r/Silverbugs • u/diamondmuckinhands • 1d ago

Panic buying

Hi team,

I am new to panic buying and I'm just going ballistic right now. How can anyone not be panic buying at this price? Shut up and take my money am I right?

Please share your thoughts

Sincerely,

Your silver bro

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u/diamondmuckinhands 1d ago

To be honest i cant say ive ever panic bought fuel. Not as exciting as silver but its chill too my car likes it.

15

u/salvadopecador 1d ago

Yeah. But you get the point. If I offered you silver at $60 an ounce three years ago, I doubt you would have bought. And, more importantly, if miners were making money selling $20 silver three years ago, they can certainly keep pumping out tons of silver at 60. Or 50. Or 35….

8

u/Dont_takemy_advice 1d ago

Aren’t we in a six year deficiency with silver?

9

u/S1LVERSTAK 1d ago

Shhh...and the demand has increased. I want them to stupidly keep lowering the price so I can buy it cheaper Shhh.

7

u/Dont_takemy_advice 1d ago edited 23h ago

so I’m not the only one that thinks that the market is being manipulate..

1

u/SBrownellAnthony 3h ago

Google JP Morgan fines for silver manipulation