Wtf happened?! This shit was over $110 not too long ago
>>62011439Let the goyim deal in the real world
>>62011439Fed rate cut I think
>>62011439Token not needed
>>62011439they rugpulled it
>>62011439King shitcoin
>>62011439Asset bubbles created by jam boys aren't sustainable.
>>62011439
>>62011521I mena its obv fear but saved this pic
>>62011528
>>62011439Stochastic motion doesn't require a narrativeAnd only retards think it does
>>62012689lol’d
>>62011439Retards here learned about it and piled in.
>>62012689I am a crypto permabull, but you cannot not see this.
>>62012890Double negative posting in the big 26?
>why does a short squeeze not lead to permanently elevated prices?
>>62011439Precious metals are useless shitcoins of no value
>>62011439Silver is following the price of Bitcoin.
>>62012689It's a spitting image of the speculative bubble graph.
>>62011439It was $110 because all the memes took guys and influencers got a hold of it and kept making posts about how there was a squeeze. They kept calling for $200 and pushed the price up
>>62013246>>62012704Retail had nothing to do with it, as if retail could ever put a dent in these multi-trillion dollar assets. It was a short squeeze + COMEX changing margin requirements. Basically evil jew magic caused it to dump.
>>62011439So does this mean I can walk into a ship and buy some silver for ~$67?
>>62013257Lol no. It's still at 85/oz if you actually want to buy it. The jewish casino says one price and the real world says another.
>>62013250>market movers could never move the market!>It was le hekkin short squeezarino caused by the magical ?????
>taking a large speculative position instead of buying a little at a timeI just buy an ounce or two every month I'm unconcerned with all this price fluctuation.
>>62011439>Wtf happened?!
>>62013603>The jewish casino says one price and the real world says another.you know thats exactly what happened in Weimar?
>>62011439You should've sold once that shit shot past $100. It was a textbook insanely obvious sell.
let the goyim deal in the real world
>>62013194Except silver can’t get that low due to current supply shortages. It just attracted a lot more attention than it should have, otherwise it would have likely grinded slowly up this year the same way it did last year. I imagine it will be stuck in the 55-75 dollar range for a while.
>>62013809>can’t get that low due to current supply shortagesyes it can99% of all silver volume is in paper contractsthe orderbook that matters and sets the price is the paper marketyour illusion of "supply shock" dictating the price is not really tethered to reality, it's all inside of your head
>>62011439Not telling, go watch peter.
>>62013618if you think retail can move the silver price you should post on this board
>people bought shiny rocks for $100 oz
Vitalik just rug the metal market, say something nice
>>62015559Retail can hoover up physical silver. There's less of it in the world than you think. Supply shock will move the prices.
>>62011439Check the priceLmao
>>62013809>Muh supply narrativeNarrative does not determine price, price determines narrative
It was a retail pump and dump.Stackers tell themselves the dumbest fantasy stories. Some PM merchant makes up a new rumor, then it gets parroted until it becomes lore, once it served its purpose of fooling some new buyers and turns out to be another lie it just disappears and a new rumor takes its place.Even the "JPM manipulated the price down" lore of the past 10 years is probably a lie because while they did manipulate the price, they probably played both sides instead of just down as the silver liars claim.Now you need to wait for 10-15 years before a new generation of fools is born that hasn't been burned by the community's lies and can pump your bags again.
>>62011439Bubble popped, silver is going back to $20.
$5 to get it out of the ground happened.
>>62015590