Category Archives: silverprice
Intra-day gold & silver metrics, observing critical changes of rates of % difference of silver vs gold, 1 minute time-scale
0 open positions for COT?
I’ve never seen that since I began looking at the COT reporting. Ever.
Silver market has now shown serious dislocation. Silver paper price drops more than $4 yet physical price to buy bulk orders of maples & bars did not go down, in fact, those prices went UP.
$52.53 usd (49.78 cdn) with 500 or more silver maples at http://www.apmex.com/Category/2/Canadian_Silver_Maple_Leafs_2011__Prior.aspx
http://www.marketanthropology.com/p/chart-lab.html – proportional move to aug 2007-2008 march move in silver, 163 weeks prior – ROC pattern shows as a 0.90 deviation-wide-channel on a straight line
Looking forward to Monday morning "open" prices in North American markets with this as a precursor event
17:00 EST 2011-4-14 confirmed above 42 USD / oz
I can haz $40 / oz? 02:10 EST silver hit 40.04 USD / oz after the upload of this video finished
Spot price shown side by side, gold & silver, with new price model snap shot pics
Gold price model still unchanged – no errors have been detected.
Silver price model matched to most recent correlation. 2 main slopes exist for up-trending & down-trending of the gold+silver combined moves. The up-trending slope is used to set the margins based on gold price margins for every future date
Silver hits 37 USD/oz – CAD$ 36.57 goes with 37.29 USD