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 Replies: 3,345 / Views: 116,438 |
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Moderator
 United States
195810 Posts |
Quote:
Silver's all the way down to $61 in overnight trading. Not the most auspicious start to the week.   |
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Pillar of the Community
United States
1336 Posts |
The Stock market is Red across all 4 indexes this Monday morning.
Although Silver has become somewhat resilient against the Dollar, it still remains tethered to the movements of the overall stock market. Down day's like today just pile on to pressure it already had on it from the Dollar.
It's why I said weeks ago that I'd like to see stocks and silver go their separate ways.
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Moderator
United States
195810 Posts |
Quote:
It's why I said weeks ago that I'd like to see stocks and silver go their separate ways.  Silver hanging in there. Had a brief trip into the ~$62 zone earlier.  |
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Moderator
United States
107175 Posts |
Quote:
Silver's all the way down to $61 in overnight trading. Not the most auspicious start to the week. low to mid 60's seems to be the new baseline for now. |
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Moderator
United States
195810 Posts |
Still in the ~$61 zone, so yeah, that seems to be holding. |
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Pillar of the Community
 United States
6011 Posts |
Just dropped down to the ~$60 zone as per Kitco.
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Moderator
United States
195810 Posts |
Quote:
Just dropped down to the ~$60 zone as per Kitco. $61.17 on Comex. |
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Pillar of the Community
United States
1336 Posts |
$61.06 as of this post, on the December futures contracts KITCO has until Thursday Oct. 1st to roll out of September or else barryg  |
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Moderator
United States
195810 Posts |
$61.04/* FORUM HICCUP */ $61.01!   |
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Pillar of the Community
United States
1336 Posts |
Trading stopped at exactly $61.00 on the penny at 5pm EST There is an evening maintenance break that happens at 5pm EST, lasts for an hour. There is a $61.04 Buy order, and a $61.00 Sell order waiting in the queue for when trading resumes at 6 pm EST Will it go back up by tomorrow morning? EDIT> correction it hit $61.00 on the penny right before trading ended, the last trade was actually $61.03 though Edited by Harry213
Yesterday 5:21 pm
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Moderator
United States
195810 Posts |
After a $60.63 dip, it looks like we are still in the ~$61 zone this morning. If you are looking at pennies, the trend line is up-ish. |
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Pillar of the Community
United States
1336 Posts |
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If you are looking at pennies, the trend line is up-ish. I'm afraid it's far worst than that... I'm looking at fractions of a penny.  3 digits after the decimal point. But I've been leaving those out lately. Yeah it's that bad.  The trades are coming in from around 15 different Exchanges maybe more. It's hard to count because the transactions are scrolling by at fractions of a second, because of course it's done by computers. A human couldn't possibly do that... So yeah, my screens are like something out of the Matrix   (Live streaming would be the only way to do it justice and properly explain it and what I'm saying on here half the time) Edited by Harry213
Today 37M ago
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Moderator
United States
195810 Posts |
Quote:
So yeah, my screens are like something out of the Matrix  |
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Pillar of the Community
United States
1336 Posts |
The price action in Silver is looking kind of heavy. I wouldn't be surprised if it dipped below $61 one more time and threw some "weak hands" over board before continuing. |
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Moderator
United States
195810 Posts |
Quote:
I wouldn't be surprised if it dipped below $61 one more time and threw some "weak hands" over board before continuing.  |
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Replies: 3,345 / Views: 116,438 |
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Posted Yesterday 10:38 am
