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KITCO...in the GREEN

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.

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KITCO...in the GREEN

Postby slickeast » Mon Sep 26, 2011 9:23 pm

Just went on KITCO. Gold and silver are in green.

Did we just see the bottom? Or is this the dead cat bounce?
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Re: KITCO...in the GREEN

Postby Rodebaugh » Mon Sep 26, 2011 9:29 pm

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.
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Re: KITCO...in the GREEN

Postby tractorman » Mon Sep 26, 2011 10:02 pm

Based on my level of knowledge and experience, my 2 cents are likely zinc. Is the market resisting at $30? The floor?
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Re: KITCO...in the GREEN

Postby justj2k78 » Mon Sep 26, 2011 11:33 pm

Up over $31 now...
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Re: KITCO...in the GREEN

Postby slickeast » Wed Sep 28, 2011 12:56 pm

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.
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Re: KITCO...in the GREEN

Postby barrytrot » Wed Sep 28, 2011 1:26 pm

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 :)
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