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KITCO...in the GREEN

PostPosted: Mon Sep 26, 2011 9:23 pm
by slickeast
Just went on KITCO. Gold and silver are in green.

Did we just see the bottom? Or is this the dead cat bounce?

Re: KITCO...in the GREEN

PostPosted: Mon Sep 26, 2011 9:29 pm
by Rodebaugh
as much Ag that has been sold over the past 5 days......suppliers are bound to have alot of orders out to production mints to replace stock.

They have to get it from somewhere.....I look for more green quotes in the coming days.

All opinion and thoughts.

Re: KITCO...in the GREEN

PostPosted: Mon Sep 26, 2011 10:02 pm
by tractorman
Based on my level of knowledge and experience, my 2 cents are likely zinc. Is the market resisting at $30? The floor?

Re: KITCO...in the GREEN

PostPosted: Mon Sep 26, 2011 11:33 pm
by justj2k78
Up over $31 now...

Re: KITCO...in the GREEN

PostPosted: Wed Sep 28, 2011 12:56 pm
by slickeast
It was a dead cat bounce just as I expected.

It appears that we will hit the $25 price many think we will drop to.

Re: KITCO...in the GREEN

PostPosted: Wed Sep 28, 2011 1:26 pm
by barrytrot
slickeast wrote:It was a dead cat bounce just as I expected.

It appears that we will hit the $25 price many think we will drop to.


Another $4 drop seems like a bit much.

Moving in a $3 range is NORMAL now and that doesn't mean it's going up or down really :)