Did silver really go up 2 cents today ?
TwoSides2aCoin
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TwoSides2aCoin
Posts: 44,293 ✭✭✭✭✭
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Yup..sure did, after dropping 40+ cents yesterday...very impressive move.
spot shmot....lower the better
for those of us in the physical acquisition stage.....
Loves me some shiny!
swing.... not only is it being used in electronics, but also in clothing as an anti-bacterial
agent....good time to buy.... Cheers, RickO
"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
Silver is up $.37
Gold is up $30.70
Nice correlation today.
Silver is up $.37
Gold is up $30.70
and NUGT up 33.31%, go figure.
"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
Unusual and significant jump for a Friday.... looks like people protecting against something that will become obvious next week.... Cheers, RickO
Actually the move was in response to domestic and international news released on Friday.
Knowledge is the enemy of fear
Unusual and significant jump for a Friday.... looks like people protecting against something that will become obvious next week.... Cheers, RickO
Actually the move was in response to domestic and international news released on Friday.
That's a big 10 4...once digested over the weekend, reality will prevail this coming week with more of the same swings that we've been accustomed to over the past 6 month's.
Unusual and significant jump for a Friday.... looks like people protecting against something that will become obvious next week.... Cheers, RickO
Horrible May jobs report, strong yen, weakening odds of a June rate hike, and bond yields down took their toll on the good ole US greenback. Confidence in the dollar declined, safehaven sought elswhere. Funny money down, reliable money up. Affect of an employment report on the dollar shows just how fragile the currency is becoming.
Peter Schiff best sums up what more and more people are beginning to realize: ""The [jobs] report provides more proof the recovery is just an illusion. We don't have a real recovery, because we have too much cheap money."
"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
The hyperbole surrounding precious metals investing is its biggest "fundamental".
Knowledge is the enemy of fear
"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
I am confident that you are trapped in your box.
Im sure you are. I guess it's just the size of the box that matters.
So which direction is the next 10% move in silver?
Knowledge is the enemy of fear
I am confident that you are trapped in your box.
Im sure you are. I guess it's just the size of the box that matters.
So which direction is the next 10% move in silver?
Wall thickness is equally important.
PM correction in the near term, the percentage will validate a longer term view.
"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
Who's buying ?
I buy with every bonus ebay buck offer.
"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
it would be nice if the price tripled.
Liberty: Parent of Science & Industry
I tried that and eBay would not qualify it.
You need to look for it in the NON BULLION COIN CATEGORY. Silvertowne & APMEX usually have some "mislisted."
Too late now, I spent $3000 before I found out.
See if seller will cancel sale. Most usually do because they fear you will return it anyway, causing them more headache. Don't be surprised if you end up on their blocked bidder list.
Before committing to a purchase always verify ebay buck eligibility by a statement from ebay in the listing that says "you will earn XX ebay bucks with this purchase." No statement, no bucks.
"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
"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
Because money should never be cheap. It's made of the time, and the labor we put in for it. Correct me if I'm seeing this wrong.
I am confident that you are trapped in your box.
Im sure you are. I guess it's just the size of the box that matters.
So which direction is the next 10% move in silver?
Wall thickness is equally important.
PM correction in the near term, the percentage will validate a longer term view.
Sorry to have set you up like that. Sometimes it's just too easy.
Knowledge is the enemy of fear
I knew it would happen.
Silver is subject to emotional swings. I like silver, always have.
I liked silver at $10. I like it at $40.
Some silver is worth more than gold. Some bars , some bells, some whistles...
I have a silver dollar that I wouldn't trade for an ounce of gold.
But that's for BST forum.
I think we think along the same lines, there.
"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
Word is that price is being driven up by surge in demand from Chinese individual hoarding.
I'm another thread it was said JPM was buying all the ASEs.
Speculation sure is fun.
Knowledge is the enemy of fear
Word is that price is being driven up by surge in demand from Chinese individual hoarding.
I'm another thread it was said JPM was buying all the ASEs.
Speculation sure is fun.
Make that three. Derry's buying ASEs as well.
"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
Word is that price is being driven up by surge in demand from Chinese individual hoarding.
I'm another thread it was said JPM was buying all the ASEs.
Speculation sure is fun.
Make that three. Derry's buying ASEs as well.
But Derry's been buying all along....means nothing.
My thought is just that why does there always have to be some "reason" (mostly nefarious) for metals to move one way or the other. Why can't it just be a function of simple relative valuation ---like it really always is?
Knowledge is the enemy of fear
BST Transactions (as the seller): Collectall, GRANDAM, epcjimi1, wondercoin, jmski52, wheathoarder, jay1187, jdsueu, grote15, airplanenut, bigole
Word is that price is being driven up by surge in demand from Chinese individual hoarding.
Chinese nationals have been using their yuan to buy up any assets that are out of the reach of the Chinese gov't to hedge (not 100% sure against what).
Chinese nationals have been propping up real estate in the US and Canada (LA, Seattle and Vancouver). They are also doing whatever they can to get into sheltered financial products as well...and many companies are catering to them as it is "easy" money.
Word is that price is being driven up by surge in demand from Chinese individual hoarding.
I'm another thread it was said JPM was buying all the ASEs.
Speculation sure is fun.
Make that three. Derry's buying ASEs as well.
But Derry's been buying all along....means nothing.
My thought is just that why does there always have to be some "reason" (mostly nefarious) for metals to move one way or the other. Why can't it just be a function of simple relative valuation ---like it really always is?
All asset transactions are a matter of simple relative valuation. Valuation, regardless of the asset, is determined by all those reasons you wish to either ignore or pretend that they do not exist.
How do you determine valuation without "reason?"
"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