Silver Clobbered to $14.32: Fat Finger or Nefarious Banker Behavior?

in market •  7 years ago 

This is a short report on the silver price activity in the late at night from London. Silver "flash crashed" from $16.10 to $14.32 in a matter of seconds just around midnight on July 7th, 2017.

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Time to buy some silver!

What I appreciate most about you maneco64 is that, despite everything to be cynical about these days, you refuse to be a smartass. You call it like you see it with zero ego. That alone deserves an upvote.

Why does this always happen when I am not on my computer. I would've bought silver immediately if I had seen this.

Here we go again, don't these guys know to manny people are waking up, and silver is at a super low price that we should be taking some of it off the table especially at these prices. Buy Buy Buy That is what I recommend because these prices won't last long. Thanks again for the info and I will be looking to get some soon.

Getting desperate for their last chance to attack it before around August 1st and the market turns bullish again.

Silver at 14.32! What a steal!
Your dedication is well recognized, thanks.
I still say grab what you can and ignore the smash.
By the way, get some sleep. 😉

Malicious, maybe, is there something going on with the trading computers?malware, internal sabotage? A buy signal for physical in my book. I am off to the Perth Mint website as soon as selling opens, need to "backup the truck" before bullion traders start completely ignoring this paper trading nonsense.

manipulation.

The manipulation will continue to work, until it doesn't. Keep calm and stack on!

Lol - Perth Mint out of stock on the cheap simple rounds. Had to buy one of the more expensive designs. And so it begins ...

F.U.R.R.
(follow, upvote, reply, resteem) ;)

Those that are still asleep either don't pay attention anyway, or won't touch the shiny stuff with a 10 foot pole. We see opportunities, they think the Stock Market is safer.

It seems to me that the system is showing cracks around the edges. The more these things happen, the less integrity the system has.

Things are coming unglued. That's twice this week we’ve seen inexplicable flash crashes after hours. Monday night major stock flash crashes, include Amazon crashing 87%, & last just before 8:00 PM silver flash crashed down to $14.40. These are ominous signs. Only a fool could believe the official "fat finger" or "technical glitch" explanation.

I see Gold went down $5 at the same time. I do not understand why the Metal Bulls think this crap is going to end. Why would it, they have been doing it for years so what's to stop them from keep doing it?.

I saw this too. I'm glad I wasn't the only one, heh. First, etherium, then the US markets, now silver. Is someone trying to tell us something??

Upvote for the Canada pillow in the back! These are some interesting times. I have no idea what's going on or gonna happen but I'm gonna keep buying my usual every payday. Thx for the post. If u like to look at silver and gold I've been posting alot of videos and getting alot of videos with no views 😝

Who does the fat finger of suspicion point to :)

Why does the 'fat finger' always accidentally hit the sell button, rather than the buy key?

Silver is going off a cliff right now, down under $15.50, below the cost of mining & production. It's only a matter of time & it's getting closer by the day. Prior to this week I thought by Christmas of this year, but now I don't think we'll make it to Christmas without a major stock market selloff & gold & silver manipulation failure.

It doesn't end here, Technically with sellers in control and the known manipulation of the markets, it would have to be some sort of stimulus that puts the world in more danger for it to be higher. It looks like on the bid side all the stops were taken out to an open gap at 14.27 ish. Then we had buyers put it right back up but the net shorts increased by 2,000 contracts when all said and done.

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