holding physical silver gives me butterflies in my stomach just like when I look at my bitcoin wallet
Topic: Metals are getting absolutely monkey hammered (Read 3161 times)
I've been enjoying this drop in price for gold/silver.
holding physical silver gives me butterflies in my stomach just like when I look at my bitcoin wallet
holding physical silver gives me butterflies in my stomach just like when I look at my bitcoin wallet
I don't know why, but my gold holdings are bleeding like a stuck pig. 
If this keeps up all I'm gona have are pretty doorstops.
If this keeps up all I'm gona have are pretty doorstops.
I'm thinking we may be nearing some kind of bottom? I hope to scoop up my first ounce under a thousand
I don't know why, but my gold holdings are bleeding like a stuck pig.
If this keeps up all I'm gona have are pretty doorstops.
If this keeps up all I'm gona have are pretty doorstops.
as long as banks are allowed to print pieces of paper that represent gold and sell them into the market, the gold price is a bottomless pit 
there is an infinite amount of paper gold in the world, mark you.
of course if something goes wrong with that paper gold pyramid, and enough people begin asking for delivery, the stampede will begin and we could see some extreme price movements to the upside
there is an infinite amount of paper gold in the world, mark you.
of course if something goes wrong with that paper gold pyramid, and enough people begin asking for delivery, the stampede will begin and we could see some extreme price movements to the upside
This is currently still a place for investment gold investors to keep their property from inflation, experience tells us that the price of gold is likely to be stable compared to the others, besides gold also highly recognized in all countries, in the current era of bitcoin, besides gold crowd glance where investment is bitcoin, current bitcoin exchange rates tend to go up and stable, competitive exchange rates make many investors turn to bitcoin, it is not all countries accept as a place for investment, but today many powerful countries have acknowledged bitcoin as a place for investment ... 
Anyone care to throw around some educated guesses as to why? And when it will stop?
Planned decreases in investment from China as they start their beautiful deleveraging
It will stop once China is done deleveraging their currency and becomes interested in commodities again
Or if someone else feels like building up the economy significantly.
It will stop when another large country (possibly the us) defaults. People are fairly blind to the major issue obama is causing with his spending...
legendary
Activity: 2884
Merit: 1115
Leading Crypto Sports Betting & Casino Platform
Anyone care to throw around some educated guesses as to why? And when it will stop?
Planned decreases in investment from China as they start their beautiful deleveraging
It will stop once China is done deleveraging their currency and becomes interested in commodities again
Or if someone else feels like building up the economy significantly.
Well it's been some years since I thought gold was about to tank, at least to a historical support line. This was not only because of banks manipulating the price but also because of dollar politics being changed and obviously big players knew about this in advance. Another thing to consider is that we will start mining asteroids in the next decade, so what we today know as "precious" metals, won't be precious anymore, and we could discover great new materials opening the doors for completely new things where gold and friends may be useless. I wouldn't bet on metals for making a profit, but they could still save your ass from inflation, at least for the next 5-7 years, after that who knows.
Great time to buy if you can get your hands on the actual metal and not a derivative.
http://www.metal.com/newscontent/66605_sold-out-us-mint’s-american-eagle-silver-coin-supply-depleted
I would disagree. If you own the physical metal then you will need to pay for the cost of shipping the metal to you and pay for the cost of keeping it secure (especially if you own large amounts). If you own a futures contract for a metal then you do not have these expenses, plus a futures contract generally means that you would take delivery of the metal at some point in the future at a certain location http://www.metal.com/newscontent/66605_sold-out-us-mint’s-american-eagle-silver-coin-supply-depleted
Great time to buy if you can get your hands on the actual metal and not a derivative.
http://www.metal.com/newscontent/66605_sold-out-us-mint’s-american-eagle-silver-coin-supply-depleted
Nothing more solid than actual metals. You cant trust gf, you cant trust your family, you cant even trust Bitcoin as much as you can trust your metals.http://www.metal.com/newscontent/66605_sold-out-us-mint’s-american-eagle-silver-coin-supply-depleted
Yes, put all your faith in metal. Hold it above your family and those closest to you. Only the love of money will save us from evil.
I guess I wouldn't be so bold as to suggest spending bitcoins on it. Or holding it above those closest to you. But it couldn't hurt to divest from petrodollars into some phyzz?
Just my sort of growing opinion
Great time to buy if you can get your hands on the actual metal and not a derivative.
http://www.metal.com/newscontent/66605_sold-out-us-mint’s-american-eagle-silver-coin-supply-depleted
Nothing more solid than actual metals. You cant trust gf, you cant trust your family, you cant even trust Bitcoin as much as you can trust your metals.http://www.metal.com/newscontent/66605_sold-out-us-mint’s-american-eagle-silver-coin-supply-depleted
Yes, put all your faith in metal. Hold it above your family and those closest to you. Only the love of money will save us from evil.
Yeah, starting to think that if this continues, gold might just be worth buying again. Buy on dips.
that would be clever
Great time to buy if you can get your hands on the actual metal and not a derivative.
http://www.metal.com/newscontent/66605_sold-out-us-mint’s-american-eagle-silver-coin-supply-depleted
http://www.metal.com/newscontent/66605_sold-out-us-mint’s-american-eagle-silver-coin-supply-depleted
Wow seems like people are realizing what a bargain these prices are right now. Good time to convert some btc to silver!
Great time to buy if you can get your hands on the actual metal and not a derivative.
http://www.metal.com/newscontent/66605_sold-out-us-mint’s-american-eagle-silver-coin-supply-depleted
Nothing more solid than actual metals. You cant trust gf, you cant trust your family, you cant even trust Bitcoin as much as you can trust your metals. http://www.metal.com/newscontent/66605_sold-out-us-mint’s-american-eagle-silver-coin-supply-depleted
I haven't followed it much but there was talk of collusion between metal warehousing and brokerage houses.
Since they are getting scrutiny, the market is opening up and the price is dropping.
Just an uneducated guess.
The funny thing is that a lot of the "gold" people are investing in doesn't exist, its just paper, so actually prices should go UP as investors realize there is less of it.Since they are getting scrutiny, the market is opening up and the price is dropping.
Just an uneducated guess.
However it goes DOWN because the "gold" price is set by the paper instruments - which are now loosing trust.
The real gold you ask? No one cares; because of the digital age and tungsten fillings gold has become cumbersome and difficult to use. EVEN if the world ended you would probably be better off trading cigarettes than gold/silver.
I used to like gold and silver coins, but every time I analyze it rationally it does not make much sense.
Good points.
Great time to buy if you can get your hands on the actual metal and not a derivative.
http://www.metal.com/newscontent/66605_sold-out-us-mint’s-american-eagle-silver-coin-supply-depleted
http://www.metal.com/newscontent/66605_sold-out-us-mint’s-american-eagle-silver-coin-supply-depleted
Profit taking before the big collapse, people are probably going to start re-buying like crazy when the fed chairman blinks and doesn't do as much money printing 
There was also a segment by Peter Schiff where he actually reckoned guys like Goldman Sachs were trying to short Gold to get the price to drop.
They haven't stopped it, they've just lessened it and carried it on over a longer period of time just like the last time they 'stopped' it the American economy is only alive because of money printing, I am so going to get rich of this crash, I won't miss the opportunity like in 2008.
There was also a segment by Peter Schiff where he actually reckoned guys like Goldman Sachs were trying to short Gold to get the price to drop.Quote
Guys. If you like to read financial news, you will know the reason is that the USA is quitting QE and dollar strengthen.
They haven't stopped it, they've just lessened it and carried it on over a longer period of time just like the last time they 'stopped' it the American economy is only alive because of money printing, I am so going to get rich of this crash, I won't miss the opportunity like in 2008.
What do you lot mean when you're on about buying gold/silver?
Are you investing in stocks, buying solid gold jewellery or can you buy small officially stamped blocks of the stuff to keep in a safe?
Which is best?
Are you investing in stocks, buying solid gold jewellery or can you buy small officially stamped blocks of the stuff to keep in a safe?
Which is best?
Guys. If you like to read financial news, you will know the reason is that the USA is quitting QE and dollar strengthen.
I haven't followed it much but there was talk of collusion between metal warehousing and brokerage houses.
Since they are getting scrutiny, the market is opening up and the price is dropping.
Just an uneducated guess.
The funny thing is that a lot of the "gold" people are investing in doesn't exist, its just paper, so actually prices should go UP as investors realize there is less of it.Since they are getting scrutiny, the market is opening up and the price is dropping.
Just an uneducated guess.
However it goes DOWN because the "gold" price is set by the paper instruments - which are now loosing trust.
The real gold you ask? No one cares; because of the digital age and tungsten fillings gold has become cumbersome and difficult to use. EVEN if the world ended you would probably be better off trading cigarettes than gold/silver.
I used to like gold and silver coins, but every time I analyze it rationally it does not make much sense.
Anyone care to throw around some educated guesses as to why? And when it will stop?
Free market, dood... Cryptos are even more volatile.
I'm waiting for despair. I think I'll recognize it now... I want cheap gold:D
Are you buying real metal you can put your hand on or just financial commodity on a stock market?
I haven't followed it much but there was talk of collusion between metal warehousing and brokerage houses.
Since they are getting scrutiny, the market is opening up and the price is dropping.
Just an uneducated guess.
Since they are getting scrutiny, the market is opening up and the price is dropping.
Just an uneducated guess.
Yeah, starting to think that if this continues, gold might just be worth buying again. Buy on dips.
Anyone care to throw around some educated guesses as to why? And when it will stop?
Free market, dood... Cryptos are even more volatile.
I'm waiting for despair. I think I'll recognize it now... I want cheap gold:D
Anyone care to throw around some educated guesses as to why? And when it will stop?
Free market, dood... Cryptos are even more volatile.
Anyone care to throw around some educated guesses as to why? And when it will stop?
Jump to: