That was the next big move, although I would like to see it continue for a bit. Any move down toward $20 silver, and GSR toward 85 might be a good time to back up the truck.
Bah...
Gold has a lot more "mass appeal" than silver, even though silver supplies get much more used up in industries and jewelry.
A ratio of 100 to one would make me mobilize, or in the inverse 40 to 1.
Not worth losing sleep over atm....
Well sports fans, silver is roaring in Asian markets tonight as news of the latest US government Covid relief deal filters into the market. Current GSR is under 70 as I type. Shaping up to be an interesting holiday season...
edit:
wait...they're 'protecting their assests' if it were...into metals, then, back into the game next week, but, will that be before or after Christmas? Crush it or Capitalize on it during a weak week?????
I'm sure abrupt price changes, such as the one in the chart illustrated above by southfork, allow market makers to realign their holdings regarding futures contracts partially by manipulating speculators, and using other tools such as spoofing, which I have read about but don't have first hand knowledge of.
This is sheer speculation on my part. Perhaps you would get a better answer from some person or persons who you know to be controlling the world's financial markets and media?
Well sports fans, silver is roaring in Asian markets tonight as news of the latest US government Covid relief deal filters into the market. Current GSR is under 70 as I type. Shaping up to be an interesting holiday season...
Little brother has plainly been outperforming for awhile. Perhaps even more rabid currency creation, allegedly to fight the effects of wu-flu, will get yellow metal moving.
US debt to GDP is a piddly 128% for 2020...what's another $900b afterall...
I'm sure abrupt price changes, such as the one in the chart illustrated above by southfork, allow market makers to realign their holdings regarding futures contracts partially by manipulating speculators, and using other tools such as spoofing, which I have read about but don't have first hand knowledge of.
Yes, in my view anyway. These are big numbers. Even if it is 'someone', then that one has 'somegroup' implementing. More than I can clearly fathom, although I still feel the market was manipulated today.