Silver and Gold Price Reversal Overnight

Discussion in 'Silver' started by AgH20, Nov 2, 2012.

  1. AgH20

    AgH20 New Member

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    On the back of US employment data released overnight, it looks like this was the last chance for the shorties to dump their paper holdings before the US Presidential elections on 7Nov.

    Swift and brutal on the way down...what about post election? Will the pattern be similar or will it be a slow climb back up?
     
    AgH20, Nov 2, 2012
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  2. STC

    STC Well-Known Member Silver Stacker

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    I think that when the balloons & streamers are being swept up, reality will kick in & gold will be uphill from there. Thoughts?
     
    STC, Nov 3, 2012
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  3. leo25

    leo25 Well-Known Member Silver Stacker

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    its interesting to see some dealers are paying spot price for silver atm. So there must be a lot of buying happening at these prices.

    I think once the election passes metals will move back up fast.
     
    leo25, Nov 3, 2012
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