iShares Silver Trust Message Board
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Thousands of former stackers attempting to Dump silver on eBay - They're sick of it
Silver has failed, again and again and again. Thousands of fed-up former stackers are attempting to dump their silver but are having a hard time finding buyers stupid enough to buy into the failing silver bubble.
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The bounces just keep getting weaker and weaker on lower and lower volume.... Smart folks want out.
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They all want out of silver before the next big leg down
- 1 Reply to ext4r
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they want out
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They're all dumping
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they all want out
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If you knew how to read a chart you would see that the weekly has formed a cup and handle on both gold and silver. The handle forms because weak hands are selling at old highs. Low volume and a slight decrease in price is classic behavior as smart money gobbles up existing supply.
Its pretty obvious that you don't understand technical analysis, supply and demand, or any other basic finance and economics 101 concepts.Sentiment: Strong Buy
- 1 Reply to canyon157ryder
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Yet silver was near $50 18 months ago at the height of the bubble, and now is struggling in the low $30's as the bubble continues to deflate.
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With silver prices collapsing, it's hard to find suckers to buy silver. Silver has a black eye.
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Can't dump their silver fast enough
- 1 Reply to ext4r
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Can't find many suckers willing to buy anymore.
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