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 Replies: 262 / Views: 14,502 |
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Pillar of the Community
United States
2464 Posts |
Quote:
was that paper contracts being dumped onto the market to tamp the prices down? yes it was. Quote:
A sudden and aggressive price slam occurred starting at roughly 1:20 AM New York time. This occurred well outside of regular trading hours, when most traders were asleep and liquidity was very thin. At that moment, at least 20,000 silver futures contracts (aka "paper silver") were dumped onto the market. This triggered a sharp sell-off that drove the price below the key $50 level, with silver sinking as low as $48.75 within just one hour. That volume of contracts represents 100 million troy ounces of silver, or nearly 12% of global annual production... a deliberate price suppression effort orchestrated by major bullion banks. it didn't hold for very long, though, did it? both silver and gold are moving again-- up. very close to or right on where they were at 1am just prior to the slam. continue HODLing. stackers: vindication is coming.  I'm stickin' by my 'predictions'. I've been waiting a looooong time to see this. |
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Pillar of the Community
United States
5850 Posts |
Gold is currently sitting at $4215 (according to APMEX), but it went a high as $4234 in overnight trading.. Edited by barryg
10/15/2025 09:17 am
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Moderator
 United States
188323 Posts |
Quote: Gold is currently sitting at $4215 (according to APMEX), but it went a high as $4234 in overnight trading.. You can almost smell $4300 from here.   |
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Pillar of the Community
United States
2464 Posts |
yep. I think there was another slam overnight, albeit not a big one like at 1am the previous day, a smaller one at 5am. it didn't have much of an effect, apparently. it happened as gold poked up over $4,200 and silver poked above $53 again.
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Moderator
United States
188323 Posts |
Whack-a-mole with precious metals.  |
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Bedrock of the Community
United States
25172 Posts |
Inordinately fascinated by bits of metal with strange markings and figures
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Bedrock of the Community
United States
36744 Posts |
APMEX prices always seem to be a little high. I use Kitco like many of the local coin shops.
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Moderator
United States
188323 Posts |
 Thank you for sharing.  |
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Pillar of the Community
United States
2464 Posts |
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APMEX prices always seem to be a little high. I use Kitco like many of the local coin shops. i noticed that about APMEX. I don't know why there's that discrepancy, but that's what caused me to inquire about whose charts are the most accurate many posts ago. |
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Pillar of the Community
United States
2464 Posts |
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Italy's stash wow. I like it. i'd be happy with just one of those bricks. |
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Pillar of the Community
United States
2464 Posts |
Quote:
Whack-a-mole with precious metals maybe we (or anyone) could invent Whack-a-Bankster... no, I'm not trying to start something, just daydreaming...  |
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Moderator
United States
188323 Posts |
Quote:
maybe we (or anyone) could invent Whack-a-Bankster... I would like to get in on that...  |
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Pillar of the Community
United States
5850 Posts |
Looks like gold is inching inexorably toward $4300 today.
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Moderator
United States
188323 Posts |
So close. I told you we could smell it!  |
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Pillar of the Community
United States
5850 Posts |
*DING* *DING* *DING*  |
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Replies: 262 / Views: 14,502 |
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Posted 10/15/2025 09:16 am
