Wow silver margin call?

Discussion in 'General Precious Metals Discussion' started by Ryurazu, Jul 22, 2020.

  1. Ryurazu

    Ryurazu Member

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    Looks like silver got squeezed, shocking fast move.

    Any one with a good idea here? I not sure if this place to post, only posting cause this is a truer reflection on prices and cause faster reponse times.
     
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  2. bretto

    bretto Active Member

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    nothing in the media. lol
     
  3. spannermonkey

    spannermonkey Well-Known Member Silver Stacker

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    here there everywhere
    Why post in the sales section ?
    And no link = BS fear mongering :rolleyes:
     
  4. BiGs

    BiGs Active Member

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    A big hedge fund jumped into silver instead of gold is all. The pros know that silver will outperform gold in a bull market, so these jumps are an indication of a pending bull market.

    IMO if silver doesn't drop below 20 USD in the next month, we will never see silver under 20USD again.
     
  5. galvanise

    galvanise Member

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    Sprott bought $1.5 billion of silver and asked for physical delivery. 8% of worldwide production.

    giddyup!
     
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  6. Ryurazu

    Ryurazu Member

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    Eric Sprott? 2,000,000 kg of silver?
     
  7. heartastack

    heartastack Well-Known Member Silver Stacker

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    Silver will get wrecked.. in a good way. Hug your silver !
     
  8. Gonzo

    Gonzo Active Member

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  9. ozcopper

    ozcopper Administrator Staff Member

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    Sprott didn't buy $1.5 billion in silver. He clarifies it here;

     
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  10. Tokyo

    Tokyo Active Member

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    Check out my older post . Triggered technical expansion above 21.50 = shorts got stopped out and Longs adding on confirmation
    26 and ($35 Is major test ... closing above $35 should trigger powerful move like we have now.)

    watching $26 usd for next consolidation and flags
     

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