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Originally posted by camaro68ss
wow, thankgs are starting to get fun. we have are selfs another crash in silver today. there only screwing thereselfs with this. im just going to buy more silver for a cheaper price
Originally posted by camaro68ss
wow, thankgs are starting to get fun. we have are selfs another crash in silver today. there only screwing thereselfs with this. im just going to buy more silver for a cheaper price
Originally posted by LS650
Carzy - silver is back down to $35.24 US. I expect the roller coaster ride isn't over yet, but these dips make it easier to buy.
Investing in precious metals means converting U.S. dollars, pounds, euros, etc., into hard money that can be manipulated in price but cannot be debased. Manipulation has its limits, and since it appears to have been happening in the gold and silver markets for decades, in one form or another, the unwinding that is now beginning will just get more intense with time. No matter what technical support levels they target and take out, the short sellers are not going to extricate themselves without paying big bucks. Knowledge of how the price suppression scheme operates is in the public domain, and it is highly unlikely that manipulators will succeed in shell-shocking markets with their shenanigans, nor suppressing prices, for any significant period of time.
The fact is that no one can predict with any accuracy what silver is doing on a short term basis.
Originally posted by mayabong
reply to post by Partygirl
Cool, the fed stopped printing money?