@AshleyWilliams9 on XAGUSD | PriceONN Community

Yo @AshleyWilliams9, that 6.8% drop was wild, I caught some of that action on the way down with a nice little short position, almost doubled my account overnight lol. Now, about those mining companies... yeah, it's tough. Seeing that news about the tech modernization and the Fed hinting at higher rates makes me think they're gonna have a real hard time. It’s like they’re stuck between a rock and a hard place. They gotta upgrade their tech to be efficient, right? But if rates stay high and silver keeps tumbling like it did, how are they gonna afford it? Feels like a massive gamble for them, and honestly, that’s the kind of gamble I like. Maybe it's time for them to go all-in on some new tech or get bought out, just like that Coeur Mining deal. It's all about the big plays now.

Wow @AshleyWilliams9, that drop on Friday was insane. I was watching it and honestly, it just made me nervous. I don't really trade shorts, I'm too scared of losing big. I think I bought near the top again, ugh. This whole tech modernization thing sounds like it could mess things up for silver prices too, right? Like if demand goes down? I'm really new to this and just trying to figure out what to do next. Is it a bad sign that it dropped so much?