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Are Gold and Silver gonna keep going down?

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  • sixoclockhold
    Banned
    • Jul 2012
    • 4040

    Shanghai has sent a clear message tonight, were going to $1,205 London Boys, got it?

    This whole game to crush the financial reserve currency is playing out.

    Jim Willie as cooky as he can be has some interesting points in two of his recent chats on the tube.



    Comment

    • sixoclockhold
      Banned
      • Jul 2012
      • 4040

      The London Boys have now came within a Dollar of the Shanghai Guys @ $1,207

      How important is Gold in a Cyprus, Iceland or say Greece meltdown?

      Is the old barbarous relic a safe haven when Stawks lose 70% or Real Estate?

      The world is awash in financially collapsing countries. Everyday Gold/silver are becoming a harbinger of real wealth. No stopping it now. If you want 20 tons of Gold you will pay thru the nose for the physical, some reports are double today's spot. We the little guys are afforded the luxury of cheap Gold to cause the illusion that it's worthless. No, it takes very hard work to gather up an ounce and with rising costs of everything today, it has become the true storage of wealth.

      Demand is skyrocketing while supply is dwindling.

      Sleep well.....

      Comment

      • keenkeen
        Calguns Addict
        • May 2011
        • 6782

        Originally posted by sixoclockhold
        The London Boys have now came within a Dollar of the Shanghai Guys @ $1,207

        How important is Gold in a Cyprus, Iceland or say Greece meltdown?

        Is the old barbarous relic a safe haven when Stawks lose 70% or Real Estate?

        The world is awash in financially collapsing countries. Everyday Gold/silver are becoming a harbinger of real wealth. No stopping it now. If you want 20 tons of Gold you will pay thru the nose for the physical, some reports are double today's spot. We the little guys are afforded the luxury of cheap Gold to cause the illusion that it's worthless. No, it takes very hard work to gather up an ounce and with rising costs of everything today, it has become the true storage of wealth.

        Demand is skyrocketing while supply is dwindling.

        Sleep well.....
        Wow...$1200 gold and 6Zero is frothing at the mouth.

        How did it go for you yesterday?

        So funny.
        Last edited by keenkeen; 01-14-2017, 8:51 AM.
        "But far more numerous was the herd of such, Who think too little and who talk too much." -John Dryden

        Comment

        • sixoclockhold
          Banned
          • Jul 2012
          • 4040

          Keen can you spot the Gold?

          Comment

          • keenkeen
            Calguns Addict
            • May 2011
            • 6782

            ^^^

            Spam.

            Reported.
            "But far more numerous was the herd of such, Who think too little and who talk too much." -John Dryden

            Comment

            • sixoclockhold
              Banned
              • Jul 2012
              • 4040

              Originally posted by keenkeen
              ^^^

              Spam.

              Reported.
              I've been contacted by some very high ups in the organization, who wanted to thank me for my efforts which bring in about 6% additional hit advertising revenue.

              Go figure?

              Comment

              • Citizen_B
                Senior Member
                • Mar 2014
                • 1429

                Originally posted by sixoclockhold
                I've been contacted by some very high ups in the organization, who wanted to thank me for my efforts which bring in about 6% additional hit advertising revenue.

                Go figure?
                Wrong. Wrong. Not true. You're fake news. Very unfair. You're fired.

                Comment

                • sixoclockhold
                  Banned
                  • Jul 2012
                  • 4040

                  CalGun Artist formally known as SIX

                  Yes it's true, Prince and I were close, while his American Idol Necklace was made by Joseff Jeweler to the Stars, I made my own.

                  The Chicoms are pushing Gold further today with Shanghai @ $1,213 Friday night. $1,300 is on the flat horizon. No fish eye lens for me.

                  Buy Buy Buy and bury your PM's and cash in other states ! I like free Arizona and Arkansas. Couple of Big A'ss....

                  Comment

                  • Not a Cook
                    Senior Member
                    • Mar 2013
                    • 1684

                    If you're into technical analysis, you might find this article/analysis interesting: http://bullionexchanges.com/blog/201...m_medium=email

                    If you are simply unwilling to take a minute to read the linked article but want to know what it says, here's my summary: expect MAJOR volatility in the spot prices for PMs in 2017.
                    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

                    • sixoclockhold
                      Banned
                      • Jul 2012
                      • 4040

                      Cook that's all fake info.

                      Physical which is what we American's should be concerned about is sold as fast as it is smelted. Actually it's forward sold.


                      Today in India one would pay $1,454 a Troy ounce, 31.1 grams for gold pressed into a cute little flowery looking coin. These guys and gals have always had the market cornered on Gold and with all the attempts to slow them down, it ain't working !

                      Only paper price is volitile which we here in the US get to take advantage of the bargains.

                      All aboard !!!

                      Comment

                      • Not a Cook
                        Senior Member
                        • Mar 2013
                        • 1684

                        Originally posted by sixoclockhold
                        Cook that's all fake info.

                        Physical which is what we American's should be concerned about is sold as fast as it is smelted. Actually it's forward sold.


                        Today in India one would pay $1,454 a Troy ounce, 31.1 grams for gold pressed into a cute little flowery looking coin. These guys and gals have always had the market cornered on Gold and with all the attempts to slow them down, it ain't working !

                        Only paper price is volitile which we here in the US get to take advantage of the bargains.

                        All aboard !!!
                        I think you already know I agree about the spot prices being manipulated and that my focus in this thread has instead been on physical; however, I think spot price is still important.

                        Why? Because (like it or not) every PM dealer with which I'm familiar sells physical bullion products using pricing based upon the paper spot prices. Spot prices directly impact how many greenbacks it takes to pick up an ounce of gold or silver, and all of us have a very limited amount of greenbacks at our disposal.

                        Knowing that the paper traders anticipate an unusually volatile year in the spot prices would seem to be valuable information for anyone who is wanting to buy physical PMs on the dips (as opposed to simply daily cost averaging into physical).

                        Of course, all this assumes that the dollar doesn't crash (or that a "black swan" doesn't appear) and send PM prices "to da moon".
                        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

                        • sixoclockhold
                          Banned
                          • Jul 2012
                          • 4040

                          These articles are just scare tactics. The big banks called $1,050 for 2016 close. Didn't happen and China keep physical at $1,180 other than a couple days so we see how far they missed even with selling 3 years of paper gold production?

                          Nobody can call the pull backs effectively, that's why a dollar cost average has always been the best bet.

                          Say you acquired 500 oz. of silver over time and called the pull backs pretty well. Your dollar cost average ended up say $1.20 less than the average joe just buying bi-monthly or quarterly. $625 better than Joe, not worth the stress. Both you and Joe end up at the end zone with $10,000 worth of value to protect you and your family.

                          $600 bucks is an expensive day at Disneyland........

                          Comment

                          • Citizen_B
                            Senior Member
                            • Mar 2014
                            • 1429

                            I will buy/sell any physical PM significantly above/below the "manipulated" spot price. Meaning I'll buy under spot and sell over spot - your choice which. If it's a big enough deal I'll drive out to meet you. I'll only accept/pay in US dollars. No barrels of wheat, numbers of donkeys, or anything else of perceived value. Any takers? I know there's real believers out there not just talkers...

                            Then as a bonus I'll be back on here to share with those interested a free educational lesson on market arbitrage.

                            Comment

                            • Not a Cook
                              Senior Member
                              • Mar 2013
                              • 1684

                              Originally posted by Citizen_B
                              I will buy/sell any physical PM significantly above/below the "manipulated" spot price. Meaning I'll buy under spot and sell over spot - your choice which. If it's a big enough deal I'll drive out to meet you. I'll only accept/pay in US dollars. No barrels of wheat, numbers of donkeys, or anything else of perceived value. Any takers? I know there's real believers out there not just talkers...

                              Then as a bonus I'll be back on here to share with those interested a free educational lesson on market arbitrage.
                              No kidding?! Gee whiz... so will EVERYONE else in this thread!

                              Originally posted by Not a Cook
                              I think you already know I agree about the spot prices being manipulated and that my focus in this thread has instead been on physical; however, I think spot price is still important.

                              Why? Because (like it or not) every PM dealer with which I'm familiar sells physical bullion products using pricing based upon the paper spot prices. Spot prices directly impact how many greenbacks it takes to pick up an ounce of gold or silver, and all of us have a very limited amount of greenbacks at our disposal.
                              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

                              • sixoclockhold
                                Banned
                                • Jul 2012
                                • 4040

                                Up $15 + this morning $1,219.

                                The dollar is being hammered down $.97 cents. Again, financial markets are melting, this is the quickening, Trump can't save us only insure some live thru the crash landing.

                                Will the world get a new reserve currency?

                                Gold and Silver ARE the backbone of safety and wealth.

                                Might want to sell a few of those AR's and buy buy buy GOLD !

                                Comment

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