Woah! Did you guys see what happened today? Silver crashed down to $14.34. The rigging continues. Someone big must have profited. Will we the little citizens ever get a hold of this kind of prices. Like The Maestro Way says we will never hear this crash on the lying mainstream media networks...
The flash crash vid:
I am set to buy a few hundred ounces over the next few days. I love the low prices, it is a great buying opportunity and I intend to take full advantage.
I'm with you on a much smaller scale
Great timing! One of these days soon...
Crazy.. I remember buying silver back in 2009 for about the same price. Then selling around 35-45 levels. Now all the back down to 14? If it goes any lower I'm gonna have to buy a few Ten ounce bars cause this is ridiculous.
Those who load up when prices are low and then hold will see great fortunes when silver used in high technology is realized.
Gold luck in finding anyone selling physical silver at $14.34. A while back, spot silver dropped from about $16 to $8. The premium, for the $16 silver .999 round, was $2. The fall to $8 commanded an $8 premium. Not many people are going to part, from their silver, for anything less. Keep stacking.
Yes, I think that those who own the 'physical silver' will not want to part with it anytime soon as it seems this big crash shows that those big whales are unloading a lot of paper that may soon be somewhat worthless since they're being sold for many times of the 'physical'. Many have warned that when silver skyrockets towards $600.00 an ounce, people looking to cash out of their paper and into the physical may be met with IOUs or just devalued fiat paper money ... Like they say, if you don't hold the 'physical' in your own possession, 'you don't own it!'
And, at that price, silver can only drop $14.34 (to 0). If it goes up $14.34 or doubles to $29, it is still almost half of its $50 record high. Silver is $15.97 (a bargain) as I write.
Knowing that silver may become more valuable than gold in it's uses for the hover cars of the very near future, your silver will be very sought after in later time. I could only afford a few coins as times are difficult for me but it silver drops to even $4.00, I will jump at the opportunity to buy and hold ...
No I didn't see it, i was busy focusing on the crypto world, however I would like to thank Universe, not because i plan to buy some Ag, 2700+ is good for now, but I thank Universe that I didn't see that, and more importantly, I'm grateful my wife didn't see that. In fact, I'm glad I'm just now hearing about from you. That is probably the easy landing I needed, Thanks Universe and thank you Yoona.
You are very welcome but this crash info I got from the YouTuber ' The Maestro Way '. Yes, as Mr. Clif Hig says Universe is helping us all right now. Wondering how many millionaires will be made during this time. If you diversify, holding both precious metals and Cryptocurrencies like Bitcoin and Ethereum, your lives will be brighter than those who choose to ignore this as a big bubble when it's not at all. My wish is that those who are lucky enough to gain wealth beyond their dreams to please give back to those that are less fortunate. Best of luck to you and yours : )
I'm working to get a collateral loan from my family to buy PillarCoin ICO, also considering buy some PayCoin, so yea, I am excited, the collateral is 100 ounces of silver, so it should be fine but not necessarily with my family. So I'm waiting to see, otherwise i'm selling the bar flat out.
I'm trying to be one of those millionaires, but if it happens, it would be the result of many baby building blocks, I can't afford to just jump in as I'm working with my retirement saving in Ag. Can't really afford to sell now at these prices, so i hope I get the collateral loan.
That's great! I'm not sure which country you live in as many Steemians come from different countries. I must remind those who live in the U.S. that their currency may soon be devalued and some may even lose their pensions because of those who control the Federal Reserve and banks. Each person must take some time to put aside money whether it be into cryptos or PMs and have some cash at home as benefits may not be coming to those who live in the U.S. But one thing rings true is 'don't put into cryptos what you can't afford to lose. Let's hope everyone wins in this game.
Yes, I am aware, in fact I've been saying so much for so long that I have been black balled ( sort of ) by my family. They don't want to hear about it anymore.
Same here but stay strong, your family will soon realize how clever you are and all those who woke up and got into crypto and precious metals in time. There is still time ...
Holy crap! They're giving it away!!!
U & R
Cheers! from thedamus
LOL! Cheers for all the lucky ones that got it at that low price!
I bought 2 x 10oz silver JM bars today. Vintage ones stamped with TD Bank logo on the back for $176 usd each. Feeling pretty smart. Got a little dry powder left for tomorrow...maybe buy some coins at these insanely low prices. Could be a crazy weekend ;)
As many have said buy low and sell high! Silver is the most undervalued asset on the planet. As this precious metal sets to soar to the moon, millionaires could be in the making ... but I'm thinking it will protect your families from the collapse here in America much like cryptos and silver are protecting those in Venezuela from hunger and starvation.
I love how everyone is getting to the point that Silver can NEVER go up in Price..........Must be getting to a GREAT Buy Point
According to Clif High at HalfPastHuman.com silver will go up as high as $600.00
I have heard others say $600 or higher, also.
That would even be better. Silver to be heavily used in new technology will boost it's value by many folds.
I believe it is paper silver manipulation from the central banks to control the price of silver to ensure that people still believe the dollar is worth something.
I believe you're right. They don't want the regular person to think gold and silver are money so that they themselves can buy up most of the precious metals before the world wakes up. Getting precious metals is great for preserving wealth but as millions of people flee into Cryptocurrencies, this will be the dollar 'reset', those left behind will be in a bad situation.
You say flash crash I say silver sale! I'm going to be buying as much as I can, I think we're closing in on a 2008 v2.0
You are right. The big boys seems to be getting ready for the big currency reset as their own created financial system is looking to collapse. All these rate hicks are only speeding the dollar to it's death. Those in control are moving silently into cryptos ( I don't trust 'centralized' ripple ) ... One thing about Silver that I'm sure of is, it will protect families from this man made financial collapse set up by the FEDS and the owners of the Central banks. Yes, indeed, this may be the only and last time for many to buy at these low prices then KABOOM! Never again ... high tech solar energy, devices and flying cars, here we come! Yahooooo!
Right. The more we stack the more prepared we are for anything so I'm glad to see everything on sale!