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Gold and Silver

JroyJroy Posts: 63
in Precious Metals
What would cause prices to be down so much in the early hours of GMT? http://www.thebulliondesk.com/
I do web development and freelance programming, please PM me if you need a website or web application.

Want To Buy:
Connecticut Nationals (Large and Small size)
Connecticut Obsoletes

Comments

  • jdimmickjdimmick Posts: 9,676 ✭✭✭✭✭
    I dont know but is going down like a boat anchor!!
  • DustyCoinboxDustyCoinbox Posts: 206
    Bulls are waking up to the possibility that central banks may raise interest rates to curb inflation, which would adversely impact gold/silver demand.
    Successful BST purchases from: WaterSport, commoncents123, Hyperion, mozeppa, Mar327, coinlieutenant, Placid, MFH, fishteeth, FilthyBroke, SilverEagles92, illini420, barberman55, pcgs69 (2x) & 123cents

    History of the US Constitution Coin Set
  • AUandAGAUandAG Posts: 24,761 ✭✭✭✭✭
    Morning prices are almost always off. Only go on closing prices for trends. May open way low and be
    seen as a buying opporturnity and thus rise during the day. We'll see.
    bob
    Registry: CC lowballs (boblindstrom), bobinvegas1989@yahoo.com
  • JroyJroy Posts: 63
    Yeah, I have just never seen it drop so fast in the early morning.
    I do web development and freelance programming, please PM me if you need a website or web application.

    Want To Buy:
    Connecticut Nationals (Large and Small size)
    Connecticut Obsoletes
  • JroyJroy Posts: 63
    Down $1.50 in pre market?
    I do web development and freelance programming, please PM me if you need a website or web application.

    Want To Buy:
    Connecticut Nationals (Large and Small size)
    Connecticut Obsoletes
  • DustyCoinboxDustyCoinbox Posts: 206
    Check the 24 hour gold trading real time chart on kitco's website (www.kitco.com). You can watch it trade round the clock - even see how it reacts when a new market opens. Great for insomnia!
    Successful BST purchases from: WaterSport, commoncents123, Hyperion, mozeppa, Mar327, coinlieutenant, Placid, MFH, fishteeth, FilthyBroke, SilverEagles92, illini420, barberman55, pcgs69 (2x) & 123cents

    History of the US Constitution Coin Set
  • BlackBeardBlackBeard Posts: 1,064 ✭
    Wow. Silver took a serious dive to the mid $12 range. This can be linked directly to my bullion purchase on Wednesday, I tend to have that effect image
    Witty sig line currently under construction. Thank you for your patience.
  • RedTigerRedTiger Posts: 5,608 ✭
    Stop loss orders, margin calls and option expiration Friday all come to mind.
    Investment blog: gold, stocks and more
  • storm888storm888 Posts: 11,701 ✭✭✭
    SHORT more of both GLD and SLV, on ANY strength.

    BOTH are headed into the toilet, but may have some
    silly bounces on the way.
    Folks Who Bite Get Bitten. Folks Who Don't Bite Get Eaten.
  • rte592rte592 Posts: 1,668 ✭✭✭✭✭
    edited March 8, 2022 4:31PM

    Delete

  • rickoricko Posts: 98,724 ✭✭✭✭✭

    Just the middle of the week.... stocks rising, active market, gold will rise again.... Cheers, RickO

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