I'm still around... Don't see any icebergs from my vantage point on the lookout...i think it will be pretty calm. I see some spilt rum on deck though
I almost shot coffee out my nose, i looked & thought i saw 55.80, it was the last visit time i was reading, remind me to not scroll so fast.
Spot gold, spot silver charts, GSR, US$ index, AU/USD charts all on deck and aligned on the upper deck. Buy button on standby the steering wheel.
And thar she goes, 49.069 USD! What do you guys use for silver price GSR etc? I'm currently using the goldprice.org one and it seems slower than what you guys are using
Im gonna be up all night for the silver party. The soup is on the stove, beers have already been had, now to just watch a graph with red lines go up to $50 hopefully. Who is with me?
Howdy, I've been lurking for the last 6 months, so I thought it was time to pop in and say GiDay. GiDay. I enjoy picking up bits of metal from the Perth Mint via their accounts and have been collecting Canadian equities for the past 5 years or so via the TSX (ie AXR, GPR, MAI, IPT, ASM etc). I also have interests in CCU and SVL via the ASX. Have enjoyed the banter on these forums and it was nice to find a home grown site to learn from others regarding PM investing. Greetings anyways from Perth.
Hi Ho my Hearties. I've been watching the royal wedding trying to get and idea where they hide all the gold and silver. Whats been going on, I thought you have the 50 up by tea, old chaps. They tell me Captain Kookaburra has been laughing all the way to the bank. He must have sold some silver. Has our regular Captain Turk being around to hand out the bundy & coke?. We can't afford to have anyone seasick for the last 2hrs of a wild NY market. I can feel it in my water well see 50 tonight or my name is not Errol Flynn. Regards Errol43
I saw 49.15(ish) as a peak, then back down.... it appears that the big five-ooohhh will prove a worthy opponent (albeit breifly) Steady as she goes....48.51 (nice comfort zone to be forming )
It's only round two in tonights main event. It's a long way to the top if you want to be a stacker. Regards Errol43
To be gold, or silver to be: that is the question: Whether 'tis nobler in the mind to suffer The slings and arrows of outrageous fortune, Or to take arms against a sea of troubles, And by opposing end them? To die: to sleep; No more; and by a sleep to say we end
Good to see you on deck Errol43 The Captain and Captain Kookaburra, are checking the charts. No doubt they will surface when the rums all gone. $48.33
Kitco News) - Margins needed to trade Comex silver futures are being increased by the CME Group and will take effect after the close of business on Friday, the exchange said late Thursday in a press release. This is the second time this week the CME Group said it would to raise the margin needed to trade
http://www.bloomberg.com/news/2011-...nal-bullion-extending-record-price-rally.html Central banks that were net sellers of gold a decade ago are buying the precious metal to reduce their reliance on the dollar as a reserve currency, signaling demand that may extend a record rally in prices. As developing countries accelerate purchases, gold may reach $2,000 an ounce this year, compared with a record of $1,538.80 yesterday in New York, said Robert McEwen, the chief executive officer of producer U.S. Gold Corp. Euro Pacific Capital's Michael Pento, who correctly predicted gold's highs for the past two years, forecast a 2011 high of $1,600. Prices reached a record 14 times this month on demand from investors seeking an alternative to the dollar after the currency slumped to the lowest since 2009, U.S. debt widened, and the Federal Reserve signaled April 27 that borrowing costs will remain near zero percent for an extended period. The economy in China, the biggest foreign holder of U.S. Treasuries, grew 9.7 percent in the first quarter. "China is out to have more gold than America, and Russia is aspiring to the same," McEwen said yesterday in an interview in New York. "When you have debt, you don't have a lot of flexibility. China wants to show its currency has more backing than the U.S." In 2010, central banks became net buyers for the first time in two decades, adding 87 metric tons in official-sector purchases by countries including Bolivia, Sri Lanka and Mauritius, according to World Gold Council data. China, with more than $3 trillion in foreign-currency reserves, plans to set up new funds to invest in precious metals, Century Weekly reported this week. Russia purchased 8 tons of gold in the first quarter. China's Gold Reserves China, which has just 1.6 percent of its reserves in gold, may invest more than $1 trillion in bullion, Pento said. "China wants to be an international player, and they need to own more gold than they currently have."
