This is expected, would like to see a further consolidation to $32.50 please. It would be healthy, and would attract triple the amount of people to go buy physical. You cant have the Dollar's nemesis run up 5% without the Ben Bernank calling his peeps...seriously, don't count these fuckin lunatics out yet.
Note: At any point did you hear me say 'buy' today...no can do. Gotta wait for the metals reports, especially when markets are closed. Till the morn, I expect red candles, but should offer an opportunity. Welcome to the world of trading-up like an escalator, down like an elevator. Let see if we can get 250 "I hate Blythe" by the time I log in the morning...you know how to thank me for this consoling message.
Blythe can suck it! The markings were on the wall when Sydney opened. I wonder how she will fair tomorrow when New York opens.
ReplyDeleteCould be a gap open from buying pressure.
ReplyDeleteSGS,
ReplyDeleteWe would love to see those text pictures.
Agree with Dr J, would appreciate the inside stuff. Thanks for your blog, great job
ReplyDeleteHopefully this is just going to do a shakeout and an island reversal back up again but whether it takes 1 or 2 days remains to be seen. I don't mind consolidation around 32.50 but I think it's going to get extremely volatile and may swing wildly as much as 5 points up or down. Just have to monitor this and see what happens.
ReplyDeleteMight be a tricky couple of days ahead. But I will load up if it goes ridiculously lower. Finger is on the BUY trigger.
Gold slips below $1400. Not good for the short term again. They want more confusing headlines to shake people out and lure them into that paper fiat money. Ignore it! Buy the dips! I'll be interested in SGS's assessment later on today based on this chart behavior. I might just snap up a couple more boxes of Maples here soon. Most of my best purchases have been overnight ones which is why I'm up watching.
ReplyDeleteCome on Blythe is that all you got you stupid skank? The Chinese are moving in fast and are going to triple their position when you take down the price. Haven't you got a damn clue? Lets see how the deliveries fall. I'll the the ass outside with my lawn chair and coffee there to watch the fireworks. :)
ReplyDeleteBringgggggggggg it onnnnnnnnn
ReplyDeleteANon, you t hink Blythe cares? She's trying to screw as many people over as possible before this all falls apart she doesn't care if it's allowing cheaper physical prices for the rest of the world...she dont give a fuck shes all about the benjis
ReplyDeleteYou may find this article interesting:
ReplyDeletehttp://silverstockreport.com/2011/silver-default-looms.html
Consolidation at 32:40... nice call.
ReplyDeleteDarn, I fell asleep after my last post and missed buying the dip. I should have pulled an "all nighter" like a college kid but I gave it up. See what happens when you're not looking!?
ReplyDelete