Are Gold and Silver gonna keep going down?

[juelz919]

Where is everyone at?

Do I hold or do I go drop $1500???

OR DO I BUILD ANOTHER AR???????

DECISIONS DECISIONS

[Dodahdude]

Where is everyone at?

Do I hold or do I go drop $1500???

OR DO I BUILD ANOTHER AR???????

DECISIONS DECISIONS

You can go 30 days without food.
3 days without water.
You cant eat silver or gold.
But with copper you attain all the above.......

[keenkeen]

Where is everyone at?

Do I hold or do I go drop $1500???

OR DO I BUILD ANOTHER AR???????

DECISIONS DECISIONS

$1500? Build three AR's...

[sixoclockhold]

Here is where some think Gold is headed:

http://finance.yahoo.com/news/perfect-storm-brewing-gold-technician-160000759.html

But, it's not ZeroHedge so what do they know right?

I'm pleased with my actions this year. While I did do some dollar cost averaging in metals, mostly Gold, I deviated from my 50% cash 50% metals of discretionary income.

It ran 29% metals and 71% cash (king). I also picked up a few nice Gold shorts during the year. Any serious weakness and I'm backing up some of this excess cash.

[the86d]

Does anyone have successful results trading the ratio in the past?
(Buys silver when the ratio is high, say ~>70:1, then trade the silver in for gold when the ratio is closer, say ~<50:1?)

[sixoclockhold]

Does anyone have successful results trading the ratio in the past?
(Buys silver when the ratio is high, say ~>70:1, then trade the silver in for gold when the ratio is closer, say ~<50:1?)

I'm not sure how anyone could be too successful at this. Whens the top, whens the bottom? Who can call that? Dollar cost averaging is a good strategy to accumulate to a predetermined end.

The costs to buy, then sell in large quantities, then repurchase something else and pay a premium again, how does that make any financial sense?

Just thinking about it you have probably come to the conclusion, wow, I really like GOLD. Yeah maybe it's time to start acquiring 1/10th ounces?

I'm thinking about getting a stack of these as I have no 1/10 ounces. They are so cute

https://www.golddealer.com/product/austrian-gold-philharmonic-tenth-oz/

When SHTF they could come in very handy as weekly payroll for my platoon of elite fighting force. 3 hots and a cot, payday on Friday. You hearing this Kansas man?

[Ripon83]

Metal pushers use the ratio of gold to silver to promote one or the other. When Gold was $400ish and silver at under $5 it was 80 to 1 and a few years ago when silver touched $50 and gold $2k it was 40 to 1. Now look at it - back to 70 to 1. Its all over the place; not worth speculating on to me - especially since powers beyond our control can manipulate either one at their whim any time.

[GW]

I'll buy silver again when there's a new series of Zombucks.

[the86d]

I'll buy silver again when there's a new series of Zombucks.

I was kind of thinking the same thing, as of late.

This time though, I would be starting at the beginning of the series, rather than paying a healthy-premium for the ones I missed before I started "collecting"...
but then again, today: Silver $14.11 -0.33

I really think I would rather have a bunch of silver (ALL @6-year lows) rather than just a bit of gold, as gold would be harder to break up, and make change, if it ever came to that.
I think gold needs to correct, before I jump on that bandwagon, but I might be swayed to getting a 1/10th or two at current prices.

[getafterit]

All things being equal (read honest) shouldn't gold be at about $40,000 per oz?

[keenkeen]

All things being equal (read honest) shouldn't gold be at about $40,000 per oz?

No.

Next question?

[getafterit]

No.

Next question?

If the value of gold were not manipulated where would the price be? Seems that with all the printing gold should be higher than what it is.

[keenkeen]

If the value of gold were not manipulated where would the price be? Seems that with all the printing gold should be higher than what it is.

Please enlighten us as to who or what is artificially manipulating the price of gold down...

And how specifically are they accomplishing this feat? And to what end?

[getafterit]

Keen, I am not suggesting that. But since you asked. Gold does not have a mind of it own. So what then sets the price? A computer? If so who programmed that computer?
I am being serious. I am only trying to understand what drives the value of gold. I apologize for my ignorance.

[keenkeen]

Keen, I am not suggesting that. But since you asked. Gold does not have a mind of it own. So what then sets the price? A computer? If so who programmed that computer?
I am being serious. I am only trying to understand what drives the value of gold. I apologize for my ignorance.

The marketplace sets the price.