what in the hell just happened?

[dosman]

what. in the hell. just happened?

[Dvorak]

My bad, I made a buy

[dosman]

This is beyond strange. This market is straight out of the twilight zone

[C&L 1911]

My bad, I made a buy

Please buy more! I want this back down to $1200 range. :)

[TheMadHatter]

wow. glad i took a 10 minute break before buying LOL

[Fatboy]

I think something just BROKE!

[dosman]

$1.50 drop in half an hour...Something smells really ****in fishy

[phideaux]

The idiot MBA hedge fund lemmings on Wall Street all use the same computer programs, and they all see the dollar rising. :thumb.aspx:


http://quotes.ino.com/chart/intraday.gif?s=NYBOT_DX&t=f&w=15&a=2&v=w

[Dvorak]

Please buy more! I want this back down to $1200 range. :)

I accept Paypal ;)

[joe_momma]

Banksters dumped a boatload of paper shorts - the AG:AU ratio is so out of whack I'd look to see AG plummet in the next couple of days
- no way can the bankers tolerate a 65:1 ratio when silver is pushing $30 -
- the oil glut on the world market can't hide the dollar's weakness - look to see $100 bbl by the end of Nov -

Comex will hammer the price down on expiry and insist on cash settlements for all accounts - no physical delivery for Nov and Dec contracts.

[jogslvr]

I was wondering what the hell. Lately, the silver bugs have been crawling all over ebay paying north of 32 per ounce. Even 100 oz bars selling at $3000 and above. Its crazy...I'm staying the hell away from ebay for awhile.

[Professur]

It's heading right back up again ......

[kiwi_envoy]

The bankster fingerprints are all over this Comex close, if it was a rising dollar / computer thingy then why did it just happen b4 the close?

Pure and simple manipulation, anyone that has watched this game for a while knows that basic factoid.

[dosman]

Before which close...?

[Dizzy47]

the shorts just easied their pain a bit,

it's all on banksters manual now

[dacrunch]

That whooshing sound

http://i164.photobucket.com/albums/u37/dacrunch/gold-1.gif

was the PPT using OUR (taxpayers) money to "suppess" PM pricing so they wouldn't "close" with "fantastic" day gains which would signal the debacle of "fiat" to the less suspecting members of the public...

Lookie at how "quickly" it happened... No "normal market action" to blame there... Just up to a dozen huge "sell" moves in rapid succession... (and after the close "they" don't care... it won't show up in the "press"...) "In other news, gold closed unchanged from yesterday"... :bandit:

[bulloncoins]

From High to Low $1.79 swing in one day....WOW!

Isn't this the kind of thing we were told to watch for before the liftoff?

Am I the only one who thinks we will be seeing more of the same in the next few weeks / days?

Edit: And still the ratio is below 50 to 1......!!!!

[Sindgefallen]

From High to Low $1.79 swing in one day....WOW!

Isn't this the kind of thing we were told to watch for before the liftoff?

Am I the only one who thinks we will be seeing more of the same in the next few weeks / days?

I agree, weird crap is happening and it is quite in line with what we have been talking about here for years now!

[dacrunch]

talk here of manipulation:


http://www.youtube.com/watch?v=rpkQiGvWChY

[Argent Dragon]

Found out what's going on >>

Conan O'Brien Beats Jay Leno In The Ratings (http://www.mtv.com/news/articles/1651856/20101109/story.jhtml)
MTV.com - 1 hour ago
<!-- google_ad_section_end -->By Eric Ditzian (@ericditzian) Isn't this a delicious sort of revenge for Conan O'Brien?

:haha:

[TnAndy]

This too shall pass. If you've been around PM's before, you've seen "the hammer" as applied by the PAT.....the Plunge Assurance Team. Can't let this thing get totally out of control, so they hammer it down with paper.....but they can't keep it down for ever, or even long, anymore.

[Argent Dragon]

FWIW:

<TABLE border=0 cellSpacing=0 cellPadding=0 width=180 bgColor=#ffffff align=center dwcopytype="CopyTableRow"><TBODY><TR class=spot><TD style="COLOR: #003399" class=menuB>Copper</TD><TD class=marketstime align=right>November 09,14:53</TD></TR></TBODY></TABLE><TABLE border=0 cellSpacing=0 cellPadding=0 width=180 bgColor=#ffffff align=center dwcopytype="CopyTableRow"><TBODY><TR class=spot><TD bgColor=#f1f1f1>Bid/Ask</TD><TD bgColor=#f1f1f1 align=middle>3.9899</TD><TD bgColor=#f1f1f1 align=middle>-</TD><TD bgColor=#f1f1f1 align=middle>3.9989</TD></TR><TR class=spot><TD>Change</TD><TD style="COLOR: green" align=middle>+0.0035</TD><TD align=middle></TD><TD style="COLOR: green" align=middle>+0.09%</TD></TR></TBODY></TABLE>

[Godot]

talk here of manipulation:


http://www.youtube.com/watch?v=rpkQiGvWChY

I've never watched this chap Keiser. I can't believe theres a guy on the air that I'm in agreement with.

[Dizzy47]

The masters changing the rules to protect the shorts, wonder what CFTC will have to say...crooks

PM Selloff Reason: CME To Raise Margin Requirements For Silver From $5,000 To $6,500

Submitted by Tyler Durden on 11/09/2010 15:23 -0500

And if that doesn't work, there is always confiscation.

"CME confirmed silver margins raised from $5000 to $6500 (30%) effective 11/10 settl - no other metals effected"

Presumably, this affects the maintenance margin. And is a lovely way to kill paper longs.... but not shorts, of course.

This is also the last remaining self-regulating way for the market to tell the genocidal lunatic in the Eccles building to go fornicate himself, and his excess liquidity.

http://www.zerohedge.com/article/pm-selloff-reason-cme-raise-margin-requirements-silver-5000-6500

[anywoundedduck]

This too shall pass. If you've been around PM's before, you've seen "the hammer" as applied by the PAT.....the Plunge Assurance Team. Can't let this thing get totally out of control, so they hammer it down with paper.....but they can't keep it down for ever, or even long, anymore.

I love it. Come on, suckers!
http://www.youtube.com/watch?v=4W1Qpw8rSnE&feature=related

[squirk]

For the first time in the 2 years ive been hoarding the little silver gremlin I sold a few ounces at my local shop. The wife's bday is this weekend and she was demanding something imparticular. And since I do rather dislike the couch I acquiesced to her request. You may all thank me with a visit to your own local shop for a small addition to your holdings.

[Meh]

What's wrong with the Kitco forum?

[Dude]

eBay had too many Buy-In-Now auctions. They made a phone call to clear them up with an artificial rise in the price. Now that their database is cleared off and final value billing had quadrupled in the Coins section, they moved on to the My Little Pony section. Better get yours before those are gone.

[livtocruz]

Didn't even know that the drop had happened. I was packaging up my items for APMEX after I got a lock in price of $28.90/spot.

[wjv]

Hope it stays down for 1 more day so I can go grab some $$ tonight, and then hit the PM store tomorrow. . The sell price where I buy went from $30.XX to $28.30 just today! Never though I would look at $28 out the door as a "bargain"

What ticks me off is that I've had the $$ sitting there for months waiting for "the dip". Guess the only "dip" was me for waiting! :biggrin: