Silver and Gold Begin Their Recovery?

[beauanderos]

"Take two Tylenol and call me in the morning." Rally? Thanks, Asia

[Rodebaugh]

maybe...but......Isn't it shift change yet? Shouldn't you be giving report?

[beauanderos]

maybe...but......Isn't it shift change yet? Shouldn't you be giving report?

Well, lessee... if that were true, you'd have me working a seventeen hour shift. In California we have labor laws, not a bunch of coal miners out here, ya know?

[Rodebaugh]

thats funny....I did work a 18hr shift one time durring High School at a Mining equipment rebuilding company welding low low sctructure that had to go out to site that next morning. It went something like this "son you can run a bead of weld can't you...(yep)....well put down that broom and follow me?"

The coal must run.

So the silver must run.

[Country]

Looks like $25 held. BUYERs are everywhere. May the banks and the CME shorts feel the pain.

Unfortunately, it was very hard to get bargains during the downturn, unless you bought a large purchase from Tulving or the like....

[Rodebaugh]

Looks like $25 held. BUYERs are everywhere. May the banks and the CME shorts feel the pain.

Unfortunately, it was very hard to get bargains during the downturn, unless you bought a large purchase from Tulving or the like....

Exactly! as you noted before on another thread eBay never reflected the dip.....aka the bargains were few and far between.

Could eBay PREMIUMS be used as a indicator of market tempo and direction? I am starting to think so.

[Dvorak]

I noticed the same thing on eBay during the dip. Some of the buy-it-now prices came down, but they got bought up just as fast if they were below spot. The ironic thing is, last night seemed to be the first time some of those $28-30 Silver Eagle BIN auctions were getting past the first page--they are all gone today.

[stateofmind]

Thinking we are going down tomorrow. Currently flat in Asia (-.10)
Should take about 1/3-1/2 of yesterday's losses away. Above that, I'm not sure which way the market will swing. I'm currently out of the PM market, yet I'd be willing to buy 2x etf's if PM's drop further.