Latest spikes and dips

Discussion in 'General Precious Metals Discussion' started by goldpanner, Aug 31, 2011.

  1. goldpanner

    goldpanner New Member

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    Lately there seems to be a lot more sudden spikes or dips. Just wondering if this is normal or if we are seeing a lot more volatility due to uncertainty.
    Gold has sometimes gone up or down by $50 or more at a time!
    These dips and spikes I assume they are due to paper trades?
     
  2. Clawhammer

    Clawhammer Well-Known Member Silver Stacker

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    certainly been having conniptions...
     
  3. fishball

    fishball New Member Silver Stacker

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    There's always been spikes and dips, the May spike/crashes for Silver were more wild than anything over the last few weeks.

    A change of $50 in Gold as a percentage is around $1 change in Silver, so while the numbers may sound amazing, the change isn't all that much.

    The stock market, commodities market among many others are way more volatile than PMs. This is nothing :).

    Stack on.
     
  4. Jislizard

    Jislizard Well-Known Member Silver Stacker

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    Makes trading interesting
     
  5. Guest

    Guest Guest

    Nappy time!
     
  6. jpanggy

    jpanggy Active Member

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    I'm glad I got my adult nappy from redback.
     

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