Gold Is Money -- Gold is Money -  The Premier Gold and Silver Forum -- Goldismoney Gold Is Money -- Gold is Money -  The Premier Gold and Silver Forum -- Goldismoney
[Most Recent Quotes from www.kitco.com]
Welcome Guest, is this your first visit?
Register today to gain access to all of our features which include creating topics, replying back to posts, private messaging and much more!

What are you waiting for?
Already Joined?
Sign into your account now
Results 1 to 5 of 5

Thread: Au Ag 081412 Cliff Dive???

  1. Post #1

    #1
    Super Moderator AgAuGal's Avatar
    Join Date
    Mar 2010
    Posts
    3,097
    Thanks
    825
    Thanked 1,113 Times in 664 Posts

    Default Au Ag 081412 Cliff Dive???

    Someone tell me this is just a glitch (there are so many lately, how many glitches does it take to reveal manipulation??)
    Attached Thumbnails Attached Thumbnails AG 081412 cliff dive.gif   AU 081412 cliff dive.gif  

    The people are responsible for the character of their Congress. If that body be ignorant, reckless, and corrupt, it is because the people tolerate ignorance, recklessness, and corruption. If it be intelligent, brave, and pure, it is because the people demand these high qualities to represent them in the national legislature. -President James Garfield

    We have a giverment/takerment, we deserve a government for the people - AgAuGal 2010

  2. Post #2

    #2
    Super Moderator AgAuGal's Avatar
    Join Date
    Mar 2010
    Posts
    3,097
    Thanks
    825
    Thanked 1,113 Times in 664 Posts

    Default Re: Au Ag 081412 Cliff Dive???

    Au and Ag must be getting ready for a launch with this kind of premarket activity unless of course it is a 'glitch' that can be blamed on a computer
    The people are responsible for the character of their Congress. If that body be ignorant, reckless, and corrupt, it is because the people tolerate ignorance, recklessness, and corruption. If it be intelligent, brave, and pure, it is because the people demand these high qualities to represent them in the national legislature. -President James Garfield

    We have a giverment/takerment, we deserve a government for the people - AgAuGal 2010

  3. Post #3

    #3
    Midas Member cpthnsolo's Avatar
    Join Date
    Mar 2010
    Posts
    6,189
    Thanks
    4,973
    Thanked 5,859 Times in 2,752 Posts

    Default Re: Au Ag 081412 Cliff Dive???

    Those graphs are deceiving. Sure it looks like an insane plunge, but if you blow the graph up and run the numbers you'll see the drop was less than 1% for each. They do that all the time

  4. Post #4

    #4
    Gold Member Usc96's Avatar
    Join Date
    Oct 2010
    Location
    Where the weather is nice.
    Posts
    1,249
    Thanks
    561
    Thanked 489 Times in 296 Posts

    Default Re: Au Ag 081412 Cliff Dive???

    Quote Originally Posted by AgAuGal View Post
    Someone tell me this is just a glitch (there are so many lately, how many glitches does it take to reveal manipulation??)
    Whenever you see something like this, take a look at the options expiration calendar first http://www.marketwatch.com/optionscenter/calendar . A sharp downturn inevitably means the options expiration date is soon approaching.

  5. The Following User Says Thank You to Usc96 For This Useful Post:

    StateofJefferson (08-14-2012)

  6. Post #5

    #5
    Commodore AgBar's Avatar
    Join Date
    Mar 2010
    Location
    Rust Belt, New York State
    Posts
    1,620
    Thanks
    0
    Thanked 1,015 Times in 553 Posts

    Default Re: Au Ag 081412 Cliff Dive???

    Quote Originally Posted by AgAuGal View Post
    Someone tell me this is just a glitch
    Oh no, it's perfectly normal behavior. You see, I did a little nibbling over the weekend, and the payment cleared yesterday. So, naturally, the discount comes today.

    Frustrating, yes, but l can always relax with a nice long boat ride.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •