Paul
12th May 2009, 04:17
First off thank you to Sue-Z-Q and Chris for allowing me to post here.
I observed a nice bounce of 20 cents around the time of the opening of the European markets. This took silver well above the $14 mark. I checked my BBC news financial pages but couldn't relate this to anything in particular and as yesterday seemed fairly flat I didn't see it as a continuation of last weeks rally. Any ideas why we get these bounces? One guess is that someone somewhere has made a big purchase.
By the time you guys in the USA get up it may have subsided.
I observed a nice bounce of 20 cents around the time of the opening of the European markets. This took silver well above the $14 mark. I checked my BBC news financial pages but couldn't relate this to anything in particular and as yesterday seemed fairly flat I didn't see it as a continuation of last weeks rally. Any ideas why we get these bounces? One guess is that someone somewhere has made a big purchase.
By the time you guys in the USA get up it may have subsided.