Topic: Gold collapsing. Bitcoin UP. - page 1372. (Read 2032270 times)
i watched it. is that guy someone you really value?
Good news for silver: http://www.goldmoney.com/gold-research/alasdair-macleod/the-coming-silver-price-eruption.html?utm_source=twitterfeed&utm_medium=twitter
I got a semi when I read this.
for those that don't like to watch, here some pix from vid:
gold weekly
gold monthly
silver:
silver weekly
silver monthy
Gregory Mannarino says he doubled down on his gold/silver investment (assuming physical) and there will be an explosive move once we break above the previous high of his little pattern there ("these charts are a language")
Thoughts?
Why not farmland, or income-producing real-estate (eg, cash-flow positive after a fixed-rate mortgage)?
Those are ideal revenue stream sources, but they're not good forms of wealth preservation - especially now. Two different purposes.
Imagine having to move your assets. What do you do with a building, or land? If in a geopolitically unstable region (I consider the US & Europe low to moderately unstable, trending toward highly unstable), the margins from a productive asset might be heavily reduced to a point of being net negative, or it could be removed from your possession.
With the potential for rules being changed overnight, mobility is very valuable. Items that are portable and have the greatest wealth/value density form a mobile, distributable insurance policy.
Agreed that they're not ideal in a very unstable political climate, but short of picking up and moving one's family to a jurisdiction with less political risk (tough to measure more than a couple years out anyway), is there really a better option for wealth-*building*? Additionally, in the sufficiently-stable political scenario, such assets should be nicely floored by the cash-flow, whereas PMs are only floored by their production cost (which is much less, percentage-wise).
I think if one is living in the US or EU, ya kinda have to either risk it on productive assets (with *some* stash of PMs and BTC in case of a 5x-100x rise) or go somewhere else. Putting the *majority* of one's wealth into PMs in an effort to build and preserve long-term seems sub-optimal, or at least quite risky.
Don't get me wrong - I wouldn't be too surprised if gold is $5k/oz in a few years either; I just think that if you're committed to remaining in the US, the play with the best risk-reward is hard assets that generate current cash-flow.
Why not farmland, or income-producing real-estate (eg, cash-flow positive after a fixed-rate mortgage)?
Those are ideal revenue stream sources, but they're not good forms of wealth preservation - especially now. Two different purposes.
Imagine having to move your assets. What do you do with a building, or land? If in a geopolitically unstable region (I consider the US & Europe low to moderately unstable, trending toward highly unstable), the margins from a productive asset might be heavily reduced to a point of being net negative, or it could be removed from your possession.
With the potential for rules being changed overnight, mobility is very valuable. Items that are portable and have the greatest wealth/value density form a mobile, distributable insurance policy.
The world isn't ending, inflation is inevitable, and aside from Bitcoin the precious metals offer the best wealth protection possible. ...
Why not farmland, or income-producing real-estate (eg, cash-flow positive after a fixed-rate mortgage)? Seems being cash-flow positive on fixed-rate debt on a hard-asset that's likely already gone through the majority of its bubble-popping is a better long-term inflation hedge than PMs (whose current prices seem dependent on a likelihood of them becoming a component of a future world-currency, which may or may not happen in our lifetimes).
Here's the chart to look at:
...
Long-term downtrend intact.
...
Long-term downtrend intact.
oh really? why?
The world isn't ending, inflation is inevitable, and aside from Bitcoin the precious metals offer the best wealth protection possible. By holding silver while the ratio declines, it's possible to completely avoid fiat exposure. At the same time, gains can be made by trading among the PMs, particularly exchanging decreasing amounts of silver for increasing amounts of gold.
Platinum gained a much greater amount than gold/silver during November. If some were being held, it could be traded now at a decent profit. With a reasonably sized pool of holdings, this spread trading is much more reliable than equities or most currencies right now. There's only one layer of separation between the owner and the asset being traded when dealing with commodities.
As long as the GSR continues its descent, the ratio spread trade will produce phenomenally reliable returns.
I started looking into stacking silver, but I could never bring myself to do it. for 2 reasons
1) I feel the whole gold / silver "movement" is fueled by a fear of inflation and TOTAL economic collapses. in which case SURE your gold coins will buy you stuff... but a bullet and a bag of rice, might cost 1 gold coin... so maybe just buy the bullet/rice if your afraid of TOTAL economic collapses? ( I just keep my pantry full these days... saves me money
)
2) Bitcoin!
1) I feel the whole gold / silver "movement" is fueled by a fear of inflation and TOTAL economic collapses. in which case SURE your gold coins will buy you stuff... but a bullet and a bag of rice, might cost 1 gold coin... so maybe just buy the bullet/rice if your afraid of TOTAL economic collapses? ( I just keep my pantry full these days... saves me money
)2) Bitcoin!
Silver is really pulling away from Gold the last few weeks...
Anyone think its possible that Gold goes under $1500 while Silver makes new all time highs above $50?
Anyone think its possible that Gold goes under $1500 while Silver makes new all time highs above $50?
Yes. Gold:Silver is way high.
In my limited experience with the commodities market, Gold and Silver have almost traded in lock step. Its a very strange feeling that I get when I see Silver diverging from Gold...
I have been confident in my bullish Gold predictions here mostly due to the bullish features of Silver... now it seems that the two PMs may separate. Good thing Im only actually invested in Silver and BTC, no Gold for me at the moment
.just when you think you're on to something:
Buying opportunity
Im not even close to giving up on Silver. Its not even under the low from 2 days ago...What we are seeing in Silver right now is very similar to the price action from end of July/Aug.
Here's the chart to look at:
Long-term downtrend intact.
Long-term downtrend intact.
oh really? why?
I have to agree with this. Gold/Silver will defiantly be going down, either cuz gold will go down or silver will go up or both
Here's the chart to look at:
Long-term downtrend intact.
Long-term downtrend intact.
oh really? why?
Here's the chart to look at:
Long-term downtrend intact.
Long-term downtrend intact.
Silver is really pulling away from Gold the last few weeks...
Anyone think its possible that Gold goes under $1500 while Silver makes new all time highs above $50?
Anyone think its possible that Gold goes under $1500 while Silver makes new all time highs above $50?
Yes. Gold:Silver is way high.
In my limited experience with the commodities market, Gold and Silver have almost traded in lock step. Its a very strange feeling that I get when I see Silver diverging from Gold...
I have been confident in my bullish Gold predictions here mostly due to the bullish features of Silver... now it seems that the two PMs may separate. Good thing Im only actually invested in Silver and BTC, no Gold for me at the moment
.just when you think you're on to something:
Dashed Dreams:
I'm still not all back in, buying oppurtunity
Top of a cycle, I'm happily holding my short and not nearly ready to exit yet
oh noes! another short!
btw, my GG short is killing it with SLW not far behind.
Dashed Dreams:
I'm still not all back in, buying oppurtunity
Top of a cycle, I'm happily holding my short and not nearly ready to exit yet
Dashed Dreams:
I'm still not all back in, buying oppurtunity
thats the spirit!
Dashed Dreams:
I'm still not all back in, buying oppurtunity
Dashed Dreams:
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