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Ardent Listener
Administrator
    
 USA
4841 Posts |
Posted - 11/10/2008 : 10:37:48
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Anyone been noticing the recent 11:00 am silver sell-offs? The price peaks just prior to 11:00 am and then bang, it drops. What's that all about?You must be logged in to see this link.
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Think positive. |
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rodzm
Penny Pincher Member
 

USA
143 Posts |
Posted - 11/10/2008 : 11:04:01
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quote: Originally posted by Ardent Listener
Anyone been noticing the recent 11:00 am silver sell-offs? The price peaks just prior to 11:00 am and then bang, it drops. What's that all about?You must be logged in to see this link.
Very odd...but Ive come to learn that right now whether spot is at 10 or 11 or there is a slight sell-off that it is not going to affect much the going price of silver. Ive been buying rounds and bars at $14/ oz and at $12.xx/oz hell Ive been paying the premiums for Koalas, Maple Leafs and Phils. Its all relative when you pay a higher premium for those coins because when you sell them they sell at a higher premium so its even in the end. |
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fb101
Administrator
    

USA
2856 Posts |
Posted - 11/10/2008 : 18:41:28
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| I wonder if the time coincides with the closing of a foreign market? 4 PM GMT? |
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n/a
deleted


51 Posts |
Posted - 11/12/2008 : 11:14:34
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| I've been noticing this for about a month or so. I thought it was odd as well, but no answer either. |
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