Part 5/7:
As day two unfolded, the pattern continued. Few generic silver ounces were sold, reinforcing the earlier findings. While Mike reported selling only a few tubes of rounds—ones priced at a meager 50 cents over spot—it confirmed an unsettling trend: most dealers were struggling to sell their inventory, including at competitive rates.
The environment weighed heavily on participants, as conversations revealed that many were not anxious to purchase additional silver until market conditions stabilized.