I just moved my silver sell point up to $100 per ounce. Unfortunately, I only have about 35 ounces of silver but the proceeds will pay my auto insurance for another year. Gold is going to allow me to withdraw only the minimum from my 401K rollover for a few years.
Between 8:15 and 9:37 this morning silver dropped from $121 to $107. Now it’s back up to $117.
Large amounts of non-silver money (little green slips of paper) are being made and lost in this market - and not by casual investors.
Don’t forget the taxes.