silver price manipulation obvious

Discussion in 'Silver' started by ekmchan, Dec 25, 2014.

  1. Pirocco

    Pirocco Well-Known Member

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    This is your answer Golighty:

    Any other words in the text you quoted from me, that you have problems with?
     
  2. SpacePete

    SpacePete Well-Known Member Silver Stacker

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    Apologies Pirocco, you may have misinterpreted my comment. No criticism or insult was intended. It's the neuralizer from Men In Black used to erase memories when the general public discover or see something the government does not wish them to know. So the MIB erase their memories and the public goes about their lives blissfully unaware that something has been covered up.
     
  3. Pirocco

    Pirocco Well-Known Member

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    What Apologies Pirocco?
    I passed your explanation to Golightly that asked for translation.
    That's all.
    What else did you do, that you apologize here now for?
     
  4. SpacePete

    SpacePete Well-Known Member Silver Stacker

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  5. Pirocco

    Pirocco Well-Known Member

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  6. Nabullion Dynamite

    Nabullion Dynamite Active Member

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    OMG that manupulation is back, Money Grabbers at it again!
     
  7. SpacePete

    SpacePete Well-Known Member Silver Stacker

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    'round these parts, folks call that sideways. But when the numbers match up, Satan will return.

    [​IMG]
     
  8. ekmchan

    ekmchan Member

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    :eek: someones wife sure had alot of orgasms in one night..
     
  9. SpacePete

    SpacePete Well-Known Member Silver Stacker

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    Well, I don't like to boast, but....
     
  10. serge83

    serge83 Member

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    Only been watching spot for a few months now and seen this happen a few times. Does this always happen with the price? It seems so obvious it's being done purposefully.
     
  11. Hp1173

    Hp1173 Active Member Silver Stacker

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    No, I am not doing FTF
    Its because of the new years day public holiday.
     
  12. Pirocco

    Pirocco Well-Known Member

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    I have read that previous days-ends spot price is used as an offset the next day.
    The new incoming supply/demand data then is everytime added to that offset, with the offset only updated at the end of the day to the new days end.
    If there are periods in which there is no incoming new data (markets closed) then there is no addition, causing the spot price value to suddenly (a vertical) jump back to the offset (the previous days end spot price).
    This explains the horizontal line segments on that price.

    Then, I've read that the price resolution is 3 after the comma (0.005), so if a chart shows 2, there must be rounding to 2 digits, anything equal (assumption) or above 19.195 causes a jump to 19.20 and anything below 19.195 causes a jump to 19.19, explaining the series spikes forth and back.
     
  13. serge83

    serge83 Member

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    Thanks, that makes sense.
     

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