>silver dropped 38% in a daylmao what the fuck
Its like double the mcap of crypto too which is pretty crazy to think
>>61751484normal correction
>>61751499I guess "marketcap is a meme" chuds were actually right. Seriously though this is best evidence I've seen of that statement. Some 1-2 trillion moved out of silver.
>>61751484you dont understand. the financial system is collapsing, the dollar is crashing (it dumped 3% can you believe it???) and basically silver is going to infinity and youll be priced out if you dont ape in right now
>>61751484It's LITERALLY worse than the worst crypto shitcoins.ROFLMAO.
I just want to let you guys know that this random oinker I saw in the woods live a better and more fulfilling life than you sacks of shits lmao
ITS JUST LE TAMP BROLE DIAMOND HANDSLE HODLMOON SOON
Doesnt the crashing of pms mean a big recession is about to hit?
>>61751528quite the opposite, retardedly high marketcaps imploding extremely fast should demonstrate that you do need to take marketcap seriously as an indicator
>>61751499Still small beans compared to gold.
>>61751569this is your world economy on China
>>61752206The opposite it means everyone has more buying power.Jk we’re all fucked regardless what we do.
>>61752206PMs are quick liquidity. If this massive drop in prices is from a forced liquidation...
>>61751674eats roots, dirts, corpesget shot by hunterNo medical help of any kind everyeat shit and rocki'll pass
>>61752346
>>61751484Like with xmr, silver is an investment for an uncertain future, I hope it stabilises for a bit for when I start stacking, we've seen what (((bankers))) can do if you don't comply to government with Tyrant Trudeau freezing those truckers accounts
it's not done yet
>recovering to 85 alreadyAnddd there goes the legitimacy.
>>61752826>for when I start stackingdo not expect silver to go below 70 for any meaningful amount of time. This is likely the top of the price floor. Anything below 50 will completely obliterate the market and the miners. Silver will completely disappear from the earth and blow up bigger than Uranium did. It's hard to sift through the bullshit on /biz/, especially when there's froth like this, but this is very likely the top of the ground floor. you're 100% playing with fire if silver is the ship you're taking to get out of dodge.
number go down?finally
>>61751484I know, I expected more of a drop but apparently retards keep "buying the dip" on the way down
>>61753105Historically, silver has never settled at a price floor at around the height of a new ATH.. When silver goes parabolic, it always crashes back down and then it doesn't move for the next 10 or 20 years. This isn't like buying the S&P500 where if you just hold it for a couple of years, it'll eventually always go from ATH to the next ATH. If you don't time your entry and exit right, you could baghold silver for half a century without seeing any meaningful gains.
>>61753243the s&p hasn't made any gains if you price it in gold
>>61751484Financial terrorists
>>61751484I don't get it was their earnings report bad? Over investing in AI? How could it go down so much in one day.
>>61754743Then don't
>>61754743lmao pm fags are a joke, endless cope and reinterpretation until it 'makes sense' (only to them).
>>61754743kek
Holy fucking shit, the baggies born on this day. Some of you haven't even received your metals in the mail yet and have already taken a 30% haircut on them, not even counting the initial markup.
>>61752346niggawat?Its the opposite. Mcap is useless when you can get knocked out regardless of the size of the investment. If several trillion can be extracted from a multi trillion asset in a couple hours, then everything we've invested in is a fucking lie and can be knocked down like a house of cards.This is a loser market. Everything stagnates while one or two flavor of the month investments start pumping for a week only to get all the gains totally wiped out in an afternoon.Worst fucking bullrun ever.No, if the world economy suddenly started hyper inflating that doesnt make you a millionaire either, because the currency will reset and your silver units wont be worth millions it will be worth 1 silver unit a piece. There will be no value translation in the old syatem because the old system will be gone. The world will re-adjust to fit the new currency system and that does not include silver barons sitting on their ass LARPing as Charlemagne or some shit.At best you will get to pay for meat and eggs with your silver in 30 years.None of you are getting rich.
>>61755745>Jew in IDits over. even if I denounce the talmud now my reputation ITT is tarnished.
>>61755745It's because of automated traders that domino
>>61755757>tacitly admitting the volume isnt realnot a good look for A(nal)G(ays).
>>61755765I 100% agreeThe paper volume is not real.In fact it is 377:1
>>61755765Was that it?Jew?
THE SQUEEZE IS COMINGHODL
>>61751484Crypto is a voletile investment
>short the market>It starts going back up not 5 minutes laterI hate this game man....
>>61756034Problem>?
>>61756034supposed to short before it goes down a lot, not after.
>>61751484all speculative investments are inherently the same as shitcoins
>>61752206that money is all going into MU
>>61751569>physical litecoinkek
>>61755017surely no one bought at over 100/oz... right?
>>61755745>None of you are getting rich.If I cook meth, I'll get rich.
