Silver is dropping right in front of my eyes

To me it seems more like a consolidation, the metals have been going up for a while, broken some old highs need to find resets for new price resistance levels. Good chance for those waiting to buy on the dips, i don't see anything in the financial world to change the current direction. Could also be people selling off slv etc taking a profit, ATM anythings possible so many shaky investors in all markets.
 
Rockets are not good at flying. Once they run out of energy - down the come.

fxempire report by AG Thorson suggests $19 USD as a substantial support level.
 
Correction or crashing doesn’t matter
Nothing is changing in the world
NZ has now gone into lockdown
Will see it spread globally again
Bad times ahead
Volatile ride
Get your metals while you can
 
OneDay said:
I was joking. But check the chart of what happened earlier in the year when the spot price smashed down to $12 per Oz when Physical demand was high.
Click to expand...


the entire market crashed in March when silver hit 12....I enjoyed the March crash very much as it was great buying
 
OneDay said:
Yeah its a plummet. Silver will be back down to $12 within a month. :)
Click to expand...

The trouble is there won’t be any physical silver to buy. One of the merchants that I buy from already ran out of kilo bars this morning. But we could still buy SLV, and hope to flip it before it implodes.
 
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