Of course they’re going to raise margins to pull the reins on it. I just hope that a lot of young ones picked up some silver coins before premiums went to high and hold on to them. It has to be a global move to make a real difference like Bitcoin. Otherwise it will stay a catalyst move and hope they learn to start stacking and how to recognize market manipulation moves. I’ve never seen or noticed premiums on physical that high before so can only guess the halt then high premiums were covering their shorts. That looked worse than what happen when silver got about 50 last time except by then margins again were going up. This time they jumped right in with such a small move. Guessing they thought it was a small group of people and small amounts.
I knew AMC was still in play for a bit and read today Mark Cuban was playing cheerleader telling them to hold. I just hope he didn’t move in to use it to sell.
Mr Copper 11:49
No Comments
No comments yet.
RSS feed for comments on this post.
Sorry, the comment form is closed at this time.