Hmm quite true. I was not counting the $48.70/oz high. That was Bunkers' bunkum and collapsed as quickly as it appeared.

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Ha Ha. I left the UK and it was lovely warm and sunny. It has been chilly, cloudy and rain in Espana. Fortunately we have home from home comfort here in Spain so it is not so bad. Might be warmer next week. A mate just emailed me for England "How's ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Sneeky silver got in there again. Beating gold to another (all time - non Hunt brothers'] high.

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Is this set in NYC XTrade? video [/QUOTE]

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Recommended to the ignore list in no time at all.

XAU/USD & XAG/USD - Gold & Silver Traders Thread

It would be fitting to close on an all time high.

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Price did fall from 1509 to 1502 on gold and 60 cents on silver. That's what he is talking about.

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Keep buying.

XAU/USD & XAG/USD - Gold & Silver Traders Thread

The mass media have always called the bubble burst, but almost invariably back to front. When they talk too much about something and they are recommending "babes in arms" to buy the product as a long term investment then you know the bubble is about ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

I'm having my cup of tea. I love my cuppa tea. Longs are making lots of money on silver but to my mind the run up has got short term bubblish now. The trend is up no doubt. Stay with the trend but be 110% alert that price is way overextended now. ps ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Price moves and consolidates. Resistance turns support and is proven. Why price would do that at 1300 - 1400 and then race up to say $1750 does not make sense to me.

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Having been at 35 000 feet for a while. Was there any reason why silver dumped $1 in 20 minutes?

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Didn't you lose that in a previous bet? In Spain now and it is bloody freezing...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Ok you have plotted your fib from a support level which was first confirmed in October 2010. The 100% is a support level now. If price breaks through and closes above the 161% then this might become support. The next commonly used fib level takes us ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Either. Do you have chart signs to say this will happen with a high probability?

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Man I hope you went long then! Too bad it is a demo account. Always good to buy on the dips.

XAU/USD & XAG/USD - Gold & Silver Traders Thread

No doubt gold will go to above the 1600's at some point and clearly will have to break and close above 1506 to get there. But what is the basis for your statement? Gold was messing about with 1400 for months and months.

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Well both gold and silver hit their highest ever. LOL I was backing silver and watching the gold chart. Closed the long now. Gold has had 3-4 attempts in just over 24 hours to get to 1500. This last one was $1499. Sounds like the ticket on sale ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

I think you mean demand determines the price, not the cost. Something might be very expensive to make/extract but if there is no demand for the product it is not viable and will not be made/extracted. Not everyone has a silver mine. So it doesn't ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Interestingly the Green lobby had been advocating a switch to nuclear power for a little while. It is lessor of the two evils compared with conventional power plants pumping out carbon dioxide +++++ The Chernobyl disaster wasn't such a disaster in ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread