Silver Price Is Selling Off - How Far Can It Fall? | When Will It Break Out?

Silver price is under big pressure today, but how far can it really fall? Perhaps more importantly, when will silver and gold prices break out?
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#silver #gold #silverstacking

[@justinaldrich1719]

I love it as a long term stacker the longer the suppression the better.

[@jamesreney2210]

@justinaldrich1719, ... OH, ...JA, ... it's just giving US more time to BUY, BUY, BUY !

[@sswwiinnccee]

I don’t think we’ve got more than a month tops before we see irreversible pice hikes. With any luck we’ll get a good dip between now and then but buy whatever you can this September because there’ll be no more bargain bin prices after that

[@kenpeters9807]

Your headline says: silver selloff. But no one is getting rid of silver. They are short selling paper silver which is way way way in excess of actual silver. When will our legislators ever legislate against this price manipulation?

[@nicolastimlin1019]

That was my concern. Who could possibly be unloading their stuff?

[@pandorasbox9294]

Never

[@johncolombo3283]

This manipulation will come to an end. They are finding it hard to keep up.

[@Rubber-nv9dl]

Could it be the price is artificially low to keep big donor manufacturers who use it happy, until they can't?

[@kenpeters9807]

@@Rubber-nv9dl yes. I believe you are on it

[@mongo9584]

deflation before hyper inflation

[@Micfri300]

Quite the opposite in my opinion. 5.25% is the peak and the job market is falling apart.

[@freemover975]

the suppression is sickening.

[@steven1499]

Exactly what I keep saying, but hang in there!

[@jamesreney2210]

​@@steven1499SUPPRESSION,... IS, A ...CRIME, AND LIKE ALL, CRIME, EVENTUALLY IT WILL COME TO AN ~ END

[@Micfri300]

For me it's not sickening. For me its a confirmation bias that they are absolutely scared shitless.

[@kingkeebo80]

Absolutely 😂​@@Micfri300

[@emrysmyrddin8279]

Silver sell-off while gold is still at 2500 is interesting. What I'm really wondering is how long can they keep it up before some wealthier private investors just sweep up the entire supply? If we go down under 27.50 I will buy as much as I possibly can

[@chrispaul7849]

why worry about 40 cents? that's 8 bucks a tube

[@steven1499]

Exactly... China is buying silver because electric vehicle batteries need silver and other products like colloidal silver ECT.... When silver goes up to 50 plus dollars every other product is going to go up as well!

[@jamesreney2210]

I don't worry very much about relatively small changes ~ corrections of the price of, Ag. Almost, 3 months ago, when I had ordered, X, amount, I didn't even open the shipping container for over a week ! Why ? Well, what for ? I knew what it was, count ~ quantity, purity and, perhaps most important of all, ... Who, I do business with ! I haven't bought ANY, ...TO GET ...."RICH". Although, I, of course, have a tremendous problem with the Debt based ~ "Financial model", ...... Keynesian ~ a la Rothschilds, Warbergs, associates, assigns, heirs and minions, etc., etc. I do, however, necessarily agree with the, English Lord Rothschild who said, famously, "BUY, WHEN THERE'S. BLOOD ON THE STREET. BUY, EVEN WHEN THE BLOOD, ...IS YOUR OWN !" I, buy in relatively small quantities. I, ... HOLD, ...I, NEVER SELL About, every, 3--4 days, I take my Notebook dedicated to recording the, Spot Price. AT, .... 6, different sites. AMPEX, COMEX, KITCO, MONEX, ...&, then the rest are, "Bullion", ...Bars, Coins, Rounds, Sculptures or whatever. So, I waiting and watching. I would not be all that surprised if, Ag, took as much as a, -- $ 2.xx, blow ~hit. Buy, on the "dips" ? Absolutely ! With all of the constantly growing Industrial demand, ... AND, .. PEOPLE WAKING. UP ; EVENTUALLY THE POWER OF THE PHONY, DISHONEST, MANIPULATIVE ~ "PAPER CONTRACTS" ~ ARE GOING TO COME TO THEIR, END ! SOON, THEIR ..."BACK, WILL BE BROKEN" ! GET YOUR, $, ... OUT OF THE [ ANY ] BANK ! "It ain't nobody's business Honey, how in the, World you makes your money, ... ain't nobody's business, but your own. And, it ain't nobody's business, Kid, where YOU keep dat money hid, ...no, it ain't nobody's business but your own..." Eric Von Schmidt, ..60's Folksinger and writer. The, lyrics come from his song, entitled, "Champagne Don't Hurt Me", ... [ Baby Coke-ayne Don't Drive Me Crazy ]. So, ..ja, just be PATIENT ! My, only "regret" ? I can't really afford, yet, to get into the, Au, market. Keep your faith in, GOD, and KEEP STACKIN' !!

[@emrysmyrddin8279]

My reasoning is there are still spot price deals I haven't taken advantage of, but they are the kind you can only buy once so I'm trying to wait and buy them after another megadip type situation

[@klinikat5313]

This is so annoying when Silver sells off the most. 🤡💩🤡

[@C-130-Hercules]

$25 next 😊 If you're not happy about that, then you are stacking silver for the wrong reason. If you are looking for capital gains from an investment, you should be investing. Silver is not an investment. It is protection. It is your life raft. Stop trying to make your life raft into a Ferrari. Just because they put liferafts on sale, don't sell yours. Silver is all about stacking and forgetting. That's it.

[@ogluster8873]

When silver is $25 you’ll be buying it for current spot price

[@C-130-Hercules]

@@ogluster8873 Absolutely 👍 because of the premiums. That's a good point. That is true for every spot price, forever. For anything. There will be a premium yet the price does fluctuate and so does the premium.

[@robertjosan]

I think I would rather buy my protection when silver crashes ty

[@Micfri300]

I like to think about it like this- The 1980s had a recession when interest rates in the uk and us were above 10%. The 2008 crash interest rates prior were 5%. Each economic crash the level of interest rates prior to it happening is going down and down. The economic stimulus packages are going to be less in terms of the financial amount.

[@johngordon880]

Your opinion, I want and expect it too triple in months!🤪$$$$$$

[@deltaskyhawk]

There is a world-wide shortage of silver. Price makes no sense!

[@ericreen6168]

Sadly no dealers reflecting this in their price 🤬🤬

[@SmartSilverStacker]

I don't know what you mean. If you buy silver today it's cheaper than yesterday

[@FauxQue-yk8dt]

Sure are. When the price drops the bullion houses claim they're sold out. They're not going to sell at a loss.

[@patriotares]

Online dealers seem to honor spot whereas LCS not so much because they've got silver tgat tgey paid ydays price on and can't sell for loss

[@jamesreney2210]

​@@SmartSilverStackerIf, you don't know what he means, I'll tell you !!. What he means is, simply, that in the case of, ... some Dealers ~ LCS, etc , when THE, Spot price goes DOWN, ... the PREMIUMS, ...GO, UP ∆ . |

[@williampeterson2952]

@@jamesreney2210exactly! I checked prices at my LCS and they haven’t budged much at all despite the significant pullback in spot price.

[@Prepare2Survive]

Silver chart shows it already had 2 separate lower highs over the past few months along with 2 separate lower lows. That typically is a downward trend so we could be headed for a 3rd new lower low at under 26 bucks before it heads back up to a 3rd new lower high of around 28 bucks.

[@DrummerJay74]

That's how it looks to me as well.

[@pl3317]

Paper silver always gets hammered before it rises. I think it's to do with covering shorts.

[@jamesreney2210]

​@@pl3317 It, has to be that.

[@MagicMiro]

Silver is dropping while Gold is still at 2500 because when the stock markets go down the Big money get rid of their Silver first to cover their margins. If the drop on Nasdaq SP 500 and Dow continues , they will start selling their Gold as well. The down on the precious will be short lived, however it may become really nasty and to wipe out many day traders before the precious metals skyrocket.

[@robertjosan]

Silver is broken, its mostly an industrial metal and with a recession coming soon which will give us the biggest stock market crash since 1929, buy TLT treasury bonds as rates get cut. Silver won't get that break out until this cycle is over after the stock market recovery

[@williampeterson2952]

I believe you are correct, sir.

[@Rubber-nv9dl]

In what year? 2087? Good time to buy.Take it when you can get it!

[@mrjim1973]

Same old, same old market manipulation!

[@BlackSwansFine-co6cd]

Been in silver forever, traded miners, royalties, and metal. $25.28 USD is the 40 year cup/handle breakout line. Primary silver miner production is around $26 per ounce. If silver falls under $25.28 and you can buy physical silver for $26 that would be a steal during the recession we just entered as the US10Y-US02Y has un-inverted today.

[@mebaugh1]

I’m waiting for a drop to $27 or lower before I stack in earnest

[@kadorywasfy]

the cost they say it near 18-20$ not 25$ if i am sure

[@timmanning5440]

Anytime they are pushing anything, the price is probably too go down. Fact. Supply and demand.

[@WalkingTemple-ws2si]

I've said this many times; Price manipulation will end when the tool of manipulation becomes worthless. That is the US dollar! The spread between the physical metal and paper will be so great that it will expose and end this practice.

[@christianurpani6909]

Yep I am buying

[@Micfri300]

Everyone laughed at japan. What the Japanese economy is right now in terms of interest rates is our future across the world.

[@jeepstergal4043]

My goodness! Why would anyone laugh at Japan? Anyone laughing at them today should not complain when Japan indulges in a little schadenfreude later on

[@Micfri300]

@@jeepstergal4043 and they should. The world picked China over them.

[@JFEnterprize]

One of the best damn channels out there for metals 🎉❤ I like bald guy money as well. But your more practical for me and more informative. Well done 👌🏻 🧐

[@SmartSilverStacker]

Thanks!

[@jasonking7729]

The boring sideways happened a lot between $23-25. I'm still impressed by the current numbers. More crazy to come!

[@byronhsu9786]

According to the fractal I'm tracking, it won't go lower than it is now. Next week it'll start to rise towards 30.50 and then consolidate between 28.50 to 30 for the next 3 months before breaking out to the upside. The price now is a buy imo.

[@williampeterson2952]

Well, despite the obvious price manipulation it’s still up about 30% this year since I bought in early October. I’m not greedy or impatient. 30% a year is just fine with me. 👍🏻

[@gregmuensterman2928]

The manipulation is really starting to PISS ME OFF!

[@lawrencecole6527]

Below 28, maybe the window has shifted even lower. That means silver should not see 32 again.

[@SmartSilverStacker]

Once silver breaks out of the current consolidation, it will be headed much higher than $32

[@armandoreyes2750]

Silver prices falling is a good thing. REAL GOOD! Get out there and buy it ALL up. Spread the word, tell your friends and family. Don't let the wealthiest own it all.

[@dustinmiller2775]

As Will Rogers said, The best direction to ride a horse is the one he's going! 🤠

[@carllarouche7314]

I thought all you guys said by sept the big breakout happens more bullshit again !

[@jeepstergal4043]

This is a slow process. Time for everyone to settle down and practice a little delayed gratification.

[@xessq1]

took a little advantage.. few bucks face of junk and 15 ounces of rounds... i mean 29 and change an ounce at my LCS.. works for me

[@chrisp.5272]

Dollar Cost Averaging, buy what you can over time and hold onto it until retirement.

[@Dig_it_123]

Not sickening just another chance for people to load up and buy the dip.....what a great opportunity

[@stevenmontplaisir3541]

Last time it dipped to below 27 was my top off time . When I sell it will be 15-30 to one on gold per oz . Or I will just pass it on to my children in my estate.

[@Breadfromspirit]

Time to buy soon

[@user-kb1nd8yy8w]

So, prey tell, is it silver selling off or comex paper contracts selling of? There IS a difference.

[@benjigaines7044]

Gonna start buying again soon 27$

[@dalehandy2186]

Not much of a drop down under-sell 1oz $49.60aud buy back $44.00 20% premium their not giving it away.

[@goldguilder9554]

Buy at sub 28 sell at 29 rinse and repeat

[@teohsoonkeat3058]

Silver in jewellery.....is 300% profit.....buy silver and hold......

[@SilverDadKnows]

Silver is poised to hit all-time highs any day now, driven by mounting demand and economic uncertainty.

[@FauxQue-yk8dt]

Wanna bet $100.?

[@jamesreney2210]

Adam Smith's, "The Wealth of Nations", said that, unfettered, the, "Invisible hand of the Market", ... EVENTUALLY, ... MUST, SET THE PRICE OF ANYTHING / EVERYTHING. "Stein's Law ", ... Every thing that is not eternal, .... WILL at some point come to an end". Ergo, we've only to, WAIT !!

[@idonttext9783]

it wasnt the real bull run yet it was inflation priced in

[@corporatemcmahon2815]

Best channel for gold and silver. Not that punk salivate with his lame exploooooore.

[@Micfri300]

Today confirmed to me that we are entering into stagflation. Less jobs created. Unemployment the same. Inflation on wages went up. If we dont see a 50 rate cut at the bare minimum(i personally would go for 75 rate cut to save 2025 if they really want to save Unemployment from going crazy. A big 75 rate cut and nothing else for 2024 is in my opinion the best tactic.

[@ChrisSwaenepoel]

Slv over 200+

[@moneysaversilver]

I just bought some more silver in the dip why not when it's on sale like that

[@randywhelchel4674]

No

[@spqr9974]

l'm Wondering ONLY if : in Next Crush will see Silver at @ $ 25 which l considering to be miner's producing prices ?????... Aditional Question would be if we may do more $ from trading than actually owning the fisical metals !

[@PaulioMaldinio]

Bitcoin the lot, I sold all my silver the last 2 months. Its all shit, minimise outgoings now, I'm on Ramen and beans

[@johngordon880]

Oh boy , your Gunna regret it big time

[@DrummerJay74]

$25.30 by the end of Sept.

[@jamesreney2210]

I'm hoping, .... HARD, that that happens !!

[@johngordon880]

$100

[@lotsofthisandthat9791]

I think it will bottom around $21’s

[@benny4162]

I miss the days of $15 to $18. I don’t think that’s coming back.

[@JackieChan-rk7mc]

Shit that's a dream! I haven't seen it that low since 2020

[@numberstreets]

You thought wrong

[@jamesreney2210]

AFTER, ... THE "FED" ... DOES WHAT IT'S GOING TO DO, ....THEN, WE'LL ...SEE, WHAT HAPPENS. AND, ... DON'T FORGET, TOO, THAT ... EMOTIONS, .. HAVE ALWAYS PLAYED AN IMPORTANT PART !!

[@Bluebird590]

Much lower $22 - $24 range now & election

[@jeepstergal4043]

I agree. I see around $24 too

[@chrispaul7849]

everything crushed ...

[@mongo9584]

26

[@robertjosan]

sell your silver before it goes back to the teens

[@robert4027]

LOL.

[@angelikaesterhuizen1691]

🙏💜🇿🇦

[@jamessteele2825]

Told u guys, silver is trash.

[@SmartSilverStacker]

even with today's sell off it's one of the best performing assets of 2024. Probably just sour you didn't buy before April

[@DrummerJay74]

It's a money maker if you know when to buy and when to sell. Its volatile nature is great for getting in and out short term.

[@jamessteele2825]

@SmartSilverStacker ur cherry picking times. Adjusted for inflation, it's at about 6% of its all time high. An asset that's off its all time high by 94% is trash. U stickers always say long term. Ok, pick any 7 year time, stocks and crypto etc have all wayyyyyy outperformed silver. It has NEVER kept up with inflation. Shit it was 28 an ounce couple years ago. U can't argue facts. Only twist them for views.

[@jamessteele2825]

@@SmartSilverStacker ur just trying for views

[@SmartSilverStacker]

@@jamessteele2825 pretty sure you could say that about literally every creator on KZbin lol. We don't make videos for people not to watch them. However, I reiterate that it is a fact not an opinion that silver is one of the best performing assets of 2024.

[@johnnyb3126]

First 🥇🪙

[@saltydog3394]

🧀👍

[@funnyhoodieninja]

Im positive we are in a full blown depression !

Great. I am buying more ...everyday...for at least two more weeks....ha ha ha

[@gipsytree]

Another buying "opportunity" 🥈 🥈 buy the dip guys 😂🤡 🌎

[@SmartSilverStacker]

Just did, picked up some more 90% half dollars