Getting the Sunday afternoon jitters when trading opens in Sydney and Hong Kong.

[Filthy Keynes]

These past couple of months I've been excited to see what happens when trading opens up in Sydney and Hong Kong (6pm Eastern).

I'm wondering if we will take out $25 tonight.

[Rebel Yarr]

I'm torn - but I think correction commeth - Maybe I'm just hoping, since I have been awaiting one.

[madfranks]

I'm torn - but I think correction commeth - Maybe I'm just hoping, since I have been awaiting one.


I was expecting some profit taking when we broke the $1300 mark, but it kept going up. Silver too made some strong gains, so I wouldn't be surprised if this week was a correction for both gold and silver.

[StackerKen]

I think we saw the 1% correction Thursday-Friday and silver will continue upward this week

But I kinda hope I am wrong...cause I want more too. :)

[General of Darkness]

Well, what does an economy run on, and it's not this neocon globalist concept of continuous growth. Those are just the comments and desires of a greedy person.

If you get granular and build from there here are my thoughts

The Person
The Person needs a job
For that person to get a job there needs to be work, call it a cog
For work to exist there has to be need for this cog
If this needed cog is produced cheaper in another country then the person has no job
If this needed cog can be produced in the persons country yet the bank doesn't lend money, the EPA is too strict and other .gov rules are too strict, there will be no job.

Western culture is made up of designers and builders, not manufacturers, and this has just happened over the past 20 years. It's not too late to take it back.

Amerikwa is dead, long live Amerikwa.

[cedarchopper]

I think we are due for a correction. Silver has been blasting forward without a pause...there has got to be some profit taking. Unless, this time is different :]

[1970 silver art]

I think it will take out $25 tonight or maybe tomorrow but it could pull back once it hits that $25 mark and possibly correct to $21-$22 before it resumes its run. A healthy correction for gold and silver is good. We will see what happens tonight (and tomorrow).

[Trinity]

I'm looking for a 10 percent down move in Gold and Silver. Then I'm buying again.

[Ponce]

Like I said before " When the people take the control away from the coat and ties is then when silver and gold will go up, however.....because the people in the US are broke this will have to come from the outside"......and that's the way that it will be.

[SHTF2010]

:boom let's get this FINANCIAL CRASH PARTY started :boom


:sun: SILVER to the moon :sun:

[Gaillo]

Starting off with a sell-off...
Let's see how long THAT lasts! ;D

[beefsteak]

I think we saw the 1% correction Thursday-Friday and silver will continue upward this week

But I kinda hope I am wrong...cause I want more too. :)


I think you're right. This most recent jiggle was more options expiration related stateside than anything else.

One more options expiry coming up to watch out for....3 days b4 EOM, when OTC LME Opt expire.

beefsteak

[Ponce]

The train is moving at slow pace while leaving the station.....get on it now or soon it will be moving to fast for you to get on it..............

Ponce <---------sitting in first class with his cold glas of milk looking out the window at those running around ;D

Upssssssssssss I just Trinity fall down........get up boy, go get them.

[Ash_Williams]

I expected the correction last week. I still expect it. The longer it takes to happen, the more shocking it could be.

[1970 silver art]

So far the DOG is taking a massive beating. It is down about 0.50 right now. Gold is down just over $10 right now. :(

[Libertarian_Guard]

So far the DOG is taking a massive beating. It is down about 0.50 right now. Gold is down just over $10 right now. :(



Sure enough, now look back at this thread. No Rockets! You bastards, can't you see what you've done.

>:(

[1970 silver art]

So far the DOG is taking a massive beating. It is down about 0.50 right now. Gold is down just over $10 right now. :(



Sure enough, now look back at this thread. No Rockets! You bastards, can't you see what you've done.

>:(


:ROFL: :ROFL:

So now it is my fault for shooting down all of the rockets? ;D

[BrewTech]

Correct me if I'm wrong - I'm not very knowledgeable about such things - but when the banks get doused with liquidity, instead of lending it don't they just short the metals markets?

Like I said, please correct me if I'm wrong because I feel like I should understand this stuff already.

[Cebu_4_2]

http://www.kotaku.com/assets/resources/2006/10/rocket_crash_150x194.jpg

http://www.rocketreviews.com/images/thumbs/story_crash03.jpg

http://www.newscientist.com/data/images/ns/cms/dn2544/dn2544-1_370.jpg

[1970 silver art]

http://www.kotaku.com/assets/resources/2006/10/rocket_crash_150x194.jpg

http://www.rocketreviews.com/images/thumbs/story_crash03.jpg

http://www.newscientist.com/data/images/ns/cms/dn2544/dn2544-1_370.jpg


Yeah those look like some of those evil rockets that I shot down with my sub last week. ;D

[Libertarian_Guard]

http://i51.tinypic.com/2ik9ojn.jpg



I'll help you guys out, but I can't lift the mighty silver rocket alone.

[Filthy Keynes]

It's just a flesh wound.

[Cebu_4_2]

I'll help you guys out, but I can't lift the mighty silver rocket alone.


I'm here to help!

[Filthy Keynes]

Seems like it likes $23.80-ish

[Filthy Keynes]

There we go, back up to $24.32 again. That wasn't so bad, now was it?

[cedarchopper]

The metals are fear driven...too much fear out there right now to have a selloff. We could see some real action now.

[Ponce]

Coat and ties have lost control of PM, now the people will speak up.

And the US government will have to change their undies.

[1970 silver art]

The metals are doing very well considering how far they were down last night. I think that the DOG was down as much as 0.53 before making a comeback. I think gold was down as much as $11 before coming back. This gold and silver run is very strong for it to come back from those lows.

[Serpo]

Anyone got the jitters now........

[Libertarian_Guard]

http://i54.tinypic.com/2vnn9yt.jpg



Getting ready!

[mick silver]

i hear more people talking more about buying gold an silver then i have in years . most folks have lost all trust in the government.

[StackerKen]

. That wasn't so bad, now was it?


I was gonna say that exact same thing...lol

Not so bad at all :)

[StackerKen]

The metals are fear driven...too much fear out there right now to have a selloff. We could see some real action now.


I think you are correct! :)

[Trinity]

I'm still in the "it goes down" camp.

[Filthy Keynes]

I'm still in the "it goes down" camp.


Depends on which side of the boat you are on. Does "it" go down, or does the other "it" (dollar) go down? Bernanke will be pissed off if the dollar goes up since he said in FOMC that he wants INFLATION. He's gonna be PISSED OFF MAN if he doesn't get his golly-darn inflation! And you know what? If people all of a sudden bail out into the dollar like 2008 he's gonna be ROYALLY PISSED OFF - like a muthua fatha!

[Trinity]

Gold goes down. Just for a couple of weeks, then back to rally mode.

[Filthy Keynes]

Gold goes down. Just for a couple of weeks, then back to rally mode.


You may be right there. :)

Then it's MONEY PRINTING TIME!