BUYING OPPORTUNITY FOR SILVER?
and GOLD?
NOT YET...
The PRICE OF SILVER DROPPED in overnight trading on the FUTURES CONTRACT. In ONE MINUTE 1,573 CONTRACTS TRADED in ONE MINUTE sending the price down over 1%.
Buyers of PHYSICAL SILVER should probably take this as a sign of a continual heavy short interest in silver which will probably take the price lower. The $13 level is a key level for this LOWER TEENS price range in silver. Prices below $13 and premiums will be watched for various coin collectors and bullion dealers to see whether they drop significantly with the spot price. If they do the BUYING OPPORTUNITY for PRECIOUS METALS and especially low cost silver may ignite some interest in this market however even further shorting could take the price of silver below $10 and into the SINGLE DIGITS.
Buyers should wait to see how physical premiums will be adjusted as the price goes down. With the inauguration of President Donald Trump scheduled for January 20th it seems that current political conflicts between the Trump and Obama administrations have kind of stalled market trends since the November 8, 2016 ELECTION DAY, however they may continue to resume this TRUMP RALLY after Inauguration Day and the price of precious metals could move much much lower:
Embrace the Antichrist and BUY BITCOIN:
THE PUMPERS of SILVER and GOLD are now PUMPING (and may even be dumping) BITCOIN:
An alarming group of truthers and patriots (who are indeed showing themselves to be scoundrels) are pumping BITCOIN quite a bit lately. This group includes but is not limited to a whole cast of YOU TUBE CHANNELS that previously would preach about Ron Paul, sound money, ending the FED, and the U.S. CONSTITUTION. Now they are all into BITCOIN and even embrace it as a better alternative to the US DOLLAR. Seems they love the spirit of Antichrist and are great candidates to embrace the mark of the beast. Very strange while even many of them at times act like they believe God.
...developing...
