In April at $25, my silver dealer was selling junk silver for $1 under spot.
Today it's $19 and that same junk silver is now selling for $8 above spot.
Perception vs Reality is at an all time high in difference. Most people think metals suck and the prices continue to drop, yet the supplies continue to bleed dry.
This is a historical buying opportunity anywhere under $20. We're entering a new era, and the ways of the old and unbacked fiat currency will no longer be. China and Russia, collectively, are leading this transition into a gold backed digital currency. This market won't be manipulated down forever! Get your metals now before it's too late!
Gold and Silver are still ranging, but since the start of the year, both are down less than any other market not to mention have held pretty steady given the way the dollar has been continuously ripping higher. There isn't much TA to do until it breaks out of this range, but understanding the surrounding environment and seeing what's going on around us as we speak, at least give you potential catalyst ideas for a move upward. You may h ave been hearing this "trash crap junk premium" talk for decades, but go try to buy some, and come back and tell us how much above spot they're charging you, and then come back six months from now and tell us :). At the end of the day, what's to hurt about getting yourself a bag and just being patient.
TWIT82
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please do technical analysis. I have been hearing this trash crap junk premium physical shit for decades