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popeye |
| Friday, March 7, 2008, 5:41:33pm |
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Today gold closed down $1.50 at $972.40 and silver closed unchanged at $20.14. For the week gold closed down $1.90 and silver closed up .33. During the past 12 weeks silver went up 10 times and down twice. The up average per week was .659 and the down average was .13. During the same time period gold went up eight times and down four times. The up average per week was $26.72 and the down average was $8.77.
The Bullion Banks are losing billions and getting desperate. All lease forward rates are in the negative with the exception of the one year rate which is very close. |
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popeye |
| Friday, March 7, 2008, 6:28:02pm |
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It looks like some profit taking hit platinum today. Platinum was down $136.00 at $2,025. |
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popeye |
| Monday, March 10, 2008, 4:24:00pm |
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Today gold closed up .60 at $973.00 and silver closed down .46 at $19.69 after being down as much as .94. The paper players are still scrambling and losing billions while trying to satisfy their short contracts. |
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popeye |
| Tuesday, March 11, 2008, 9:04:48am |
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This morning silver was up as much as 63 cents before the Bullion banks took over. Currently silver is down 20 cents for an 83 cent swing in an hour and forty minutes. |
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popeye |
| Tuesday, March 11, 2008, 4:18:23pm |
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Today gold closed up .20 at $973.20 and silver closed down .02 at $19.66. |
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Sapper |
| Wednesday, March 12, 2008, 2:29:12am |
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Apparently, we aer getting into period of sideway movement (or slightly down). Whether ther is a sharp sell-off, hard to tell, but it may not to occur in this time. FTS |
| The trick is to be buyin' when everyone's cryin'. |
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popeye |
| Wednesday, March 12, 2008, 4:19:27pm |
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Today gold closed up $10.20 at $983.40 and silver closed up .35 at $20.01. So far this week gold is up $11.00 and silver is down .13. |
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popeye |
| Thursday, March 13, 2008, 6:55:29am |
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Currently silver is up .85 at $20.86 in London. |
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popeye |
| Thursday, March 13, 2008, 9:09:14am |
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So far this year gold has gained 18.7% and silver 40.2% |
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Sapper |
| Thursday, March 13, 2008, 9:28:58am |
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| The trick is to be buyin' when everyone's cryin'. |
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popeye |
| Thursday, March 13, 2008, 9:58:48am |
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Next is for the daily bullion price to hit $1,000.00. |
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popeye |
| Thursday, March 13, 2008, 4:26:28pm |
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Today gold closed up $11.70 at $995.10 and silver closed up .55 at $20.56. So far this week gold is up $22.70 and silver is up .42. |
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popeye |
| Friday, March 14, 2008, 8:50:16am |
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All silver lease forward rates have increased for the third day in a row. For the 1st time in weeks the bullion Banks are no longer paying the paper players to enter contracts. The rates are still within reason but if this continues there will be a sharp spike in the price of silver in the very near future. |
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popeye |
| Friday, March 14, 2008, 3:24:25pm |
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Sapper, absolutely. The shorts will be forced to pay in gold and silver (which they do not have) or cover in cash. This should force the PM price up sharply. The short holders have been covering for about seven weeks now and during that time gold has gone from $880.50 to the current $1,000.00 and silver has gone from $16.09 to the current $20.62. The covering has only just begun. It should go on for several more weeks. |
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popeye |
| Friday, March 14, 2008, 4:18:48pm |
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Today gold closed up $7.40 at $1002.50 and silver closed up .11 at $20.67. For the week gold is up $30.10 and silver is up .53. |
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