Midnight to 6am - Overnight Spot Watchers Spot...
- Thread starter Turk
- Start date
Turk
Active Member
Does anybody have plans for $40 "Silver Party"?
We should each put aside a few ounces and organize a party in the capital city of each State for each new price 'decade'.
This one would be a $40 per head.
The next one could be $50 per head and so on.
(Can't wait for the $150 per head night! Probably make headlines!)
We should each put aside a few ounces and organize a party in the capital city of each State for each new price 'decade'.
This one would be a $40 per head.
The next one could be $50 per head and so on.
(Can't wait for the $150 per head night! Probably make headlines!)
bellinvest
New Member
Turk said:
Haha rippa
Looks like my Monday $40/oz was off. Trickled over. Very strong market indeed.
G
Guest
Guest
So what are the Prog's on where we end up at the end of trade tonight Guru's ? Those in the know have called it pretty well so far, What do the bones tell for the weekend wait? Up tonight and down on Monday or vise versa, ? Sideways ?? or On and Upwards ???
bellinvest
New Member
It is an interesting weekend/week ahead
- The US government are scrambling to try and pass the budget by tomorrow
- Portugal bailed out
- Japan hiding information
- My inflation charts indicating inflation in the commodities fuel, foods ect are a mix this month. Ups and down but the quarterly index showing things are have increased on an average of 9.9% for the Quarter ending in March.
- Auction clearance rates down this week in all major capital cities
Very bullish news all round.
As for picking the price, well its only going up. But with JP and co. on the scene its hard to pick an up or a down in the coming days.
If it was a FREE market then i would call $41 by the end of next week.
- The US government are scrambling to try and pass the budget by tomorrow
- Portugal bailed out
- Japan hiding information
- My inflation charts indicating inflation in the commodities fuel, foods ect are a mix this month. Ups and down but the quarterly index showing things are have increased on an average of 9.9% for the Quarter ending in March.
- Auction clearance rates down this week in all major capital cities
Very bullish news all round.
As for picking the price, well its only going up. But with JP and co. on the scene its hard to pick an up or a down in the coming days.
If it was a FREE market then i would call $41 by the end of next week.
Turk
Active Member
southerncross said:
I'm still expecting a pullback later tonight and, frankly, I'm surprised it hasn't struck yet. Something seems 'fishy' to me right now. The tape is not behaving at all how I would expect it to.
Of course NOTHING happens without a reason in the silver market!
If we DO see any significant gain tonight (without an intervening take down) I will be even MORE surprised!
(Pleased too of course, but surprised nonetheless!)
That event would suggest to me that something fundamental is changing in the silver market at the current price level.
So I look forward to hearing the views of others tonight, as we watch events unfold with interest on this most interesting Friday night.
SPOT: USD $40.25 (and still rising)
G
Guest
Guest
Turk said:
LOL , So everyone is wondering ? I personally was expecting a pullback at an earlier level , much like everyone else.
Turk
Active Member
Allowing the price to rise will reduce the number of physical buyers. I expected a rise like this at SOME stage between now and June but I didn't expect is so soon after the March delivery month. The move has been too smooth and mostly conducted out-of-hours away from the Comex hours. They know that their pull downs generate a lot of physical buying so this might be their solution. This would be a partial capitulation to the physical market. Roll on Friday!