A silver spike of a $1 in the overnight trading session?  Image below.  Doc’s take on this coming soon.

 

 

  1. Good one 4 OZ. I’ll have to find a mountainous picture though. Not good to build your house on the sand ya know? LOL.

    10-4 that 427. But movement which way. The stacking way or the scare the S%$t out of JP Morgan way?
  2. I would love to know what happened and now it’s at a standstill. Maybe the elite said it was to soon to go up and took it back. Lol Come on Doc what’s your take on this did someones blood pressure spike?, it’s getting close to my bedtime. Lol

  3. Looks like a glitch on kitco’s chart. Very radical and no duration at all.
    I went to Netdania and it looks like a typical Sunday evening so far.
    It could be that Mathdaddy nailed it.
    Ima coin him.

     

  4. Staking 2oz? Im always stacking thats why I havent been on the sit much today. Working on 50oz today! My guts telling to pull the trigger. hears a link to KING WORLD NEWS interview Broadcast with Eric Sprott /http://kingworldnews.com/kingworldnews/Broadcast/Entries/2012/4/29_Eric_Sprott.html

  5. Just someone testing the waters to see if anyone is paying attention in my opinion… Like a probing mission to the enemy line… See how far you can go before it gains attention then quick pull back to assess gathered info… This is just a sign of some games to come in the next few days I think…

  6. LMAO!! Good to be back ladies and germs,,,, I promise not to give up all the vital info general captain sir!!! Only what I can regain through the squeeze of the trigger from my SAW….. Hahaha

  7. On the NYLIFFE (1000oz contracts) and NYMEX (5000oz contracts), the highest price for May contracts is $31.31 and July contracts $31.39 in electronic trading which started at 6pm ET Sunday night.

    The same spike occured, according to Kitco, for silver, gold and the dollar index – however, a spike up in the dollar index should have caused a spike down in silver and gold, not up.  All in all quite mysterious.

  8. Unlike other Sunday evening examples of odd spikes, we’re not seeing this spike at 24hgold.com or other web sources I’ve checked.  Anyone see it somewhere other than Kitco?

    The Kitco chart spike is seen in gold too.  Here are image captures that will not dynamically update (fixed in time):

  9. WTF??????????????????? LOL and LMAO. I went to sleep last night and woke up to a mini cheeserburger. I’ll have to send you a good Avatar DOC. The cheeseburger is Hilarious but I’ve got a “LITTLE” something else in mind. What a trip. LOL.

  10. Cheeseburger….Cheeseburger…Cheeseburger and a meal sized for 2 OZ. of silver when inflation takes off.

    If you guys are old enough to remember the black and white Popeye cartoons, the character “Whimpy” had the gov. figured out a long time ago. Living on credit (or just sponging) he would say “I’ll gladly pay you Tuesday for a Hamburger today”.
  11. Good ole “Whimpy” sure did have it figured out back in the day…. It’s amazing some of the lessons in the older cartoons… Haha… Some of the way back bugs bunny were good for some lessons… Love it!!

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