GOLD AND SILVER CRASHING!! | |
gebahie User ID: 10118097 United States 02/15/2013 02:47 PM Report Abusive Post Report Copyright Violation | |
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UseLessRepEATER Those who know the least obey the best: G.F. User ID: 33409700 United States 02/15/2013 03:43 PM Report Abusive Post Report Copyright Violation | Everyone's talking about meteors carshing. Meanwhile, Au and Ag are carshing. Good buying opportunity if you ask me. Real Eyes, Realize, Real Lies..... Every normal man must be tempted, at times, to spit on his hands, hoist the black flag, and begin slitting throats. ~H. L. Mencken~ We can easily forgive a child who is afraid of the dark; the real tragedy of life is when men are afraid of the light. ~Plato~ When a well-packaged web of lies has been sold gradually to the masses over generations, the truth will seem utterly preposterous and its speaker a raving lunatic. ~Dresden James~ |
Chrit User ID: 27088294 United States 02/15/2013 03:45 PM Report Abusive Post Report Copyright Violation | Industrial use of precious metals are constantly rising, hold or buy, do not sell. Last Edited by Chrit on 02/15/2013 03:45 PM I'm only human, it's my biggest flaw. We must all realize a sink a chair and a pillow are all luxuries of home and a soldiers helmet takes the place of all three. |
Anonymous Coward User ID: 34442388 Germany 02/15/2013 03:53 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 33034699 United States 02/15/2013 03:53 PM Report Abusive Post Report Copyright Violation | There is no panic selling. The stock options expiry on the GLD and SLV are today (stock options expiry every third Friday of "every" month) Every 10K option call position was taken out of the money today (every one) As today someone "manipulating" (because there are no position limits because they paid off the judge to vote against them) comes in and sells a massive amount of "paper" contracts on the Comex within minutes (yeh thats they way to "maximize" a profit by cascading the price hu ? / sarcasm)effecting the GLD price "paper" It then triggers stop loss positions selling more contracts automatically. I think you will continue to see the hammer into the Comex expiry in a week and a half. It's not over ! |
EndTheFed User ID: 1656381 United States 02/15/2013 03:53 PM Report Abusive Post Report Copyright Violation | Exactly! There seems to be a panic for the exits... selling out of the paper and buying into physical? <== from paper to physical ==> Always... rather have it physically in my hand. It's good to buy on the dips, but anything below 50 an oz. is a steal/bargain. Silver is so undervalued. |
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2FishOn User ID: 23623364 United States 02/16/2013 12:09 AM Report Abusive Post Report Copyright Violation | Been hearing that manipulation is always the reason and it is NOT!!! It's all just bullshit, it's worse than that! However if this price Goes lower in the 20's I'm diving in. This is such perfect timing, I'm closing on a house next Friday and will have some play money for this ride. Lot of investors got in when .this was in the 40's and will stay until it gets up to that or better. So we're looking at a possible double on this one in the near term, could be more down the road and of course if it hits the fan it's gonna get real!!!! 2FishOn |
Anonymous Coward User ID: 8865685 South Korea 02/16/2013 12:11 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 29184782 United States 02/16/2013 12:42 AM Report Abusive Post Report Copyright Violation | I just read something about the gold market and didn't save the link. This has something to do with an announcement made by India. It had to do with production of gold in India up 46%. It might have been purchases. If you run across the story, you'll recognize it. This is impacting paper gold and oil on the barrel. Details I don't have. The Market Ticker guy said yesterday that 'it has started', whatever that means. |
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