Just a guess but, Maybe it's that. http://www.bloomberg.com/news/2011-...000-in-june-jobless-rate-climbed-to-9-2-.html Bastard economists said "payroll looks good" before report came out, made Silver and Gold tank a bit but now that the report is out, WINNER!!!!!!
My guess - most likely shorts covering as they expected better jobs (i.e. stocks to go up) which would drive down PMs. Looks like cat's out of the bag with the reverse and driving the buying from the panicking shorts... Once the dust settles, possible drift back down unless more news from EU, more likely debt ceiling. I would love to be wrong and the rocket has started
I think they are running out of carded koalas, I heard there should be a secret hoard somewhere in this forum. Quick, get yours.
Haha, I'll just sell them at spot + 5% when spot is $60 That's like...next week at the rate things were going ! Anyway on a completely unrelated topic, is it just me or can I not see past the first page of trade feedback (eg. 2nd page)?
we ha weee haaa, silver will be going to 43 usd, launching pad for carded koalas brothers... ;-) the orang utan will be out soon, red orang (Mr Kasasi kiss Julia Robert) http://www.youtube.com/watch?v=I6GdRxImID8&feature
Sorry guys, I'll not rehearse as loud next time, its evidently causing chaos in the commodity markets again...