Heads Up! Silver got CRUSHED Hard - Watch for THIS Next!
HTML-код
- Опубликовано: 17 окт 2024
- Heads Up! Silver got CRUSHED Hard - Watch for THIS Next!
#gold #silver
Disclaimer: At times I will share MY thoughts and opinions but they are exactly that “My” opinions. I do NOT give advise
On my channel I may speak about precious metals,and maybe cryptocurrencies at times among other topics including but not limited to other "markets," and current events. I am not a financial adviser and do not charge anyone for my videos/opinions, this channel is for ENTERTAINMENT purposes only. My views/statements are ONLY my opinions that I have formed on my stacking/collecting journey. You are responsible for your own stacking, trading, investing, etc. Please do your research I am not responsible for your actions. I would highly advise seeking advice from a licensed financial advisor. Not from me
It's my fault!!! I bought gold on Tuesday!
I have that same effect lol
I can relate to you last words in your vlog prices have gone up and lots of us are struggling. Life has been really tough for a lot of us in the UK due to the cost of living crisis. There are lots of everyday items that I can no longer afford the list is getting longer each day. I have managed to buy the odd silver Britannia once every 3 months and now have 3 OZ's as my rainy day fund. These may have to be sold in the Winter to pay my bills but I will carry on as this is what we all have to do - never give up and keeps tacking!
To bad your politicians are as bad as ours but we spend/ borrow more than you by far
The pain of our leaders.. Good Luck to you!
I made a, over $900 purchase, yesterday and am beating myself up right now. I bought, at just over $29. I thought about canceling the order and paying the fees, but I will just soldier on and suck it up.
I expected this would happen. Bought the dip, but I saved some dry powder in case it drops lower.i don't think we'll see a rate cut.
Good afternoon Wolvie . I cant see the Fed lowering rate's :-))
It will be interesting to see for sure.....
No rate cut - helps the little guy - helps contain inflation.
Rate cut - helps Wall Street types - cheaper money to borrow and invest.
Inflation fears are only thing making Jerome go no cuts.
I bought silver eagles at $19 in 2017, I wish silver would get hammered so I can buy some more at that price.
Truth
I did too... Most of the Silver I bought was during that time. I mean backed the truck up lol
Load up on shorts because it’s going down even more for cheaper prices today/friday
I said in March, NO RATE CUTS THIS YEAR, DONT FALL FER THE FEDS BULLSHIT, so far I've been dead on. Apparently the experts should prob be paying me Fer insight.
Watch them cut rates next week 😮
lol
The US mint prematurely raised prices. Now they won’t lowered them back anytime soon.
Probably good points
JPM Chase in the middle of the night😮
lol
Hopefully it bounces back up
Our metals got a shellacking today!!
Indeed lol
Exciting news! The inclusion of Rose number [89] beautifully symbolizes our collaborative efforts in this creative garden at CoinEra. Let's continue nurturing this shared space together! 🌹🌷🌼 Thank you for being an integral part of it! 😊💖
🤢
Silver had a bloodbath today. But, thank God nobody died. lol I think the Fed will lower rates 1/4 pt in September.
@@SalivateMetal Good morning Sal .I miss your Live streams during the week. I am still working.
I had to buy the dip! Historical don’t we have lows in July? And ba k up in august? I wouldn’t be surprised if they cut the rates after the ejection. Great update, thanks
🎉💥 Boom ☝️!!! Afternoon Wolvie 🖐👊
Good Afternoon Gold :-))
@@rockysuperstar1 Yo Rocky 🤙
Boom! Gold Aztec!
Thank you SW! This my be of interest. I saw tonight on AVC Coins they are collaborating with ICG and offering 2024 ASE ICG MS70 for a low price. The purchase also comes with coupons/papers for free submissions to ICG grading. Sounds like this ABPP member now has part ownership of a grading company. That should come in handy for the up coming DC/U.S. Mint alliance.
Interesting... What was the low price? lol
Are we really surprised about silver getting crushed? This always happens to silver.
Silver, his retraced every single time in history
Silver will make a comeback. Moron Dameon always toots his insane horn if silver falters.
@slackerstacker6274 what was so insane about my comment? Is it not true that this is the normal for silver or not? Surely you’re not so biased that you can’t see that silver is highly manipulated and that the price has historically been suppressed. People should have the knowledge of this before making a decision to buy it. Premiums are higher than they should be on silver and the silver market is highly manipulated. It’s not all rainbows and unicorns.
Silver is definitely extremely volatile
Think for Yourself, the comment itself wasn’t insane, you are. If silver falters at all you can’t help yourself. It is very apparent you are biased against silver. You think that if you don’t like it, no one can. Go back to your crypto and leave us PM people alone.
September rate cut coming buy gold and silver going way up
A quarter point is nothing in our world. In the big money world, it's a different story.
1745 EST 25 Jul 2024 (market closed) Silver -27.82 Gold - 2,364 Plat - 934 Pd - 891 . (Source: Psychic Friends Network)
Andy!!!
It seems that the decrease is due to things happening overseas. So it's possible the decrease in spot may have nothing to do with us.....but who knows for sure! This is what I found on the internet:
Hareesh V, Head of Commodities at Geojit Financial Services, said, Finance Minister Nirmala Sitharaman announced a substantial reduction in the customs duty on gold and silver while presenting the Budget on Tuesday.
This cut has led to a sharp decline in prices, benefiting consumers and boosting demand in the market. However, broader market conditions and geopolitical tensions could influence future trends. "The reduction in customs duty from 15% to 6% may lead to lower domestic prices and potentially increase demand. Previously, the duty consisted of 10% BCD and 5% AIDC."
My favorite, ASE's!!
Mine too...
So, I guess the US Mint will be lowering the prices on their silver products, right?
I heard it's supposed to snow today 🤣
I don't think so they def want to make lots of money
I paid a whole lot less for constitutional silver.
@@hubster4477 Sure, I have too. Quite a bit in the past, and I hold it. But, that's stacking. Different ballpark.
For what it's worth, in the past six months I've spent considerably more on numismatic coins than I have on silver (some making $100/ozt look like child's play). The last 90% I bought was when I caught the $12 dip back in March 2020. Since then, I've more been selling 90% and exchanging it for collectibles.
I laid off of 90% for a while when the premiums were ridiculous.
@@hubster4477 I replied. My reply seems to have been deleted.
Who sold alot at $30 range like me. If anyone is mad i took profit then i cant help ya. Ive nailed some sweet times to sell since 2019 and since started stacking in 2017 ive also never dollar cost averaged my buys. I just have patience and stack cash till its obvious we are close to the low then pull the trigger. Been crushing it since 2019. Waited all last year till fall to buy. Did same year before. Was buying u til silver went over $25. Now cash heavy and gonna wait and re get it all back plus more....again
Mean Mr. Market is doing what he does best - making the maximum number of market participants look like fools. With the benefit of todays news (7/26), inflation ticked up. No way the Fed will be able to justify a rate decrease if they want to retain whatever credibility they still have (which is not much).
Buy the dip
Thank goodness the doldrums finally arrived.
Lets hope it get crushed more! Sub 20 is buy time.
I am with you.. lol
Its the manipulaters bankers metal miners investors forein countries on and on
Did I save 35$ today on my 5oz buy or did I loose 35$ from my 5oz buy last week 😂
Maybe a wash? The things that make you go Hmmmmm lol
China dropped interest rates. End of story.
Wtf, i just need silver to reach $40 so i can dump it all and never buy an ounce of silver again in my life. Silver has been and will always be a disappointment and bad investement. "SiLvEr iSnT aN iNvEtSmEnT"
So you think paper money or computer screen numbers are any better?
how much do you have and in what form as I will purchase some off you?
@@anarchistgreg4689 let's just say if I would have spent money on literally anything other than silver I would have made a better return.
Just don't be disappointed when u sell at that low price of 40 and it's all high later just wait til 2025 or beyond!! metals are a longterm longterm hold not short term thing..
@@betod3113 how long do you consider a long term hold? Started buying 13 years ago.... 13 years seems.pretty long