Silver getting crushed today

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

  1. slackaction1

    slackaction1 Supporter! Supporter

    I like living where you get all 4 seasons.... that's the way it is.... in Mid Missouri
     
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  3. James S

    James S Low Mintage

    I understand I just love warm weather, the more of it the happier I am
     
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  4. BlackBeard_Thatch

    BlackBeard_Thatch Captain of the Queen Anne's Revenge

    Once below 50F and I'm out.
     
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  5. James S

    James S Low Mintage

    What gets me is seeing a guy in like a 40 below thick jacket with shorts and flip flops on.
     
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  6. sakata

    sakata Devil's Advocate

    That is what I spent most of yesterday doing. Lots of pots came into the house, a lot of herbs potted for the winter, and loads of stuff harvested from the garden and processed.
     
  7. -jeffB

    -jeffB Greshams LEO Supporter

    Huh -- I'm surprised you didn't get a freeze weeks ago. I guess my mental model of your location is off...
     
  8. LA_Geezer

    LA_Geezer Well-Known Member

    Me too... especially since the FAQ thread on numismatic acronyms has no mention of FRNs. Is it frequently recurring negotiations?
     
  9. LA_Geezer

    LA_Geezer Well-Known Member

    My wife and I get by on our SS entitlements, but just barely. Not one for crunching the numbers, I would agree with @Clawcoins on the price of gas today compared to whenever in the past, BUT there was a time not that long ago when I thought that price controls would keep a gallon of milk at or near $1.99; present day prices have it short of $6 by just a few cents around here. I would imagine people in the northeast have it even worse. Despite the ups and downs in PM prices, it is clear to me that by "investing" in savings for the 48 years of my working life paid off well for us. That would not be so without my own self-imposed savings begun in 1962.

    Like @Lemme Caution I practice constraint on coin purchases.
     
  10. sakata

    sakata Devil's Advocate

    We had a mild frost last week (around 30 degrees) so we were able to cover everything. Tonight is supposed to be 20 degrees. It has not really be that cold and we did not light up a fire this year at all until two days ago.
     
  11. Clawcoins

    Clawcoins Damaging Coins Daily

    Speaking of on fire ... or burning down .. silver
    20171110 1127am silver.gif
     
  12. CoinCorgi

    CoinCorgi Tell your dog I said hi!

  13. sakata

    sakata Devil's Advocate

    If that is not manipulation I don't know what is.
     
  14. baseball21

    baseball21 Well-Known Member

    So we’re back to the manipulation excuse now?
     
  15. abuckmaster147

    abuckmaster147 Well-Known Member

    Looks like a regular friday to me so far, If it gets below $16.49 I will preorder my panda's and maples.
    Has anyone seen a pre order for reg ASE's for 18
     
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  16. Clawcoins

    Clawcoins Damaging Coins Daily

    provident has the ASEs listed as "Coming Soon" but no preorder emails from any one yet.
     
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  17. CoinCorgi

    CoinCorgi Tell your dog I said hi!

  18. Clawcoins

    Clawcoins Damaging Coins Daily

    Yeah but Lithium in hand isn't as pretty as Silver or Gold.

    and since it's the "season" now ...



    but I prefer my stock purchased 9 mths ago now ...
    upload_2017-11-10_12-45-7.png
     
    Last edited: Nov 10, 2017
  19. sakata

    sakata Devil's Advocate

    It may not be pretty but it is the place to be right now. I'm making a killing by putting a decent portion of my portfolio in it. Pick a diversified group of lithium stock and you will almost certainly win over the next few years. I recently made over 100% in one of them and only held it for 12 days.

    I posted about lithium a few days ago: https://www.cointalk.com/threads/silver-getting-crushed-today.276936/page-139#post-2898702
     
  20. Clawcoins

    Clawcoins Damaging Coins Daily

    ==> https://www.bloomberg.com/news/arti...on-ounces-of-gold-trades-trigger-price-plunge

    excerpt from above link

    After 11:10 a.m. on the Comex in New York almost 40,000 contracts, each representing 100 ounces of the metal, traded in a span of 10 minutes. That triggered a sell-off, sending prices down as much as 1 percent to $1,274.20 an ounce.
    ..
    ..
    “We didn’t see any headlines, any news to make gold drop $10, but it just did,” Miguel Perez-Santalla, a sales and marketing manager at Heraeus Metals New York LLC, said in a telephone interview. “It’s going with someone who has a huge position that can trigger stops and make the market move in a direction.”

    if my math is right, that 4 million ounces of gold sold in 10 minutes
     
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  21. desertgem

    desertgem Senior Errer Collecktor Supporter

    For stackers, lithium could be licked when their PMs are getting a licking :)

    and metallic lithium is as shiny and pretty as silver. It is also light so you get more size per ounce, but there is tons of it in evaporated sea water plains. They extract lithium products from the Salton Sea area near here, as a by-products of geothermal, and it is a tough go to sell it and it is a waste material for the pipes and coolers. Li-ion batteries are the companies chant, but there is more than enough for that. Be cautious.
     
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