Silver getting crushed today

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

  1. slackaction1

    slackaction1 Supporter! Supporter

    THAT DOG WONT HUNT.......
     
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  3. Clawcoins

    Clawcoins Damaging Coins Daily

    Better to own Silver today, than United Airlines stock ...


    of course the jump, seems to coincide with a couple tweets ...
     
    Last edited: Apr 11, 2017
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  4. SilverSurfer415

    SilverSurfer415 Well-Known Member

    Good, this gives me a chance to buy Dragon/Phoenix coin.
     
  5. desertgem

    desertgem Senior Errer Collecktor Supporter

    We do live in interesting and dangerous times. Another 'quickie' appears, so I wondered how many just hung tight, with hope, afraid to book a gain , or a loss later, how many sold a lot as they expect to buy it back very soon as before, or the optimists who are practicing their " Going to the moon or apocalypse , which ever comes first" :)
     
  6. Bman33

    Bman33 Well-Known Member

    It's almost recovered from the bizarre stuff that happened last week.
     
  7. losthomer

    losthomer Active Member

    Silver up 43c already. My wallet has stopped trying to jump out of my pocket.
     
  8. Lylelovett666

    Lylelovett666 Member

    These price shifts are nuts. Anyone have a theory?
     
  9. Bman33

    Bman33 Well-Known Member

    I think it's a crapshoot but I guess some people are talking about major sell offs, major purchasing, and shorting.
     
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  10. Clawcoins

    Clawcoins Damaging Coins Daily

    political uncertainty.
    tweets throwing uncertainty, which means a shift to PMs
    then when it drops you have the options people dumping.
    and just plain craziness.
     
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  11. Clawcoins

    Clawcoins Damaging Coins Daily

    let's see what today's holds for Silver ...
    [​IMG]
     
  12. sakata

    sakata Devil's Advocate

    Probably something to do with Panzerman's butterflies being on the move.
     
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  13. slackaction1

    slackaction1 Supporter! Supporter

    hung tight.. with hope...... no mooning here......
     
  14. Clawcoins

    Clawcoins Damaging Coins Daily

  15. InfleXion

    InfleXion Wealth Preserver

    This is nothing compared to 2011 or 2008, but there do seem to be some similarities with how tensions are escalating so that could change. The shot in the arm the dollar got from the recent election probably isn't going to last much longer with interest rates rising and budgets not being reigned in. I'm a buyer right now in spite of the minor price increase.
     
  16. abuckmaster147

    abuckmaster147 Well-Known Member

  17. InfleXion

    InfleXion Wealth Preserver

    Potential false flag in Syria, whether or not that is the case it is escalating geopolitical tensions to blame. Same as with Libya in 2011. Maybe things calm down, or maybe its time for the bull market to show up again. The downtrend from 2011 is about to run into the uptrend from 2000, after which we should see a decisive move one way or the other.
     
  18. abuckmaster147

    abuckmaster147 Well-Known Member

    Or I bet this could put a hurting on things also.:
    A lot of talk recently has centered on bringing manufacturing jobs back to the United States.

    While it’s true that the US has become much more productive in manufacturing over the past decade, it’s going to be tough to bring back massive jobs because of wages.

    According to Bloomberg, the average worker in the US makes $59,000 a year.

    In Canada, workers there make $48,000 a year.

    In Japan, workers make $36,000 a year.

    In Mexico, workers make $15,000 a year.

    Sure, financial adviser Rick Reagan says that some high tech manufacturing jobs can come back to this country.
     
  19. Santinidollar

    Santinidollar Supporter! Supporter

    All markets are acting scrambled this week, which isn't unusual for a holiday week (Good Friday). Bond prices up, metals prices up. Stock market down a bit. Some money being moved around.
     
  20. sakata

    sakata Devil's Advocate

    Are those mean or median values? It they are the mean then the US figure is probably skewed by all the multi-million dollar earnings of CEOs and entertainers.
     
  21. -jeffB

    -jeffB Greshams LEO Supporter

    Meh. There aren't that many CEOs or well-paid entertainers. (Even if you properly include politicians as "entertainers".)
     
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