Down 0.40 but I don't think we'll see $14.xx new years buying opportunities some people were looking out for. Although if people are a little desperate to sell to close out their positions over the holiday we might still see a nasty smack down which might lead to a healthy up 10% or 20% rise over January come Feb 1 which the market might like. $15 January 1 to $17 at the end of the month could happen and I can see a lot of more mainstream coverage of that if it eventuates which can only be good.
Midnight to 6am - Overnight Spot Watchers Spot...
- Thread starter Turk
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silverprepper999
New Member
I couldnt wait more.... I bought 1/2oz Kangaroo 2015 (at 1188 spot USD). It is still 2014 here (6 more hours for 2015 to come). Nice way to end the year.
Gatito Bandito
Active Member
Down a healthy amount?
A fitting way to be closing out 2014 & starting 2015..
Only to be expected.
A fitting way to be closing out 2014 & starting 2015..
Only to be expected.
Just went from $15.55 to $15.95 in a couple minutes.
.gold too $1170 to $1193 in a couple min.
does anyone else see these occasional spikes and immediately check the news to make sure something hasn't five wrong in the world?
I remember seeing a trader on a 9/11 documentary saying he saw the second place hit and his first thought was along the lines of "I bet gold just jumped 25% there's traders everywhere scrambling to get on it".
.gold too $1170 to $1193 in a couple min.
does anyone else see these occasional spikes and immediately check the news to make sure something hasn't five wrong in the world?
I remember seeing a trader on a 9/11 documentary saying he saw the second place hit and his first thought was along the lines of "I bet gold just jumped 25% there's traders everywhere scrambling to get on it".
Gold cracked 1200 (for the first time this year? ), even if it doesn't hold I'm sure this will make good fodder for the metals news sites. Nice to see silver creeping over the $20aud mark but that's got s little to do Ruth the exchange rate, but I'll take it.
When golds going up while oil goes down and the dollar moves up you have to be a little impressed. Something must be going right for it to shrug all that off without any great world instability that's causing a flight to gold.
When golds going up while oil goes down and the dollar moves up you have to be a little impressed. Something must be going right for it to shrug all that off without any great world instability that's causing a flight to gold.
Golden ChipMunk
Well-Known Member
20.33 ag, 1501.36 au (aud)
Golden ChipMunk
Well-Known Member
Looks like Rocket have been shoot up
To Da Moon 
Yes it will be interesting to see if Gold can remain above the support line of US$1180. Tis looking good for the moment.
Holding the psych line of 1200 will be just as important I think.
What to you TA types think of elliot wave analysis? Some people seem to think it's voodoo but then so is some of the more esoteric chart analysis. I've been reading some interesting analysis on gold and silver outlook you'd year but it's all predicated on elliot wave being reliable.
What to you TA types think of elliot wave analysis? Some people seem to think it's voodoo but then so is some of the more esoteric chart analysis. I've been reading some interesting analysis on gold and silver outlook you'd year but it's all predicated on elliot wave being reliable.
No idea, never been a TA man. All over my head. I saw a uyube vid a number of years ago about the 3 waves. Cannot remember much about it except that it was over a long period of time. Think 1st wave was Gold from $35 - 800 , 2nd was (after the correction) from $200 - 1900. After this correction possibly from $1200 to DA MOON. Might be just a pipe dream, but will see how we go.
rara200284
Member
I hope it goes way back down. I need to save more money so I can stack more silver. I only got 200 oz. I want at least 1,000 oz before it shoots up.
There seems to be a widespread theme amongst the silver journalists (glorified bloggers? ) that we will see a precious metals rise in the forest quater which will turn out to be a bull trap and the price dumps mid year before we see a real moonshot. Of course it could be nonsense and if any number of factors kicks the US economy in the nuts ask bets are off. Oil price, middle east woes, Russia/Ukraine or Chinese property bubble popping could all cause a moon shot but I think you'll have another chance, particularly as you are in the states and don't have to worry about your currency devaluing.
In the meantime just keep an eye out for bargains and hunt silver quarters and dimes in your change.
In the meantime just keep an eye out for bargains and hunt silver quarters and dimes in your change.
Golden ChipMunk
Well-Known Member
Golden ChipMunk said:Arrrrgh!!!
Make those Trespassers walks thy plank. .....
Too many Trespassers this morning. I did make them walked the Plank.... down ... :lol: :lol:
while silver down & gold is down.
Ag20.22 aud, Au1492.73 aud
Anyone watching? We just came within a cent of $17. Broke through $1235 on the yellow yellow, $17 and $1250 coming up.
Still hearing bull trap everywhere but when the turnaround comes I don't think anyone will want to believe it since they've been fooled so many times before so who knows?
Still hearing bull trap everywhere but when the turnaround comes I don't think anyone will want to believe it since they've been fooled so many times before so who knows?