@pushpendrakum Even when these difficult times, you guys telling to invest in bitcoin. You guys are mentally retarted people. Pray for safety of people.
I don’t believe in premeditated “slams.”
Every price drop is explainable to me. If margins are raised from 5% to 8% and speculators can’t post the extra collateral, they’re forced to sell.
If silver then crashes from $121 to $63, it’s logical that the margin requirement gets pushed up to 18%.
As always, too many overleveraged specs were messing around in the silver contract.
So I don’t buy the “slam” narrative. I think most of the overleveraged crowd has already been flushed out, and silver can grind higher from here.
You can even see it in the curve: March is relatively expensive versus May.