Realcent.org

Base Metal & Precious Metals Forum

Skip to content

Big Rally today?

This forum is for discussing hunting and collecting US and Canadian circulation Silver Bullion Coins, other types of minted bullion, and other types of precious and base metal investments other than Bullion Pennies and Nickels.

Please Note: These articles are to inform your thinking, not lead it. Only you can decide the best place for your money, and any decision you make will put your money at risk. Information or data included here may have already been overtaken by events – and must be verified elsewhere – should you choose to act on it.
Post a reply

Big Rally today?

Postby beauanderos » Fri Mar 09, 2012 10:40 am

Silver was getting hammered in pre-market trading overnight in London, but in the last few minutes has reversed nicely. Hmmmm, be interesting to see if it can hold the gains and or add to them.

Image
The Hand of God moves WorldsImage
User avatar
beauanderos
Too Busy Posting to Hoard Anything Else
 
Posts: 9827
Joined: Wed Oct 14, 2009 10:00 am
Top

Re: Big Rally today?

Postby creshka46 » Fri Mar 09, 2012 10:59 am

Yeah, I was wondering about that. I expected the drop due to positive US jobs data and market skepticism about the Greek deal. But didn't understand the rally. Any thoughts?
Pennies: $4200 - (0) indians - (5)steel - (1) George V Canadian
Nickels: $6500 - (62)war - (23)buf - (1)V nic - (4) key date jeff's
Dimes: $5000 - (24)roos - (2)merc - (2)AgCAN
Halves: $8000 - (7)'64 - (33)40% - (1)walker
User avatar
creshka46
Penny Hoarding Member
 
Posts: 724
Joined: Wed Jun 01, 2011 6:19 pm
Location: Spokane, WA
Top

Re: Big Rally today?

Postby justj2k78 » Fri Mar 09, 2012 11:01 am

creshka46 wrote:Yeah, I was wondering about that. I expected the drop due to positive US jobs data and market skepticism about the Greek deal. But didn't understand the rally. Any thoughts?


TPTB slapping it up? Slap it high? :lol:
User avatar
justj2k78
Penny Hoarding Member
 
Posts: 899
Joined: Sun Feb 20, 2011 6:54 pm
Location: Way Upstate, NY
Top

Re: Big Rally today?

Postby 68Camaro » Fri Mar 09, 2012 12:11 pm

No data to support this view, just personal opinion, but I suspect targeted dip buyers who are triggering off price, or momentum, or some combination of both.
In the game of Woke, the goal posts can be moved at any moment, the penalties will apply retroactively and claims of fairness will always lose out to the perpetual right to claim offense.... Bret Stephens
The further a society drifts from the truth, the more it will hate those that speak it. George Orwell.
We can ignore reality, but we cannot ignore the consequences of ignoring reality. Ayn Rand.
User avatar
68Camaro
Too Busy Posting to Hoard Anything Else
 
Posts: 8304
Joined: Thu Dec 30, 2010 6:12 am
Location: Disney World
Top

Re: Big Rally today?

Postby everything » Fri Mar 16, 2012 12:15 am

Something to keep in perspective. The big rally was last year. Could be another one this year though, many call for it, still others see us retracing our steps, as we are now.
everything
Penny Hoarding Member
 
Posts: 817
Joined: Wed Oct 12, 2011 11:43 pm
Location: Central Wisconsin
Top

Re: Big Rally today?

Postby slickeast » Fri Mar 16, 2012 1:21 am

Silver is below its 200 DMA
You don't have to be the BEST you just have to be....... SLICK
User avatar
slickeast
Too Busy Posting to Hoard Anything Else
 
Posts: 6042
Joined: Thu Jan 08, 2009 3:00 pm
Location: South Carolina
Top
Post a reply

Return to Silver Bullion, Gold, & other Bullion Metals

Who is online

Users browsing this forum: Bing [Bot] and 38 guests

Powered by phpBB © 2000, 2002, 2005, 2007 phpBB Group