FED: Bernanke: QE3 delayed until further notice - Jackson Hole speech

[Zippyjuan]

It is still incredibly difficult to exploit- even for professional traders. As you point out, volitity is high at those times- that means prices will vary by more and more quickly than normally. And yes, you can earn more via leverage- but you can also lose more as well.

 

[Seraphim]

Personally, I am speaking strictly about the purchasing of physical bullion - silver in particular.

It is still incredibly difficult to exploit- even for professional traders. As you point out, volitity is high at those times- that means prices will vary by more and more quickly than normally. And yes, you can earn more via leverage- but you can also lose more as well.

 

[swissaustrian]

Two more charts. Silver offers buying opportunities in summer, gold really doesn´t have any seasonality:

 

[Zippyjuan]

Personally, I am speaking strictly about the purchasing of physical bullion - silver in particular.

Isn't that generally priced at the end of day quote so the small difference at 10:00 am wouldn't matter anyways?

Interesting charts.

 

[Seraphim]

No sir. Bullion prices are updated minute by minute and when you book a price for bullion, you book based on the current spot price + the premium.

When the price drops by 1 dollar between 10am and 11am, at 11:01, you will pay a dollar less per ounce then at 10am.

Isn't that generally priced at the end of day quote so the small difference at 10:00 am wouldn't matter anyways?

Interesting charts.

 

[Zippyjuan]

Thank you- I was not aware that that was how it works. Perhaps it may also depend on where you purchase. I would guess that not everybody bases their prices on up to the minute spot.

 

[Seraphim]

Most do, but some are slow on the draw.

Thank you- I was not aware that that was how it works. Perhaps it may also depend on where you purchase. I would guess that not everybody bases their prices on up to the minute spot.