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Bullboard - Stock Discussion Forum SilverCrest Mines Inc SVLC

NYSEAM:SVLC - Post Discussion

SilverCrest Mines Inc > Silver is down 1.8% tonight
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Post by stocktrader1407 on Sep 23, 2012 9:44pm

Silver is down 1.8% tonight

Hopefully will recover some ground in the morning..

https://www.kitco.com

Comment by KevinF2848 on Sep 23, 2012 10:45pm
Stocktrader,   Yep, down a little tonight, but of course, Europe starts trading around 3am so things can change and do, a lot before tomorrow morning.  We are due for some consolidation, heck silver is up 25% since August.  I'm pretty sure that back in August, if someone said to you, we are going to see a 25% increase in silver in  6 weeks, you would take that, right?   ...more  
Comment by strannick on Sep 24, 2012 12:36am
Silver is down tonight because some manipulator sold 16.6 million ounces -the equivilent of 1/2 of US annual silver production- within 5 minutes after 9 pm EST. This is a reason to accumulate, not to dishoard.
Comment by stocktrader1407 on Sep 24, 2012 1:57pm
Will let you all know once I hear back from the IR department..
Comment by fabdaq on Sep 24, 2012 5:36pm
Whats weird is for the longest time (years) it was always asia/europe driving the price of PM's higher.  Embry use to refer to the anti gold cartel as basically being Americans and in around 5:30 - 6:00am the western markets would manipulate the price down.  It was so obvious to everyone and most PM bullboards ran with that sentiment for years.  I started to notice in about May  ...more  
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