Are Gold and Silver gonna keep going down?

[sixoclockhold]

All around the Globe, the financial system is breaking down and in a hurry. So much so the rush is on to grab as much Gold as they can because paper has and is becoming trash, they printed waaay to much and all hope is lost.

Hide your GOLD and CASH: Because you're now a terrorist !

"So - cash, bitcoin, precious metals, and prepaid cards over $150 are all instruments of the "terrorists" and are now open to confiscation if you are a suspicious person... which, by their rhetoric, you are if you actually hold any of these assets."

http://www.zerohedge.com/news/2016-12-27/europe-proposes-confiscating-gold-crackdown-terrorist-financing

[steelciocc]

1oz Credit Suisse for $1,154 shipped

http://m.ebay.com/itm/Daily-Deal-1-Troy-oz-Credit-Suisse-Gold-Bar-9999-Fine-Sealed-In-Assay-/311444564385?hash=item48838ae9a1%3Ag%3AjrMAAOSwL7VWp9Sg&_trkparms=pageci%253A098faa7a-cd40-11e6-878f-74dbd1a0a931%257Cparentrq%253A4737dc471590a78546212b2affc9b2e9%257Ciid%253A1

[sixoclockhold]

Rest assured, we are going to $1,400 VERY Quickly how the world burns.

Moon Doggie !

Buy Buy Buy

[sixoclockhold]

http://www.zerohedge.com/news/2017-01-01/gold-market-charts

Some good charts here and some links to further reports. IMO stars seem to be aligning. Russia, China & India are not slowing down and if the production numbers we've read hold true, 2017 will be less and the next 20 years less. The high grade stuff is gone, the dirt in the movers is already bought and paid for before even processed. The Swiss look to need a refill on supply. Warehouses are thin with available. 2017 should be a good year.

It's that time a year where I take my bottle & can money in and buy buy buy.

[glockman19]

Gold starts 2017 at $1150

[Adam25]

Anybody know of a mint called Silver Security? Bought several crude rounds made by them stamped 1974. Can't find any info online about them.

[sixoclockhold]

I would think your best bet would be some really old coin shops.

Waay before the internet and before silver really got on the radar with the Hunt Bros.

Silver was everywhere and cheap.

What's the purity of the rounds? They marked?

[Adam25]

I would think your best bet would be some really old coin shops.

Waay before the internet and before silver really got on the radar with the Hunt Bros.

Silver was everywhere and cheap.

What's the purity of the rounds? They marked?

Ya, they are stamped one Troy ounce .999 fine silver universal value for world trade and say silver security Life Liberty Property on the other. No graphics or anything just text

[sixoclockhold]

Shanghai Gold tonight is $1181, so the gap is closing. No longer will paper gold prices effect the real mccoy.

The stackers should be proud to have broken the backs of the manipulators.

China now has the most powerful weapon in the global war of finances. GOLD INVENTORY !

You better get you some because the train is about to derail.

[sixoclockhold]

Tonight is going to be very interesting. London fix is going to now have to follow the Shanghai fix.

China can continue to force the prices up as long as the greed factor (buying London selling Shang arbitrage) is in play. Their threat of selling US treasuries could be a smoke screen as they destroy world markets with a flight to physical Gold. Once Crimex can't or won't deliver we have global paper meltdown.

[sixoclockhold]

Tonight is going to be very interesting. London fix is going to now have to follow the Shanghai fix.

China can continue to force the prices up as long as the greed factor (buying London selling Shang arbitrage) is in play. Their threat of selling US treasuries could be a smoke screen as they destroy world markets with a flight to physical Gold. Once Crimex can't or won't deliver we have global paper meltdown.

[Not a Cook]

Tonight is going to be very interesting. London fix is going to now have to follow the Shanghai fix.

Care to elaborate on this point?

[sixoclockhold]

Care to elaborate on this point?

You saw what happened, I posted on it 3 weeks ago. Shaighai was $52 more expensive for an oz. of Gold than London as the manipulators sold years worth of paper gold supply in the market to drive down the price keeping derivative triggers at bay. (for now)

China wouldn't sell it's physical for that cheap, they held their ground, Physical GOLD DID decouple from paper !

Now China is financially hurting because they like the rest printed a lot of paper. Trump is putting pressure on them and everyone else trying to bring business sense back into the market. Anyone with half a brain knows we should have had run away inflation with all the printing over the last 8 years.

It's coming with a lot of destruction. Gold will prosper.

Chinese banks can sell US treasuries which are losing value in a inflating interest rate whiplash into physical Gold which they can double the value on these reserves by playing hardball with London and New York. If you sold a $1 billion in Treasuries and bought $1 billion in Gold forcing it to $2 billion you recapitalized a lot of bad debts maybe saving your institution.

$1160 gold to $2320 gold...not really a big leap of faith, it's actually long overdue.

IMO China will rock the boat but slowly, the last thing they want is tariffs. And Trump talks a big game but fruits take time and spending another $5 Trillion only pushes Gold that much higher.

Sure the wealthy are happier about Trump but who's really going to create jobs? Minimum wage slavery is the best you will do.

My sales were up 19% last year....I clean and fix sheet ! I hired no one.

[sixoclockhold]

Just another $20 up today

$1,184

[sixoclockhold]

Can You Spot the Gold?

Prince died with (67) 10 ounce bars of Gold. Not a huge amount but enough that sends another statement to the world.

http://www.zerohedge.com/news/2017-01-09/prince-hoarded-cash-owned-67-10-ounce-gold-bars-when-he-died-avoided-stocks-and-bond