peculiar :lol: exactly the same price, items are exactly the same. the direction of price movements up and down and up again but not going down anymore
QE3 is something Traders know, means higher PM prices. More trading volume soon. $25.80 or whatever it was AUD could end up being a good buy.
Well, well. Schiff just lost all credibility with me. Without judgement on his views of price direction, he is nothing but a permabull, and changes his propoganda to meet his permabull opinions. Yesterday, in this thread had SS members were cheering on Schiff as he dug in the boot to a technical analyst because her technical view didn't match his fundamental view of gold: http://forums.silverstackers.com/topic-30126-schiff-takes-a-gold-outsider-to-school.html Today, Schiff's special video is about the technical breakout of silver leading to his recommendation to BUY NOW. What a tool.
The greater the volatility the better for me to be honest, not just because I've been stacking for such a long time, but also because I can choose to momentum trade the swings on CFD's - at low or high leverage depending on where I think the price is going and how fast the price is changing. Because I'm already stacked on phys doing the CFD's gives the metal a kind of additional way to earn income in the same way I've lent shares for margin trades to brokers. Anything to turn a buck x
I think that you will find that there will be no Monday trading in NY..Asian and London markets will be interesting on Monday but Tuesday night AUST Time will show if the market is going to hold..Will the profit takers take their $$$ and run.. Monday being a public holiday in NY.Don't ask me why// Feel free to correct me if I am wrong! Regards Errol 43