While I was hiking, I checked the silver price….
$83.93 on Kitco!👍😀
Then I heard that the CME just raised margin requirements on a 5000 ounce silver contract from $22,000 up to $25,000…….
So the spot price immediately dumped down to $77.01😮
A gambling casino not really a true Spot market!🙄
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Too bad there was a correction, but we'll see where it goes next... All it takes is one big move like that to dump the price!
I woke up this morning to see silver crashed back down....
Bitcoin back down to where it was over the weekend......
We just need to patient and keep stacking!!😇👍😀
Hopefully things turn back around soon! Silver and gold aren't done for sure!
Typical market behavior my friend, I don't think Silver and Gold are anywhere near a blow off top yet!!😇😀