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Overnight Trading.

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Pillar of the Community
harrison2's Avatar
Mexico
1304 Posts
 Posted 10/15/2012  09:09 am  Show Profile   Bookmark this reply Add harrison2 to your friends list Get a Link to this Reply
Rough looking start to the week fellas. When I saw it DOWN on Friday, I was totally spooked. I'm so used to a nice jump on Fridays...now this, yikes!
Valued Member
rgathright's Avatar
United States
264 Posts
 Posted 10/15/2012  7:32 pm  Show Profile   Bookmark this reply Add rgathright to your friends list Get a Link to this Reply
Silver just took another dip to the downside!

Two days in a row would be nice for this sidelined buyer!
http://www.kitco.com/charts/livesilver.html
Pillar of the Community
Ed_B's Avatar
United States
4008 Posts
 Posted 10/16/2012  6:12 pm  Show Profile   Bookmark this reply Add Ed_B to your friends list Get a Link to this Reply

Quote:
Look's like there is a new canary in the coal mine, move over Barry, lol....

Forget it, man. Nobody EVER took a Hawk down into a coal mine.
Pillar of the Community
trout1105's Avatar
Australia
7096 Posts
 Posted 10/16/2012  6:41 pm  Show Profile   Bookmark this reply Add trout1105 to your friends list Get a Link to this Reply
The long term future of silver is far more important than the overnight or weekly fluctuations.
These fluctuations IMHO are due to manipulators/traders taking a short term profit and has little to do with the true value of this metal.
As long as silver can keep up with inflation then it is a good place to store/protect your wealth.
I have shares and Superannuation for when I retire but at the moment I have far more faith in the physical silver I hold as being my safest investment.
Bankers and stockbrokers I don't trust
Silver is incapable of lying to me
Pillar of the Community
Silverhawk74's Avatar
United States
3670 Posts
 Posted 10/16/2012  8:51 pm  Show Profile   Bookmark this reply Add Silverhawk74 to your friends list Get a Link to this Reply
"Bankers and stockbrokers I don't trust. Silver is incapable of lying to me"

Amen....

One thing about my job I meet some smart pm brokers or old stacker's two or three times a week walking by in the mall....

Met two today of both examples, via one fellow in late 30's or so who had father into pmz and was in right place at right time in early 2000. And another older gent who stacked for years leading up to 2000 from 1969 and said he had more pmz then he had room for and now went paper....

He had figured out the crook brokers and how they enter buys, then cancel them out, as to say 90% of the bids were false two Fridays back taken on the day, and he new the game inside and out, via what the brokers did first....

His earnings from stock was his spending money, mortgage etc, never has to ever touch the physical pmz....

He was hard to understand as he had a stroke recently, but man I wish I had more time to talk to him, via learn and pick his brain....
Edited by Silverhawk74
10/16/2012 8:53 pm
Pillar of the Community
trout1105's Avatar
Australia
7096 Posts
 Posted 10/16/2012  9:45 pm  Show Profile   Bookmark this reply Add trout1105 to your friends list Get a Link to this Reply

Quote:
He was hard to understand as he had a stroke recently, but man I wish I had more time to talk to him, via learn and pick his brain....


These sort of people are rarer than MS70 CC Morgans
Pillar of the Community
Silverhawk74's Avatar
United States
3670 Posts
 Posted 10/16/2012  10:17 pm  Show Profile   Bookmark this reply Add Silverhawk74 to your friends list Get a Link to this Reply
Great point Trout and in another ten or twenty years most all of them will be gone, so if you know someone with info like this willing to share, take notes....
Pillar of the Community
Ed_B's Avatar
United States
4008 Posts
 Posted 10/18/2012  9:15 pm  Show Profile   Bookmark this reply Add Ed_B to your friends list Get a Link to this Reply

Quote:
so if you know someone with info like this willing to share, take notes....


Well...

Ask away, kids. I may be slipping away shortly.
Pillar of the Community
Canada
1723 Posts
 Posted 10/19/2012  12:43 am  Show Profile   Bookmark this reply Add samsnate to your friends list Get a Link to this Reply
LOL ED.....GEEZE!

"Ok everyone, please bow. we are amung greatness! [:0]
Pillar of the Community
Ed_B's Avatar
United States
4008 Posts
 Posted 10/20/2012  4:40 pm  Show Profile   Bookmark this reply Add Ed_B to your friends list Get a Link to this Reply
Lol, Sam! Maybe not greatness but sure as heck experience! And you KNOW what experience is... it is making mistakes and surviving to tell about it.
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