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

6am @_@
I guess it's definitely bed time.

I was hoping for Platinum to go lower, but Gold running up is good too lol :P
 
from Zerohedge
"It's Getting Plain Silly: MF Global Hikes Silver Margin To 175% Of CME, Or Over 10% Of Contract

Submitted by Tyler Durden on 04/29/2011 16:55 -0400

Now it's just getting plain silly. Following two margin hikes by the CME, one for 9% and one for 10% this week, now MF Global, run by former Goldman CEO Jon Corzine has joined the fray, and has hiked its silver margin to $25,397. As a reminder, the latest CME margin is $14,513, or about 6% of the contract value of $241,750 assuming a silver price of $48.35. So MF Global's is 175% of the CME! It is obvious that everyone is now hell bent on destroying the parabolic move higher in gold and silver, which is happening for a very good reason: deranged money printing. Although, as yesterday, we very much doubt MF Global, or anyone else for that matter will hike ES margins any time soon. After all, doing anything to stop the Weimar rallyTM in its tracks is treason of the highest degree under Bernanke's dictatorship and is punishable appropriately. In the meantime, can the exchange just make margin trading in commodities illegal and move to all cash? At least that way all the weak momo hands can be relegated to chasing Netflix and other bubbles, making their eventual pop all the more memorable."
 
I run all over this ship lurking in the shadows with eyes firmly planted on the ground and ears scanning the deck for valuable information.

I need to hear some comforting words from my captain that the tides are still in our favour and the winds are at our stern.

I now notice the life boats are still aboard that has to be the first good sign for the night.
 
hotel 46 said:
dont worry dusty. we are firmly anchored till monday. most of the silverholics have hopped on the longboat to shore to check the markets and coin shops. they will be back. the enemy is checking their safety gear, and stocking up on loo paper and tissues. blythe has two formula 1 teams checking her broomstick but she wont let them plug a computer into it. we as good as gold for the weekend. :)


Don't worry hotel 46, maggie will keep the rum locked in the galley, Rusty lurks nearby
 
yarrr, has anyone seen my gold tooth? :)

Wow btw, a $30 day in gold is just incredible, that may be signalling a dip for silver on Monday...
 
Yes I found a parrot with a gold band on one leg and a silver one on the other.

Having an early night.

Goodnight Nightstackers

Regards Errol43
 
errol43 said:
Yes I found a parrot with a gold band on one leg and a silver one on the other.

Having an early night.

Goodnight Nightstackers

Regards Errol43
The parrot knows to hedge his bet
night Errol43
 
It seems bizzare that you can order 1oz perth mint coins from the US cheaper than on the perth mint website over here...

Gotta have em sent all the way over there, then have a premium added, then sent back and it costs less than getting them straight from the perth mint!
 
grinners said:
It seems bizzare that you can order 1oz perth mint coins from the US cheaper than on the perth mint website over here...

Gotta have em sent all the way over there, then have a premium added, then sent back and it costs less than getting them straight from the perth mint!


It's because PM knows they can get away with charging a much higher premium to Au clients... after all Ozzies are used to bending over and being shafted ... just look at our taxes, rego fees, car prices, grocery prices, and wait for it.... our real estate prices

lol - nothing is cheap here or even the same price as the US or UK - everything is much much more expensive!

Did you expect silver/gold coins to be any different?? :lol:
 
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