This kind of volatility we are seeing in silver is insane, and is further proof that the paper market is manipulating the price! Silver hit a low of $26 yesterday, yet 3 days earlier it was $40.50!
$40.50 minus $26 = $14.50/oz. dip.
$14.50/$40.50
= 35.8% drop in three days!?!
And yet, this morning, silver hit a high of $33.65. In just over 24 hours, silver bounced back by about 29%?
$33.65 minus $26 = $7.65/oz. gain.
$7.56/$26
= 29.4% gain in just over 24 hours!?!
I know this kind of market volatility and price changes are unusual. It's unusual even for a tiny $3 million market cap penny stock! And the silver market is a major $30 billion annual industry, which is 10,000 times larger than more stable penny stocks!
How can a dealer deal at 3% or less in this kind of environment?
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