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It's 6:25 pm and kitco says silver is down $1.23/ounce. Spot quote at $21.03. Am I crazy? Can that be? That's a huge move down......

I'm assuming it's a mistake. This has happened before.

no mistake brothers

love it or hate it, the paper silver price is volatile

17 here we come

It appears to be real. I don't think I've ever seen it drop that fast. No way, actually. That was like 5 minutes. I'm still not sure we'll see 17, though. I've also heard support at 21, and it stopped just above that, so...

Wow I wonder what this is all about. Which sites have you all seen this? I'm going to look now.

Hi all-

meh, let it fall to $1.25 an ounce. Then I'd order $450K in halves a week And maybe $100K in dimes just to keep it interesting-

I dont really check kitco for silver and gold spot prices...I check ebay!

wags

That's a crazy drop right out of the gate! Provident has updated prices and I wouldn't mind picking up a few oz. Interesting times...

angel2004 wrote:Wow I wonder what this is all about. Which sites have you all seen this? I'm going to look now.

I use kitco. Just google kitco silver.

Doc is probably right 18 here we come!

Holy cow.

scyther wrote:

angel2004 wrote:Wow I wonder what this is all about. Which sites have you all seen this? I'm going to look now.

I use kitco. Just google kitco silver.

Thanks. I just looked on another site and seems real. Reminds me of the crash in May 2011. It was a Sunday evening as well.

As an aside, where do the titles under our screen name come from?

angel2004 wrote:As an aside, where do the titles under our screen name come from?

Depends on how many posts you have. Means absolutely nothing. Unless the person is green, a Moderator, or red, an Administrator.

FINAL CAPITULATION COMING ?

MAYBE WE JUST SAW IT WHEN SILVER GOT DOWN TO $20.23 !!

NOW AT $21.34 AND RISING!!

Thanks I figured something like that.

angel2004 wrote:

scyther wrote:

angel2004 wrote:Wow I wonder what this is all about. Which sites have you all seen this? I'm going to look now.

I use kitco. Just google kitco silver.

Thanks. I just looked on another site and seems real. Reminds me of the crash in May 2011. It was a Sunday evening as well.

I remember that ...

Country wrote:FINAL CAPITULATION COMING ?

MAYBE WE JUST SAW IT WHEN SILVER GOT DOWN TO $20.23 !!

NOW AT $21.34 AND RISING!!

My new neighbor is a career commodities trader, retired. He thinks silver will go to below $10, then TS will HTF.

We will experience hyperinflation and only the holders of physical goods will be able to financially survive.

Some collect silver with those fears. I hope it never happens but our fiat currency leaves a lot to be desired. I remember being in highschool when we were taken completely off the gold standard and wondered then how money could survive. I guess we may end up seeing what happens. The past few years have really put doubt in the system.

Thogey wrote:

Country wrote:FINAL CAPITULATION COMING ?

MAYBE WE JUST SAW IT WHEN SILVER GOT DOWN TO $20.23 !!

NOW AT $21.34 AND RISING!!

My new neighbor is a career commodities trader, retired. He thinks silver will go to below $10, then TS will HTF.

We will experience hyperinflation and only the holders of physical goods will be able to financially survive.

So does that mean $500 gold then? If that the case then that's good because I've always wanted to know what it feels like to hold a kilo of gold in my hand.

thinly traded overnight markets, perfect time for the fluffies to strike employing their usual tactics.

.....................

Anyone in the midwest, please stay safe. I am watching the news now and so many terrible tornados.

beauanderos wrote:thinly traded overnight markets, perfect time for the fluffies to strike employing their usual tactics.

What are fluffies?

messymessy wrote:

beauanderos wrote:thinly traded overnight markets, perfect time for the fluffies to strike employing their usual tactics.

What are fluffies?

the "family friendly" version of what he really calls them