Silver is NOT getting crushed today

Discussion in 'Bullion Investing' started by Jason.A, Sep 1, 2017.

  1. Jason.A

    Jason.A Active Member

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  3. longnine009

    longnine009 Darwin has to eat too. Supporter

    You probably scared it and it jumped.
     
    Last edited: Sep 1, 2017
  4. baseball21

    baseball21 Well-Known Member

    Discuss what? Being up 12-13 cents at the moment is a big nothing burger
     
  5. Jason.A

    Jason.A Active Member

    Discuss here when it rises. Increase in the other thread when it falls.
     
  6. Mr Roots

    Mr Roots Underneath The Bridge

    What if it goes up in Euros but down in USDs...?
     
    green18 likes this.
  7. Speedbump

    Speedbump Not a New Member

    But the up trend over the last 60 days is definitely a something burger.
     
    Johndoe2000$ likes this.
  8. Santinidollar

    Santinidollar Supporter! Supporter

    Dollar has weakened, US economy seems solid. Perhaps we are seeing some return to inflation that gold and silver like.
     
  9. Speedbump

    Speedbump Not a New Member

    US exports could use a weaker dollar. The strong USD (and/or weak foreign currencies) has been beating up overseas sales and profits for US companies.
     
    Santinidollar likes this.
  10. ilmcoins

    ilmcoins Well-Known Member

    Now we have to bounce between two threads haha
     
  11. Victor

    Victor Coin Collector

    Want fries with that?
    Going up is good.
     
  12. Kentucky

    Kentucky Supporter! Supporter

    just say no
     
  13. baseball21

    baseball21 Well-Known Member

    That's still pretty eh. It's still down from 6 months ago if it starts getting above that that would start to be something. Most of the 60 day gain has been during half of Texas getting wiped out and the Hurricane. Metals aren't doing those people any good, but people generally tend to flock to them during big disasters.
     
  14. Santinidollar

    Santinidollar Supporter! Supporter

    If I'm right, the bear metals market may be over. If Baseball is right, we're just going to slide right back into the bear.
     
  15. tommyc03

    tommyc03 Senior Member

    Yeah, but gas went up here 20 cents in one day. Price gouging for Labor Day. It's old gas, not a result of hurricane Harvey.
     
  16. baseball21

    baseball21 Well-Known Member

    Gas is priced based off of future supply. There generally is a slight price bump on holiday weekends, but Harvey is absolutely the driving force in the rising gas prices.
     
    tommyc03 and Santinidollar like this.
  17. Santinidollar

    Santinidollar Supporter! Supporter

    We basically have had a major interruption in our gasoline supply due to Harvey.
     
    tommyc03 and baseball21 like this.
  18. tommyc03

    tommyc03 Senior Member

    I believe it, just did not expect to see it happen so soon and such a high jump in one shot.
     
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