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DRGEORGE
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Putting the Latest Silver Crash Under a Lens

- Keith Weiner - Monetary Metals

Isn't 23:06 GMT an odd time to sell? If I was selling a big stack of silver I'd be waiting for the most liquid hours when all the big markets were open and I'd be able to unload all or most of it before the price fell? Why sell when most of your buyers are asleep?

Commented 2587 days ago

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Beginning of the headline :On Thursday, July 6, in the late afternoon (as reckoned in Arizona), the price of silver crashed. The move was very brief, but very intense. The price hit a low under $14.40 before recovering to around $15.80 which is about 20 cents lower than where it started. Buyers of silver are rejoicing. They can now get more money (silver, like gold, is money) in exchange for their dollars than before. However, as we see from the reactions in the community, there were few buyers. Cries of woe are heard eve... Read More

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