Friday Smack-Watch

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

  1. wrcmad

    wrcmad Well-Known Member Silver Stacker

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    I am a bit worried that you can wake up on Saturday with a red bum... and a smile. :lol:
     
  2. SpacePete

    SpacePete Well-Known Member Silver Stacker

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    Hint, it is not related to farm payrolls.
     
  3. wrcmad

    wrcmad Well-Known Member Silver Stacker

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    :p :lol:
     
  4. SpacePete

    SpacePete Well-Known Member Silver Stacker

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    Friday night Smackeratti meetup. :p
     
  5. SpacePete

    SpacePete Well-Known Member Silver Stacker

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    Progress report. Friday night smackeratti meetup is so far uneventful. Consumption of beer is progressing slowly.
     
  6. sammysilver

    sammysilver Well-Known Member Silver Stacker

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    About 10:30 last night I had a newsflash from the NYT telling of 223,000 new jobs with unemployment dipping. I thought that that would be this weekend's trigger for the smackdown, apparently not!

    Without reading too much into one weekend, have we reached a point where silver has bottomed, without too much wriggle room left for the manipulators?
     
  7. SpacePete

    SpacePete Well-Known Member Silver Stacker

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    Maybe its a sign of stagnation. There are some much bigger economic events unfolding at a snails pace.
     
  8. Eureka Moments

    Eureka Moments Well-Known Member Silver Stacker

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    Nice day for one.
     
  9. whinfell

    whinfell Well-Known Member Silver Stacker

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    One up, or one down?
     
  10. FNQsilver

    FNQsilver Member

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    Looks like it's a smack up this time around, the dropping Aussie $ is helping though.
     
  11. House

    House Well-Known Member Silver Stacker

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    Smack my graph up. Nice.
     
  12. SpacePete

    SpacePete Well-Known Member Silver Stacker

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    The night is still young. Anything could happen.
     
  13. Caput Lupinum

    Caput Lupinum Well-Known Member Silver Stacker

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    US inflation figures were crap

    There's a few central bank governor speeches tonight (Japan, UK and US) so it could be a rough night
     
  14. rodmadman

    rodmadman New Member

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    Hogwash and what was it the day before that and the day before that. Really? no, REALLY? wOW
     
  15. sammysilver

    sammysilver Well-Known Member Silver Stacker

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    Fifties are my barometer, and they are becoming harder and harder to find in Sydney. I believe most old silver is in strong hands with only new silver available to investors. These investors are pegging the bottom because the dips are bought at every opportunity thus keeping the smackdowns to a minimum. We are reaching the point that the annual 1,000 million ounces is not enough for industrial, jewellery and investment demands.

    Further, bear in mind that though many of the Stackeratti are flippers, there is a greater majority of investors out there that only accumulate. They rarely if ever sell. I'm starting to sense that $24 spot is not too far away, with $27 on the horizon.

    Silver is now between industrial demand when the economy is pumping and investment demand when the economy is tanking. A win win situation. Having stated this, I believe that silver within the current range of sub $22 is a bargain and may never be seen again.
     
  16. -j-p-shmorgan

    -j-p-shmorgan New Member

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    It's Friday. Awaiting the $1 price drop. lol
     
  17. sammysilver

    sammysilver Well-Known Member Silver Stacker

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    I have no bloody idea.
     
  18. Ronnie 666

    Ronnie 666 Well-Known Member Silver Stacker

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    Ask the BLS for the BS statistics - wonderful report lol
     
  19. alor

    alor Well-Known Member Silver Stacker

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    ever so slowly :)
     
  20. Altima

    Altima Well-Known Member Silver Stacker

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    Down she goes...
     

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