AUD $42

[Stedlar]

Just putting in a marker

Currently $42.03 in AUD.

 

[Earthjade]

I would expect some drops over the day due to profit taking.

 

[errol43]

The price is moving up and down..Where it stops, nobody knows..

Regards Errol 43

 

[thatguy]

you could cut a tree down with the spot graph the way it is at the moment

 

[gbickle]

deja vu .... The graphs were showing the exact same weirdness in the asian markets when it was in the forties last time (dodgy data?)

 

[fishball]

deja vu .... The graphs were showing the exact same weirdness in the asian markets when it was in the forties last time (dodgy data?)

Thin trading volume leading to high volatility that's all

 

[gbickle]

Source: Source:

deja vu .... The graphs were showing the exact same weirdness in the asian markets when it was in the forties last time (dodgy data?)

Thin trading volume leading to high volatility that's all

nah this is different... its seems to be just from goldprice (the one on silverstackers) .. (other charts look normal eg kitco etc) ...
you see the price go from new york close to the correct price then new york close to correct price and so on ....

Gold chart is doing the exact same

 

[damien192x]

Just went through 40 like a knife through hot butter
Sorry I have no idea where this came from or who we are mocking but I wanted to use that line

 

[ebenezer]

Do you think it will rise even more?

 

[Diablo21]

Do you think it will rise even more?

Yes

 

[jnkmbx]

Just went through 40 like a knife through hot butter

What I like about it is that the correct version works well too.

*remembers Laser Weapons General using the quote as he fires particle cannons to destroy stationary defenses*

 

[paintballtao]

i am thinking of adding 20 ounces more to the stack, is this the time or i can wait for a pullback?

 

[Silverrider]

i am thinking of adding 20 ounces more to the stack, is this the time or i can wait for a pullback?

I bought today...been buying ever since 2007 so pullback or no pullback...it will reap rewards for you sooner or latter

 

[Ag]

i am thinking of adding 20 ounces more to the stack, is this the time or i can wait for a pullback?

$44 was the resistance level - it touched it and backed right away - so to tell if this level will hold or not ,wait a week or so as confirmation. On the reverse (correction) the same will happen - meaning bounces off $44...

So is this a good time to buy? I'll answer you with a question - are you day trading or cheery picking?

It has run pretty violently up without much base so a pullback is pretty likely...but the pull pack could be $48 to $44

suggestion? forget the day trade - many try and most get slaughtered (namely when playing the silver index). If you can afford and accept the long term risks (don't know any ) then simply buy when you can...in 6-12 months you'll be amazed you even questioned this price. I look back on a few of my 'questions' and now slap my head and say 'DOH!'

...and welcome aboard...