Afternoon everyone ….
Well. That was a quick change. In just a twenty four hour span, two weeks worth of climbing up and up and up got 100% erased and then some.
Is it over….
I guess only time will tell.
Today isn’t starting off well either. Look at my screenshot of the current Kitco data:
I have mixed thoughts on this erratic plunge to both silver and gold. It’s the quickest drop in metal prices one day of trading in over a decade. Was this artificially done to suppress while the big boys gather up more for themselves? Or is it truly over?
I honestly don’t know. Following it closely, it was absolutely nothing like the two previous silver all time highs that I’ve personally witnessed. Much shorter and a very strange off the cliff dump.
I’ll be tracking it for the rest of the week to get a better understanding.