Hammer Time: SILVER PRICE PLUNGES OVER $1.00 As “Investors” Just Can’t Sell Fast Enough!

Stackers know what this means. Here are the details…

Flash sale on silver.

Yippie!

We’ve plunged over $1.00 in price in just a few hours:

Which is another way of saying an over 5% discount on the white metal right now!

Some pretty impressive volume there too.

I really don’t think this smash lasts very long.

The fundamentals are just too strong right now.

That said, what is the trigger for the “selling”?

The manipulation deniers will say it’s because things are just going so darn well in the trade war.

Others will say it’s because of a “solid” domestic economy with the ISM’s non-manufacturing Index beating all expectations.

Still others will say it’s because of a “Really Good Jobs Numbers!”:

Which would be a “Really Greater Jobs Numbers!” if we just cut interest rates some more.

Right?

Regardless, what do I think is going on?

Well, it’s simple: The cartel, being the ESF, the Fed, and agents of both, are simply bringing the hammer to the metals because, well, the ESF can and does manipulate all markets, all of the time, and for any reason.

But don’t take ‘Ol Half Dollar’s word for it, see for yourself at the US Treasury Department Website:

You see, any time is a great time for the Deep State Globalists to be so kind as to give us a flash sale on silver.

OK, “Hey Half Dollar, what about the US Dollar?”.

Good question.

Let’s have a look:

Well, the dollar is not stronger than it has been over the last several days.

In fact, the metals and the dollar have been rising together for days.

Which is another indication this is simply a simple cartel hit job.

Nothing fundamentally has changed over the last day or so.

And the fundamentals have been moving gold & silver.

The fundamentals continue to support higher prices.

So a discount like this because of a paper price?

I’ll take that, and I’ll gladly add to my stack.

Because gold & silver are money too.

And they just “weakened” some.

So I get more for my dollars.

And so I thank the cartel.

Why keep US dollars?

Dead fiat walking.

Yes they are.

Flash sale.

On silver.

Yippie!

Yes.

Stack accordingly…

– Half Dollar


 

About the Author

U.S. Army Iraq War Combat Veteran Paul “Half Dollar” Eberhart has an AS in Information Systems and Security from Western Technical College and a BA in Spanish from The University of North Carolina at Chapel Hill. Paul dived into gold & silver in 2009 as a natural progression from the prepper community. He is self-studied in the field of economics, an active amateur trader, and a Silver Bug at heart.

Paul’s free book Gold & Silver 2.0: Tales from the Crypto can be found in the usual places like Amazon, Apple iBooks & Google Play, or online at PaulEberhart.com. Paul’s Twitter is @Paul_Eberhart.

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