Every part of my being says this 'should' cause PM's to go up, but there is the lingering feeling that the paper market will be driven down along...
It looks like the downgrade just happened. http://www.newsobserver.com/2011/08/05/1394238/sp-downgrades-us-credit-rating.html Hard to say if...
Gold had been the ultimate reference of value for much of recorded human history until as recently as many of the people here have been around.
I believe the USDJPY just hit a multi-decade low as well. This does not inspire confidence in fiat currency for me as the two that are supposedly...
This is enough for me to pull the trigger on some of the Australian Lunar silver coins I've been eyeing, but it needs to go down another 10 before...
Oil was down 5% today as well. Silver is the most volatile and I would expect it to be hit the hardest. I guess it's a question of the chicken and...
If anyone can show me an example of a drop this hard and this fast that did not involve margin increases I would certainly be willing to amend my...
That's more along the lines of what I had suspected Italba. This is pretty much the 3 month anniversary of the May 1st takedown. I suppose it...
Great explanation thank you Cloud.
The charts tell a different story at least from a standpoint of sudden change. I'm not complaining though, this could be a great buying...
Any idea why the sudden widespread change in sentiment?
I am curious as well! I've only seen this happen like on May 1st when margins were raised causing a cascading effect on the way down as sell...
As soon as this drop off bounces I'll be looking to pick up some coins I've been eyeing :D Anybody know if margins got raised again today? Silver...
As of yet I have had no problems. Although I have only been in the game for about 3 years, and admittedly I am spread a little thinner in dollars...
It is telling to me that our leadership is more concerned with their ability to borrow us into oblivion than to embrace fiscal responsibility. I...
Indeed the points I am making are forward thinking and may not (probably won't) be realized in the short term. I am not as concerned about the...
You bring up a valid point. Above ground available (scrap) silver does not include bullion that investors have stashed that may at some point...
It looks like the initial shock drop is over and now things are ramping back up rather handily today (over 2% for gold, 4% for silver) on...
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