Silver Spot Price Becoming Unrigged! Jan 2018

in steemsilvergold •  7 years ago 

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Prepare for Free Floating Silver!

Great news for us silver stackers!!! Looks like CME Group and Thomas Reuters are stepping down from providing the "silver price benchmark auction" aka the price fix! Best of all, it could start as early as 1 Jan 2018!

Thanks goes out to Bix Weir for bringing the following information to light!

Read More: http://www.reuters.com/article/us-silver-price-lbma/cme-thomson-reuters-step-down-from-providing-london-silver-benchmark-idUSKBN16A20G


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7 years ago by

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      ·  7 years ago 

    If it does happen, "early as 1 Jan 2018," be sure to order your 2018 coins, early. If prices skyrocket, not many will be sold/produced, low demand. Could create shortage, of that date. Especially, Silver eagles and demand minted coins.

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    1 vote
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      ·  7 years ago 

    Agreed. Not only that, but the premiums will rise a bunch, too. Hopefully we'll be able to lock in a good price beforehand.

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      [-]
        ·  7 years ago 

      Thanks for that information! Early adopters... or in this case... early to know! Now let's see where the chips fall.

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        1 vote
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          ·  7 years ago 

        This is good news, especially when we still have a few months to add to the stacks.

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          1 vote
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            ·  7 years ago (edited)

          I agree! "Now" is always a good time to buy!

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          12 votes
          [-]
            ·  7 years ago 

          Oh snap, time to buy!

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            [-]
              ·  7 years ago 

            Definitely! Price will start to jump up pretty quick for sure. Stock up for Christmas!!!!

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              [-]
                ·  7 years ago 

              This post recieved an upvote from minnowpond. If you would like to recieve upvotes from minnowpond on all your posts, simply FOLLOW @minnowpond

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                [-]
                  ·  7 years ago 

                I've been puzzled over the low prices of silver for a long time.

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                  [-]
                    ·  7 years ago 

                  I know it can't last forever, as silver's true value will some day be realized. But MAN, it seems like it is taking FOREVER!

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                    1 vote
                    [-]
                      ·  7 years ago 

                    Silver is cheap these days, it's a great time to buy if you don't mind holding for 5 to 10 years. A nice insurance policy against hyperinflation.

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                      [-]
                        ·  7 years ago 

                      LOL, I've already been holding for about 6 years...what's 5-10 (or 20) more?! :-)

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                        1 vote
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                          ·  7 years ago 

                        Thanks for sharing this news!

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                          [-]
                            ·  7 years ago 

                          Not a problem! This could be "yuge!"

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