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

Yep they grabbed 3% profit.2% to go, and we're back to december, ready for a further slamdown.
31/12/2013 24772 $19.435
24/12/2013 19686 $19.495
06/08/2013 10300 $19.43
02/07/2013 7769 $19.44
Same spot price, but look how the Comex position increased since start juli, from 7769 to 24772 positions. 5000 ounces per position, so 17003 x 5000 = 85 Moz more silver reflected in the spot price on 31/12.
Silver that isn't allocated, isn't delivered, just an order for the future, 95% (?) of the times just cancelled. This replaced more 'real orders', being others that sold, and for the moment prevented the price from going down due to it.
So when these positions get dumped (as usual), the price will be mowed down to the equivalent of 85 Moz, which is about 8% of the total world annual supply. Unless the other market sides finally (after 2 years) start to buy again, the price will be mowed down another couple dollars. Hello $17?
 
Pirocco said:
Yep they grabbed 3% profit.2% to go, and we're back to december, ready for a further slamdown.
31/12/2013 24772 $19.435
24/12/2013 19686 $19.495
06/08/2013 10300 $19.43
02/07/2013 7769 $19.44
Same spot price, but look how the Comex position increased since start juli, from 7769 to 24772 positions. 5000 ounces per position, so 17003 x 5000 = 85 Moz more silver reflected in the spot price on 31/12.
Silver that isn't allocated, isn't delivered, just an order for the future, 95% (?) of the times just cancelled. This replaced more 'real orders', being others that sold, and for the moment prevented the price from going down due to it.
So when these positions get dumped (as usual), the price will be mowed down to the equivalent of 85 Moz, which is about 8% of the total world annual supply. Unless the other market sides finally (after 2 years) start to buy again, the price will be mowed down another couple dollars. Hello $17?
Click to expand...
17 would be a nice price. But at the same time the Aussie dollar seems to drop & cancel out any slamdown for us...Just sayin', thats my observation of late.
 
1915_launch-rocket-vertical-235x300.jpg
 
Greg Williams said:
17 would be a nice price. But at the same time the Aussie dollar seems to drop & cancel out any slamdown for us...Just sayin', thats my observation of late.
Click to expand...
Yep, that's also an element to take into account when determining a price to purchase at. For ex, mid 2012 my euro was at 1.23, now it's 1.35, that's +10% meaning that if I would buy now I should get 10% more silver for my euro's than mid 2012. But the silver price then was $27, and now $20, which is 26% down, so what happened on the silver market had an almost 3 times bigger impact than what happened on the dollar/euro market, so a focus on the former is priority.

Silver is all about supply since a part is consumed to economically unrecoverable waste.
Gold is all about demand since it's being recycled and re-stockpiled to eternity, ever increasing its stock.
:D
 
Silently we sail on....bekalmed betwean 20./21...

I just have a feelin that this week mite see a breakout. zzzzzzzzzzzzzz

AK ER 43
 
Unlike the past, they don't wait long to grab profit. A couple $ suffices. Because the ones they try to frontrun in and out, learnt expensive lessons, and those stick.
 
20.12...wind frum de S ..Australian current falling...Gold a risen..

2am dangur time..also mundaa mornin trade..Lookout fur profit takin man of war.

AK ER 43
 
AAAAARRRRGGGHHH Hi Maggie, Hi AK ER 43. Youz is still the eternal optimists . Even at these prices.. youz are troo stackers
Aint no wun spekin pirit no more????(Did Polly die or Summit.) Anyhoo.. Rad is buying again Woo Hoo great times for picking up silver. (Reminds me of old Paddy Hannan when he was walking aroun Kalgoorlie and just started picken up that ol gold right offa the ground)
See youz again soon
rgds Rad
 
Rad dood...we pirits havta to b kareful m8...me width me tattooes and aul..hadta sell mi harli u no, bourt sum of dis bit koin, rathur hav de bits of 8 pure silva.

18.89... o no.

AK ER 43
 
Up in the kross nes where the rum stands the test
sits maggie the hostess , she b won of the best
Nour the girl wants to parte like the pirits of old
dear kaptun Turk, a legend i'm told

We plunder and steal all the rum, silver and gold
And store it below in the many a holds
But times have bean tuff , and we lost mani a cru
we still stack the kooks and tigers there too

Nour Maggie has invited the old bouz of old
To kome out and party and be a bit bold
And SX frum the N is gud for a good song or two
About pirits and banksters and what scoundrels do

o I hope to hear frum you, that u r aul still alive
to come to the parti to drink and to jive.,
An show us sum ole parti tricks
the best shoo on SS FROM MIDNIGHT TO 6

ak er 43
 
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