Silver ( was ) taking a dive
Posted: Mon Jul 11, 2011 10:02 amSilver just dropped over $1.00 in a matter of minutes.
What gives?
What gives?
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Posted: Mon Jul 11, 2011 10:02 amRe: Silver taking a dive
Posted: Mon Jul 11, 2011 10:29 amProbably just a big sale releasing a large supply pushes the price down slightly
Re: Silver taking a dive
Posted: Mon Jul 11, 2011 10:33 amGold also followed in tandem with a drop of about $10. Haven't figured out what happened except that the Euro has really lost value today and the US dollar has strengthened more than one cent.
Re: Silver taking a dive
Posted: Mon Jul 11, 2011 10:36 amThere is more selling than buying.
There is more suppluy than demand.
There is more suppluy than demand.
Re: Silver taking a dive
Posted: Mon Jul 11, 2011 11:16 amOverall market dive/jitters combined with the comex shorts taking advantage of the moment to try to create a larger crush on silver. Momentarily successful (I'm sure at a profit to those behind it), but no biggie.
Re: Silver taking a dive
Posted: Wed Jul 13, 2011 8:33 amWell that didn't last long
Re: Silver ( was ) taking a dive
Posted: Wed Jul 13, 2011 9:26 amup two bucks today
Re: Silver ( was ) taking a dive
Posted: Wed Jul 13, 2011 9:56 amdaviscfad wrote:up two bucks today
This could be why:
http://www.reuters.com/article/2011/07/ ... 3U20110713
QE3 is in the chute, ready to ride..........
Re: Silver ( was ) taking a dive
Posted: Wed Jul 13, 2011 11:01 am[youtube]http://youtu.be/HfE1Ip2wot4[/youtube]