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why the drop?

PostPosted: Fri May 30, 2014 4:32 pm
by mrrosado
silver is down down down. I don't understand why? I just know now is the time to stack some up.

Re: why the drop?

PostPosted: Fri May 30, 2014 5:03 pm
by agnaustic
It's because I bought silver before the drop. If I had left it in my shopping cart, the price would have gone up!

Re: why the drop?

PostPosted: Fri May 30, 2014 8:53 pm
by coppernickel
Does anybody have any idea? This drop has me baffled.

Re: why the drop?

PostPosted: Fri May 30, 2014 9:11 pm
by SilverDragon72
Well, I don't know the reason, but I sure do like it!

I hope the price continues south for a while....it gives us more opportunity to stack! :thumbup:

Re: why the drop?

PostPosted: Mon Jun 02, 2014 9:24 am
by mrrosado
agnaustic wrote:It's because I bought silver before the drop. If I had left it in my shopping cart, the price would have gone up!

lol

Re: why the drop?

PostPosted: Mon Jun 02, 2014 9:25 am
by mrrosado
SilverDragon72 wrote:Well, I don't know the reason, but I sure do like it!

I hope the price continues south for a while....it gives us more opportunity to stack! :thumbup:

I bought 5 ounces for aobut $100. I'm happy with the drop too.

Re: why the drop?

PostPosted: Mon Jun 02, 2014 5:15 pm
by stlouiscoin
because it is still falling from the high a couple years ago; there's absolutely no reason silver has to stay at, increase to, or fall to a certain point.

Re: why the drop?

PostPosted: Mon Jun 02, 2014 8:43 pm
by AGgressive Metal
Dollar index above 80, bond yields still very low, stock market hitting record highs..... Even though it makes no sense to us, investors seem to be confident right now and without the kind of inflation fears that drive people into silver. It seems crazy to us who see the writing on the wall with the debt and the dollar long-term, but all these hedge funds and big institutions with billions of dollars on the line don't want to rock the boat by playing the Hunt Brothers card; they would rather just play along with the Fed's game and make easy money for as long as possible.