View Full Version : metals dealers shutdown sales as price goes haywire
Large Sarge
29th March 2013, 05:46 AM
http://www.silverdoctors.com/gold-silver-flash-smash-on-globex-open-erase-all-of-comex-losses/
gunDriller
29th March 2013, 11:02 AM
right now Kitco is showing $28.22 for Ag on one chart, and $28.30 on our resident G-S.us "Kitco GIF".
in the spirit of compromise, i offer $28.26 :)
osoab
29th March 2013, 11:54 AM
That ain't all hell breaking loose. It has happened a number of times when GLOBEX is running the after hours.
The total swing didn't even cover 50 pennies from High to low.
If you run the numbers for the low - high - low swing, then the approximate change was 81 pennies.
Just another reason to add to the list why I dislike "SilverDoctors".
No offense meant to you LS.
mamboni
29th March 2013, 12:47 PM
Yeah, SilverDocs is starting to get a little KingWorldNewsish, if you catch my drift.
Twisted Titan
29th March 2013, 08:40 PM
They are trying to front run the issue so they can claim they "broke" the story
Kinda like Lindsey Williams
im waiting for his broadcast about the insiders telling him about cyprus.
mamboni
29th March 2013, 09:07 PM
They are trying to front run the issue so they can claim they "broke" the story
Kinda like Lindsey Williams
im waiting for his broadcast about the insiders telling him about cyprus.
Good point TT: LW never did indicate anything to suggest the events in Cyprus. Yet we all can see that this was a top down operation straight out of the ECB/Troika which in turn is tied at the hip to the US Fed. I must say that I am very suspicious that the North Korean situation may be being greatly exaggerated by the MSM. Why? Cyprus + Korean peninsula instability is great for the dollar - it has everyone running to the T-bills for security. Notice haw the 10 year dropped big time, 6 basis points in a day. Who could have foreseen 10 year Treasuries at 1.8% simultaneous with $trillions per year in FED monetization and US fiscal +$1 trillion deficits for as far as the eye can see. In times of war or threat of war, the capital holders of the world will run to Uncle Sam for shelter, no matter the economic fundamentals.
http://resources0.news.com.au/images/2013/03/29/1226602/706680-130321-kim.jpg
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