Gold & Silver Price CRUSHED Lower Today - Is the Rally OVER?

Silver price is down and gold price is down considerably today. Silver price has dropped over $1.50 and Gold price is down over $60 in one day! Will silver and gold price continue to move lower? is the rally in precious metals over? I talk about the silver news and gold news and where I think precious metals can go from here. Why is silver down? Why is gold down? It seems as though geopolitical tensions are easing and investors are no longer looking for safe haven demand? What should we do with the lower silver prices and gold prices? I like to buy the dips and continue silver stacking while the metals are moving lower. I look at what some analysts are saying about silver price and gold price in this video. Where do you think silver price is headed?
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Topics I cover in this video: silver price, gold price, silver news, gold news, silver stacker, silver stackers, silver stacking, silver stack, silver and gold, gold and silver, gold news, silver price down, gold price down, gold price all time high, gold price update, silver price update, why is silver down, why is gold down, silver price change, gold price change, fed rate cuts, silver coins, silver bars, gold coins, gold bars, buy gold, buy silver, silver investing, gold investing, buy silver and gold, invest in silver, invest in gold, precious metals, precious metals investing, invest in precious metals, silver, gold, coins
#silver #gold #silverstacking

[@bellowsforge9726]

Just simply buy on the dips, and keep Stacking

[@user-gj6rl7po9q]

This isn’t really a dip tho

[@zed332l]

Buy what you can afford it when you can find it, getting harder to find it in lower quanities.....

[@SantiagoA.Wright]

What are the best additions to a $500k portfolio to boost performance? S&P 500 is Up and will do better in 2024 I believe as indicators for profits continue to improve, investors like me believe that “Santa has come early” to the markets.

[@SantiagoA.Wright]

wow massive gains! my partner recently hinted on going same direction.. what did you invest in, and who is your investment advisor please, if you don’t mind me asking? in dire need of asset allocation

[@SantiagoA.Wright]

Thank you for this amazing tip. I just looked the name up, wrote her explaining my financial market goals and scheduled a call.

[@user-dk1rr6lk7k]

Hold your metals every body ; you will be sorry if you sell , the banks are doing this don’t sell !!

[@Balaji-sy6vf]

How much correction we can expect on gold, with current price?

[@sylmaron5859]

I will hold on to it.

[@edwardhubbard9769]

I agree…..🏴‍☠️

[@seapanther53]

Gold will go past 10k, and silver will go past 1k, easy.

[@harryharry3193]

@@seapanther53 pffffffffffffffft

[@sanpedro92]

Doesn’t mean anything for long term stackers, just another sale for buyers!

[@michaelcostin2384]

Exactly.

[@slapdat.byteme]

Nailed it

[@youngpension5093]

Bruh wait how does this effect 40$ dollar buyers come on bruh 20 years and ppl still ain't come back , IM UP off silver rn but I do not understand

[@sanpedro92]

@@youngpension5093 people hold silver to hold wealth not to get rich.

[@michaelf6705]

They just want to create panic among those that expect to retire off it overnight, so people sell off and they can buy up cheaper. Just sit back and relax let it come to you kind of like fishing.

[@beatrixkiddo5]

Well put, I got my lounge chair and reel in the water. Taking my time. Very encouraging comment thanks!!

[@unvaccinated_proletariat6960]

❤

[@swmita]

I buy silver whenever I can regardless as to whether it goes up or down.

[@michaelf6705]

@@beatrixkiddo5 your welcome

[@stratcaptain66]

Most of us here are probably not paper silver holders, so we’ll just sit on our stacks of physical and let it do what it’s supposed to do…preserve wealth.

[@timperry8428]

Who cares. It went up plenty enough and is staying elevated above Previous all time high levels. It's will continue to go up at the very lest slowly. That's how gold works

[@emm_syd_music]

Wise words, sir👍.

[@novarsk77]

I think it may retrace to the 2100 dollar level to retest that multi year high

[@user-nx8yj3iu1z]

It goes up it goes down then it goes up then it goes down that's the reality of precious metals market

[@blazingfuryoffire1]

And this time, it's timed to a major blow to assets as a whole.

[@user-nx8yj3iu1z]

Yes I believe you are correct

[@royboy4199]

Everyone needs to stop listening to KZbinrs, they are only in it for the clicks. KZbinrs are not your friends, they stir up the FOMO , doom and gloom and the silver going the moon craziness. Please, people buy and sell when you want, don’t listen to others opinions.

[@lepton31415]

people should stop listening to silver trolls

[@michaelf6705]

and most of them say the exact same thing every day.

[@bengunn6571]

You can't expect prices to just keep going up without some corrections and dips every now and again. Metals are still up a lot YTD.

[@vincentyeo88]

No worries. Keep calm. 5 percent drop is just a correction from the overbought position. Not financial advice.

[@ModeGamingLeagueOfLegends]

Congrats for everything you are posting guys! 🎉

[@geporras99]

Great information! Thanks for sharing.

[@natemr4482]

Great video brother thanks for the info have a great week 😊

[@jesseclayborn]

Great video guys. Loads of good information.

[@emodx74]

You nailed it. This is great work my friend!

[@GolfVegas]

Subscribed, stacking and learning 👍🏼👍🏼👍🏼

[@SilverGargoyle4239]

Oh well, let the price come down a bit. Time to buy😅😅😅

[@zed332l]

Bought my first Eagle at 4.00 dollars and I was crazy.......

[@matthewlewis-zw3tf]

That's what I'm talking about. I want to buy more now!

[@nghibluu]

@@zed332l Wow that must be a very long time ago, good for you!

[@ReflectiveMetal]

Don’t worry young stackers just stay in it for the long haul. those of us that have been doing it for a while we’ve seen these prices go up and down dramatically, surely I’ve seen it since I started stacking silver when it was trading at $5.25 an ounce. it’s a long-term savings. Hang in there.

[@HereForAStorm]

It's just responding to me buying some last night before it opened.

[@unvaccinated_proletariat6960]

Buy in dip days ❤

[@Matty728]

Love the channel ❤

[@skypieper]

Stoked on the price drop. As a new stacker it gives me the opportunity to buy a little more.

[@saltyuno]

Gotta take 1 step back to move 2 steps forward. Calm down everyone

[@user-yd3kq1nl4h]

Time to buy!!

[@eddiexoc8430]

Thank you.

[@konradv7]

Time to buy!

[@elbarto-424]

I bought the dip...that's my opinion

[@Acill]

Think of it this way. Your fathers and grandfathers were spending silver dollars in the 1920's and 30's. You could easily get a nice meal back then with that Morgan or Peace dollar. Today, that exact same dollar coin will still get you a nice meal. its lost no value what so ever. That same paper $1 silver certificate, well its worth far less.

[@guinard72]

Agree with the price drivers but just a remark: is is not just the fed funds rate but also read in conjunction with the inflation rate since All boils down To real rate (= mkt rates - inflation rate)

[@johngordon880]

Yeah but didn't have mobiles ,solar panels and 1000s of other gadgets that use Silver

[@ulexite-tv]

That gave me something to think about: Every Morgan and every Silver Eagle is a meal. Counting how many meals we have on hand ... Hmmm. Okay.

[@ronwilliams3965]

These people doing this are so crooked it could go to a penny, and I would laugh. I’ve been stacking for years does not scare me.

[@matthewlewis-zw3tf]

Exactly true.

[@CSXOhioRailFanPlus752]

Nice Video

[@WillyNilly4U]

I would be ok if it went to $20 flat. It would only prompt me to buy more.

[@thomaspeacock7248]

Me too. Lots more!

[@rodneyreid1922]

Once silver reaches $700/ounce, we'll look back and have a good laugh. 😂😂😂

[@youngpension5093]

By that time buddy out dollar will be so trash

[@Techno4more]

Coming from Bitcoin and tech stocks, it's hilarious how much people panic over such a small amount gained or dropped.

[@variancejunky]

People are emotional cry babies

[@StrongStacker1]

The price smashing by the dumping of paper silver resumes!

[@matthewbyrns-sp8lb]

CRIMEX BASTARDS are still at it! But I see a desperate attempt to keep there Scam going. Buying will be back!

[@matthewbyrns-sp8lb]

How many TONS of Paper are being used, Maby buy paper futures

[@elle1014elle]

👏👏👏excellent video

[@dukenukemani07]

I knew this was coming! When people went crazy and started a hype over lower interest rates, I told everyone not to buy into it because IT HASN'T HAPPENED! I told them nothing is done until it is done and that's just good old common sense... Sadly common sense is anything but common these days. I bought more than half of my entire silver stack when spot was below $20 and I backed up the truck and bought more earlier this year after it below $23 and everyone told me to dump my stack before I lose all my money and I just slammed the door on them. Upon spot hitting $29, they tried to tell me to buy more before it goes to the moon after $30 and I told them "No! Stay away from the hype!" Then this happens, as I warned them. There's nothing worse than knowing you're right any nobody listens to you!

[@bebert0504]

What would you recommend in the current market? Looking to make another large purchase. Would you buy in this market correction or do you think it will return to a level before?

[@dukenukemani07]

@@bebert0504 I recommend you hold off all stacking for now until things calm down... The volatility is so bad that right when you think one thing happens, the opposite suddenly happens and that's how you get burned. Especially if you make a large purchase. If you're eyeballing some collectable items for fun and not for stacking, look for some deals on those just to satisfy your itch to buy. Furthermore, the metals rally was started on false hope that the fed will start cutting rates soon and given how so-called investors overreact when things don't go the way they expect, should the fed act in an unexpected way, then this volatility could get even worse. I know it's hard to save money when things go down the way they just did (I know because I have spending addiction), but I think it's just not the time to buy right now. So, save your money until things calm down and charts smooth out some.

[@dukenukemani07]

@@bebert0504 For some reason my reply was deleted! I would wait for things to calm down before making any kind of significant purchase because things really could go either way at this point and I know, like me, you don't wanna get burned. Wait for the volatility to smooth out some.

[@tz4253]

230k congrats!

[@frankeimer3906]

Won't stop me from buying silver. It just means it is being trying to scare people to believe in the fiat currency.

[@Greblav]

Interesting channel & Testing my luck 🤗

[@dennisbuck4139]

Need to look at the long term, but they’re right about a buying chance.

[@SpiKSpaN-ei6zq]

Thank goodness

[@leeargyle7994]

Hope this swings back up

[@tedlov06]

Great video. Thanks for sharing👍

[@ItsEverythingElse]

Hope it keeps dropping, frankly.

[@pierretalbot]

Same here!

[@Riley_Luke_Wilder]

Thanks

[@Dust_kormoi]

This is normal. Every asset fluctuates like this during their trends. Yet people still get emotional about it when they should know better.

[@westondaniel]

Perfect time to buy!

[@pierretalbot]

I bought on the dip this morning while the spot price was at $27.17, down from the weekend close of $28.67. $1.50 down from the weekend close at the time of my purchase today. I saved a stack of cash with just the $1.50 drop.

[@KennethEverett-vy3bk]

Time to buy

[@davidtrzil]

Good to take a long term approach as you advocate

[@fernandogiftedhands9055]

Just bought 4oz today with some change I had

[@rogerfleuryjr2308]

I picked up a britania today!

[@ethanbiggers2728]

Almost 230K!

[@johngordon880]

How far this time?

[@omarelayeb4197]

It's only a correction

[@SilverBirdieChaser]

Buy in the dips, but I’m waiting. This is going to be a wild ride.

[@adamspencer5142]

I think that is the biggest hit I've seen. It is likely the market pricing in no rate cut.

[@darthsilva2084]

Just bought another oz of gold today :)

[@tlgallego7445]

Bought more silver today

[@SilverGargoyle4239]

Great😊

[@attitudeadjusted9027]

When it gets down to 26 I'm picking up another hundred ounces 🤠

[@BA-lt2tx]

Better prices ahead, target $25.5 to $26 for NY spot.

[@hcp8212]

Same grabbed 20 silver buffalos today.

[@walterbriggs7471]

As am I.😊

[@DavidSmith-ru6eo]

I did sale some gold last week for some profit.

[@ethanbiggers2728]

Just means it time to buy more before the price shoots back up.

[@NaturalAnimalKG]

Rates are gunna go UP!

[@alexanderdonnelly424]

It’s taken me yrs to build my stack! It will take more than this dip, to make me PANIC?

[@arturrutra7838]

My gold did $700+ on oz im woundering if its worth to sell all of my gold and buy silver instead ? What do you think?

[@will6334]

Banks dumping contracts to bring down price then buy more physical 🤔

[@Immigrationsituation]

Sold 25% of stack friday. Made a decent profit. Im fine with whatever silver does. If drops more i can get all back plus more. If rises im still good

[@johnkitchens310]

is there sales tax on gold and silver bullion?

[@jersla1999]

The spin changes from day to day. Stack what you can, when you can.

[@wasillastacker]

I'm hoping it keeps steadily dropping until Friday

[@wasillastacker]

I've been buying the same dollar amount of gold and silver, or gold or silver, every 2 weeks for the past 5 years. It didn't matter what the spot price was, it still doesn't. I always buy what's on sale at the time.

[@goma12x]

I remember Sal of Salivate metal say we would have a pullback so not surprised.

[@bertibear1300]

Not worried.

[@jacksmoot4755]

I will wait a day or two to see what happens

[@twilightgarrison3671]

Good for me I’m a new stacker so I want it back to $24 an ounce.

[@eric-Red_Carbone]

Nice opportunity with this dip to scoop up some precious metals. It could keep going down or it could be up in the next couple days you just don't know.

[@carlo7849]

And I just bought a 1/4oz gold eagle when spot was at $2,380. Oh well....now I'm gonna stack, stack, stack if it gets lower by Friday.

[@ninjatvlv6101]

if it gets reasonable again im gonna save what i can to get me a 1 oz gold maple.

[@monsterhuntervideos4446]

There's always dips as gold goes up. It's no surprise, but it might dip more and be a great time to buy. With the all time high being £1950 in Britain, if it drops to £1800 that would be a bargain.

[@markdownton3185]

I'll be in again at £1850

[@arthuryusim663]

Time to buy 😅

[@go4it129]

Good news for the economy. My portfolio is about 10% PM and the rest Stocks, mutual funds and 401ks. Can’t lose

[@LeeuwAdelaar-xe7hh]

Nice i am going all in let's buy some more fisikol gold and silver 👈👏👍

[@Stormy-pe2xc]

Sadly, it can drop fast and in a one day large percentage but takes months to climb back up to where it was, hopefully not this time. Painful for the ones who bought in when spot price was almost 30 with the added premiums.

[@kalanevans4171]

So grateful i can stack more at lower price

[@musclesmouse]

Lower!!!! I need to pick up some silver

[@georgeboutwell6069]

Most volatile times with choppy. 48%

[@go4it129]

I bought a 1/4 oz Britannia when gold was around-28,00. Should have waited till today $10 cheaper. Guess my crystal ball was a little foggy

[@ItchyBurrito]

Keep buying and don't look back! 1 day in a few yrs when silver is $100/oz I might be tempted. Lol

[@foilrider2000]

Yes and a loaf of bread will be $50😮

[@Bossin2k]

Love your videos❤️

[@BA-lt2tx]

Sold almost all my paper gold and a bunch of physical (foreign) gold last week before going short via GLL on Friday. Got lucky on the timing and looking forward to buying American Eagles to replace my foreign gold when spot hits $2100 to $2200... :)

[@Shawnovin]

I am SO stoked it dropped, hope it drops a little bit more even JUST so I can buy more. as it was getting way up there, I still bought an ounce or two kind of to my chagrin but drops like these mean I can buy I figure 10 ounces is about max, maybe more IF it drops more ;)

[@Wesaveingold]

I think big investors have been selling off to get the price down,so they can re enter and buy cheaper. the rally will countine again on friday. that's my guess

[@jolee2433]

From what I remember around spring metals drop cause Rich people vacation 😮

[@edwardhubbard9769]

LMAO. Last week was my buy week. Just proves every time I buy, it drops !! 🏴‍☠️

[@Bowenjohn1911]

Another great video . Thank you so much.need it to come down alittle moor.then it's pick up what I can till it goes up again.keep on keeping on

[@willslls8901]

One of the major factors was the whole Iran/Israel thing. Same thing happened with Russia and Ukraine.

[@dreh1h1]

I’m in everything Gold Silver Crypto Stock market Cash Guns/Ammo Land Don’t have all your eggs in one basket

[@patrickodonnell4429]

Crushed ,that's a push at best, silver is a long play.

[@b.j.stambaugh9213]

Caught the second pull back this morning at 27.07 and put in another $200.00 minimum shipping order at a DCA of 29.06 after premium was added...and I hope we have another one tomorrow and if we do...I'll put in another $200.00 minimum order...hopefully it will be lower...smiles

[@investmentinknowledge9502]

Gold to go down to 2150 to 2250 and will go up fast to achieve 2600 to 2700 usd this year

[@Richard-go7jr]

No rate cuts this year up 1% and 2025

[@saystheking3644]

Id think paper hands are selling too. In my area ive seen more on shelfs again and in a retail world ive seen many people coming out of the woodwork wanting to return items bought during covid layoffs (ya know when there was "free money") now many ppl are behind on cc and loans again and needing to try and cash out any way possible. But have wars stopped? Nope. Is less being used in industry? Nope. Id say this is a correction. How severe, we dont know yet but last month we were floating 22-24. Its still looking alright to me.