well known fact that silver is manipulated by a few rich folks? I heard of this thing called the fix, I don't know who sets it up, and I don't care, as long as it's a roller coaster, and you get on at the bottom, you can jump off before the top...