Midnight to 6am - Overnight Spot Watchers Spot...

Discussion in 'Silver' started by Turk, Mar 31, 2011.

  1. bubblebobble2

    bubblebobble2 Administrator Staff Member Silver Stacker

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    I think tonight IS IT! Spots are ‘itching’ to jump on new record lvl…especially GOLD..I hope Ag is not far behind….

    go YOU BEAUTY!
     
  2. hardyakkagold

    hardyakkagold Well-Known Member Silver Stacker

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    Silver is a tiny $30 Billion market, so it is easy for the powers that be to control the prices with their paper derivates market.
     
    Last edited: Oct 18, 2023
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  3. jultorsk

    jultorsk Well-Known Member Silver Stacker

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    Gold should have a jog up after the escalation in Iran over the weekend?
     
  4. Shaddam IV

    Shaddam IV Well-Known Member Silver Stacker

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    You would think so but nothing with gold seems to make sense these days.
     
  5. bubblebobble2

    bubblebobble2 Administrator Staff Member Silver Stacker

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    goog luck with this one ..
     
  6. Davros10

    Davros10 Well-Known Member Silver Stacker

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    The correlation has never been there but the belief in the myth is super persistent
     
  7. hardyakkagold

    hardyakkagold Well-Known Member Silver Stacker

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    [​IMG]
     
    Last edited: Oct 18, 2023
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  8. JohnnyBravo300

    JohnnyBravo300 Well-Known Member Silver Stacker

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    Well Lebanon is next, i was wondering who it would be haha.
    And still the masses fail to connect the dots.
     
  9. 66rounds

    66rounds Well-Known Member Silver Stacker

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    The street rate for the Lebanese lira is already some $50k Lebanese pounds per USD. The CB is just playing slow catch and adjusting the official peg from $1500 lira per USD to $15000 lira per USD. USD withdrawals and transactions are still banned so it is barely even window dressing the problem.
     
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  10. 66rounds

    66rounds Well-Known Member Silver Stacker

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    Screenshot_2023-02-01-20-58-42-10.jpg

    The dollar exchange rate has reached an all-time high of 60,000 LBP for one dollar.

    To put this into perspective, one dollar was worth at the beginning of the year...
    2019: 1,500 LBP
    2020: 2,000 LBP
    2021: 8,500 LBP
    2022: 30,000 LBP

    "The change to 15,000 was a step towards unifying multiple exchange rates, in line with a draft agreement Lebanon reached with the International Monetary Fund last year that set out conditions to unlock a $3 billion bailout"

    Dancing with the devil (IMF) leads to permanent impoverishment.
     
  11. Shaddam IV

    Shaddam IV Well-Known Member Silver Stacker

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    Both silver and gold plunged just before market close in all currencies.... What could have caused that? (It would be great for the Aussies here if there was an AUD/USD chart on the charts page but I can't see that happening. :(
     
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  12. Oddjob

    Oddjob Well-Known Member Silver Stacker

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    I bought a few bibs and bobs (Ag and Au) the other day...always drops after I buy something. :D
     
  13. dragafem

    dragafem Well-Known Member Silver Stacker

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    Now we all know why is the drop.Thank you for that :D:D
     
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  14. Oddjob

    Oddjob Well-Known Member Silver Stacker

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    ^^^^^^^^
    Wonder if I should advise SS after I buy something so you all can short the PM's market. :D
     
  15. bubblebobble2

    bubblebobble2 Administrator Staff Member Silver Stacker

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    ^^^
    yes pls…atleast other mbrs are prepared to take the hit
     
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  16. JohnnyBravo300

    JohnnyBravo300 Well-Known Member Silver Stacker

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    Better to be 10 years early than one day too late.
     
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  17. Shaddam IV

    Shaddam IV Well-Known Member Silver Stacker

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    The charts page is coming up with no traces for me right now, anyone else notice this?
     
  18. Shaddam IV

    Shaddam IV Well-Known Member Silver Stacker

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    We'd all get done for insider trading!
     
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  19. Oddjob

    Oddjob Well-Known Member Silver Stacker

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    It's the "George Costanza" trading theory.

    [​IMG]
     
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  20. heartastack

    heartastack Well-Known Member Silver Stacker

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    That's what I said three years ago
     

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