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Are Gold and Silver gonna keep going down?

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  • CaliforniaLiberal
    #1 Bull Goose Loony
    CGN Contributor - Lifetime
    • Jan 2008
    • 4690

    Originally posted by CaliforniaLiberal
    Yes, yes!! I can see the pattern now! The price increases (or decreases) for a while, followed by decreases (or increases) for a period of time. And repeat. Sometimes the increases are greater than the decreases and other times vice versa. Over certain periods of time there is a trend that can be seen, either trending upward or downward, as may be.

    All rather unpredictable I should say. Almost random.

    Come to think of it, my checking account balance follows a similar pattern.
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    Comment

    • the86d
      Calguns Addict
      • Jul 2011
      • 9583

      Originally posted by therealnickb
      So, are gold and silver still going down?
      It seems to be:


      1YR:


      You can actually check, yourself: http://silverprice.org/
      In hitting silverprice.org, it looks like gold fell off the cliff:

      Phreik! I need a new car, so no jumping on that for me just yet...
      Last edited by the86d; 07-22-2015, 5:06 AM.

      Comment

      • sixoclockhold
        Banned
        • Jul 2012
        • 4040

        Fuky didn't change his tune until 38.2% retracement was breached. Now we look for 50% at $950 knowing $1,010-$1,000 is not only support but a key psych barrier. 68.2% retracement is $725 Gold and is nothing to willy nilly about, that # shows key support and resistance going up to $1,900.

        I most assuredly will begin another round of dollar cost averaging in Gold if or when $950 is broken. This is a shake out now and I expect nothing but extreme pressures on physical Gold holders. My PM's aren't going anywhere and a technical hedge or short is a good play imo.

        RE and Stawks are going to do the same same, so don't looked surprised when it happens. It's technical trading and Wallstreet thrives on it.

        Comment

        • Supertac916
          Senior Member
          • Feb 2012
          • 2423

          Originally posted by mindwip
          As an apple stock holder please continue buying over priced apple crap. The watch sales are down. Have you people not heard there's one out of gold. Your killing two birds with one buy! Pm and watch.

          Let's go now.
          Don't freak out but Apple is down over 7% this morning after losing over 1% yesterday. PE ratios still look good at 16. The damn Chinese messing everything up because they aren't buying enough of their overpriced Apple crap right now. Chinese bought plenty of iphones, but the watch numbers were unclear.
          Last edited by Supertac916; 07-22-2015, 6:27 AM.

          Comment

          • Ripon83
            Calguns Addict
            • Jan 2011
            • 6686

            AAPL is down cause they only sold 35% more phones and only 3 million watches LOL
            Remember the Mighty Midgets



            Comment

            • Supertac916
              Senior Member
              • Feb 2012
              • 2423

              Originally posted by Ripon83
              AAPL is down cause they only sold 35% more phones and only 3 million watches LOL
              Yep, then we have Whirlpool that missed profits and are up 6% and a PE of 20.

              Comment

              • therealnickb
                King- Lifetime
                CGN Contributor - Lifetime
                • Oct 2011
                • 8902

                Originally posted by the86d
                It seems to be:


                1YR:


                You can actually check, yourself: http://silverprice.org/
                In hitting silverprice.org, it looks like gold fell off the cliff:

                Phreik! I need a new car, so no jumping on that for me just yet...
                I know. I've been saying it for 2 years. There is nothing compelling about metal then or now.

                I was laughing yesterday when a metal fund co was stuttering and visible shaking while explaining why he still wasn't wrong. He spewed conflicting gibberish not unlike someone on this very thread.

                Keep your powder dry kids.

                Comment

                • CaliforniaLiberal
                  #1 Bull Goose Loony
                  CGN Contributor - Lifetime
                  • Jan 2008
                  • 4690

                  Originally posted by sixoclockhold
                  Fuky didn't change his tune until 38.2% retracement was breached. Now we look for 50% at $950 knowing $1,010-$1,000 is not only support but a key psych barrier. 68.2% retracement is $725 Gold and is nothing to willy nilly about, that # shows key support and resistance going up to $1,900.

                  I most assuredly will begin another round of dollar cost averaging in Gold if or when $950 is broken. This is a shake out now and I expect nothing but extreme pressures on physical Gold holders. My PM's aren't going anywhere and a technical hedge or short is a good play imo.

                  RE and Stawks are going to do the same same, so don't looked surprised when it happens. It's technical trading and Wallstreet thrives on it.

                  You're using Mad Libs to write this excrement aren't you.

                  Better Way to Search CalGuns - https://www.google.com/cse/home?cx=0...78:pzxbzjzh1zk
                  CA Bill Search - https://leginfo.legislature.ca.gov
                  California Rifle and Pistol Association - http://crpa.org/
                  Sacramento County Sheriff Concealed Carry Info - Search 'Concealed Weapons Permit Information Sacramento'
                  Second Amendment Foundation - http://www.saf.org
                  Animated US Map Showing Progress of Concealed Carry Laws 1986 to 2021 http://www.gun-nuttery.com/rtc.php

                  Comment

                  • sixoclockhold
                    Banned
                    • Jul 2012
                    • 4040

                    Originally posted by CaliforniaLiberal
                    You're using Mad Libs to write this excrement aren't you.

                    https://en.wikipedia.org/wiki/Mad_Libs

                    Comment

                    • ohsmily
                      Calguns Addict
                      • Apr 2005
                      • 8907

                      Originally posted by CaliforniaLiberal
                      You're using Mad Libs to write this excrement aren't you.

                      https://en.wikipedia.org/wiki/Mad_Libs
                      Originally posted by sixoclockhold
                      That is a creepy response that is disturbing on many levels. You really are a special kind of crazy. As I asserted in one of my previous posts, I strongly suspect you have a psychiatric condition, diagnosed or not.
                      Last edited by ohsmily; 07-22-2015, 9:44 AM.
                      Expert firearms attorney: https://www.rwslaw.com/team/adam-j-richards/

                      Check out https://www.firearmsunknown.com/. Support a good calgunner local to San Diego.

                      Comment

                      • sixoclockhold
                        Banned
                        • Jul 2012
                        • 4040

                        Originally posted by ohsmily
                        That is a creepy response that is disturbing on many levels. You really are a special kind of crazy. As I asserted in one of my previous posts, I strongly suspect you have a psychiatric condition, diagnosed or not.

                        Comment

                        • mindwip
                          Senior Member
                          • Mar 2008
                          • 1576

                          I bought apple when we had the mini crash for a week earlier this year. Still up 28 percent on it and getting small interest on it. I think the stock will rebound up, as the last report was good.

                          For silver every one is out of the mixed bags that have low spot! On the email list can't wait to buy 20 more coins!
                          NRA Member and Pistol Instructor, CGN/CGF supporter and CRPA Member. Time to put your money where your mouth is.

                          Current goal; become a Appleseed Rifleman.

                          Comment

                          • Not a Cook
                            Senior Member
                            • Mar 2013
                            • 1684

                            Serious question for all those here who expect silver and gold prices to drop like a rock: do you expect the dealers to run out of physical inventory at some point (either due to people buying the "deals" or because supply decreases)? If so, when?
                            Regarding the 2nd Amendment:
                            "...to disarm the people ― that was the best and most effectual way to enslave them." George Mason ("The Father of the Bill of Rights")

                            Regarding Life and Death:
                            "Do not fear those who kill the body but are unable to kill the soul; but rather fear Him who is able to destroy both soul and body in hell." Matthew 10:28

                            The BIG question: "What shall I do then with Jesus which is called Christ?" Matthew 27:22b

                            Comment

                            • keenkeen
                              Calguns Addict
                              • May 2011
                              • 6782

                              Originally posted by Not a Cook
                              Serious question for all those here who expect silver and gold prices to drop like a rock: do you expect the dealers to run out of physical inventory at some point (either due to people buying the "deals" or because supply decreases)? If so, when?

                              LOL.

                              No.

                              Never.
                              "But far more numerous was the herd of such, Who think too little and who talk too much." -John Dryden

                              Comment

                              • wpage
                                Calguns Addict
                                • Jan 2011
                                • 6063

                                Good time to buy silver and gold...
                                God so loved the world He gave His only Son... Believe in Him and have everlasting life.
                                John 3:16

                                NRA,,, Lifer

                                United Air Epic Fail Video ...

                                https://www.youtube.com/watch?v=u99Q7pNAjvg

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