Market closes in 40 minutes

Discussion in 'Silver' started by sammysilver, Oct 10, 2014.

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  1. banks kept their metals

    banks kept their metals New Member

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    DOW is closing in negative territory again today, after being up over 150 pts earlier today.

    Silver and Gold holding steady.

    One day, people will want metals, and not the "paper" stuff.

    I think that day is getting close.
     
    banks kept their metals, Oct 14, 2014
    #21
  2. Phiber

    Phiber Well-Known Member Silver Stacker

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    You can only hope so.
    Still have not heard anyone outside the G&S club 'want' metals.
     
    Phiber, Oct 15, 2014
    #22
  3. mmissinglink

    mmissinglink Active Member

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    Bingo!

    That said, the 'club' can contract or expand (grow and shrink).




    .
     
    mmissinglink, Oct 15, 2014
    #23
  4. Peter

    Peter Well-Known Member

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    The S&P 500 needs to close below 1,810 to be in correction territory, based on its September 18 closing high of 2,011.36. It traded as low as 1,820 on Wednesday before ending at 1,862.

    The Nasdaq slipped under 4,138 -- its correction level -- briefly today before rebounding to close at 4,215.

    The Dow isn't far off from correction status either. It would need to dip below 15,552, compared with its close of 16,142.
     
    Peter, Oct 15, 2014
    #24
  5. rodmadman

    rodmadman New Member

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    Hmmm didn't this happen to Germany not so long ago?
     
    rodmadman, Oct 15, 2014
    #25
  6. Peter

    Peter Well-Known Member

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    Dax, ftse down 2,5%
    Japan down 2,2 % at 2pm
     
    Peter, Oct 16, 2014
    #26
  7. SpacePete

    SpacePete Well-Known Member Silver Stacker

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    Its that time of the week again. Will we see a Friday night smackdown?
     
    SpacePete, Oct 17, 2014
    #27
  8. sammysilver

    sammysilver Well-Known Member Silver Stacker

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    Thinking the same again. The Stackeratti v The Fed. Who will blink first?
     
    sammysilver, Oct 17, 2014
    #28
  9. sammysilver

    sammysilver Well-Known Member Silver Stacker

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    Less than 30 minutes to go with silver sitting at $19.70. Bought a few kilos last night for a friend, should we have waited?
     
    sammysilver, Oct 17, 2014
    #29
  10. finicky

    finicky Well-Known Member Silver Stacker

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    I'm taking it as a small positive that Dow is up over 260 points while gold and silver down only negligibly. Dollar is up too. Gold had a nice reversal during the night's trading. So not a bad night at all
     
    finicky, Oct 17, 2014
    #30
  11. SpacePete

    SpacePete Well-Known Member Silver Stacker

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    I picked up an awesome older chunk of silver a few days ago at these prices. I'll try to remember to bring it to the next meet.
     
    SpacePete, Oct 17, 2014
    #31
  12. sammysilver

    sammysilver Well-Known Member Silver Stacker

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    Is a chunk, ie 1Ck, an Australian unit of weight?
     
    sammysilver, Oct 17, 2014
    #32
  13. SpacePete

    SpacePete Well-Known Member Silver Stacker

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    It is now!
     
    SpacePete, Oct 17, 2014
    #33
  14. smk762

    smk762 Active Member Silver Stacker

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    smk762, Oct 18, 2014
    #34
  15. Peter

    Peter Well-Known Member

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    Dow down .9%
     
    Peter, Oct 22, 2014
    #35
  16. phrenzy

    phrenzy In Memoriam - July 2017 Silver Stacker

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    I've bitten. I have a little more buying to do yet but it's only a few bucks a kilo difference between today and earlier in the week.
    Still every little bit helps. I might have to go in again tomorrow if it hits 19aud.

    I just hope it keeps headed this way until early next week when the big push is on :)
     
    phrenzy, Oct 23, 2014
    #36
  17. sammysilver

    sammysilver Well-Known Member Silver Stacker

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    Amazing volatility. Volatile amazement.
     
    sammysilver, Oct 23, 2014
    #37
  18. sammysilver

    sammysilver Well-Known Member Silver Stacker

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    Two weeks later, 30 minutes to the close and it's all arse up again.

    Silver's down.
    Aussie's up.
    GSR can't make up its mind.
    Stocks are up.

    I predict that spot is unpredictable.
     
    sammysilver, Oct 24, 2014
    #38
  19. Phiber

    Phiber Well-Known Member Silver Stacker

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    Definitely your best prediction to date mate!
     
    Phiber, Oct 25, 2014
    #39
  20. excalibur

    excalibur Member Silver Stacker

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    How much longer before the market closes? (too lazy to do the math!)
     
    excalibur, Oct 31, 2014
    #40
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