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Gold and silver have been on a tear this past week
02-17-2014, 09:57 AM #1
Below Average Genius Member
Posts:2,004 Threads:163 Joined:Apr 2013
After more than a year of being manipulated down even though all the fundamentals said they should have gone higher, gold and silver are showing some spunk for a week now.

Silver we ride! bob.gif

http://www.kitco.com/charts/livesilver.html

Pray for me. hug.gif
02-17-2014, 12:41 PM #2
JayRodney ⓐⓛⓘⓔⓝ
Posts:31,574 Threads:1,444 Joined:Feb 2011
Prices have gained nearly 3 percent already this year.
They say turmoil in emerging markets, coupled with slowing economic growth and stimulus cuts by the Fed reignited demand for PM's.

wonder.gif
02-17-2014, 05:41 PM #3
Shadow Mrs. Buckwheat
Posts:12,777 Threads:1,182 Joined:Feb 2011
It could get interesting for PMs pop2.gif the POO may have run out of ways to keep the price down. I think bitcoin played a role in that.
02-17-2014, 06:24 PM #4
Cynicalabsurdance Member
Posts:9,209 Threads:213 Joined:Feb 2011
Somebody got bored is all ,,,

and wanted to swap their money into something else for a while .

people do that ,,,

yeah ,,,, they do .
02-17-2014, 06:33 PM #5
Shadow Mrs. Buckwheat
Posts:12,777 Threads:1,182 Joined:Feb 2011
We haven't seen the great disconnect yet that's for certain. It's as easy to create a paper that says 'one ounce pure" as it is to print a $1 bill, or a $1,000 bill for that matter. Actual physical though, that costs a bit more.



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