Gold and Silver

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Jroy
Jroy Posts: 63
in Precious Metals
What would cause prices to be down so much in the early hours of GMT? http://www.thebulliondesk.com/
I do web development and freelance programming, please PM me if you need a website or web application.

Want To Buy:
Connecticut Nationals (Large and Small size)
Connecticut Obsoletes

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  • jdimmick
    jdimmick Posts: 9,992 ✭✭✭✭✭
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    I dont know but is going down like a boat anchor!!
  • DustyCoinbox
    DustyCoinbox Posts: 206
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    Bulls are waking up to the possibility that central banks may raise interest rates to curb inflation, which would adversely impact gold/silver demand.
    Successful BST purchases from: WaterSport, commoncents123, Hyperion, mozeppa, Mar327, coinlieutenant, Placid, MFH, fishteeth, FilthyBroke, SilverEagles92, illini420, barberman55, pcgs69 (2x) & 123cents

    History of the US Constitution Coin Set
  • AUandAG
    AUandAG Posts: 25,050 ✭✭✭✭✭
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    Morning prices are almost always off. Only go on closing prices for trends. May open way low and be
    seen as a buying opporturnity and thus rise during the day. We'll see.
    bob
    Registry: CC lowballs (boblindstrom), bobinvegas1989@yahoo.com
  • Jroy
    Jroy Posts: 63
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    Yeah, I have just never seen it drop so fast in the early morning.
    I do web development and freelance programming, please PM me if you need a website or web application.

    Want To Buy:
    Connecticut Nationals (Large and Small size)
    Connecticut Obsoletes
  • Jroy
    Jroy Posts: 63
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    Down $1.50 in pre market?
    I do web development and freelance programming, please PM me if you need a website or web application.

    Want To Buy:
    Connecticut Nationals (Large and Small size)
    Connecticut Obsoletes
  • DustyCoinbox
    DustyCoinbox Posts: 206
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    Check the 24 hour gold trading real time chart on kitco's website (www.kitco.com). You can watch it trade round the clock - even see how it reacts when a new market opens. Great for insomnia!
    Successful BST purchases from: WaterSport, commoncents123, Hyperion, mozeppa, Mar327, coinlieutenant, Placid, MFH, fishteeth, FilthyBroke, SilverEagles92, illini420, barberman55, pcgs69 (2x) & 123cents

    History of the US Constitution Coin Set
  • BlackBeard
    BlackBeard Posts: 1,064 ✭
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    Wow. Silver took a serious dive to the mid $12 range. This can be linked directly to my bullion purchase on Wednesday, I tend to have that effect image
    Witty sig line currently under construction. Thank you for your patience.
  • RedTiger
    RedTiger Posts: 5,608 ✭
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    Stop loss orders, margin calls and option expiration Friday all come to mind.
    Investment blog: gold, stocks and more
  • storm888
    storm888 Posts: 11,701 ✭✭✭
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    SHORT more of both GLD and SLV, on ANY strength.

    BOTH are headed into the toilet, but may have some
    silly bounces on the way.
    Folks Who Bite Get Bitten. Folks Who Don't Bite Get Eaten.
  • rte592
    rte592 Posts: 2,234 ✭✭✭✭✭
    edited March 8, 2022 5:31PM
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    Delete

  • ricko
    ricko Posts: 98,724 ✭✭✭✭✭
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    Just the middle of the week.... stocks rising, active market, gold will rise again.... Cheers, RickO

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