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<p>[QUOTE="goldcollector, post: 3957677, member: 9088"]Ok so we have the silver side version now here is the truth. It was April 15 to 16 by the way.</p><p><br /></p><p>First 9% and 11% are not an "equal hit". Second silver fell from $27.40 to $23.54 which is $4.16 not $3 and it was an over 15% fall not 11%. Gold fell from 1483 to 1367 on that day losing 116 which is less than 8%.</p><p><br /></p><p>So it wasn't 11 vs 9%, it was over 15% vs under 8%. Silver took nearly double the drop. Hardly an "equal hit".</p><p><br /></p><p>Despite the fact that silver took nearly a double drop it has somehow managed to lose another 26% or so while Gold has gained back all it lost that day plus adding a little profit. So the Gold drop that day and later throughout the year was simply an opportunity for Gold buyers to buy cheaply and make even more gains. Meanwhile the silver crowd screaming about buying the dips just continued to lose.</p><p><br /></p><p>So yes just further proof that silver is the Powerball ticket of metals. Such big promises but it always ends of losing. They say silver is in short supply, the only thing in short supply on the silver side is actual facts.[/QUOTE]</p><p><br /></p>
[QUOTE="goldcollector, post: 3957677, member: 9088"]Ok so we have the silver side version now here is the truth. It was April 15 to 16 by the way. First 9% and 11% are not an "equal hit". Second silver fell from $27.40 to $23.54 which is $4.16 not $3 and it was an over 15% fall not 11%. Gold fell from 1483 to 1367 on that day losing 116 which is less than 8%. So it wasn't 11 vs 9%, it was over 15% vs under 8%. Silver took nearly double the drop. Hardly an "equal hit". Despite the fact that silver took nearly a double drop it has somehow managed to lose another 26% or so while Gold has gained back all it lost that day plus adding a little profit. So the Gold drop that day and later throughout the year was simply an opportunity for Gold buyers to buy cheaply and make even more gains. Meanwhile the silver crowd screaming about buying the dips just continued to lose. So yes just further proof that silver is the Powerball ticket of metals. Such big promises but it always ends of losing. They say silver is in short supply, the only thing in short supply on the silver side is actual facts.[/QUOTE]
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