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Am I missing something?

PostPosted: Thu Feb 28, 2013 5:36 pm
by rexmerdinus
Just looking for some insight on why silver is down in recent weeks. Surely it can't just be the work of the big boys manipulating it? Demand is up, price is down...what am I missing?

Re: Am I missing something?

PostPosted: Thu Feb 28, 2013 7:36 pm
by blackrabbit
Unlimited digital dollars can swing the paper price of anything anywhere. Physical demand is up a lot more now!

Re: Am I missing something?

PostPosted: Thu Feb 28, 2013 8:00 pm
by Sterling Silver
You are missing nothing. I intend to BTFD.

Re: Am I missing something?

PostPosted: Thu Feb 28, 2013 8:48 pm
by blackrabbit
I am not missing the higher premiums on physical as the price falls.

Re: Am I missing something?

PostPosted: Thu Feb 28, 2013 9:16 pm
by agmoose
I plan to hit up the LCS tomorrow........hope it drops some more overnight.

Re: Am I missing something?

PostPosted: Fri Mar 01, 2013 12:32 am
by TwoPenniesEarned
TPTB are shorting paper and buying physical. Double profits. They get what they want until the ponzi falls apart. At that point we will bail them out. But at least our physical will be recognized at its value in the long run.

Re: Am I missing something?

PostPosted: Fri Mar 01, 2013 7:21 am
by agmoose
Down almost fifty cents overnight......just above $28 now. Sold two of the guns I bought a couple weeks back for triple what I paid, it is all going into silver.

Re: Am I missing something?

PostPosted: Fri Mar 01, 2013 11:15 am
by rexmerdinus
agmoose wrote:Down almost fifty cents overnight......just above $28 now. Sold two of the guns I bought a couple weeks back for triple what I paid, it is all going into silver.


Nice. I'm also a gun dealer on the side and have done a little wheeling and dealing.