Wowzer ! Silver is on a roll tonight in overseas markets
KentuckyJ
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roadrunner
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Knowledge is the enemy of fear
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roadrunner
> Never trust after hours trading.
Silver and gold are 24 hour world markets, not quite simple "after hours trading."
<< <i>> Never trust after hours trading.
Silver and gold are 24 hour world markets, not quite simple "after hours trading." >>
I know that. How does this sound? Never trust thinly traded markets where prices can be "manipulated" easier.
Knowledge is the enemy of fear
> Never trust thinly traded markets
LOL. That sounds like something an American would say. The rest of the world, outside the USA, isn't really all that significant
<< <i>> Never trust thinly traded markets
LOL. That sounds like something an American would say. The rest of the world, outside the USA, isn't really all that significant >>
Well, obviously the rest of the world was wrong as they bid silver higher while the stupid Americans were sleeping.
And while I have expressed my deep concern and disappointment with current "happenings" in the USA, I am VERY HAPPY to call myself an AMERICAN.
Knowledge is the enemy of fear
Nothing wrong with being an American. I wouldn't argue that point. However, we, as a people, tend to be very focused on ourselves, to the exclusion of other equally valid parts of the world. Most of us speak only one language. Many of us have never traveled outside the USA.
I'm not so sure the overseas traders were wrong to bid silver up last night. It did well until the Brits got their hands on it.
<< <i>Nothing wrong with being an American. I wouldn't argue that point. However, we, as a people, tend to be very focused on ourselves, to the exclusion of other equally valid parts of the world. Most of us speak only one language. Many of us have never traveled outside the USA.
I'm not so sure the overseas traders were wrong to bid silver up last night. It did well until the Brits got their hands on it. >>
Then I'll assume you were making a generaland not personal statement as you have no idea of my background.
I think I could make a pretty persuasive argument that those who paid over $16 for silver are not too happy as it is down over 70c from those "overnight" prices.
Knowledge is the enemy of fear
> Then I'll assume you were making a generaland not personal statement
Yes. There are something like 300 million (?) people living in the USA today. I think most of them, certainly a majority, will fit into my description.
> I think I could make a pretty persuasive argument that those who paid over $16 for silver are not too happy
Yes, depending on their motivation for buying the rise and time frame they plan to hold. Given time, this drop back down into the 15's won't even be remembered as a blip on the radar screen.
roadrunner