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PM's are moving up, evidently from the overseas Markets Opening

rgCoinGuyrgCoinGuy Posts: 7,478 ✭
in Precious Metals
Just thought I would post the charts so we can see what they do over the next 24 hours through the overnight.


image

image

image
imageQuid pro quo. Yes or no?

Comments

  • HonoluluDudeHonoluluDude Posts: 2,167 ✭
    Doesn't matter... The West will just bomb gold tomorrow morning, as usual.
  • fcfc Posts: 12,793 ✭✭✭
    seems to be the usual volatility we are all used to seeing the last
    month or two.
  • mkman123mkman123 Posts: 6,849 ✭✭✭✭
    Lets hope it goes up tomorrow over here!

    If roadrunner and deadhorse are right then they will drop but I'm hopeful it won't be!
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  • mkman123mkman123 Posts: 6,849 ✭✭✭✭
    so far its up and its 10 am. Hoping it will stay up and not drop like it sometimes happens at this time
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  • HonoluluDudeHonoluluDude Posts: 2,167 ✭
    PMs way down from last night. This is so predictable, you could set your watch to it.
  • fcfc Posts: 12,793 ✭✭✭


    << <i>PMs way down from last night. This is so predictable, you could set your watch to it. >>



    basically no reason to get excited until gold pushes past 900-1000.
  • HonoluluDudeHonoluluDude Posts: 2,167 ✭


    << <i>

    << <i>PMs way down from last night. This is so predictable, you could set your watch to it. >>

    basically no reason to get excited until gold pushes past 900-1000. >>

    Watching paint dry is more exciting than watching this manipulation B.S.
  • DeadhorseDeadhorse Posts: 3,720 ✭


    << <i>

    << <i>

    << <i>PMs way down from last night. This is so predictable, you could set your watch to it.

    Watching paint dry is more exciting than watching this manipulation B.S. >>




    Silver, gold and platinum all tomahawked at the same time.

    Simply a coincidence, move along, nothing to see here..................
    "Lenin is certainly right. There is no subtler or more severe means of overturning the existing basis of society(destroy capitalism) than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and it does it in a manner which not one man in a million is able to diagnose."
    John Marnard Keynes, The Economic Consequences of the Peace, 1920, page 235ff
  • roadrunnerroadrunner Posts: 28,303 ✭✭✭✭✭
    Deadhorse, the "good economic news report" came out at 8 am and continued all morning until 12 noon. Just your standard $28 "diving straight for the bottom" takedown in 4 hours on continuing good daily economic news. "Profit taking" never looked so easy! image

    Standby for more "good news" here in the western hemisphere Tuesday morning....followed by "bad economic" news overseas.

    roadrunner
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • mkman123mkman123 Posts: 6,849 ✭✭✭✭
    argh. All pms except palladium dropping at 10am eastern time!
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  • OPAOPA Posts: 17,124 ✭✭✭✭✭


    << <i>argh. All pms except palladium dropping at 10am eastern time! >>



    You posted to early ... palladium also down ... along with the stock market...... "Cash is King."image
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • mkman123mkman123 Posts: 6,849 ✭✭✭✭
    well all PMs down now! I bet all will be up tonight on the overseas market...
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  • DeadhorseDeadhorse Posts: 3,720 ✭


    << <i>argh. All pms except palladium dropping at 10am eastern time! >>




    Same time, same tomahawk. Tune in tomorrow for another episode of "Scalping the Metals".
    "Lenin is certainly right. There is no subtler or more severe means of overturning the existing basis of society(destroy capitalism) than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and it does it in a manner which not one man in a million is able to diagnose."
    John Marnard Keynes, The Economic Consequences of the Peace, 1920, page 235ff
  • fcfc Posts: 12,793 ✭✭✭
    The Great Gold, Silver Price Manipulation Conspiracy Explained
  • CnitasCnitas Posts: 373
    Thanks for the link fc.
    After reading the entire article, I found myself agreeing with the comments at the end.
    Mark Piersall
    Random Collector
    www.marksmedals.com
  • secondrepublicsecondrepublic Posts: 2,619 ✭✭✭
    FC, I've been reading Mike Shedlock's stuff for a while and he makes a lot of sense. His website is here. He argues, and I agree, that inflation is NOT the problem right now. Governments may be printing but almost no one else is borrowing, and so on a net basis we don't have a large increase in the money supply. Eventually this will all turn and we will see inflation (maybe big time), and then PMs will be a good investment. Right now they're not going anywhere, nor will they be a for a while.
    "Men who had never shown any ability to make or increase fortunes for themselves abounded in brilliant plans for creating and increasing wealth for the country at large." Fiat Money Inflation in France, Andrew Dickson White (1912)
  • OPAOPA Posts: 17,124 ✭✭✭✭✭


    << <i>well all PMs down now! I bet all will be up tonight on the overseas market... >>



    I hope you did'nt put any money on that call....
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
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