Friday Smack-Watch

Discussion in 'Silver' started by Eureka Moments, Jan 23, 2015.

  1. phrenzy

    phrenzy In Memoriam - July 2017 Silver Stacker

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    Maybe it's not a technical breakout of range but 55c up on a Friday night close out is nice to see.
     
  2. whinfell

    whinfell Well-Known Member Silver Stacker

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    Down, down, prices are down!
     
  3. Highonsilver

    Highonsilver Active Member Silver Stacker

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    I'll have a stab at 20.23.....
     
  4. sammysilver

    sammysilver Well-Known Member Silver Stacker

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    Breakout. $21.50
     
  5. phrenzy

    phrenzy In Memoriam - July 2017 Silver Stacker

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    If non farm and unemployment numbers are good you'll see a smack down in usd terms but probably more or less unchanged in aud.
     
  6. ryan71

    ryan71 Member

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    Maybe I'll wait for $10us?
     
  7. phrenzy

    phrenzy In Memoriam - July 2017 Silver Stacker

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    Told you. I fell asleep early and couldn't take advantage. Damn.
     
  8. BoliverT.

    BoliverT. New Member

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    This Fridays smack down looks more like a Friday night knock out, since I bought a RCM one oz. gold bar and a kilo JM bar,f@#$
     
  9. silverprepper999

    silverprepper999 New Member

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    also EURO smackdown, so not a big change in price for us in europe :(

    [​IMG]
     
  10. _Drew_

    _Drew_ Member

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    Will we see a $19 AUD smack down tonight?
     
  11. phrenzy

    phrenzy In Memoriam - July 2017 Silver Stacker

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    I predict that we will actually go ok today. A little drop but nothing dramatic. The forex guys booking profits and covering shorts will limit the dxy loss. Although euro traders might be selling off incase things open worse Monday so who knows.

    If Putin really did have a big old stroke and it finally comes out over the weekend then we might see a nice open Monday.
     
  12. Caput Lupinum

    Caput Lupinum Well-Known Member Silver Stacker

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    US PPI figures are out tonight which is a gauge as to what to expect from inflation which could influence prices. Won't be enough to push the USD index through 100 but sellers could step in pushing metal prices higher.
     
  13. phrenzy

    phrenzy In Memoriam - July 2017 Silver Stacker

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    are you as sick as I am watching everyone obsess about the word "patient"? GDP figures will be big though I think.
     
  14. Caput Lupinum

    Caput Lupinum Well-Known Member Silver Stacker

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    I take what the Fed says in the FOMC minutes with a grain of salt. I tend to stick with what the data is indicating
     
  15. sammysilver

    sammysilver Well-Known Member Silver Stacker

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    I think it will breakout to AUD20.
     
  16. Caput Lupinum

    Caput Lupinum Well-Known Member Silver Stacker

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    PPI came in well below expectations which is causing the USD to sell off but it's fading quickly. The rising USD is already starting to bite and the Fed hasn't even began raising rates.
     
  17. Eureka Moments

    Eureka Moments Well-Known Member Silver Stacker

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    Been a big week.
     
  18. sammysilver

    sammysilver Well-Known Member Silver Stacker

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    There's a disturbance in the Force. There's movement at the station. There's danger afoot.

    Breakout. The colt from old Regret will do a runner.

    $21.50.
     
  19. SpacePete

    SpacePete Well-Known Member Silver Stacker

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  20. Caput Lupinum

    Caput Lupinum Well-Known Member Silver Stacker

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    Greece is suppose to come up with $2 billion today for a debt repayment to the IMF which I believe they are raiding pension funds and the state electricity account to come up with but apart from that it should be pretty quiet.
     

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