Ok, guys. I'm waiting to buy some silver but it seems to be going further and further down in value, how long should I wait to buy?
How low will Silver go?
Daniel Barnes
Adam Harris
I dunno, I've just been getting ~10 oz / month since it got under $15
Sebastian Nelson
Do you buy in bulk and where? (Britbong here)
Dylan Brown
As i understand it, JP Morgan is shorting silver future, driving down the price, meanwhile they are buying up physical silver at the lower price.
I wouldn't expect the price to go any lower.
Cooper Ross
A bunch of online dealers have deals for new customers where you get your first order at spot price. So I have been doing that. Here is the site I use, not sure if it will be helpful for you..
findbullionprices.com
Aiden Morgan
Jayden Reed
I guess I could be wrong, but I can't see it going lower, or at least much lower. It's getting close to break even for mining companies, if it goes much lower they'll just halt production or start ignoring the silver they get as a by-product and force the price back up.
Although it all depends on how long companies like JP Morgan and countries like China keep artificially manipulating the worldwide silver market. JP Morgan had literally been charged for it numurous times but they don't seem to care
James Adams
This.
This is what happens when important products like metals get fucking future trading options. Manipulation of the price and no one cares.
The same idiots who whine about the price of gold and silver whine about lack of regulation for cryptomarket and were the ones who were happy that the futures on BTC opened.
Daniel Ward
Tone Vays says it's going to $7
Noah Green
>$7
yeah that would be worst case scenario imo
Nicholas Torres
Silvertogo.com it's VAT free too, don't go telling normies about it. I've used it a couple of times. It's cheaper than ebay prices.
Carter Wright
silver has no speculative value. even gold is losing most of its interest from younger generations to bitcoin as the concept of having to physically own metal is anachronistic.
Luke Reed
Are rare metals in your countries also taxed?
In my one you can get around it by buying coins instead of bars but still..
Colton Rivera
if you took away those markets worthless industry-only metals like silver would fall through the floor even faster.
Ryder Reed
Some coins can be had VAT free in the UK (stuff minted by the Royal Mint)
Brayden Collins
>value in current fiat debt notes
Don't worry about this user. It's all about the face value and how many new notes you can get per ounce. Stop measuring in a paradigm that is brought to you by the most debased group of humans on planet Earth.
Henry Brooks
7 dollars
Joshua Turner
Any similar sites for the EU?
Connor Miller
$5-$7
Levi Jenkins
i have been saying that for years man tone vays can suck my balls.
Oliver Wright
looks like bitcoin at 6k.
wait for capitulation
Kevin Bennett
The price has been going down because of QT you fucking tinfoilhat moron
Joseph Smith
Silver is fucked. It was pumped, it was dumped.
Josiah Campbell
Thanks for sharing this site user. I will definitely use this in the future.
Nicholas Smith
Just accumulate. One day the shit finances of the world will produce consequences. And when that happens you'll be glad to have it.
Lucas Morgan
When you look at 20y chart of silver, its like looking at bitcoin last 2 years chart
Anthony Foster
(Except Silver will never become worthless)
Ryder Smith
It seems like jp Morgan keeps accumulating so they can manipulate the price for their short positions, will they ever fucking manipulate it in the other direction?