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

O be tippen a quite nite on de SS tonite...We be in de dodrums ..A gud time to doun a fu toties of de kokonit juse.

40.10 Correction. we be in a dip 39.88...

RC ER43
 
dis pirate talka is gooda. Soon enough the spotwatchers will spot way higher prices.
moneyup.jpg

Source:
 
40.29 It's rollenrind a bit at de mo ment lika de rolla coster..I see de burg 40 den I dinee. AU $ closen fass frum de bour..Stan bye for cullison.

AK ER 43 i be orf to me bunk ZZZZZZZZZZZZZZZZ
 
It be da Fed makin a problim so's dey can provid da solution, benny orlredy got da helicopta an printin pressus fyrd up me tinks.
 
Evening crew! NY has just opened.

As people have noted, tonight we are seeing money literally pour out of metals, commodities and AUD and CAD currencies and move into treasuries. The AUD had broken strongly through parity tonight and stands at 98.3 right now. It might fall further tonight and tomorrow.

The US silver price has shed over two dollars tonight but the AUD$ decline has hedged that move somewhat. In fact if you look at the gold charts right now the AUD gold price is going up even while the USD gold spot is dropping!

What does it all mean? Time will tell. Let's let the world spin a few times and settle itself down before we sit back and take stock of where we are. A lot of money was riding on Ben's fireside chat, so there will be a lot of dust up in the air for a few days or so.

The silver price is still below the 50 day moving average so we may be becalmed here until next week at this stage - barring any 'unusual' developments.

This a VERY good time to buy silver.

We may lose a few more dollar over the next few days, but these remain excellent buying times. Remember how often we see low spots exactly like this before major up-moves - and wish we had bought 'last week' when nobody else was buying and the price was lower?

This is one of those times.

This is not a time to sell! Silver has been tracing out a nice accumulation pattern in recent weeks; picture a jet fighter sitting on the tarmac having its tanks filled. Not much seems to be happening on the surface, and the jet is more vulnerable to attacks than usual - but we need to be patient during this difficult period which is so VITAL to what will be coming next.

All these 'adjustments' are temporary. Watch them with interest and learn from them - and wait for the unseen hand of market reality to gently but firmly lift up the monetary metals to their rightful preeminence.

SPOT : USD $37.12
 
Actually when people see gold dropping its in USD. Gold priced in AUD has not really moved at all.

Gold 1,730.87 (USD)
Gold 1,772.80 (AUD)

Gold is only dropping in USD to compensate for the DXY increase(it's drop is only nominal and does not seem to be speculative) unlike other commodity's right now it looks like gold is the only one standing still. I hope what i'm saying makes sense.
 
Ah de Captain Turk..He sa sale klos to de wind dat blow frum down undar. Hold ye nerv to ya sea de silva ov der i''s an huld hur steda.

Sea post 2428..I happi to tell de cru dat AUD was gunna ram us in de stern...
Like de Carptun sa we ride de storm til de en.

Captun Euro on de ropes, sel sel to Captin Americanob but wate her kumes de Captin Turk of the SS with all his fine cru. Dis kould be de gran final so git redy de cru to plunda and pillege.

Seas hi or lo
when da win do blow
da cru be on de dek
to sell at spek
and even if it thunder
they neva drive us unda
da cru of de SS
who live to plunder
and who neva watch porn
but silva frum mid-night to dawn

RC ER 43
 
Interesting that right after Benny boy announces the twist everything starts producing skidmarks start appearing everywhere.
 
Tanks for da chart readin Cap'n - slurp O' GinLimeanaKokunut Cap'n?

Sorry bout the Gin - ave a servere rum shortage which I ope's to rectumfy err fix termerer!

ave sum powder which still be dry cap'n, don' trust meself to let off any shots when the rum bottle be empty - man carnt be thinkin roight at time like that!
 
I can sea dat liddle break in da graph.
mus be wher da craken 'as taken a bite out of da captains carts.

( in all seriousness though, I've noticed their have been a lot of chart glitches/oddities all over the shop over the last few months. )

But nows I be sippin me limenacoconut-wodkarum I ponders to meself:
'Da current draws de water out befor dee wave crashes.'
mabie dem breaks is the first liddle bubbles? :P

'n I finks we needs some music aswell.

[youtube]http://www.youtube.com/watch?v=3hSMqjrVKcM[/youtube]
 
Da black sheep he be de onlie won on duti at de momont ..Ye be a stayer me lard wurking width nay stars to sale hur by an de silva sea boncen up and down an arrond and arrond, de cru in de kabins drinken all de koknout juse, we shant see dem till de morn.

RC ER43
 
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