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What in the world happened to silver over night?
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<p>[QUOTE="Cherd, post: 25494661, member: 24754"]It's been an extra volatile month in the markets, and my index funds have been taking a beating the last few days. But I decided to speculate on a chunk of silver ETF earlier in the week and woke up to this today:</p><p><br /></p><p>[ATTACH=full]1632064[/ATTACH]</p><p><br /></p><p>Silver spot dropped $1.50 between market close last night and open this morning. I had a more conservative stop loss set for this (1%), but that doesn't do much good with these types of overnight moves!! <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie78" alt=":punch:" unselectable="on" unselectable="on" /></p><p><br /></p><p>Any ideas about why things went off a cliff? I'm holding in hopes of a rebound, but if things continue to drop through the floor then I might just <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie96" alt=":vomit:" unselectable="on" unselectable="on" />![/QUOTE]</p><p><br /></p>
[QUOTE="Cherd, post: 25494661, member: 24754"]It's been an extra volatile month in the markets, and my index funds have been taking a beating the last few days. But I decided to speculate on a chunk of silver ETF earlier in the week and woke up to this today: [ATTACH=full]1632064[/ATTACH] Silver spot dropped $1.50 between market close last night and open this morning. I had a more conservative stop loss set for this (1%), but that doesn't do much good with these types of overnight moves!! :punch: Any ideas about why things went off a cliff? I'm holding in hopes of a rebound, but if things continue to drop through the floor then I might just :vomit:![/QUOTE]
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