whoops_apocalypse

Short term? Yes, if there's a major commercial signal failure, else it could take another two/three years so long as the silver bull remains in tact. Will the silver bull last that long? No body knows at this point...

:lol: Rimmer World

I suspect it's a bit trickier than that... You'll need another IP address (preferably another ISP), one that doesn't look anything like your previous address and another PC probably... If it's any consolation, I still don't know why I got banned at the time...

Well, I distinctly recall them making a big splash of gold trading above $600 back in the spring of 2006 and then the price peaked at around $730. If they choose to repeat the exercise on this occasion, and I see no reason why they wouldn't, then the $1170 target looks like a great contrarian indicator to me. Obviously, we'll have to study things a lot closer when the time comes...

FWIW and barring any black swans (eg. AMBAC downgrade, etc.) in the interim, I reckon the POG will bobble up and down $50 either side of the $1000 mark for a bit before progressing higher to the $1050 to $1170 range...

As they like to say over on the Kitco forum, "Don't let them cheat you out of your cheap gold and silver!" I'm sure CNBC are just helping out the pro traders...

Um, interesting... Bailout or downgrade, I wonder?

I think some over there just hate anything that isn't white tbh...

Oh dear... Dollar Plunge Resumes

They can and will as I believe sticking a zero after the 4 would be more appropriate IMO...

The daily trading ranges in the silver market right now are truly a sight to behold and touted to become even more volatile as the current upleg gathers further momentum. Taking today's range for example, we see that it's in excess of a $1 (5%) which is not the sort of market one should go day trading in IMO. Still, if you manage crack the formula than no doubt the rewards will be astronomical, but if you get it wrong, then the danger of getting left behind is all too real. Personally, I'm looking for a sub 40 gold:silver ratio before exchanging much of my silver holdings back into gold. This way I never have to trade out of my core position and nominal prices are more for interest rather than guidance. NB. Silver just blipped up another 20 cents whilst typing this post. How anyone's capable of trading that is beyond me and those that can do it consistently have my full admiration... UPDATE: Make that 30 cents... No, I tell a lie, make that 40 cents. Jeez this market's red hot I tell yer!

Hi CIGA/Impartial, Thought you conducted yourself really well this evening over at the asylum. Although I found events over there today highly amusing, I must admit, I'm somewhat flabbergasted at their juvenilistic bravado as it clearly demonstrated the degree of pressure that they are now under following yesterday's ill-conceived upheaval. Should the price of PMs continue to appreciate relentlessly, as I think it will, then the unfortunate actions of a very few will prove extremely difficult to justify and will only serve to further tarnish the reputation of what is already becoming a highly suspect web forum IMO. Make no mistake, they know they've over-stepped the mark on this one and now they're panicking over the likely long-term consequences...

Yes, I thought that might cheer everyone up... GF, you can always respond via this site and GHPC. I'm sure someone will be kind enough to relay your message back to those at HPC.co.uk...

Oh I get it! When gold's going up, you're not allowed to talk about it, but when the price falls, that's an entirely different matter... What The Heck Just Happened In The News? Gold Just Went From 987 To 967! Why didn't they just tell us that they're now getting paid to bash gold? See how The Oldie's getting stuck in there with plenty of bearish news releases and all because of a bit of profit taking. Dread to think what they'll be like during the next intermediate term correction.

Hey guys have you seen this? http://www.housepricecrash.co.uk/forum/ind...69928&st=30

Oh, I read somewhere that he was due to speak again at 7:30pm or something. Perhaps I've misinterpreted something along the way. Oh well, thanks for the heads up in that case... And it's mostly been a down day price wise...

Has Bernanke entered the room? They've just hit the PMs hard again...

Suspect you've very much nailed it on the head there Billy. The big players will no doubt get the bailouts and the minnows will either be left to sink or gobbled up by the bailed out pike so to speak or both even. How they prevent their liabilities from exacerbating the situation still further remains to be seen nevertheless. Surely they can't continue printing until every corporation that is too big to fall has been saved, or can they? Of course, gold will inform us of the overall cost in due course...

Even the BBC's Peston has been talking about gold today on his blog... The comments are well worth a read aswell...

Evening all... An interesting evening awaits it appears what with Uncle Ben scheduled and a myriad of rumours to decipher. I wonder what treats, if any, Commander Ben has in store for PM fans tonight? Personally, I find all this talk of mortgage principal reductions somewhat intriguing, especially from an inflationary and moral hazard perspective. Nice here innit?

Hi GF... Suppose it was only a matter of time that we'd all end up conversing on another forum given the months of abuse we've been receiving from those who quite obviously failed to protect themselves in the manner prescribed by Jim Sinclair. At least here we don't have to cringe every time CTT posts something obnoxious about gold or its investors. Anyway, moving on to more important issues, how likely do you guys think a commercial signal failure in the silver market to be? I noted Trader Dan's comments over the weekend and had to have a laugh at Jason Hommel who envisages $350/oz silver in the near future because of it.

And there's me thinking I got banned for calling him Tony over at GHPC... Glad I found you all btw...