Believe your own eyes...

[Jewboo]

http://i2.cdn.turner.com/money/dam/assets/131122085214-gold-ytd-620xa.png


:o ...then try to wipe the tears away

[woodman]

No tears here. I am glad gold is down. Makes it more affordable to plan for future monetary demise. I bought way below today's prices anyway, and if I hadn't, I would still feel ok because I bought to prepare, not to make a buck off of an investment. I believe it will be back up and perhaps soon but it will probably inch it's way up over the next 2 years barring some monetary event.

People should be buying now. the asians are.

[Horn]

I think the last time I bought some Gold it was about around the same at is it is here.

Feels about the right price, may have to eat some more.


http://www.youtube.com/watch?v=C-6mI708yWc

[mamboni]

To post this in this manner tells me that you have absolutely no clue about gold, the gold market and what gold investment means. Really this is a very ignorant post. And don't ask me to explain it. You obviously have not been paying attention to information posted here or on numerous other web sites.

[Horn]

To post this in this manner tells me that you have absolutely no clue about gold, the gold market and what gold investment means. Really this is a very ignorant post. And don't ask me to explain it. You obviously have not been paying attention to information posted here or on numerous other web sites.

I'm sorry man,

the price just feels about right to me here when compared to Silver... @ 1800 it was way over in comparison...

[mamboni]

I'm sorry man,

the price just feels about right to me here when compared to Silver... @ 1800 it was way over in comparison...

You've missed the larger point. This is not about silver. This is all about gold. Suffice to say, gold is not a freely traded market. At this point in time and history, the gold price is meaningless. If you have to convert gold to dollars, then you are unlucky. If you buy physical gold at these prices, you will be very happy in 2-3 years.

[Horn]

You've missed the larger point. This is not about silver. This is all about gold.

You are a child playing with matches, demanding that I intervene. :)

http://media.resourceinvestor.com/resourceinvestor/historical/News/2011/4/PublishingImages/4-1-11-mf-LongRangeGoldSilverRatio-2.png

[mamboni]

You are a child playing with matches, demanding that I intervene. :)

http://media.resourceinvestor.com/resourceinvestor/historical/News/2011/4/PublishingImages/4-1-11-mf-LongRangeGoldSilverRatio-2.png

And you are obtuse.

[Horn]

And you are obtuse.

No, I'm being acute.

Had you sold gold at 60 times more than silver, you would've stood more to gain buy selling it again here at 60 times more than silver.

And then just keep purchasing more silver, until it reaches its mean level 1/32 of Gold.

Then when it does that you can slay all the Gold holders, and once again allow the people themselves rule the planet.

As they did pre 1900s in free markets.

[Shami-Amourae]

I believe my eyes.
http://s16.postimg.org/rfc63ramb/11_25_2013_3_41_22_AM.png

People who believe in this are all idiots though. They don't understand the fundamentals. :rolleyes:

[mamboni]

No, I'm being acute.

Had you sold gold at 60 times more than silver, you would've stood more to gain buy selling it again here at 60 times more than silver.

And then just keep purchasing more silver, until it reaches its mean level 1/32 of Gold.

Then when it does that you can slay all the Gold holders, and once again allow the people themselves rule the planet.

As they did pre 1900s in free markets.

The gold-silver ratio means nothing at present. There is no floor under the price of silver. The commercials could push the silver price down to $10 if they chose to.

[Horn]

Collusive banks simply stack and write their gold loans off to one another, while China reduces any practical uses.

Both operating at loss to supply silver for a very long time.

To power the digitized world, silver supply can not be reduced any further, or substituted.

5714

[mamboni]

Collusive banks simply stack and write their gold loans off to one another, while China reduces any practical uses.

Both operating at loss to supply silver for a very long time.

To power the digitized world, silver supply can not be reduced any further, or substituted.

5714

According to the Silver Institute, there was a silver surplus of 300 million ounces in 2013. This was absorbed into coin and bar investment. Industrial concerns need only 400 million ounces of silver per annum. Demand is growing at about 4% per year. So silver can be price smashed much lower without creating an industrial supply squeeze. As for investment demand, if the people keep buying so much physical silver counter to the wishs of the powers that be, there could be a COMEX force majeur and declaration that private ownership of silver is illegal as silver is declared a national strategic metal with no dollar price.

[Horn]

there could be a COMEX force majeur and declaration that private ownership of silver is illegal as silver is declared a national strategic metal with no dollar price.

Oh stfu. First its worth no more than the air that you breathe, then it is declared strategic...


The rational used for the downgrades could be applied to almost every silver company. The reasons cited were depressed silver prices and lack of high grade projects. Analysts noted that Coeur Mining, Pan American and Endeavour have higher cost structures and might have to cut production in some of their lower grade mines if silver prices don’t recover.

http://www.investortalkroom.com/is-coeur-mining-stock-in-trouble/

[Horn]

When we meet in the road, Buddah.

I will give you a mercury dime. (in the form of an expired cell phone)

Silver is tptb's achilles.

[mamboni]

Oh stfu. First its worth no more than the air that you breathe, then it is declared strategic...



http://www.investortalkroom.com/is-coeur-mining-stock-in-trouble/

STFU? If you want to dialog with me, then clean up your act. I don't converse with foulmouth blowhards.

[Horn]

STFU? If you want to dialog with me, then clean up your act. I don't converse with foulmouth blowhards.


http://www.youtube.com/watch?v=zIV4poUZAQo

I demand a sacrifice, Arthur.

Gold is for eating, Silver for heralding, and holding.

[ximmy]

there is no price control... move along

[Horn]

there is no price control... move along

More mushrooms are needed for our most Holy of Communions, please.


http://www.youtube.com/watch?v=oVBfsJ7SoxI

[Jewboo]

http://www.kitco.com/images/live/nygold.gif


:rolleyes:


https://gs1.wac.edgecastcdn.net/8019B6/data.tumblr.com/aafde83a26c919d9a0ae805e6b6af482/tumblr_mstzxte69Q1sgv3ado1_500.gif

[Shami-Amourae]

http://www.kitco.com/images/live/nygold.gif


:rolleyes:


https://gs1.wac.edgecastcdn.net/8019B6/data.tumblr.com/aafde83a26c919d9a0ae805e6b6af482/tumblr_mstzxte69Q1sgv3ado1_500.gif






Look at what this idiot was suggesting/looking into in 2011:
http://gold-silver.us/forum/showthread.php?48504-BitCoins

[Sparky]

On trading the Gold:Silver ratio...

A man had an umbrella. He was able to exchange it for two snow shovels. After a while, he traded the two snow shovels for three umbrellas, happy to have tripled his original position. Seeing further opportunity, he exchanged the three umbrellas for four snow shovels. As time passed, he was eventually able to trade the four snow shovels for five umbrellas. More time passed, and he exchanged the five umbrellas for six snow shovels. Then it rained heavily.

[milehi]

I used to trade the ratio. But the B&M has dried up. I can still pay myself on payday but there's not enough inventory to play. I haven't done mail order for several years.

[zap]

I am not trying to get rich on gold or silver, it is out in a stash ....to be forgotten, I have all the fiat money I need ... let them take it all to hell , then I will still have a commodity, to trade? to barter with? but it will hold my purchasing power? gold ans silver have never been worth nothing?

[Hitch]

More time passed, and he exchanged the five umbrellas for six snow shovels. Then it rained heavily.

Sparky, he should have exchanged only four of those five umbrellas, keeping one for himself. At least he would be dry and have his original position, one umbrella.

[Jewboo]

Bullion futures for February delivery fell 29 percent this year to $1,186.90 an ounce at 9:12 a.m. on the Comex in New York, after touching $1,181.40, the lowest since June 28. Investors lost faith in the metal as a store of value as equities rallied and an economic recovery prompted the Federal Reserve (http://topics.bloomberg.com/federal-reserve/) to pare its $85 billion in monthly bond purchases. Silver dropped 38 percent in 2013 to $18.88 an ounce, heading for the biggest annual slump since 1981.

Linky (http://www.bloomberg.com/news/2013-12-31/gold-with-silver-heading-for-worst-decline-in-three-decades.html)


https://gs1.wac.edgecastcdn.net/8019B6/data.tumblr.com/aafde83a26c919d9a0ae805e6b6af482/tumblr_mstzxte69Q1sgv3ado1_500.gif


:rolleyes:

[EE_]

Sparky, he should have exchanged only four of those five umbrellas, keeping one for himself. At least he would be dry and have his original position, one umbrella.

I think the point was, the greedy bastard got what he deserved.

My New Year message: I just want everyone to get what they deserve! :)

[Horn]

Gold -n- Silver are Rock -n- Roll

Learn how to jam, Jewboo middlemen


http://www.youtube.com/watch?v=o0uBTNCKG7o

[Sparky]

I think the point was, the greedy bastard got what he deserved.

My New Year message: I just want everyone to get what they deserve! :)

That's part of the message. The full message is that gold and silver serve two different purposes, like owning an umbrella and owning a snow shovel. They are not interchangeable. If you only value them in terms of their conversion to FRNs at any given moment, you lose sight of the actual value of owning the separate commodities. Legislation or supply or demand in the future might impact one, and not the other. The reason that the ratio bounces around between 20:1 and 100:1 is because they are NOT viewed as interchangeable commodities.

[gunDriller]

When we meet in the road, Buddah.

I will give you a mercury dime. (in the form of an expired cell phone)

Silver is tptb's achilles.

speaking of Mercury Dimes, i finally saw a 1/10 ounce Silver Indian round.

It's like the 1/4 ounce Gold Indian with the different kind of engraving, about that size.

[Jewboo]

https://farm9.staticflickr.com/8493/8387472483_4198dc4659_z.jpg












:rolleyes: WHY NEVER AN AUDIT

[Jewboo]

http://i2.cdn.turner.com/money/dam/assets/131122085214-gold-ytd-620xa.png


:o ...then try to wipe the tears away




Dollar in demand, gold dives to five-year low (http://www.reuters.com/article/2015/07/20/us-markets-global-idUSKCN0PU00H20150720)

The precious metal XAU= ran into a wave of selling in Asia that drove it down 3.9 percent to $1,089.80 an ounce, having already suffered its worst weekly performance since March last week.


:rolleyes:




https://gs1.wac.edgecastcdn.net/8019B6/data.tumblr.com/aafde83a26c919d9a0ae805e6b6af482/tumblr_mstzxte69Q1sgv3ado1_500.gif

[BrewTech]

I'm happy to say I don't worry much anymore... :)

[Horn]

Imagine Gold under a thousand again, that could trigger my buy signal.


https://www.youtube.com/watch?v=RbJq2rshQJ8

[Luriya]

Interesting statistics for gold. Mostly because I recently heard that selling gold for cash (https://www.facebook.com/luriyacom) was a viable way to recycle any old gold you have, even in today's market according to the graph!

[monty]

Interesting statistics for gold. Mostly because I recently heard that selling gold for cash (https://www.facebook.com/luriyacom) was a viable way to recycle any old gold you have, even in today's market according to the graph!


Spam?

[Dogman]

Spam?
Why keep that nasty old gold?

Trade it for only a percentage of its metal value, for some nice and crispy flat paper!

Spot prices? We use no stinking spot prices!

Lmfao !

Sent from my Nexus 7 using Forum runner

[ximmy]

Why keep that nasty old gold?

Trade it for only a percentage of its metal value, for some nice and crispy flat paper!

Spot prices? We use no stinking spot prices!

Lmfao !

Sent from my Nexus 7 using Forum runner

Yes!, sell it, take a vacation, buy some new furniture, a car, etc. You will be much happier.

[Joshua01]

Yes!, sell it, take a vacation, buy some new furniture, a car, etc. You will be much happier.

Actually, you can borrow up to 150% of your gold's value and take a DREAM vacation. Don't worry about the debt....we'll spread it out over 30 years....it's nothing reallyOO)~

[mamboni]

Gold keeps poking through 1300 tonite, June 15, 2016. Gold and silver feel like they're on the launch pad. It wouldn't shock me if gold burned through $1400 soon after setting a solid $1300+ price floor.

[Luriya]

Interesting statistics, will have to look into this subject matter further to fully understand the graph!

[Jewboo]

http://i2.cdn.turner.com/money/dam/assets/131122085214-gold-ytd-620xa.png


:o ...then try to wipe the tears away






http://img.4plebs.org/boards/pol/image/1473/14/1473144604922.jpg


Three years later Gold is $1,355.30 today.

[Neuro]

http://img.4plebs.org/boards/pol/image/1473/14/1473144604922.jpg


Three years later Gold is $1,355.30 today.

It's called forming a base for future launch. Love that Federal Reserve Vote!