Shot Dead? Silver Enters Bear Market In A Little Over A Month's Time, Clinging To $23 For Dear Life!

September 23, 2020 / www.silverdoctors.com / Article Link

There's a flash sale on silver right now, but it won't last long! Here's why...

*****

UPDATE 1

An appropriate expression could be "the beatings will continue until morale improves":

The cartel apparently doesn't really care about actual smart people buyin' up all the shiny phyzz at bargain basement prices, however, so, um, yeah.

Something big must be coming, in a false flaggy kind of way, be it real, a hoax, or some combination of the two.

Regardless, with silver's price action of late, and especially of the last two days, don't let this move scare you into thinking silver's going back down to ten bucks or something.

For only a shill would say they sold their physical silver at $28 with hopes of buying it back at $14 (even though premium creep would probably make said silver three to four times that price by then).

The stock market is also not fairing very well.

Here's the Heartbeat of America Index:

If the charts matter, and my-oh-my are the Chart Huggers coming out of the woodwork today, then RUT losing its 200-day moving average has implications that are very bearish, as the permabears would say.

The $64,000 question is this: When and/or where is the bottom in silver?

Here's what I said on August 11th:

If you didn't read that article, it basically comes down to getting some certainty with regards to the fourth round of Federal fiscal stimulus.

So far, that's the correct call.

We'll see.

END OF UPDATE 1

*****

(by Half Dollar) This is live on SD Bullion's website. I wrote it this morning, and I'd like to share it here because I think it matters.

Please excuse the fact that it's not copy-paste but rather a screen grab, because the AI Algos don't really like us, you know:

Some charts for good measure:

Oh geez, it's so scary-scary!

Here's a look at the brutal beatdown:

You better hurry up and sell all that stack before it drops to $8!

Here's the thing: If you're sick of this, then the only solution is to starve the beast.

Here's the other thing, and I'll ask it as a question: Some people call Wall Street a "casino", and I have been calling it a "rigged casino", but should it not actually be called a "crack house"?

Wouldn't that be more accurate?

I mean, former Fed President Richard Fisher did, after all, say they pumped cocaine and heroin into the system.

But don't take 'Ol Half Dollar's word for it, hear it directly from the ex-Fed President himself:

He said that all the way back in 2016 too, so what would he call it now?

Upgrading to pumping Fentanyl into the system?

The problem with calling Wall Street a crack house is anybody who is trading the markets - the newsletter writers, the stock pumpers, the gurus, and the like - don't want to admit that if it really shouldn't be called a casino but a crack house, well then, that would make them crack heads, wouldn't it?

That is to say, some people have a hard time admitting to themselves and living with themselves for the simple fact that they are crack heads.

Some people are fine with that, and I'm not one to judge, but others simply can't think of themselves in that way.

You know, 'cause they're holier than thou.

Pathetic!

Developing...

Free lunch!For all!And they said there was no such thing...!!! WOOT !!!https://t.co/CZ8LsOl84L

- SilverDoctors.com (@SilverDoctors) September 22, 2020

*****

Half Dollar's Note - I'm not saying Wall Street will always be a crack house.

If we starved the beast, we could get back some of the "free" in our so-called "free markets".

I'm saying, based off of what the Fed President said the Fed did, Wall Street has become a crack house.

I'm glad it's making people mad that I said it.

The truth hurts.

*****

Half Dollar's Note II -

They really do hate us, you know.

From moments ago:

And to think, we don't even Tweet all that much, all things considered.

They fear silver more than anything in the entire world, you know.

Anything...

Recent News

Gold stocks down along with broad equities decline

November 04, 2024 / www.canadianminingreport.com

Big Gold still undervalued overall versus Big Tech

November 04, 2024 / www.canadianminingreport.com

Junior gold stocks outperform in sector pullback

October 28, 2024 / canadianminingreport.com

Global mining M&A on track for similar levels to 2023

October 28, 2024 / www.canadianminingreport.com

Gold ETF inflows at four-year highs

October 21, 2024 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok