Probably wasn't the most thorough systematic search, just talked to two coin shops and a few related people, they all know each other though of course, and are familiar with the situation ... the general impression was that there is metal out there, it's that nobody wants to sell at these prices, they'd rather buy, well that only makes sense ... i scored a bit two weeks ago, so that's fine, don't have that much interest in physical as it's hard to imagine ever selling it
Didn't notice anything selling off into the close, was watching mostly small producers and mid-size, they were all trading up in the 4:10 time ... ah, i see cfo.v downticked, well that's meaningless, one player dumps 4k in a very thin stock ... it does have a gap open now though, ahem, bidders should pull back and somebody please paste it to 3.10 before carrying on
There was only very temporary sense in that rush into usd, everybody getting liquid and ready for the next move, there has to be a next move because they are degrading the currency, they don't have much option but to degrade it, it's either that or deflationary depression, something you especially don't want during an election ... the course is pretty much set for PMs, lots of wicked little dips along the way, that's normal ... there will be lots of metal available at higher stages, might be wise to watch supply as a profit-taking signal |
