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Replies: 2,753 / Views: 87,869 |
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Pillar of the Community
United States
1113 Posts |
Quote: Maybe they found their winning formula. They sure have. House rules: the House always wins Today was an options expiration day. The Market managed to find the level right smack in between all the big bets. Thus paying out the least amount of contracts for today. My small bet 0dte that I bought this morning expired worthless.  That's fine, Monday the shenanigans continue. And we spin the wheel again. 
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Moderator
 United States
189142 Posts |
Quote: That's fine, Monday the shenanigans continue. And we spin the wheel again. 
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Pillar of the Community
United States
1113 Posts |
Prices for Silver and Gold, as well as for the broader market, are all starting the week again dominated by the news, or manipulated by the headlines is probably a better way to describe it. The same rumors of rumors that he said she said stuff that's been occuring for the past month. Now the "rumors" are coming from 3rd and 4th parties because the 1st party is no longer credible, and the 2nd party denies everything. But I digress. The point is that each time the Wall St. News Bots finds and report one of these perfectly timed leaked news headlines, Silver and Gold, as well as the broader markets, all react positively. And Oil drops. One such headline came out around 4 AM today and we saw a bump up in Silver and Gold. Silver and Gold had both opened lower Sunday night before that news report. Worth mentioning also that the odd recovery we saw in Silver and across the Market's last Thursday were also spurred by rumors. Coincidentally these news leaks all occur during market hours, but nothing to see there. Once again this is what to expect will be moving Silver and Gold this week. 
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Pillar of the Community
United States
1113 Posts |
The European market is closed today so it's relatively quiet, that and also everyone's sitting on their hands waiting for White House news conference this afternoon. Silver and Gold price action could get way more interesting in next 24-48 hours. 
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Moderator
 United States
189142 Posts |
So far, no post-holiday Monday surprise. We shall see what the afternoon foxtrot brings us. 
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Pillar of the Community
United States
771 Posts |
I'm waiting for silver to hit $150 to unload a bunch of commemorative dollars, which I think might happen toward the en of the year.
It's the only way I'll make any money on them since most dealers only offer you half their melt value.
It's kind of funny when a shop has a couple in their case for about $90 each and then they offer you $27 for the exact same coin
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Moderator
 United States
189142 Posts |
Pretty boring today. Get ready for some big moves tomorrow. 
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Pillar of the Community
United States
1113 Posts |
It's Taco Tuesday fellow Silver fans. Today marks 3 full calendar week's for silver being trapped and unable to escape this price zone level. March 18th silver dropped into this $70ish zone and it hasn't been able to break away from it's gravitational pull yet. Now wether you think Silver is going to $50, or that it's going to $150, one would think it would have started moving towards one or the other by now right?  The Market is continuing to watch for upcoming developments in this Oil and Dollar fiasco.
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Moderator
 United States
189142 Posts |
I bought a new chaise for this living room. I believe we will be here a while. 
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Moderator
 United States
189142 Posts |
The chaise is comfortable. Other than a couple of dips, not much moving today. 
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Pillar of the Community
United States
1113 Posts |
Quote: I bought a new chaise for this living room. I believe we will be here a while. I ordered a plush, deep pile carpet for mine because that concrete floor is too hard on my feet. Got a good deal on it too for Taco Tuesday. Can't wait to enjoy my chicken Taco's on it while I watch the Silver chart. 
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Pillar of the Community
 United States
6545 Posts |
I am curious—is silver also stable in other currencies like the Euro, GBP, yuan?
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Bedrock of the Community
 United States
10586 Posts |
Oil dropped to $96 - still $3.39 a gallon in OHIO -
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Moderator
 United States
189142 Posts |
Silver went on the move last night! ~$77 Good thing this living room has french doors that open up to a sun room. 
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Pillar of the Community
 United States
5861 Posts |
Mmmmm... TACOs!
Silver above $77 as I type this.
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Replies: 2,753 / Views: 87,869 |