What happened to silver today?

mizhael · Oct 5, 2010

Quote from mizhael:

Just because BOJ keeps rates 0 and Ben said something yesterday?

And why are the Ags all ramp up today too?

MKTrader · Oct 5, 2010

Quote from mizhael:

And why are the Ags all ramp up today too?

QE, POMO, go, go, go!!!

Inflation nation, baby.

Debaser82 · Oct 5, 2010

It's down in Euro's.

peilthetraveler · Oct 5, 2010

Quote from Debaser82:

It's going to +50$ an ounce!

Don't get left behind in the greatest bull market in history!

Its going past $50. $1,340 gold spot divided by the 17.5 to 1 ratio that gold & silver occur naturally at (gold .004 parts per million vs silvers .07 parts per million) leaves a real silver price of $76.57.

This is the price silver SHOULD be at today. That is the price we should go to IF gold doesnt move in price. If gold goes to $2000, Silver should be at $114 per oz.

mizhael · Oct 5, 2010

Quote from EquityGuy4321:

Why don't you try reading the news on your Bloomberg that relates to silver?

trying to see if there are some news here having low correlation to the Bloomberg news...

mizhael · Oct 5, 2010

Quote from Debaser82:

It's down in Euro's.

It's down in Euros so the European Quant hedgefunds are buying, what trading strategy is that?

psytrade · Oct 5, 2010

I think they call it trend following... was popular in the 70s...

Get out your disco boots...

EquityGuy4321 · Oct 5, 2010

Quote from mizhael:

trying to see if there are some news here having low correlation to the Bloomberg news...

http://www.monex.com/prods/silver.html

http://www.runtogold.com/how-to-buy-gold-or-silver/

http://news.silverseek.com/GoldIsMoney/1177183323.php

http://www.how-to-buy-silver-safely.com/2009/06/buying-silver/

http://news.tradingcharts.com/futures/headlines/Silver.html

http://www.silverinstitute.org/silver_news.php

http://www.miningnerds.com/news-silver

Rodney King · Oct 5, 2010

Quote from EquityGuy4321:

http://www.monex.com/prods/silver.html

http://www.runtogold.com/how-to-buy-gold-or-silver/

http://www.how-to-buy-silver-safely.com/2009/06/buying-silver/

I think he asked about <i>news</i>, not tout sites.

mizhael · Oct 6, 2010

Quote from Rodney King:

I think he asked about <i>news</i>, not tout sites.

No EquityGuy4321 is thinking out of box...

He must be a very good trader.

Of course News and Analysis and Sites are all good. We want to understand how much the rally can extend...

Thank you EquityGuy4321.