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Replies: 3,233 / Views: 108,904 |
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Valued Member
Canada
129 Posts |
Worlds worst phrase is "this time its different ". Except maybe this time it is lol. Waiting for gold and silver to take off again . Go look at the verified investing YouTubes and any of the YouTubes on central bank buying.
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Moderator
 United States
194663 Posts |
Quote: Who is lying? If you have to ask... 
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Moderator
 United States
194663 Posts |
Silver peaking its head into the ~$67 zone. 
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Pillar of the Community
 United States
5989 Posts |
The overnight crew didn't do much and silver stayed in the ~$65 zone, but there was just a nice pre-market spike up into the ~$67 zone a little while ago, so we'll see if the day crew can take the ball and run with it.
Edited by barryg Yesterday 09:45 am
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Moderator
 United States
194663 Posts |
We have popped into the ~$68 zone!  
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Pillar of the Community
 United States
5989 Posts |
Quote: We have popped into the ~$68 zone! You jinxed it, jbuck! Right after you posted that it dropped back into the ~$66 zone. 
Edited by barryg Yesterday 11:22 am
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Moderator
 United States
194663 Posts |
Yes, a dip, but I still have it in the ~$67 zone. I use the futures chart because Harry told me to.  
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Pillar of the Community
 United States
5989 Posts |
Well, I stopped using the APMEX chart since it always seemed a bit overly optimistic, so now I'm using the one from Kitco, which seems to be more common.
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Moderator
 United States
194663 Posts |
I was using Kitco, but I got tired of not seeing what Harry was seeing when he posted, so I switched a while back. It is all relatively close at least, right? At least is is not like one says we are in the mid 50s while the other is in the mid 60s.  FWIW, when I fill the "melt value" cell in my inventory spreadsheet, I drop a dollar or two—down to a whole dollar amount, so $67.35 becomes $65. It is just for fun, mostly to see how my OGP US Mint products are doing. It is not like I am going to "put a price" on anything. 
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Pillar of the Community
United States
1291 Posts |
Uggh I'm training someone at work today so I'm missing all the action and can't even make any moolah trading  Some whipsaw action today. I'm looking at December futures prices and the high so far today was $68.98 at around 1pm and the lows were in the $66 area pre market open. We're seeing these swing moves because tomorrow and Friday are the Big day's with the PPI and CPI inflation numbers coming out, Friday's CPI number is the one to look out for. Pro tip for charts- try a live 'candle stick' chart with 1 min, 5 min or 15 minute intraday views, that refreshes every second (or as frequently as possible) and with prices close to COMEX.
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Moderator
 United States
194663 Posts |
Rocking in the ~$68 zone!  Quote: Pro tip for charts- try a live 'candle stick' chart with 1 min, 5 min or 15 minute intraday views I did when I first stopped watching Kitco's page. Then I realized I was not getting much work done because I do like a good chart. Now I just type "s" in Google search and the first thing it wants to auto-complete to is "silver price today" which is good enough for now. 
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Pillar of the Community
 United States
5989 Posts |
The night crew and my beloved N.E. Patriots both seemed to have dropped the ball last night. Back down to the ~$63 range right now. 
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Moderator
 United States
194663 Posts |
I was expecting it to go down, just not as much as it did. 
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Pillar of the Community
United States
1291 Posts |
Some highlights from this mornings action. The major indexes are seeing pressure as oil rallies to $100 The PPI numbers released today were mixed so that's not helping either. The rise in crude is exacerbating inflation concerns, driving global yields higher, and supporting the Dollar while weighing on equities and Gold. Precious metals are lower but spot Silver is seeing greater losses than it's counterparts. The expectation from some people is that tomorrows CPI is going to be ugly. 
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Moderator
 United States
194663 Posts |
Sideways chopping in and just below the ~$65 zone this morning. 
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Replies: 3,233 / Views: 108,904 |
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