Re: SILVER - WAS $31-$49, WAS $33-$43, NOW $44+
Posted: Sun Oct 30, 2011 9:41 pmThogey wrote:Looks like Hong Kong doesn't like silver.
Indeed. I wonder why?
Indeed. I wonder why?
Realcent.org
Base Metal & Precious Metals Forum
https://realcent.org/
SILVER - WAS $31-$49, WAS $33-$43, NOW $44+
Page 39 of 43
Posted: Sun Oct 30, 2011 9:41 pmIndeed. I wonder why?
Re: SILVER - WAS $31-$49, WAS $33-$43, NOW $44+
Posted: Sun Oct 30, 2011 10:00 pmtractorman wrote:Thogey wrote:Looks like Hong Kong doesn't like silver.
Indeed. I wonder why?
Spot gold falls over 1 percent on dollar rally
Photo
10:26pm EDT
SINGAPORE (Reuters) - Spot gold dropped more than 1 percent to $1,717.70 an ounce on Monday, after Japan's intervention in the foreign exchange market spurred a rally in the dollar and weighed on bullion prices.
Spot silver fell more than 1 percent to $34.78 an ounce by 0224 GMT.
(Reporting by Rujun Shen; Editing by Himani Sarkar)
Re: SILVER - WAS $31-$49, WAS $33-$43, NOW $44+
Posted: Sun Oct 30, 2011 10:04 pmJFF right again?
Re: SILVER - WAS $31-$49, WAS $33-$43, NOW $44+
Posted: Mon Oct 31, 2011 5:21 amJFF will always be right, because it will always eventually go up, or down.
Re: SILVER - WAS $31-$49, WAS $33-$43, NOW $44+
Posted: Mon Nov 07, 2011 9:15 amIn the meantime, $34.64 right now. Is this a gift from Berlusconi?
Re: SILVER - WAS $31-$49, WAS $33-$43, NOW $44+
Posted: Mon Nov 07, 2011 1:17 pm68Camaro wrote:JFF will always be right, because it will always eventually go up, or down.
Re: SILVER - WAS $31-$49, WAS $33-$43, NOW $44+
Posted: Mon Nov 07, 2011 6:27 pm68Camaro wrote:JFF will always be right, because it will always eventually go up, or down.
I Don't follow you. Can be 100% wrong just like anyone else. Trust that the cyclical USD rally will treat you well.
Cheers!
Re: SILVER - WAS $31-$49, WAS $33-$43, NOW $44+
Posted: Mon Nov 07, 2011 6:36 pmGlad you're here JFF.
I have a question about that.
Does a USD rally against other currancy translate as a rally against PM's? If so or if not, Why?
I have a question about that.
Does a USD rally against other currancy translate as a rally against PM's? If so or if not, Why?
Re: SILVER - WAS $31-$49, WAS $33-$43, NOW $44+
Posted: Mon Nov 07, 2011 6:43 pmThogey wrote:Glad you're here JFF.
I have a question about that.
Does a USD rally against other currancy translate as a rally against PM's? If so or if not, Why?
Hi buddy.
A rally in the USD isn't always the antithesis of PM's. However, in the current context I suspect that it is. There is plenty of deleveraging still to take place.
It is just imvho and I can be 100% wrong of course.
Best to you.
Cheers!
Re: SILVER - WAS $31-$49, WAS $33-$43, NOW $44+
Posted: Mon Nov 07, 2011 6:44 pmCu Penny Hoarder wrote:68Camaro wrote:JFF will always be right, because it will always eventually go up, or down.
If I had a 'Cu Penny' for every wise crack...
Re: SILVER - WAS $31-$49, WAS $33-$43, NOW $44+
Posted: Mon Nov 07, 2011 10:23 pmJonflyfish wrote:Cu Penny Hoarder wrote:68Camaro wrote:JFF will always be right, because it will always eventually go up, or down.
If I had a 'Cu Penny' for every wise crack...
Weak
Re: SILVER - WAS $31-$49, WAS $33-$43, NOW $44+
Posted: Tue Nov 08, 2011 11:19 amJonflyfish wrote:Cu Penny Hoarder wrote:68Camaro wrote:JFF will always be right, because it will always eventually go up, or down.
If I had a 'Cu Penny' for every wise crack...
Well, it was a small funny, but... hey, it's a bit of a play, because it's also true, given that you're a trader, and good traders can make money going up or down.
(Me, not so much, only now and then, and then not very efficiently - but I'm fine with what I know for now.)Re: SILVER - WAS $31-$49, WAS $33-$43, NOW $44+
Posted: Fri Jan 20, 2012 12:12 pmIt is back to the title of the thread. Over $31.00. I thought it was going to be down today.
Re: SILVER - WAS $31-$49, WAS $33-$43, NOW $44+
Posted: Fri Jan 20, 2012 1:50 pmPushing close to $32...I saw that and this was the first place I looked and sure enough, the thread had been revitalized!
Re: SILVER - WAS $31-$49, WAS $33-$43, NOW $44+
Posted: Fri Jan 20, 2012 2:33 pmSilver is up 3.6%+ right now. Wonder why? Especially on a Friday...
Just in time for Ray's weekend silver sales.
ETA: Wow, it hit $32 for a bit there. Closing in on it again...
Just in time for Ray's weekend silver sales.
ETA: Wow, it hit $32 for a bit there. Closing in on it again...
Re: SILVER - WAS $31-$49, WAS $33-$43, NOW $44+
Posted: Fri Jan 20, 2012 2:48 pmChief wrote:Silver is up 3.6%+ right now. Wonder why? Especially on a Friday...
Just in time for Ray's weekend silver sales.
ETA: Wow, it hit $32 for a bit there. Closing in on it again...
COMMODITIESJANUARY 20, 2012, 2:38 P.M. ET
Silver Hits Six-Week High
BY MATT DAY
NEW YORK—Silver futures surged to their highest level in six weeks, as hopes for steady demand for the precious metal replaced the economic gloom that dragged prices lower last month.
The most actively traded silver contract, for March delivery, rose $1.116, or 3.8%, to settle at $31.675 a troy ounce on the Comex division of the New York Mercantile Exchange, the highest ending price since Dec. 9.
About half of silver demand comes from industrial uses, making the metal ...
Copyright 2011 Dow Jones & Company, Inc. All Rights Reserved
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit
http://www.djreprints.com
Re: SILVER - WAS $31-$49, WAS $33-$43, NOW $44+
Posted: Sat Jan 21, 2012 1:17 amA few days ago, Eric Sprott decided to take advantage of the record premium over NAV of his physical silver fund PSLV (or for some other arbitrary reason) and to issue a $300MM follow-on offering, whose proceeds would be used to buy up silver to add to PSLV's existing physical holdings.
http://www.zerohedge.com/news/explaining-todays-silver-surge
Re: SILVER - WAS $31-$49, WAS $33-$43, NOW $44+
Posted: Thu Jan 26, 2012 9:34 amLooks like the US dollar is moving south. Good for Canada.
Canadian Dollar Strengthens to Parity for the First Time Since November
By Chris Fournier - Jan 26, 2012
The Canadian dollar rallied to parity with its U.S. counterpart for the first time in almost three months as a Federal Reserve pledge to extend its freeze on borrowing costs raised demand for higher-yielding assets.
The Canadian currency touched the highest since Nov. 1 and was headed for a 1.2 percent gain on the week. The currency has underperformed a majority of its most-traded counterparts this year on speculation the Bank of Canada will follow the Fed by keeping interest rates lower for longer.
“The market is very reactive to headlines still, and that’s given risk assets a bit of a push,” said Shaun Osborne, chief currency strategist at Toronto-Dominion Bank in Toronto. “The big story is still the spillover from the Fed yesterday and the expected extension in the rally in risk assets that we’re going to get from this commitment to keep policy very accommodative for longer than people anticipated.”
The Canadian currency appreciated 0.3 percent to C$1.0016 per U.S. dollar at 7:58 a.m. Toronto time after touching 99.93 cents. One Canadian dollar buys 99.84 U.S. cents.
To contact the reporter on this story: Chris Fournier in Montreal at cfournier3@bloomberg.net
To contact the editor responsible for this story: Dave Liedtka at dliedtka@bloomberg.net
Canadian Dollar Strengthens to Parity for the First Time Since November
By Chris Fournier - Jan 26, 2012
The Canadian dollar rallied to parity with its U.S. counterpart for the first time in almost three months as a Federal Reserve pledge to extend its freeze on borrowing costs raised demand for higher-yielding assets.
The Canadian currency touched the highest since Nov. 1 and was headed for a 1.2 percent gain on the week. The currency has underperformed a majority of its most-traded counterparts this year on speculation the Bank of Canada will follow the Fed by keeping interest rates lower for longer.
“The market is very reactive to headlines still, and that’s given risk assets a bit of a push,” said Shaun Osborne, chief currency strategist at Toronto-Dominion Bank in Toronto. “The big story is still the spillover from the Fed yesterday and the expected extension in the rally in risk assets that we’re going to get from this commitment to keep policy very accommodative for longer than people anticipated.”
The Canadian currency appreciated 0.3 percent to C$1.0016 per U.S. dollar at 7:58 a.m. Toronto time after touching 99.93 cents. One Canadian dollar buys 99.84 U.S. cents.
To contact the reporter on this story: Chris Fournier in Montreal at cfournier3@bloomberg.net
To contact the editor responsible for this story: Dave Liedtka at dliedtka@bloomberg.net
Re: SILVER - WAS $31-$49, WAS $33-$43, NOW $44+
Posted: Thu Jan 26, 2012 4:58 pmdid my first roll hunting and got only 1 90% silver and no 40% . I also got 6 1986 p kennedys. Are these worth saving or just send em back to the dump bank?
Re: SILVER - WAS $31-$49, WAS $33-$43, NOW $44+
Posted: Thu Jan 26, 2012 9:05 pmerving32 wrote:did my first roll hunting and got only 1 90% silver and no 40% . I also got 6 1986 p kennedys. Are these worth saving or just send em back to the dump bank?
Nice work finding a 90%. Keep up searching, you will find even more silver at face value. Those '86's shouldn't be worth much more than 50 cents. Happy hunting!
Re: SILVER - WAS $31-$49, WAS $33-$43, NOW $44+
Posted: Sun Apr 29, 2012 6:28 pmHuge spike up!, and then back down
Re: SILVER - WAS $31-$49, WAS $33-$43, NOW $44+
Posted: Sun Apr 29, 2012 6:34 pmThogey wrote:Huge spike up!, and then back down
- silver.gif (14.7 KiB) Viewed 682 times
Re: SILVER - WAS $31-$49, WAS $33-$43, NOW $44+
Posted: Sun Apr 29, 2012 6:36 pmEnd of the month short covering?
Jonflyfish Could you please come and explain this?
Posted: Sun Apr 29, 2012 6:41 pmhenrysmedford wrote:Thogey wrote:Huge spike up!, and then back down
Jonflyfish Could you please come and explain this?
Re: SILVER - WAS $31-$49, WAS $33-$43, NOW $44+
Posted: Sun Apr 29, 2012 8:48 pmexactly one year ago tonite when silver took its dive...
