Silver just dropped below $30

4 posts / 0 new
Last post
Paladex
Paladex's picture
Offline
Joined: 06/14/2011
Hat Tips: 2871
Posts: 185
Silver just dropped below $30

I set up a text alert on APMEX.com months ago, and it just triggered. Silver at 29.92. Looks like Turd's theory about setting up a massive short squeeze is looking very, very plausible. Let's see how many people try to catch a falling knife ...

Edited by admin on 11/08/2014 - 06:08

__________________

“Politicians are like diapers; they need to be changed often and for the same reason.”
― Mark Twain

SE
SE's picture
Offline
Joined: 06/15/2011
Hat Tips: 2280
Posts: 345
Right on cue!  Just wondered

Right on cue!  Just wondered if it was going to be this week.  Let's see how much further this goes...

sprite
sprite's picture
Offline
Joined: 05/07/2012
Hat Tips: 643
Posts: 99
Looks like an exhaustion move

Looks like an exhaustion move to me, there is probably more downside in the next week or so....

Silverling
Silverling's picture
Offline
Joined: 05/01/2012
Hat Tips: 109
Posts: 15
Turd on the money again,

Turd on the money again, wouldn't suprise me to see silver hit 26.

__________________

http://www.allocatedgold.co.uk

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Topic locked
Syndicate contentComments for "Silver just dropped below $30"