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

I coulda' sworn I rested my eyes apon spotting land from up in the crows nest?:confused:

Allbeit mouring the same sweet sweet rum which fill me nostrels from the cannon fire below.

But finding myself on the deck, hungover a rope with 2 pennys in me pocket an an officer charging me for the privelege... and worse, sober...:eek:

Was it for the lack of the dry powder?
Nay..
A lack of cannon ballz for the battle?
"What is out of stock cannot be marked up any further?"
Nay..
:(
Considering other options:
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And we 'avent heard any newz of margin requirement increases to manipulate a squeeze yet!

If ya going long (The only placez'it'll be left for sale... futures 'n options.. just keep ya LVR about ya...
If you cant pay for it, you cant hold it.
When they force liquidation by bumping pricez 'round and upping margin requirements...

Tho..
Can anyone 'xplain why the Dec contract has a first trade date way back 2021?
if that's the case, wont a LOT'ta contracts will be "In Tha Moneeeeey" come end of Dec.
Wonder'n how many will actually take delivery, ey? o_O
 
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Hope everyone is looking forward to the precious metals reopening on Monday, and the recommencement of the upward thrust after Fridays
slight technical hiccup difficulties.

Slightly off subject, happy No Kings Day For Our USA members!

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Coin shop is closed today and im heading home from working out of town.
Its probably a good thing because last week's paycheck is in my wallet and id find something I need.
 
Markets open! This is going to be interesting indeed in terms of price action as the week unfolds, especially today.
 
Yep its an easy one. I dont know why people overthink things so much.
Remember, the frozen corpses on Everest were once highly motivated people too, just not so smart.
 
So we have a few per cent pullback in the price of silver & gold, and this thread becomes as quiet as a lady's fart.

Cheer up, people, look at this as a consolidation phase and a breather before the next leg up, not as a we're doomed phase.

Gold is still up 62% for the year, and Silver is up 54% for the year.

If that doesn't put a smile on your dial, then slap yourself on the face to check if you are still aliveo_O:eek::p:D
 
The silver paper spot price may have dropped but try buying a kilo of silver at that price today and you will soon see that you can't.
 
Price Crash, What Price Crash?

A well-known coin dealer has just listed well-worn bullion-grade gold sovereigns for $1785 & and halves for $895 !!!

The spot on SOVs is now under $1500, and HALVs under $750, so about 20% markup over spot.

I remember when Andrew and other dealers were selling bullion SOVs for 5% over spot, and it wasn't all that long ago.
 
Good find there, Jultorsk.

At $200 over spot, these slabbed SOVs are a good buy at Drake.

It sure beats paying $100 more for bullion-grade SOVs elsewhere.

I think most of them will be gone soon.
 
I sold a little a ftnight back at $77.5...
Was considering exit strategy since it was taking a long time to get premiums on here, and I cant get premiums from dealers unless I'm buying..

To be honest.
It would be a potential sell time if not wanting to ride out a sideways like Jester keeps pointing out.
But ultimately, rather than buying, I'm NOT SELLING.

Was looking to sell some and try a leveraged long to the upside!
Ran a test, Blew the account.:eek:
As happens every time i leave an open trade overnight.

I think I did an oddjob.
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Right at the top too!
Sorry fellas...

!!! Time to short a fake million !!!
To the test account ! >>>
 
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Silver $48.50
Gold almost $4100 fkn amazing.

From what ive seen around here premiums have only gone up to cover the spread because no one is selling silver for 48 bucks.

The same generic rounds that used to be .39 cents or .69 cents over spot are now 5 bucks over.
 
Watching the current price action in silver & gold is about as exciting as watching paint dry or grass grow.

Funny memes don't go astray at times like this.



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