unfunkable
Active Member
I'm still around... Don't see any icebergs from my vantage point on the lookout...i think it will be pretty calm.
I see some spilt rum on deck though
I see some spilt rum on deck though
Midnight to 6am - Overnight Spot Watchers Spot...
- Thread starter Turk
- Start date
unfunkable
Active Member
I think we hit some kind of yellow looking iceberg just then.
Ernster said:Im gonna be up all night for the silver party. The soup is on the stove, beers have already been had, now to just watch a graph with red lines go up hopefully. Who is with me?
I am with you Ernster, soup you say mm
$48.96 I will bring the vodka, that I will
Howdy,
I've been lurking for the last 6 months, so I thought it was time to pop in and say GiDay.
GiDay.
I enjoy picking up bits of metal from the Perth Mint via their accounts and have been collecting Canadian equities for the past 5 years or so via the TSX (ie AXR, GPR, MAI, IPT, ASM etc). I also have interests in CCU and SVL via the ASX.
Have enjoyed the banter on these forums and it was nice to find a home grown site to learn from others regarding PM investing.
Greetings anyways from Perth.
I've been lurking for the last 6 months, so I thought it was time to pop in and say GiDay.
GiDay.
I enjoy picking up bits of metal from the Perth Mint via their accounts and have been collecting Canadian equities for the past 5 years or so via the TSX (ie AXR, GPR, MAI, IPT, ASM etc). I also have interests in CCU and SVL via the ASX.
Have enjoyed the banter on these forums and it was nice to find a home grown site to learn from others regarding PM investing.
Greetings anyways from Perth.
G
Guest
Guest
Welcome to the asylum Biggrin .
Just one more big spike and $50 will be history me thinks .
Just one more big spike and $50 will be history me thinks .
Hi Ho my Hearties. I've been watching the royal wedding trying to get and idea where they hide all the gold and silver. Whats been going on, I thought you have the 50 up by tea, old chaps. They tell me Captain Kookaburra has been laughing all the way to the bank. He must have sold some silver.
Has our regular Captain Turk being around to hand out the bundy & coke?. We can't afford to have anyone seasick for the last 2hrs of a wild NY market.
I can feel it in my water well see 50 tonight or my name is not Errol Flynn.
Regards Errol43
Has our regular Captain Turk being around to hand out the bundy & coke?. We can't afford to have anyone seasick for the last 2hrs of a wild NY market.
I can feel it in my water well see 50 tonight or my name is not Errol Flynn.
Regards Errol43
)
To be gold, or silver to be: that is the question:
Whether 'tis nobler in the mind to suffer
The slings and arrows of outrageous fortune,
Or to take arms against a sea of troubles,
And by opposing end them? To die: to sleep;
No more; and by a sleep to say we end
Whether 'tis nobler in the mind to suffer
The slings and arrows of outrageous fortune,
Or to take arms against a sea of troubles,
And by opposing end them? To die: to sleep;
No more; and by a sleep to say we end
Kitco News) - Margins needed to trade Comex silver futures are being increased by the CME Group and will take effect after the close of business on Friday, the exchange said late Thursday in a press release.
This is the second time this week the CME Group said it would to raise the margin needed to trade
This is the second time this week the CME Group said it would to raise the margin needed to trade
http://www.bloomberg.com/news/2011-...nal-bullion-extending-record-price-rally.html
Central banks that were net sellers of gold a decade ago are buying the precious metal to reduce their reliance on the dollar as a reserve currency, signaling demand that may extend a record rally in prices.
As developing countries accelerate purchases, gold may reach $2,000 an ounce this year, compared with a record of $1,538.80 yesterday in New York, said Robert McEwen, the chief executive officer of producer U.S. Gold Corp. Euro Pacific Capital's Michael Pento, who correctly predicted gold's highs for the past two years, forecast a 2011 high of $1,600.
Prices reached a record 14 times this month on demand from investors seeking an alternative to the dollar after the currency slumped to the lowest since 2009, U.S. debt widened, and the Federal Reserve signaled April 27 that borrowing costs will remain near zero percent for an extended period. The economy in China, the biggest foreign holder of U.S. Treasuries, grew 9.7 percent in the first quarter.
"China is out to have more gold than America, and Russia is aspiring to the same," McEwen said yesterday in an interview in New York. "When you have debt, you don't have a lot of flexibility. China wants to show its currency has more backing than the U.S."
In 2010, central banks became net buyers for the first time in two decades, adding 87 metric tons in official-sector purchases by countries including Bolivia, Sri Lanka and Mauritius, according to World Gold Council data. China, with more than $3 trillion in foreign-currency reserves, plans to set up new funds to invest in precious metals, Century Weekly reported this week. Russia purchased 8 tons of gold in the first quarter.
China's Gold Reserves
China, which has just 1.6 percent of its reserves in gold, may invest more than $1 trillion in bullion, Pento said. "China wants to be an international player, and they need to own more gold than they currently have."
Central banks that were net sellers of gold a decade ago are buying the precious metal to reduce their reliance on the dollar as a reserve currency, signaling demand that may extend a record rally in prices.
As developing countries accelerate purchases, gold may reach $2,000 an ounce this year, compared with a record of $1,538.80 yesterday in New York, said Robert McEwen, the chief executive officer of producer U.S. Gold Corp. Euro Pacific Capital's Michael Pento, who correctly predicted gold's highs for the past two years, forecast a 2011 high of $1,600.
Prices reached a record 14 times this month on demand from investors seeking an alternative to the dollar after the currency slumped to the lowest since 2009, U.S. debt widened, and the Federal Reserve signaled April 27 that borrowing costs will remain near zero percent for an extended period. The economy in China, the biggest foreign holder of U.S. Treasuries, grew 9.7 percent in the first quarter.
"China is out to have more gold than America, and Russia is aspiring to the same," McEwen said yesterday in an interview in New York. "When you have debt, you don't have a lot of flexibility. China wants to show its currency has more backing than the U.S."
In 2010, central banks became net buyers for the first time in two decades, adding 87 metric tons in official-sector purchases by countries including Bolivia, Sri Lanka and Mauritius, according to World Gold Council data. China, with more than $3 trillion in foreign-currency reserves, plans to set up new funds to invest in precious metals, Century Weekly reported this week. Russia purchased 8 tons of gold in the first quarter.
China's Gold Reserves
China, which has just 1.6 percent of its reserves in gold, may invest more than $1 trillion in bullion, Pento said. "China wants to be an international player, and they need to own more gold than they currently have."