Silver has officially hit rock bottom

Discussion in 'Silver' started by SilverDJ, Mar 14, 2020.

  1. Slimey

    Slimey Well-Known Member

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    Mud bottom?
     
  2. mongrelmaple

    mongrelmaple Well-Known Member Silver Stacker

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    I was literally about to call that exact number, and exact reason. It’s logical because that’s the last major support USD silver has had. My goodness what a drop it’s had!
     
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  3. Slimey

    Slimey Well-Known Member

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    Silver 12.89.....unwind in process....prepare for bad news. Which bank?
     
  4. alor

    alor Well-Known Member Silver Stacker

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    now that is a new move, double spikes down days....wow
    always never knew a new surprise ahead...
     
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  5. minimilled

    minimilled Active Member

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    I’m calling for a rebound. This is an oversold market.
     
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  6. Silver260

    Silver260 Well-Known Member Silver Stacker

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    If there's that much of a cash shortage, I suspect gold will also start a sharp downturn.
     
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  7. SilverDJ

    SilverDJ Well-Known Member

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    Last support level, and about a similar sharp drop level percentage. The market doesn't care if the miners can't make a profit at that level (supposedly).

    upload_2020-3-16_21-49-13.png
     
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  8. LiverBird

    LiverBird Well-Known Member Silver Stacker

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    Gosh, spot price looks like a countdown timer at the moment.
    What's the POS gonna be in the AM? :eek:
     
  9. SilverDJ

    SilverDJ Well-Known Member

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    Tic Toc Tic Toc

    upload_2020-3-16_22-10-31.png
     
  10. 66rounds

    66rounds Well-Known Member Silver Stacker

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    Thankfully I bought my unallocated over the weekend. Bullion Now has pulled unallocated silver offline for the time being. If I find the cash I will ring up and get some more during the week (if they sell me any).
     
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  11. slavaja

    slavaja Well-Known Member Silver Stacker

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    Bullionnow had 4 pages of items now they are down to 2.....
     
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  12. SilverDJ

    SilverDJ Well-Known Member

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    upload_2020-3-16_22-40-1.png
     
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  13. Oddjob

    Oddjob Well-Known Member Silver Stacker

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    upload_2020-3-16_22-56-57.jpeg
     
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  14. alor

    alor Well-Known Member Silver Stacker

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    Closure for 24 Hours

    Due to unprecedented demand we have had to close our shop until tomorrow 17th March,

    we are taking orders over the telephone.

    Our system has had to close due to extreme volatility and supply bottlenecks.
    (on one dealer online)
     
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  15. STKR

    STKR Well-Known Member Silver Stacker

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    Screenshot_2020-03-16-23-12-35-80.png

    Crazy volatility
     
  16. alor

    alor Well-Known Member Silver Stacker

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    GOLDEN CROSS
     
  17. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    What does it mean?

     
  18. alor

    alor Well-Known Member Silver Stacker

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    it could be a turning point, but from screen I don't have any confirmation (free page anyway)
    my tools are dull, need better engine to tell
     
  19. haggis_5

    haggis_5 Member

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    I was checking out items and all became unavailable as I was trying to pay, very irritating
     
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  20. jultorsk

    jultorsk Well-Known Member Silver Stacker

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    Dead cat bounce...?
    Screen Shot 2020-03-16 at 2.05.01 pm.png
     

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