Silver getting crushed today

I'd prefer not.

 

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Yeah, $200 silver and no way to sell it because the entire system will be down.

 

Like everybody i hope it doesnt come to that however when you have some nut
Hovering around the "Nuke all button" you never know what to expect !

 

Ouch!! Down .44 already this morn.

 

The floor is the limit :]

 

Not if there is a hole in the floor.

 

Hmm, so would this "hole" mean that a seller would pay me money if I took his silver?

 

Not yet, no. But then again, it depends how many years you have left. But then again, tell me, what is the FUNDAMENTAL (not speculative) reason silver can't go to "aluminum levels"?

Wow, seems like Chicken Little Jong Un was wrong again.

 

one man's silver, is another man's trash!!

 

I better get a dump truck for their silver coins! haha

 

to Aluminum?
isn't Aluminum something like 0.92 cents per pound, which is 0.0575 cents per ounce.

you'd make more money scrapping aluminum cans.

 

Interesting pick. Aluminum's about as abundant as you can get for a metal, but its production cost gets a non-trivial floor based on the cost of electricity; don't know what the floor cost is for recycling.

Silver is not abundant by almost any standard, and if you melt it to refine it, you're probably dealing with energy costs comparable to aluminum recycling.

Can you fill in the missing pieces on how silver's price could drop that low? Even mercury, which is very cheap to refine and imposes great liabilities on anyone trying to get rid of it (i.e. you have to pay people quite a bit to take it), hasn't gotten that cheap -- aluminum's around $2/kg, mercury around $17.

 

Well my 3 week prediction is Silver will go up and not get crushed at this point.
JON

 

Prices will skyrocket today due to the apocalypse

 

if we're all dead after today, what will the price of silver be ??

 

All trading is automated. Even if we all die the robots will continue to manipulate the price.

 

as long as they manipulate it up when i am ready to sell...LOL

 

What if the zombies eat the algos?

 

If you work with system-level computer programming at all, you'll quickly learn that "zombie processes" are a very real thing. Even the algorithms won't be safe.