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Debate House Prices
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How do you know when its a crash?
IronWolf
Posts: 6,454 Forumite
Does -20% in 4 days count? Not showing any signs of slowing, down to $38 at the moment
Source: http://silverprice.org/silver-price-history.html
Source: http://silverprice.org/silver-price-history.html
Faith, hope, charity, these three; but the greatest of these is charity.
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Cos this forum goes crazy & silver/gold is ramped everywhere.
Oh, wait a minute...It's getting harder & harder to keep the government in the manner to which they have become accustomed.0 -
COMEX (COModity EXchange) has roughly doubled the margin required to trade futures. The impact is clear.
The consensus seems to be that it's a straight line down to $34/oz in the next few days. There may have been some inside knowledge around this too. The biggest silver ETF (a bit like a share that tracks the silver price) has a huge number of people betting the silver prices are going to fall (aka 'short interest').
As with any big shift in price there'll be plenty of winners as well as losers.0 -
Wondered why they'd gone quiet.This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com0
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Reading on a couple of the shares boards I'm on, conspiracy theorists believe there is far more than meets the eye here. Reading between the lines, it seems some of this could have been manufactured. It's having a knock on effect to junior aim shares too.
As I say, could be all conspiracies and people not liking the fact were all losing money for what seems, no real basis.
Not going to pretend to understand it all.0 -
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If Silver goes down does it mean that will have a effect on Gold price too?
Gold price has fallen a little today and yesterday0 -
If Silver goes down does it mean that will have a effect on Gold price too?
Gold price has fallen a little today and yesterday
Yes but only 3%. If it was really due to the Comex prices surely silver wouldnt stand alone with huge losses?Faith, hope, charity, these three; but the greatest of these is charity.0 -
If it was due to teh Comex all Metals would have got it0
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lol, 20% i bet the usual nutters will be along to say they still made money on their position in the days that it dropped 20%... zzzzzDoes -20% in 4 days count? Not showing any signs of slowing, down to $38 at the moment
Source: http://silverprice.org/silver-price-history.html
more importantly if people are getting out of silver they must be getting their cash into something else...0 -
lol, 20% i bet the usual nutters will be along to say they still made money on their position in the days that it dropped 20%... zzzzz
more importantly if people are getting out of silver they must be getting their cash into something else...
My tip is frozen concentrated orange juice...;)It's getting harder & harder to keep the government in the manner to which they have become accustomed.0
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