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Silver and gold are off to the races today

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  • gsa1fangsa1fan Posts: 5,566 ✭✭✭
    Consolidate from $39.50 to $40.50 for the week will be good to me. Any extra added bonusimage
    Avid collector of GSA's.
  • goingbrokegoingbroke Posts: 1,410
    For millenia 10 ounces of silver per week was a mighty salary, today in the USA it's minimum wage.
    Many successful BST transactions ajia
    (x2,Meltdown),cajun,Swampboy,SeaEagleCoins,InYHWHWeTrust, bstat1020,Spooly,timrutnat,oilstates200, vpr, guitarwes,
    mariner67, and Mikes coins
  • Coins101Coins101 Posts: 2,602 ✭✭✭
    World spot is over $41 per Kitco
  • CaptHenwayCaptHenway Posts: 32,116 ✭✭✭✭✭
    Nice start, but what matters is where it is at when New York opens in the morning........
    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.
  • RedHerringRedHerring Posts: 2,077 ✭
    $41.15 Bid as I type! image
  • roadrunnerroadrunner Posts: 28,303 ✭✭✭✭✭
    No gap up opening tonight as is often the case recently. Lowers the chances of a NY smackdown.

    roadrunner
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • pitbosspitboss Posts: 8,643 ✭✭✭

    Americans know better than to believe the BS congress is trying to feed them. They are going to keep on buying gold and silver.
  • Coins101Coins101 Posts: 2,602 ✭✭✭
    $41.28/41.34 WOW image
  • CaptHenwayCaptHenway Posts: 32,116 ✭✭✭✭✭
    See here:

    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.
  • pitbosspitboss Posts: 8,643 ✭✭✭

    Seems to be holding real well so far.
  • akuracy503akuracy503 Posts: 1,923 ✭✭✭
    $42 here we go

    CU Ancient Members badge member.

    Collection: https://flickr.com/photos/185200668@N06/albums

  • CaptHenwayCaptHenway Posts: 32,116 ✭✭✭✭✭
    Gold up 50 cents and silver up a dollar.
    Yee hah!
    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.
  • pitbosspitboss Posts: 8,643 ✭✭✭

    We are only an hour away from the tell tale sign of what America thinks of congress screwing up the

    country! We here on the boards already know.
  • gsa1fangsa1fan Posts: 5,566 ✭✭✭


    << <i>We are only an hour away from the tell tale sign of what America thinks of congress screwing up the

    country! We here on the boards already know. >>



    It was FUBARed long ago now the newbies have NO CLUE or willingness to fix it.
    Avid collector of GSA's.
  • jmski52jmski52 Posts: 22,822 ✭✭✭✭✭
    Silver at $42.00 around midnight, and then to $41.00. Back up to $41.38 right now. Volatile little sucker, isn't it?image
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • pitbosspitboss Posts: 8,643 ✭✭✭

    The market is Jumping around like crazy right now in anticipation of the New York opening.
  • PerryHallPerryHall Posts: 46,111 ✭✭✭✭✭


    << <i>The market is Jumping around like crazy right now in anticipation of the New York opening. >>



    What time does the NY market open?

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • fivecentsfivecents Posts: 11,207 ✭✭✭✭✭
    Prices dropping like after the NY open.
  • pitbosspitboss Posts: 8,643 ✭✭✭


    It's too early to make any serious statements yet but it's still holding it's own. Same now as when it opened without even profit taking.
  • fastrudyfastrudy Posts: 2,096 ✭
    Time for a serious statement.....SPLUNGE!

    Look at it as a buying opportunity.
    Successful transactions with: DCarr, Meltdown, Notwilight, Loki, MMR, Musky1011, cohodk, claychaser, cheezhed, guitarwes, Hayden, USMoneyLover

    Proud recipient of two "You Suck" awards
  • Coins101Coins101 Posts: 2,602 ✭✭✭
    Just loose hands letting go of the rope. If it drops over a dollar, then you might call a "SPLUNGE." But 28 cents, I don't think so.
  • CaptHenwayCaptHenway Posts: 32,116 ✭✭✭✭✭
    "You put your right foor in, you put your right foot out....."
    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.
  • Coins101Coins101 Posts: 2,602 ✭✭✭
    Let's see, PM's are down, Stocks are down, oil is down but the CEO's for the top companies pay increase for 2010 were up with an 12 % average increase. Viacom's Phillipe Dauman only raked in $84.5 million last year.
  • CaptHenwayCaptHenway Posts: 32,116 ✭✭✭✭✭
    Interesting range on silver today.......
    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.
  • OPAOPA Posts: 17,119 ✭✭✭✭✭


    << <i>Interesting range on silver today....... >>



    Could this be the beginning of the much anticipated correction?
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • Coins101Coins101 Posts: 2,602 ✭✭✭


    << <i>Could this be the beginning of the much anticipated correction? >>



    Maybe you should start a poll and see who really is anticipating this "correction."
  • OPAOPA Posts: 17,119 ✭✭✭✭✭


    << <i>

    << <i>Could this be the beginning of the much anticipated correction? >>



    Maybe you should start a poll and see who really is anticipating this "correction." >>



    Any one who isn't got their blinders on. A correction will occur, it's just a question of when.
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • pitbosspitboss Posts: 8,643 ✭✭✭

    Did we already miss the correction before it began?
  • CaptHenwayCaptHenway Posts: 32,116 ✭✭✭✭✭
    Could be. The dollar is really nosediving today, and PMs look better and better.

    Check the dollar index at:

    dollarindexlinky
    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.
  • RedHerringRedHerring Posts: 2,077 ✭
    Well it was near $42 before falling under $40 briefly yesterday in a 12 hour period. Did you miss the buying opportunity? image
  • pitbosspitboss Posts: 8,643 ✭✭✭

    I think just about everyone did. There was not time for anyone to react to it.
  • gsa1fangsa1fan Posts: 5,566 ✭✭✭
    Watching every tick will make you bonkers! Last year silver was $18oz.
    Avid collector of GSA's.
  • OPAOPA Posts: 17,119 ✭✭✭✭✭
    Not a good sign...even Rhodium is joining in today, after hardly a move in either direction for about 1 year.
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • pitbosspitboss Posts: 8,643 ✭✭✭

    What a roller coaster ride since yesterday.

    I guess you should expect it with the world in turmoil.

    What better place to be right now than in gold and silver. and plenty of food to sit and watch it happen.

    I am too old to worry about what is happening.
  • Coins101Coins101 Posts: 2,602 ✭✭✭
    Watch the bouncing ball image
  • WeissWeiss Posts: 9,941 ✭✭✭✭✭


    << <i>Not a good sign...even Rhodium is joining in today, after hardly a move in either direction for about 1 year. >>



    And I'm actually glad I sold now! image
    We are like children who look at print and see a serpent in the last letter but one, and a sword in the last.
    --Severian the Lame
  • JustacommemanJustacommeman Posts: 22,847 ✭✭✭✭✭
    Silver is being very stubborn today.............MJ
    Walker Proof Digital Album
    Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
  • WingsruleWingsrule Posts: 3,010 ✭✭✭✭
    Silver is being very stubborn today.............MJ

    Yes, but what I cannot figure out if it is putting up a fight to keep from going lower, or just getting its wind back for another run.

    My current alignment is set for 'lower'.
  • JustacommemanJustacommeman Posts: 22,847 ✭✭✭✭✭
    wondering the same thing myself............MJ
    Walker Proof Digital Album
    Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
  • CaptHenwayCaptHenway Posts: 32,116 ✭✭✭✭✭
    Flipping my 1850-O silver dollar pocketpiece here boss. And the answer is
    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.
  • Coins101Coins101 Posts: 2,602 ✭✭✭
    At least it stayed above $40. Now to see what the rest of the world has to say. It seems interesting they seem to pushes it up but NY pushes it back down. Hummmmmmmmmmmmmmmmmmmmmmm image
  • gsa1fangsa1fan Posts: 5,566 ✭✭✭
    Silver showing good over nightimage
    Avid collector of GSA's.
  • pitbosspitboss Posts: 8,643 ✭✭✭

    We will see what happens in about 3 hours, that seems to be when the shtf during the morning hours.
  • OPAOPA Posts: 17,119 ✭✭✭✭✭
    SHTF scenarios only occur when they are least expected. Today was no exception..nothing out of the ordinary with Silver continuing to outperform the other PM's.
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • gsa1fangsa1fan Posts: 5,566 ✭✭✭
    Will we see $42 by Friday close?
    Avid collector of GSA's.
  • pitbosspitboss Posts: 8,643 ✭✭✭
    I doubt if it will go that high but----
  • pitbosspitboss Posts: 8,643 ✭✭✭

    I have sure been wrong before. We may be on our way to $45 by next week at the rate silver is going. I did not even get a chance to buy .
  • Coins101Coins101 Posts: 2,602 ✭✭✭


    << <i>Did we already miss the correction before it began? >>



    I didn't "anticipate" that. image
  • BaleyBaley Posts: 22,660 ✭✭✭✭✭
    Did the SHTF? I'll step out and look around to see if we're missing it. not sure if we feel glee or sorrow, either way..

    Liberty: Parent of Science & Industry

  • ksammutksammut Posts: 1,074 ✭✭✭


    << <i>Will we see $42 by Friday close? >>



    Maybe today. LOL
    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

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