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GOLD AND SILVER CRASHING!!

 
ampedin
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User ID: 2543531
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02/15/2013 02:47 PM
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GOLD AND SILVER CRASHING!!
GONNA MAKE NEW LOWS

GET OUT!!
gebahie

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02/15/2013 02:47 PM

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Re: GOLD AND SILVER CRASHING!!
GONNA MAKE NEW LOWS

GET OUT!!
 Quoting: ampedin



TOM1243
ampedin  (OP)

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02/15/2013 02:53 PM
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Re: GOLD AND SILVER CRASHING!!
Why is there panic selling?
Anonymous Coward
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02/15/2013 02:53 PM
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Re: GOLD AND SILVER CRASHING!!
I think you mean, "CARSHING"
gebahie

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02/15/2013 02:58 PM

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Re: GOLD AND SILVER CRASHING!!
Why is there panic selling?
 Quoting: ampedin


There is no panic selling dude.. Its called manipulation...


Paper game..


monopoly money45
EndTheFed

User ID: 1656381
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02/15/2013 03:00 PM
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Re: GOLD AND SILVER CRASHING!!
Why is there panic selling?
 Quoting: ampedin


scheming Time to buy some bars...
leonine

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02/15/2013 03:04 PM
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Re: GOLD AND SILVER CRASHING!!
See G-20 meeting.
lizard king
GFX guy

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02/15/2013 03:06 PM
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Re: GOLD AND SILVER CRASHING!!
Why is there panic selling?
 Quoting: ampedin


scheming Time to buy some bars...
 Quoting: EndTheFed


Exactly!
There seems to be a panic for the exits...
selling out of the paper and buying into physical?

ahhh <== from paper to physical ==> dogpile
UseLessRepEATER
Those who know the least obey the best: G.F.

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02/15/2013 03:43 PM

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Re: GOLD AND SILVER CRASHING!!
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

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02/15/2013 03:45 PM
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Re: GOLD AND SILVER CRASHING!!
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
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02/15/2013 03:53 PM
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Re: GOLD AND SILVER CRASHING!!
If you're buying into Gold/Silver. You shouldn't be going in to make a fast buck. You should be buying into it for the long run. To have something of worth when paper currency finally crashes!
Anonymous Coward
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02/15/2013 03:53 PM
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Re: GOLD AND SILVER CRASHING!!
Why is there panic selling?
 Quoting: ampedin


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 ? /1rof1 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

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02/15/2013 03:53 PM
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Re: GOLD AND SILVER CRASHING!!
Why is there panic selling?
 Quoting: ampedin


scheming Time to buy some bars...
 Quoting: EndTheFed


Exactly!
There seems to be a panic for the exits...
selling out of the paper and buying into physical?

ahhh <== from paper to physical ==> dogpile
 Quoting: GFX guy


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.
Anonymous Coward
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02/15/2013 04:01 PM
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Re: GOLD AND SILVER CRASHING!!
Yes indeed OP ! Gold aproaching 1600 bucks hasnt been that low in a while!
Anonymous Coward
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02/15/2013 04:02 PM
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Re: GOLD AND SILVER CRASHING!!
Oil -150 pts back to 95 bucks thats actualy good news!
Anonymous Coward
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02/15/2013 04:03 PM
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Re: GOLD AND SILVER CRASHING!!
Funny on GLP stock Doom gets no press!
gebahie

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02/15/2013 04:04 PM

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Re: GOLD AND SILVER CRASHING!!
Yes indeed OP ! Gold aproaching 1600 bucks hasnt been that low in a while!
 Quoting: GT500


scheming
Anonymous Coward
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02/15/2013 04:07 PM
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Re: GOLD AND SILVER CRASHING!!
Yes indeed OP ! Gold aproaching 1600 bucks hasnt been that low in a while!
 Quoting: GT500


scheming
 Quoting: gebahie


OP is celebrating the dollor colapse ohyeah
Anonymous Coward
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02/15/2013 04:08 PM
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Re: GOLD AND SILVER CRASHING!!
The casino is about to go busto! Hang on gang a storm is coming of the worst kind! verycold
Anonymous Coward
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02/15/2013 04:09 PM
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Re: GOLD AND SILVER CRASHING!!
20 minutes to market close!
TheAmericanCancerSoci​etySucks

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02/15/2013 04:11 PM
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Re: GOLD AND SILVER CRASHING!!
Why is there panic selling?
 Quoting: ampedin


There is no panic selling dude.. Its called manipulation...


Paper game..


monopoly money45
 Quoting: gebahie


Totally! You are correct sir!
Author, inventor, disorganizer. Let's disorganize the American Cancer Society.
Anonymous Coward
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02/15/2013 04:15 PM
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Re: GOLD AND SILVER CRASHING!!
Industrial use of precious metals are constantly rising, hold or buy, do not sell.
 Quoting: Chrit


cheers

seal
Anonymous Coward
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02/15/2013 04:15 PM
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Re: GOLD AND SILVER CRASHING!!
Gold 1609 an ounce, silver 29 and change!
Anonymous Coward
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02/15/2013 04:20 PM
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Re: GOLD AND SILVER CRASHING!!
Gold 1608.50 down 161 pts.
Anonymous Coward
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02/15/2013 04:26 PM
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Re: GOLD AND SILVER CRASHING!!
Gold 1608.50 down 161 pts.
 Quoting: GT500


Sell! Sell! Sell!

(Just like JPMorgue and GoldmanSucks want you to do!)

cruise
Anonymous Coward
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02/15/2013 04:27 PM
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Re: GOLD AND SILVER CRASHING!!
Jim "Mr. Gold" Sinclair (who actually knows WTF is really going on) advises all holders of PMs and PM stocks, to stand pat.

DO NOTHING!

scream
GFX guy

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02/15/2013 05:58 PM
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Re: GOLD AND SILVER CRASHING!!
popcornbump
2FishOn

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02/16/2013 12:09 AM
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Re: GOLD AND SILVER CRASHING!!
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!!!!

5a
2FishOn
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02/16/2013 12:11 AM
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Re: GOLD AND SILVER CRASHING!!
Soros ETF rumor? WTF...
Anonymous Coward
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02/16/2013 12:42 AM
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Re: GOLD AND SILVER CRASHING!!
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.
Anonymous Coward
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02/16/2013 12:44 AM
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Re: GOLD AND SILVER CRASHING!!
Why is there panic selling?
 Quoting: ampedin


scheming Time to buy some bars...
 Quoting: EndTheFed


Fuckin-A! Me too. While it's low.





GLP