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RE: Silver Market Manipulators Are Desperate

in Silver Gold Stackers3 days ago

Interesting, so you think this is artificial and it really wants to go higher? I just wrote about it in my post today that I kind of don't care, but it has been interesting to watch.

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I think it's a hybrid. Some of this is genuine reaction to the chaos in the commodities markets as a whole due to the war in Iran and the Fed announcement causing the dollar to strengthen. Overall, most of the banks typically short silver and manipulate the market to make quick money with impunity, so I'm sure they have a hand in it also.

I think this is a temporary correction and we're going to see it go back up, but only if a floor forms around $65. If it drops below that, we could see it drop further as more contracts holders are forced to liquidate.

!BBH
!PIZZA
!ALIVE

I trust your assertion. You have been doing this much longer than I have!

Well, don't take my word for it. All anyone has are best guesses. If you're not in a hurry to sell, you're much better off than paper traders. For stackers, all we can do is buy when we can and try to catch some of the dips. 🙂

Yeah, definitely not in a hurry!