What's caused the new spike?

Discussion in 'Silver' started by Miss Silver, Jul 13, 2011.

  1. Miss Silver

    Miss Silver New Member

    Joined:
    Apr 29, 2011
    Messages:
    150
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    Australia
    Any ideas???
     
    Miss Silver, Jul 13, 2011
    #1
  2. aleks

    aleks Well-Known Member Silver Stacker

    Joined:
    Oct 14, 2010
    Messages:
    2,210
    Likes Received:
    27
    Trophy Points:
    48
    Location:
    Karl-Marx-Allee
    aleks, Jul 13, 2011
    #2
  3. Fe Mike

    Fe Mike New Member Silver Stacker

    Joined:
    Dec 14, 2010
    Messages:
    188
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    Australia
    Increased concern over Eurozone instability + Moody's talking about downgrading US AAA rating = flight to USDCHF/ EUR/CHF (gold-ish backed currency) + flight to safety in gold . . .also liquidation in some areas causing dropping effect = more buoyancy for our favourite elements. Gold drags silver up. Also, people with vested interests in surpressing silver prices already have their hands *F*CKING FULL* in other areas at the moment, believe me.

    Also, elves.
     
    Fe Mike, Jul 14, 2011
    #3
  4. Agauholic

    Agauholic New Member

    Joined:
    Sep 20, 2010
    Messages:
    813
    Likes Received:
    1
    Trophy Points:
    0
    Location:
    Australia
    [​IMG]
    The Bernanke
     
    Agauholic, Jul 14, 2011
    #4
  5. Agauholic

    Agauholic New Member

    Joined:
    Sep 20, 2010
    Messages:
    813
    Likes Received:
    1
    Trophy Points:
    0
    Location:
    Australia
    hah.... just realised that background is modeled to look like a high-grade core....


    "tradition" i spose... ahhaha
     
    Agauholic, Jul 14, 2011
    #5
  6. goldpelican

    goldpelican Administrator Staff Member

    Joined:
    Jun 29, 2009
    Messages:
    17,648
    Likes Received:
    581
    Trophy Points:
    113
    goldpelican, Jul 14, 2011
    #6
  7. spannermonkey

    spannermonkey Well-Known Member Silver Stacker

    Joined:
    Jun 5, 2010
    Messages:
    15,809
    Likes Received:
    2,602
    Trophy Points:
    113
    Location:
    here there everywhere
    spannermonkey, Jul 14, 2011
    #7
  8. Peter

    Peter Well-Known Member

    Joined:
    Jul 28, 2009
    Messages:
    2,635
    Likes Received:
    121
    Trophy Points:
    63
    Location:
    sydney
    I'd say its mostly elves.People get too caught up in the detail.
     
    Peter, Jul 14, 2011
    #8
  9. Ag

    Ag Well-Known Member Silver Stacker

    Joined:
    Jan 30, 2010
    Messages:
    1,394
    Likes Received:
    43
    Trophy Points:
    48
    Location:
    QLD
    Is it really fair to say Au dragged Ag up? percentage gains in Ag in AUD are pretty impressive?
     
    Ag, Jul 14, 2011
    #9
  10. Smoothcriminal

    Smoothcriminal New Member Silver Stacker

    Joined:
    Oct 29, 2010
    Messages:
    1,426
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    Perth
    Smoothcriminal, Jul 14, 2011
    #10
  11. Clawhammer

    Clawhammer Well-Known Member Silver Stacker

    Joined:
    Feb 26, 2010
    Messages:
    8,809
    Likes Received:
    72
    Trophy Points:
    48
    Location:
    Gone Fishin'
    "What's caused the new spike?"

    Grease...umm...I mean Greece !?
     
    Clawhammer, Jul 14, 2011
    #11
  12. Jislizard

    Jislizard Well-Known Member Silver Stacker

    Joined:
    Apr 7, 2011
    Messages:
    7,518
    Likes Received:
    639
    Trophy Points:
    113
    Location:
    Australia
    It's not just a spike, it's an upward trend, all the way to da moon!
     
    Jislizard, Jul 14, 2011
    #12
  13. MelbBrad

    MelbBrad New Member

    Joined:
    Nov 29, 2010
    Messages:
    624
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    Australia
    The vibe...
     
    MelbBrad, Jul 14, 2011
    #13
  14. BullionDollarMan

    BullionDollarMan Member Silver Stacker

    Joined:
    Mar 31, 2011
    Messages:
    503
    Likes Received:
    3
    Trophy Points:
    18
    Location:
    Melbourne
    Interesting to see gold's response... It's yoyoing up and down and doesn't look like it knows what to do..
     
    BullionDollarMan, Jul 14, 2011
    #14
  15. Jislizard

    Jislizard Well-Known Member Silver Stacker

    Joined:
    Apr 7, 2011
    Messages:
    7,518
    Likes Received:
    639
    Trophy Points:
    113
    Location:
    Australia
    I am not looking at the charts but it seemed to be the beginning of the week when silver was about $31 AUD, it also seems to be going up about a dollar a day, we're not going to have a repeat of May are we? Rapid price rises followed by a takedown.

    Please excuse my timeframes as they may be a little out
     
    Jislizard, Jul 14, 2011
    #15
  16. jnkmbx

    jnkmbx Well-Known Member

    Joined:
    Apr 8, 2011
    Messages:
    1,700
    Likes Received:
    54
    Trophy Points:
    48
    Location:
    Sydney, Australia
    jnkmbx, Jul 14, 2011
    #16
  17. goldpanner

    goldpanner New Member

    Joined:
    May 12, 2011
    Messages:
    580
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    Beyond the Black Stump....
    I hear the word 'default' being used a lot more this past week!
     
    goldpanner, Jul 14, 2011
    #17
  18. SilverBaron

    SilverBaron Member Silver Stacker

    Joined:
    Apr 10, 2011
    Messages:
    586
    Likes Received:
    2
    Trophy Points:
    18
    Location:
    Melbourne (South East)
    That it easy guys,

    lets not get too excited,

    its only at $36 AUD
     
    SilverBaron, Jul 14, 2011
    #18

Share This Page