Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
I like it when the lines just keep going up like this and not zig-zagging back over themselves.......
Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
Looks like the metals have been singled out as the "bad boys" of the moment. Smackdown time.
Must be nice to have that much money to throw around in the markets. The talking heads on CNBC seem overly animated about how good the economy and dollar are doing.
Q: Are You Printing Money? Bernanke: Not Literally
Rohrsharch couldn't have done it better: . SPLUNGOLA!
Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
<< <i>The last 48 hours reminds me of a documentary I saw on Hitler's V2 rocket.
Old film footage showed it lifting off then plummeting back to earth only to veer back up at an angle before exploding! HI HO SiLver!
bob >>
Love the 72-hour silver chart on KITCO!
Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
American Numismatic Association Governor 2023 to 2025 - My posts reflect my own thoughts and are not those of the ANA.My Numismatics with Kenny Twitter Page
American Numismatic Association Governor 2023 to 2025 - My posts reflect my own thoughts and are not those of the ANA.My Numismatics with Kenny Twitter Page
Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
Silver margins to be increased another 13%. Goes into effect after trading today. Brings new speculator contracts up to $14,513....maintenance contracts at $10,750. 2nd time this week. Today is first delivery notification in silver and gold. The banksters want to close out a lot of shorts by today and need some help. Didn't see the LBMA rates posted this morning so I'm assuming London is closed for the royal wedding.
Three hours to showtime. Will the bombing attempt on Qaadafi have any effect on metals, or is his oil still too small a factor?
Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
And a commentary on silver from the Far East today: . linky
Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
As they say in the beer commercials......Here We Go!!!
Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
"Looks like I picked a bad week to give up cigarettes!"
Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
"Looks like I picked a bad week to give up sniffing glue!"
Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
<< <i>This recent drop was a typical bull run shakeout. Huge drops happen in bull runs to shake out the weak hands, and then we go higher. >>
Not in my book....the drop looks more like an "exploded bubble" And if history is repeating itself, it may take a while to get back on track. >>
Disagree with OPA here. Is China selling it's gold and silver ? Is India ? Are big banks selling their gold ? The silver drop is just a technical blip due to the new margin requirements. IMO the CME raised margin requirements because they know that silver is going higher and higher, and they only want secure money coming into this future hot commodity. They want all the small timers to get out, and they got what they wanted. The price will settle soon, and then we go higher in 2012. Silver will be at 50 in 2012, and gold will be 1,950+. Gold drops $100.00 and now the "bubble" has exploded ? Gold was never in a "bubble". If you look at the Nasdaq bubble charts and the housing bubble charts, and compare it to the gold chart, then no way is gold in a bubble. But yes, silver did go up too fast, but it only came down because of the CME, not because of the physical buyers, but because of the traders.
As far as charts are concerned, the Relative Strength Index (RSI) is reaching oversold territory on silver, and the oscillators still show that silver can decline on a daily chart. However, silver put in a double bottom formation yesterday, so the silver bull chart has not broken yet IMO.
Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
Comments
Linky-poo
<< <i>Holy Gazortners!
Linky-poo >>
I like it when the lines just keep going up like this and not zig-zagging back over themselves.......
.
like,wow,man!
Must be nice to have that much money to throw around in the markets. The talking heads on CNBC seem overly animated about how good the economy and dollar are doing.
I knew it would happen.
.
SPLUNGOLA!
Old film footage showed it lifting off then plummeting back to earth only to veer
back up at an angle before exploding! HI HO SiLver!
bob
<< <i>The last 48 hours reminds me of a documentary I saw on Hitler's V2 rocket.
Old film footage showed it lifting off then plummeting back to earth only to veer
back up at an angle before exploding! HI HO SiLver!
bob
Love the 72-hour silver chart on KITCO!
Instagram - numismatistkenny
My Numismatics with Kenny Blog Page Best viewed on a laptop or monitor.
ANA Life Member & Volunteer District Representative
2019 ANA Young Numismatist of the Year
Doing my best to introduce Young Numismatists and Young Adults into the hobby.
Instagram - numismatistkenny
My Numismatics with Kenny Blog Page Best viewed on a laptop or monitor.
ANA Life Member & Volunteer District Representative
2019 ANA Young Numismatist of the Year
Doing my best to introduce Young Numismatists and Young Adults into the hobby.
<< <i>
Be alert!
The world needs more lerts!
2nd time this week. Today is first delivery notification in silver and gold. The banksters want to close out a lot of shorts by today and need some help. Didn't see the
LBMA rates posted this morning so I'm assuming London is closed for the royal wedding.
roadrunner
.
linky
India Desk linky
Silver Splunge!
<< <i>It's baaaaaaack!!!!!!
<< <i>You called?
>>
I knew it would happen.
<< <i>"Looks like I picked a bad week to give up cigarettes!" >>
<< <i>"Looks like I picked a bad week to give up sniffing glue!" >>
Hopefully you didn't pick a bad week to buy silver.
<< <i>This recent drop was a typical bull run shakeout. Huge drops happen in bull runs to shake out the weak hands, and then we go higher. >>
Not in my book....the drop looks more like an "exploded bubble" And if history is repeating itself, it may take a while to get back on track.
<< <i>
<< <i>This recent drop was a typical bull run shakeout. Huge drops happen in bull runs to shake out the weak hands, and then we go higher. >>
Not in my book....the drop looks more like an "exploded bubble" And if history is repeating itself, it may take a while to get back on track. >>
Disagree with OPA here. Is China selling it's gold and silver ? Is India ? Are big banks selling their gold ? The silver drop is just a technical blip due to the new margin requirements. IMO the CME raised margin requirements because they know that silver is going higher and higher, and they only want secure money coming into this future hot commodity. They want all the small timers to get out, and they got what they wanted. The price will settle soon, and then we go higher in 2012. Silver will be at 50 in 2012, and gold will be 1,950+.
Gold drops $100.00 and now the "bubble" has exploded ? Gold was never in a "bubble". If you look at the Nasdaq bubble charts and the housing bubble charts, and compare it to the gold chart, then no way is gold in a bubble. But yes, silver did go up too fast, but it only came
down because of the CME, not because of the physical buyers, but because of the traders.
As far as charts are concerned, the Relative Strength Index (RSI) is reaching oversold territory on silver, and the oscillators still show that silver can decline on a daily chart. However, silver put in a double bottom formation yesterday, so the silver bull chart has not broken yet IMO.
Could be an exciting opening Sunday night.
TD