Silver Price Reversal Will Be Shocking!

Absolutely, I agree but we won't see true price increases until things get worse, much worse. It's shocking that the only real price increase that I noticed for gold happened the last few days of July 2020, I forget the exact date but the price of gold went above $2000. Will it happen again, I certainly hope so!

 

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No more conspiracy theories: https://www.nasdaq.com/articles/jpm...ng-precious-metals-treasury-market-2020-09-29
I am not a metal bug. What I am is someone who believes in free markets. People who deny market manipulation show ignorance of markets.

 

For the record my primary focus is numismatics, but in the past I have accumulated PMs as insurance against runaway printing of currency by central banks. People who deny this monetary inflation at some point will suffer the consequences.

 

People who claim manipulation dont understand what markets actually are. EVERYTHING is manipulation thats what a market is. Buy it goes up sell it goes down. Hedging your positions isnt manipulation its just being smart. The only true manipulation would be someone cornering the market like was attempted a long time ago, since then its just the market normally and silver will never shoot to the moon like people think it should

 

I guess you did not read the article? This is the kind of manipulation we do not need.

 

It don't have to go to the Moon just head that away will be sufficent..

 

You're only serious about selling off your other collectibles when the Holiday Barbies and the Hot Wheels have price stickers on them at your next yard sale.

 

Fraudulently offering to buy or sell at a certain price, with no intent to commit the transaction, is a different matter. Different enough, in the opinion of the FTC and DOJ, to justify a $920 billion dollar fine.

Of course, if someone thinks both the big banks and government regulators Are Out To Get Us, I guess they have to flip a coin or something to decide what's true.

 

Already dropped almost $3 since may

 

Yup. Where will it be in September? Up or down? Flip a coin...

 

Not that I want to see it, but it does appear to be trending down and has been for a few
months

 

I do. I want it to go as low as possible. that means the rest of the economy is at least OK and I can buy more.

 

I'd like to see a drop. Want to fill holes in my circulated Franklin albums but at current prices won't be buying any.

 

Silver was low for years and years and when it makes a move up to the mid twenties and stays a few months with Premiums and Civilains going into space. Now you want it to drop.... stay the course. The new normal is not what it use to be.. fight to stay in twenties. What's not to like when people are paying 30 plus easy on Peace and Morgans.. just my take in the market..

 

If Silver prices dropped to 17 or 16 or whatever you guys want.. Will there be a shortage of Silver or will there be an abundance of it ?? jus asking??

 

I sure wish but it’s not looking that way

 

Especially for people buying right now, but its only a loos on paper until
you sell...LOL

 

Yeah, it sucks but that's the way it crumbles sometimes!

 

let's pay 10 over spot on an inflated price for a silver eagle.....HAHAHAHAHA