What? No one has a word to say about The Spike?

[beauanderos]

Break out?

[NHsorter]

I did not want to jinx it.

[silverflake]

Silver? Gold? Never heard of the stuff.



Keep stacking, silver might go absolutely crazy and get to $29/ounce before we know it!!!!! (Continued sarcasm.....)

[galenrog]

Spikes?? Railroad has a pile of them just down the road.

[beauanderos]

I did not want to jinx it.

Wow, you have that much power? Could you say something nice about Obama?

[Country]

It's gotta be the Japanese. The Yen has collapsed recently from 80/$ to 100/$. When your currency collapses, and your bonds collapse and you got boatloads of FIAT, wouldn't this response in PMs make sense? The Japanese stockmarket is ON-FIRE because of the this! If I'm correct, and since the PM markets are small, we will see a massive move higher from here.

[NHsorter]

Obama is the best King that has ever ruled over me. May he live long and prosper. Hail the King! Hail the King!

[Country]

It's JAPANese money! Yen liquidation = higher PMs!

[NHsorter]

Early yet, but my guesses on your silver contest are looking pretty good now. First time I have ever been on the top end of the list.

[Country]

It's JAPANese money!

[blackrabbit]

What does green indicate again? It has been so long I forgot. Well I should have bought the shiny I was looking at yesterday, but I am already low FRN's because I was buying on the way down. Good to see a nice upswing on this ride.

[barrytrot]

It seems there is a spike one way or the other at least 3 times a week so it's not super newsworthy

Now if the +15.60 was on silver, now THAT would be newsworthy

[beauanderos]

Keeping my fingers crossed, Bill.... and Jason

[beauanderos]

Maybe Izz ad-Din al-Qassam hacked JPMorgan and knocked out their metals desks

Usually, their computer system blocks "pop-ups"

[Z00]

Spike??? Look I see them all the time at ChinaMart. Red , green and all different colors. Craziest hair style I ever saw.

[Country]

It's JAPANese money!

QE-JAPAN HAS BEGUN!!!

[NDFarmer]

I'm not ready for it to take off. I don't have enough bought yet. I'm still waiting for someone to buy my copper and other coins lot!!! viewtopic.php?f=28&t=22850

[beauanderos]

It's JAPANese money!

QE-JAPAN HAS BEGUN!!!

Silver $35, Gold $1750

Made in Japan

[beauanderos]

http://www.zerohedge.com/news/2013-04-07/kyle-bass-japanese-retirees-will-lose-half-their-life-savings

We get the silver lining, they get the cloud

[68Camaro]

It depends on the scale. Change the scale and it's "just" a joggle, already capped by TPTB. A true spike would be 27 to 35 in less than a day.

Not trying to be a downer about it. On the bright side it does point to and continue to confirm the floor that exists under PMs.

[Country]

Comex gold and silver futures markets BUY STOPS CLUSTERED AROUND $28 SILVER, $1600 GOLD.

http://www.kitco.com/ind/Wyckoff/20130409.html

[IdahoCopper]

No. No. No. The spike is because I sold most of my gold yesterday, at a loss.

[mbailey1234]

I'm going to research this later but I don't have time to right now... maybe someone on here already has the answer I'm looking for.

What is the best ETF to take advantage of the yen losing it's value. I would be willing to wager that over the next 2 years (maybe even sooner than that) the yen will keep losing in comparison to the USD. I think this could be a great medium to long term play. Basically we are sinking but the Jap's are going to sink faster.

I need to see $29.08 just to get back to even on my latest paper play. This rally is more than welcome here.

I totally agree with Mr. Kyle Bass in the video link above. What's his track record been like in the past?

[Country]

I'm going to research this later but I don't have time to right now... maybe someone on here already has the answer I'm looking for.

What is the best ETF to take advantage of the yen losing it's value. I would be willing to wager that over the next 2 years (maybe even sooner than that) the yen will keep losing in comparison to the USD. I think this could be a great medium to long term play. Basically we are sinking but the Jap's are going to sink faster.

I need to see $29.08 just to get back to even on my latest paper play. This rally is more than welcome here.

I totally agree with Mr. Kyle Bass in the video link above. What's his track record been like in the past?

Japanese Yen ETF The Japanese Yen has been a popular currency over the years. Throughout the late 1990s and early 2000s it has the lowest interest rate interest rate of all the developed nations, this attracted a lot of carry traders trying to profit from the low rates. Some Japanese Yen exchange traded funds include:

•JYN – iPath JPY / USD Exchange Rate ETN
•JYF – WisdomTree Dreyfus Japanese Yen ETF
•FXY – CurrencyShares Japanese Yen Trust

Sell these short in your margin account.

Or....

YCS - double short Japanese Yen

[beauanderos]

I'm going to research this later but I don't have time to right now... maybe someone on here already has the answer I'm looking for.

What is the best ETF to take advantage of the yen losing it's value. I would be willing to wager that over the next 2 years (maybe even sooner than that) the yen will keep losing in comparison to the USD. I think this could be a great medium to long term play. Basically we are sinking but the Jap's are going to sink faster.

I need to see $29.08 just to get back to even on my latest paper play. This rally is more than welcome here.

I totally agree with Mr. Kyle Bass in the video link above. What's his track record been like in the past?

http://etf.about.com/od/etfsymbols/g/YCS_ETF.htm

http://finance.yahoo.com/q?s=ycs&ql=1

and actually, Mike... you'll need to get alot higher than $29.08 to break even if you were playing leveraged ETF's... they degrade pretty fast on down days. You might need to see $30 or $31