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Did Gold & Silver just "gap up"?

jmski52jmski52 Posts: 22,825 ✭✭✭✭✭
The charts on "24 Hr Gold" website sure looks like they did!

24 Hour Gold
Q: Are You Printing Money? Bernanke: Not Literally

I knew it would happen.

Comments

  • CaptHenwayCaptHenway Posts: 32,119 ✭✭✭✭✭
    Meaning....?
    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.
  • BarndogBarndog Posts: 20,490 ✭✭✭✭✭
    Erreur du serveur dans l'application '/'.
  • jmski52jmski52 Posts: 22,825 ✭✭✭✭✭
    It looked like they both traded at a low price one minute, and then jumped substantially ($10.00 for gold, $1.00 for silver) on the very next trade. And they did it at the same time! You can't see it on the charts now, and I'm not sure why.

    Since that point, the charts have backfilled.
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • Wolf359Wolf359 Posts: 7,656 ✭✭✭
    POMO, aka liftoff, isn't until 2pm today.
  • roadrunnerroadrunner Posts: 28,303 ✭✭✭✭✭
    Even though this is a weaker bond week (auctions on Tu-Th), the assault usually doesn't end until Wednesday. Thursday or Friday are typically the recovery days.

    roadrunner
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • gsa1fangsa1fan Posts: 5,566 ✭✭✭
    4am to 10am look like mirror images for the most part? Au & Ag daily charts today.
    Avid collector of GSA's.
  • piecesofmepiecesofme Posts: 6,669 ✭✭✭
    It's been all over today. Staying away from buying anything unless deals are offered in volume.
    To forgive is to free a prisoner, and to discover that prisoner was you.
  • derrybderryb Posts: 36,793 ✭✭✭✭✭
    Nothing more exciting than a good roller coaster.

    "Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey

  • piecesofmepiecesofme Posts: 6,669 ✭✭✭
    Nothing more exciting than a good roller coaster

    I called one of the main dealers I do business with yesterday...and he was literally out of breath and talking louder than normal. I asked him if I called the wrong number and got the CME floor. He needed that good laugh at that point.
    To forgive is to free a prisoner, and to discover that prisoner was you.
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