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

don't know.... my money is on a drop of more than 2% as the fear is in the unknown.....

another buying opportunity will be just around the corner.
 
Fear of the unknown usually drives people to gold unless it's something that discography
specifically targets gold like US interest rate hikes.
 
ECB leaked its QE program early. The markets are still digesting it but the intital reaction was disappointing as it was down on the 1 trillion Euros the markets were expecting but are starting to come around. I'll be happy if gold and silver can hold above $1250 / $17.50 and slowly grind higher
 
Nabullion Dynamite said:
Down .40 USD in the blink of an eye :o
Click to expand...

Half of it back post announcement. It's clearly not a disaster. Same story in gold, down $16, back $7, could definately have been worse.
 
phrenzy,here what I do know if this help with the time.Ect info

12:45 ECB Rate Decision: ECB will announce of any changes to its monetary policy for January- Februarys. This time, the ECB policy meeting is highly anticipated as markets expected Mario Draghi to reveal the size of the QE program or at least provide more details about its implementation; considering the last week's SNB's bombshell announcement the market's reaction to this week's ECB meeting could stir up the markets;
 
SilverPete,I would not be sure nor is it info that would matter to me,I will just keep buying Silver.

My guess after tomorrow afternoon and days forward after I would guess sideways for Fiat markets or PM will change not much of a answer as I really do not know or care about suits and trade babies moves.Silver is cheap right now against the last 2 silver highs of the last few decades.T
 
ECB announces milestone 1.14tn 'easy money' program

http://rt.com/business/225111-ecb-announces-qe-draghi/

"Under this expanded program, the combined monthly purchases of public and private securities will amount to 60 billion, intended to be carried out to 2016," Draghi said Thursday. The bank will buy 1.14tn ($1.3 trillion) in government debt, a decision that will inject extra money into supply, spurring a devaluation in the currency.
 
Should have enough (60billion a Month) to buy Greek Derivatives. :)

Sail on SS pirits....Betta daas ahed.

18.26

AKER 43
 
Not very sideways in Euros. Not at all.
[youtube]http://www.youtube.com/watch?v=tFnJqYYFABk[/youtube]


silver-price-performance-EUR.png

Source:http://goldprice.org/NewCharts/gold/images/silver-price-performance-EUR.png?0.20169669238344773

gold-price-performance-EUR.png

Source:http://goldprice.org/NewCharts/gold/images/gold-price-performance-EUR.png?0.8016457760313411

Patience...there is more as time goes by
[youtube]http://www.youtube.com/watch?v=wxMeu34o_jQ[/youtube]

Personally. I'm

[youtube]http://www.youtube.com/watch?v=y6Sxv-sUYtM[/youtube]
 
I can't tell if the market as a whole likes euro QE but gold and silver are gobbling it up.

A trillion euro to buy bonds...I wonder how much economic activity could be generated with a trillion euro education and infrastructure package? I know technically they don't lose the trillion because they own the bonds buy cone on, whats geek debt and negative rate German bonds really worth?
 
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