Hahha I love this app, its pretty much refreshing every 2 mins.. On the way to work in the car while logging onto the pc at work toilet break - sit on the dunny and furiously update every 30 secs coffee breaks cig breaks check the time, might as well check the chart etc etc..
I gave my Minister for Public Affairs and Finance an 1899 sov on a necklace for our 10th wedding anniversay last year. After giving her a bit of history, she now pays attention to the spot price of gold on the morning breakfast shows.
damn damn damn i need a jobz so i can start stacking more.... just sit still for now damn tafe is gay
Also, Is anyone here a follower of the Silver Analyst? He's come up with this indicator, the Silver Leverage Indicator. It seems that when silver outperforms gold by a certain percentage over a period of time (not sure of that period), then a long term peak is about to happen, has just happened, or is happening. Does anyone here follow that. I've looked at some old stuff and it seems that his indicator is usually correct withing ten percent of the actual measured peak. Thoughts?
The desire to see JP Morgue suffer is overwhelming but I do worry about the fallout that these kinds of rapid large changes tend to have on the greater economy, they are strong currents, and the little fish are the ones that often suffer even more that the whales.... The bigwigs at JP Morgue will already have their escape route in place, courtesy of their poodles in the White House.
yes this is correct. below is from a paid newsletter i highly recommend: http://www.speculative-investor.com - credit to Steve Saville. Current Market Situation - Interim Update 16th February 2011 As noted last week, the silver/gold ratio's move to a new multi-year high increases the probability of both silver and gold making new multi-year highs within the next few weeks. -------------- Interim Update 9th February 2011 The silver/gold ratio made a new multi-year high earlier this week, an event that increases the probability of both gold and silver making new multi-year highs within the next few weeks. However, we would continue to be cautious and only accumulate new positions on weakness. Our concerns are that the silver/gold ratio never dropped enough to properly correct last year's moon-shot, and that while sentiment in the gold market is constructive the same can't be said of the silver market. There is a lot of froth in the silver market and this froth will have to be eliminated by a sizeable price decline that either begins from near the present level or begins from a higher level a few weeks from now. There is some talk about silver being in backwardation, but based on the quote table displayed HERE (http://futuresource.quote.com/quotes/relatedquote.action?symbol=SI+H1) it is more accurate to say that silver's forward price curve is flat. There is almost no difference between the nearest futures price and the prices of longer-dated contracts, so silver is neither in contango nor in backwardation. The flat forward price curve suggests some tightness in the silver market, which doesn't imply that the price is about to move higher -- since the tightness is already discounted in current prices -- but does suggest that the market will be more sensitive than usual to a bullish change in the near-term supply/demand balance.
