Midnight to 6am - Overnight Spot Watchers Spot...

Discussion in 'Silver' started by Turk, Mar 31, 2011.

  1. bubblebobble2

    bubblebobble2 Well-Known Member Silver Stacker

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    lots of rich ppl in US…forget it here…nothing like that is happening in my locals
     
  2. BelfastChild

    BelfastChild Active Member Silver Stacker

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    Well spot just dropped to about $32.60 but looks like it's started to recover a bit back to low $33.
     
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  3. Shaddam IV

    Shaddam IV Well-Known Member Silver Stacker

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    the Silver Lady is feeling sad this morning without a doubt.
     
  4. robertc400

    robertc400 Well-Known Member Silver Stacker

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    About a month ago gold was at US$1850 and silver got to AU$36
    Gold has been climbing ever since to US$1930 thereabouts and silver is down to AU$33.30
    Anybody know why?
     
  5. sammysilver

    sammysilver Well-Known Member Silver Stacker

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    God stacks gold?
     
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  6. bubblebobble2

    bubblebobble2 Well-Known Member Silver Stacker

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    ^^^
    no…@boyscout is BAC?k!
     
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  7. bubblebobble2

    bubblebobble2 Well-Known Member Silver Stacker

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    I think tonight IS IT! Spots are ‘itching’ to jump on new record lvl…especially GOLD..I hope Ag is not far behind….

    go YOU BEAUTY!
     
  8. hardyakkagold

    hardyakkagold Well-Known Member Silver Stacker

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    Silver is a tiny $30 Billion market, so it is easy for the powers that be to control the prices with their paper derivates market.

    Gold is for steady as she goes wealth preservation and financial insurance for the future.

    Silver is for speculating when the CrimeEx casino blows up and silver does a moonshot into the triple figures.

    Allot your precious metal portions accordingly.
     
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  9. jultorsk

    jultorsk Well-Known Member Silver Stacker

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    Gold should have a jog up after the escalation in Iran over the weekend?
     
  10. Shaddam IV

    Shaddam IV Well-Known Member Silver Stacker

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    You would think so but nothing with gold seems to make sense these days.
     
  11. hardyakkagold

    hardyakkagold Well-Known Member Silver Stacker

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    Like I said before we may have to wait till after the next FED interest rate decision on 2nd Feb for any chance of a sizeable move in the gold price.
    The limited drone attacks on Iran won't move things along since even the NATO war with Russia has not awakened the sleeping masses.
    I must say that being a seasoned stacker, I am not too disappointed with where the current gold price is at.
    Gold is not and never has been a get-rich-quick scheme, for that try the cryptos or some other Ponzi schemes.
     
  12. bubblebobble2

    bubblebobble2 Well-Known Member Silver Stacker

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    goog luck with this one ..
     
  13. Davros10

    Davros10 Well-Known Member Silver Stacker

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    The correlation has never been there but the belief in the myth is super persistent
     
  14. hardyakkagold

    hardyakkagold Well-Known Member Silver Stacker

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    [​IMG]

    This is why we stack gold! who gives a fuck about any insignificant overnight price fluctuations.
     
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  15. JohnnyBravo300

    JohnnyBravo300 Well-Known Member

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    Well Lebanon is next, i was wondering who it would be haha.
    And still the masses fail to connect the dots.
     
  16. 66rounds

    66rounds Well-Known Member Silver Stacker

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    The street rate for the Lebanese lira is already some $50k Lebanese pounds per USD. The CB is just playing slow catch and adjusting the official peg from $1500 lira per USD to $15000 lira per USD. USD withdrawals and transactions are still banned so it is barely even window dressing the problem.
     
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  17. 66rounds

    66rounds Well-Known Member Silver Stacker

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    Screenshot_2023-02-01-20-58-42-10.jpg

    The dollar exchange rate has reached an all-time high of 60,000 LBP for one dollar.

    To put this into perspective, one dollar was worth at the beginning of the year...
    2019: 1,500 LBP
    2020: 2,000 LBP
    2021: 8,500 LBP
    2022: 30,000 LBP

    "The change to 15,000 was a step towards unifying multiple exchange rates, in line with a draft agreement Lebanon reached with the International Monetary Fund last year that set out conditions to unlock a $3 billion bailout"

    Dancing with the devil (IMF) leads to permanent impoverishment.
     
  18. Shaddam IV

    Shaddam IV Well-Known Member Silver Stacker

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    Both silver and gold plunged just before market close in all currencies.... What could have caused that? (It would be great for the Aussies here if there was an AUD/USD chart on the charts page but I can't see that happening. :(
     
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  19. Oddjob

    Oddjob Well-Known Member Silver Stacker

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    I bought a few bibs and bobs (Ag and Au) the other day...always drops after I buy something. :D
     
  20. dragafem

    dragafem Well-Known Member Silver Stacker

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    Now we all know why is the drop.Thank you for that :D:D
     
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