View Full Version : Some of us are already feeling the new prosperity!
EE_
11th November 2016, 09:49 AM
Gold and silver are plummeting :(
Where's the bottom? $9.00 silver, $700 gold?
Joshua01
11th November 2016, 09:50 AM
Gold and silver are plummeting :(
Where's the bottom?
Huge buying opportunity right now. I'm playing the waiting game before committing any more nearly useless FRNs into metals
EE_
11th November 2016, 09:53 AM
Hope buying opportunity right now. I'm playing the waiting game before committing any more nearly useless FRNs into metals
What happens if Trump's America 1st crashes the global economy?
Joshua01
11th November 2016, 09:55 AM
What happens if Trump's America 1st crashes the global economy?
Gold and silver will represent the most dependable value. I don't want my life depending just on FRNs. I'm a hedger. I like to spread it out to limit my exposure to this crazy roller coaster ride we call the world economy
mamboni
11th November 2016, 09:59 AM
These next few days are going to be very very volatile. The fundamentals for gold and silver are unchanged. In fact, given these uncertain times, the metals are absolutely essential to protecting oneself. Also, Trump is a closet gold bug (so was Reagan). Stock markets are sharply higher...for now. The underlying fundamentals are still bubbly. Even Trump called it a bubble.
Steady as she goes. A little turbulence up ahead.
Glass
11th November 2016, 10:11 AM
gold is the most volatile atm. It is still nearly double what I paid last time I bought in. Silver is bucking any trend gold might signaling. I don't think there is a signal there. Major currencies have seen only a small blip. Tells me a lot of people went the wrong way on the election outcome. Probably cashing out paper GLD to cover calls.
Joshua01
11th November 2016, 10:18 AM
gold is the most volatile atm. It is still nearly double what I paid last time I bought in. Silver is bucking any trend gold might signaling. I don't think there is a signal there. Major currencies have seen only a small blip. Tells me a lot of people went the wrong way on the election outcome. Probably cashing out paper GLD to cover calls.
The value of gold never changes. I don't view gold as an investment, I view it as protecting some of my assets against economic manipulation. I would never suggest that one puts all their money into metals. It should be part of a comprehensive portfolio of value to plan out for yourself.
Glass
11th November 2016, 11:29 AM
hmm I don't think my charts are updating very timely. seem to be stalling.
old steel
11th November 2016, 03:59 PM
Andy Hoffman from Miles Franklin said once silver breaks $20.45, it's game over for the never-more-naked-short Cartel.
Did that already back in August for one day, no?
https://twitter.com/andy_hoffman_mf
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