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Comment by hirako2000

9 hours ago

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.

    • I know it was recovering in the afternoon, but I didn't think it got to ~85 by the bell. Maybe I misremembered. It doesn't help that SLV is close to, but not equal to the price of 1 oz.

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!?

    • yes, that is correct.

      most people are long on silver and gold. who cares if there was a slight correction.

      I bought the bulk of my silver in the $20-30 range and am still buying. I bought on the way up, I bought at $120, I'll buy at $85. The price at the time I buy really doesnt matter to me. Only when I sell will it matter.

      I hope to cash out and buy ~150 acres of land with it to hunt on and live on.

    • Clearly very few people were buying at 120 which is why it fell back to 85. It's a highly volatile commodity. Commodities markets go through booms and busts all the time and you never even hear about most of them.

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