Comment by zahlman
8 hours ago
> Here’s the current price of silver.
Not shown on the chart (and which couldn't have been predicted at the time of writing) is today's crash of almost 30% in that price.
Speculative bubbles happen. The narrative of people losing faith in currency made no sense, because that should pump the prices of durable commodities as well, if not instead of precious metals.
Once the supreme court decision about Trump went out, I took all of my investments and put into a savings account.
When a dip happens, I simply take 10% of the money, buy the dip, then sell when the price hits pre dip.
So far Ive netted significantly more than any of my peers that actually do investing.
I don't see 30%. Maybe 12% from the very recent top, back to wherever it was just a few weeks ago.
https://www.kitco.com/charts/silver
There has been significant recovery in after-hours trading, but check out that "day's range". The low point was around 1:40 PM EST.
>There has been significant recovery in after-hours trading
After hours has been flat. I think what you meant to say is it recovered a tiny bit from it's regular trading hours low. It's still down over 25% on the day.
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it was at 120 and now it's at 85. yes it's back to where it was a few weeks ago
Why do people say this… ok so you buy at 120 and now it’s back at 85, no big deal that’s the same as a few weeks ago!?
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