Silver getting crushed today

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

  1. NorthKorea

    NorthKorea Dealer Member is a made up title...

    It also requires that your enemy have enough power to destroy you. In this specific case, without the threat of China stepping in, the DPRK doesn't have enough sheer firepower to destroy the US. If anything, we could call it, PAD (Personally Assured Destruction) for the Korean Peninsula.
     
    longnine009 likes this.
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  3. ddoomm1

    ddoomm1 keep on running

    Very true, I guess I am just surprised at how fast winter left and the warmer weather has arrived
     
  4. losthomer

    losthomer Active Member

    For some perspective, this thread was started just over a year ago (April 1, 2016). Silver was getting crushed at $14.90 then.
     
    Bman33 likes this.
  5. Santinidollar

    Santinidollar Supporter! Supporter

    For some more perspective, a year is an eon in investments. Totally different economic and political scenes. Look back a year and it is nothing short of amazing.
     
  6. V. Kurt Bellman

    V. Kurt Bellman Yes, I'm blunt! Get over your "feeeeelings".

    As ex-wife #2 was prone to say, "Hide and watch."
     
  7. V. Kurt Bellman

    V. Kurt Bellman Yes, I'm blunt! Get over your "feeeeelings".

    I just buy and sock away certain ASE's; I don't follow the market. Are the 2016 lettered edge BU non-proofs doing anything? I figured it would eventually be a semi-key.
     
  8. losthomer

    losthomer Active Member

    What ever it cost to get rid of them was probably worth it.
     
  9. V. Kurt Bellman

    V. Kurt Bellman Yes, I'm blunt! Get over your "feeeeelings".

    Amazingly cheap. I handled my own second divorce pro se.
     
    slackaction1 likes this.
  10. Bman33

    Bman33 Well-Known Member

    I know this is the silver thread, but I hope they both tank so I can get some more Gold!
     
    SavageFountain likes this.
  11. V. Kurt Bellman

    V. Kurt Bellman Yes, I'm blunt! Get over your "feeeeelings".

    I hope they both keep tanking always.
     
  12. Clawcoins

    Clawcoins Damaging Coins Daily

    PMs are tanking alright !!
    [​IMG]
     
  13. Clawcoins

    Clawcoins Damaging Coins Daily

    oops, wrong chart. Guess they're staying steady a bit
    [​IMG]
     
  14. Clawcoins

    Clawcoins Damaging Coins Daily

    It's time for a Revival .. just not today ...
    ..
    [​IMG]
     
    Last edited: May 3, 2017
  15. V. Kurt Bellman

    V. Kurt Bellman Yes, I'm blunt! Get over your "feeeeelings".

    Wait, did somebody say REVIVAL?...

    revival-crowd.jpg

    Can I get an "Amen"?
     
    slackaction1 likes this.
  16. Bman33

    Bman33 Well-Known Member

    I said I hoped it tanked and well it is.
     
  17. tken1950

    tken1950 Member

    • 5-3-2017 1020 hrs Central time
    • Gold
      1,250.30-6.70 (-0.53%)
    • Silver
      16.56-0.27 (-1.61%)







     
  18. slackaction1

    slackaction1 Supporter! Supporter

    still in timeout.....but lurking.....u guys r killin me
     
  19. Speedbump

    Speedbump Not a New Member

    Premiums are going to start creeping up is this down trend holds.
     
  20. V. Kurt Bellman

    V. Kurt Bellman Yes, I'm blunt! Get over your "feeeeelings".

    Absolutely. There are two rational dealer responses to a down market when they've bought inventory too high - withdraw (short term) or raise premiums and cuss a lot.

    That 30-day spot silver chart is just getting ugly. Looks like my favorite childhood sledding hill.
     
  21. ddoomm1

    ddoomm1 keep on running

    Random Q:

    Is there a particular time of the day that you recommend buying silver at? Of course, one could say whenever the prices are at the lowest, but does it make sense to wait until the NY markets close? Or just as they open? Or wait if some significant report is released mid-day?
     
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