Are Gold and Silver gonna keep going down?

[cvigue]

Seems like a fundamental misunderstanding of what money is going on here.

[keenkeen]

And now for some real news on gold.

http://www.livemint.com/Money/HLKeaaB8X9DzoDZjQVb9rN/Gold-prices-fall-on-stronger-US-dollar.html

[keenkeen]

And now for some real news on gold.

http://www.livemint.com/Money/HLKeaaB8X9DzoDZjQVb9rN/Gold-prices-fall-on-stronger-US-dollar.html

[the86d]

Welp, $16.20 AG... -$0.96 this morning.
$16.07 -$1.08 AG
$dropping like a rock...
Burn-baby-burn...

Looks like Dec-Feb are good times to buy, as in recent years these months seem to be the yearly-lows, somewhere in that three-month stretch.

I assumed it was going to drop soon, which is a nice price (for still a 6-year, near-low) this is nice... but for how long?

I am glad I knew not to buy anything on Black Friday... "sales".

Think we will see another $13-$14 AG, or $1050 AU in the next few months?

[wpage]

Buy low sell high.

[OutlawStar]

Think we will see another $13-$14 AG, or $1050 AU in the next few months?

Thats another 10-15% drop. We just saw a 6% drop in one day for silver. Its possible but the dollar must keep going up and interest rates ratcheting up. It won't be overnight but I think buying right now is a bad idea.

[glockman19]

Gold FALLING.....

Don't try to catch a falling knife...You'll get cut.

There will be good opportunities to buy under $1,000 in the next 8-12 months as interest rates continue to rise and the dollar gains strength against other currencies.

$1,050 is where I'll consider buying again...I see gold falling another 20-30%

[glockman19]

Gold FALLING.....

Don't try to catch a falling knife...You'll get cut.

There will be good opportunities to buy under $1,000 in the next 8-12 months as interest rates continue to rise and the dollar gains strength against other currencies.

$1,050 is where I'll consider buying again...I see gold falling another 20-30%

[danfinger]

Buy low sell high.

And when the price of food gets too high, EAT THE RICH!

[sixoclockhold]

Last night in Shanghai the Benchmark Gold price was $1,182.

So if you could get physical from the NY or London boys for $1,130 you would make a sweet return melting it down to 99.99 Kilo Bars then depositing it with our China buddies.

The decouple has started and sometime soon greed will own the day !

How many tons of silver does it take to create 1 GW of electricity from panels?

Buy buy buy

[keenkeen]

Last night in Shanghai the Benchmark Gold price was $1,182.

So if you could get physical from the NY or London boys for $1,130 you would make a sweet return melting it down to 99.99 Kilo Bars then depositing it with our China buddies.

The decouple has started and sometime soon greed will own the day !

How many tons of silver does it take to create 1 GW of electricity from panels?

Buy buy buy

LOL...

[Not a Cook]

I'm surprised this thread has been so quiet lately. Just to "stir it up", here's a recent video from Mike Maloney:

Silver Investing Manipulation: The Truth On A Timeline @ https://www.youtube.com/watch?v=F1rKu7wvIXc



One form of spot price manipulation confirmed; many more still to go.

[the86d]

Everything is going on "sale"...

Time to take every dip to the cleaners.

I hope I have to to stop by one of my favorite shops on the way home from work, and hope that it doesn't correct before I get there...

[cantcme]

I can't believe people harm their families by refusing to build wealth. Not a single person on this forum, not even one single exception, has built wealth with precious metals. Not even an accidental, get lucky, beat the odds exception. Please take your responsibilities seriosly and build wealth for your family.

[BigBamBoo]

There are quite a few folks in this thread who (claim to be) are diversified in their investments.

Only a small number of self proclaimed guru's are mentally flawed and claim PM's are the saving grace and the only way to go. And those folks track record of "predictions" speak for themselves.

This thread is always good for a laugh.

.