Are Gold and Silver gonna keep going down?

[AmericanRedoubt]

Please stop making logical common sense posts. We can only consider extreme all or nothing absolutes in this thread.

LOL

Long live the Republic. God Speed.

[mindwip]

And spec. Remember if the market has a crash keep putting in money or even more. When it recovers you will make bank.

I am eyeing a stock that recently lost 30 percent of its value to buy more.

[sixoclockhold]

"1905 close today?...incoming

Happy Columbus Day !"


Close 1906

Smashy, I've been doing this awhile

Love Fuki Guru

[sixoclockhold]

Gold is up for the year 1.6%, Dow is even. Russell is down what 9%?, Nasdaq is holding on to a 3% gain & S&p 3.5%

The problem I see now is false confidence was laid this week and people got trapped, bull trap not exactly, more like 3 card monte. Happens a lot, Wall Street is really good at head fakes. We now sit at a very interesting number 1905 s&p, when it breaks, and I believe it will, I figure like Crazy Town Macke low 1800's and it should come fairly quickly, more trapping, more indecision, more head fakes.

At 1800 Macke thinks the Bears win if that breaks, I think it is the TPTB who win and they will win. I like Macke, swings by his own rope, keeps it simple stupid. Smart advise at end of video.

If Gold can hold $1,200 zone during this crush of the lambs, I will be pleased.

Enjoy some Crazy Town and purple pencil.

http://finance.yahoo.com/news/stocks-take-their-wildest-2-day-ride-in-17-years-110839521.html

[therealnickb]

Day traders never cease to amaze.

[sixoclockhold]

Day traders never cease to amaze.

Not sure you have contributed one thing to this thread, oh wait, sure !

At least smashy and rip have talent and class, I'm sure one day they will belly up and say, "man was I wrong on that".

Anything that can happen will happen.

S&P 600

Gold to da moon ! and back

[sixoclockhold]

Keep clinging to China, let me know how that works out for you. You should totally go all-in on that bet...

India demand is looking weak and Russian central bank is gonna be screeewed going into next year and made a major tactical error or selling dollars instead of lending them. Their companies are going to need foreign currencies bad and their Forex reserves are going to be devasted, that is an additional selling pressure on gold.

Don't click on the link, you don't want to see it:
http://www.bloomberg.com/quote/RUREFEG:IND

I wouldn't play with the Chinese Tiger if I were you. Monday you and others here have no access to stawks, but they (Tigers), Russians, Indians, Fuki's and an assortment of others will be sell sell sell all those pretties you love so much. Rule #1, you never, ever, fall in love with a stawk, which you have, a bunch of them.

Now go click that link I gave you to see the futures market after the close.

S&P 1894....The 200 day is broken...can you stand the pain at 1800? 1,700, 1,600, 1,500, 1,000, 800, 700, 600 ?

There is going to be soo many holes in the dike, the Algo's won't be able to trade fast enough or punish Gold/Silver. Physical demand with skyrocket, dealers will shut their doors till a price stabilizes.

It was Black Friday, everyone is trapped for 3 days to stew. Perfect plan, I expected nothing less from them.

[sixoclockhold]

<<<MARGIN CALLS>>>

Perfect Storm

"The amount of margin debt being used to purchase stocks on the NYSE is at a record high also (see chart)."

"In other words, “bubbles are characterized by increased leverage” and when those assets being leveraged, be they stocks or mortgages, are about to lose a meaningful portion of their value, all that debt is very hard to pay back. Presto! You are in a crisis about to turn into a panic of seeking liquidity.

http://www.forbes.com/sites/robertlenzner/2013/10/29/the-making-of-a-bubble-in-todays-record-high-stock-market/

This is a section about prepare and survive. You did prepare right?

[jgraphix73]

http://www.zerohedge.com/news/2014-10-10/calm-storm-gold-market

[therealnickb]

Not sure you have contributed one thing to this thread, oh wait, sure !

At least smashy and rip have talent and class, I'm sure one day they will belly up and say, "man was I wrong on that".

Anything that can happen will happen.

S&P 600

Gold to da moon ! and back

What was the title of this thread? Who's been correct so far? You've done nothing but cheerlead, copy & paste.

I beleive your motivation is to pump & dump.

Back up the truck baby because the end is near right? Black Friday right.

[sixoclockhold]

What was the title of this thread? Who's been correct so far? You've done nothing but cheerlead, copy & paste.

I beleive your motivation is to pump & dump.

Back up the truck baby because the end is near right? Black Friday right.

Like the peeps that read calguns is going to move the gold market. You know very little about the size of this daily market.

I DCA and have been for 15 months, stated it on arrival. I want Gold in my retirement in 3.5 years.

Put your ear to the ground, you know little. Start watching and reading everybody. The hints are there, you just have to spot them.

Soros 5 yrs ago crying about China, please come play with the NWO china, bi-lateral currencies is bad for us elite. We will let you in the SDR game. China didn't play, flipped us the bird and are now the force of the globe. Zero-hedge ran an article just once, it was very complex, I couldn't follow but I got the jist. It's China who has driven the Gold price down and they showed how, it is China that has grabbed all the Gold. Do I need to explain why? The US cannot counter it, they know the dollar is dead, no gonna be crushed, Soro's told you so. What you think he is some retard, hell no, he is one of the elite running things. I'm not sure what the elite plan is, but you can be damn sure they are hedged with Gold, shorts and physical assets. Did you not hear Soro's talk about other currency trades sidestepping the dollar? Do you not see China and Russia doing it, now with a host of others, maybe even Germany? The dollar is going to fall, the sheep are to be crushed, why? They still have assets to take, they didn't hedge, they didn't get out of debt, which they were warned 6 years ago to do. Greed man, learn the greed game. Everyone is saying the game is over but you still don't listen, you haven't listened.

Now go back to your one liners being derogatory about people who purchase the most revered asset on this planet.

Rant over, wave your flipper, here's a Fuki Fish

[sixoclockhold]

"(Reuters) - Buying activity in China's physical gold exchange ticked up this week, indicating retailers in the top consumer of the metal saw good sales during the week-long National Day holiday.

Prices on the Shanghai Gold Exchange - the platform for all physical trades in China - were about $5-$6 an ounce higher than the global benchmark XAU=, compared with about $3 before Chinese markets closed for the holiday."

http://in.reuters.com/article/2014/10/10/gold-demand-asia-idINKCN0HZ0TD20141010

Billions of people get it....one liners don't

[therealnickb]

Rant on my friend. Here's another one liner.

Yes, gold and silver are still going down.

[sixoclockhold]

Rant on my friend. Here's another one liner.

Yes, gold and silver are still going down.

Gold is up for the year. Fact, an elementary child could figure it.

Stawks are down for the year. Fact, and it's much worse than you'll even know.

http://seekingalpha.com/article/2515045-a-paradox-in-the-s-and-p-500-record-highs-in-the-midst-of-average-stock-losses

"A Paradox In The S&P 500? Record Highs In The Midst Of Average Stock Losses

There appears to be a paradox as the S&P 500 sets record highs while the average of the stocks within the index is down 7% year to date."

This was at a time when S&P was at 2000, today you get a 5% haircut, so it's safe to say the average S&P stock is down around 12%.

Nasdaq I'm sure is worse as the Russell.

Please learn how they suck you in and spit you out. Some money manager do well, some suck, ymmv.

Certainly Pro football players are having a rough go.

http://www.gobankingrates.com/personal-finance/dan-marino-vince-young-broke-nfl-players-lost-fortunes/

According to Sports Illustrated, approximately two years after retirement, the percent of NFL players bankrupt or financially stressed is a whopping 78 percent.

Easy come, easy go.

[cantcme]

Buy gold high. Then sell it it low or just sit on it low for years. What is your other option with gold steadily going down? How will deflation addict it?