That is what TTT has been telling us all along.Dang, that's the big boys, not Robinhood traders.
Does it matter? Buy on the dips.But who?
The supply is already either at an exaggerated price, or hard to get. Saturday should be interesting, for sure!Let's keep in mind the entire Y axis scale is only $1.00 or 3.90% potential of movement which is going to exaggerate any movement. The one month and 6 month trends show a pretty steady upward climb.
It will be fun to watch Saturday when the alleged silver squeeze II is to take place. Redditt folk are pushing everyone to order 100 oz of silver to suck up the supply.
Im worried the first of the Reddit crowd will impatiently start buying today...Waiting for the noon hour drop to get some...
I think they already have. There may not be a dip today after all.Im worried the first of the Reddit crowd will impatiently start buying today...
I can't argue with that.I think any bump from a Redditt squeeze has to be short term. Am I wrong? As I understand it the goal is to force up the price short term to hurt the paper silver trades and maybe get spot up to what physical silver should be.
I thought about driving out to Winchester today...Cheapest at present appears to be 10 oz. Silvertowne at SilverGoldBull.
Would they charge tax for in-person transactions?I thought about driving out to Winchester today...
YesWould they charge tax for in-person transactions?
You inspired me and I was watching. Provident has new style Sunshine 1oz rounds for $4.99 over spot, any amount. Spot hit $25.97 right before I ordered some. Cheaper per oz than even their random 10oz bars, and only $1.00/oz more than a 100oz bar.Got 50 oz. during the noon hour dip. We'll see if it goes lower...
ETA: And I missed the low again. Still going down as of 1:30.