Are Gold and Silver gonna keep going down?

[keenkeen]

Looks like lower unless China steps in, but Harry Dent is starting to look like King. Glad I'm in mostly cash, just need to find a parking spot that isn't going to steal it.

That was almost an actual prediction.

But then the dreaded "unless" pops up.

So your prediction is "It may be down, but it could be up...it depends."

Maybe we should start calling you "The Oracle".

[sixoclockhold]

That was almost an actual prediction.

But then the dreaded "unless" pops up.

So your prediction is "It may be down, but it could be up...it depends."

Maybe we should start calling you "The Oracle".

Gold can go to $400, I won't be selling mine. If we get major deflation and debt destruction as Dent predicts, gold/silver is cool, they are still money and will reflate. $400 of Gold still buys the same stuff as it does today. Cash is very cool, but I;ve been saying that. R/E and Stocks are what you don't want. Maybe Gold pops here first? It's difficult to stop this selling short the paper market when regulators turn their head.

[F8ality]

Hell if gold goes to $400 I'd be buying it like it was going outta style

Sent from my SM-N910V using Tapatalk

[jeffyhog]

Maybe?

What if like China they said if you buy stocks you can't sell them? All those people stuck in stocks at pennies on the dollar. Or what if they said, hey were on the hook here for all these loans now since everything is Fed Funded with no insurance, YOU Can't sell your home? or bonds....

And we want all your gold and silver bro. We didn't practice Jade Helm and buy billions of bullets and drones for nuttin.

The Ponzi Scheme is collapsing and they will have to pull a Greece on the World, their way or the highway to Heaven?

2% GDP, what would it be if Gas wasn't hyped or Obama Care wasn't mandatory.

Deflation before Inflation, I read that somewhere....

https://gold-forum.kitco.com/showthread.php?93752-Deflation-Precedes-Hyperinflation-Long-Answer

You guys should take a look at kitco.com
lots of threads on investing in stocks, gold, silver, etc. Go back a few years and see the arguments about the price of metals and the economy in general as the stock market tanked and the run-up in pms. And the reversal that followed.

There are no gurus, but there are lots of guesses and predictions, but mostly hopes based on where people have put there money.

I think the "Deflation precedes hyperinflation " is one of the most informative and thought-provoking threads I've followed, and it goes back almost 5 years. The man who started seems very sincere and has made many financial decisions based on his beliefs, and I'm sure he has influenced many people.
So far, things haven't played out as he predicted, but it could be argued that we are within the cycle.

Just a recommendation to do your research and place your bets accordingly. A lot of information out there and many different opinions, theories, and ideas.

[Mssr. Eleganté]

...Glad I'm in mostly cash...

Smart move staying mostly in cash. Glad you didn't fall for all of the PM hype that's been posted in this thread by the gold/silver shills...

...Hey, wait a minute...

[sixoclockhold]

Smart move staying mostly in cash. Glad you didn't fall for all of the PM hype that's been posted in this thread by the gold/silver shills...

...Hey, wait a minute...

Oh I fall for it, 6% of my wealth is PM's....I sleep goooooood

[glockman19]

Gold dips to under $1,100
Silver dips below $15

[sixoclockhold]

Smart move staying mostly in cash. Glad you didn't fall for all of the PM hype that's been posted in this thread by the gold/silver shills...

...Hey, wait a minute...

Growing up in Arcadia, I also didn't believe the dream that the Chicom's would push R/E much higher than it is currently. We took the money and ran.

Tell me how it goes 5 yrs. from now when you're looking back from your radiated beaches with China in the toilet, saying I coulda had a V8.

We think differently and that's ok.

[sixoclockhold]

Gold dips to under $1,100
Silver dips below $15

The good news is I'm up almost 5% in one day on my Gold Short and I still gots my stack.

Crazy how that works...... Almost as good as The Spying Eyes of Googley.

[CaliforniaLiberal]

Just checked, gold is at $1482 and silver is at $25.70 an ounce. These have not been this low in two years.

Thoughts on the next year? Time to buy or time to sell?

Gold dips to under $1,100
Silver dips below $15

It seems that the Original Post has it's answer.

[slo5oh]

JM Bullion has a 5oz silver bar on sale for 83.15 credit/PayPal or 79.95 if you pay by wire or check. Also free shipping if you spend more than $100.
for those interested

[elSquid]

Silver dips below $15

I'm buying at $6.



-- Michael

[Ripon83]

Next stop $1000 and $12.50....not long I'd guess....we're looking more and more deflationary each day right now.

[Wild West]

Precious metals......the only thing people invest in and say they don't care if it goes down in value. Lol!

Can you imagine someone saying "just bought 100 shares of Apple and it's down about 25%. I don't care, I'll just buy more all the way down to zero."

Buying silver and holding it has to be one of, if not the worst investments over the last 3+ years hands down.

[keenkeen]

Gold can go to $400, I won't be selling mine. If we get major deflation and debt destruction as Dent predicts, gold/silver is cool, they are still money and will reflate. $400 of Gold still buys the same stuff as it does today. Cash is very cool, but I;ve been saying that. R/E and Stocks are what you don't want. Maybe Gold pops here first? It's difficult to stop this selling short the paper market when regulators turn their head.

But does that mean we are not going...wait for it...

"To da moon!!!"