Gold&Silver are mostly being traded through ETF's. Means your physical purchases won't create any upwards pressure on the prices. Gold's price is whatever JP morgan or Goldman Sachs say it is.
The price manipulation on some assets is very huge. After all those years, all those FIAT was printed year after year, Gold should have been $10k/ounce (minimum) already but it is not.
Topic: Golden Rule Radio: Geopolitical Pressures Push Metals Higher (Read 146 times)
OP, with all due respect, it's stuff like this I've been hearing ever since precious metals came on my radar in 2011. Gold & silver are always getting ready to explode--IF ONLY another war is started; IF ONLY stocks crash; IF ONLY [insert variable here]. And yet metals have been flatlined ever since then, which is 7 years now.
I've said this in other threads: If you're looking to park your money somewhere and want to protect it against inflation, metals might be an option, but if you're looking for an investment that's going to make you some money, look elsewhere. Metals are dead, dead, dead. I understand that the best time to buy something is when it's been beaten down to the point where it's a bargain, but I don't think there's going to be any great interest in metals for quite a while. Stocks and crypto are going to be the hottest investments for some time to come--and remember, this is a forum about bitcoin. You won't get too many people arguing against bitcoin being the better option here.
The other reason to buy metals is if you actually like coins. I do own a couple of gold coins that I like, and I have a number of silver coins that I don't plan on letting go of. Those aren't considered investments, however. Not in my book.
I've said this in other threads: If you're looking to park your money somewhere and want to protect it against inflation, metals might be an option, but if you're looking for an investment that's going to make you some money, look elsewhere. Metals are dead, dead, dead. I understand that the best time to buy something is when it's been beaten down to the point where it's a bargain, but I don't think there's going to be any great interest in metals for quite a while. Stocks and crypto are going to be the hottest investments for some time to come--and remember, this is a forum about bitcoin. You won't get too many people arguing against bitcoin being the better option here.
The other reason to buy metals is if you actually like coins. I do own a couple of gold coins that I like, and I have a number of silver coins that I don't plan on letting go of. Those aren't considered investments, however. Not in my book.
I have such conflicting interests. Unrest in the world is good for my pocket but thats all its good for. We are entering uncertain times. Which like you pointed out is only having a positive effect on sound stores of value
There is nothing wrong with protecting yourself.
Geopolitical pressures like Syria & trade tariffs push metals higher. US stocks are mixed this last week as we continue in this sideways channel after a 12% correction since the start of the year. If that correction pushes much lower be prepared for commodities to see further strength. We will cover the price movements this last week of gold, silver, platinum, palladium, the us dollar index, the DOW, and more.
Click here to watch this video and to read more:
https://goldsilverliberty.blogspot.ca/2018/04/golden-rule-radio-geopolitical.html
I would have invested in this if I could. Of course bitcoin is an option nowadays but when things become uncertain, people start buying into these traditional investments. Gold in particular could become even more useful as we enter an era where America is slowly slipping from position as sole power. Might seem far-fetched but the gold standard might even comeback in the distant future.
I have such conflicting interests. Unrest in the world is good for my pocket but thats all its good for. We are entering uncertain times. Which like you pointed out is only having a positive effect on sound stores of value
Geopolitical pressures like Syria & trade tariffs push metals higher. US stocks are mixed this last week as we continue in this sideways channel after a 12% correction since the start of the year. If that correction pushes much lower be prepared for commodities to see further strength. We will cover the price movements this last week of gold, silver, platinum, palladium, the us dollar index, the DOW, and more.
Click here to watch this video and to read more:
https://goldsilverliberty.blogspot.ca/2018/04/golden-rule-radio-geopolitical.html
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