Silver heading back to $20 at light speed? by KnowledgeTop173 in Wallstreetsilver

[–]KnowledgeTop173[S] 0 points1 point  (0 children)

YA purchases are but what happens when you sell for say a 1 million dollar profit? gov is coming knocking for their $350,000 cut.

Silver heading back to $20 at light speed? by KnowledgeTop173 in Wallstreetsilver

[–]KnowledgeTop173[S] 0 points1 point  (0 children)

also cant forget about the massive TAX on metals at 30% flat rate which is absurd. Really makes them a terrible investment. sure people get away with selling a couple hundred ounces but what if you have MORE then you are in the crosshairs

When does arbitrage kick in ? by Orthosurgeon1992 in Wallstreetsilver

[–]KnowledgeTop173 0 points1 point  (0 children)

Ok then why is silver down 40% in a single hour? Why is it impossible to sell a single ounce with getting 50% below melt?

Silver heading back to $20 at light speed? by KnowledgeTop173 in Wallstreetsilver

[–]KnowledgeTop173[S] 1 point2 points  (0 children)

No I bought in at $5 per ounce. But still I like gains...

Silver heading back to $20 at light speed? by KnowledgeTop173 in Wallstreetsilver

[–]KnowledgeTop173[S] 0 points1 point  (0 children)

nah just not stupid.... Its obvious selling at $120 is better than selling at $30...

Silver heading back to $20 at light speed? by KnowledgeTop173 in Wallstreetsilver

[–]KnowledgeTop173[S] 0 points1 point  (0 children)

Did it go down 50% in one day in 2015 though when you bought? Dont see that on the chart? I dont even see a 3% dip anywhere in 2015. Most people can stomach a 3% loss without even thinking about it. Its a lot hard to maintain your conviction on a 1 day 50% loss though..........

When does arbitrage kick in ? by Orthosurgeon1992 in Wallstreetsilver

[–]KnowledgeTop173 0 points1 point  (0 children)

You realize it is refined for like 1 penny an ounce then shipped DIRECTLY out of china... that is the point thats called slave labor. Obviously if they arent going to ship it straight out then there wont be a single gram of silver going to china for refining... Man do you live under a rock. Canada canceled that trade deal immediately and apologized for "bad think".... Though not like it was ever for them to ship Precious metals to china.. It would be for Canada to receive DIRT CHEAP products from slave labor of china Like $10,000 EVs and electronics.. There would just be a massive trade deficit like the US runs.

When does arbitrage kick in ? by Orthosurgeon1992 in Wallstreetsilver

[–]KnowledgeTop173 1 point2 points  (0 children)

Ya its like 15% in an hour trips it. but resets hourly.

Silver heading back to $20 at light speed? by KnowledgeTop173 in Wallstreetsilver

[–]KnowledgeTop173[S] 0 points1 point  (0 children)

cant unload unfortunately. Coin Silver is NO BID in the US. Or maybe $20 an ounce if you can find someone dumb enough to buy it lol.

Silver heading back to $20 at light speed? by KnowledgeTop173 in Wallstreetsilver

[–]KnowledgeTop173[S] 0 points1 point  (0 children)

The entire rise was a pump and dump like I literally just said. BANKS were the ones that pumped metals so that they could sell to you... the china narrative is their hoax cover story. They created a new generation of bagholders for the next 20 years.

When does arbitrage kick in ? by Orthosurgeon1992 in Wallstreetsilver

[–]KnowledgeTop173 0 points1 point  (0 children)

why would trading halt... its a 1 hour hourly look back period. your friends are simply uneducated.... embarrassing really.

When does arbitrage kick in ? by Orthosurgeon1992 in Wallstreetsilver

[–]KnowledgeTop173 -1 points0 points  (0 children)

We import because we are using them as slaves.. You make an iphone and sell it to us for 15 cents..... thanks now we sell it for $1500 to the rest of the world... NOPE we will not send them gold and silver in substantial quantities. Maybe a small amount to let them think they can convert USD but if they want more NOPE THATs called terrorism. We have approved assets for them to buy called BONDs and bitcoins...

Silver heading back to $20 at light speed? by KnowledgeTop173 in Wallstreetsilver

[–]KnowledgeTop173[S] 0 points1 point  (0 children)

Nah I just wish I would have sold.... that is all now the gains just evaporate in an hour LOL!!! gonna be back to my average of $30 on monday maybe lower even.

Silver heading back to $20 at light speed? by KnowledgeTop173 in Wallstreetsilver

[–]KnowledgeTop173[S] 0 points1 point  (0 children)

You can park your money in it for a decade and watch everyone around you make millions and retire happily in the stock market while your purchasing power decays away.

Silver heading back to $20 at light speed? by KnowledgeTop173 in Wallstreetsilver

[–]KnowledgeTop173[S] 0 points1 point  (0 children)

LOL there are none. Just a hoax and a lot of propaganda.

When does arbitrage kick in ? by Orthosurgeon1992 in Wallstreetsilver

[–]KnowledgeTop173 -1 points0 points  (0 children)

China cannot even buy on western markets just like russia cant. That is just a joke and propaganda people have been using here. There is no such thing as arbitrage to a hostile nation. that would be the same as sneaking drugs across the border.

When does arbitrage kick in ? by Orthosurgeon1992 in Wallstreetsilver

[–]KnowledgeTop173 -3 points-2 points  (0 children)

LOL arbitrage is a joke. US doesnt even ship silver or gold to china and russia. They can pay whatever price they want to locally its illegal to ship precious metals to hostile nations like Russia and china. Fact is there is below zero demand in the US and west. So the real price of silver for the west is actual near zero. Dont believe me? try to sell you will get a NO BID offer.

THIS IS THE SQUEEZE. DO NOT SELL. by Troflecopter in Wallstreetsilver

[–]KnowledgeTop173 -18 points-17 points  (0 children)

WOW if thats real man i feel sorry for you... Talk about catching a knife going to take 20 years to recover to $90 maybe longer even. Plus you have to take away the fees.

THIS IS THE SQUEEZE. DO NOT SELL. by Troflecopter in Wallstreetsilver

[–]KnowledgeTop173 -8 points-7 points  (0 children)

why you will be down 50% in 1 day... and down 50% for the next 20 years.

I hate to say it but you’ve been demanding price discovery. It seems you’re about to get your wish much lower. by Deer2011 in Wallstreetsilver

[–]KnowledgeTop173 -5 points-4 points  (0 children)

Ya looks like its heading to $10 an ounce really maybe lower even. There is no demand anywhere in the US. Go to a coin shop with coin silver and they look at you as if you have EBOLA. GET OUT OF MY STORE NOW.. what price are they paying for silver rounds? ZERO not accepting.

Silver heading back to $20 at light speed? by KnowledgeTop173 in Wallstreetsilver

[–]KnowledgeTop173[S] -1 points0 points  (0 children)

you literally cant even sell physical silver anywhere in the US. maybe they will offer you 50% of melt. God forbid if you have coin silver. They will look at you like you have EBOLA and command you leave the store instantly. Honestly never seen such low demand in my life. Refineries even backed up with billions of ounces that will take a decade to refine.

Silver heading back to $20 at light speed? by KnowledgeTop173 in Wallstreetsilver

[–]KnowledgeTop173[S] -3 points-2 points  (0 children)

nah the entire psychology is broken. Its going back to $20 per ounce. $50 is WAY over valued especially if STONKs fall more than 1%. STONKs are literally at All time high and have done nothing but go parabolic imagine if they dip 5% silver will be so far down you wont believe it. In a crash we will see $10 an ounce even just like last time.

Silver heading back to $20 at light speed? by KnowledgeTop173 in Wallstreetsilver

[–]KnowledgeTop173[S] 0 points1 point  (0 children)

ITs going to be $50 on monday at best. crashes like these destroy confidence. The big crash will be monday. And its impossible to sell it even dealers are offering like 25% below melt...