Silver is preparing for another move down, target 19-17 wait for the breakdown and enter sells at the confirmation of break, watch lower timeframes for the entries
There is a little thing going on at the moment called 'the silver squeeze', i think you get it wrong.
moonman777
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@Stormcup, silver has been manipulated like most of the market but especially silver is most manipulated by big banks that have most of the supply for it. no squeeze in my opinion. they would have to be alot and i mean alot of demand with people buying futures and having it delivered physical not paper. if you look at dxy its gaining strength and that usually has a inverse correlation with silver a gold. no one like to hold a bag.
Stormcup
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@moonman777, yes, you might be right we might be end up paying $5 for paper silver and $25 spot !! or some thing like that lol like the 777
boergerrr
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@moonman777 USD supply is on track to have its supply expanded by 10T$. Inflation is calculated without energy and food prices, but better believe its rampant. Get it while you can
bigtrouble
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Too much investor demand for a big dump. Very unlikely.
BBsBills
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say the price of silver drops to the $18 range, do you think that the premiums will stay the same, drop or increase so much that the over price will stay the same as it currently is?