Silver run down for newbs,

The market is so heavily manipulated they was never going to get caught with thier pants down like the did with GameStop.

Here in Britain 20% vat is applicable to all sales, tax is paid again by way of a premium when you try to sell on. In short your silver needs to jump 25% above what you pay before you can just break even never mind turn a profit. The market always jumps within this 20-30% range to create a run that knobody will ever make a cent from because it always flattens out at this point before falling back. Oh and the government have made a lovely 20% on all the silver shenanigans that have gone on the last few weeks. And one last thing, the market run causes panic buying which allows traders to conviniently shift thier overpriced premium range coins and bars that are well over the spot price and don’t usually sell, see picture below.

Complete dog and pony show, dont buy into it unless you understand the market and don’t mind making small gains with long range bets.