The following members only are still in this comp: a1nipper Grader84 Court Jester kezza26 10ozhound Andy28 shadowmage Taz03 autumnleaf screaming eagle Hp1173 Last weeks close was USD$19.94 so based on that: Higher = $20.15 or more Lower = $19.73 or less Sideways = between and including $19.74 - $20.14 Entries close 23.59.59 aest (Melbourne) time Thursday April 10th.
haha only because I was surprised to actually find it higher at the moment. I still almost put sideways though.
There is some serious nervosity on the silver market this week. It's like the money for nothing club doesn't know in which direction to frontrun. Tomorrows COT report about wedsnesday $19.845 will give some clue. Last week price was $19.80 so about identical and total net position was 28442 contracts of 5000 ounces. If it's the same then nothing changed. If it's higher then lower price is more likely. If it's lower then lower price is less likely. This all on the shorter term.
It is currently smack bang in the middle of sideways, but the market hasnt closed yet. Smack up or smack down yet to come!