the overnight activity in gold is crazy. huge spike up to nearly $4,180 and then struck down to $4,095, all while I was on my nightly bike ride. I guess we should start getting used to 'crazy'. grab your popcorn.
glad I don't actually eat popcorn anymore. one less thing I don't spend $ on. I do miss the taste of good hot salty buttery popcorn, though... *sigh*...
i am curious about what gold (and silver) did at 1am. shortly after 1am both metals fell in tandem, gold plunged apx. $80 and silver fell more than $2, though both metals have since regained some of that lost ground, but it's taken most of the day to do that. they don't always rise and fall in tandem like that, but sometimes they do... but I've noticed these drops seem to happen at particular times, like they did today at 1am, or just after. was that paper contracts being dumped onto the market to tamp the prices down? at that time, gold had spiked upward toward $4,180 and silver nearly touched $53.50. it seemed like a smackdown. maybe, maybe not. the metals typically do not spike upward like that when they gain, so why do they spike downward so sharply and in such a relatively short amount of time? my only guess is a timed/coordinated effort to keep them from rising too far too fast. this caught my eye, it's likely been mentioned before in other threads:
Quote: bullion banks stand to lose approximately $272 million for every $1 increase in the price of silver, which is a setup for a major price surge
so the rise in gold must have similar detrimental effect for those playing with paper. the dollar-to-gold/silver & paper-to-gold/silver ratios are ridiculous.
Quote: glad I don't actually eat popcorn anymore. one less thing I don't spend $ on. I do miss the taste of good hot salty buttery popcorn, though... *sigh*...
I do not eat it like I used to, mostly because I do not go out to movies as much as I used to.
i haven't been to a movie theater since 2012 and I honestly cannot recall the last popcorn I had. it's been more than a year, i'll bet.
continued upward momentum for gold. $4K is now support instead of resistance. more gains short-term, healthy pullback toward the floor possible or even expected, perhaps $5K coming much sooner than anticipated. my Two Cents. more like one and a half...
"There's been so many things that's held us down But now it looks like things are finally comin' around I know we've got a long, long way to go And where we'll end up I don't know.
Ain't no stoppin' us now We're on the move Ain't no stoppin' us now We've got the groove"
Inordinately fascinated by bits of metal with strange markings and figures
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Posted 10/14/2025 12:16 pm
can't have it. 
