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And... They're Off!

PostPosted: Sun Aug 07, 2011 5:06 pm
by beauanderos
Image Image

Re: And... They're Off!

PostPosted: Sun Aug 07, 2011 5:08 pm
by frugalcanuck
wow

Re: And... They're Off!

PostPosted: Sun Aug 07, 2011 5:10 pm
by Market Harmony
just wait when the gold price runs up so fast that traders move into silver and run that up... this is the beginning, Ray ol' boy.

USD reserve currency when credit rating is less than AAA??? I don't think so

Re: And... They're Off!

PostPosted: Sun Aug 07, 2011 5:10 pm
by Oakair
What a spike!

Is that another new high for gold?

Re: And... They're Off!

PostPosted: Sun Aug 07, 2011 5:14 pm
by neilgin1
im showing up a buck in silver down 32 in the 500,

1694 in dec gold,,,,,holy cow

Re: And... They're Off!

PostPosted: Sun Aug 07, 2011 5:14 pm
by beauanderos
I wouldn't be surprised if we break our attendance record on this new site today or tomorrow.

Re: And... They're Off!

PostPosted: Sun Aug 07, 2011 5:19 pm
by neilgin1
beauanderos wrote:I wouldn't be surprised if we break our attendance record on this new site today or tomorrow.


zerohedge crashed,

Re: And... They're Off!

PostPosted: Sun Aug 07, 2011 5:20 pm
by Rodebaugh
A 20 cent spike in silver spot is not exactly what I was expecting this fine Sunday evening.......Especially after the 3 dollar Thursday haircut. :roll:

Re: And... They're Off!

PostPosted: Sun Aug 07, 2011 5:23 pm
by beauanderos
APMEX is showing a twenty cent bid ask spread... they're normally at five cents.

Re: And... They're Off!

PostPosted: Sun Aug 07, 2011 5:24 pm
by Robarons
Well you know the silver market is topping when every goon on the street gets their name plastered on bars. When everyone is in GET OUT!

I kid- but seriously if Gold is off to the races why is silver in a Mc Donald's Drive thru?

Re: And... They're Off!

PostPosted: Sun Aug 07, 2011 5:25 pm
by Oakair
Robarons wrote:Well you know the silver market is topping when every goon on the street gets their name plastered on bars. When everyone is in GET OUT!

I kid- but seriously if Gold is off to the races why is silver in a Mc Donald's Drive thru?


SHHHH...

Let it go down, I want to buy more on monday haha

Re: And... They're Off!

PostPosted: Sun Aug 07, 2011 5:26 pm
by Kurr
When you flip on the tube, how many gold commercials do you see compared to silver?

Programming takes effect.

Re: And... They're Off!

PostPosted: Sun Aug 07, 2011 5:27 pm
by beauanderos
Robarons wrote:Well you know the silver market is topping when every goon on the street gets their name plastered on bars. When everyone is in GET OUT!

I kid- but seriously if Gold is off to the races why is silver in a Mc Donald's Drive thru?

Alot of people lost confidence in silver... because of the confidence game

Re: And... They're Off!

PostPosted: Sun Aug 07, 2011 5:30 pm
by Kurr
I also expect alot of any gains seen tonight taken out tommorow trying to cover the market drop.

Re: And... They're Off!

PostPosted: Sun Aug 07, 2011 5:30 pm
by chris6084
What is going on with platinum? It is down today and getting closer and closer to gold.

Re: And... They're Off!

PostPosted: Sun Aug 07, 2011 5:55 pm
by aristobolus
$39.00 again...if only for a moment!

Re: And... They're Off!

PostPosted: Sun Aug 07, 2011 5:58 pm
by Lemon Thrower
i already have my positions so here is how i am playing this.

i think uncle caps gold at 1700.

when the equity markets open, its the risk off trade and silver may well fall.

i think at some point, not permanently, silver may touch 35 and that is when to buy.

Re: And... They're Off!

PostPosted: Sun Aug 07, 2011 6:00 pm
by aristobolus
Where is JonFlyFish?

Re: And... They're Off!

PostPosted: Sun Aug 07, 2011 6:00 pm
by Delawhere Jack
neilgin1 wrote:
beauanderos wrote:I wouldn't be surprised if we break our attendance record on this new site today or tomorrow.


zerohedge crashed,


Zerohedge was inaccessible from Comcast for 20-30 minutes. I logged into my remote access from work and was able to access it (using a different ISP). I think it was a routing issue.....I think it was a purposeful routing issue.

Connectivity was "restored" once the initial market/metal trauma subsided..

Re: And... They're Off!

PostPosted: Sun Aug 07, 2011 6:04 pm
by daviscfad
time to sit back and watch!

Re: And... They're Off!

PostPosted: Sun Aug 07, 2011 6:21 pm
by Corsair
daviscfad wrote:time to sit back and watch!


I'm trying to decide what's more exciting to watch - silver spot or Pulp Fiction on AMC. Pulp Fiction is winning as of this moment...

Re: And... They're Off!

PostPosted: Sun Aug 07, 2011 6:30 pm
by 68Camaro
Silver caught up with gold, percentage-wise. I think we've seen all the action we're going to see until Hong Kong opens. Will be interesting to see if that changes anything.

Re: And... They're Off!

PostPosted: Sun Aug 07, 2011 6:39 pm
by blackrabbit
What time does Hong Kong open?

Re: And... They're Off!

PostPosted: Sun Aug 07, 2011 6:41 pm
by Mossy
chris6084 wrote:What is going on with platinum? It is down today and getting closer and closer to gold.

By golly. Maybe I can sell some gold and pick up some of that?

Re: And... They're Off!

PostPosted: Sun Aug 07, 2011 6:42 pm
by 68Camaro
blackrabbit wrote:What time does Hong Kong open?


830 ET, I believe