Uh OH! Is that a moon shot that I see?

[jtabeb]

Had to get up with the kids and saw this. That looks ominous.

[ThePythonicCow]

Re: Uh OH! Is that a moon shot that I see?

The silver I bought last week looks a bit shinier now!

Sep 14 NY close 16.54
Sep 15 NY close 17.01
Sep 16 Latest..... 17.22

[ThePythonicCow]

Re: Uh OH! Is that a moon shot that I see?

Looking at gold vs other currencies on the bottom of Kitco.com, gold is up against all 14 major currencies in the list by 0.33 to 0.85 percent.

[cobben]

Re: Uh OH! Is that a moon shot that I see?

Moonshot?
That would be up say $100 in a few hours, this is just the steady grind.

"gold is up against all 14 major currencies in the list by 0.33 to 0.85 percent."

European stock markets are also up about that much in the open, guess what is down . . .

[ThePythonicCow]

Re: Uh OH! Is that a moon shot that I see?

European stock markets are also up about that much in the open, guess what is down . . .

Hmm... not sure. That's a tough one. Perhaps Finster can explain this :rolleyes:.

[ThePythonicCow]

Re: Uh OH! Is that a moon shot that I see?

And in other news:

• ZeroHedge anticipates dollar falling to 71 Next Stop For The Dollar?
• The Wall Street Journal has a DOW JONES NEWSWIRES article Comex Gold Futures Rise On Dollar Weakness
• The Wall Street Journal has another DOW JONES NEWSWIRES article Euro Hits 6th Straight 9-Month High Vs Dollar

[Kadriana]

Re: Uh OH! Is that a moon shot that I see?

The silver I bought last week looks a bit shinier now!

Sep 14 NY close 16.54
Sep 15 NY close 17.01
Sep 16 Latest..... 17.22

I was thinking about buying some more silver after having to sell my oil. Kind of wish I had. Oh well, enjoy the amount I have going up.

[ASH]

Re: Uh OH! Is that a moon shot that I see?

Had to get up with the kids and saw this. That looks ominous.

That's right. Suck Mega in. Get his hopes up... and then BAM! Back down to 850 (or whatever). You know this is setting up another "gold is getting killed!" post...

[WildspitzE]

Re: Uh OH! Is that a moon shot that I see?

That's right. Suck Mega in. Get his hopes up... and then BAM! Back down to 850 (or whatever). You know this is setting up another "gold is getting killed!" post...

The contrarian in me is saying the same thing. All of my fellow LT-steady PM investors, and quite a few news ones, are doing the jig. The anti dollar rhetoric is all over the press now, and many are saying that we should prepare to mourn the USD next week.

Remember that this is a casino, free markets died a long long long time ago. Also, Murphy is always listening.

[Southernguy]

Re: Uh OH! Is that a moon shot that I see?

The contrarian in me is saying the same thing. All of my fellow LT-steady PM investors, and quite a few news ones, are doing the jig. The anti dollar rhetoric is all over the press now, and many are saying that we should prepare to mourn the USD next week.

Remember that this is a casino, free markets died a long long long time ago. Also, Murphy is always listening.

Yes it is a casino, but ruolette has 4 or 5 0sīand gold is the owner.
What can they do to stop the bleeding?
I donīt know, and I thind they donīt either.
What is really worrying is what happens to the real economy. With inflation becoming to go up and salaries donīt keeping pace, the percent of income which 0,1% of richer gets still soaring.
Whoīs gonna buy all the goods produced by a growing chinese production capacity?
Interesting and frightening times indeed.

[we_are_toast]

Re: Uh OH! Is that a moon shot that I see?

I continue to trade in my gold stocks for GLD as the gold rally continues. As the green shoots turn brown, the stimulus becomes less stimulating, and we near the end of the 1st bounce, I don't see how gold or gold stocks will hold up in a general market downturn. When the market bottoms out sometime this winter or spring, it'll be time to repeat the cycle.

[Fiat Currency]

Re: Uh OH! Is that a moon shot that I see?

That's right. Suck Mega in. Get his hopes up... and then BAM! Back down to 850 (or whatever). You know this is setting up another "gold is getting killed!" post...

Always with the negative waves Moriarty, always with the negative waves.

oddball.jpg

[WildspitzE]

Re: Uh OH! Is that a moon shot that I see?

TIC report is horrible, still digesting it. Martensen has some good color on his website, for subscribers.

Zerohedge is reporting some rumor that is floating around about two feds supporting raising rates next week. Yeah, ok.